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The Atlantic separates copper prices. In London up, New York down

2025-08-01 09:33

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2025-08-01 09:33

Copper quotations on the LME metal exchange in London are slightly growing, but on the Comex metal exchange in New York they continue their declines, although on a much smaller scale than on Thursday – the brokers inform.

The Atlantic separates copper prices. In London up, New York down
The Atlantic separates copper prices. In London up, New York down
photo: Aksenenko Olga / / Shutterstock

Copper in 3-month supply at LME is valued above by 0.17 percent. – after USD 9,626.00 per ton.

At Comex in New York, copper costs $ 4.3968 per pound, after a record drop by 0.78 percent.

The traders have started to book oil warehouses because they expect that the surprising decision of President Trump, so as not to save the main form of metal used in trade, will cause that a copper wave will start to warehouses on the London Metal Exchange (LME).

On Wednesday, Trump surprised the market, announcing that 50 % The duty for copper imports will only apply to processed forms of this metal. (PAP Biznes)

JZ/ ASA/

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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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