[contentcards url=”https://www.zerohedge.com/markets/greatest-tightening-shock-market-has-ever-seen-chinese-copper-stocks-run-out-weeks”]
By Tyler Durden
Not too long ago, we reported that China was stockpiling virtually every form of commodity known to man, from corn to crude and corn… and especially copper: according to a JPMorgan report in early 2022, China held an estimated 84% of all global copper. Fast forward three years, when Geneva-based commodities trading giant Mercuria now predicts that China’s copper stockpiles are on track to dwindle to nothing in just a few months – if not weeks – as the market suffers “one of the greatest tightening shocks” in its history,…
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Read Full Article Here…(zerohedge.com)
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