金属多飘红 期铜创历史新高 因供应收紧且美元走软【12月3日LME收盘】

Group 1 - LME copper prices reached a historic high of $11,540 per ton, closing at $11,487.50, driven by a weaker dollar, supply concerns, and tight warehouse supplies [1][3] - The three-month copper price has increased by 31% year-to-date, marking the largest annual gain since 2017 [3] - LME data showed a net cancellation of 50,725 tons in Asian warehouses, reducing registered copper stocks to the lowest level since July at 105,275 tons, intensifying bullish market sentiment [3] Group 2 - Dan Smith, Managing Director of Commodity Market Analytics, predicts copper prices could rise to $12,000 per ton following the recent high [3] - Morgan Stanley forecasts that supply disruptions and global inventory imbalances will push copper prices to $12,500 per ton in the first half of 2026 [4] - Goldman Sachs raised its 2026 average LME copper price forecast to $10,710 per ton from a previous estimate of $10,415 per ton [4] Group 3 - Glencore has lowered its copper production forecast for 2026 but aims to achieve an annual production target of 1.6 million tons by 2035 through new mines, restarts of old mines, and improved operational efficiency [3] - The premium of LME spot copper over the three-month contract reached $86 per ton, the highest since mid-October, indicating recent supply tightness [3] - Other base metals also saw price increases, with three-month tin rising by 4.46% to $40,780 per ton, reaching its highest point since May 2022 [4]