Commodity companies are full of $ 300 million from US copper tariff trade

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Tariffs on Traffigura, Mercuria, Glencore and IXM, can earn more than $ 300 million after a record amount of copper.

Commodity traders are at the beginning of a small trend with a large number of copper with an expanding price gap with an international benchmark.

The US Copper Prices said President Donald Trump’s announcement of President Donald Trump’s largest number of most large quantities of the United States, the United States will be twice august 1.

Now LME ‘Punt, LME price is about 28 percent higher than the exchange of metal metal in the essence of shipping and purchases in the US COMEX price and the US most affordable metals.

Doubting the effects of analysts, copper tariffs will have US producers, and commodity trade companies appeared as clean corporate winners.

This year, after being sent to large quantities, a large copper, this year has increased a large trade after being sent to large quantities for opening the opportunity to arbitrage.

According to Traffigura, Mercuria, Glencore and IXM, market insiders, in November, since the election, the normal demand brought “excessive” copper.

“Moon before, copper traders in the world, Trump’s tariff area for the markets, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, Tom price, tom price, tom price, tom price Price, Tom price, Tom price, Analytical in Panmure Liberum.

“Because the metal has been sent to the United States, you have dried the rest of the world’s copper market,” a trader.

Depending on the incident structure, conservative envelope calculation shows that 600,000 tons of four companies will win 312 mlnes.

Since February, the average differential between the LME and COMEX prices, the United States earns about $ 500 worth of $ 500 worth of $ 500 per ton of $ 500 worth of $ 500 and earns about $ 520 for market participants.

Trafigura, the largest copper supplier in the United States normally brought about 200,000 tons according to market participants. Meanwhile, Switzerland-based Mercury will approach 200,000 tons by the end of the month for people with knowledge of the issue.

Glencore, which produces its copper, as well as the metal trading, increased by 100,000 to 200,000 tons, and the IXM brought more than 50,000 tons.

Only the latest commodity market of copper reserves in the United States, only the most recent commodity market, the Trump’s tariff policy has created, after gold and aluminum, was followed by similar setups.

One of the most vocal lawyers in the opportunity to trade was Mercuria, which has expanded the metal in the last two years.

Mercuria’s Mercuria head Costas Bintas, the financial time in March “Copper today is passing through one of the most exceptional periods in today’s history to enter the US market,” he said.

Refried to comment on Traffigura, Glencore, Mercuria and IXM.

Keith Fray and Clara additional report by Murray