Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House in January, copper industry participants said.
Benchmark three-month copper on the London Metal Exchange (LME) CMCU3 was traded at $8 915 a ton at 08:52 GMT, having shed 8% in less than 10 days since Trump won the US Presidential election.