Group 1 - Mercuria plans to withdraw over 40,000 tons of copper from LME's Asian warehouses, valued at approximately $460 million [1] - LME reported a significant increase in copper withdrawal requests, with a surge of 50,575 tons, the largest since 2013, bringing total requests to 56,875 tons, which is 35% of LME's total inventory [1] Group 2 - The action by Mercuria has led to an increase in the premium of spot copper contracts over three-month copper futures, reaching $88 per ton, the highest since October 13 [2] - The supply tightness is exacerbated by disruptions in mines in Indonesia and Chile, contributing to rising copper prices and historically low copper inventories in LME-certified warehouses [2] - Analysts predict that the revival of profitable arbitrage opportunities in the U.S. will further drive up copper prices, potentially leading to a "short squeeze" as companies holding short positions may need to source copper for delivery [2]
全球铜市神经紧绷：摩科瑞被曝大举提货，LME库存近被掏空
Feng Huang Wang·2025-12-04 22:21