TechFlow news, December 5 — 50,000 tons of copper were abruptly "emptied," severely impacting London Metal Exchange inventories. Mercuria, a major commodities firm, withdrew over 40,000–50,000 tons of copper from LME warehouses in Asia to hedge against potential Trump-era tariff risks, accounting for roughly one-third of total inventory. This move drove copper prices close to $11,500 per ton, with spot premiums over three-month futures widening significantly, fueling market speculation of a short squeeze.
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