COMMODITY
Copper futures settle higher on Wednesday
Mar-13-2025
Copper futures settled higher on Wednesday after the announcement of a potential 25% tariff on copper imports by the United States. Moreover, signs of improving demand in top consumer China, a weaker dollar and a softer US inflation report have also supported copper prices’ up-move, but gains were limited by mounting fears of a US economic slowdown and the impact of tariffs on global economic growth. 

Copper futures for March delivery rose $0.0835 to settle at $4.8495 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.11 percent at $9,770 a ton.
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