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Copper prices supported by by expectations of a tighter global supply
copper
Westpac with the analysis. In brief:
- copper prices supported by by expectations of a tighter global supply
- U.S. copper premiums have jumped to 14% above London Metal Exchange prices, driven by the potential for 25% tariffs on the metal later this year
- has triggered a rush of copper shipments to the U.S.
- could result in supply shortages elsewhere in the global market

Source: Forex Live