"It's like an artificial tightness right now in the markets because you have all this material in the U.S., but not enough outside," a strategist told CNBC.

Copper futures (HG=F) tanked as much as 19% on Wednesday after a much-anticipated Trump administration directive to impose 50% tariffs on the industrial metal carved out an exemption for refined ...

Copper prices have come under pressure on a stronger dollar, rising energy prices and the US-Israel war against Iran, according to analysts.

July saw extreme volatility in Comex copper prices, peaking 41.74% above January levels before a 24.56% collapse following tariff exemptions. The White House’s unexpected tariff adjustment removed ...

Copper rose as traders continued to digest President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a deadly mine accident in Chile raised supply ...

CPER is up roughly 28% over the past year, outpacing the S&P 500’s 15.5% gain over the same period, and the structural forces behind that move are only getting louder. United States Copper Index Fund ...

JP Morgan expects the global deficit in refined copper to grow to 160,000 metric tons in 2026 and continues to forecast copper prices averaging around $11,000 per metric ton next year, the bank said ...