金属全线下跌 期铜收跌 受累于美元走升和库存增加【2月5日LME收盘】

Core Viewpoint - The London Metal Exchange (LME) three-month copper price has declined for the second consecutive trading day, influenced by rising inventories and a strengthening US dollar [1]. Group 1: Copper Market Dynamics - On February 5, three-month copper closed at $12,903.00 per ton, down $141.50 or 1.08% [1][2]. - Copper prices dropped as much as 2% earlier in the day to $12,783 due to a general decline in industrial and precious metals [3]. - Copper inventories have been rising, with LME stocks reaching 180,575 tons, the highest level since May 2025 [5]. Group 2: Influencing Factors - The strengthening US dollar has made metals priced in dollars more expensive for investors holding other currencies [4]. - The European Central Bank maintained interest rates at 2%, reinforcing market expectations for stable policies [3]. - Analyst John Meyer noted that there is no physical shortage in the copper market, as US inventories are ample [6]. Group 3: Other Base Metals Performance - Other base metals also experienced declines, with three-month aluminum down 1.38% to $3,027 per ton, zinc down 0.21% to $3,302 per ton, lead down 0.56% to $1,955.50 per ton, and nickel down 1.77% to $17,071 per ton [8][9].