According to the City Group Bank, the price of buyer will reach $ 10 thousand dollars per tonne during the next three months, indicating that the supplies in the global market in the global market have dropped until the schedule of customs duties on US imports becomes clearer. The price of the metal has risen in recent weeks after US President Donald Trump ordered the study of brass imports, which speeded up the shipping of large amounts of metal before any customs duties were imposed on imports. The price of buyer has its highest level since October at the London Metal Stock Exchange. City Group, including Max Lighton, wrote in ‘Nepos: “We will probably continue to decline in the material market outside the United States until May or June, which will temporarily compare the opposite consequences for prices due to the decisions to impose larger customs duties.” The price of copper is still rising. Industrial minerals prices have reasonably maintained their cohesion despite the increasing concern of the US economy, in the light of the fundamental change that Trump causes on commercial policy. Al -nahhas also gained the support of the increase in raw mineral, amid high demand at a faster rate than the ability of world mines to expand. The price of buyer rose 0.3% to 9797 dollars per ton at 11:14 Shanghai time to continue with the increase, which amounted to about 12% this year. In China, authorities have issued more export licenses, as Mascak is facing increasing losses in the world’s largest producing country amid fierce competition to buyer. The purification costs also exacerbated its decline for less than zero. Steel and aluminum fees started in effect. The new customs duties on Wednesday entered the steel and aluminum approved by Trump by Trump under section 232 (of the Trade Extension Act), which led to an answer from the European Union and Canada. Trump explained his desire to impose customs duties on buyer, but the Ministry of Trade must do a study and first submit his recommendations. City Group’s expectations are a change in its previous speculation that copper prices are dropping to $ 8,500 a tonne during the second quarter of the year. The bank has indicated that prices will continue to decline “when the demand due to customs duties on brass imports to the United States is low, which we expect with the approaching imposition of customs duties on the metal under section 232.”
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