Overnight LME copper plunged nearly 2.8%, with bears increasing their positions; the pullback in copper prices stimulated rigid demand, and spot discounts narrowed [SMM Copper Morning Meeting Summary]

Monday, June 8, 2026
Futures market: Last Friday night, LME copper opened at $13,788/mt, hitting a high of $13,803/mt in early trading before the price center continuously moved lower, dipping to $13,499.5/mt near the close and finally sett
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