Group 1 - Copper stocks collectively rose, with Minmetals Resources and Jiangxi Copper both increasing by nearly 2%, China Daye Nonferrous Metals up over 1%, and China Gold International and China Nonferrous Mining also following suit [1] - Recent London copper futures have reached new highs and are currently hovering at elevated levels [1] - Goldman Sachs raised its forecast for copper prices in 2026, increasing the average price prediction from $10,650 per ton to $11,400 per ton, citing ongoing risks of U.S. tariffs on copper imports which will continue to support copper prices [1] Group 2 - Morgan Stanley predicts a copper supply shortfall of 260,000 tons in 2025, which is expected to further expand to 600,000 tons in 2026, indicating minimal capacity to absorb supply disruptions [1]
港股异动丨铜业股普涨 高盛上调明年铜价预期 大摩预计明年铜市场供应缺口进一步扩大