有色及贵金属日度数据简报-20250929

Report Industry Investment Rating - There is no information provided regarding the industry investment rating in the report. 2. Core Viewpoints of the Report - The report presents the daily data briefing of non - ferrous and precious metals on September 29, 2025, including the prices, basis, inventory, and import/export profitability of various metals such as gold, silver, copper, aluminum, zinc, lead, nickel, stainless steel, and tin. 3. Summary by Metal Categories Gold (AU) - Prices: On September 29, 2025, the closing price of SHFE gold main contract was 866.52 yuan/gram, the closing price of SHFE gold near - month contract was 863.60 yuan/gram, the closing price of COMEX gold main contract was 9.30 US dollars/ounce, and the closing price of COMEX gold near - month contract was 93.60 US dollars/ounce. The London gold spot price was 3759.30 US dollars/ounce, and the SGE gold spot price was 851.15 yuan/gram [1]. - Basis: The domestic basis (gold T + D - main contract) was - 0.86 yuan/gram, and the overseas basis (LBMA gold spot - COMEX AU01) was 29.80 US dollars/ounce [1]. Silver (AG) - Prices: The closing price of SHFE silver main contract was 10939 yuan/kilogram, the closing price of SHFE silver near - month contract was 10912 yuan/kilogram, the closing price of COMEX silver main contract was 0.90 US dollars/ounce, and the closing price of COMEX silver near - month contract was 1.05 US dollars/ounce. The London silver spot price was 2.76 US dollars/ounce, and the SGE silver spot price was 10551 yuan/kilogram [1]. - Basis: The domestic basis (AG(T + D) - main contract) was 2 yuan/gram, and the overseas basis (LBMA silver spot - COMEX AG01) was - 0.84 US dollars/ounce [1]. Copper (CU, BC) - Prices: The closing price of SHFE copper (CU) main contract was 82370 yuan/ton, and the closing price of SHFE copper (CU) continuous contract was 82390 yuan/ton. The closing price of international copper (BC) main contract was 73220 yuan/ton, and the closing price of international copper (BC) continuous contract was 73010 yuan/ton. The LME copper 3M closing price (15:00) was 10275.00 US dollars/ton, and the COMEX copper main contract price was 4.76 US dollars/pound [1]. - Basis and Spreads: The SHFE copper monthly spread (CU00 - CU01) was 20 yuan/ton, the international copper monthly spread (BC00 - BC01) was - 30 yuan/ton, the LME copper 0 - 3 spread was - 2.36 US dollars/ton. There were also various spot spreads and import/export profit - loss data [1]. - Inventory: SHFE copper warehouse receipt inventory was 25603 tons, international copper warehouse receipt inventory was 2776 tons, LME copper warehouse receipt inventory was - 3250 tons, and COMEX copper warehouse receipt inventory was 322284 short tons [1]. Aluminum and Alumina (AL, AO) - Prices: The closing price of SHFE aluminum (AL) main contract was 20730 yuan/ton, and the closing price of SHFE aluminum (AL) continuous contract was 20745 yuan/ton. The closing price of alumina (AO) main contract was 2904 yuan/ton, and the closing price of alumina (AO) continuous contract was 2852 yuan/ton. The LME aluminum 3M closing price (15:00) was 2665.50 US dollars/ton, and the COMEX aluminum main contract closing price was 2578.25 US dollars/ton [1]. - Basis and Spreads: The SHFE aluminum monthly spread (AL00 - AL01) was 5 yuan/ton, the alumina monthly spread (A000 - A001) was - 17 yuan/ton, the LME aluminum 0 - 3 spread was - 3 US dollars/ton. There were also regional spot spreads and import/export profit - loss data [1]. - Inventory: SHFE aluminum warehouse receipt inventory was 59747 tons, alumina warehouse receipt inventory was 149211 tons, LME aluminum warehouse receipt inventory was 517700 tons, and COMEX aluminum warehouse receipt inventory was 322284 tons [1]. Zinc (ZN) - Prices: The closing price of SHFE zinc (ZN) main contract was 21800 yuan/ton, and the closing price of SHFE zinc (ZN) continuous contract was 21755 yuan/ton. The LME zinc 3M closing price (15:00) was 2902 US dollars/ton [1]. - Basis and Spreads: The SHFE zinc monthly spread (ZNOO - ZN01) was - 15 yuan/ton, the LME zinc 0 - 3 spread was 1.85 US dollars/ton. There were also regional spot spreads and import/export profit - loss data [1]. - Inventory: SHFE zinc warehouse receipt inventory was 59264 tons, and LME zinc warehouse receipt inventory was 41950 tons [1]. Lead (PB) - Prices: The closing price of SHFE lead (PB) main contract was 16855 yuan/ton, and the closing price of SHFE lead (PB) continuous contract was 16855 yuan/ton. The LME lead 3M closing price (15:00) was 1993.00 US dollars/ton [1]. - Basis and Spreads: The SHFE lead monthly spread (PB00 - PB01) was - 35 yuan/ton, the LME lead 0 - 3 spread was - 0.50 US dollars/ton. There were also refined lead Shanghai spreads and import/export profit - loss data [1]. - Inventory: SHFE lead warehouse receipt inventory was 31946 tons, and LME lead warehouse receipt inventory was 218825 tons [1]. Nickel and Stainless Steel (NI, SS) - Prices: The closing price of SHFE nickel (NI) main contract was 121100 yuan/ton, and the closing price of SHFE nickel (NI) continuous contract was 120820 yuan/ton. The closing price of stainless steel (SS) main contract was 12760 yuan/ton, and the closing price of stainless steel (SS) continuous contract was 12620 yuan/ton. The LME nickel 3M closing price (15:00) was 15220 US dollars/ton [1]. - Basis and Spreads: The SHFE nickel monthly spread (NI00 - NI01) was - 280 yuan/ton, the stainless steel monthly spread (SS00 - SS01) was - 20 yuan/ton, the LME nickel 0 - 3 spread was - 190 US dollars/ton. There were also regional spot spreads and import/export profit - loss data [1]. - Inventory: SHFE nickel warehouse receipt inventory was 3284 tons, stainless steel warehouse receipt inventory was - 655 tons, and LME nickel warehouse receipt inventory was 230124 tons [1]. Tin (SN) - Prices: The closing price of SHFE tin (SN) main contract was 272410 yuan/ton, and the closing price of SHFE tin (SN) continuous contract was 271910 yuan/ton. The LME tin 3M closing price (15:00) was 34550 US dollars/ton [1]. - Basis and Spreads: The SHFE tin monthly spread (SN00 - SN01) was - 30 yuan/ton, the LME tin 0 - 3 spread was 38 US dollars/ton. There were also regional spot spreads and import/export profit - loss data [1]. - Inventory: SHFE tin warehouse receipt inventory was 5950 tons, and LME tin warehouse receipt inventory was 2775 tons [1].