Copper gains 13% in a week on tariff exemptions and China stimulus hopes

Copper prices experienced a surge, reaching their highest level in over a week, fueled by U.S. tariff exemptions, anticipation of Chinese stimulus measures, and a weaker dollar. The market found a base after a recent fall, attracting buying interest. China's imports of copper and copper products fell, but new bank loans rebounded, signaling potential future industrial metals demand.