US Copper Price Spike can lead to severe economic consequences


Electrical engineer, electrical engineering in electrical engineering in electrical engineering, electrical engineer.

Monty Rakusen | Digitalvision | Getty pictures

Copper value for US buyers came out of the missile after President Donald Trump gossip Would apply 50% tariff to metal imports.

This means that already high prices are higher than other places and analysts in the United States As a result, he warned the enterprises and us in a wider economy.

US IMPORTANT only halfway Copper used in products from machinery, electronics and household items to housing and infrastructure projects. Trump’s reporting is an increase in domestic production, but experts say that there will be many years to increase the cost of a prerequisite cost and for decades.

Traders have led to great turns in inventory from Europe and Asia to the presidential announcement of copper duties since February

However, the exchange rate and time is not known – and market participants say that this week’s official messaging is unknown, situations, the potential place and white-house SWIFT policy for negotiations. Trading Secretary Howard Lutnick Spoke to CNBC Tuesday, the tasks will probably be implemented in the end of July, perhaps August “

US Cooper prices are more than 13% in the session of Tuesdays – a $ 5.69 record for the most acute single daily earnings – pound. The London Metal Exchange (LME), global criterion, prices increased by only 0.3%.

The United States is a reflection of an unusual extensive reward that develops between copper and metal.

Although US prices remain larger stocks, greater reserves than gaps US Komex futures In LME, it ranged from $ 500 to $ 1,500, because Trump declared a probe in Copper in February. Historically, this ratio was zero and was $ 150 in 2024.

Prices in the Shanghai Metals Market, meanwhile it was like those in LME.

On Tuesday, the COMEX-LME Price Award increased by 138%, according to mineral exploration of the London-based agency, over $ 2,600, rose over a ton.

Chart visualization

Until August, US consumers could pay about $ 15,000 per metric tone for copper, and the rest of the world takes effect in the early month’s degree.

According to the CNBC, this huge incompatibility will begin to have a great economic impact, Daan de Jonge, the evaluation of the evaluation for copper requirements and prices, told CNBC.

“It is expected to spend a new refrigerator, air conditioning, car, car, and everything will be more expensive, and companies will report it. Depending on the latest preliminary tariff rates, US consumers can refuse to buy goods cheaper abroad due to this impact.

“If we look at the public investment, the debt of the United States is more expensive and decreases, and now you are gaining great raw value of infrastructure investments … I expect to show the effects of employment.”

Trump Expands Trading War: Who will pay for it?

Another side impact, in some cases, even if it is more severe and more expensive to last longer and more expensive, in some cases, the cheaper aluminum of projects can be used in cheaper and more expensive and more expensive and more expensive, said De Jonge will be more expensive.

“All this is definitely the destruction of the demand is included in the range of risk.”

‘Water Basin’

The great value of the opening of domestic production, mining projects and new devices, many expenditures are higher than the current market dynamics in the future.

“The question is that the American can replace imported products with local produced products and how soon?” The German Marshall Foundation said in Squawk Box Europe on Wednesday, Squawk Box Europe on Wednesday. The main sources of the United States are included in Chile, Canada, Peru and Mexico.

“There is a reality that has to make a reality and the price of copper is passing through the roof tomorrow in the United States.”

Chase will feel the immediate impact of US consumers and jobs and will likely strike the establishments of the United States AI infrastructure.

Analysts at Citi, this time, on Tuesday, 2025 was not a moment of water water for the copper market. “

“The application of a discounted flag, for the most important copper transportation of the United States (perhaps for the rest of 2025), because it said that this would cause a recollection of the former US.

However, the COMEX-LME Award, both the latest inventory structure of the United States, but also the most likely rate of the US copper exporters, the COMEX-LME Award is a full 50% tariff.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *