Spot Copper Prices Spike on LME as Traders Tussle Over Inventory

Spot copper prices surged above later-dated futures on the London Metal Exchange in a sign that traders may be moving to withdraw large volumes of stock from the bourse’s warehouses.

By Mark Burton · Bloomberg Markets

Spot copper prices surged above later-dated futures on the London Metal Exchange in a sign that traders may be moving to withdraw large volumes of stock from the bourse’s warehouses.