Group 1 - LME copper prices rose over 1% on December 17, closing at $11,737 per ton, driven by concerns over potential supply shortages and a stronger financial market attracting speculative buying [1][3] - The copper market has increased approximately 34% year-to-date, with recent weeks seeing record highs due to fears of production disruptions leading to supply gaps in the coming year [3] - Other base metals on the LME also saw price increases, with three-month tin rising by $1,250 or 3.05%, and three-month aluminum up by $29 or 1.01% [2][5] Group 2 - ING's commodity strategist Ewa Manthey indicated that the copper market fundamentals remain tight, with expectations of a copper average price of $11,500 per ton in 2026, potentially reaching nearly $12,000 in the second quarter [4] - The rise in oil prices, influenced by U.S. sanctions on Venezuelan oil tankers, is expected to increase mining costs, which will be passed on to metal prices [5] - The Mozal aluminum smelter in Mozambique is set to undergo maintenance until March next year due to failed negotiations with the government over electricity supply, which will weaken global aluminum supply [5]
金属均飘红 期铜收高，受供应短缺担忧和风险偏好情绪支撑【12月17日LME收盘】
Wen Hua Cai Jing·2025-12-18 00:53