商品交易巨头火上浇油：Mercuria被爆计划从LME仓库提取超4万吨铜

Group 1 - The recent surge in copper prices is driven by concerns over global supply shortages, particularly due to disruptions in major copper-producing countries like Indonesia and Chile, alongside increasing demand [1][2][4] - Mercuria, a Swiss commodity trading giant, plans to withdraw over 40,000 tons of copper from LME's Asian warehouses, valued at approximately $460 million, which may further exacerbate supply concerns [1][4] - The LME has seen a significant increase in canceled warrants, reaching 50,725 tons, the highest since 2013, indicating heightened demand for physical copper [1][2] Group 2 - The supply tightness is further intensified by production cuts from companies like Ivanhoe Mines and Glencore, with Glencore reducing its output target for next year [3][4] - The uncertainty surrounding U.S. tariffs on copper has led to a surge in imports, with the U.S. copper import volume reaching record highs [4][5] - Analysts are divided on the future of copper prices, with Goldman Sachs expressing caution about the sustainability of the recent price surge, while Mercuria maintains a bullish outlook [5][6]