Copper Hits New High: More Rally Ahead With Arbitrage Opportunities?

Due to market expectations that Trump may impose a 25% import tariff on copper, New York copper futures hit a record high on Tuesday, with an intraday increase of 2%, surpassing $5.20 per pound. Since January this year, New York copper prices have exceeded London copper prices, creating an unprecedented price gap, leading to a surge in arbitrage opportunities. Would you trade copper-related ETFs? Do you see copper prices soaring like gold? Which other commodities might be affected by Trump tariffs?

avatarLleyZ
03-26
$Copper - main 2505(HGmain)$  🚨 Key Highlights: • Record Highs: New York copper futures surged to a record high, hitting over $5.20 per pound, driven by market expectations of a 25% import tariff on copper under the Trump administration. • Arbitrage Opportunities: For the first time, New York copper prices have surpassed London prices, creating an unprecedented price gap, fueling arbitrage opportunities for traders. 📈 Copper Outlook: The surge in copper prices is being driven by multiple factors: 1. Tariffs & Trade War: If Trump imposes tariffs on copper, the supply chain disruption could cause further price increases. The limited supply of copper, especially in key global markets, could continue to push pric
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avatarHiddenDragon
03-26
$Copper - main 2505(HGmain)$  i sold at 5 but think it may revisit ath
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avatarBarcode
03-26
$Southern Copper Corp(SCCO)$ $Freeport-McMoRan(FCX)$ $BHP GROUP LTD(BHP.AU)$ $Copper 2505(HGmain)$  🚨🔥🪙 Copper Shockwave or Red-Hot Mirage? 🪙🔥🚨 Hey Tigers! Have you noticed what’s happening with copper? COMEX copper prices just soared to a record high of $5.321879 per pound, spiking 1.33% in a single day. It’s got my attention, especially since this surge ties into talks of Trump’s potential copper import tariffs hitting in the next few weeks. I’m intrigued by how this could shake things up, so let’s dive into what it might mean for some of the top volume traded copper stocks, like Southern Copper Corporation (
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avatarMrzorro
03-16
Will the Mining Industry Bloom Under Trump? How Investors Can Get Ahead Donald Trump's return to the White House has put U.S. mining in the spotlight. His "Unleashing American Energy" executive order, signed on day one, aims to boost domestic mineral production, igniting investor interest. Is this a golden moment for mining stocks? Opportunities beckon, but uncertainties remain—here's how to navigate the terrain. Trump's Mining Playbook: Policy Signals Take Shape Trump is pushing to revive American mining. On March 12, a 25% tariff hit all imported steel and aluminum, from raw materials to auto parts, to bolster local producers. His "Addressing the Threat of Copper Imports" order highlights copper and rare earths as strategic priorities, with plans to expand domestic output. The U.S. is ri
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