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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.
Copper futures tumbled after the Trump administration imposed tariffs on copper imports but carved out an exemption for ...
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 ...
U.S. copper futures ended Thursday down more than 22%, by far their [largest single-day drop on record]( ...
Copper miners remain bullish on the metal's future prospects even as a looming 50% U.S. tariff creates short-term price ...
Copper (HG1:COM) futures moved up on Monday as Chile’s mining giant Codelco dealt with the fallout from a fatal accident at ...
Copper recouped some losses, but remained lower on week after President Trump’s surprise decision to exempt refined forms of the metal from fresh U.S. import tariffs. Gold futures rose as weaker U.S.
LME copper futures experienced significantly smaller declines during the same period, leaving long positions intact but ...
Copper (HG1:COM) futures extended their decline on Thursday, easing across major exchanges after President Donald Trump ...
Nearby COMEX copper futures in late July rose to a new record high of $5.8950 a pound. Last week the bottom fell out of the ...
Copper futures climbed 0.16% to Rs 885.65/kg on MCX due to increased spot demand. September contracts saw growth. Analysts cite higher bets.
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