Core Viewpoint - The copper futures market is experiencing fluctuations, with prices expected to maintain high-level volatility in the near term [1] Supply Side - SHFE copper main contract closed at 80,610 CNY/ton, up 0.57% from the previous day, marking three consecutive days of gains [1] - LME copper price rose to 9,943 USD/ton, nearing its yearly high [1] - LME inventory has increased for two consecutive days, while COMEX inventory rose to 212,139 short tons, indicating a release of hidden inventory that may alleviate delivery pressure [1] Demand Side - The refined copper rod industry is entering a low season, with high finished product inventories and pressured processing fees leading to a decline in operating rates [1] - Demand from the power and construction sectors is weakening, and downstream buyers are hesitant to purchase due to high prices [1] Inventory Dynamics - Global visible inventory shows divergence, with LME inventory increasing while SHFE inventory slightly decreased; however, both remain at historically low levels [1] - The premium for flat copper has dropped from 165 CNY/ton to 90 CNY/ton, and the premium for wet copper has plummeted from 75 CNY/ton to 20 CNY/ton, indicating weakened spot market activity [1] Market Outlook - The copper market is expected to maintain high-level volatility in the next 1-2 weeks, with supply-side disruptions from mines and inventory increases balancing each other [1] - High prices are significantly suppressing demand, while macroeconomic factors such as Federal Reserve policy divergence and geopolitical tariff risks are affecting market confidence [1] - The market dynamics are shifting towards a scenario of strong expectations versus weak realities, limiting upward momentum while providing strong support on the downside [1]

格隆汇新股 浙江杭州冲出一家文创IPO，顺为、小米押注，面临铜价波动风险 原创 阅读全文 ...

Core Viewpoint - The Tonghuashun Fruit Index concept has seen a significant increase of 4.73%, leading among concept sectors, with notable stocks such as Industrial Fulian and Pengding Holdings reaching their daily limit up [1] Group 1: Market Performance - The Tonghuashun Fruit Index concept saw 20 stocks rise, with Industrial Fulian, Pengding Holdings, and others hitting the daily limit up [1] - Leading stocks in the sector included Lens Technology, Dongshan Precision, and Lingyi iTech, which rose by 11.40%, 9.34%, and 6.75% respectively [1] - Other concept sectors showed varied performance, with the PCB concept up by 3.27% and the AI mobile sector up by 2.92%, while sectors like military restructuring and combustible ice saw declines [1] Group 2: Capital Flow - The Tonghuashun Fruit Index concept attracted a net inflow of 5.054 billion yuan, with 18 stocks receiving net inflows, and 9 stocks exceeding 100 million yuan in net inflow [1] - Industrial Fulian led the net inflow with 2.023 billion yuan, followed by Luxshare Precision, Dongshan Precision, and Lens Technology with net inflows of 597 million yuan, 560 million yuan, and 427 million yuan respectively [1] - In terms of net inflow ratios, Industrial Fulian, Lingyi iTech, and Zhongshi Technology topped the list with rates of 25.90%, 13.19%, and 12.54% respectively [2]

资金面上看，今日PET铜箔概念板块获主力资金净流入3.67亿元，其中，25股获主力资金净流入，9股 主力资金净流入超3000万元，净流入资金居首的是大东南，今日主力资金净流入1.29亿元，净流入资金 居前的还有中一科技、洪田股份、铜冠铜箔等，主力资金分别净流入1.23亿元、9027.30万元、5565.09 万元。 资金流入比率方面，中一科技、洪田股份、东峰集团等流入比率居前，主力资金净流入率分别为 21.26%、19.34%、7.57%。（数据宝） PET铜箔概念资金流入榜 截至7月3日收盘，PET铜箔概念上涨3.01%，位居概念板块涨幅第3，板块内，37股上涨，中一科技20% 涨停，洪田股份、大东南等涨停，铜冠铜箔、三孚新科、嘉元科技等涨幅居前，分别上涨13.67%、 9.94%、7.31%。跌幅居前的有经纬辉开、江南新材、海亮股份等，分别下跌7.89%、1.62%、0.75%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 果指数 | 4.73 | 兵装重组概念 | -1.49 | | PCB概念 | ...

Group 1 - The Low-E glass concept increased by 2.38%, ranking 8th among concept sectors, with seven stocks rising, including Yamaton and Yaopi Glass hitting the daily limit [1] - Notable gainers in the Low-E glass sector include Wanshun New Materials, which rose by 7.18%, and Xinsai Co., which increased by 1.37% [1] - The sector experienced a net outflow of 0.25 billion yuan in main funds, with Wanshun New Materials receiving the highest net inflow of 46.49 million yuan [2][3] Group 2 - The main fund inflow ratios for leading stocks in the Low-E glass sector are as follows: Yamaton at 52.06%, Hainan Development at 10.65%, and Wanshun New Materials at 6.50% [3] - The trading performance of key stocks includes: Wanshun New Materials up by 7.18% with a turnover rate of 16.63%, Yamaton up by 10.02% with a turnover rate of 1.29%, and Hainan Development up by 0.21% with a turnover rate of 2.82% [3][4] - Decliners in the sector include Nanbo A, which fell by 0.83%, and Sanxia New Materials, which decreased by 0.30% [1][4]

沪铜产业日报 2025/7/3 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 期货主力合约收盘价:沪铜(日,元/吨) | 80,560.00 | +20.00↑ LME3个月铜(日,美元/吨) | 9,995.00 | -18.00↓ | | 期货市场 | 主力合约隔月价差(日,元/吨) | 170.00 | -20.00↓ 主力合约持仓量:沪铜(日,手) | 224,672.00 | +1550.00↑ | | | 期货前20名持仓:沪铜(日,手) | 7,547.00 | +2459.00↑ LME铜:库存(日,吨) | 93,250.00 | +2000.00↑ | | | 上期所库存:阴极铜(周,吨) | 81,550.00 | -19264.00↓ LME铜:注销仓单(日,吨) | 31,900.00 | -75.00↓ | | | 上期所仓单:阴极铜(日,吨) | 24,103.00 | -2856.00↓ | | | | | SMM1#铜现货(日,元/吨) | 80,980.0 ...

瑞银全球矿业团队将2025及2026年铜价预测分别上调7%和4%，至每磅4.24美元及4.68美元，逆转了此 前较谨慎的需求展望，因关税不确定性的最大影响已消退。瑞银对铜价保持相当乐观的看法，受到供应 端有利动态和长期需求驱动因素的支撑。瑞银将紫金矿业目标价上调7%至25.3港元，将洛阳钼业目标 价上调12.5%至9.9港元，重申"买入"评级。 ...

Group 1 - New Asia Electronics (605277) has seen a strong performance in the stock market, reaching a limit-up price of 18.46 yuan per share [1] - The company has developed a new high-speed copper cable manufacturing technology called "lotus core high-speed wire" in collaboration with Amphenol, which has received patent authorization and is now in mass production [1][2] - The lotus core structure technology allows for the production of high-quality, high-performance high-speed copper cables without the need for imported fluoropolymer foaming equipment, addressing limitations in the current manufacturing process [1][2] Group 2 - The demand for high-speed copper cables is increasing rapidly due to the growth of data centers, and the lotus core structure is expected to become a mainstream technology solution beyond traditional foaming methods [2] - New Asia Electronics was established in 1987 and focuses on the research and manufacturing of electronic cables, with a diverse product range including precision electronics, communication optical cables, and cables for electric vehicles [3] - The company has obtained a total of 31 authorized invention patents and 164 utility model patents, serving well-known clients such as Hisense, Gree, Midea, BYD, Dell, and HP [3]

期货热点追踪 铜市供需博弈，机构预期短期价格上涨动能或将减弱？当前市场关注点有哪些？ 相关链接 ...

肖宇非 投资咨询证号：Z0018441 投资咨询业务资格：证监许可【2011】1290号 铜价格波动率（日度） | 最新价格 | 价格区间预测（月度） | 当前波动率 | 当前波动率历史百分位 | | --- | --- | --- | --- | | 80540 | 73000-80000 | 9.38% | 10.7% | source： 南华研究,同花顺 铜风险管理建议（日度） | 行为导向 | 情景分析 | 现货敞口 | 策略推荐 | 套保工具 | 买卖方向 | 套保比例 | 建议入场区间 | | --- | --- | --- | --- | --- | --- | --- | --- | | 库存管理 | 产成品库存偏高，担心价格下跌 | 多 | 做空沪铜主力期货合约 | 沪铜主力期货合约 | 卖出 | 75% | 82000附近 | | | | | 卖出看涨期权 | CU2508C82000 | 卖出 | 25% | 波动率相对稳定时 | | 原料管理 | 原料库存较低，担心价格上涨 | 空 | 做多沪铜主力期货合约 | 沪铜主力期货合约 | 买入 | 75% | 75000附近 | | | | ...