According to UBS, copper imports to the US will decline sharply in the coming months due to the accumulation of excess inventories prior to the implementation of 50% tariffs on August 1.
Today at 10:38 AM
Copper
Copper
9634
USD
-35
·
-0.36%
Prev. Close
Open
9666
9669
Day’s Range
1-Year Range
9568 - 9683
8480 - 10120
Day’s volatility
1-Year Change
1.19%
-1.62%
Indicators
Chart
News Copper
An increase of the indicator value may contribute to the rise in quotes of Copper.
11 July
Research agency BMI expects copper production to increase by 2.5% year-on-year by the end of 2025. According to the company's experts, this growth will occur due to production recovery in Chile and expanded mining operations at the Oyu Tolgoi deposit in Mongolia.
11 July
US tariff on copper may put pressure on American producers — Bloomberg
The 50% tariff on copper imposed by the United States, which takes effect on August 1, may negatively affect American buyers of the metal. Imposing duties on foreign copper purchases could increase production costs and undermine the international competitiveness of domestic manufacturers.
11 July
Chile and Mexico consider alternative copper markets as US tariffs loom
The US has announced a 50% tariff on copper imports, pushing Chile and Mexico, its top suppliers of the metal, to seek new buyers.
10 July
Event announcement Copper
The USD publication is expected
CPI (YoY)
Current value
2.4%
+0.1%00
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