Commodity Update Archives

Commodity Update – January 2025

Rising prices and global supply shortages set the stage for potential price increases in the beginning of 2025.

Market experts and domestic suppliers weigh in on potential tariffs’ impact on metals market.

Federal Reserve rate cuts could lead to increased metal prices later this year.

Copper and aluminum remain in high demand for EV production.

Commodity prices climb, but their future remains uncertain.

China’s economic slowdown causes ripples in commodity prices.

Suppliers are trying to grasp market dynamics as they await the impacts of Section 301 tariffs.

On May, 14, the Biden administration announced several tariff increases.

With a year-to-date average of $3.99, copper has already passed last year’s average of $3.86.

Copper prices are climbing incredibly fast this month.