Middle East tensions raised inflation worries and weakened industrial demand prospects, pushing copper lower and leaving prices on track for a weekly fall. LME three-month copper fell about 1.4% on Friday after a 0.1% gain on Thursday; copper is down roughly 0.5% for the week. Fitch Solutions' BMI said that, absent a tariff-driven catalyst, and despite concerns over sulphuric acid supply, weak industrial demand and the limited supply impact from the U.S.-Iran conflict point to lower copper price

Middle East tensions raised inflation worries and weakened industrial demand prospects, pushing copper lower and leaving prices on track for a weekly fall. LME three-month copper fell about 1.4% on Friday after a 0.1% gain on Thursday; copper is down roughly 0.5% for the week. Fitch Solutions' BMI said that, absent a tariff-driven catalyst, and despite concerns over sulphuric acid supply, weak industrial demand and the limited supply impact from the U.S.-Iran conflict point to lower copper prices in coming months, though low inventories will offer some support.