Core Viewpoint - Copper prices have retreated as traders lock in profits, falling below the $13,000 per ton mark, with LME copper down 0.6% to $12,786 per ton after reaching record highs earlier in the week due to supply tightening and uncertainty over U.S. tariffs [1] Group 1 - Copper prices experienced a decline as profit-taking occurred among traders [1] - LME copper fell to $12,786 per ton after previously hitting record highs [1] - The price surge earlier in the week was driven by concerns over supply constraints and U.S. tariff uncertainties [1] Group 2 - Soojin Kim from MUFG noted that while the long-term outlook for copper remains bullish, the rapid pace of the recent price increase (over 40% rise last year, the strongest since 2009) has heightened the risk of a significant pullback due to profit-taking [1]
LME铜价因获利了结跌破13,000美元