节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：4/10
花旗将0-3个月铜价预测调整为每吨13000美元。该行指出，尽管风险资产仍对美伊冲突不确定性保持高度敏感，但在霍尔木兹海峡长期封锁的情景下，铜在实物层面似乎能抵御显著的价格下行压力。
预计2026年第四季度至2027年全年，铜价将回落至更可持续的每吨约12000美元水平。花旗基准情景下，2026年ŏ..
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