Sunday, May 25, 2025

Container Ship Traffic

Container ship traffic from China to the US is falling sharply:

Ships departing China for the United States dropped to the second-lowest level in at least 12 months.

The traffic has been down over 50% since its peak in April.

Expect more layoffs in the US transport industry.

Copper Update

Copper futures hovered below $4.40 per pound on Friday and were on track for a weekly drop of around 24%, pressured by a surprise US tariff ...