Copper Backwardation Collapses After 20,000 Tons Hit LME Warehouses

Copper Backwardation Collapses After 20,000 Tons Hit LME Warehouses →

Trafigura Group and several other traders delivered more than 20,000 tons of copper into LME warehouses on Tuesday, the biggest one-day build in on-warrant stock since April, and the squeeze that had gripped the London market for the past w…