Group 1 - Codelco has significantly raised its annual premium for copper contracts, with offers for 2026 contracts priced $350 per ton above LME prices, indicating market concerns over potential supply shortages in other regions due to increased shipments to the U.S. [1] - The copper futures price has risen by 0.4% recently, approaching $10,900 per ton, reflecting a nearly 25% increase in copper prices this year, with a record high of over $11,000 per ton reached last month [1] - Contributing factors to the price increase include supply disruptions at key mines, ore shortages, and market speculation regarding potential changes in U.S. tax policies on refined metals under the Trump administration [1] Group 2 - The weakening U.S. dollar, driven by expectations of a possible interest rate cut by the Federal Reserve next month, has made metals more attractive to investors [1] - Codelco's pricing typically sets a benchmark for the industry, and the substantial increase in premium from $89 agreed upon this year to $350 highlights the changing dynamics in the copper market [1]
铜价因Codelco报价与美元走弱再度上涨
Ge Long Hui·2025-11-26 04:12