Copper Holds Loss as Deliveries to LME Mitigate Supply Crunch
Published: 2026-08-21
Markets Commodities Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Annie Lee August 19, 2026 at 3:07 AM UTC Copper held the biggest loss in more than three weeks after traders made significant deliveries of the metal to London Metal Exchange warehouses, easing a historic squeeze. Readily available copper inventories tracked by the LME jumped the most since April, adding more than 20,000 tons on Tuesday. Trafigura Group was behind a significant share of the metal, Bloomberg News reported, while other traders were also arranging to bring copper onto the exchange.
Originally sourced from Bloomberg