In order to prevent copper from being completely used up, the London Metal Exchange (LME) is considering whether to limit the amount of copper which is withdrawn by traders from the warehouses. This move will be a big transformation in the 144-year-old LME.

Trafigura Group, the largest copper trader in the world, has withdrawn a large amount of LME copper inventory recently for delivery to customers in Asia and Europe.

LME CEO Matthew Chamberlain said that the strong demand for copper has triggered concerns in the market on the possible exhaustion of copper inventory, while the LME will also mull further action on this issue.