Copper prices rise toward $14,000 per tonne in London, reaching their highest level in about two months as market participants track changing supply conditions and growing metal activity in the United States. Bloomberg reports copper moves toward the $14,000 mark, citing tightening flows to the US and increased trading volumes there as traders look ahead to a decision on import tariffs expected from President Donald Trump. Moneyweb likewise describes copper gaining to $13,938 per tonne by mid-afternoon Shanghai time, up about 0.5%. Financial Post echoes the same core developments, saying copper is approaching $14,000 in London and that traders monitor ballooning US volumes ahead of the anticipated tariff call. In addition, Moneyweb notes broad strength across major commodities tracked by the London Metal Exchange, with all six main metals posting gains. Across the reports, the common drivers are the approach to the psychological $14,000 level, a recent two-month high, and market expectations around potential tariff impacts linked to US import policy.
Copper nears $14,000 as US supply flows tighten ahead of tariff decision
Copper prices rise toward $14,000 per tonne in London, reaching their highest level in about two months as market participants track changing supply conditions and growing metal activity in the United...
- Copper is trading near $14,000 per tonne and reaches its highest level in about two months.
- By mid-afternoon Shanghai time, copper is reported around $13,938 per tonne, up about 0.5%.
- Traders focus on tighter flows to the United States and higher volumes being seen in the US market.
- All six LME main metals are reported to be gaining at the time of the update.
- Market participants are awaiting a decision on import tariffs by President Donald Trump.
Copper advanced to the highest in two months, nearing $14,000 a ton in London, as traders monitored ballooning volumes held in the US ahead of an expected decision on an import tariff by President Donald Trump.
3 hours agoCopper rose 0.5% to $13 938 a ton at 2:17 p.m. Shanghai time, as all six of the LME’s main metals recorded gains.
3 hours agoCopper advanced to the highest in two months, approaching $14,000 a ton in London as traders monitored ballooning volumes of the metal in the US ahead of a decision on import tariffs by President Donald Trump.
5 hours ago
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