Copper Prices Surge 12% Amid Falling Stocks and Tariff Impacts

Recent data from the London Metal Exchange indicates a notable 12% rise in copper prices in the first half of the year, with U.S. copper contracts on the CME hitting $1,200 per metric ton. This increase is primarily due to decreasing LME inventories and the shift of physical copper to the U.S., influenced by tariff policies. Unlike copper, other metals have not experienced similar price hikes, emphasizing copper's unique position in the market. For firms such as Torr Metals Inc., this surge in copper demand opens new avenues, as explored in their recent updates available at https://ibn.fm/TMET. This scenario sheds light on how tariffs can selectively affect commodity markets, creating disparities among different metals.