Group 1: Market Overview - LME copper prices rose by $302, or 2.87%, closing at $10,820 per ton due to easing trade concerns and improved copper import data from China [1] - COMEX copper reached an intraday high of $5.18 per pound, or $11,419.93 per ton, driven by supply disruptions in Indonesia, Chile, and the Democratic Republic of Congo, as well as expectations of U.S. interest rate cuts and a weaker dollar [4] Group 2: Copper Import Data - China's copper imports for September 2025 were 485,000 tons, marking a month-on-month increase and the highest monthly figure of the year, with a slight year-on-year increase of 1% [4] - Cumulative copper imports from January to September 2025 totaled 4,019,000 tons, reflecting a year-on-year decrease of 1.7% [4] Group 3: Other Metals Performance - LME three-month zinc prices increased by $19.5, or 0.65%, closing at $3,021 per ton, with zinc inventories in LME warehouses dropping to 37,475 tons, a 70% decline since July [4] - LME three-month lead prices fell by $31.5, or 1.56%, closing at $1,989 per ton [6] Group 4: Supply Outlook for Zinc and Lead - The International Lead and Zinc Study Group (ILZSG) forecasts a significant oversupply in the global refined zinc market in 2026, with an expected surplus of 271,000 tons [5] - ILZSG also predicts that global refined lead supply will exceed demand by 91,000 tons in 2025, with a slight increase in surplus to 102,000 tons in 2026 [5]
金属涨跌互现 期铜收涨，因市场信心改善【10月13日LME收盘】
Wen Hua Cai Jing·2025-10-14 00:27