Group 1: Copper Market Overview - On May 27, LME copper prices fell due to a strong dollar and uncertainty regarding U.S. tariffs, with prices reaching a two-week high earlier in the session [1] - LME three-month copper closed down $13.50 or 0.14% at $9,596.5 per ton, after hitting a peak of $9,640 since May 14 [1] - U.S. Comex copper dropped 2% to $4.74 per pound, with a premium over LME copper reaching $855 per ton [4] Group 2: Supply and Demand Dynamics - Ivanhoe Mines announced a suspension of its production forecast due to seismic activity at its giant mine in the Democratic Republic of Congo, which is Africa's largest copper producer [6] - Morgan Stanley analysts indicated that if the Kakula mine remains closed for the rest of the year, it could lead to a supply reduction of approximately 150,000 tons, potentially increasing copper prices [6] - The International Copper Study Group (ICSG) reported a global refined copper market surplus of 17,000 tons in March, down from an 18,000-ton surplus in February [7] Group 3: Economic Indicators - China's National Bureau of Statistics reported that from January to April, profits of large industrial enterprises in China totaled 21,170.2 billion yuan, a year-on-year increase of 1.4% [6] - In April, profits of large industrial enterprises in China grew by 3.0% year-on-year [6] - ICSG noted that the global refined copper market had a surplus of 289,000 tons in the first three months of the year, compared to a surplus of 268,000 tons in the same period last year [8]
金属涨跌互现 期铜回落,受关税不确定性和美元反弹拖累【5月27日LME收盘】
Wen Hua Cai Jing·2025-05-28 00:32