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Commodities

Copper Prices Soar on Record US Imports

Guavy AI Editorial Team
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Copper
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Copper prices are on the rise, up by 1.81% to $6.659 due to record high US copper imports.

The surge in inventory building is driving immediate demand for physical copper in the US, heightening supply chain activity and tightening market balances.

As buyers stockpile ahead of a potential tariff decision by President Donald Trump, the anticipation of new trade restrictions amplifies forward demand and supports copper's recent momentum.

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