Group 1 - Copper and nickel prices are expected to rise weekly due to supply concerns, despite recent profit-taking by investors leading to sell-offs [1] - Shanghai Futures Exchange (SHFE) copper closed down 0.45% at 101,410 yuan per ton, but weekly it increased by 1.60%. London Metal Exchange (LME) three-month copper rebounded by 0.97% to $12,844 per ton, with a projected weekly increase of 3.24% [1] - Earlier this week, SHFE copper reached a record high of 105,500 yuan per ton, while LME copper peaked at $13,386.50 per ton. The recent pullback in copper prices was primarily driven by profit-taking [2] Group 2 - Global miners are seeking to expand their positions in copper and other metals, as copper is expected to benefit from global energy transition and electrification [3] - Glencore and Rio Tinto have resumed merger talks, which could create the world's largest mining company. Meanwhile, Anglo American and Teck Resources are nearing completion of their merger aimed at forming a copper giant [3] - SHFE nickel closed down 2.67% at 139,090 yuan per ton, but weekly it increased by 2.36%. Earlier this week, it reached a high of 149,600 yuan per ton [3]
铜和镍周线将收高,受供应担忧支撑
Wen Hua Cai Jing·2026-01-09 11:04