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Copper prices edged higher as global growth concerns loom.
FTI News2025-10-06 07:00:48【Exchange Traders】9People have watched
IntroductionProcess of recovering money if you are defrauded of foreign exchange,Foreign exchange regular trading platform and traffic providers,Copper prices edged higher in early Asian trading on Monday, with market sentiment remaining complex
Copper prices edged higher in early Asian trading on Process of recovering money if you are defrauded of foreign exchangeMonday, with market sentiment remaining complex. The London Metal Exchange (LME) three-month copper contract rose 0.3% to $9,474.50 per ton, continuing its recent sensitivity to macroeconomic risks.
ANZ: Base Metals Face Greater Resistance
ANZ commodity strategists reported that with global trade tensions escalating, the base metals sector is under increasing downward pressure. Copper, in particular, due to its wide application in construction, electricity, manufacturing, and other key industries, is seen as a "barometer" of economic vitality.
ANZ noted that if global GDP growth falls below the psychological threshold of 3%, copper demand could face a risk of declining by 5% to 10%. This forecast has raised concerns in the market about the medium to long-term trend of base metals, especially in the context of slowing growth momentum in multiple regions and rising policy uncertainty.
Copper Prices Stabilize Short-Term, Focus on Macro Guidance
Although copper prices are currently trending upwards, investors remain generally cautious. As a commodity highly sensitive to economic cycles, copper prices typically react to market expectations before and after economic turning points. Therefore, any fluctuations in copper prices recently could signal changes in the global economic outlook.
Analysts point out that the future trend of the copper market will mainly be driven by the following factors:
- Manufacturing and infrastructure investment data from major Asian countries;
- Economic growth expectations and trade policy developments in the U.S. and Europe;
- The impact of Dollar movements and interest rate changes on the valuation of commodities;
- Global inventory levels and supply chain bottlenecks.
Copper's Short-Term Rise Masks Structural Risks
Despite a slight rise in early trading on Monday, the outlook for the copper market remains unclear amid escalating trade conflicts and global growth pressures. Investors need to be wary of the risk of copper price corrections if macroeconomic data falls short of expectations, and closely monitor whether policies from different countries can effectively counteract declining demand.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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