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The prices for the period from August 19 to 23, 2024, are as follows, along with the reasons for the changes:

1. Imbalance in Supply and Demand: For some metals, particularly copper and aluminum, increased inventories have put downward pressure on prices. In the case of copper, LME inventories have recently reached a two-year high, leading to an oversupply situation relative to demand. While this has caused short-term price declines, medium- to long-term market tensions are expected to persist due to anticipated demand growth in the electric vehicle and renewable energy sectors.

2. Investor Sentiment and Market Expectations: Aluminum prices saw a short-term increase due to concerns over supply shortages in Europe. However, the outlook for aluminum demand remains weak due to economic uncertainties in China and the ongoing real estate market slump.

3. Profit-Taking by Investors: After a temporary surge in metal prices, investors took profits, leading to price corrections. This phenomenon was particularly noticeable with key metals like copper.