Copper and Zinc Squeeze the Short Hedgers Paying for It

Copper and zinc prices are both climbing on the same squeeze, falling LME inventories, tight concentrate markets and record backwardation. StoneX Head of Base Metals Trading Giles Plumb and StoneX Base Metals Sales and Trading specialist Calvin D'Andrea join Senior Metals Analyst Natalie Scott-Gray to explain what is moving each metal. Copper sits under unresolved Section 232 tariff policy, more than 1.2 million tonnes of metal drawn onshore in the United States, and speculative money arriving through the artificial intelligence trade. Zinc is a physical story, with spot availability outside China thin and stock slow to move. Discover Actionable Metals Insights with StoneX Market Intelligence: https://shop.stonex.com/products/stonex-essential-bundle?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_natalie_scott_gray&utm_content=share 00:00 - Copper and Zinc Pull Ahead 02:14 - Volatility Keeps Traders Up 03:44 - Copper Trades Into Thin Air 05:55 - Section 232 Holds the Cards 07:50 - China's Demand Season Opens 08:54 - AI Money Lands in the Basket 09:56 - Zinc's Spot Squeeze Bites 12:14 -Where the Two Metals Split Like and subscribe for more financial market insights. #Copper #Zinc #StoneX #GilesPlumb #CalvinDAndrea #NatalieScottGray