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Precious metals: copper is falling

09/07/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Ce mercredi, les prix du cuivre à la London Metal Exchange and Shanghai Futures Exchange. The announcement of U.S. tariffs on copper signals the end of a months-long arbitration that removed the metal from global markets

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Amid a record on Comex, three-month copper on the LME slid 1.2% to $9,675 per metric ton at 03:46 GMT, and the most traded copper contract on SHFE fell 1.1% to 78,580 yuan ($10,944.29) per ton. According to Michael Wu, a copper analyst at Shanghai Metals Market, “there is almost no one in Asia buying copper to deliver to the United States right now, given how little time is left before the deadline.”

LME nickel fell by 0.5% to $14,965 per ton, lead fell by 0.6% to $2,044, while tin fell by 0.2% to $33,370, zinc fell by 0.2% to $33,370, zinc fell by 0.4% to $33,370, zinc fell by 0.4% to $2,709 and aluminum fell slightly by 0.5% to $2,574.

SHFE nickel fell by 1.4% to 118,960 yuan per ton, while lead gained 0.5% to 17,195 yuan, zinc remained stable at 22,010 yuan, zinc remained stable at 22,010 yuan, aluminum rose 0.2% to 22,010 yuan, aluminum rose 0.2% to 20,525 yuan per ton, and tin rose slightly by 0.2% to 264,880 yuan.

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