Core Viewpoint - The London Metal Exchange (LME) copper futures prices experienced fluctuations, opening at $9,625 per ton and currently trading at $9,661.5 per ton, reflecting a 0.28% increase [1] Group 1: LME Copper Futures Performance - On August 5, LME copper futures opened at $9,697.5, reached a high of $9,747.5, a low of $9,627.0, and closed at $9,633.0, marking a decrease of 0.77% [1] - The current trading session saw a peak of $9,663.5 and a low of $9,622.5 [1] Group 2: Copper Inventory and Warehouse Data - As of August 5, LME registered copper warrants totaled 141,850 tons, with 12,000 tons canceled, resulting in a net decrease of 75 tons; total copper inventory increased by 14,275 tons to 153,850 tons [1] - On the same day, the Shanghai Futures Exchange reported copper warrants at 18,767 tons, a decrease of 1,581 tons compared to the previous trading day [1] Group 3: Import and Market Conditions - The electrolytic copper spot price ratio between Shanghai and London was recorded at 8.1, with the import profit and loss standing at -262.02 yuan per ton, compared to -148.82 yuan per ton from the previous trading day [1]