Copper hits fresh record of $14,802.50 a ton, driven by tight global supplies and U.S. tariff expectations
The surge comes as tight supplies outside the U.S. outweigh concerns over Middle East tensions and slowing growth. LME copper has surged about 25% since March, partly due to large metal flows into the U.S. ahead of potential tariffs. Some analysts anticipate prices could soon reach $15,000, though oil above $100 remains a key risk to global demand.
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Source:X@DeItaone · Source Link
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