The copper market is facing a severe supply squeeze:
The LME’s front-month copper spread surged to a $370 per ton premium on Friday, the widest one-month spread since the 2021 supply squeeze.
This means traders are paying a historic premium for copper available in the near term
The LME’s front-month copper spread surged to a $370 per ton premium on Friday, the widest one-month spread since the 2021 supply squeeze.
This means traders are paying a historic premium for copper available in the near term