Macro Finance
Trafigura Snaps Up Copper in Asia as China Faces Supply Crunch
Bloomberg Markets·November 7, 2026·1 min read
Trafigura Group is buying large volumes of copper to boost sales into Asia as local supplies run low, adding to a scramble for metal that has pushed regional premiums for spot cargoes to record highs. The trading house's purchases come as China faces a supply crunch, intensifying competition for available copper in the region.
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