INSUBCONTINENT EXCLUSIVE:
Copper markets showed cautious stability early Tuesday, with London Metal Exchange (LME) three-month contracts hovering at $9,547 per metric
ton after a 0.7% drop in U.S
Comex futures to $4.5785 per pound.Prices fluctuated within a narrow band overnight as traders digested the partial U.S.-China tariff
rollback announced Monday, which temporarily cut Chinese duties on American imports from 125% to 10%.The tariff relief initially fueled a
1.1% rally in LME copper on Monday, but momentum stalled as analysts noted remaining U.S
moving average at $9,412 acting as support
The Relative Strength Index (RSI) held at 47.7, reflecting balanced momentum, while Bollinger Bands tightened to their narrowest range since
February.Copper Prices Hold Steady as Traders Weigh Tariff Relief Against Supply Risks
(Photo Internet reproduction)A decisive break above $9,600 could trigger short-covering, but bears point to weakening MACD divergence and
Futures volumes dipped 12% overnight as institutional players awaited clearer demand signals.The Sprott Copper Miners ETF (COPP) saw $2.3
million in outflows Tuesday morning, extending its 4.7% monthly decline
Goldman Sachs maintained its bullish stance, citing accelerated U.S
The International Copper Study Group forecasts a 300,000-ton surplus this year, contrasting with projected deficits in 2026.Traders are
balancing near-term oversupply risks with structural deficits driven by aging mines and growing green energy demand
