Copper prices rose during the US government shutdown as supply-side disruptions continued to provide support
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最新报道：According to Bijie.com and ME, copper prices rose on October 7 (UTC+8) as investors focused on the Federal Reserve's interest rate outlook during the US government shutdown. London Metal Exchange copper futures rose as much as 0.6% intraday, continuing their sharp rebound this month. Supply disruptions at a major Indonesian copper mine and elsewhere had previously supported copper prices. Meanwhile, while traders remain betting on further monetary easing from the Federal Reserve, the US government shutdown has hindered the release of economic data that could impact the Fed's policy outlook. Traders are also focused on the production outlook at Freeport-McMoRan's Grasberg copper mine, which has been hampered since a mudslide last month. The company announced on Sunday that the remains of the workers killed in the accident had been recovered, but has not yet updated its production forecast since lowering its guidance.
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