Citi Says Until Tariffs on Copper Is Confirmed It Sees the Comex-Lme 1-Yr Forward Premium Moving to Price an Effective 15-20% Rate

Citi Says Earlier Duties on Copper Imports Can Also Emerge via Reciprocal Tariffs (2Q’25 in Its Base Case)

U.S. Natural Gas Futures Extend Losses, Prices Down by 5% on Record Output, Mild Weather and Contract Expiration Volatility