Group 1 - LME copper prices rose for the third consecutive trading day, supported by strong demand from China and hints of potential interest rate cuts by the Federal Reserve [1][5] - As of August 22, LME three-month copper closed at $9,796.50 per ton, up $72 or 0.74%, with an intraday high of $9,813.50 [1][2] - Despite the recent increase, copper prices remain below the three-month high of $10,020.50 reached on July 2 [3] Group 2 - Federal Reserve Chairman Jerome Powell indicated a possible interest rate cut in September, citing risks to employment growth and the need for policy adjustments [5] - Powell's comments led to a decline in the US dollar index, making dollar-denominated commodities more attractive to buyers using other currencies [5] - Strong demand for copper is expected to continue, with analysts noting that the refined copper is not subject to recent tariffs, thus not significantly impacting overall demand [6] Group 3 - Codelco, the world's largest copper producer, has lowered its copper output target for the year to 1.34-1.37 million tons from a previous target of 1.37-1.40 million tons [6] - LME three-month aluminum also saw an increase, closing at $2,624.50 per ton, up $39.50 or 1.53%, driven by expectations of seasonal demand recovery [2][6]
金属均飘红 期铜触及一周高点,之前鲍威尔暗示可能降息【8月22日LME收盘】
Wen Hua Cai Jing·2025-08-23 00:49