受印尼铜矿事故影响，铜价强势突破4.9美元

Core Viewpoint - Recent international copper prices have surged, with New York Mercantile Exchange copper futures exceeding $4.9 per pound, driven by significant supply-demand changes rather than short-term fluctuations [1] Supply Disruption - The immediate cause of the price increase is a major supply disruption due to a landslide at Indonesia's Grasberg Block mine, which has been fully shut down since September 8, resulting in casualties and severely impacting multiple operational aspects [1] - Other mining operations have declared force majeure, exacerbating market concerns over short-term supply shortages [1] Demand Dynamics - Structural demand growth is contributing to the price rise, with a recent Goldman Sachs report downgrading global copper supply forecasts and warning of a supply-demand gap expected in 2025-2026 [1] - Analysts highlight that the current copper price increase is underpinned by solid fundamentals, driven by the proliferation of electric vehicles, expansion of renewable energy infrastructure, and the global digitalization process [1] Beneficiaries - Major copper-exporting countries such as Chile and Peru are expected to benefit from the rising copper prices [1]