Group 1 - LME and SHFE copper prices experienced slight increases due to a weaker dollar and a temporary ceasefire between Iran and Israel, with LME three-month copper rising by 0.34% to $9,702 per ton and SHFE August copper contract increasing by 0.47% to ¥78,810 per ton [1] - The ceasefire between Israel and Iran is seen as a potential stabilizing factor, although analysts caution that it may not be a final resolution, and the market is awaiting clearer signals [1] - The Federal Reserve Chairman Jerome Powell maintained a cautious stance regarding interest rate cuts, with the market estimating a 18% chance of a rate cut in July, contributing to the dollar's weakness and making dollar-denominated metals more attractive to buyers using other currencies [1] Group 2 - Lead smelters have increased the supply of second-hand electric bicycle batteries in preparation for rising summer lead demand, which has positively impacted primary lead prices [2] - Electric bicycles typically require more frequent battery replacements during summer due to reduced battery lifespan in hot weather [3] - Other LME metals showed mixed performance, with three-month aluminum down by 0.47% to $2,567 per ton, while three-month tin, zinc, and nickel saw increases of 0.68%, 0.73%, and 0.64% respectively [3]
铜价小幅上涨,受美元走软及地缘冲突缓和支撑
Wen Hua Cai Jing·2025-06-25 09:49