NewsSignals AI analysis·Reuters·
LME copper stocks in US climb to 12-year high
Grade Bbullish AI signal$HG
Copper inventories in US London Metal Exchange warehouses have surged to a 12-and-a-half-year high of 169,475 metric tons as traders position ahead of possible US import tariffs.
US warehouses now hold around 62% of all LME copper stocks, while COMEX inventories have risen for 23 consecutive days to a record 794,450 short tons; proposed tariffs could reach 15% in 2027 and 30% in 2028, pending a final decision.
Continued inventory accumulation could signal further market dislocations ahead of potential tariffs, while the final US decision may shape copper flows and pricing.
Bullish strength: 55/100
- US LME copper inventories have reached their highest level in 12-and-a-half years.
- Proposed import tariffs could alter copper supply flows and market pricing.
Bearish strength: 45/100
- COMEX copper inventories have climbed for 23 consecutive days to a record.
- The proposed tariffs have not been confirmed, leaving uncertainty over future trade flows.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.