Before the release of the US data, the price of copper continued to fall from its five-month high.

The price of copper on the London Metal Exchange fell for the second consecutive trading day. Later this week, key employment data in the United States will be released, and the prices of base metals overall are showing a downward trend. The copper futures price fell by 0.6%, to $9,914 per ton. Earlier in Wednesday's trading session, copper prices had reached their highest level since March. The next major event in the market is the release of the US non-farm payroll report on Friday, which will provide guidance on the direction of the Federal Reserve's next interest rate policy. Over the past month, due to increasing market expectations of a rate cut by the Federal Reserve in September and the weakening US dollar, metal prices have generally risen. Recently, there has also been an improvement in market sentiment in China. Other metal prices on the London Metal Exchange have also fallen: nickel prices fell by 0.7%, aluminum prices fell by 0.7%, and zinc prices fell by 0.6%.