The Comex copper price was dragged lower in US morning trading on Friday May 10 by an escalation in the US-China trade war, which market participants had previously expected to be nearing a peaceful conclusion.
The copper price for July settlement on the Comex division of the New York Mercantile Exchange dipped 0.60 cents to $2.7655 per lb. The contract is now on a four-day losing streak and is trading at the lowest point since late January 2019. A 10% tariff on $200...