Base Metal Prices Fall, Though Copper Looks to Benefit From Rate Cuts -- Market Talk
August 27th, bhp group ltd CEO: The long-term demand growth for copper appears to be positive.
GrowthPros August 27th | BHP Group Ltd CEO: The long-term demand growth for copper appears to be positive.
CITIC Securities Metal Sector Report: The trend of improving performance is showing optimism about price increases to drive subsequent markets
Since 2024, the metal sector market has mainly been catalyzed by supply disturbances. Prices of commodities such as copper, tin, and tungsten have risen sharply. Furthermore, the safe-haven offline precious metals sector continues to be strong.
Is the precious metals market playing a “rich-making game”? Gold, silver and copper are “rising”, and these Hong Kong and US stocks are expected to benefit!
As investors' expectations that the Federal Reserve will lead the world's central banks to cut interest rates during the year continue to heat up, and news surrounding the helicopter accident involving the Iranian president has also stimulated safe-haven demand in the precious metals market.
Express News | Luntong fell below 9,900 US dollars/ton, falling 2.90% during the day.
The London Metal Exchange takes action! Direct attack on the chaos in the copper market
On Friday, copper inventories on the London Metal Exchange hit their lowest level since 1974, driving copper prices to the biggest weekly increase since 2016, to over 10,000 US dollars per ton.