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?

avatarBarcode
2025-03-26
$Southern Copper Corp(SCCO)$ $Freeport-McMoRan(FCX)$ $BHP GROUP LTD(BHP.AU)$ $Copper 2505(HGmain)$  🚨🔥🪙 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 (
avatarZAscension
2025-03-26
$Copper - main 2505(HGmain)$  🚨 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
avatarHiddenDragon
2025-03-26
$Copper - main 2505(HGmain)$  i sold at 5 but think it may revisit ath