In April, 3M LME copper traded within a range of 12,212–13,481.5 usd/ton, reflecting heightened volatility driven by geopolitical developments in the Middle East and shifting global growth expectations. Throughout the month, copper prices experienced a volatile trend. In the early part of April, markets showed a weak performance amid a cautious stance toward developments in the region. In the first days of the month, an announced ceasefire agreement provided some relief to gl

In March, 3M LME copper prices traded within a volatile range of $11,700 – $13,433 per ton. Price movements throughout the month were primarily driven by geopolitical developments, macroeconomic expectations, and investor sentiment. At the beginning of the month, escalating tensions between the United States, Israel, and Iran, along with Iran’s effective closure of the Strait of Hormuz—a critical route for global commodity trade—heightened concerns over potential supply dis

In February, 3M LME copper traded within a range of $12,414.5–13,527 per ton, showing a volatile but ultimately positive performance. Prices faced initial pressure from reports that China planned to increase copper stockpiles, rising inventories in LME registered warehouses, and ongoing concerns over short-term demand. Officials from the state-backed China Nonferrous Metals Industry Association indicated that China would expand its strategic copper reserves and develop a stat