Macro Tailwinds
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Copper Firmed; Lithium Rebounded; Steel Stayed Resilient: None-20260819
野村证券· 2026-08-19 16:11
Accessible version Basic Materials - China Copper Firmed; Lithium Rebounded; Steel Stayed Resilient Industry Overview Copper Supported by Macro Tailwinds; Lithium Rebounds Softer US macro data, domestic policy support and ongoing Middle East tensions supported copper prices during the week, while low domestic inventories continued to underpin fundamentals despite weak import arbitrage, seasonal demand softness and subdued spot trading activity. LME copper rose 1.4% WoW to US$14,394/t, while Changjiang coppe ...