铜铝行情火热，工业有色ETF（560860）规模站上120亿

Core Viewpoint - Domestic copper and aluminum futures prices continue to rise, with over 10% increase in the past month, driven by strong demand expectations from the largest consumer and the growth of data centers for artificial intelligence [1] Group 1: Market Performance - As of January 12, 2026, international copper futures rose by 1.63%, closing at $13,209.5 per ton, nearing record highs [1] - The Industrial Nonferrous ETF (560860) has attracted significant capital inflows, with over 1 billion yuan net inflow on January 12 alone, totaling 18.8 billion yuan over the past five trading days and 54 billion yuan over the last 60 days [1][3] Group 2: ETF Details - The Industrial Nonferrous ETF (560860) tracks the CSI Industrial Nonferrous Metals Theme Index, covering leading companies in copper, aluminum, and rare earths [4] - The ETF has seen its scale grow rapidly, surpassing 10 billion yuan on January 6 and exceeding 12 billion yuan by January 12 [3] Group 3: Demand and Supply Outlook - The current loose monetary policy from the Federal Reserve, combined with strong demand and limited supply, is expected to support the ongoing nonferrous metal bull market [4] - The CSI Industrial Nonferrous Metals Theme Index consists of 30 leading companies in the industrial nonferrous metal sector, with copper (34.4%), aluminum (21.8%), and rare earths (13.6%) being the top three metals, accounting for nearly 70% of the index [6]