Group 1 - Copper prices have rebounded following Federal Reserve Chairman Jerome Powell's indication of a potential interest rate cut this month, with prices reaching $10,725.05 per ton, a 1.26% increase [1] - Powell mentioned the possibility of a 25 basis point rate cut later this month, despite challenges in assessing the economic situation due to a government shutdown [3] - Recent significant disruptions in copper production, particularly from Freeport-McMoRan's Grasberg mine in Indonesia, have supported copper prices, with a projected 35% reduction in output for 2026, equating to a loss of approximately 270,000 tons of copper [3] Group 2 - The copper market has faced multiple supply interruptions, including a seismic event at the Kamoa-Kakula mine in the Democratic Republic of Congo and a collapse at the El Teniente mine in Chile, leading to reduced production forecasts [3][4] - Industry experts predict that copper prices could reach $11,000 to $12,000 per ton by the end of the year, driven by severe supply disruptions and increased investment in commodities [7] - Goldman Sachs analysts suggest that while the copper market is currently in a surplus, structural supply constraints and strong demand in key sectors may support a new price floor of $10,000 per ton [8]