基本金属日报

LME金属价格表1：LME价格 - 铜、铝、铅、锌、锡、镍金属收盘价日涨跌升贴水升贴水变化铜7432.5-0.16%85.026.0数据来源：金瑞期货研究所铝2160.5-0.30%-16.9 -1.7 铅1809.00.70%-16.5 -2.3 锌3006.5-0.36%12.3-3.5 锡20780.02.67%18.0-47.0 镍23380.0-4.04%-113.5 -33.5 数据来源：Wind，金瑞期货研究所表2：国内期货价格 - 铜、铝、铅、锌、锡、镍金属收盘价日涨跌成交量持仓量铜62430-0.19%118153123593铝186850.54%191262139061铅150050.27%4174432980锌248400.77%19186091444锡1844001.90%14778228042镍196800-0.48%16386773641数据来源：wind，金瑞期货研究所，注：标的为主力合约金瑞网站：www.jrqh.com.cn客服热线：400-888-8208联系人：罗平电话：0755-83679730邮箱：luoping@jrqh.com.cn从业资格号：F3001801金瑞期货有色组李 丽 曾童钟明真 罗平周维刚 龚鸣吴梓杰基本金属日报2022年9月26日金瑞观点评级：★★金瑞期货研究所请务必阅读正文之后的免责条款部分1铜：LME铜跌3.12%,报7444.5美元/吨。上海升水575，广东410。下游备货意愿一般，升水下行。周五夜盘美元迅速走强，铜价承压明显。通胀数据大超预期后，市场对后续美联储加息节奏悲观，宏观压力加大，但全球库存持续保持较低水平，高back结构可能持续。昨日议息会议整体偏鹰铜价近期预计震荡偏弱，盘面下方建议观察60000一线支撑情况。本周建议关注下游十一备货情况。预计LME铜价核心价格区间【7200，7600】美元/吨，沪铜核心价格区间【58000，61000】元/吨。投资策略：短期宏观变数加剧，价格有一定下行幅度，十一备货订单建议可以逐步建立。风险提示：中美政治局势变化、国内外货币政策、财政政策变化、国内防疫政策变化锌：上周五伦锌夜间震荡向下，逐步回落至3000美元附近，不断测试3000美元得支撑，最终收报3017.5，跌幅3.21%。上周五现货市场，上海市场对10合约升水280-360元/吨；广东市场，现货对11合约升水585-625元/吨，上周锌价高位震荡，出货不畅下贸易商不断下调升水出货，但下游对高价接受意愿较低，整体成交清淡。投资策略：关注伦锌3000美元富集的支撑风险提示：/45006500850010500125002022-04-212022-07-21LME铜1400340054002022/4/212022/7/21LME 锌140021400414002022-04-212022-07-21LME 镍 页码一、金瑞观点1金瑞观点1铜锌镍价格走势1表1：LME价格 - 铜、铝、铅、锌、锡、镍1表2：国内期货价格 - 铜、铝、铅、锌、锡、镍11二、铜、铝、铅、锌21、国外市场数据3表3：LME期货持仓3表4：LME期货持仓分布3表5：CFTC持仓分析 -- COMEX 铜3表6：国内现货铜升贴水3表7：LME库存日统计 - 铜4表8：LME库存日统计 - 铝4表9：LME库存日统计 - 铅5表10：LME库存日统计 - 锌6表11：LME库存日统计 - 锡6表12：LME库存日统计 - 镍72. 国内期货市场数据8表11：上海期货交易所库存8表12：上期所主力合约机构持仓排名83. 国内现货市场数据9表13：现货价格9表14：相关产品报价9表15：内外比价及进口盈亏9三、指标说明10四、免责声明11基本金属日报2022年9月26日目录请务必阅读正文之后的免责条款部分2 表3：LME期货持仓品种持仓量日变化铜2369270.81%铝5618210.75%铅894071.84%锌190306-0.16%锡11542-1.05%镍146758-0.24%数据来源：彭博，金瑞期货研究所表5：CFTC持仓分析 -- COMEX 铜多头空头套期多头空头多头空头多头空头9月20日46773670592041382693594781498791469501317916108数据来源：CFTC网站，金瑞期货研究所表6：国内现货铜升贴水长江有色升贴水上海有色升贴水上海物贸升贴水最小最大最小最大最低最高最低最高最低最高平均价2022/9/236506905306208810480100951054752022/9/227107505005708810480100951054802022/9/217307705506109010480100951054902022/9/208108506406809010480100951056102022/9/19900940720780901048010095105750注：数据来源为wind，上海保税库为外高桥上海保税库溢价2022年9月26日日期报告持仓非商业商业总计洋山铜溢价上海电解铜CIF(提单）溢价市场数据 -- 铜、铝、铅、锌、锡、镍请务必阅读正文之后的免责条款部分3非报告持仓基本金属日报1. 国外市场数据 -- 铜、铝、铅、锌、锡、镍 表7：LME库存日统计 - 铜地区地点期始库存入库出库期末库存库存变化注册仓单注销仓单新注销注销占比迪拜#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!仁川#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!光阳#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!釜山#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!柔佛#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!巴生港#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!新加坡#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!台湾#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!亚洲共计0000000#VALUE!0安特卫普#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!汉堡#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!巴塞罗那#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!毕尔巴鄂#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!赫尔#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!利物浦#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!来亨#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#N/A Requesting Data...#VALUE!#VALUE!的里雅斯特#N/A Requesting Data...#N/A Requesting Data...#N/