Group 1 - The core viewpoint indicates that despite a cooling industrial economic activity in China before the Spring Festival, strong buying interest persists, leading to a potential increase in copper prices [1][2] - The latest closing price for London copper is reported at $13,239 per ton, with a rise of $139, or 1.08%, and trading volume increased significantly [1] - Domestic copper futures opened higher and traded around 102,280 yuan per ton, reflecting a rise of approximately 0.35% [1] Group 2 - The macroeconomic context shows that the U.S. labor market is stabilizing, with non-farm employment data exceeding expectations, which typically would pressure copper prices but has not deterred bullish sentiment [1][2] - The domestic market is experiencing a subdued trading atmosphere due to the upcoming holiday, but supply disruptions and a tight copper concentrate market continue to support prices [2] - It is anticipated that copper prices will consolidate before the holiday, with support levels between 98,000 and 103,000 yuan per ton, suggesting a cautious approach for investors [2]
长江有色：CPI公布前多头势力强劲 12日铜价或上涨
Xin Lang Cai Jing·2026-02-12 03:04