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Macro Finance

China’s Copper Squeeze Deepens as Buyers Scramble For Metal

Bloomberg Markets·November 5, 2026·1 min read

Copper buyers in China are scrambling for physical metal as spot premiums soar, signaling a sharp tightening of supplies in the world's biggest market. The squeeze reflects growing demand and constrained availability, pushing buyers to pay higher prices to secure delivery. The trend highlights China's critical role in global copper consumption and its impact on broader commodity markets.

Read at Bloomberg Markets
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