Copper Nears Record High As Shanghai Inventories Tumble, Fueling Scarcity Fears

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Source: Zero Hedge
Published: 2026-09-23 04:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Europe, Economy & Finance, China, Financial Markets, US Politics, Business & Economy, Asia Pacific
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Snippet:
Copper has almost retraced the selloff sparked earlier this month, following Reuters' report that the White House's "copper tariff plan stalls amid affordability concerns." Prices are back near record highs in London as Bloomberg reports tightening supplies in China's physical market, reinforcing scarcity concerns.
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