研究报告 铅周报 铅价或以震荡趋势为主。套利机会有限。期权合约建议观望 为主。 【风险提示】 沪铅或延续震荡趋势运行 | 华龙期货投资咨询部 | | | | | --- | --- | --- | --- | | 投资咨询业务资格： | | | | | 证监许可【2012】1087 号 | | | | | 有色板块研究员：刘江 | | | | | 期货从业资格证号：F0305841 | | | | | 投资咨询资格证号：Z0016251 | | | | | 电话：0931-8894545 | | | | | 邮箱：451591573@qq.com | | | | | 年 报告日期：2026 2 | 3 | 月 | 日星期一 | 摘要： 【宏观面、基本面分析】 国家统计局数据显示，2026 年 1 月份，全国居民消费价格同 比上涨 0.2%。其中，城市上涨 0.2%，农村上涨 0.1%；食品价格 下降 0.7%，非食品价格上涨 0.4%；消费品价格上涨 0.3%，服务 价格上涨 0.1%。1 月份，全国居民消费价格环比上涨 0.2%。其中， 城市上涨 0.2%，农村上涨 0.2%；食品价格持平，非食品价格上涨 ...

每经AI快讯，2月27日，上期所基本金属期货夜盘收盘涨跌不一，沪锡涨2.35%，沪铅涨0.27%，沪锌跌 0.04%，沪铜跌0.15%，沪铝跌0.34%，不锈钢跌0.81%，沪镍跌1.25%，氧化铝跌3.55%。 （文章来源：每日经济新闻） ...

2026 年 2 月 25 日星期三 重庆市江北区金沙门路 32 号 23 层； 023-67071029 上海市浦东新区世纪大道 210 号 10 楼 1001； 021-61101854 地址： 电话： 1 市场有风险 投资需谨慎 | 目录 | | --- | | 纸浆： 15 | | 碳酸锂： 16 | | --- | | 铜： 16 | | 铝： 17 | | 锌： 17 | | 铅： 18 | | 锡： 18 | | 镍： 19 | | 豆油、豆粕： 19 | | 棕榈油： 20 | | 菜粕、菜油： 20 | | 棉花： 21 | | 白糖： 22 | | 苹果： 23 | | 生猪： 24 | | 鸡蛋： 24 | | 玉米&淀粉： 25 | | 原木： 26 | | 免责声明 27 | 国债： 上一交易日，国债期货收盘全线上涨，30 年期主力合约涨 0.20%报 112.960 元， 10 年期主力合约涨 0.02%报 108.500 元，5 年期主力合约涨 0.07%报 106.175 元，2 年 期主力合约涨 0.02%报 102.450 元。 公开市场方面，央行公告称，2 月 24 日以 ...

国内金属 期货夜盘多数收涨。沪锡收涨2.02%，沪镍收涨1.65%，不锈钢收涨1.03%，国际铜收涨 0.32%，沪铜收涨0.25%，沪铅收涨0.12%，氧化铝收跌0.39%，铝合金收跌0.42%，沪铝收跌0.55%，沪 锌收跌0.67%。 ...

Core Viewpoint - The Shanghai Futures Exchange's base metal futures closed mostly lower during the night session on February 14, with significant declines in several metals [1] Group 1: Price Movements - Shanghai tin fell by 7.05% [1] - Shanghai nickel decreased by 3.66% [1] - Shanghai copper dropped by 2.24% [1] - Shanghai aluminum declined by 1.76% [1] - Shanghai zinc fell by 1.61% [1] - Stainless steel decreased by 1.53% [1] - Shanghai lead dropped by 0.33% [1] - Aluminum oxide increased by 0.60% [1]

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - The non - farm data in the US has weakened the expectation of interest rate cuts, and the holiday atmosphere is strong. The non - farm employment in the US in January increased by 130,000, the largest increase since April last year, and the unemployment rate dropped to 4.3%. Wall Street expects the first interest rate cut to be postponed to July. The copper market was affected by the strong US employment data, first rising and then falling. Trump plans to set up a $12 billion strategic reserve for critical minerals, which may give copper a further premium. The US manufacturing activity expanded unexpectedly in January, reaching the fastest growth rate since 2022 [3][12]. - The zinc market is in a state of consolidation. The domestic imported ore TC has slightly decreased, the upstream production reduction is limited, the downstream is on holiday with significantly lightened operations and longer holidays, and the spot inventory continues to increase with the possibility of further inventory accumulation [4]. - The aluminum industry chain is in a state of shock consolidation. The spot price of alumina has stabilized, and there are many restarts after capacity overhauls. The cost support of recycled aluminum alloy has weakened, and it is suppressed by the seasonal off - season and profit inversion, but there are still some factors providing bottom support [5]. - The tin market is in shock consolidation. The Shanghai tin follows the Shanghai nickel and shows a relatively strong trend, but the liquidity decreases before the holiday. Attention should be paid to the changes in capital sentiment, as well as the situation of the ore end and macro - factors [6]. - The lead market is in a low - level shock rebound, but the upward driving force is insufficient. The supply of primary lead has some overhauls, and the production suspension, holiday or overhauls of recycled lead have increased. The downstream demand is weak, and the spot inventory continues to rise [8]. - For the nickel and stainless - steel market, the Indonesian quota is confirmed, and the ore quota of Weda Bay nickel mine in Indonesia is cut by 70%. The cost of nickel products is expected to remain at a relatively high level. The stainless - steel market is in consolidation, and the reduction of the Indonesian quota may increase the cost of stainless - steel production in the future [9]. 3. Summary by Relevant Catalogs 3.1 First Part: Non - ferrous Metals Operation Logic and Investment Suggestions - **Macro Logic**: The non - ferrous metals as a whole are in shock, with a strong holiday atmosphere and net capital outflows. The geopolitical situation in the Middle East, especially the US - Iran negotiation, still has uncertainties, and there may be fluctuations in the overseas bulk commodities during the holiday. The global major economies are actively deploying hydrogen energy and nuclear fusion. China's CPI and PPI in January showed certain changes, and the US non - farm data affected the market's expectation of interest rate cuts [12]. - **Investment Suggestions**: After a significant adjustment, the non - ferrous metals sector has repaired, and the trends are differentiated. It is advisable to go long on dips according to the strength of the fundamentals after the adjustment pressure is fully released, but it is recommended to hold a light position during the holiday. For different varieties: - **Copper**: The operation logic includes strong US employment data, Trump's plan for strategic reserves, and the macro - economic situation. It is recommended to go long on dips, with a support range of 98,000 - 99,000 yuan/ton and a pressure range of 108,000 - 110,000 yuan/ton [14]. - **Zinc**: The market is in stage consolidation. It is recommended to go long on dips, with a support range of 23,800 - 24,000 yuan/ton and a pressure range of 25,000 - 25,500 yuan/ton [16]. - **Aluminum Industry Chain**: It is recommended to wait and see. For aluminum, the support range is 22,000 - 22,300 yuan/ton, and the pressure range is 26,000 - 27,000 yuan/ton; for alumina, the support range is 2300 - 2600 yuan/ton, and the pressure range is 2900 - 3000 yuan/ton; for recycled aluminum alloy, the support range is 21,000 - 21,500 yuan/ton, and the pressure range is 24,000 - 26,000 yuan/ton [15][16]. - **Tin**: It is recommended to wait and see, with a support range of 330,000 - 350,000 yuan/ton and a pressure range of 450,000 - 460,000 yuan/ton [16]. - **Lead**: It is recommended to go long on dips, with a support range of 16,400 - 16,500 yuan/ton and a pressure range of 17,000 - 17,300 yuan/ton [17]. - **Nickel**: It is recommended to go long on dips, with a support range of 130,000 - 132,000 yuan/ton and a pressure range of 138,000 - 142,000 yuan/ton [17]. - **Stainless - steel**: It is recommended to go long on dips, with a support range of 12,800 - 13,000 yuan/ton and a pressure range of 13,800 - 14,000 yuan/ton [17]. 3.2 Second Part: Non - ferrous Metals Market Review - **Futures Closing Situation**: The closing prices and price changes of various non - ferrous metal futures are provided, such as copper closing at 102,330 yuan/ton with a 0.15% increase, zinc at 24,650 yuan/ton with a 0.26% increase, etc. [18] 3.3 Third Part: Non - ferrous Metals Position Analysis - The latest position analysis of the non - ferrous metals sector is presented, including the net long - short strength comparison, net long - short position base values, changes in net long and net short positions, and influencing factors for different varieties such as lithium carbonate, nickel, tin, etc. [19] 3.4 Fourth Part: Non - ferrous Metals Spot Market - The spot prices and price changes of various non - ferrous metals are provided, such as the Yangtze River Non - ferrous copper spot price at 102,200 yuan/ton with a 0.76% increase, the Yangtze River Non - ferrous 0 zinc spot average price at 24,470 yuan/ton with no change, etc. [22] 3.5 Fifth Part: Non - ferrous Metals Industry Chain - **Copper**: Relevant charts about copper, such as exchange copper inventory changes, LME copper inventory, copper concentrate smelting fees, and the relationship between the US dollar index and copper price, are provided [24]. - **Zinc**: Charts related to zinc, including zinc inventory changes, zinc concentrate processing fee changes, zinc spot market prices, and galvanized sheet production seasonality, are presented [26][28]. - **Aluminum**: Charts about aluminum, such as the comparison between Shanghai aluminum inventory and aluminum price, LME aluminum inventory and LME aluminum price, LME spot premium and discount trends, and Shanghai Non - ferrous aluminum premium and discount trends, are provided [30][31]. - **Alumina**: Charts related to alumina, including the spot price trend of alumina, alumina port inventory changes, etc., are presented [37]. - **Cast Aluminum Alloy**: Relevant charts are provided, but specific content is not detailed in the text [45]. - **Lead**: Charts about lead, such as lead concentrate 50% processing fee to the factory average price, domestic and foreign exchange lead futures inventory, LME lead 0 - 3 premium and discount, and lead spot price, are presented [49][51]. - **Nickel**: Charts related to nickel, including Shanghai Futures Exchange nickel futures inventory, LME nickel inventory, refined nickel spot premium and discount, and LME nickel 0 - 3 premium and discount, are provided [53][55]. - **Stainless - steel**: Charts about stainless - steel, such as the number of stainless - steel warehouse receipts and stainless - steel spot price, are presented [57][59]. 3.6 Sixth Part: Non - ferrous Metals Arbitrage - **Copper**: Charts about copper arbitrage, such as the change of copper Shanghai - London ratio and the premium and discount between Shanghai copper and London copper, are provided [61]. - **Zinc**: Charts related to zinc arbitrage, such as the change of zinc Shanghai - London ratio and LME zinc spot premium and discount, are presented [61]. - **Aluminum and Alumina**: Charts about aluminum and alumina arbitrage, such as aluminum basis and futures - spot price trend, aluminum Shanghai - London ratio trend, Shanghai aluminum continuous one - continuous three trend, and alumina continuous two - continuous one trend, are provided [64][66]. - **Tin**: Charts related to tin arbitrage, such as Shanghai tin basis trend, Shanghai tin continuous three - continuous price trend, and tin Shanghai - London ratio trend, are presented [68][70]. - **Lead**: Charts about lead arbitrage, such as the price difference between Shanghai zinc and Shanghai lead and lead Shanghai - London ratio, are provided [72]. - **Nickel and Stainless - steel**: Charts related to nickel and stainless - steel arbitrage, such as nickel Shanghai - London ratio, nickel/stainless - steel ratio, Shanghai nickel inter - period spread, and nickel - nickel pig iron price difference, are presented [75][76]. 3.7 Seventh Part: Non - ferrous Metals Options - **Copper**: Charts about copper options, such as historical volatility, weighted implied volatility, trading volume and open interest changes, and the ratio of call to put open interest, are provided [78]. - **Zinc**: Charts related to zinc options, such as historical volatility, weighted implied volatility, trading volume and open interest changes, and the ratio of call to put open interest, are presented [79][80]. - **Aluminum**: Charts about aluminum options, such as historical volatility, implied volatility, trading volume and open interest trend, and the ratio of call to put open interest trend, are provided [83][85].

Group 1 - The core viewpoint of the article indicates that all basic metal futures on the Shanghai Futures Exchange experienced a decline during the night session on February 13 [1] Group 2 - Shanghai tin fell by 4.27% [1] - Shanghai nickel decreased by 3.74% [1] - Shanghai copper dropped by 2.58% [1] - Stainless steel declined by 1.92% [1] - Shanghai aluminum fell by 0.91% [1] - Shanghai zinc decreased by 0.63% [1] - Alumina dropped by 0.46% [1] - Shanghai lead fell by 0.30% [1]

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - The latest price data in January 2026 in China shows a mild recovery at a low level with structural differentiation, while the non - farm data in the US in January greatly exceeded expectations, leading to an adjustment of the market's expectations for the Fed's interest rate cuts. Domestic price repair depends on the optimization of "new supply" and the unblocking of the transmission chain in the middle and lower reaches. The economic opportunities from the visit and domestic growth - stabilizing policies may lead to a valuation repair of pro - cyclical sectors [2]. - In the short term, for the RMB exchange rate, pre - holiday seasonal settlement demand may support the RMB's appreciation, but after the holiday, its endogenous appreciation power may decline, and its linkage with the US dollar index may increase [3]. - For the stock index, the Fed's interest rate cut rhythm may be postponed, putting pressure on the stock index before the holiday. After the holiday, there may be opportunities for the IC contract [7]. - For the bond market, it is recommended to be cautious before the holiday, with a small amount of medium - term long positions in T2606 and to exit the March contract at high prices [8]. - For the container shipping European line, the market is in a small - scale shock, and funds are cautious. The spot price decline has slowed down, but there are still uncertainties in the market [11][12]. - For new energy products, the spot market for lithium carbonate is trading lightly, and it is recommended to sell volatility strategies before the holiday. For industrial silicon and polysilicon, due to high inventory, it is recommended to hold a light position or be empty before the holiday [15][17]. - For non - ferrous metals, aluminum, alumina, and cast aluminum alloy may be in a shock adjustment. Copper may be weak in its rebound, zinc may be in a shock, nickel - stainless steel may be affected by quota disturbances, tin may be adjusted in a wide - range shock, and lead may fluctuate weakly [20][26][28]. - For oilseeds and fats, for oilseeds, there are few unilateral opportunities, and it is recommended to pay attention to reverse arbitrage opportunities. For fats, the domestic market has limited driving forces and is expected to be in a shock before the holiday [31][33]. - For energy and oil and gas, for fuel oil and low - sulfur fuel oil, due to geopolitical uncertainties, it is recommended to control positions before the holiday. For asphalt, its price may follow the cost - end crude oil, and there may be a decline after the holiday [35][37][39]. - For precious metals, for platinum and palladium, the long - term bull market foundation still exists, and it is recommended to buy in steps at low prices and control positions. For gold and silver, the long - term upward trend remains, and it is recommended to reduce or empty positions before the holiday [43][45]. - For chemical products, for pulp and offset paper, it is recommended to conduct range trading. For pure benzene - styrene, pay attention to cost - end fluctuations. For LPG, pay attention to geopolitical uncertainties. For PTA - PX, it is advisable to buy at low prices. For MEG - bottle chips, it is expected to fluctuate in a wide range. For methanol, it is recommended to be empty before the holiday. For plastics and PP, the short - term driving force is limited, and it is expected to be in a shock before the holiday. For rubber, it is recommended to hold a light position before the long holiday, and it is expected to be in a range - bound shock. For urea, it is recommended to be empty before the holiday. For glass and soda ash, it is recommended to wait and see before the holiday. For propylene, pay attention to cost and risk [51][54][57][62][65][67][69][80][82][83][86]. - For black products, for rebar and hot - rolled coils, the price may be in a weak shock. For iron ore, it is advisable to wait and see cautiously before the holiday. For coking coal and coke, pay attention to the resumption rhythm after the holiday. For ferrosilicon and ferromanganese, they are in a bottom - shock state [88][91][94][95]. - For agricultural and soft commodities, for live pigs, it is recommended to go long on the 05 contract. For cotton, it is expected to be in a shock in the short term. For sugar, the upward space is limited. For eggs, the main contract is expected to decline in a shock. For rubber, it is recommended to hold a light position before the long holiday and is expected to be in a range - bound shock. For apples, the short - term demand weakens, but the decline space is limited. For red dates, the short - term price may be in a low - level shock, and the long - term price is under pressure. For logs, it is recommended to wait and see [99][100][103][104][111][113][114][116]. 3. Summaries According to Relevant Catalogs Financial Futures - **Macro**: China's CPI and PPI data in January 2026 showed a mild recovery at a low level. The US non - farm data in January was strong, affecting the market's expectations for the Fed's interest rate cuts. Indonesia plans to cut the output of the world's largest nickel mine by 70%, and the US Congressional Budget Office expects the 2026 deficit to be $1.9 trillion [1]. - **RMB Exchange Rate**: The US non - farm report in January was strong, delaying the market's expectations for the Fed's first interest rate cut. The RMB exchange rate was under the central bank's regulation and maintained a mild appreciation. Pre - holiday seasonal settlement demand may support the RMB's appreciation, but after the holiday, its endogenous appreciation power may decline [3]. - **Stock Index**: The Fed's interest rate cut rhythm may be postponed, putting pressure on the stock index before the holiday. After the holiday, there may be opportunities for the IC contract [7]. - **Treasury Bond**: It is recommended to be cautious before the holiday, with a small amount of medium - term long positions in T2606 and to exit the March contract at high prices [8]. - **Container Shipping European Line**: The market is in a small - scale shock, and funds are cautious. The spot price decline has slowed down, but there are still uncertainties in the market [11][12]. Commodities New Energy - **Lithium Carbonate**: The spot market is trading lightly. The downstream pre - holiday stocking is basically over, and the supply - demand pattern has not changed significantly. It is recommended to sell volatility strategies before the holiday [15]. - **Industrial Silicon and Polysilicon**: The market is in a wide - range shock. Due to high inventory, it is recommended to hold a light position or be empty before the holiday [16][17]. Non - Ferrous Metals - **Aluminum Industry Chain**: The non - farm data in the US was better than expected, reducing the probability of interest rate cuts. The fundamentals of aluminum have not changed much, and it may be in a shock adjustment. Alumina is expected to be weak in the long - term, and cast aluminum alloy may follow aluminum [20]. - **Copper**: The probability of a March interest rate cut has decreased, and the copper price's rebound is weak. It is recommended to hold a light position or wait and see before the holiday [20][23]. - **Zinc**: It follows the sector's adjustment, and the non - farm data suppresses the price. It is expected to be in a wide - range shock [26]. - **Nickel - Stainless Steel**: It is affected by quota disturbances. The market is in a supply - demand double - weak situation, and it is necessary to pay attention to the risk of capital withdrawal before the holiday [27][28]. - **Tin**: Its price is mainly driven by the macro situation and is expected to be in a wide - range shock adjustment [29][30]. - **Lead**: It follows the sector's fluctuation and is expected to be in a weak shock [30]. Oilseeds and Fats - **Oilseeds**: The external market of US soybeans is strong in the short - term, and the domestic soybean meal may rebound in the short - term but may be restricted by new supplies in the long - term. There are few unilateral opportunities, and it is recommended to pay attention to reverse arbitrage opportunities [31]. - **Fats**: The domestic market has limited driving forces. The palm oil market needs to observe the de - stocking process, the soybean oil has support from policies, and the rapeseed oil supply is loose. It is expected to be in a shock before the holiday [32][33]. Energy and Oil and Gas - **Fuel Oil**: It opened high and went high. The supply of high - sulfur fuel oil is being repaired, and the demand is weak in some areas. The logic is mainly related to geopolitics, and it is recommended to control positions before the holiday [35]. - **Low - Sulfur Fuel Oil**: The cost has increased, and it opened high and went high. The supply is relatively abundant in the short - term, the demand is stable, and the inventory has decreased. It is recommended to control positions before the holiday [36][37]. - **Asphalt**: Its price increase is weak. The demand has reached the freezing point before the holiday, and it may follow the cost - end crude oil. There may be a decline after the holiday [38][39]. Precious Metals - **Platinum and Palladium**: The long - term bull market foundation still exists. It is recommended to buy in steps at low prices and control positions. Pay attention to the impact of Fed officials' speeches and relevant events [43]. - **Gold and Silver**: The long - term upward trend remains, but the short - term operation is difficult. It is recommended to reduce or empty positions before the holiday [45]. Chemical Products - **Pulp - Offset Paper**: The pulp market is relatively neutral, and the offset paper futures may be in a range - bound shock. It is recommended to conduct range trading [51][52]. - **Pure Benzene - Styrene**: Pay attention to cost - end fluctuations. The supply of pure benzene increases, and the demand is flat. The supply of styrene will increase in February, and the demand will decrease during the Spring Festival [54][55]. - **LPG**: There are still uncertainties in geopolitics. The supply is neutral - low, and the demand is at a low level. It is necessary to pay attention to risk management before the holiday [56][57]. - **PTA - PX**: It benefits from the good supply - demand structure of PX. The first quarter may see inventory accumulation, and the second quarter may be in short supply. It is advisable to buy at low prices [59][62]. - **MEG - Bottle Chips**: The demand is seasonally weak, and the supply - demand balance has improved. It is expected to fluctuate in a wide range, and pay attention to geopolitical risks [63][65]. - **Methanol**: It follows geopolitics and non - ferrous metals. It is recommended to be empty before the holiday [66][67]. - **Plastics and PP**: The short - term driving force is limited. PE has a pattern of increasing supply and decreasing demand, and PP has limited supply pressure in the short - term. It is expected to be in a shock before the holiday [68][69]. - **Rubber**: It rose and then fell, with synthetic rubber leading the decline. The fundamentals have both support and pressure, and it is recommended to hold a light position before the long holiday and is expected to be in a range - bound shock [72][80]. - **Urea**: It is in a stage of over - supply due to new capacity release. The 05 contract may have a price increase expectation, but it is recommended to exit long positions and be empty before the holiday [81][82]. - **Glass and Soda Ash**: For soda ash, the demand is expected to weaken, and it is in a weak shock. For glass, there may be concentrated cold repairs before the Spring Festival, and it is recommended to wait and see before the holiday [83][84]. - **Propylene**: The fundamentals still have support, but the cost has uncertainties. Pay attention to cost, supply - demand, and risk [85][86]. Black Products - **Rebar and Hot - Rolled Coils**: The price may be in a weak shock. The supply is relatively strong compared to the demand, and the inventory is accumulating. The price may test the lower limit of the shock range [88][89]. - **Iron Ore**: The overall supply - demand is weak, and the iron water is expected to rise. It is advisable to wait and see cautiously before the holiday [90][91]. - **Coking Coal and Coke**: There are many disturbances in the overseas market, and the domestic driving force is insufficient. Pay attention to the resumption rhythm after the holiday [92][94]. - **Ferrosilicon and Ferromanganese**: They are in a bottom - shock state. The cost provides support, but the downstream inventory accumulation and high inventory of ferromanganese put pressure on the price [95]. Agricultural and Soft Commodities - **Live Pigs**: The futures price has rebounded, and it is recommended to go long on the 05 contract [98][99]. - **Cotton**: It is expected to be in a shock in the short term. The supply - demand is in a tight - balance state, and the external - internal cotton price difference restricts the upward space [99][100]. - **Sugar**: The international raw sugar price is weak, and the domestic sugar's upward space is limited [101][103]. - **Eggs**: The main contract is expected to decline in a shock. The pre - holiday demand has weakened, and the supply is sufficient [104]. - **Rubber**: It rose and then fell, with synthetic rubber leading the decline. The fundamentals have both support and pressure, and it is recommended to hold a light position before the long holiday and is expected to be in a range - bound shock [104][111]. - **Apples**: The pre - holiday stocking is basically over, and the short - term demand weakens, but the decline space is limited [112][113]. - **Red Dates**: The short - term price may be in a low - level shock, and the long - term price is under pressure due to sufficient supply [114]. - **Logs**: The liquidity is insufficient, and the industry is optimistic about the post - holiday market. It is recommended to wait and see [115][116].

成文日期: 20260206 报告周期:周报 研究员：杜宇（从业资格号：F3075043; 投资咨询从业证书号：Z0017815) 沪铅期货周报 1期货市场 本周沪铝期货主力合约呈现震荡下行走势,价格连续五日收跌, 整体表现弱势。价格走势：周初（2月2日）开盘价1.696万元/吨, 随后价格持续承压,至周五（2 月 6 目）收盘价跌至 1.658 万元/吨, 全周累计跌幅达 2.15%。最低价出现在周五的 1.656 万元/吨,最高价 为周一的 1.705 万元/吨，周内波动区间为 1.656-1.705 万元/吨。 2 现货市场分析 国内铅现货价格同步走弱、与期货价格联动性较强。现货价格: 上海地区 1#铝现货价格从周一的 16370-16500 元/吨跌至周五的 16270-16410元/吨，周内均价下跌约130元/吨。中国平均价:铅(1#) 从２月２日的16640元/吨降至２月６日的16510元/吨．跌幅0.78%。 3 市场动态 国内交易所沪铅注册仓单数量从周一至周五数量呈现上涨趋势, 显示供应端压力加大。再生铅企业因亏损及订单不足提前放假，电 池厂节前备库未启动,供需双弱格局下铅价承压。 4 行情展 ...

每经AI快讯，2月10日，上期所基本金属期货夜盘收盘涨跌不一，沪锡涨4.18%，沪铜涨0.93%，沪镍涨 0.91%，沪铅涨0.60%，氧化铝涨0.46%，不锈钢涨0.40%，沪铝涨0.17%，沪锌跌0.39%。 ...