International copper prices enter a new round of volatility and adjustment

Golden Ten Data, March 25th—According to the article, international copper prices have now entered a new adjustment period. In the short term, it is expected that the international copper market will maintain a relatively weak and volatile trend. The market’s core focus remains on the Middle East situation and the Federal Reserve’s subsequent policies, but any “black swan” event could lead to a further price decline. In the medium term, the key lies in the intensity of inventory reduction. If inventories decrease beyond expectations, copper prices will gain strong momentum for stabilization and rebound. In the long term, most market institutions still believe that structural demand growth driven by energy transition, AI computing infrastructure, and global grid upgrades, combined with rigid constraints on copper mine supply, will continue to provide strong long-term support for copper prices.