Copper prices are soaring on Thursday, bolstered by a broad improvement in risk sentiment, a weaker US Dollar and falling global copper inventories. News of Trump’s investigation in copper imports has seen a flood of copper being rushed into the US ahead of expected tariffs. Industry data shows around 400 kilotons has been brought in since February, far above typical levels, putting a strain on inventories in other countries. On the LME, copper inventories have plunged by more than 60% over the year so far, reflecting the impact of the shift from US importers. On the risk front, commodities have turned broadly higher ... (full story)