Copper Shipments Rise as Metal Hits Record Highs

From etftrends.com

Copper continues to soar to greater heights. But supply concerns are increasing the flow of shipments to the U.S. on fears potential tariffs could push prices even higher. “Between 100,000 and 150,000 metric tons of refined copper is expected to arrive in the US in the coming [weeks. That’s] according to four people surveyed by Bloomberg with direct knowledge of some of the shipments,” Mining.com reported. “If the full volume arrives within the same month, it would surpass the all-time record of 136,951 tons set in January 2022.” There are market headwinds like inflation and market uncertainty. But supply ... (full story)