Copper prices rose during the U.S. government shutdown, with supply-side disruptions continuing to provide support.

Jin10 data reported on October 7th, influenced by investors focusing on the Fed's interest rate outlook during the U.S. government shutdown, copper prices have seen a rise. The copper futures price on the London Metal Exchange rose as much as 0.6% during the session, continuing the significant rebound momentum since the beginning of this month. Previously, supply disruptions from a large copper mine in Indonesia and other regions have provided support for copper prices. Meanwhile, although traders still bet that the Fed will further implement monetary easing policies, the U.S. government shutdown has led to delays in the release of economic data that may affect the Fed's policy outlook. Traders are also paying attention to the production outlook of the Grasberg copper mine owned by Freeport-McMoRan — production has been hindered since a landslide incident last month. The company stated on Sunday that it has found the bodies of the workers who were victims of the incident, but has not yet updated its latest production expectations since previously lowering the production guidance.