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Base Metals Preview: COMEX copper slides over 2%

07-Jul-25 09:25 Hrs IST

COMEX Copper futures fell sharply near $5 per pound mark on Monday amid concerns of US trade negotiations. The red metal is down over 2% in early Asia, at its lowest level in one and half weeks. Meanwhile, profit selling is also dragging the red metal down after nearly 8% rally in last month. COMEX Copper futures are currently quoting at $5.01 per pound, down 2.36% on the day. Meanwhile, Asian stock markets are trading mostly lower on Monday, following he broadly negative cues from European markets and lack of cues from Wall Street on Friday, amid ongoing concerns about U.S. tariffs after US President Donald Trump announced that his government will send letters to around 170 trading partners outlining new, simple unilateral tariffs that will take effect on August 1. Asian markets closed mixed on Friday.

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1	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
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3	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
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4	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
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5	18-02-2025	IT	RFP for Procurement of HP Server	Closed
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6	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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20	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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21	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
22	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
23	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
24	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
25	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
26	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed