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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.
U.S. copper futures ended Thursday down more than 22%, by far their [largest single-day drop on record]( ...
Copper futures are still under pressure, following up Wednesday's near 20% plunge to trade lower still at around $4.35 a pound. The retreat comes after U.S. president Donald Trump said he would put a ...
Copper futures tumbled after the Trump administration imposed tariffs on copper imports but carved out an exemption for ...
Copper futures on the MCX dropped 4% after the US announced a 50% tariff on semi-finished copper imports. The move impacts ...
The U.S. is expected to implement a 50% tariff on copper imports at the end of the week, but what happens next is anyone’s ...
Copper (HG1:COM) futures extended their decline on Thursday, easing across major exchanges after President Donald Trump ...
Copper futures, currently trading at ₹894/kg, has seen an uptick in price in the recent sessions. It bounced off ₹878 in the ...
The president unveiled a 50% tariff on copper products, but not on the raw material itself.
Trump’s 50% tariffs on steel, copper and aluminium go beyond mere economics — they’re a bid to reclaim lost US industries and ...
Commodity prices saw sharp volatility last week as copper fell nearly 2 per cent and gold rose over 1 per cent, following US ...
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