11:22 - 30.10.2025

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October 30, Fineko/abc.az. The price of copper declined almost by 2% on Thursday morning after talks between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea.

ABC.AZ informs that this is evidenced by the trading data.

December’s copper futures at the Comex exchange fell by 1.77% to $ 5.17 per pound, and at the LME on Wednesday, a ton of copper rose up to $11,183.

Investors are assessing the meeting between U.S. President Donald Trump and Chinese President Xi Jinping on Thursday. The U.S. president said that many important decisions had been reached during the meeting, and also announced a reduction in duties against China from 57% to 47% by cutting duties imposed because of the fentanyl situation from 20% to 10%.