氧化铝期货的市场基差是指现货价格与期货价格之间的差异，其计算公式为：基差=现货价格-期货价 格。 这一指标反映了市场供需、仓储成本、政策预期等多重因素的动态博弈，对期货交易策略（如套期保 值、期现套利）具有重要指导意义。 基差形成的主要因素： 1、供需关系：现货市场短期紧缺（如电解铝增产或氧化铝减产）会推高现货价格，导致正基差扩大。 例如2024年12月氧化铝2501合约基差达496元/吨，因流通货源少而现货价格坚挺。期货价格若提前反映 未来供应宽松预期（如2025年新增产能释放），可能形成负基差。 2、成本与物流：铝土矿运输瓶颈或仓储成本上升会扩大基差。例如几内亚矿石出口暂停曾引发期货价 格领涨现货，导致基差为负值（-329元/吨）。 3、政策与市场预期：环保限产、关税调整等政策会引发区域性基差异动。临近交割月时，基差通常收 敛，但流动性风险可能削弱回归性。 基差对交易的意义： 1、套期保值：需动态调整头寸以对冲基差波动风险。 2、套利机会：基差偏离历史均值时（如氧化铝基差率处于统计区间80%以上），可能存在期现套利空 间。 3、价格预测：基差结构（如远月贴水）可反映市场对供需的长期预期。 ...

Price Prediction Range - The base model (low configuration) is priced between 79,800 to 89,800 yuan, targeting the lower market segment with a range of features including a 400 km range and simplified functionalities [5] - The main laser radar version is priced between 119,800 to 129,800 yuan, featuring a 650 km range and advanced driving capabilities supported by high-end configurations [5] - The top configuration is set to be below 150,000 yuan, aiming to balance brand premium and cost, with a strategy to capture the market by offering lower prices compared to competitors [5] Competitive Benchmarking - The pricing strategy is compared with competitors like Xpeng MONA M03 and BYD Seal 06 EV, indicating a need for lower pricing to gain market share [5] Brand Strategy - The company aims to achieve sales targets of 500,000 to 600,000 units by 2025, with the B01 model being crucial for entering the 100,000 yuan sedan market [5] - The core strategy is to offer "high configuration at low prices," emphasizing extreme cost-performance ratio [5]

美联储巴尔金：近期的通胀情况使得预测关税对价格的影响变得更加困难。 ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Okta (OKTA) .Okta currently has an average brokerage recommendati ...

日本央行行长植田和男：我们将不带偏见地判断我们的经济和价格预测是否会实现。 ...

日本央行行长植田和男：日本央行的经济增长和价格预测可能会根据贸易政策的变化而发生重大调整。 ...