Copper prices supported by by expectations of a tighter global supply | Forexlive

Westpac with the analysis. In brief:

  • copper prices supported by by expectations of a tighter global supply
  • U.S. copper premiums have jumped to 14% above London Metal Exchange prices, driven by the potential for 25% tariffs on the metal later this year
  • has triggered a rush of copper shipments to the U.S.
  • could result in supply shortages elsewhere in the global market

This article was written by Eamonn Sheridan at www.forexlive.com.

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