LME期铜连续四个交易日上涨 触及近一个月来的最高水平

Group 1 - The core viewpoint of the articles indicates that copper prices are rising significantly due to market expectations of a Federal Reserve interest rate cut next month, with LME copper reaching its highest level in nearly a month and increasing by 0.77% this month and 24.88% year-to-date [1] - Chile's state-owned copper company has proposed a premium of $335 per ton for copper supply contracts for 2026, calculated above the LME price [1] - The International Copper Study Group (ICSG) reported a global refined copper market deficit of 51,000 tons in September, contrasting with a surplus of 41,000 tons in August [1] Group 2 - Analysts from ING noted that the risks of rising copper prices are increasing due to supply challenges, low inventories, and ongoing trade distortions, suggesting that the supply-demand balance will tighten by 2026 [1] - According to Guangfa Futures, as consensus grows around tightening supply, the psychological price ceiling for copper is gradually rising among downstream buyers [1] - Freeport-McMoRan expects the Grasberg Block Cave underground mine to resume production in Q2 2026, maintaining a short-term tight supply scenario for copper, while monitoring year-end long-term contract negotiations and by-product price trends [1]