Copper squeeze builds with spreads surging and price near record
https://www.mining.com/web/copper-squeeze-builds-with-spreads-surging-and-price-near-record/ Bloomberg News | August 17, 2026 | 10:17 am Markets Europe USA Copper Stock image. Copper rose toward a record on the London Metal Exchange, with soaring price spreads highlighting an increasingly acute squeeze in near-term supply. The metal’s spot price traded as much as $545 a metric ton above the three-month futures contract, the widest backwardation since a historic squeeze in 2021...
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