Trafigura says its canceled copper destined for customers in Asia, Europe

Trafigura has been drawing down stocks of copper from London Metal Exchange warehouses to deliver to customers, mainly in Asia and Europe, amid extremely tight market conditions, the company said.

A spokeswoman for the physical commodities merchant said it had fully communicated this to the LME ahead of canceling warrants.

“Trafigura’s role is to ensure security of supply of commodities...


Andrea Hotter

October 20, 2021

11:32 GMT

New York