Group 1 - LME copper prices rose to a two-week high due to easing trade concerns and a decline in the US dollar following inflation data, closing at $9,840.5 per ton, up $109 or 1.12% [1] - LME copper touched a peak of $9,855 per ton, the highest level since July 28 [1] - The increase in LME copper inventory by over 70% since the end of June, reaching 155,000 tons, has put pressure on copper prices and alleviated supply concerns [3] Group 2 - The US and China agreed to suspend the implementation of 24% tariffs on each other's goods for 90 days starting August 12, which may positively impact market sentiment [3] - The US consumer prices showed a moderate increase, enhancing expectations for a potential interest rate cut by the Federal Reserve, which could stimulate demand for dollar-denominated metals [3] - LME spot copper has widened its discount to three-month copper to $84 per ton, the largest since February [3]
期铜升至逾两周高位,因贸易担忧缓和及美元走弱【8月12日LME收盘】
Wen Hua Cai Jing·2025-08-13 00:45