矿业ETF（561330）涨超1.6%，铜的供需格局加快转好

Group 1 - The Federal Reserve announced a 25 basis point reduction in the federal funds rate target range to 3.5%-3.75%, aligning with market expectations [1] - The supply-demand dynamics for copper are improving, coupled with a warming macro sentiment, leading to LME copper prices reaching historical highs [1] - Aluminum prices have risen to the highest level since March 2022, and with the decline in alumina prices, profits in the primary aluminum segment are expected to increase [1] Group 2 - The mining ETF (561330) tracks the non-ferrous mining index (931892), which selects listed companies involved in the mining and processing of precious and industrial metals to reflect the overall performance and market dynamics of the non-ferrous metal industry [1] - This index is characterized by strong cyclicality and is significantly influenced by the global economic environment and supply-demand relationships [1]