铜：2026 年维持看涨基本面展望-Copper_ Maintain bullish fundamental outlook in 2026

ab Global Research 5 January 2026 Copper Maintain bullish fundamental outlook in 2026 Remain bullish despite near-term disconnect between prices & physical signals LME copper prices are close to record highs at the start of 2026, consensus is bullish, net speculative positioning is elevated and copper equities have re-rated as equity investors position for tightness and further price upside…but most physical market signals are not yet reflecting the tightness the market is positioned for. Whilst the current ...