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0.00122615803814719 -0.0013623978201636 -0.00299727520435966 -0.00354223433242514 -0.00354223433242514 -0.00354223433242514 -0.00354223433242514 -0.00354223433242514
Stock impact report

U.S. Copper Imports Exceed Expectations Despite Tariff Concerns [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
This gloomier outlook has sharpened our focus on the once high-flying industrial metals market— now showing signs of weakness —particularly the copper market. Goldman analyst Adam Gillard provided clients with a snapshot of current conditions in the copper market, highlighting tight physical supply in China and continued strength in domestic demand. However, Gillard cautioned that ongoing global industrial production weakness and declining Chinese exports—driven by the deepening trade war—could tip the market into surplus. The analyst outlined four micro data points on the copper markets for clients to better gauge sentiment: US cathode imports : YTD imports from BL data 408k MT implying an "over-import" of ~100k MT vs market expectations of ~300k MT (by June). If this run rate continues LME should tighten despite the likely tariff related demand shock. Source: Goldman Sachs Research Scrap: US scrap spreads remain under pressure as rising discounts erode the CME premium (U Show less Read more
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