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Mercuria Withdraws Huge Volume of Copper From LME as Prices Soar
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Why This Matters
Mercuria Energy Group has ordered the withdrawal of $500 million worth of copper from LME warehouses, positioning itself for a potential global supply crunch driven by US tariffs, causing copper prices to soar.
Market Impact
Market impact analysis based on bullish sentiment with 75% confidence.
Sentiment
Bullish
AI Confidence
75%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Mercuria Energy Group Ltd. has ordered about $500 million of copper for withdrawal from warehouses overseen by the London Metal Exchange, as the trading house positions itself for a global supply crunch fueled by possible US tariffs.
Original article published by
Bloomberg
on December 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.