According to TechFlow TechFlow, on December 5th, 50,000 tons of copper were emptied in one go, severely impacting London Metal Exchange (LME) inventories. Commodity giant Mercuria withdrew over 40,000-50,000 tons of copper from LME Asian warehouses to hedge against the risks of Trump's tariffs, representing about one-third of its total inventory. This drove copper prices close to $11,500 per ton, with spot prices significantly higher than March futures, fueling market expectations of a short squeeze.
BiyaPay analysts stated that if the US continues to "drain" global supply through tariffs and key mineral policies, non-US regions may face a more severe shortage of electrolytic copper in the first quarter of next year, with high costs further passed on to the manufacturing and new energy sectors. For ordinary investors, BiyaPay allows them to use USDT to participate in the investment of copper mining and resource stocks in the US, Hong Kong, and futures markets. They can also utilize zero-fee cryptocurrency spot and contract tools for swing trading, but should be wary of both policy and price fluctuations, and control leverage and position size.
