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Tag

metals

2 articles

Research & Analysis16d ago

Copper's LME Spread Hits Widest Since 2021 as Physical Supply Tightens

The August-to-September spread on the London Metal Exchange reached $370 per ton Friday, the widest one-month gap in five years, as physical copper availability tightens sharply.

Research & Analysis20d ago

LME Copper Spread Hits Highest Level Since 2021 Squeeze

The Tom/next spread briefly reached $100 a ton Wednesday as long holders sitting on 130,000 tons of Jan. contracts pushed spot prices sharply above deferred futures.