---
title: "Copper's Physical Tightness Is Overpowering Macro Uncertainty"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293481696.md"
description: "Authored by Michael Ball, Bloomberg macro strategist,Copper’s physical tightness will continue to outweigh macro uncertainty, with Chinese and LME inventories shrinking and US tariff policy hanging over the market."
datetime: "2026-07-22T13:35:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293481696.md)
  - [en](https://longbridge.com/en/news/293481696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293481696.md)
---

# Copper's Physical Tightness Is Overpowering Macro Uncertainty

_Authored by Michael Ball, Bloomberg macro strategist,_

Copper’s physical tightness will continue to outweigh macro uncertainty, with Chinese and LME inventories shrinking and US tariff policy hanging over the market.

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