周边金属涨势带动 沪铜偏强震荡【1月23日SHFE市场收盘评论】

Group 1 - The core viewpoint indicates that copper prices are experiencing a slight increase, with a closing rise of 0.64%, despite a recent overall increase in global copper visible inventory limiting price gains [1] - The production at Capstone Copper's Mantoverde copper-gold mine in northern Chile has halted due to a labor strike lasting nearly three weeks, while Freeport-McMoRan announced that about 85% of the production capacity at its Grasberg mine, the second-largest copper mine globally, will resume in the second half of this year [1] - LME copper inventory increased by 8,850 tons to 168,250 tons, marking an eight-month high, with registered warehouse receipts also rising and the cancellation ratio decreasing [1] Group 2 - New Lake Futures noted that the market sentiment is relatively weak due to a lack of further macro drivers and significant inventory accumulation in LME and domestic markets [2] - It is anticipated that the copper price will have limited downward space due to a favorable mid-term fundamental outlook and that a price correction may provide better opportunities for bullish positions once macro sentiment improves [2]