节点：下游（终端消费/应用）位置：下游情绪：利好参考度：5/10
全球金属市场铜价承压加剧，因全球库存攀升，铜价承压的逻辑愈发清晰，分析师对近期铜价高点的可持续性存疑。荷兰国际集团（ING）大宗商品策略师伊娃·曼特近期指出，供应端信号显现，交易所库存上升叠加需求走弱或缓解市场紧张格局。上海期货交易所库存近期创历史新高，伦敦金属交易所库存则逼近17个月高位。这些指标显示铜市供应充裕性提升，分析师预计未来数月铜价承压将加剧。
中国产量增长加剧铜价压力。Earth-i数据显示，2月中国冶炼厂开工率回升，春节后铜产量有所增加。中国铜产量占全球超五成，其产出变动对全球价格趋势影响显著。
库存趋势预示市场再平衡。库存上升..宏观因素共同加剧铜价承压。
The complete content requires login
You can view the full content after logging in. If you don't have an account, please register first.
This Website publishes publicly available information that SMMNN deems reliable, but makes no warranty as to the accuracy or completeness of such information. The information provided by SMMNN is for reference only and does not constitute investment advice to any entity. Members of the Website shall not replace their own independent judgment with such information.
