Group 1 - LME copper prices fell under pressure from a stronger dollar but recorded the largest monthly gain in eight months due to tightening short-term supply, with a 4.1% increase in May [1] - LME three-month copper closed at $9,498 per ton, down $70 or 0.73% on May 30 [2] - LME registered copper inventories have decreased by 45% since mid-February, reaching 149,875 tons, the lowest level in nearly a year, supporting copper price increases [3] Group 2 - The premium of LME spot copper over three-month contracts reached $51.6 per ton, the highest since November 2022, indicating concerns over short-term supply [3] - The strong dollar and the reinstatement of tariffs by the U.S. government have dampened market optimism, putting overall pressure on industrial metals [4] - The focus is on the upcoming official Purchasing Managers' Index (PMI) from China, a major metal-consuming country [5] Group 3 - The Yangshan copper premium, which measures China's willingness to import copper, fell by 6.5% to $86 per ton this week [6] - The Chinese commodity futures market will be closed on Monday due to the Dragon Boat Festival holiday [7]
金属普跌 期铜因美元走强而下跌,但创9月以来最大单月涨幅【5月30日LME收盘】
Wen Hua Cai Jing·2025-05-31 03:01