沪铜期货

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国新国证期货早报-20251014
Guo Xin Guo Zheng Qi Huo· 2025-10-14 01:35
客服产品系列•日评 国新国证期货早报 2025 年 10 月 14 日 星期二 【股指期货】 周一(10 月 13 日) A 股三大指数集体回调,市场全天震荡回升,截止收盘,沪指跌 0.19%, 收报 3889.50 点;深证成指跌 0.93%,收报 13231.47 点;创业板指跌 1.11%,收报 3078.76 点。沪深两市成交额 达到 23548 亿,较前一个交易日缩量 1609 亿。 沪深 300 指数 10 月 13 日宽幅震荡。收盘 4593.98,环比下跌 22.86。 【焦炭 焦煤】10 月 13 日焦炭加权指数震荡趋弱,收盘价 1665.5,环比下跌 19.0。 10 月 13 日,焦煤加权指数弱势,收盘价 1162.4 元,环比下跌 18.2。 影响焦炭期货、焦煤期货价格的有关信息: 焦煤:国庆假期期间焦煤行情偏弱,柳林低硫主焦煤价格不变、山西中硫主焦价格跌 100 元/吨;进口蒙煤 价格弱势运行,蒙 5#原煤价格跌 3 元/吨,蒙 3 精煤价格跌 20 元/吨。供给,受到国庆假期影响,部分煤矿生产 停工,因此原煤以及焦煤产量有所减量,523 家样本煤矿原煤产量减少 10.27 万吨,精 ...
国内期货开盘涨跌不一 白银涨超5%
Zheng Quan Shi Bao Wang· 2025-10-14 01:33
人民财讯10月14日电,国内期货开盘涨跌不一,白银涨超5%,黄金涨超3%,沪铜涨超2%;玻璃跌超 2%,纯碱、白糖等跌超1%。 ...
上期所基本金属期货夜盘收盘涨跌不一,沪铜涨2.02%
Mei Ri Jing Ji Xin Wen· 2025-10-13 22:07
(文章来源:每日经济新闻) 每经AI快讯,10月14日,上期所基本金属期货夜盘收盘涨跌不一,沪铜涨2.02%,沪铝涨0.55%,沪锌 持平,沪锡跌0.26%,沪镍跌0.34%,沪铅跌0.35%,不锈钢跌0.59%,氧化铝跌0.64%。 ...
沪铜产业日报-20251013
Rui Da Qi Huo· 2025-10-13 09:05
数据来源第三方,观点仅供参考。市场有风险,投资需谨慎! 研究员: 陈思嘉 期货从业资格号F03118799 期货投资咨询从业证书号Z0022803 免责声明 本报告中的信息均来源于公开可获得资料,瑞达期货股份有限公司力求准确可靠,但对这些信息的准确性及完整性不做任何保证,据此投资,责任自负。本报告不构成个人投资建议, 客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有,未经书面许可,任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发,需注明 出处为瑞 达研究瑞达期货股份有限公司研究院,且不得对本报告进行有悖原意的引用、删节和修改。 沪铜产业日报 2025/10/13 | 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) | 85,120.00 | -790.00↓ LME3个月铜(日,美元/吨) | 10,596.00 | +78.00↑ | | | 主力合约隔月价差(日,元/吨) | 0.00 | 0.00 主力 ...
大越期货沪铜周报-20251013
Da Yue Qi Huo· 2025-10-13 01:58
交易咨询业务资格:证监许可【2012】1091号 沪铜周报(10.9~10.10) 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。 目录 一、行情回顾 二、基本面(库存结构) 三、市场结构 上周回顾 沪铜周评: 上周沪铜大幅上涨,沪铜主力合约上涨3.37%,收报于85910元/吨。宏观面看,地缘政治扰动铜价,美 国关税再起波澜,全球不稳定因素仍存,印尼铜矿出险不可抗力和贵金属大涨,刺激铜价大涨。国内 方面,消费将进入旺季,目前来看下游消费意愿一般。产业端,国内现货交易一般,整体还是刚需交 易为主。库存方面,铜库存LME库存139400吨,上周小幅减少,上期所铜库存较上周增14656吨至 109690吨。 期货主力 基本面 1、PMI 2、供需平衡表 3、库存 PMI 数据来源:Wind 数据来源:博易大师 供需平衡 2024供需紧平衡,2025 ...
A股大幅低开
Di Yi Cai Jing Zi Xun· 2025-10-13 01:48
2025.10.13 本文字数:2393,阅读时长大约4分钟 | K R | | 上纬新材 688585 | 四科制品 40 | -4.22% | 同行对比 | | --- | --- | --- | --- | --- | --- | | | | 105. 68 -26.42 -20.00% | 资金分析(万元) | | ? 排名 | | 委比 | | | 王力流入: मे 彩 | | 18% | | 5 | | 106.00 | 1463.6 60 | | | | 2 4 | | | 主力流出: | 48% | 资金 12% | | | | 105.80 | 2433.9 | | 古北 | | 3 | | 105.70 | 106 主力浄流出 | | 13% | | 12 | | 105.69 | 73 970.3 | | 8% | | 1 | | 105.68 | 84514 | | | | 1 河 2 | | | 浄特大单 | -1501 | | | 3 | | | 净大单 | | 530 | | 图 4 | | | 母母使 | | 605 | | 5 | | | 海八电 | | 366 | | | ...
大越期货沪铜早报-20251013
Da Yue Qi Huo· 2025-10-13 01:24
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。 每日观点 铜: 1、基本面:供应端有所扰动,冶炼企业有减产动作,废铜政策有所放开,9月份,制造业生产活动加 快,PMI升至49.8%,景气水平继续改善;中性。 2、基差:现货86675,基差775,升水期货;偏多。 3、库存:10月10日铜库存减75至139400吨,上期所铜库存较上周增14656吨至109690吨;中性。 4、盘面:收盘价收于20均线上,20均线向上运行;偏多。 5、主力持仓:主力净持仓多,多增;偏多。 6、预期:库存回升,地缘扰动仍存印尼的Grasberg Block Cave矿事件发酵,铜价维持强势,美国关 税反复 近期利多利空分析 利多: 利空: 逻辑: 全球政策宽松 和 贸易战升级 风险: 自然灾害 1、俄 ...
上期所基本金属期货夜盘收盘全线下跌,沪铜跌4.46%
Mei Ri Jing Ji Xin Wen· 2025-10-10 23:14
(文章来源:每日经济新闻) 每经AI快讯,10月11日,上期所基本金属期货夜盘收盘全线下跌。沪铜跌4.46%,沪锡跌2.63%,氧化 铝跌2.47%,沪镍跌1.98%,沪铝跌1.59%,不锈钢跌1.48%,沪锌跌1.23%,沪铅跌0.09%。 ...
沪铜日评:美元指数走强扰动铜价上涨节奏-20251010
Hong Yuan Qi Huo· 2025-10-10 14:18
王文虎(F03087656,Z0019472),联系电话:010-82293558 沪铜日评20251010: 美元指数走强扰动铜价上涨节奏 (观点评分:0) 盘贵声明:宏源期货有限公司是经中国证监会批准设立的期货经营机构,已具备期货交易咨询业务资格。本报告分析及建议所依据的信息均求源于 公开资料,本公司对这些信息的推确性和完整性不作任何保证。这不保证所依据的信息和建议不会发生在何预必。我们已力求报告内容的客观、公 正. 但文中的观点、结论和建议仅供参考,不构成任何投资建议、救资者依据本报告提供的信息进行对授数资所造成的一切后果,本公司拥有负责 。本报告版权仅仅为本公司所有,未经书面许可,在何机构和个人不得以任何形式翻版、度制和发布、如引用、刊发,凝准明出处为宏源期货。且不 得对本报告进行有悖原意的引用、删节和修改。数据来源:SHM和WIND。风险提示:期市有风险,按资深谨慎! | 变重名称 | | 2025-10-09 | 2025-09-30 | 2025-09-23 较昨日变动 | | 近期走势 | | --- | --- | --- | --- | --- | --- | --- | | 沪铜期货活跃 ...
银河期货有色金属衍生品日报-20251010
Yin He Qi Huo· 2025-10-10 11:53
Group 1: Report Industry Investment Rating - Not provided in the content Group 2: Core Views of the Report - The copper market is affected by supply disruptions and consumption trends, with short - term price pressure at $11,000 per ton and a need for consolidation [2][4][5]. - The alumina market is in an oversupply situation, and prices are expected to be in a low - level oscillating bottom - grinding pattern before large - scale production cuts [9][12]. - The aluminum market shows some resilience, with domestic prices mainly driven by overseas monetary policy expectations, and short - term seasonal inventory accumulation having a relatively low impact on prices [15][17][19]. - The casting aluminum alloy market's ADC12 spot price is expected to be supported by cost, and prices are expected to be positive after a pull - back [23][24][25]. - The zinc market is supported by overseas inventory reduction, but there is a risk of price decline if there is large - scale warehousing in LME after the export window opens [29][30][31]. - The lead market has a tight balance in lead concentrate supply, and prices may rise and then fall due to supply increases and lackluster consumption growth [34][36][37]. - The nickel market is expected to fluctuate widely within the range formed by oversupply and cost support [40][42][43]. - The stainless steel market is expected to fluctuate widely, with overseas policy relaxation potentially boosting exports and domestic demand remaining stable [47][49][50]. - The tin market is in a short - term high - level oscillation, and future trends depend on the resumption of production in Myanmar and the recovery of electronic consumption [53][58][59]. - The industrial silicon market is expected to oscillate within a range, with a possible slight oversupply in November [61][65][66]. - The polysilicon market has a complex situation, with supply - demand factors and warehouse receipt cancellation affecting prices, and it is recommended to pay attention to warehouse receipt cancellation before participating [67][69][70]. - The lithium carbonate market is expected to fluctuate widely, with limited upward and downward drivers in the near term [73][76][79]. Group 3: Summary by Relevant Catalogs Copper - **Market Review**: The Shanghai Copper 2511 contract closed at 85,910 yuan/ton, unchanged from the previous settlement price, and the spot premium stabilized. The LME copper price premium was $315 [2]. - **Important Information**: Fed officials have different views on interest rate cuts, and Zambia is expected to set a new record for copper production [2]. - **Logic Analysis**: Supply disruptions from mines increase, and consumption shows a "peak season without peak" situation [2][4]. - **Trading Strategy**: Short - term prices may need to consolidate at the $11,000/ton resistance level. Consider long positions on dips and be cautious about chasing high prices. Hold cross - market positive spreads and arrange cross - period positive spreads after domestic inventory starts to decline. Keep options on hold [5][6][7]. Alumina - **Market Review**: The alumina 2601 contract fell by 15 yuan to 2,856 yuan/ton, and spot prices in different regions showed varying degrees of decline [8]. - **Important Information**: Inventory increased, supply was in excess, and the industry's average profit decreased [9][10]. - **Logic Analysis**: The supply increase leads to an oversupply pattern, and prices are expected to oscillate at a low level before large - scale production cuts [12]. - **Trading Strategy**: The price is expected to be weak and oscillating. Keep options and spreads on hold [13][14]. Aluminum - **Market Review**: The Shanghai Aluminum 2511 contract fell by 25 yuan to 20,980 yuan/ton, and spot prices in different regions changed slightly [15]. - **Important Information**: The US government shutdown and Fed officials' differences in interest rate cuts affected the market. Production costs decreased, and inventory increased slightly [15][16]. - **Logic Analysis**: The London aluminum price is under pressure at the upper edge of the wide - range oscillation range. Domestic prices are mainly driven by overseas monetary policy expectations [17][19]. - **Trading Strategy**: Be bullish after a pull - back. Keep options and spreads on hold [20][21]. Casting Aluminum Alloy - **Market Review**: The casting aluminum alloy 2511 contract fell by 20 yuan to 20,465 yuan/ton, and spot prices in different regions changed slightly [23]. - **Important Information**: After the National Day holiday, many enterprises increased inventory, and the warehouse receipt of the Shanghai Futures Exchange increased [23]. - **Logic Analysis**: The high price of scrap aluminum and cost support are expected to support the ADC12 spot price [24]. - **Trading Strategy**: Be bullish after a pull - back. Keep options and spreads on hold [25][26]. Zinc - **Market Review**: The Shanghai Zinc 2511 rose 0.32% to 22,270 yuan/ton, and the spot price in Shanghai increased due to supply shortages [29]. - **Important Information**: Domestic zinc concentrate processing fees continued to decline, and the Kipushi concentrator set a new production record [30]. - **Logic Analysis**: Overseas inventory reduction supports prices, but there is a risk of price decline if there is large - scale warehousing in LME after the export window opens [31]. - **Trading Strategy**: Short - term prices are supported by the external market. Consider short positions on rallies. Keep options and spreads on hold [32]. Lead - **Market Review**: The Shanghai Lead 2511 rose 0.59% to 17,140 yuan/ton, and the spot price increased, but downstream buying willingness declined [34]. - **Important Information**: Some lead smelters in Anhui resumed production or were about to resume production [36]. - **Logic Analysis**: The supply of lead concentrate is in a tight balance, and the production of secondary lead may increase, while consumption in the peak season is not as expected [37]. - **Trading Strategy**: Prices may rise and then fall. Keep options and spreads on hold [38]. Nickel - **Market Review**: The main contract of Shanghai Nickel NI2511 fell by 940 to 122,180 yuan/ton, and the premium of Jinchuan nickel decreased [40]. - **Important Information**: Indonesian nickel - mining policies and export controls on some products affected the market [42]. - **Logic Analysis**: LME inventory increased, and the impact of export controls was small. Prices are expected to fluctuate widely [42][43]. - **Trading Strategy**: Prices are expected to fluctuate widely. Keep options and spreads on hold [43][44][45]. Stainless Steel - **Market Review**: The main contract of stainless steel SS2511 fell by 20 to 12,780 yuan/ton, and spot prices remained stable [47]. - **Important Information**: Overseas policies are expected to boost exports, and the WTO ruled that the EU's anti - dumping measures against Indonesian stainless steel products were illegal [48][49]. - **Logic Analysis**: Overseas policy relaxation may boost exports, and domestic demand is stable. Prices are expected to fluctuate widely [49][50]. - **Trading Strategy**: Prices are expected to fluctuate widely. Keep spreads on hold [50][51]. Tin - **Market Review**: The main contract of Shanghai Tin 2511 rose by 1,280 to 286,350 yuan/ton, and the spot price increased. The market expected a short - term weak situation to continue [53]. - **Important Information**: The US may release CPI data, and Indonesia adjusted the tin procurement price and strengthened industry governance [54][57]. - **Logic Analysis**: The supply of tin concentrate is still tight, and demand is sluggish. Pay attention to the resumption of production in Myanmar and the recovery of electronic consumption [58]. - **Trading Strategy**: Short - term high - level oscillation. Keep options on hold and pay attention to the resumption of production in Myanmar [59][60]. Industrial Silicon - **Market Review**: The main contract of industrial silicon futures rose 0.46% to 8,685 yuan/ton, and the spot price was stable [61][62]. - **Important Information**: The National Development and Reform Commission issued a notice on price governance [63]. - **Logic Analysis**: Supply and demand may lead to a slight oversupply in November, and prices are expected to oscillate within a range [65]. - **Trading Strategy**: Operate within the range of (8,200, 9,300) for the near - month contract. Keep options and spreads on hold [66]. Polysilicon - **Market Review**: The main contract of polysilicon futures fell 2.43% to 48,965 yuan/ton, and the spot price was stable [67]. - **Important Information**: The National Development and Reform Commission issued a notice on price governance [68]. - **Logic Analysis**: Supply - demand factors are bearish on prices in October, and warehouse receipt cancellation will be the main logic in November. The market is in a state of high - level game [69]. - **Trading Strategy**: Pay attention to warehouse receipt cancellation before participating. Hold reverse spreads for the 2511 and 2512 contracts, and buy both out - of - the - money call and put options [69][70][72]. Lithium Carbonate - **Market Review**: The lithium carbonate 2511 contract fell by 960 to 72,740 yuan/ton, and the spot price remained unchanged [73]. - **Important Information**: Zangge Mining obtained mining rights, and export controls on some products were implemented [74]. - **Logic Analysis**: Inventory decreased during the holiday, and the impact of export controls was limited. Prices are expected to fluctuate widely [76]. - **Trading Strategy**: Prices are expected to fluctuate widely. Keep options and spreads on hold [79].