Copper price set to test $15,000 as investors await US data, tariff clarity

Mining09-08 10:13

Copper prices could break through $15,000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of U.S. economic data and President Donald Trump ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2666537233?lang=en_US&edition=fundamental","thumbnail":"https://www.mining.com/wp-content/uploads/2019/05/Copper.jpeg","is_english":true,"pubTime":"2026-09-08 10:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2666537233","market":"us","top_or_hot":-1,"title":"Copper price set to test $15,000 as investors await US data, tariff clarity","media":"Mining","content":"<div>\n<p>Copper prices could break through $15,000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of U.S. economic data and President Donald Trump ...</p>\n\n<a href=\"https://www.mining.com/web/copper-set-to-test-15000-as-investors-await-us-data-tariff-clarity/\">Source Link</a>\n\n</div>\n","source":"mining_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Copper price set to test $15,000 as investors await US data, tariff clarity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCopper price set to test $15,000 as investors await US data, tariff clarity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-08 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mining.com/web/copper-set-to-test-15000-as-investors-await-us-data-tariff-clarity/><strong>Mining</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Copper prices could break through $15,000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of U.S. economic data and President Donald Trump ...</p>\n\n<a href=\"https://www.mining.com/web/copper-set-to-test-15000-as-investors-await-us-data-tariff-clarity/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COPP","symbol_name":"Sprott Copper Miners ETF","start_time":0,"source_url":"https://www.mining.com/web/copper-set-to-test-15000-as-investors-await-us-data-tariff-clarity/","article_id":"2666537233","we_media_id":null,"thumbnails":["https://www.mining.com/wp-content/uploads/2019/05/Copper.jpeg"],"rights":{"source":"mining_highlight","url":"https://www.mining.com/web/copper-set-to-test-15000-as-investors-await-us-data-tariff-clarity/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666537233","pubTimestamp":1788833580,"columns":[],"sourceInfo":{"source_id":"mining_highlight","name":"MINING.COM"},"weMediaInfo":null,"summary":"The metal could reach $15,000 for the first time as soon as this week, as…","collect":0,"end_time":0,"defaultTopTitle":"mining.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COPP":"Sprott Copper Miners ETF","TISC":"Thrivent International Small Cap ETF","DBB":"基础金属ETF-PowerShares","SETM":"Sprott Critical Materials ETF","COPX":"铜矿ETF-Global X","BK4585":"ETF&股票定投概念","WLDR":"Affinity World Leaders Equity ETF","PICK":"iShares MSCI Global Metals & Mining Producers ETF","UYM":"基础材料指数ETF-ProShares两倍做多","BINT":"Bluemonte Global Equity ETF","RSEE":"Rareview Systematic Equity ETF","XME":"金属与采矿指数ETF-SPDR","BK4535":"淡马锡持仓","SNTH":"MRP SYNTHEQUITY ETF","RGLO":"Global Equity Active ETF","PRXI":"Praxis Impact International ETF","DRES":"GMO Domestic Resilience ETF","CDIG":"City Different Investments Global Equity ETF","BK4588":"碎股","CPXR":"USCF DAILY TARGET 2X COPPER INDEX ETF","ICOP":"iShares Copper and Metals Mining ETF","CPER":"美国铜指数基金","ACWX":"iShares MSCI ACWI ex U.S. ETF","SHPP":"PACER INDUSTRIALS AND LOGISTICS ETF","COPJ":"SPROTT JUNIOR COPPER MINERS ETF"},"translate_title":"由于投资者等待美国数据和关税明确性，铜价将测试 15,000 美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ICOP":0.9,"XME":0.9,"CDIG":1.5,"SHPP":1.5,"COPX":1.5,"SNTH":1.5,"SETM":1.5,"UYM":0.9,"DRES":1.5,"BINT":1.5,"COPJ":0.9,"WLDR":1.5,"QCmain":0.9,"RGLO":1.5,"RSEE":1.5,"PICK":1.5,"CPER":0.9,"CPXR":0.9,"ACWX":1.5,"MHGmain":0.9,"PRXI":1.5,"COPP":0.9,"TISC":1.5,"DBB":1.5},"content_text":"Copper prices could break through $15,000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of U.S. economic data and President Donald Trump keeps the market guessing on import tariffs.\nBenchmark copper on the London Metal Exchange CMCU3 hit an all-time peak of $14,779 per metric ton, climbing for a fourth straight session as the rally showed no sign of slowing. MET/L\n“Will it get to $15,000 this week on Trump’s tariff confusion? Sure, that’s possible,” said Panmure Liberum analyst Tom Price. “You can pick any big number when there’s this much speculative capital behind a trading idea.”\nThe U.S. has proposed a 15% tariff on refined copper imports from the start of 2027, rising to 30% in 2028, but has neither confirmed nor ruled out a duty.\n\nTrump’s copper tariff decision hangs over global metal market\n\nThe prospect of tariffs has seen large volumes of copper flow into COMEX-approved warehouses in the U.S., draining inventories on the LME and in top metals consumer China.\nAt just over 300,000 tons combined, LME MCUSTX-TOTAL and ShFE CU-STX-SGH copper stocks are less than half COMEX stocks HG-STX-COMEX at record highs of 695,624 tons, with an open arbitrage window helping fuel bumper U.S. imports.\n\nUS July copper imports hit highest level on record\n\nData in focus\nMacro events later this week will likely determine whether copper’s price gain lasts, said Alastair Munro, senior base metals strategist at Marex, pointing to details on a U.S. Treasury bond buyback expected on Wednesday and U.S. Consumer Price Index data for August due on Friday.\nCopper could be vulnerable to profit-taking if the dollar .DXY recovers after the CPI release, broker Sucden Financial wrote in a note. A stronger U.S. currency makes dollar-denominated metals more expensive for investors using other currencies.\nStill, there is scope for further gains if copper holds above $14,400, Sucden said.\nMorgan Stanley’s fourth-quarter forecast of $14,250 could be overshot depending on how and when any tariff decision is made, said Amy Gower, head of metals and mining commodity strategy at the bank, which remains positive on copper for the rest of 2026.\n“However, we remain more cautious into 2027, where U.S. import demand is likely to be softer if tariffs are either in place or ruled out,” Gower said.\nAs long as there is no clarity on tariffs, copper should continue to rise, said SP Angel analyst John Meyer.\n“There’s plenty of physical copper in the world, but it’s all in the United States.”\n(Reporting by Tom Daly; additional reporting by Eric Onstad; Editing by Alexander Smith)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2666537233","isCrawlerRequest":true}