Three month LME copper prices traded within a range of USD 13,796-14,437 per tonne during August. LME copper prices maintained a strong performance throughout August, supported mainly by concerns over global supply and declining warehouse stocks. Copper prices were supported by increased shipments to the US ahead of potential tariffs on refined copper, which led to a significant reduction in LME warehouse stocks. The depreciation of the US dollar and the Democratic Republic o

Three-month LME copper prices traded within a range of USD 13,103.5–13,934 per tonne during July. Despite significant volatility throughout the month, copper prices ended July at USD 13,803 per tonne, posting a 3.16% monthly gain. Copper prices came under pressure at the start of the month as investors remained cautious amid uncertainty over potential U.S. tariffs on refined copper imports. In addition, escalating geopolitical tensions between the United States and Iran, to

Three-month LME copper prices traded in a range of USD 12,988–14,056 per tonne during June. The market started the month on a strong note as uncertainty surrounding U.S. tariff policies continued, leading to tighter copper supply outside the United States. Ongoing peace talks in the Middle East also remained in focus, while concerns over limited supply and Goldman Sachs' higher copper price forecast provided additional support to prices. In the middle of the month, market sen