Copper prices surge on supply crunch and tariff fears
after close1 source ↓written by the desknot a recommendation
- copper rising
- ₹720/kg
- ₹1,010/kg
- reported copper reaching
- $14,700 per tonne
Copper prices have surged due to fears of new US tariffs on imports and a global supply crunch. Prices increased 40-45% in Keralam over eight months, with scrap copper rising from ₹720/kg to ₹1,010/kg. The London Metal Exchange reported copper reaching $14,700 per tonne, marking significant market implications.
Not investment advice. For informational purposes only.