SunSirs: The Morning Post Copper on December 9th

On the previous trading day, London copper opened at 9,079.5US dollars per ton, peaked at 9,178.5 per ton, and closed at 9,092.5 US dollars per ton; Compared to the previous trading day, it rose by 2.5 US dollars/ton, an increase of 0.03%.

At the macro level, expected fluctuations are gradually receding, and the impact of Trump's policies on the future market is currently unclear. Recently, the market's expectations for the US interest rate cut process have significantly decreased, and copper prices have shown a range trend due to the weakening of macroeconomic fluctuations.

From a fundamental perspective, although raw material processing fees have rebounded compared to before, the overall gap still exists. The supply and demand of refined copper are relatively stable, and social inventory maintains a decreasing trend. But the relatively weak overseas demand makes it difficult to significantly reduce inventory, which also affects copper prices

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