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Copper prices on the London Metal Exchange have risen to historical records, and the short-term supply squeeze has further intensified; spot prices have a premium of up to $545 per ton compared to three-month futures, the biggest negative spread since 2021.

Zhitongcaijing·08/17/2026 17:49:01
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Copper prices on the London Metal Exchange have risen to historical records, and the short-term supply squeeze has further intensified; spot prices have a premium of up to $545 per ton compared to three-month futures, the biggest negative spread since 2021.