According to CoinMeta, copper prices rose during morning trading in Asia, but the worsening macroeconomic conditions cast a shadow over the outlook. Analysts noted that after Democrats swept control of Congress in the midterms, investors are re-evaluating the prospects for U.S. tariffs. At the same time, concerns that stricter regulations may suppress demand for AI-related products have also increased pressure. The supply shortage in the copper concentrate market continues, and spot processing fees remain low amid annual long-term contract negotiations, while demand remains weak. In the short term, despite support from the longer-term supply outlook, copper prices are likely to remain volatile and show a weak trend.