期铜收高，乐观贸易数据提振市场人气【8月7日LME收盘】

Group 1 - LME copper prices experienced a slight increase, closing at $9,684.5 per ton, up by $8.5 or 0.09% due to optimistic economic data [1] - Other base metals also saw price increases, with three-month aluminum up by $1.0 (0.04%), zinc up by $24.5 (0.88%), and lead up by $15.0 (0.75%) [2] - In contrast, three-month nickel prices fell by $17.0 (0.11%) [2] Group 2 - China's foreign trade maintained a positive trend, with July's total trade value reaching 3.91 trillion yuan, a year-on-year increase of 6.7%, marking the highest growth rate for the year [3] - For the first seven months, China's total trade value was 25.7 trillion yuan, up by 3.5% year-on-year, with an acceleration of 0.6 percentage points compared to the first half of the year [3] - Copper ore and concentrate imports in July were 2.56 million tons, with a cumulative import of 17.314 million tons for the first seven months, reflecting an 8.0% year-on-year increase [3] Group 3 - Following the announcement of a 50% tariff on certain copper products by the U.S. government, COMEX copper prices fell, contributing to a 1.4% decline in LME copper prices the previous week [4][5] - Analysts predict that LME copper prices may drop to $8,800 by the end of the third quarter due to a global market surplus, with a projected surplus of 27,200 tons in the refined copper market by May 2025 [5]