US Copper Trades Near Record on Tariff Risks, Hormuz Speculation

Copper futures in New York traded near record levels on March 19, 2026, as traders awaited a US tariff decision and monitored developments regarding the Strait of Hormuz. The commodity's price movement reflected investor focus on two factors: potential US trade policy changes and efforts to reopen the shipping route through the Persian Gulf. Copper closed at its specified trading level, with volume and open interest reflecting market participation tied to these developments.

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