Copper price today April 14, 2025: Strong increase again

Specifically, the price of copper on the London Metal Exchange (LME) increased to 9,145.88 USD/ton, equivalent to an increase of 2.65% compared to the previous session. This is a significant rebound, especially when the price of copper had fallen to its lowest level in many months, only 8,105 USD/ton at the beginning of the week.

The main reason for the sharp drop in copper prices earlier was the escalating tariff war between the world's two largest economies . The Chinese government raised import tariffs to 125% on goods from the US, in response to the Trump administration's move to raise tariffs to 145% on Chinese goods.

This development has investors worried about the risk of a global economic recession, directly affecting the demand for copper in industries such as construction, energy and electronics manufacturing.

However, the market has quickly responded positively thanks to signs of recovery from the demand side. The world's largest copper mining group Codelco said that demand for copper from China this quarter was at a high level, becoming an important support to help prices increase again.

Meanwhile, the import copper premium at Yangshan Port (China) remained at $87/ton, the highest level in more than a year. This is an indication that China is still actively importing copper despite market instability.

Another supportive factor is that copper inventories in warehouses on the Shanghai Futures Exchange fell by 19% last week. The rapid decline in inventories reflects a recovery in consumption, especially as businesses increase stockpiling when prices are low.

Not only that, the futures market also recorded positive fluctuations. The difference between the spot price and the three-month contract price on the LME has shifted from a discount of $63/ton to a premium of $50/ton. This change shows that investors expect copper prices to continue to rise in the coming time, at least in the short term.

Along with the recovery of copper, a series of other industrial metals on the LME also recorded price increases. Aluminum increased by 1.4% to 2,404 USD/ton, zinc increased by 1% to 2,667 USD/ton, lead increased by 0.8% to 1,907 USD/ton, tin increased sharply by 2.4% to 31,400 USD/ton, and nickel increased by 2.8% to 15,210 USD/ton.

Market sentiment is gradually turning positive again after a series of days of strong fluctuations due to tariff policies. However, analysts remain cautious because risks from trade instability and macroeconomic factors still exist.

However, with supply and demand factors showing signs of improvement, copper prices and other industrial metals are expected to continue to maintain recovery momentum in the coming time.

Source: https://baoquangnam.vn/gia-kim-loai-dong-hom-nay-14-4-2025-tang-manh-tro-lai-3152721.html