50,000 tons of copper were taken away in one breath! Mercuria seizes goods in advance to cope with US tariff risks.

date
05/12/2025
According to the Wise Finance APP, the global commodity trading giant Mercuria Energy Group Ltd. is accelerating the hoarding of copper to cope with the potential global supply shortage caused by potential US tariffs. Informed sources revealed that the company has applied to withdraw about 50,000 tons of copper from warehouses regulated by the London Metal Exchange (LME), marking the largest withdrawal in over a decade, and directly driving copper prices to a historical high of $11,500 per ton.