The copper market is facing a severe supply squeeze:
The LME’s front-month copper spread surged to a $370 per ton premium on Friday, the widest one-month spread since the 2021 supply squeeze.
This means traders are paying a historic premium for copper available in the near term versus delivery a month later, signaling that physical supply is extremely tight.
At the same time, the widely followed cash-to-three-month spread rose to $434 per ton, also the highest since 2021, prompting the LME to tighten its market controls.
This comes as LME copper stockpiles have fallen for 42 consecutive days, the longest streak since 2014, to 204,975 tons, with nearly half of the remaining metal already scheduled for withdrawal.
All while traders and producers are redirecting copper to the US, where expectations of tariffs on refined copper are pushing prices above LME levels and creating arbitrage opportunities.
The supply crunch in the copper market is far from over.
⏰ Last call! One hour to go for the Yes Win grand prize reveal! 🎉
👀 Get ready to find out if you're our lucky star! 🌟
👉https://t.co/v0nJLFxnnx
Can't wait to hear you cheering! 😉
#YesWin#GrandPrize#CountdownToVictory
✨$10,000 USDT in KOMA Giveaway, Trade & Invite Your Way to the Top!🎉
♦️Trade KOMA/USDT, share $6,500 USDT in KOMA!
♦️Invite&Win: Invite new users, share $3,500 USDT in KOMA!
1️⃣ RT this tweet
2️⃣ Follow @VanillaFinance & @Komabnb
3️⃣ Tag 3 Frens
Don’t miss this exciting opportunity! 🚀
🔗 https://t.co/e8kRDCafd9
#1 Spot-the-Difference Challenge Results Announced
There were 11 differences between the two images. Did you find them all?
We have sent 500 $tBOL rewards to the Telegram accounts of all users who answered correctly. Congratulations to the following ten lucky participants who won 15 $USDT each!
@KKali84371@oluwaseun96164@ijuwe2@bothunter0 @ojimaojima2853 @BIrokwe4492@Gardiak69@Timilehintobi@TMechanic94@FREEMUS15757889
#2 Christmas Carol Singing & Custom Avatar Design Event
The rewards have been distributed to all the eligible participants. We appreciate everyone who participated in spreading holiday cheer and creativity within our community!
Follow us to stay updated on more exciting events and bigger rewards in the future!
🪂 Bool Network #2 Airdrop Eligibility Check Now Live!
🔈 We are excited to announce that the eligibility check for the #2 airdrop is now available!
✔️ Check Your Eligibility:
Telegram Users: Check through https://t.co/UYK4zYeifR.
On-chain Users: Visit https://t.co/r06kNN0Lx5 to check your eligibility.
🆕 Important Updates:
- Enhanced Anti-Sybil algorithms: We've optimized our anti-sybil algorithms based on #1 airdrop data to better protect legitimate users' interests.
- Consolidated Rewards: Your BPP allocation reflects the combined total from both #1 and #2 participation.
❗️ Notice: BPP is your share of staked tokens on the nodes, which will enable you to earn mining revenue rights in $BOL tokens.
🤝 Appreciate our community for your continued support and participation in building Bool Network's future. Together, we're creating a more secure and efficient blockchain ecosystem.
📢 DHC Node Upgrade Notice
The latest on-chain version, version 36, corresponding to image v0.12.17. All nodes must be updated by January 7th.
Key Optimizations:
1⃣ Optimized monitor status checks.
2⃣ Fixed potential bugs.
3⃣ Improved code to enhance parallel efficiency.
Check and upgrade NOW to ensure the operation!
🎉 Happy New Year 2025 from Bool Network!
As we step into 2025, the Bool Network team extends our heartfelt gratitude and best wishes to our incredible community. Over the past year, your unwavering support has been the driving force behind our growth and achievements.
In the new year, we envision a thriving Bool ecosystem where innovation meets inclusivity. Together, let’s continue to push the boundaries of decentralized finance, unlock Bitcoin’s true potential, and create a future that empowers everyone.
🌟 Here’s to a year of shared success, bold innovation, and endless possibilities.
Wishing you and your loved ones health, happiness, and prosperity in 2025. Let’s make it a year to remember!
With gratitude,
The Bool Network Team
🎄Christmas Meme Mania: Phase 1 Begins! 🎅
This Christmas season just got even merrier! We're thrilled to kick off the first wave of memecoin madness with 30 exciting meme tokens launching today on Vanilla Spot Market on Base and Solana chain! 🎁
Start trading now and join the ultimate memecoin adventure!
https://t.co/boudl7lRkF
This is just the beginning - stay tuned for more phases and even more memes to come 🚀
📣 Exciting News!
PASSPORT TO THE MOON #NFT TESTNET MINT IS LIVE.
We are excited to launch our testnet mint on @tradeportxyz NFT marketplace for our early #MoonMoverz supporters.
START MINT HERE:
https://t.co/qwYLcK5nOA
All holders of this exclusive TESTNET PASSPORT NFT will receive a BOOST AIRDROP of $Moon tokens in mainnet 🔥
To participate;
● Like and Repost
● Tag 3Friends
● Drop the wallet address used in minted TESTNET Passport NFT in comment
This is our way of thanking our early supporters 💪 Get ready to be part of the future of #Play2Earn on @movementlabsxyz Network.
#Movement #NFT #Airdrop #Web3Gaming #AirdropAlert #NFtdrop
❤️🔥 AGENT LAUNCHPAD
Introduces the 1st AI Agent Launchpad under $SETAI ecosystem!
✨ Focus: Smart offerings - Productive - Exclusive
✨ 3 projects in incubation & 1st project reveal on Dec 30, 2024
Very soon, $SETAI holders & early contributors will find first access to IDOs on Agent Launchpad. Stay tuned ❤️🔥
You can get $SETAI on:
📍Ape Terminal: https://t.co/smxmT3sy8t
📍https://t.co/qs43sy5pD7: https://t.co/BRw5kX2Soj
📍Polkastarter: https://t.co/rZ4vSdazIS
📍ChainGPT: https://t.co/GoscbKf51K
📍SuiPad: https://t.co/6BopEhwEnp
📍Turbos Finance: https://t.co/08W6kzbiBW
The race has begun! #SentientAI #AgentLaunchpad
New Characters revealed 📷
Something big is 'bout to DROP! 📷 Prepare yourself to discover:
📷BRAND NEW sets of BIRDS!
📷Bunch of adventurous mounts!
Wen drop? Stay around and figure it out 📷
#BIRDS#Sui#GameFi#Memecoin
🎉 What better way to celebrate than by unleashing your $DOGS to the CEX•IO playground? @realDogsHouse
✨ The asset is now live for instant buy, sell, and convert. Deposits and spot trade are coming very soon.