Commodities
Copper Prices Stabilize Amid Supply Concerns, Tariff Fears
London copper futures have continued to hover above $14,200 per metric ton despite trading roughly flat on Thursday. This stability can be attributed to ongoing supply issues that persist in the market.
The situation is further complicated by renewed tensions between the US and Iran, which may impact energy prices and, subsequently, metals demand.
ANZ has predicted a potential record for copper prices due to these concerns.