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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 ...
LONDON: US copper prices stabilised on Friday after the biggest one-day decline on record the previous day as the market ...
3don MSN
Trump issues blitz of tariff announcements on copper, Brazil, South Korea, small-value imports
U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened ...
Capital Market on MSN1d
COMEX Copper attempts to stablize around four-month low
COMEX 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 ...
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