Trade The World
Comex Copper prices plunge on tariff details – ING
Di FXStreet Insights Team
Data di Pubblicazione: 31 Jul 2025 | Data di Modifica: 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
Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Read More
