券商晨会观点速递

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Jun 13, 2025

①中信建投:铜价重心不断上移 重点关注铜矿公司中信建投指出,2025年全球铜矿增长再度不及预期,造成这一结果的主要原因包括矿产国政策扰动、自然灾害冲击及品位下行掣肘等。除去高干扰率对存量矿山产出形成威胁外,新发现矿山稀少及资本开支不足,削弱了铜矿长期增长的弹性。铜作为最具性价比的导电金属,在新能源变革中,扮演着不可或缺的角色。发达经济体的电网改造扩容,发展中经济体的工业增长以及新旧能源转换推高了...

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