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Nearly 70% of Exchange Copper Inventories Are in the United States

United States
First seen: Aug 19, 2026, 12:16 AM UTCUpdated: Aug 19, 2026, 12:16 AM UTC

Saxo's Hansen says nearly 70% of exchange-held copper is located in the United States, with some potentially becoming “stranded.”

The concentration and possible inaccessibility of copper inventories could contribute to regional supply imbalances and affect the global copper market.

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