Trump tariff threat drives up 'Shanghai premium' on copper

Trump tariff threat drives up 'Shanghai premium' on copper

TOKYO -- U.S. President Donald Trump's threat of tariffs is roiling the international copper market, with the "Shanghai premium" facing Chinese import

Copper Gains in Wake of Tariff Threats - Archer Financial Services

COPPER July copper futures edge out gains following President Trump’s tariff threats on Apple and... The post Copper Gains in Wake of Tariff Threats appeared first on Archer Financial Services.

Copper Gains in Wake of Tariff Threats - ADM Investor Services

COPPER July copper futures edge out gains following President Trump’s tariff threats on Apple and... The post Copper Gains in Wake of Tariff Threats appeared first on ADM Investor Services.

A 60-Year-Old Copper Split Is Re-Emerging

On an August morning in 1965, a New York scrap dealer shouted 34 cents a pound for copper. An hour later a telex from London printed 55 cents. Washington had just capped U.S. prices after the Tonkin Gulf Resolution exploded Vietnam spending. Europe, free to float, let copper rip higher. The spread ballooned; Chile, Peru, and Zambia, all short of cash, jacked royalties or seized mines. By 1974 one-third of global output sat in government hands an…