节点：中游（冶炼、中间品）位置：中游情绪：中性参考度：2/10
周一沪铜主力合约呈现震荡偏强走势，午后涨幅扩大，持仓量有所减少。现货端需求持续恢复，贴水收窄但仍以刚需成交为主。地缘风险溢价成为当前铜价波动的核心驱动因素之一。
地缘方面，美以持续对伊军事行动，地区局势未有缓和迹象，贸易阻碍与通胀抬升预期持续为铜价注入风险计价。短期来看，铜价波动或暂时脱离供需基...
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