Introduction Copper : This week, copper prices faced a critical test as the market reacted to tight global supply, weak Chinese demand, and technical exhaustion near resistance zones. Despite a fundamentally supportive backdropincluding falling LME inventories and strong long-term demand trends prices retreated, highlighting the impact of short-term pressures and
Global supply squeeze + tariff fears + green energy demand create perfect storm Copper Prices Are Heating Up Fast, Above $10,000/Ton Mark As Traders Brace For Potential U.S. Tariffs. The Combination Of A Looming Policy Deadline, Falling Inventories, And Robust Demand From Green Technologies Has Set The Stage For A
The global copper market is undergoing a massive transformation as China rapidly increases its reliance on off-exchange refined copper imports from the Democratic Republic of Congo (DRC). With a booming economy and an insatiable hunger for raw materials, China is making bold moves to secure its copper supply, shaking up
Copper prices are making waves, and if you’re in the game—whether as a trader, investor, or industry player—you know this is a market you can’t ignore. But what’s really driving this surge? And more importantly, where do we go from here? What’s driving this rally? A mix of geopolitical tensions,
Market Overview (Copper) US tariffs are taxes or duties placed on imported goods, which can significantly affect various markets, including commodities like copper. Copper is widely used in industries such as construction, electronics, and manufacturing. As one of the most traded metals globally, any changes to its import tariffs can
In an effort to boost U.S. domestic production and safeguard national security, President Trump has launched an investigation into the possibility of imposing tariff on copper imports. This move, initiated under Section 232 of the Trade Expansion Act of 1962, aims to protect American copper companies from foreign competition, particularly
Copper price have recently displayed a significant decline, particularly on Friday, as they failed to close above the critical 870 resistance level. This failure suggests that copper’s momentum may be slowing down, and the broader bullish trend might face some hurdles in the short term. Given that copper couldn’t close
Overview: Recently, copper price have seen a sharp rise, hitting higher highs that have grabbed the attention of market watchers. This price surge is influenced by a mix of trade policy changes, geopolitical concerns, supply chain issues, and growing demand. Copper, being a crucial component for industries like construction, renewable
