Sou Hu Cai Jing·2025-12-12 07:53Group 1 - The article highlights the impact of the Federal Reserve's interest rate cut, which has led to increased expectations for global liquidity easing, resulting in significant capital inflow into the non-ferrous metals market, driving prices of copper and silver to new historical highs [1] - The Central Economic Work Conference has released positive signals for stable growth, and the Ministry of Industry and Information Technology, along with eight other departments, has issued a work plan for the non-ferrous metals industry aimed at stabilizing growth from 2025 to 2026, providing solid policy support for the sector [1][3] - Several non-ferrous metal companies have announced new mineral exploration projects in early December, further boosting market confidence in the industry's development prospects and attracting continued capital investment [1] Group 2 - As of December 12, the non-ferrous metals sector rose by 1.44%, with notable gains from companies such as Xinweiling, which increased by over 14%, and others like Jingyi Co., Zhongzhou Special Materials, and SRE New Materials showing significant price increases [2] - The copper market is experiencing tight supply conditions, with domestic copper inventories increasing slightly, indicating a potential stabilization in prices after recent fluctuations [4] - In the zinc market, LME zinc inventories have increased, but domestic inventories have decreased, reflecting a mixed supply situation that is influencing market sentiment positively [5] - The tin market is facing tight supply from major production areas, while demand remains weak due to reduced orders in the consumer electronics and home appliance sectors, leading to cautious purchasing behavior [6] - The silver market has seen a significant price increase following the Fed's interest rate cut, with silver prices surpassing $60 per ounce, driven by tightening supply and increased speculative interest [7]