每经AI快讯，有投资者在投资者互动平台提问：请问近两年是否出口欧盟国家？ 明泰铝业（601677.SH）1月9日在投资者互动平台表示，您好！公司整体外贸业务占总销量的 20%~30%，出口市场包括欧洲国家。随着碳边境税的开征，公司再生铝产品的低碳优势将进一步提 升。谢谢！ （文章来源：每日经济新闻） ...

目前，全球石脑油市场处于分化状态。标普全球能源旗下普氏能源资讯预计，2026年，全球石脑油市场 将延续这种态势。在亚洲，受东亚持续推进产能优化调整，叠加俄罗斯石脑油供应存在不确定性的双重 影响，2026年亚洲石脑油市场将持续面临石化品利润疲软带来的压力;欧洲石脑油市场以结构性收缩为 主;美国石脑油市场则将温和回升。 在亚洲，产能优化调整是当前市场关注的核心议题。其中，韩国石化行业的重组计划对亚洲石脑油进口 需求的利空影响备受瞩目。韩国政府于2025年8月公布石化行业重组方案，拟削减国内生产商总计270万 至370万吨/年的乙烯产能，涉及蔚山、大山、丽水等地的石化联合体。韩国政府同时设定2025年12月为 重组方案提交截止日期，按期提交方案的企业可获得财政补贴等政策支持，助力其向更可持续、高效的 运营模式转型。目前，现代化学和乐天化学已提交大山联合体的产能缩减计划，LG化学与GS加德士也 在探讨丽水石脑油裂解装置的整合事宜，其他韩国生产商的具体方案仍有待公布。现阶段重组计划尚处 初期推进阶段，具体时间表尚未明确。 日本市场方面，受石化产品利润低迷和装置关停计划影响，石脑油需求整体呈平稳下行态势。丸善千叶 工厂的 ...

标普全球能源旗下普氏能源资讯的展望显示，2026年全球石脑油市场将延续当前的分化态势，亚洲、欧 洲和美国三大区域市场呈现截然不同的供需前景。 在亚洲市场，东亚地区的产能优化调整是影响需求的核心因素。韩国政府于2025年8月公布了石化行业 重组方案，计划削减国内生产商总计270万至370万吨/年的乙烯产能。根据该方案，现代化学和乐天化 学已提交大山联合体的产能缩减计划，LG化学与GS加德士也在探讨丽水石脑油裂解装置的整合事宜。 韩国政府设定2025年12月为重组方案提交截止日期，按期提交的企业可获得财政补贴等政策支持。日本 市场方面，受石化产品利润低迷和装置关停计划影响，石脑油需求整体呈平稳下行态势。丸善千叶工厂 的石脑油裂解装置计划于2026至2027年关停；出光兴产与三井化学已决定整合千叶地区的乙烯产能，将 联合年产能降至55万吨。 美国市场则有望温和回升。受益于页岩气乙烷替代效应趋缓，叠加墨西哥湾沿岸新建石化项目投产，石 脑油需求增速有望回升至1.8%。尽管乙烷裂解仍占主导，但部分柔性进料装置为优化利润将增加石脑 油采购，同时高辛烷值汽油调和对石脑油的稳定需求构成支撑。跨大西洋贸易流向优化，美国轻质石脑 ...

俄罗斯货源的不确定性是亚洲石脑油市场另一大变量。新加坡交易商称，自2025年10月美国实施制裁以 来，市场对俄罗斯货源的审查趋严，显著抑制了买家的采购兴趣，亚洲主要进口地区的买家纷纷减少对 俄石脑油的采购。为填补俄货源供应缺口，在欧洲市场疲软的背景下，更多来自欧美地区的套利货源正 流向亚洲市场。尽管俄乌和谈仍在推进，但多位亚洲贸易人士认为，俄罗斯石脑油供应的不确定性仍未 消除。不过他们表示，即便俄货源供应减少，当前市场供应仍较为充足;加之巴林石油公司锡特拉炼油 厂完成升级改造后，巴林炼油总产能将提升至40.5万桶/日，未来石脑油供应有望进一步增加。 在欧洲，由于碳中和政策的深化和炼厂关停潮的影响，预计2026年传统石油基石脑油需求将以年均 1.2%的速度递减。此外，欧盟碳边境税(CBAM)将使生产成本增加25美元/吨，进一步抑制需求。不过， 航空燃料调和需求及生物基石脑油替代项目推进，将部分抵消下滑压力，德国巴斯夫等企业的生物基项 目逐步落地，可再生石脑油占比稳步提升。 而美国市场受益于页岩气乙烷替代效应趋缓，叠加墨西哥湾沿岸新建石化项目投产，石脑油需求增速有 望回升至1.8%。尽管乙烷裂解仍占主导，但部分柔 ...

目前，全球石脑油市场处于分化状态。标普全球能源旗下普氏能源资讯预计，2026年，全球石脑油市场 将延续这种态势。在亚洲，受东亚持续推进产能优化调整，叠加俄罗斯石脑油供应存在不确定性的双重 影响，2026年亚洲石脑油市场将持续面临石化品利润疲软带来的压力;欧洲石脑油市场以结构性收缩为 主;美国石脑油市场则将温和回升。 在亚洲，产能优化调整是当前市场关注的核心议题。其中，韩国石化行业的重组计划对亚洲石脑油进口 需求的利空影响备受瞩目。韩国政府于2025年8月公布石化行业重组方案，拟削减国内生产商总计270万 至370万吨/年的乙烯产能，涉及蔚山、大山、丽水等地的石化联合体。韩国政府同时设定2025年12月为 重组方案提交截止日期，按期提交方案的企业可获得财政补贴等政策支持，助力其向更可持续、高效的 运营模式转型。目前，现代化学和乐天化学已提交大山联合体的产能缩减计划，LG化学与GS加德士也 在探讨丽水石脑油裂解装置的整合事宜，其他韩国生产商的具体方案仍有待公布。现阶段重组计划尚处 初期推进阶段，具体时间表尚未明确。 日本市场方面，受石化产品利润低迷和装置关停计划影响，石脑油需求整体呈平稳下行态势。丸善千叶 工厂的 ...

Domestic News - The Ministry of Industry and Information Technology (MIIT) is soliciting public opinions on seven mandatory national standards, including safety technical requirements for car door handles and an English version of the mandatory national standard for electric vehicle safety [2] - Chongqing is promoting the development of "AI+" smart connected new energy vehicles, focusing on AI applications in areas such as assisted driving and intelligent interaction [3] - Sichuan is increasing support for the hydrogen energy industry, with significant progress in the hydrogen energy application and infrastructure development over the past year and a half [4] - Guangzhou has achieved full-scale open demonstration operations for autonomous driving, with 19 operational routes connecting major transport hubs to the city center [5] - CATL and Lantu have signed a ten-year deepening cooperation agreement, focusing on battery technology and supply chain collaboration [6] - BYD has officially announced the production of its 15 millionth new energy vehicle, achieving this milestone in just 13 months [7] - Li Auto has officially entered the markets of Egypt, Kazakhstan, and Azerbaijan, expanding its global presence with three main models [8] - Envision AESC has launched its battery super factory in Sunderland, UK, with a planned capacity of 15.8 GWh, capable of supplying batteries for over 200,000 electric vehicles annually [9] International News - The EU plans to expand the carbon border tax to include automotive parts, aiming to close loopholes that allow foreign manufacturers to evade climate-related costs [10] - Thailand will impose VAT and customs duties on all imported goods starting January 1, 2026, affecting automotive parts and aiming to protect local businesses [11] - Japan's NTT Group plans to deploy over 1,000 autonomous vehicles nationwide by 2030 to address the shortage of drivers in an aging society [12] - Kia intends to restart its sales operations in Malaysia through a new wholly-owned subsidiary in early 2026 [13] Commercial Vehicles - Dongfeng Liuzhou Automobile has joined Huawei's supercharging alliance to promote all-electric logistics, with a reported 34% year-on-year increase in commercial vehicle sales [14] - GAC Aion has secured 300 million yuan in financing to enhance its capabilities in the new energy commercial vehicle sector [15] - Cangzhou has issued a plan to improve air quality, emphasizing the transition to new energy vehicles in various sectors by 2027 [16] - Bosch is betting on hydrogen-powered heavy trucks, predicting a market explosion around 2027 as hydrogen fuel cell technology matures [17][18]

The European Union will not exempt Britain from its CO2 emissions fee on imported goods until the two sides link their carbon markets, the bloc's climate chief said on Wednesday. ...

摘要北京时间周三(12月17日)亚市盘中，美元指数交投于98.187附近，现货黄金开盘于4301.84美元/盎 司，目前交投于4317.57美元/盎司附近，黄金t+d交投于971.80元/克附近，沪金主力交投于976.98元/克附 近。 北京时间周三(12月17日)亚市盘中，美元指数交投于98.187附近，现货黄金开盘于4301.84美元/盎司，目 前交投于4317.57美元/盎司附近，黄金t+d交投于971.80元/克附近，沪金主力交投于976.98元/克附近。 上一交易日美元指数收跌0.05%，报98.225，现货黄金收跌0.05%，报4302.28美元/盎司。在现货黄金下 跌之际，其他贵金属涨跌不一：现货白银收跌0.47%，报63.74美元/盎司；现货铂金收涨3.54%，报 1847.80美元/盎司；现货钯金收涨2.13%，至1606.00美元/盎司。 12月16日COMEX黄金库存1119.46吨，较前一交易日增加0.75吨；COMEX白银库存14116.20吨，较前一 交易日减少22.22吨。 12月16日SPDR黄金ETF持仓1051.69吨，较前一个交易日保持不变；SLV白银ETF持仓16018 ...

1. Report Industry Investment Rating - No information provided in the report. 2. Core Views of the Report - Gold: Unemployment is rising [2] - Silver: Undergoing high - level adjustment [2] - Copper: The weakening dollar supports prices [2] - Zinc: Domestic and overseas markets are in resonance [2] - Lead: Lacking price drivers and experiencing price fluctuations [2] - Tin: Supply is disrupted again [2] - Aluminum: Trading sideways [2] - Alumina: Slightly rebounding [2] - Cast aluminum alloy: Following the trend of electrolytic aluminum [2] - Platinum: Showing a strong upward momentum [2] - Palladium: Continuously breaking through resistance levels and approaching previous highs [2] - Nickel: The structural surplus is changing, and attention should be paid to Indonesia's policy risks [2] - Stainless steel: Supply and demand are both weak, and steel prices are fluctuating at low levels [2] 3. Summary by Related Catalogs Gold - **Fundamentals**: The closing prices of various gold futures and spot products showed fluctuations. For example, the closing price of Shanghai Gold 2602 was 971.42, with a daily decline of 1.19%. Trading volume decreased, and inventory changes were relatively small [4] - **News**: US non - farm payrolls in October had the largest decline in five years, recovered in November but remained weak overall, and the unemployment rate reached a four - year high [4] - **Trend Intensity**: 0, indicating a neutral trend [8] Silver - **Fundamentals**: Similar to gold, silver prices fluctuated, trading volume decreased, and inventory changes were significant in some cases. For example, the Shanghai Silver 2602 closing price was 14666, with a daily decline of 0.85% [4] - **Trend Intensity**: 0, indicating a neutral trend [8] Copper - **Fundamentals**: The closing prices of Shanghai and London copper futures declined. Trading volume and open interest decreased. Inventory changes were mixed, and spot - futures spreads also changed [10] - **News**: In November, US non - farm payrolls exceeded expectations, but the unemployment rate unexpectedly reached a four - year high. In October, Codelco's copper production in Chile decreased by 14.3% year - on - year, while Peru's copper production increased by 4.8% [10][12] - **Trend Intensity**: 0, indicating a neutral trend [12] Zinc - **Fundamentals**: The closing prices of Shanghai and London zinc futures declined. Trading volume and open interest decreased. Spot premiums and discounts, inventory, and other indicators also changed [13] - **News**: US retail sales in October were flat overall, but core indicators strongly supported Q4 growth. The eurozone's December manufacturing PMI contracted further [14] - **Trend Intensity**: - 1, indicating a slightly bearish trend [15] Lead - **Fundamentals**: The closing prices of Shanghai and London lead futures declined. Trading volume and open interest showed different trends, and inventory and price spreads changed [16] - **News**: Similar to copper, US non - farm payrolls and the eurozone's manufacturing PMI had a certain impact [17] - **Trend Intensity**: 0, indicating a neutral trend [17] Tin - **Fundamentals**: The closing prices of Shanghai and London tin futures declined. Trading volume decreased, and inventory and price spreads changed [19] - **News**: Similar to gold, including US non - farm payrolls and other macro - news [20] - **Trend Intensity**: - 1, indicating a slightly bearish trend [21] Aluminum, Alumina, Cast Aluminum Alloy - **Fundamentals**: Aluminum prices were trading sideways, alumina prices slightly rebounded, and cast aluminum alloy followed electrolytic aluminum. Various futures and spot indicators such as closing prices, trading volume, open interest, inventory, and price spreads changed [22] - **News**: China plans to promote investment and consumption growth next year, and the real estate supply side will control increments and revitalize stocks. The US labor market is cooling [23] - **Trend Intensity**: 0, indicating a neutral trend for all three [23] Platinum and Palladium - **Fundamentals**: Platinum and palladium prices rose, trading volume and open interest changed, and ETF holdings and price spreads also changed [26] - **News**: US non - farm payrolls, ADP employment reports, and news related to the Fed chair candidate and international trade policies [29] - **Trend Intensity**: 1, indicating a slightly bullish trend for both [28] Nickel and Stainless Steel - **Fundamentals**: Nickel and stainless steel prices declined. Various industry indicators such as trading volume, open interest, product prices, and spreads changed [30] - **News**: Indonesian nickel mines have been affected by regulatory actions, China has adjusted import subsidies, and the US may impose additional tariffs on China. Also, some US Fed officials have made dovish statements, and China will implement export license management for some steel products [30][33] - **Trend Intensity**: 0, indicating a neutral trend for both [34]

12月5日（周五），铝制品产商Constellium的首席执行官Jean-Marc Germain周五表示，欧盟应取消迫在 眉睫的碳边境税，该税可能会通过提高成本和使污染更严重的海外供应商受益，令欧盟铝行业陷入长期 衰退风险。 欧盟的碳边境调整机制（CBAM，即"碳边境税"）将从1月开始对少数进口大宗商品征税，旨在保护欧 洲生产商免受气候监管法规相对宽松产地更便宜的竞争对手的影响。但行业人士认为该机制存在严重缺 陷，并希望本月欧盟对该机制的最终调整能够解决他们的担忧。 "关于CBAM，首先要做的就是根除它，摆脱它。问题的核心是欧洲的竞争力。我们故意搬起石头砸自 己的脚。" 他称，铝升水上涨意味着铝产品成本增加，这意味着无论来源如何，所有铝供应都变得更为昂贵。他警 告称，对于Constellium在欧洲的工业客户来说意味着成本通胀走升。 他称，CBAM的漏洞意味着海外供应商可以通过运送废料来避免被征税，或者可以将低碳铝运往欧洲并 继续为其他地区供应高碳铝。"这对地球没有任何好处。" 他指出，CBAM的影响不会立竿见影，但最终可能会看到业者投资其他地方并关闭欧洲的产能，"这将 是一个逐渐衰退的过程。" Const ...