| 项目类别 | 数据指标 最新 环比 数据指标 最新 | | | | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:沪铜(日,元/吨) | 86,600.00 | +520.00↑ LME3个月铜(日,美元/吨) | 10,861.00 | +88.00↑ | | | 主力合约隔月价差(日,元/吨) | 0.00 | +20.00↑ 主力合约持仓量:沪铜(日,手) | 199,582.00 | +7190.00↑ | | | 期货前20名持仓:沪铜(日,手) | -27,472.00 | -5300.00↓ LME铜:库存(日,吨) | 155,025.00 | -2900.00↓ | | | 上期所库存:阴极铜(周,吨) | 110,603.00 | +1196.00↑ LME铜:注销仓单(日,吨) | 6,625.00 | -2850.00↓ | | | 上期所仓单:阴极铜(日,吨) | 43,816.00 | -2856.00↓ | | | | | SMM1#铜现货(日,元/吨) | 86,610.00 | +375.00↑ ...

前10个月，上海市"新三样"产品累计出口1314.3亿元，增长11.7%，特别是近6个月以来，出口增速均在 25%以上，增长动能强劲。绿色航运装备表现尤为亮眼，液货船出口274.6亿元，增长115%。此外，劳 动密集型产品也保持稳定增长，出口1645.7亿元，增长2.9%。此外，制造业生产活动保持稳定扩张，尤 其装备制造业和高技术制造业保持了较好的扩张势头。前10个月，上海市金属矿砂、未锻轧铜及铜材分 别进口1774.1亿、506.7亿元，增长8.6%、17.2%。高技术产品进口增速显著，半导体制造设备、电脑及 其零部件、飞机、飞机零部件进口分别增长29.6%、18.3%、92.4%、41.5%。民生类消费品进口表现良 好，乳品、干鲜瓜果、牛肉分别增长16.2%、15.3%和10.8%，显示内需消费活力逐步释放。 校对 柳宝庆 新京报贝壳财经讯（记者俞金旻）11月14日，贝壳财经记者从上海海关获悉，今年前10个月，上海市实 现进出口3.71万亿元人民币，同比增长5.2%，增速高于全国整体水平1.6个百分点。其中，出口1.64万亿 元，增长10.5%；进口2.07万亿元，增长1.3%。 贝壳财经记者注意到，自今 ...

Core Insights - Shanghai's import and export value increased by 5.2% year-on-year in the first ten months of this year, reaching 3.71 trillion yuan, which is 1.6 percentage points higher than the national average [1] - Exports amounted to 1.64 trillion yuan, growing by 10.5%, while imports reached 2.07 trillion yuan, with a growth of 1.3% [1] - In October alone, the total import and export value was 367.98 billion yuan, marking a 3.1% increase [1] Export Performance - The export of "new three items" including electric passenger vehicles, solar cells, and lithium batteries totaled 131.43 billion yuan, an increase of 11.7% [2] - Green shipping equipment exports, particularly liquid cargo ships, saw a remarkable growth of 115%, amounting to 27.46 billion yuan [2] - Labor-intensive products also showed stable growth, with exports reaching 164.57 billion yuan, up by 2.9% [2] Import Performance - Key imports included metal ores and unrefined copper, which totaled 177.41 billion yuan and 50.67 billion yuan respectively, with growth rates of 8.6% and 17.2% [2] - High-tech product imports experienced significant growth, with semiconductor manufacturing equipment, computers and components, and aircraft and parts increasing by 29.6%, 18.3%, and 92.4% respectively [2] - Consumer goods imports showed positive trends, with dairy products, fresh and dried fruits, and beef increasing by 16.2%, 15.3%, and 10.8% respectively, indicating a gradual release of domestic consumption vitality [2]

Core Insights - Shanghai's total import and export value reached 3.71 trillion yuan in the first ten months of the year, marking a 5.2% increase year-on-year, which is 1.6 percentage points higher than the national average growth rate [1] - In October alone, Shanghai's import and export value was 367.98 billion yuan, with exports at 161.53 billion yuan and imports at 206.45 billion yuan, reflecting year-on-year growth of 3.5% and 2.8% respectively [1] Group 1: Trade Performance - Cumulative exports from Shanghai in the first ten months totaled 1.64 trillion yuan, up 10.5% year-on-year, while cumulative imports reached 2.07 trillion yuan, a 1.3% increase [1] - Shanghai's trade with emerging markets such as ASEAN, the Middle East, and Africa saw significant growth, with imports and exports of 530.31 billion yuan, 133.36 billion yuan, and 122.22 billion yuan respectively, representing year-on-year increases of 12.6%, 19.7%, and 26.8% [1] - Trade with major BRICS countries like Brazil and India also grew, with respective import and export values of 92.35 billion yuan and 81.34 billion yuan, showing increases of 7.8% and 31.6% [1] Group 2: Emerging Products and Sectors - Exports of emerging products such as electric passenger vehicles, lithium batteries, and solar cells reached 131.43 billion yuan, reflecting an 11.7% year-on-year increase, with growth rates exceeding 25% in the last six months [2] - The export of green shipping equipment, particularly liquid cargo ships, surged to 27.46 billion yuan, marking a substantial year-on-year increase of 115% [2] - Imports of high-tech products showed significant growth, with semiconductor manufacturing equipment, computers and components, and aircraft and parts increasing by 29.6%, 18.3%, and 92.4% respectively [2] Group 3: Consumer Goods - The import of consumer goods in Shanghai performed well, with dairy products, dried and fresh fruits, and beef seeing year-on-year increases of 16.2%, 15.3%, and 10.8% respectively, indicating a gradual release of domestic consumption vitality [2]

Core Insights - In September 2025, China's imports of unwrought copper and copper products reached 490,000 tons, marking a year-on-year increase of 1.4% [1] - The import value for the same period was $4.937 billion, reflecting an 8% year-on-year growth [1] - Exports of unwrought copper and copper products amounted to 95,900 tons, showing a significant year-on-year increase of 26% [1] - The export value reached $1.035 billion, which is a 34.5% increase compared to the previous year [1] Import Data - The quantity of unwrought copper and copper products imported in September 2025 was 490,000 tons [1] - The import value for this period was $4.937 billion [1] - Year-on-year growth in import quantity was 1.4% and in import value was 8% [1] Export Data - The quantity of unwrought copper and copper products exported in September 2025 was 95,900 tons [1] - The export value for this period was $1.035 billion [1] - Year-on-year growth in export quantity was 26% and in export value was 34.5% [1]

Core Insights - China's goods trade maintained steady growth in the first ten months of 2025, with a total import and export value of 37.31 trillion yuan, an increase of 3.6% year-on-year [1] Trade Performance - Exports reached 22.12 trillion yuan, growing by 6.2% year-on-year [1] - Imports totaled 15.19 trillion yuan, remaining stable compared to the same period last year [1] - In October, the total value of goods trade was 3.7 trillion yuan, a slight increase of 0.1% [1] - October exports were 2.17 trillion yuan, down by 0.8%, while imports were 1.53 trillion yuan, up by 1.4%, marking five consecutive months of growth [1] Commodity Import Trends - Major commodity import prices declined: - Iron ore imports were 1.029 billion tons, up by 0.7%, with an average price drop of 10.7% [1] - Crude oil imports reached 471 million tons, increasing by 3.1%, with an average price drop of 12.1% [1] - Coal imports decreased by 11% to 388 million tons, with an average price drop of 24.5% [1] - Natural gas imports fell by 6.2% to 103 million tons, with an average price drop of 8.8% [1] - Soybean imports increased by 6.4% to 95.682 million tons, with an average price drop of 11.1% [1] - Refined oil imports decreased by 16.3% to 34.193 million tons, with an average price drop of 4.6% [1] - Primary form plastic imports fell by 7.6% to 22.12 million tons, with an average price drop of 0.6% [1] - Copper and copper products imports decreased by 3.1% to 4.456 million tons, with an average price increase of 5.7% [1]

Trade Data Overview - In October 2025, exports decreased by 1.1% year-on-year, down from 8.3% in September, while imports increased by 1.0%, down from 7.4%[2] - The trade surplus for October was $90.07 billion, a decrease of $5.64 billion compared to the same month last year[2] Export Performance - The two-year compound growth rate for October exports was 5.55%, indicating resilience despite the month-on-month decline of 7.0%[2] - Exports to the U.S. saw a slight recovery, with a year-on-year decrease of 25.17%, improving by 1.86 percentage points from September[2] - Exports to the EU, ASEAN, and Japan all experienced declines, with year-on-year decreases of 13.26, 4.67, and 7.52 percentage points, respectively[2] Import Trends - October imports showed a significant month-on-month decline of 9.5%, weaker than the four-year average of -6.22%[2] - Key imports such as fertilizers and copper ore saw notable increases, while traditional demand-related imports like iron ore and steel continued to decline[2] Sector Insights - Midstream products dominated exports, with machinery and high-tech products experiencing declines of 9.7% and 11.4% year-on-year, respectively[2] - Certain sectors like shipbuilding and automotive showed significant recovery, reflecting ongoing strengths in midstream manufacturing[2] Economic Outlook - The report highlights the need for policy support to stabilize domestic demand, as import growth remains low despite five consecutive months of positive growth[3] - Risks include potential delays in domestic policy implementation and changes in U.S.-China tariff issues[3]

Core Insights - In October, China's copper ore and concentrate imports reached 2.451 million tons, with a cumulative import of 25.086 million tons from January to October, reflecting a year-on-year increase of 7.5% [1] - In contrast, China's exports of unwrought aluminum and aluminum products in October were 503,000 tons, with a cumulative export of 5.02 million tons from January to October, showing a year-on-year decline of 8.6% [1] Import Data - Copper ore and concentrate: October imports were 2.451 million tons valued at $6.957 billion; cumulative imports from January to October were 25.086 million tons valued at $67.064 billion, with a year-on-year increase of 7.5% [1] - Unwrought copper and copper products: October imports were 438,000 tons valued at $4.662 billion; cumulative imports from January to October were 4.456 million tons valued at $44.361 billion, with a slight year-on-year decrease of 3.1% [1] Export Data - Unwrought aluminum and aluminum products: October exports were 503,000 tons valued at $1.758 billion; cumulative exports from January to October were 5.02 million tons valued at $17.383 billion, reflecting a year-on-year decline of 8.6% [1]

Core Insights - The eighth China International Import Expo (CIIE) is the largest ever, featuring 4,108 foreign exhibitors and over 430,000 square meters of exhibition space, marking a 43% increase from the first expo [3][6][8] - The expo showcases 461 items making their global, Asian, or Chinese debuts, highlighting trends in aging population needs and cutting-edge technology [8][13] - China remains the world's second-largest import market, with a total import value of 13.66 trillion yuan in the first three quarters of 2025, reflecting a commitment to expanding its trade relationships [16][27] Exhibition Scale and Participation - The total exhibition area exceeds 430,000 square meters, up from 300,000 square meters in the first expo, and the number of participating countries has increased from 151 to 155 [3][6] - The number of Fortune Global 500 companies participating has risen from 220 to 290, indicating a higher quality of exhibitors [3][6] - The newly established "Least Developed Countries Product Zone" features 163 exhibitors from 37 least developed countries, a 23.5% increase year-on-year [13] Import Trends and Data - In the first three quarters of 2025, imports of mechanical and electrical products reached 5.42 trillion yuan, a 5.8% increase, with electronic components leading at 2.45 trillion yuan [24] - High-tech products saw a total import value of approximately 4.3 trillion yuan, growing by 10.3%, driven by aerospace technology products which surged by 41.1% [24] - The import structure is shifting from quantity expansion to quality upgrades, with mechanical and high-tech products becoming the top categories [19][24] Trade Partnerships - Asia remains China's largest import source region, with imports totaling 7.43 trillion yuan, while Africa shows the fastest growth at 0.66 trillion yuan [27] - Major import partners include South Korea and Japan, with significant imports of integrated circuits and semiconductor devices [27] - The ongoing expansion of China's import market and the CIIE platform reflect a commitment to global trade opportunities and economic cooperation [27]

Group 1: Rare Earth Exports - In October, China's rare earth exports increased by 9% month-on-month, totaling 4,343.5 tons, marking the first monthly rise after three consecutive months of decline [2] - For the first ten months of the year, rare earth exports reached 52,699.2 tons, reflecting a year-on-year growth of 10.5% [2] Group 2: Soybean Imports - China's soybean imports in October reached 9.48 million metric tons, a 17.2% increase from 8.09 million metric tons in the same month last year, setting a record for October imports [3] - The total soybean imports for the first ten months of the year amounted to 95.68 million metric tons, up 6.4% year-on-year [3][4] - October's soybean import volume decreased by 26.3% compared to September, which is consistent with seasonal trends [3] Group 3: Major Commodity Price Trends - Major commodity import prices have generally declined, with coal, natural gas, and crude oil import volumes and values both decreasing [4][5] - For the first ten months, coal imports fell by 11% to 38.8 million tons, with an average price drop of 24.5% [4] - Natural gas imports decreased by 6.2% to 10.3 million tons, with a price decline of 8.8% [4] Group 4: Electrical and Mechanical Products - The import value of electrical and mechanical products grew by 5.5% in the first ten months, reaching 6.05 trillion yuan [4]