LME Copper climbed to a two-week high yesterday after reopening from the long Easter weekend.
Trump's comments suggest room for de-escalation on the trade front
"Dollar weakness seen in recent days is providing some support. Meanwhile, comments from Trump suggesting a reduction in China tariffs leave room for de-escalation on the trade front. Copper smelters in China boosted output to a record high in March."
"This is despite record-low processing fees, partly driven by rising prices for by-products including gold and sulphuric acid. Production of refined Copper rose 8.6% in March from a year earlier to 1.25 million tonnes, according to China’s National Bureau of Statistics. In the first quarter, China’s total output of refined Copper was 3.54 million tonnes, up 5% from 2024."
作者：FXStreet Insights Team，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
