Copper is trading 3.17% down now at $6.67 as U.S. inventories continue building ahead of a possible tariff on refined copper imports, raising concerns about regional supply imbalances.
- Reuters reported copper had already dipped from a record high on September 9.
- The broader market remained sensitive to higher energy prices, inflation risks, and geopolitical tensions.
- The move was primarily sector-driven, with profit-taking after recent record levels adding pressure; confidence is medium because direct coverage of the September 10 decline is limited.