Copper futures edged lower toward $5 per pound on Tuesday but remained near three-month highs, supported by persistent supply tightness and continued flows to the US ahead of a pending tariff decision.
daily copper prices
Copper Prices Gains as Chinese Liquidity Worries Ease
- China has been tightening regulations in its property sector, which consumes a vast amount of metals, to ward off bubbles
Copper prices edged higher on Monday as investors were relieved that China, the world’s biggest metals consumer, might not be tightening credit as much as expected.