2024年全球铜需求增长2.7%，山东计划打造全球顶级铜冶炼基地

Group 1 - The international copper price is approaching $12,000 due to surging demand from AI data centers, constrained supply from mines, and tight external copper sources in the U.S. [1] - Copper prices have increased over 30% this year, potentially marking the largest annual gain since 2009 [1] - Macquarie forecasts global copper demand to reach 27 million tons in 2024, a year-on-year increase of 2.7%, with China's demand expected to grow by 3.7% [1] Group 2 - Shandong Province in Eastern China aims to become a top global copper smelting hub, with plans to expand the copper industry and achieve rapid progress in the next two years [1] - The provincial government targets a copper industry output value exceeding 2.08 trillion RMB (approximately $283.5 billion) by 2027 [1] - Despite being the largest copper importer and consumer, Shandong intends to broaden its export markets amid increasing geopolitical tensions and technological competition [4] Group 3 - The three-month copper futures price on the London Metal Exchange (LME) rose by 0.48% to $11,611.50 per ton, nearing historical highs of $11,771 [4] - Goldman Sachs analysts attribute the price surge of copper and other industrial metals to declining interest rates, a weakening dollar, and improved growth expectations for the Chinese economy [4] - A report predicts that a sustained global supply surplus will prevent copper prices from exceeding $11,000 for an extended period by 2026 [4]