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2025-09-12 19:55:05
[Market Analysis: Indonesian mine disaster and the prospect of interest rate cuts drive copper prices up] Copper prices are expected to rise strongly this week as a large copper mine in Indonesia remains shut down, raising concerns about supply. LME rose 2.5% this week. Expectations of monetary policy have boosted confidence across the industrial metals industry and improved the demand outlook. ANZ analysts said: "The prolonged shutdown of the world's second-largest copper mine is likely to tighten the market." At the same time, expectations of looser monetary policy in the United States have boosted confidence across the industrial metals industry and improved the demand outlook.
