【大量铜材涌入美国，新奥尔良港口陷入拥堵】利比里亚籍散货船 “诺德・诺福克” 号正横渡大西洋驶向新奥尔良，船上装载价值约 5 亿美元的非洲产铜，是数据分析机构 Kpler 有记录以来，单批次大宗商品货船市场价值最高的一船货物。知情人士称，新奥尔良港是重要金属中转口岸，也是芝商所旗下 COMEX 铜仓库的核心枢纽，目前港口库容已基本饱和。据悉，9 月和 10 月还将有约 10 万吨非洲与南美产铜陆续到港。美国铜进口需求旺盛，是推动铜价创纪录大涨的核心动力。自去年 2 月特朗普首次正式提议对铜征收关税以来，伦敦金属交易所的全球基准铜价上涨约 50%。但近几周，市场愈发怀疑特朗普最终是否会落实关税，美国际铜价价差随之收窄。一项指标显示，当前套利价差为每吨 169 美元，年内峰值曾达每吨 789 美元。随着美国仓储需求激增，仓储企业正向 COMEX 申请新增库容。交易所称，2025 年初至今，已新增 20 座仓库，铜存储容量增加近 72.5 万短吨，约等于美国精炼铜年消费量的 39%。
Disclaimer: 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.