The metal market is currently undergoing a consolidation phase after a period of intense pressure, with copper showing a significant recovery amid global stabilization. Market data reveals that copper contracts on the London Metal Exchange (LME) rose by 2%, reaching a price of $13,145.50 per ton after previously declining 15% from the peak recorded last week. Similar phenomena are also observed in other precious metals such as silver and gold, which are beginning to recover their positions after massive global sell-offs.
Price Contraction and Copper Rebound on the London Metal Exchange
This copper recovery marks a shift in market sentiment following a period of intensive selling. Besides copper, various other metals on the LME are also showing signs of positive recovery, indicating that the major pressures in the global metals market have passed their peak. The narrowing price gap between exchanges in New York and the LME has reduced the risk of a squeeze, although this has also weakened the short-term upward momentum for several types of metals.
Uncertainty Factors in Monetary Market Dynamics
Market expert Li Xuezhi from the Ternary Chaos Futures Research Institute analyzes that the momentum for further price increases is currently uncertain. This uncertainty is mainly related to expectations about the U.S. monetary environment, which is now more difficult to predict than before. These macroeconomic factors significantly influence the price movements of various metals, creating higher volatility in the global markets.
Mining Supply as a Long-Term Driving Force
Although short-term dynamics are filled with uncertainty, market projections indicate that prices for metals like copper are expected to remain high in the long-term perspective. The main reason is ongoing disruptions in global mining supply, which continue to limit the availability of industrial metals. This projection suggests that while short-term volatility will persist, the fundamental structure of mining supply will be a key factor shaping the future price dynamics of metals.
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Recovery of Metal Types in the Global Market: Copper Leads with a 2% Increase
The metal market is currently undergoing a consolidation phase after a period of intense pressure, with copper showing a significant recovery amid global stabilization. Market data reveals that copper contracts on the London Metal Exchange (LME) rose by 2%, reaching a price of $13,145.50 per ton after previously declining 15% from the peak recorded last week. Similar phenomena are also observed in other precious metals such as silver and gold, which are beginning to recover their positions after massive global sell-offs.
Price Contraction and Copper Rebound on the London Metal Exchange
This copper recovery marks a shift in market sentiment following a period of intensive selling. Besides copper, various other metals on the LME are also showing signs of positive recovery, indicating that the major pressures in the global metals market have passed their peak. The narrowing price gap between exchanges in New York and the LME has reduced the risk of a squeeze, although this has also weakened the short-term upward momentum for several types of metals.
Uncertainty Factors in Monetary Market Dynamics
Market expert Li Xuezhi from the Ternary Chaos Futures Research Institute analyzes that the momentum for further price increases is currently uncertain. This uncertainty is mainly related to expectations about the U.S. monetary environment, which is now more difficult to predict than before. These macroeconomic factors significantly influence the price movements of various metals, creating higher volatility in the global markets.
Mining Supply as a Long-Term Driving Force
Although short-term dynamics are filled with uncertainty, market projections indicate that prices for metals like copper are expected to remain high in the long-term perspective. The main reason is ongoing disruptions in global mining supply, which continue to limit the availability of industrial metals. This projection suggests that while short-term volatility will persist, the fundamental structure of mining supply will be a key factor shaping the future price dynamics of metals.