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（%） | | --- | --- | --- | --- | | PET铜箔 | 2.09 | 可燃冰 | -4.14 | | 光刻胶 | 1.45 | 脑机接口 | -3.34 | | BC电池 | 1.13 | 短剧游戏 | -3.07 | | 钙钛矿电池 | 1.06 | 智谱AI | -3.06 | | 航运概念 | 1.02 | 快手概念 | -2.99 | | 白酒概念 | 0.83 | MLOps概念 | -2.97 | | 兵装重组概念 | 0.80 | 华为盘古 | -2.80 | | 先进封装 | 0.79 | 财税数字化 | -2.79 | | 石墨电极 | 0.65 | 云办公 | -2.66 | | 低辐射玻璃(Low-E) | 0.64 | 小红书概念 | -2.53 | 资金面上看，今日先进封装概念板块获主力资金净流入2.75亿元，其中，54股获主力资金净流入，10股 主力资金净流入超5000万元，净流入资金居首的是强力新材，今日主力资金净流入4.61亿元，净流入资 金居前的还有三佳科技、光力科技 ...

Concept Performance - The PET copper foil concept saw a daily increase of 2.09%, while the combustible ice concept experienced a decline of 4.14% [1] - Other notable increases included photolithography at 1.45% and BC battery at 1.13%, while short drama games fell by 3.07% [1] Low-E Glass Concept - The Low-E glass concept had a net inflow of 0.45 billion yuan, with seven stocks receiving net inflows, led by Wanshun New Materials with 20.91 million yuan [1] - Key stocks in the Low-E glass concept included Wanshun New Materials, Hainan Development, and Qibin Group, with respective net inflows of 20.91 million yuan, 17.66 million yuan, and 13.23 million yuan [1] Stock Performance - As of June 20, the Low-E glass concept increased by 0.64%, ranking 10th among concept sectors, with Wanshun New Materials, Hainan Development, and Qibin Group leading the gains at 4.68%, 2.64%, and 1.62% respectively [3] - Decliners in the Low-E glass concept included XinSai Co., Sanxia New Materials, and AnCai High-Tech, with declines of 2.53%, 1.00%, and 0.22% respectively [3] Fund Flow Ratios - Fund inflow ratios were highest for Qibin Group, Wanshun New Materials, and Hainan Development, with net inflow rates of 11.05%, 7.29%, and 5.62% respectively [2][4] - Wanshun New Materials had a trading volume of 20.91 million yuan and a turnover rate of 7.81% [2]

Core Viewpoint - The perovskite battery concept has shown a positive performance with a 1.06% increase, ranking fourth among concept sectors, indicating growing investor interest and potential in this technology [1][2]. Market Performance - As of June 20, the perovskite battery sector saw 35 stocks rise, with notable performers including: - Keheng Co., Ltd. (科恒股份) reaching a 20% limit up - Saiwu Technology (赛伍技术) and GCL-Poly Energy (协鑫集成) also hitting the limit up - Jin Xin Nuo (金信诺) and Woge Optoelectronics (沃格光电) increasing by 6.43% and 4.18% respectively [1][2]. - The sector experienced a net inflow of 566 million yuan, with 31 stocks receiving net inflows, and 7 stocks exceeding 30 million yuan in net inflow [2]. Key Stocks and Their Performance - The top stocks in the perovskite battery sector based on net inflow and performance include: - Keheng Co., Ltd. (科恒股份): 20% increase, 2.51 billion yuan net inflow - GCL-Poly Energy (协鑫集成): 9.91% increase, 2.50 billion yuan net inflow - Saiwu Technology (赛伍技术): 10.04% increase, 963.47 million yuan net inflow - Jin Xin Nuo (金信诺): 6.43% increase, 581.85 million yuan net inflow [3][4]. Sector Comparison - The perovskite battery sector's performance is compared to other sectors, with notable increases in: - PET Copper Foil: 2.09% - Lithography Glue: 1.45% - BC Battery: 1.13% - Conversely, sectors like Combustible Ice and Brain-Machine Interface saw declines of -4.14% and -3.34% respectively [2].

截至6月20日收盘，BC电池概念上涨1.13%，位居概念板块涨幅第3，板块内，27股上涨，正业科技20% 涨停，赛伍技术、协鑫集成等涨停，拉普拉斯、英诺激光、回天新材等涨幅居前，分别上涨4.10%、 4.08%、3.39%。跌幅居前的有广信材料、*ST云网、海目星等，分别下跌5.03%、4.21%、2.18%。 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | PET铜箔 | 2.09 | 可燃冰 | -4.14 | | 光刻胶 | 1.45 | 脑机接口 | -3.34 | | BC电池 | 1.13 | 短剧游戏 | -3.07 | | 钙钛矿电池 | 1.06 | 智谱AI | -3.06 | | 航运概念 | 1.02 | 快手概念 | -2.99 | | 白酒概念 | 0.83 | MLOps概念 | -2.97 | | 兵装重组概念 | 0.80 | 华为盘古 | -2.80 | | 先进封装 | 0.79 | 财税数字化 | -2.79 | | 石墨电极 | 0.65 | 云办公 | -2.66 | | 低辐射玻璃(Low ...

瑞达期货研究院 「2025.06.20」 沪铜市场周报 供给收敛需求走弱，沪铜或将有所承压 研究员:王福辉 期货从业资格号 F03123381 期货投资咨询 从业证书号 Z0019878 助理研究员: 陈思嘉 期货从业资格号F03118799 业务咨询 添加客服 关 注 我 们 获 取 更 多 资 讯 目录 1、周度要点小结 2、期现市场 3、产业情况 「 周度要点小结」 行情回顾：沪铜主力合约周线先涨后跌，周线涨跌幅为-0.03%，振幅1.36%。截止本周主力合约收盘报价77990元/吨。 后市展望：国际方面，美联储6月议息-连续第四次维持利率不变，点阵图显示今年降息两次，鲍威尔继续高呼不确定性， 目前的经济情况适合观望。国内方面，国家统计局发布最新经济数据显示，5月份，全国规模以上工业增加值同比增长 5.8%，社会消费品零售总额增长6.4%。基本面上，铜精矿TC费用维持低位运行，国内港口库存快速回落，后续原料供应 或逐渐趋紧。供给方面，在铜精矿及替代品废铜、粗铜供应相对偏紧的背景下，部分冶炼厂或有被动减产检修计划产生， 精铜供给量后续增速将有所放缓。需求方面，受淡季影响，下游部分铜材加工企业订单走弱，开工 ...

Industry Overview - The PET copper foil sector is experiencing active performance, with notable stock increases for companies like Nord Shares and Yinglian Shares [1] - PET copper foil utilizes a "sandwich" structure, incorporating high polymer materials like PET as the intermediate substrate, with metal layers deposited on both sides, representing dual innovation in materials and production processes [1] - The main new technology routes for composite copper foil include one-step and two-step methods, with the one-step chemical deposition wet method showing significant advantages in production costs and fixed asset investment, as well as high product yield [1] - The rapid development of downstream industries such as new energy vehicles and energy storage is driving continuous demand for high-performance battery materials [1] Market Potential - As a lithium battery anode collector material, PET copper foil can reduce battery weight and enhance energy density, leading to an expanding market demand [1] - According to Chuan Cai Securities, if the penetration rate of composite copper foil reaches 20% by 2025, with global lithium battery shipments reaching 2000 GWh, the market space for PET composite copper foil is expected to reach 26.8 billion yuan by 2025 [1] Company Insights - Citic Securities anticipates a "stable growth period" for the composite collector industry from the second half of 2023 to the first half of 2024, marking it as the best allocation period for the industry [2] - Guojin Securities believes that composite copper foil is a rare and highly potential new direction in lithium battery materials, expected to see explosive growth by 2025 [2] - Baoming Technology has a production yield of approximately 80% for its lithium battery composite copper foil products, which are currently undergoing sample certification [2] - Nord Shares focuses on the research, production, and sales of electrolytic copper foil for lithium-ion batteries, and is also developing composite foil materials [2] - Yinglian Shares has three production lines for composite copper foil, with one line already in operation and two additional water plating lines under commissioning [2] - Zhongyi Technology is in the process of constructing a PET copper foil production line and supplies lithium battery copper foil and standard copper foil to a subsidiary of CATL [2] - Tongguan Copper Foil is engaged in ongoing research for PET copper foil, with a focus on high-precision electronic copper foil manufacturing [3] - Defu Technology is in the pilot testing stage for a new coating process aimed at large-scale production of high-quality composite copper foil [3] - Jingwei Huikai plans to invest in a composite copper (aluminum) foil manufacturing project in the Dafeng Economic Development Zone [4] - Guanghua Technology's chemicals are utilized in both one-step and two-step processes for PET composite copper foil, with a unit value of approximately 1.5 yuan [4]

交易咨询业务资格：证监许可【2012】1091号 沪铜早报- 大越期货投资咨询部 : 祝森林 从业资格证号：F3023048 投资咨询证号： Z0013626 联系方式：0575-85226759 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投资建议。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 利空： 每日观点 铜: 1、基本面：冶炼企业有减产动作，废铜政策有所放开，5月份，制造业采购经理指数为49.5%，比上月 上升0.5个百分点，制造业继续保持恢复发展态势；中性。 2、基差：现货78665，基差355，升水期货；中性。 3、库存：6月19日铜库存减4025至103325吨，上期所铜库存较上周减5461吨至101943吨；中性。 4、盘面：收盘价收于20均线下，20均线向上运行；中性。 5、主力持仓：主力净持仓空，空减；偏空。 6、预期：美联储降息放缓，库存高位去库，美国贸易关税不确定性增强，地缘扰动仍存，铜价震荡运 行为主. 近期利多利空分析 利多： 逻辑： 国内政策宽松 和 贸易战升级 风险： 自然灾害 1、俄乌,巴 ...

投资咨询业务资格：证监许可【2011】1778 号 有色金属 姓名：何彬 宝城期货投资咨询部 从业资格证号：F03090813 投资咨询证号：Z0019840 电话：0571-87006873 邮箱：hebin@bcqhgs.com 作者声明 本人具有中国期货业协会授 予的期货从业资格证书，期货投 资咨询资格证书，本人承诺以勤 勉的职业态度，独立、客观地出 具本报告。本报告清晰准确地反 映了本人的研究观点。本人不会 因本报告中的具体推荐意见或观 点而直接或间接接收到任何形式 的报酬。 有色金属 | 日报 2025 年 6 月 19 日 有色日报 专业研究·创造价值 午后铜价下行 核心观点 沪铜 今日沪铜午后下行，主力期价由 7.85 万下跌至 7.83 万一线。午 后美元指数反弹使铜价承压，金价和银价也下行明显。产业层面， 本周四电解铜社库小幅上升，使铜价承压。短线期价下挫，关注前 期价格中枢 7.8 万技术支撑。 沪铝 今日铝价午后偏弱震荡，月差持续回落。国内宏观氛围较好，黑 色板块午后偏强运行，给予铝价支撑。产业层面，本周四电解铝维持 去库，国内需求较好，库存持续去化，给予期价支撑。国内宏观向好 叠加库存 ...

以下文章来源于广发期货研究 ，作者广发期货研究所 广发期货研究 . 推送广发期货研究所的最新报告和观点 文 | 周敏波 来源 | 广发期货研究 编辑 | 杨兰 审核 | 浦电路交易员 摘要 2008年金融危机具体可分为3个阶段，铜价在3个阶段的走势存在明显差异： 1、第一阶段（2007.08-2008.06）：此阶段，美国流动性风险与次贷危机逐步浮现，但尚未对整个金融体系造成全面流动性压 力。铜价在此阶段表现为震荡中逐步创新高，LME铜价震荡区间约为6400-8700美元/吨，短期流动性风险的冲击会使得铜价下 挫，但其商品属性对价格形成支撑，流动性风险过后铜价则迎来修复。 2、第二阶段（2008.07-2008.10）：此阶段流动性危机向债务危机演化，次贷危机升级为金融危机，通过信用收缩和资产价格 暴跌传导至实体经济，全球主要经济体GDP、PMI等各项经济指标急转直下。铜的金融属性和商品属性共振，LME铜价由约 8500美元/吨单边下行至约4000美元/吨，价格直接腰斩。 3、第三阶段（2008.11之后）：为应对流动性冲击及实体经济的下行压力，全球各国普遍加码货币政策与财政政策。在全球央 行的大规模刺激政策 ...

Core Insights - The "next-use" essence is becoming a must-have option for beauty brands, with the market size in China expected to reach 7.5 billion yuan in 2024, reflecting a year-on-year growth of over 20% [1] - Major brands like OLAY, Proya, and Miss Tina are entering the next-use product space, indicating a trend where "9 out of 10 brands" are adopting this format [1] Market Trends - The next-use essence has emerged as a phenomenon in the beauty sector, highlighted by over 20 next-use essence products launched during the 618 shopping festival [2] - The cumulative filing of "next-use" products reached 6,518 by June 17, 2025, with 5,653 specifically for next-use essences [2] - In the first five months of 2025, 21 out of 24 newly launched next-use products were essences, accounting for over 87% [2] Product Development - The next-use essence market is diversifying, with brands like OLAY and Proya focusing on specific skin issues such as anti-aging and acne treatment [4] - Key ingredients in next-use essences include recombinant collagen, with some products featuring multiple types for targeted anti-aging effects [4] - The introduction of next-use formats is expanding beyond essences to include sunscreen, makeup removers, and even men's skincare products [5] Consumer Demand - Consumer education around next-use essences is maturing, and brands are encouraged to create unique advantages to stand out in a competitive market [5] - The convenience and hygiene of next-use products are appealing to consumers, especially for those with sensitive skin or post-medical treatment needs [5][6] - Social media engagement around next-use products is significant, with topics related to them generating over 1.7 billion views on platforms like Xiaohongshu [9] Industry Challenges - Some industry experts express concerns about the environmental impact of next-use packaging, which often relies on plastic materials [10] - There is a debate about the necessity of next-use formats for all products, with some suggesting that not all formulations require such packaging [10][11] - The industry is exploring more sustainable packaging options to address environmental concerns while maintaining the convenience of next-use products [10]