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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.
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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 ...
London copper rose on Monday, helped by a softer dollar after weaker-than-expected U.S. jobs data boosted bets for ...
The U.S. tariffs have caused COMEX copper prices to experience extreme price variance over the past months, leading to new ...
US President Donald Trump's decision to exclude refined metal from his proposed import tariff led to an immediate and ...
Commodity prices witnessed sharp swings last week, with base metal copper dropping nearly 2 per cent while gold gained over 1 ...
By Lewis Jackson BEIJING (Reuters) -Benchmark copper prices on the London Metals Exchange rose at the open on Thursday as ...
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 ...
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