供应紧张价格大涨，铜价这次走高有啥不一样？

Group 1 - The core viewpoint of the articles highlights the significant rise in copper prices due to a combination of macroeconomic policies, supply-demand fundamentals, and market sentiment, with expectations for continued strong performance in the fourth quarter [1][4][10] - Copper prices experienced a notable increase in September, with the average price for 1 copper reported at 80,775 yuan/ton, reflecting a 2.11% month-over-month increase and a 7.99% year-over-year increase [2] - The supply of copper is a major focus, with disruptions in global copper mines, particularly the Grasberg mine in Indonesia, contributing to tightening supply conditions [3][4] Group 2 - Analysts predict that the opening day after the holiday will likely see a jump in Shanghai copper prices, with expectations of trading within the range of 84,000 to 86,000 yuan/ton, although there are concerns about potential high-level corrections if demand does not follow through [8][10] - The financial attributes of copper have become more pronounced, with increased speculative buying following the Federal Reserve's interest rate cuts, reminiscent of inflationary periods in the 1970s [5][6] - The impact of rising copper prices on the industry is differentiated, with upstream companies benefiting from price increases while downstream companies face pressure from rising raw material costs [7][10] Group 3 - The fourth quarter is expected to maintain a strong oscillating pattern for copper prices, supported by supply constraints and robust demand in sectors like electric grids and new energy vehicles [10] - Companies are advised to implement strategies to mitigate the impact of rising copper prices, particularly through hedging with futures and options to manage cost increases [10][11] - Investors are encouraged to look for opportunities after price corrections while remaining cautious of macroeconomic data fluctuations and potential volatility from U.S. trade policies [11]