🚨🟠 42 Days of Falling Copper Stocks — What Happens Next?
LME inventories have now declined for 42 straight sessions, while copper prices remain close to record territory. The combination of shrinking warehouse stocks and elevated cash premiums suggests unusually tight near-term supply.
But falling inventories don't automatically guarantee another rally. If demand weakens or fresh supply reaches the market, copper could cool quickly.
The next major signal: whether LME stocks finally stabilize—or continue falling into a deeper supply squeeze.
#lmecopperstocksfall42dayslongestsince2014
LME inventories have now declined for 42 straight sessions, while copper prices remain close to record territory. The combination of shrinking warehouse stocks and elevated cash premiums suggests unusually tight near-term supply.
But falling inventories don't automatically guarantee another rally. If demand weakens or fresh supply reaches the market, copper could cool quickly.
The next major signal: whether LME stocks finally stabilize—or continue falling into a deeper supply squeeze.
#lmecopperstocksfall42dayslongestsince2014