Group 1 - Copper prices opened slightly higher in the morning, with an increase of over 2%, but closed with a narrower gain of 0.84% due to a pullback after initial gains [1] - Domestic policy support has boosted expectations for copper demand, while a decline in precious metals has exerted some downward pressure on copper prices [1] - The December manufacturing PMI in China returned to the expansion zone, indicating an overall recovery in economic sentiment [1] Group 2 - The Federal Reserve's December meeting minutes were relatively neutral, with limited guidance for the market, and the dollar index saw a slight increase [2] - The Fed is expected to conduct over $200 billion in reserve management bond purchases in the next 12 months to alleviate liquidity demands at the end of the quarter [2] - Global electrification and the AI technology revolution are anticipated to create strong growth opportunities for copper demand, despite slow recovery in global mining production [2]
需求预期受振 沪铜暂时企稳【12月31日SHFE市场收盘评论】
Wen Hua Cai Jing·2025-12-31 09:51