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Commodities

Copper and Zinc Price Surge Squeezes Short Hedgers

Guavy AI Editorial Team
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Copper
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Copper and Zinc Squeeze the Short Hedgers Paying for It

The prices of copper and zinc have been on a tear, squeezing short hedgers who are now paying for their bets.

According to StoneX Group Inc., these metals have seen significant gains in recent times, with copper up 10% and zinc up 15% over the past month.

This has left some investors scrambling to cover their shorts, which can be a costly proposition. As prices rise, short hedgers are forced to buy back the metal at the higher price, locking in losses.

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