Copper Market Giants to Stop Copper From Getting Stuck Storage Facilities

Reuters reported that copper market giants worldwide are drafting proposals to stop copper from getting stuck storage facilities.

As quoted in the market news:

Clients of the exchange – the world’s biggest marketplace for industrial metals – wait in queues to collect the metal, all the while paying rent to warehouses. The warehouse operators blame logistical bottlenecks for delays but critics say it is a tactic to increase rental income.

Click here to read the full Reuters report.