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LME copper spot premium hits 28-year high! The three giants lock in 160,000 tons of positions, shorts deeply trapped in a “physical squeeze” crisis.

LME copper spot premium hits 28-year high! The three giants lock in 160,000 tons of positions, shorts deeply trapped in a “physical squeeze” crisis.

The London Metal Exchange copper market has erupted in intense turmoil, with spot prices soaring above futures, indicating large-scale inventory withdrawals are underway. At the heart of this tug-of-war is the contradiction between the huge long positions held by three entities and the severely insufficient deliverable inventory, forcing short sellers
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