Copper prices fell sharply and there was not much supply in the spot market

At 1600 GMT, three-month copper on the London Metal Exchange (LME) rose 0.
6% to $10,283.
50 a tonne, recovering losses in early trading and earlier afternoon
.

The consulting firm said that on Friday, the United States will release the core PCE price index and personal spending for April, and the market is extremely concerned about
the US employment and price index in the face of the sharp rise in US prices and the continuous record high of reverse repurchase.
The prospect of renewed acceleration in consumption is prompting the market to believe that the balance of copper supply and demand will turn into a much larger gap than expected
.

Back to the copper market, copper prices rose sharply, the domestic spot discount narrowed slightly, and the spot market reflected that there was not much
supply.
Chile's two major copper mines began a strike on Thursday, and the specific impact and duration are the focus
of follow-up attention.
The consumption of Congolese exports banned from mining has not been confirmed
.

Copper prices are up 31% this year and reached a record high of $10,747.
50 on May
10.