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Traders rushed to stockpile copper before Trump's tariffs. Now they're stuck with a lot of it.
Copper traders were caught flat-footed after refined copper was exempted from Trump's new tariffs. The exemption triggered a 20% drop in copper futures on the COMEX exchange. Traders now face excess inventory, with COMEX stockpiles at a 21-year high.
The U.S. tariffs have caused COMEX copper prices to experience extreme price variance over the past months, leading to new ...
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Base Metals Preview: COMEX copper holds near 4-month lowCOMEX Copper is holding around a four month low at $4.43 per pound in early Asian trades on Monday after highly volatile week led the red metal to settle at $4.44 per pound on ...
US President Donald Trump's decision to exclude refined metal from his proposed import tariff led to an immediate and ...
Copper prices on Comex slumped after Chile’s finance minister said the country will push for an exemption for a planned US ...
The once-mighty premium U.S. copper enjoyed over the global benchmark slid on Thursday as markets clawed back months of gains ...
There was a major selloff after the Trump administration announced its copper tariffs. Economic weakness could send prices ...
Capstone Copper Corp.'s strong execution at Mantoverde and growth projects like Santo Domingo signal long-term value. Click ...
U.S. September Comex copper futures rose 1.1% to $4.4015 per lb, or $9,703.70 a metric ton, by 1006 GMT after plunging by 22% on Thursday ...
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