铜市场供应紧张加剧 关键期限价差扩大

格隆汇
Aug 18
伦敦金属交易所(LME)衡量短期供应紧张程度的一项关键指标大幅飙升,铜价再次陷入剧烈波动。LME一日到期合约的价格较次日到期合约溢价75美元/吨,这是自1月份LME基准铜价创下历史新高以来的最大价差,当时价差一度达到100美元/吨。随着供应紧张的迹象显现,铜价飙升,价差扩大,大宗商品交易商正密切关注铜价走势。此次供应紧张很大程度上是由于交易商在特朗普政府就进口关税做出决定之前,将数十万吨铜转运至美国。周二,“Tom/next 价差”(即将仓位展期一天的价格)大幅扩大,表明在LME 8月合约周三到期之前,空头持仓者正面临压力。周一,现货铜价一度较三个月期货价格高出每吨545美元。

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