Group 1 - Copper prices experienced a slight increase due to rising expectations of a rate cut by the Federal Reserve, following dovish signals from officials [1][3] - The three-month copper on the London Metal Exchange (LME) rose by $9.5 or 0.09%, closing at $10,785.50 per ton [1] - The Shanghai copper futures for January saw a gain of 80 yuan or 0.9%, closing at 86,080 yuan per ton [2] Group 2 - Analysts noted a decline in speculative interest in copper due to a lack of strong market drivers, with prices hovering at high levels after a retreat from record highs [3][4] - Codelco announced a partnership with India's Adani Group for copper exploration projects in Chile [4] - Freeport Indonesia's CEO indicated a production plan of 478,000 tons of cathode copper and 26 tons of gold by 2026, which is lower than initial plans due to recovery work from a mudslide incident [4] Group 3 - Technical analysts suggest that LME copper may test resistance levels between $10,846 and $10,899 this week, with a potential rise towards $10,970 if these levels are breached [4] - Other metals on the LME also saw price increases, with three-month aluminum up $20 or 0.72%, zinc rising 0.57%, lead increasing by 0.2%, and tin up 0.91% [4] - In contrast, Shanghai aluminum, zinc, and lead futures experienced declines, while nickel and tin futures saw increases [4]
伦铜小升,受美国降息押注提振
Wen Hua Cai Jing·2025-11-24 11:37