Al -nahhas tend to record a weekly decline in London, while the market accommodates the impact of President Donald Trump’s surprising decision to release the metal -based forms of major US customs duties. The prices of the industrial metal were a slight increase on the London Metal Stock Exchange on Friday, but this recorded a 1.4% decline during the week. In the United States, where traders imported large amounts of buyer in anticipation of customs fees, the price of the metal dropped by more than 20% this week. From Friday, Trump imposed 50% of customs on semi -manufacturing of copper products, such as pipes, wires, bars, sheets and tubes, but he released the forms of less processed metal to include raw, pillars and negative poles. The big price bonus of New York’s futures has disappeared compared to London, in response. Traders are currently raising storage space, and he is currently discussing copper storage spaces in a bet that Trump’s decision will lead to a large amount of supplies stored in the United States to the London share stores. Metal supplies in the warehouses subject to the censorship of London, comics and Shanghai futures returned in July after decreasing over the past four months. The price of buyer can be subjected to pressure in the near future, as the high shares of shares indicate the decline in the basic data, according to a note issued by the company “Everbright Futures”. The price of buyer rose 0.3% to $ 9635.50 per ton at the London Stock Exchange at 11:01 Shanghai time. Aluminum rose 0.1%, while nickel dropped by 0.3%.
The price of buyer is on its way to a weekly drop in the London Stock Exchange after Trump’s fees
