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Copper edges up as stronger yuan offsets tariff uncertainty
Copper prices rose on Wednesday as a stronger yuan currency in top metals consumer China and weak dollar offset uncertainty about global trade tensions. Three-month copper on the London Metal Exchange was up 0.2% at $9,951 a metric ton by 1025 GMT. The metal, used in power and construction, started the second half of 2025 by testing the key psychological mark of $10,000 for the first time in three months on Tuesday as strong manufacturing data in top consumer China improved sentiment. This spike was also due to a persisting premium in U.S. copper futures amid expectations that copper would eventually be subject to ... (full story)
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- Jul 2, 2025 10:40am Posted byFundamental Analysis289
