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Will the Mining Industry Bloom Under Trump? How Investors Can Get Ahead
Will Copper prices break ten thousand? Before the tariffs, there is a rush to import, and the trend of stockpiling in the USA may trigger a global copper inventory crisis.
Citibank stated that within the next three months, copper prices will break through the $0.01 million per ton mark, and the global copper market will remain tight until the USA's import tariff policy becomes clear. Goldman Sachs indicated that by the end of the third quarter, the rise in copper prices will cause USA copper stocks to surge from the current 0.095 million tons to at least 0.3 million to 0.4 million tons, accounting for 45-60% of the global reported inventory, while copper stocks in Other regions will be very low.
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