The Zhitong Finance App learned that while investors are awaiting the US Trump administration's decision on refined copper tariffs, progress regarding the expected reopening of the Strait of Hormuz has boosted market risk appetite, and the price of New York copper futures is hovering near the highest level in history. According to the data, COMEX copper futures were reported at $6.65 per pound, less than 1% lower than the all-time high set in May.

The Zhitong Finance App learned that while investors are awaiting the US Trump administration's decision on refined copper tariffs, progress regarding the expected reopening of the Strait of Hormuz has boosted market risk appetite, and the price of New York copper futures is hovering near the highest level in history. According to the data, COMEX copper futures were reported at $6.65 per pound, less than 1% lower than the all-time high set in May.