The Copper Monthly Metals Index (MMI) moved sideways, with a modest 1.09% decline. The price of copper ended 2025 with bullish momentum. However, is it due to a supply shortage, or another fragile rally? Price of Copper Remains Bullish Global copper prices are ready to close 2025 in a decidedly bullish trend. Both Comex and […]
Search Results for: copper
Copper MMI: Copper Prices Drift Upward Despite Stock Surplus
The Copper Monthly Metals Index (MMI) broke above range, with a 3.7% rise from September to October. This comes as copper prices, along with many other metals, continue to show an upside bias. Copper Joins Other Base Metals in Upward Trend Comex copper prices hit a two-month high, barreling past the 11k per metric ton […]
Global Copper Deficit Balloons as Grasberg Collapse Joins Year of Disruptions
The global copper market has had quite the year. On September 8, approximately 800,000 tons of wet material flooded multiple levels of the Grasberg Block Cave mine in Papua, Indonesia, leading to the suspension of all underground operations. It was just one more event to add to the list of copper mining and supply disruptions […]
Copper Titans Unite: Anglo and Codelco Crack World’s Top 5
The copper market recently experienced a significant development that could have big implications for global supply. Metals and mining multinational Anglo American has finalized an agreement with National Copper Corporation of Chile (Codelco) to merge operations at their respective Los Bronces and Andina copper mines, putting them among the top 5 largest sites in the […]
Copper MMI: Comex Prices Hold Premium After Critical Minerals Recommendation
The Copper Monthly Metals Index (MMI) remained sideways, with a 1.87% decline from July to August. Meanwhile, the price of copper saw some notable upticks from August to September, as well as some significant drops. Keep up with why and when the price of copper shifts in 2025. Get the latest updates with MetalMiner’s free […]
Copper MMI: LME, Comex Copper Prices Return to Parity, Later Tariffs on Table
The Copper Monthly Metals Index (MMI) moved sideways, rising 1.18% from July to August. This puts the price of copper today just slightly above its April lows. Comex Copper Prices Plummet After Tariff Surprise July proved the most volatile month yet for Comex copper prices. As market surprises often do, the White House’s decision […]
Copper Tariff U-Turn Sends Both Relief, and Shockwaves Through U.S. Supply Chains
In an 11th-hour reversal, the White House has exempted refined copper products, including cathodes, scrap and concentrates, from a looming 50% import tariff. Effective August 1, 2025, copper tariffs will only apply to semi-finished copper goods The surprise exemption caught metal markets off guard and sent U.S. copper prices into freefall. COMEX copper futures plunged […]
China Doubles Down in Africa for Copper While India Quietly Makes Its Move
Both China and India are now jostling for exploration and mining rights across the African continent. Over the last decade, China has rapidly expanded its presence in Africa’s growing copper market, securing critical mineral supplies to fuel its green energy ambitions. With copper demand surging globally due to the growth of electric vehicles, renewable energy, […]
Automotive MMI: Trump’s 50% Copper Tariff Sends Shock Through Auto Supply Chains
The Automotive MMI (Monthly Metals Index) moved sideways, inching up by 2.29%. While the index has maintained a mostly sideways trend over the past year, short-term volatility may be on the way. President Trump recently announced a 50% tariff on imported copper, a move expected to impact U.S. automotive manufacturing firms that source the red […]
Copper MMI: Copper Prices Chase All-Time High as 50% Tariff Looms
The Copper Monthly Metals Index (MMI) moved sideways with an upside bias, rising 2.69% from June to July. Comex Copper Prices Nearing All-Time High on 50% Tariff Reports Comex copper prices resumed their uptrend, ending a brief pause witnessed in early June. As of July 7, the price of copper on the exchange stood $266/mt […]