核心观点受Grasberg、Teck 供应干扰驱动，铜价一举将价格高点记录刷新至11200 美元/吨；铝则受AI 缺电可能挤出存量电解铝产能的担忧助力站上22000 元/吨，供应因子已经被充分计价。高价格对消费的拖累开始显现，铜库存连续增加，若美联储12 月继续降息，则可能在流动性宽裕的推动下，有色价格继续向上，否则会进入到消费主导定价震荡回落修整阶段。鉴于有色的远期供需格局良好，在价格波动率回落...
Source Link核心观点受Grasberg、Teck 供应干扰驱动，铜价一举将价格高点记录刷新至11200 美元/吨；铝则受AI 缺电可能挤出存量电解铝产能的担忧助力站上22000 元/吨，供应因子已经被充分计价。高价格对消费的拖累开始显现，铜库存连续增加，若美联储12 月继续降息，则可能在流动性宽裕的推动下，有色价格继续向上，否则会进入到消费主导定价震荡回落修整阶段。鉴于有色的远期供需格局良好，在价格波动率回落...
Source LinkDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.