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

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

Copper Nears Record High As Shanghai Inventories Tumble, Fueling Scarcity Fears 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. Three-month futures on the London Metal Exchange ros…