Copper Slips as Geopolitical Relief Fades in Commodity News 01/04/2026 Copper fell toward $5.7 per pound on Wednesday, giving back earlier gains as the initial relief from easing geopolitical tensions in the Middle East faded. Although US President Donald Trump suggested military strikes on Iran could wind down within two to three weeks, uncertainty around the conflict continued to weigh on sentiment. Broader demand concerns also persisted, even as hopes of reduced oil-driven inflation pressures briefly supported the outlook for industrial metals. A softer US dollar offered limited cushioning, but was not enough to offset overall caution in the market. In China, demand signals remained uneven, with inventory movements at the Shanghai Futures Exchange offering only modest reassurance about consumption trends. China’s RatingDog Manufacturing PMI for March also eased to 50.8, below expectations of 51.6 and down from 52.1 in February. Source: Trading Economics 2026-04-01 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share