Copper Stabilizes as Supply Risks Persist

2025-10-16 04:20 By Jam Kaimo Samonte 1 min. read

Copper futures steadied above $4.90 per pound after sharp swing earlier in the week, as plunging treatment and refining charges threatened to curb refined output by squeezing producer margins.

Importers in Japan, South Korea, and Spain warned that falling processing fees could endanger the sector’s sustainability.

The metal also drew support from expectations of additional Federal Reserve rate cuts after Governor Stephen Miran noted that rising trade tensions have heightened economic uncertainty, underscoring the need for faster policy easing.

On the trade front, Beijing accused Washington of deliberately fueling panic over rare earth controls, while US officials warned that such measures threaten global supply chains.

President Donald Trump and President Xi Jinping are expected to meet in South Korea later this month in an effort to ease tensions.



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