The global rush for copper shows no signs of slowing:
Copper inventories at Comex, Shanghai Futures Exchange, and London Metal Exchange are up to 1.02 million tons, the highest in 23 years.
Copper stockpiles have DOUBLED since September.
Since 2024, inventories have soared +380%, one of the most rapid increases in history.
Copper inventories at Comex alone surged to a record 534,405 tons in the first week of February.
Copper inventories in warehouses tracked by the London Metal Exchange have surged for 27 consecutive days, the longest streak since 2009.
Global copper stockpiles are skyrocketing.
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The global rush for copper shows no signs of slowing:
Copper inventories at Comex, Shanghai Futures Exchange, and London Metal Exchange are up to 1.02 million tons, the highest in 23 years.
Copper stockpiles have DOUBLED since September.
Since 2024, inventories have soared +380%, one of the most rapid increases in history.
Copper inventories at Comex alone surged to a record 534,405 tons in the first week of February.
Copper inventories in warehouses tracked by the London Metal Exchange have surged for 27 consecutive days, the longest streak since 2009.
Global copper stockpiles are skyrocketing.