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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Commodities | Why does India remain a 'price taker' in the global metals market?
Description: The copper market has experienced significant volatility due to macroeconomic factors, particularly China's influence and the U.S. Federal Reserve's policies. With China consuming nearly 50 per cent of global copper production, its economic health, especially in the housing sector, heavily influences copper prices. In this State of the Economy podcast, businessline’s Subramani Ra Mancombu speaks to Kishore Narne, Director & Head - Commodity & Currency - Motilal Oswal Commodity Broker Pvt Ltd, on the factors influencing copper pricing. Initially, expectations of a Chinese economic stimulus and U.S. rate cuts spurred copper prices. However, the absence of such act...