铜的期货价格近日每吨突破一万美元，预计明年空调价格有上涨压力

Group 1: Copper Price Trends - Copper prices are currently at historical highs, with LME futures reaching $10,800 per ton on November 24, and peaking at $11,200 per ton at the end of October, marking the highest level since May 2024. Goldman Sachs forecasts copper prices to range between $10,000 and $11,000 in the next two years due to supply constraints and increased demand from AI applications [1][2] - The closure of Indonesia's Grasberg copper mine due to landslides has contributed to a year-on-year increase of 3.94% in LME copper prices in September, while domestic copper prices in China have also reached annual highs [1] Group 2: Impact on Air Conditioning Industry - Rising copper prices have significantly increased production costs for air conditioning manufacturers, with costs expected to rise by approximately 8% since April. However, due to intense market competition, air conditioning prices have not been able to increase correspondingly, which may impact industry profits [2][3] - The air conditioning industry is facing a new round of market reshuffling, with larger companies benefiting more from national subsidy policies, while smaller firms are under increased pressure and shifting towards exports. The rising costs may accelerate this reshuffling process [3] Group 3: Material Substitution Trends - The high copper prices are prompting discussions about substituting aluminum for copper in air conditioning components. The technology for using aluminum and steel in various parts has been maturing for about a decade, and the industry is expected to continue developing standards for the reliability and corrosion resistance of aluminum components [3]