Refined Copper Futures Surge on U.S. Tariff Concerns, NYMEX Up 10% in Month

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According to Reuters, amid expectations that the U.S. may impose tariffs on refined copper by end-June, NYMEX copper futures prices climbed 10% in the past month as of June 1. Over the same period, LME three-month copper futures rose 6.5%, driven by U.S. traders' advance purchasing ahead of potential tariff decisions and renewed arbitrage activity.
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