Copper

NEWS DESK

US critical minerals impact on copper, silver, and platinum- Saxo Bank

News Desk 04/12/2025

Copper, silver and platinum have surged to the top of the commodities leaderboard as the US critical minerals agenda pulls material toward the US, triggering a reshaping of global trade flows and raising concerns about shortfalls elsewhere in markets already defined by tight fundamentals and

NEWS DESK

Copper: Grasberg disruption adds fuel to robust demand outlook – Saxo Bank

PR News Desk 25/09/2025

Copper rallied strongly on Wednesday with LME futures breaking above key resistance, with recent developments once again highlighting a combination of robust demand, underpinned by structural shifts in energy and technology, set against supply disruptions from some of the world’s largest mines. This has underpinned copper prices and supported a surge in mining equities,

NEWS DESK

Trump tariffs, copper chaos, and the metals that still matter – Saxo Bank

PR News Desk 06/08/2025

President Trump continues to wield considerable influence over global markets, including commodities. In July, attention centered on intense trade negotiations ahead of the self-imposed August 1 deadline. While a framework deal was reached between the U.S. and EU, and talks with China continued ahead of the mid-August expiry of a 90-day tariff truce, other U.S. […]

NEWS DESK

NY copper surges on 50% Trump tariff threat – Saxo Bank

PR News Desk 09/07/2025

High-grade copper futures in New York surged on Tuesday, reaching a fresh record high of USD 5.8955/lb, after President Trump, during a cabinet meeting, stated he was considering a 50% tariff on copper imports—well above the 25% anticipated by the market. The remark reignited tensions around the ongoing Section 232 investigation into copper, which for […]

NEWS DESK

Copper market navigates tariff uncertainty amid tight global supply – Saxo Bank MENA

PR News Desk 08/05/2025

The copper market continues to trade within a wide range, with some of the price action being driven by market participants trying to preempt what tariff level, if any, the US Commerce Department eventually will recommend the Trump administration apply on US imports. Just like steel and aluminium, Trump has threatened to impose a 25% […]

NEWS DESK

Copper navigates energy transition, supply shocks, and market turmoil– Saxo Bank MENA

PR News Desk 29/04/2025

The combination of increased power demand for cooling and data centres, as well as the transition to cleaner energy sources and the push to mitigate climate change, will reshape commodity markets in the coming years. Governments and corporations around the world are currently investing heavily in renewable energy infrastructure, electric vehicles, and energy-efficient

NEWS DESK

COT report: Silver and copper stands out in week of continued energy weakness – Saxo Bank MENA

PR News Desk 18/03/2025

Commodities: Despite a 1.3% rebound in the Bloomberg Commodity Index, hedge funds continued their third consecutive week of net selling, still reacting to the late-February correction that saw the index drop 4.6% before recovering. The total net long across 27 major futures contracts has declined by 44% during this time after hitting a 2-1/2-year high, […]

NEWS DESK

Limited short-selling interest observed during copper’s recent aggressive correction – Saxo Bank MENA

PR News Desk 08/08/2024

Since reaching a record high at USD 5.2 per pound in late May, the High-Grade copper contract has slumped 20%, with the bulk of the decline seen during the past month when the demand outlook in China continued to deteriorate, and US data increasingly began pointing to a slowdown. The premature surge to record highs […]