Trafigura has aggressively bought spot copper in Asia over the past two weeks, targeting large volumes for November and December delivery. Regional supply tightness and the firm's willingness to pay above competitors have driven Asian spot copper pre

2026-11-07

Trafigura has aggressively bought spot copper in Asia over the past two weeks, targeting large volumes for November and December delivery. Regional supply tightness and the firm's willingness to pay above competitors have driven Asian spot copper premiums to record highs as it bid for metal from multiple Asian producers and traders.