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Copper prices linger near multi-month highs on supply crunch, US tariff jitters
Copper on the London Metal Exchange and the Shanghai Futures Exchange held near the highest levels since late March, driven by concerns over tight regional supply and increased shipments to the US as traders rush to beat potential import tariffs. Three-month copper on the LME was flat at $10,005 per metric ton, as of 0103 GMT, but hovered near its highest point since March 26. The most-traded copper contract on the SHFE gained 0.27% to 80,840 yuan ($11,285.77), its strongest level since March 27. “The United States is busy with trade talks with its major trade partners, and may deal with copper import tariff later, ... (full story)