Group 1 - LME copper prices increased due to slower-than-expected US job growth in July and a weaker dollar, leading traders to bet on potential Fed rate cuts [1] - As of August 1, LME three-month copper rose by $19.5, or 0.2%, closing at $9,630.5 per ton [2] - The US copper market stabilized after a significant drop, with Comex copper prices recovering by 1.6% to $4.423 per pound, or $9,751 per ton [3] Group 2 - Comex copper inventories surged by 176% from March to July, reaching a 21-year high of 233,977 tons [3] - LME available stocks more than doubled in July, hitting a three-month high of 127,475 tons [4] - The premium of Comex copper over LME prices has limited the outflow of US inventories, with the premium decreasing significantly from historical highs [5] Group 3 - Codelco's El Teniente copper mine is facing reduced copper extraction operations due to an accident, although processing facilities remain operational [5]
金属普涨 伦铜上涨，美国铜价保持对全球指标铜的溢价【8月1日LME收盘】
Wen Hua Cai Jing·2025-08-02 07:52