Copper Pressured by Middle East Uncertainties in Commodity News 27/04/2026 Copper futures hovered around $6 per pound on Monday, trading largely sideways as stalled US–Iran peace efforts and ongoing disruption in the Strait of Hormuz kept energy prices elevated and inflation risks in focus. US President Donald Trump has instructed negotiators to suspend discussions, while Iranian President Masoud Pezeshkian reiterated that Tehran would not engage in “imposed negotiations under threats or blockade.” Industrial metals, including copper, have faced headwinds from rising inflation concerns that could prompt tighter monetary policy, alongside mounting growth risks that may dampen global demand. Still, downside pressure has been partly offset by restocking activity in China ahead of the May 1–5 Labor Day holiday. Official data also showed Chinese smelters produced a record 1.33 million tons of refined copper in March. Source: Trading Economics 2026-04-27 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