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Why are Copper inventories at record high?
Global copper inventories hit record highs despite mine supply disruptions. Weak Chinese demand continued driving copper stockpile accumulation globally. Metal Intelligence Centre: As of 26 May 2026, combined copper inventories across the three major exchanges -the London Metal Exchange (LME), COMEX, and the Shanghai Futures Exchange (SHFE) – reached 12,76,355 mt, marking the highest ever…