铜:投机者在供应紧张之际重建多头头寸 – 道明证券
道明证券(TD Securities)的商品策略团队指出,在铜多头头寸连续五周减少后,投机者已重新开始增加净多头头寸,这得益于中国溢价坚挺、到货量低以及伦敦金属交易所(LME)和上海期货交易所(SHFE)库存下降。

道明证券(TD Securities)的商品策略团队指出,在铜多头头寸连续五周减少后,投机者已重新开始增加净多头头寸,受中国升水坚挺、到货量偏低以及伦敦金属交易所(LME)和上海期货交易所(SHFE)库存下降的支撑。尽管这些因素可能支撑进一步增持多头,但对美联储进一步收紧政策的预期,若铜价未能延续近期涨势,可能促使投资者迅速削减仓位。

紧俏的现货市场支撑谨慎增持多头

"在铜多头连续五周平仓后,投机者重新开始增加净多头头寸,多头敞口略微超过了新增空头。"

"现货条件依然提供支撑,中国升水持续走强,因到货量偏低以及LME和SHFE库存下降,金属供应趋紧。"

"中东紧张局势使供应风险继续受到关注,尽管较温和的CPI数据帮助缓解了宏观压力。"

"这些因素可能支撑铜多头进一步增加,不过,对美联储进一步收紧政策的预期尚未消散,如果铜价难以延续近期涨势,投机者可能会迅速削减敞口。"

(本文由人工智能工具协助生成,并经编辑审核。了解更多。

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