China’s preliminary trade data for metals, released yesterday, showed imports of unwrought Copper fell 1.4% YoY to 467kt in March, ING’s commodity experts Ewa Manthey and...
US President Donald Trump said in a Newsmax interview on Wednesday that he “plans to implement copper import tariffs within weeks,” per Bloomberg. Additional quotes Not...
COMEX Copper futures surged after President Trump ordered an investigation into Copper imports on national security concerns, paving the way for tariffs down the road, ING’s...
LME Copper broke out from a base in the form of an Inverse Head and Shoulders pattern recently and marched towards 9530, BBH’s FX analysts report....
In May, Copper supply exceeded demand by 65 thousand tons, with the ICSG reporting a supply surplus of 416 thousand tons for the first five months....
Base metal prices remained under pressure this week: the Copper price slipped below $9,400 per ton yesterday. After all, market participants had to face some price-dampening...
The gathering of top Chinese party officials amid the Third Plenum has kept base metals from weakening further, as traders await for signs of additional stimulus to turn...
Base metals have held strong as stimulus optimism gets baked in, however there’s an increasing level of bearishness on the ground in China, TDS com Base...
Price action in the base metal complex is staving off Commodity Trading Advisor (CTA) selling pressure in Copper, however the higher selling trigger, now at $9,350/t,...
Our gauge of commodity demand continues to weaken amid a precarious global macro landscape, TD Securities analysts note. Base metal complex shifts lower “Our return decomposition...
Optimism around potential new Chinese stimulus to be announced at the July third plenum is helping industrial metal prices find some support after the recent bout...
The industrial metals continue to slide into the end of the week, analysts at TD Securities say. Market unwinds its long positions on industrial metals “With...
Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted. Copper faces a moderate sell-off “Reports that Chinese fabricator demand for...