Shang Hai Zheng Quan Bao·2025-09-15 00:49Group 1 - The expectation of a Federal Reserve interest rate cut is increasing, with a projected 25 basis points reduction in the upcoming meeting [1][2] - The U.S. economic data, including a 2.9% year-on-year increase in CPI and a 2.6% year-on-year increase in PPI, supports the Fed's rate cut expectations [2][3] - The industrial metal prices are expected to rise due to improved demand and supply dynamics, with the Zhongzheng Shenwan Nonferrous Metals Index up 58.7% year-to-date [1][2] Group 2 - The industrial metal sector is experiencing a shift from off-peak to peak season, with increased processing rates and supply disruptions providing support for prices [3] - The copper industry is set for growth, with policies aimed at enhancing supply chain resilience and increasing domestic copper resource availability by 5%-10% by 2027 [3] - Companies like Zijin Mining and Luoyang Molybdenum are leading in copper production, with Zijin Mining producing 570,000 tons in the first half of 2025 [6] Group 3 - The prices of non-ferrous metals have shown an upward trend, with copper, tungsten, and molybdenum prices increasing by 10%, 102%, and 21% respectively since the beginning of the year [5] - A significant number of companies in the non-ferrous metal sector reported profitability, with 129 out of 141 companies achieving profits in the first half of 2025 [5] - Companies such as Zijin Mining and Luoyang Molybdenum reported substantial increases in net profits, with Zijin Mining's net profit rising by 18.8% in Q2 2025 [5][6]