Core Viewpoint - LME copper prices experienced a decline after reaching a 16-month high, primarily due to profit-taking triggered by a stronger US dollar, overshadowing supply concerns from Chile and Indonesia [1][4]. Price Movements - LME three-month copper fell by $61, or 0.57%, closing at $10,654.50 per ton after hitting a peak of $10,800, marking a nearly 25% increase since early April [1][2]. - Other base metals showed mixed results: - Three-month aluminum rose by $15.50, or 0.57%, to $2,725.00 [2][6]. - Three-month zinc decreased by $27.50, or 0.91%, to $3,007.00 [2][7]. - Three-month lead dropped by $15.50, or 0.77%, to $2,004.50 [2][8]. - Three-month nickel increased by $49, or 0.32%, to $15,482.00 [2][9]. - Three-month tin fell by $657, or 1.75%, to $36,798.00 [2][10]. Market Influences - The recent rise in copper prices was partly attributed to the absence of the Chinese market during the Golden Week holiday, leading to increased selling by Chinese investors [4]. - A stronger US dollar, which rose by 0.4% to 98.11, made dollar-denominated metals more expensive for buyers using other currencies, prompting traders to close long positions [4]. - The ongoing US government shutdown has delayed the release of key economic data, including the September employment report, which may impact market sentiment [5]. Supply Concerns - Supply disruptions are expected to persist due to operational halts at Freeport-McMoRan's Grasberg mine in Indonesia following a landslide, along with other interruptions at mines in the Democratic Republic of Congo and Chile [5].
期铜从16个月高点回落，美元走强引发获利了结【10月6日LME收盘】
Wen Hua Cai Jing·2025-10-08 06:44