本周小结：继续看好铜价上行。截至2025 年9 月19 日，SHFE 铜收盘价79910元/吨，环比9 月12 日-1.42%；LME 铜收盘价9997 美元/吨，环比9 月12 日-0.71%。（1）宏观：美国9 月降息25bp 落地后，美元指数短期反弹，铜价回落；但降息周期仍未结束，后续美元指数或继续走弱。（2）供需：此前美国铜关税导致的库存搬运已进入尾声，LME 和COMEX 累库有望逐步...
Source Link本周小结：继续看好铜价上行。截至2025 年9 月19 日，SHFE 铜收盘价79910元/吨，环比9 月12 日-1.42%；LME 铜收盘价9997 美元/吨，环比9 月12 日-0.71%。（1）宏观：美国9 月降息25bp 落地后，美元指数短期反弹，铜价回落；但降息周期仍未结束，后续美元指数或继续走弱。（2）供需：此前美国铜关税导致的库存搬运已进入尾声，LME 和COMEX 累库有望逐步...
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