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The Business Brief FRIDAY, 14 AUGUST 2026
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Copper Squeeze Grows as Key LME Spread Hits Highest Since 2021

1 source ·1 article ·4h ago

Spot copper prices are surging above later-dated futures on the London Metal Exchange, in a condition known as backwardation that’s a hallmark of a deepening squeeze on supply.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·4h ago

Copper Squeeze Grows as Key LME Spread Hits Highest Since 2021

Spot copper prices are surging above later-dated futures on the London Metal Exchange, in a condition known as backwardation that’s a hallmark of a deepening squeeze on supply.