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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 ...
US tariffs cause copper prices to plunge, while gold rebounds. Impact on global commodity markets, including crude oil, ...
Commodity prices witnessed sharp swings last week, with base metal copper dropping nearly 2 per cent while gold gained over 1 ...
US President Donald Trump's decision to exclude refined metal from his proposed import tariff led to an immediate and ...
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COMEX Copper attempts to stablize around four-month lowCOMEX Copper found some stability today after maddening moves earlier this week. The metal was hit hard on tariff play that tricked the traders and lead to a record fall in the ...
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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