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Date: 28-mar-2025
The global copper market is witnessing a rare and significant price divergence between New York and London. As of March 2025, copper on the New York COMEX has surged to $5.374 per pound (approximately $11,840 per metric ton), while prices on the London Metal Exchange (LME) sit around $9,893 per ton—nearly a $2,000 difference. [Source]
This widening gap is attributed to a mix of geopolitical tensions, trade policy shifts, and growing industrial demand:
This copper price divide mirrors a recent trend in the gold market, where U.S. gold futures traded significantly higher than London spot prices amid tariff-related uncertainty. In response, major banks flew billions of dollars worth of gold bullion from London to New York to capitalize on the pricing gap. [Source]
For commodities investors, this dislocation between U.S. and international copper prices presents rare arbitrage opportunities. Those able to manage shipping logistics and regulatory hurdles may benefit from the discrepancy, though volatility and transport costs remain risks. [Source]
“This is a trader's dream but a manufacturer's nightmare,” one analyst noted, highlighting how higher copper costs in the U.S. may soon translate into increased production costs for electronics, EVs, and industrial equipment.
Industry experts predict copper could hit $12,000 per ton before mid-2025 if the supply-demand imbalance persists and tariffs are formally enacted. [Source]
With global commodities now increasingly impacted by national trade policies, the copper market may continue to serve as a bellwether for broader geopolitical and economic shifts.
Date: 28-Mar-2025
Dell Technologies is cutting 12,000 jobs, around 10% of its global workforce, as it restructures operations and phases out remote and hybrid work models.
Date: 28-Mar-2025
Dell Technologies is cutting 12,000 jobs, around 10% of its global workforce, as it restructures operations and phases out remote and hybrid work models.
04 Apr 2025
