Copper Prices Surge Amid U.S. Tariff Expectations and Tight Supply

Copper prices on the London Metal Exchange (LME) have reached a two-week high, surpassing $14,000, driven by expectations of U.S. tariffs and tightening supply. According to Jin10, the price difference between COMEX and LME copper surged by nearly $700 at one point. This significant premium is attracting large quantities of copper to U.S. warehouses.