节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：6/10
中国物流与采购联合会2月5日发布1月份中国大宗商品价格指数。数据显示，该指数连续九个月环比上涨，创三年半新高，反映企业预期乐观、生产活动延续扩张态势。2026年1月指数报125.3点，环比涨幅6.3%；重点监测的50种大宗商品中，33种价格环比上涨，碳酸锂、精炼锡、精炼镍涨幅居前，分别环比上涨48.4%、20.2%、19.5%。
分行业维度，有色 ..宏观政策调节力度以维护产业链供应链稳定。
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