Trade The World
Comex Copper prices plunge on tariff details – ING
Von FXStreet Insights Team
Veröffentlichungsdatum: 31 Jul 2025 | Änderungsdatum: 31 Jul 2025
POPULAR ARTICLES
Comex Copper prices are under significant pressure, falling almost 19% after the White House provided further details on Copper tariffs set to take effect on 1 August, ING's commodity experts Ewa Manthey and Warren Patterson note.
Comex Copper prices are under significant pressure, falling almost 19% after the White House provided further details on Copper tariffs set to take effect on 1 August, ING's commodity experts Ewa Manthey and Warren Patterson note.
Risk of tariffs on refined Copper at a later stage
"The 50% tariff will only apply to semi-finished Copper products; refined and concentrate imports will be excluded. Until the announcement, Copper prices in the US had been trading at a 28% premium over the LME price, with the market front-running expected tariffs."
"However, the strong flow of refined Copper into the US will come to an end with the Comex-LME arb collapsing. However, there is still the risk of tariffs on refined Copper at a later stage, with the US Secretary of Commerce recommending a phased universal tariff on refined Copper of 15% in 2027 and 30% in 2028."
FXStreet
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Read More
