铜冠金源期货商品日报-20251017

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - Overseas risk - aversion sentiment is fermenting. A - shares are experiencing wide - range fluctuations and increased differentiation. In the short - term, the stock market is expected to be weak, while in the long - term, there is value in bargain - hunting. The bond market is expected to be strong in the short - term [2][3]. - Precious metals are expected to continue their upward trend, and the short - squeeze in silver is still ongoing. The international silver price is expected to reach $60 per ounce [4][5]. - Copper prices are expected to continue to fluctuate in the short - term, and attention should be paid to the evolution of Sino - US trade relations [6][7]. - Aluminum prices are expected to maintain a favorable trend due to good fundamentals [8]. - Alumina prices are expected to remain weak in the short - term, but the downward space is limited [9][10]. - Zinc prices are expected to continue to fluctuate in a narrow range, waiting for macro - factor guidance [11]. - Lead prices are under adjustment pressure due to the weakening of fundamental support [12]. - Tin prices are expected to maintain a high - level oscillation [13][14]. - Industrial silicon prices are expected to maintain a low - level oscillation in the short - term [15][16]. - Lithium prices are cautiously bullish in the short - term [17][18]. - Nickel prices are expected to oscillate strongly [19][20]. - Attention should be paid to the opportunity of correcting the price difference between soda ash and glass [21][22]. - Steel prices are expected to oscillate under pressure [23][24]. - Iron ore prices are expected to oscillate and adjust [25]. - Bean and rapeseed meal prices are expected to oscillate weakly in the short - term [26][27]. - Palm oil prices are expected to oscillate widely in the short - term [28][29]. Summary by Related Catalogs 1. Metal Main Variety Trading Data - The report provides yesterday's trading data of main metal futures, including closing prices, changes, change percentages, trading volumes, and open interests of various metal contracts such as copper, aluminum, zinc, lead, etc. [30] 2. Industrial Data Perspective - Copper: SHFE copper main contract price dropped, LME copper price rose. LME copper inventory decreased, and SHFE copper inventory remained unchanged. The spot premium of SHFE copper remained stable, and the LME copper premium decreased [31]. - Nickel: SHFE nickel main contract price rose, LME nickel price rose. SHFE nickel warehouse receipts decreased, and LME nickel inventory increased [31]. - Zinc: SHFE zinc main contract price dropped, LME zinc price rose. SHFE zinc warehouse receipts increased, and LME zinc inventory decreased [34]. - Lead: SHFE lead main contract price rose, LME lead price rose. SHFE lead warehouse receipts remained unchanged, and LME lead inventory increased [34]. - Aluminum: SHFE aluminum main contract price rose, LME aluminum price rose. SHFE aluminum warehouse receipts increased, and LME aluminum inventory decreased [34]. - Alumina: SHFE alumina main contract price dropped, and the national average spot price of alumina decreased. SHFE alumina warehouse receipts decreased [34]. - Tin: SHFE tin main contract price dropped, LME tin price rose. SHFE tin warehouse receipts decreased, and LME tin inventory remained unchanged [34]. - Precious Metals: COMEX gold and silver prices rose. There were changes in the price differences between futures and spot prices of gold and silver [34]. - Steel and Iron Ore: The prices of rebar, hot - rolled coils, and iron ore futures had different trends. There were also changes in relevant price differences and shipping rates [36]. - Coking Coal and Coke: The prices of coking coal and coke futures rose. There were changes in price differences and basis [36]. - Lithium: The price of lithium carbonate futures rose, and relevant spot prices remained stable [36]. - Industrial Silicon: The price of industrial silicon futures rose, and relevant spot prices had different trends [36]. - Bean and Rapeseed Meal: CBOT soybean and bean oil prices rose, and the prices of bean and rapeseed meal futures had different trends. There were also changes in import prices and price differences [36][38].