"Traders on the LME are holding their biggest net short position...

"Traders on the LME are holding their biggest net short position on copper futures since 2015"
mmmmmm I know which side of the trade I'd rather be on.
Cu back over 4 $/lb very soon IMO
It bounced in 2016 and there is way too much demand from electrification projects in the global economy for the shorts to win this arm wrestle.
I wonder if LME will get away with using white out to erase a days trade when the copper shorters are squeezed just like LME did with the Nickel short. (Big Shot still hasn't unwound those positions either) and LME has some law suits piling up.