Group 1 - The core viewpoint is that copper prices have surged to a new high, with LME copper futures reported at $11,856.50 per ton, reflecting a slight decrease of 0.13% [1] - The decline of the US dollar index to a seven-week low has contributed to lower costs for overseas buyers purchasing dollar-denominated commodities, supporting the price increase [1] - Structural supply tightness is also a key factor providing support for copper prices [1] Group 2 - As of December 11, SHFE warehouse stocks increased by 2,530 tons to 31,461 tons, while LME warehouse stocks rose by 875 tons to 165,850 tons [2] - International copper is trading at a premium of 1,337 points over domestic copper, indicating that the international market is significantly stronger than the domestic market, leading to optimistic market sentiment [2] - The accumulation of copper in the US has resulted in tightness in the international spot market, with the overall market sentiment leaning towards optimism and a potential continuation of the upward trend in prices [2]
美元指数跌至七周新低 伦铜大涨创新高
Jin Tou Wang·2025-12-12 04:07