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The vicious squeeze on the Chicago Mercantile Exchange (CME) copper contract appears to have largely passed, but fund managers are sticking with their bullish convictions on both US and London markets. ....
The copper rally turned ugly this week, morphing into a ferocious short squeeze on the U.S. contract operated by CME Group. CME cash copper hit a record high of $5.1775 a lb, or $11,414. ....
Ferocious CME copper squeeze presages future turbulence | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Copper prices hit a record, breaking $5 per pound for the first time freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.