Group 1: Report Overview - The report is a daily data briefing on non - ferrous metals and precious metals, dated July 18, 2025, from Guotai Junan Futures Research Institute [1] Group 2: Gold Data - Prices: On July 17, 2025, the Shanghai Gold main contract closing price was 777.02 yuan/gram; COMEX gold main contract closing price was - 39.00 dollars/ounce; London gold spot price was 0.00 dollars/ounce; Shanghai Gold Exchange gold spot price was 2.27 yuan/gram [1] - Price Changes: Compared with previous periods, the Shanghai Gold main contract closing price had changes of 0.74 (compared to last month), 0.74 (compared to the previous trading day), - 1.56 (compared to last week); COMEX gold main contract closing price had changes of - 8.80 (compared to the previous trading day), 12.40 (compared to last week) [1] - Basis: The domestic basis (gold T + D - main contract) was - 777.02 yuan/gram; the overseas basis (LBMA gold spot - COMEX AU01) was 0.00 dollars/ounce [1] Group 3: Silver Data - Prices: On July 17, 2025, the Shanghai Silver main contract closing price was 233 yuan/kilogram; COMEX silver main contract closing price was 0.31 dollars/ounce; London silver spot price was - 36.31 dollars/ounce; Shanghai Gold Exchange silver spot price was 9123 yuan/kilogram [1] - Price Changes: Compared with previous periods, the Shanghai Silver main contract closing price had changes of 107 (compared to last week), 609 (compared to last month); COMEX silver main contract closing price had changes of 2.49 (compared to the previous trading day), - 0.64 (compared to last month) [1] - Basis: The domestic basis (AG(T + D) - main contract) was 0 yuan/gram; the overseas basis (LBMA silver spot - COMEX AG01) was - 38.19 dollars/ounce [1] Group 4: Copper Data - Prices: On July 17, 2025, the Shanghai Copper (CU) main contract closing price was 78410 yuan/ton; International Copper (BC) main contract closing price was 680 yuan/ton; LME copper 3M closing price (15:00) was 9704.50 dollars/ton; COMEX copper main contract was 5.50 dollars/pound [1] - Price Changes: Compared with previous periods, the Shanghai Copper (CU) main contract closing price had changes of 570 (compared to last month), - 20 (compared to the previous trading day), 420 (compared to last week); LME copper 3M closing price (15:00) had changes of 106.50 (compared to last week), 15.50 (compared to the previous trading day) [1] - Basis and Spreads: The Shanghai Copper monthly spread (CU00 - CU01) was - 20 yuan/ton; LME copper 0 - 3 premium/discount was - 58.71 dollars/ton; SMM1 electrolytic copper was 70 yuan/ton; regional and variety spot premiums/discounts had different values in different regions [1] - Inventory: The Shanghai Copper warehouse receipt inventory was 38239 tons [1] Group 5: Aluminum and Alumina Data - Prices: On July 17, 2025, the Shanghai Aluminum (AL) main contract closing price was 20510 yuan/ton; Alumina (AO) main contract closing price was 3133 yuan/ton; LME aluminum 3M closing price (15:00) was - 24.00 dollars/ton; COMEX aluminum main contract closing price was 2491.50 dollars/ton [1] - Price Changes: Compared with previous periods, the Shanghai Aluminum (AL) main contract closing price had changes of 95 (compared to the previous trading day), - 185 (compared to last week); Alumina (AO) main contract closing price had changes of 44 (compared to the previous trading day), 16 (compared to last week) [1] - Basis and Spreads: The Shanghai Aluminum monthly spread (AL00 - AL01) was 55 yuan/ton; Alumina - aluminum monthly spread (A000 - A001) was 18 yuan/ton; LME aluminum 0 - 3 premium/discount was - 1.24 dollars/ton; regional spot premiums/discounts had different values in different regions [1] - Inventory: The Shanghai Aluminum warehouse receipt inventory was 16920 tons; Alumina warehouse receipt inventory was 25526 tons [1] - Profit: The alumina plant profit was 340.74 yuan/ton; electrolytic aluminum plant smelting profit was 4079.71 yuan/ton [1] Group 6: Zinc Data - Prices: On July 17, 2025, the Shanghai Zinc (ZN) main contract closing price was 22295 yuan/ton; LME zinc 3M closing price (15:00) was 57 dollars/ton [1] - Price Changes: Compared with previous periods, the Shanghai Zinc (ZN) main contract closing price had changes of 165 (compared to the previous trading day), 450 (compared to last week), - 85 (compared to last month); LME zinc 3M closing price (15:00) had changes of - 24 (compared to the previous trading day), 2754 (compared to last month) [1] - Basis and Spreads: The Shanghai Zinc monthly spread (ZN00 - ZN01) was - 5 yuan/ton; LME zinc 0 - 3 premium/discount was 39.45 dollars/ton; regional spot premiums/discounts had different values in different regions [1] - Inventory: The Shanghai Zinc warehouse receipt inventory was - 202 tons; LME zinc warehouse receipt inventory was 125 tons [1] - Profit and Import: The refined zinc plant smelting profit was 216.00 yuan/ton; refined zinc spot import profit and loss was 18.52 yuan/ton; refined zinc 3M import profit and loss was - 73.24 yuan/ton [1] Group 7: Lead Data - Prices: On July 17, 2025, the Shanghai Lead (PB) main contract closing price was - 25 yuan/ton; LME lead 3M closing price (15:00) was 8.00 dollars/ton [1] - Price Changes: Compared with previous periods, the Shanghai Lead (PB) main contract closing price had changes of - 255 (compared to last week), 10 (compared to last month); LME lead 3M closing price (15:00) had changes of - 46.00 (compared to last week), 0.50 (compared to the previous trading day) [1] - Basis and Spreads: The Shanghai Lead monthly spread (PB00 - PB01) was - 25 yuan/ton; LME lead 0 - 3 premium/discount was 3.17 dollars/ton; refined lead Shanghai premium/discount was - 25 yuan/ton [1] - Inventory: The Shanghai Lead warehouse receipt inventory was - 200 tons; LME lead warehouse receipt inventory was 270950 tons [1] - Profit and Import: The refined lead spot import profit and loss was - 564.94 yuan/ton; refined lead 3M import profit and loss was 21.56 yuan/ton; recycled lead plant smelting profit was - 2.30 yuan/ton [1] Group 8: Nickel and Stainless Steel Data - Prices: On July 17, 2025, the Shanghai Nickel (NI) main contract closing price was 2220 yuan/ton; Stainless Steel (SS) main contract closing price was - 5 yuan/ton; LME nickel 3M closing price (15:00) was 140 dollars/ton [1] - Price Changes: Compared with previous periods, the Shanghai Nickel (NI) main contract closing price had changes of - 890 (compared to the previous trading day), 120500 (compared to last month), 620 (compared to last week); Stainless Steel (SS) main contract closing price had changes of 220 (compared to last week), 15 (compared to last month) [1] - Basis and Spreads: The Shanghai Nickel monthly spread (NI00 - NI01) was 60 yuan/ton; Stainless Steel monthly spread (SS00 - SS01) was - 5 yuan/ton; LME nickel 0 - 3 premium/discount was 20 dollars/ton; regional spot premiums/discounts had different values in different regions [1] - Inventory: The Shanghai Nickel warehouse receipt inventory was 21560 tons; Stainless Steel warehouse receipt inventory was 103599 tons [1] - Profit and Import: The refined nickel spot import profit and loss was 339.59 yuan/ton; refined nickel 3M import profit and loss was 356.37 yuan/ton [1] Group 9: Tin Data - Prices: On July 17, 2025, the Shanghai Tin (SN) main contract closing price was 264540 yuan/ton; LME tin 3M closing price (15:00) was 295 dollars/ton [1] - Price Changes: Compared with previous periods, the Shanghai Tin (SN) main contract closing price had changes of 600 (compared to last week), 2620 (compared to last month), 3980 (compared to the previous trading day); LME tin 3M closing price (15:00) had changes of - 65 (compared to the previous trading day), 1140 (compared to last month) [1] - Basis and Spreads: The Shanghai Tin monthly spread (SN00 - SN01) was - 140 yuan/ton; LME tin 0 - 3 premium/discount was - 188 dollars/ton; regional spot premiums/discounts had different values in different regions [1] - Inventory: The Shanghai Tin warehouse receipt inventory was 315 tons; LME tin warehouse receipt inventory was 2035 tons [1] - Profit and Import: The refined tin spot import profit and loss was 1426.43 yuan/ton; tin ore processing fee was 12000 yuan/ton [1]
有色及贵金属日度数据简报-20250718
Guo Tai Jun An Qi Huo·2025-07-18 09:54