Companies in the U.S. stock market with core businesses deeply linked to the copper industry chain.
Commodity Roundup: Copper Prices Top $10,000 Ahead of Trump's Potential Tariffs
After breaking 0.01 million dollars, how much longer can the price of Copper continue to rise.
Morgan Stanley believes that although the current supply fundamentals of Copper are solid, the rise in speculative positions and tightening term spreads may exacerbate market volatility. Additionally, any changes in tariff policies could lead to market reversals.
Is there a crazy rush before Trump's tariffs? A large amount of Copper is about to "flood" the USA ports...
According to four insiders familiar with the shipping situation, it is expected that 0.1 million to -0.15 million tons of refined Copper will arrive in the USA in the coming weeks; if they all arrive in the same month, it is expected to exceed the historical maximum import record of 136,951 tons set in January 2022.
"After the 'gold rush', the USA fiercely 'rushes for copper', causing copper prices to rise sharply, with LME copper futures exceeding 0.01 million dollars."
Under the threat of tariffs, USA importers are hoarding Copper, causing the price of COMEX copper and the premium on LME to rise to over 1,200 USD per ton, approaching the historical high set in mid-February. Analysis suggests that this premium is reshaping the Global Copper trade pattern, with Asia potentially facing supply shortages, and this chaotic situation is supporting the rise in Copper prices in the short term.
Express News | FOMC Projects Lower GDP and Uncertainty, No Rate Change
Record Copper Shipments Bound for U.S. Ahead of Likely Trump Tariffs - Bloomberg
TWIMO (151403908) : BHP has disappointed since I sold in October last year…. Wondering what’s going on…
Michael McCarthy CEO OP TWIMO (151403908) : Yes - your timing looks good! The boost from the PBoC's policy announcements was significant, but pressure on iron ore prices since isn't helping. Where would you buy back in?
TWIMO (151403908) Michael McCarthy CEO OP : I was lucky to exit. Bought it because I wanted to enjoy the dividend. Excited because BAT was more attractive, another lucky one. Might reconsider BHP if it rise above the 150 moving average.
Didn't realised iron ore price was directly impacting stock price until I bought Fortescue. Not so lucky and under water