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加拿大皇家银行指出，受中东局势不确定性和中国经济数据影响，铜价有所回落；同时，也注意到加拿大相关企业的盈利情况。

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-- 加拿大皇家银行资本市场（RBC Capital Markets）在5月4日的一份报告中指出，由于市场仍在消化中东紧张局势和中国工厂数据向好之间的相互矛盾的信号，过去一周铜价小幅回落至每磅5.90美元。 RBC指出，国际铜业研究小组（International Copper Study Group）估计，2月份的铜供应过剩量为27.6万吨，高于上月的3.4万吨。但此后，由于需求似乎走强，中国的库存有所下降。 在并购方面，RBC还指出，矿业交易正在“升温”，第一季度交易额达到216亿美元，创下自2023年以来最强劲的开局，因为资本正流向那些在稳定地区确保关键矿产可靠供应的资产（引自mining.com）。 RBC表示：“由于金属价格居高不下，我们预计该行业的整合将继续。” 与此同时，加拿大皇家银行（RBC）指出，财报季已如火如荼地展开，FM、CS和HBM已于上周发布财报。该行表示，成本压力是关注焦点，FM和CS均指出，由于燃油价格上涨，现金成本可能增加约10%。RBC还补充道，IVN、LUN和NEXA将于周三收盘后发布财报。

Price: $31.49, Change: $+0.45, Percent Change: +1.45%

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