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Copper Nears Record High As Shanghai Inventories Tumble, Fueling Scarcity Fears

Copper Nears Record High As Shanghai Inventories Tumble, Fueling Scarcity Fears Copper has almost retraced the selloff sparked earlier this month, following Reuters' report that the White House's "copper tariff plan stalls amid affordability concerns." Prices are back near record highs in London as Bloomberg reports tightening supplies in China's physical market, reinforcing scarcity concerns. Three-month futures on the London Metal Exchange rose .7% to $14,763 a ton, putting the industrial metal within striking distance of its September 10 record of $14,875. The driver, according to the outlet, is new Shanghai Metals...
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Jul 23, 2026 / Tyler Durden
Swedish Police Veteran Warns Islamization Is Replacing Gang Violence As Country's Defining Threat
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Jun 11, 2026 / Tyler Durden
ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
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Jun 23, 2026 / Tyler Durden
MP Materials' Lawsuit Against USA Rare Earth Highlights Battle For America's Future In Minerals
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