\u5728\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u672c\u6708\u7684\u4ea4\u6613\u9677\u5165\u6df7\u4e71\u4e4b\u9645\uff0c\u94dc\u4fdd\u6301\u4e86\u5e73\u9759\u3002<\/p>\n
3\u67088\u65e5\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u954d\u5e02\u573a\u6682\u505c\u4ea4\u6613\uff0c\u5e76\u77ed\u6682\u98d9\u5347\u81f3\u6bcf\u542810845\u7f8e\u5143\u7684\u5386\u53f2\u65b0\u9ad8\u3002\u4fdd\u8bc1\u91d1\u5d29\u76d8\u5f15\u53d1\u4e86\u4f26\u6566\u94dc\u5e02\u573a\u7684\u77ed\u6682\u9707\u8361\u3002<\/p>\n
\u4f46\u81ea\u90a3\u4ee5\u540e\uff0cLME\u4e09\u4e2a\u6708\u671f\u94dc\u7684\u8868\u73b0\u4ec5\u4e3a\u8e29\u6c34\uff0c\u4e0a\u4e00\u6b21\u4ea4\u6613\u4ef7\u683c\u4e3a\u6bcf\u542810340\u7f8e\u5143\u3002<\/p>\n
\u8fd9\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u662f\u56e0\u4e3a\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u5728\u53bb\u5e7410\u6708\u8fdb\u884c\u5e72\u9884\uff0c\u4ee5\u9650\u5236\u4e25\u91cd\u7684\u65f6\u95f4\u5dee\u7d27\u7f29\uff0c\u4f26\u6566\u94dc\u5408\u7ea6\u5728\u5176\u81ea\u8eab\u7684\u4e00\u8f6e\u5931\u63a7\u540e\u5df2\u7ecf\u53d7\u5230\u6291\u5236\u3002<\/p>\n
\u8fd9\u4e5f\u662f\u56e0\u4e3a\uff0c\u4e0e\u954d\u7b49\u5176\u4ed6\u5de5\u4e1a\u91d1\u5c5e\u76f8\u6bd4\uff0c\u94dc\u4f3c\u4e4e\u66f4\u4e0d\u5bb9\u6613\u53d7\u5230\u4fc4\u7f57\u65af\u4f9b\u5e94\u4e2d\u65ad\u7684\u5f71\u54cd\uff0c\u800c\u954d\u56e0\u4fc4\u4e4c\u51b2\u7a81\u800c\u6447\u6447\u6b32\u5760\u3002<\/p>\n
\u4fc4\u7f57\u65af\u662f\u4e00\u4e2a\u5927\u578b\u94dc\u751f\u4ea7\u56fd\uff0c\u6bcf\u5e74\u7684\u7cbe\u70bc\u4ea7\u91cf\u7ea6\u4e3a100\u4e07\u5428\uff0c\u7ea6\u5360\u5168\u7403\u4ea7\u91cf\u76844%\u3002<\/p>\n
\u5b83\u8fd8\u662f\u672a\u953b\u9020\u91d1\u5c5e\u548c\u94dc\u7ebf\u7684\u5927\u578b\u51fa\u53e3\u56fd\uff0c\u4f46\u5728\u897f\u65b9\u4f9b\u5e94\u94fe\u4e2d\u7684\u4e3b\u5bfc\u5730\u4f4d\u4e0d\u5982\u94af\uff0c\u4ec5\u8bfa\u91cc\u5c14\u65af\u514b\u954d\u5c31\u5360\u5168\u7403\u4ea7\u91cf\u768445%\u3002<\/p>\n
\u6b64\u5916\uff0c\u5927\u90e8\u5206\u51fa\u53e3\u4ea7\u54c1\u6700\u7ec8\u90fd\u5728\u4e2d\u56fd\uff0c\u4e2d\u56fd\u6bcf\u5e74\u5438\u6536\u7ea640\u4e07\u5428\u4fc4\u7f57\u65af\u94dc\u3002<\/p>\n
\u4eba\u4eec\u7684\u5047\u8bbe\u662f\uff0c\u4e16\u754c\u5176\u4ed6\u5730\u533a\u53ef\u4ee5\u5728\u6ca1\u6709\u4fc4\u7f57\u65af\u94dc\u7684\u60c5\u51b5\u4e0b\u751f\u5b58\uff0c\u800c\u4e2d\u56fd\u5c06\u8f7b\u6613\u5730\u5438\u6536\u897f\u65b9\u5e02\u573a\u6240\u53d6\u4ee3\u7684\u94dc\u3002<\/p>\n
\u8fd9\u53ef\u80fd\u662f\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u7684\u94dc\u59d4\u5458\u4f1a\u611f\u5230\u80fd\u591f\u6295\u7968\u652f\u6301\u7981\u6b62\u5411\u8be5\u4ea4\u6613\u6240\u65b0\u4ea4\u4ed8\u4fc4\u7f57\u65af\u94dc\u7684\u4e00\u4e2a\u539f\u56e0\u3002<\/p>\n
\u7136\u800c\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u9ad8\u7ba1\u5df2\u660e\u786e\u8868\u793a\uff0c\u5b83\u4e0d\u6253\u7b97\u5728\u653f\u5e9c\u5b9e\u65bd\u5236\u88c1\u65f6\u5148\u53d1\u5236\u4eba\uff0c\u4e5f\u4e0d\u6253\u7b97\u5355\u65b9\u9762\u7981\u6b62\u4efb\u4f55\u4fc4\u7f57\u65af\u91d1\u5c5e\u3002<\/p>\n
\u636e\u56fd\u9645\u8d38\u6613\u59d4\u5458\u4f1a\uff08ITC\uff09\u7edf\u8ba1\uff0c\u8be5\u56fd2021\u5e74\u5ea6\u672a\u7ecf\u7cbe\u70bc\u7684\u7cbe\u70bc\u94dc\u51fa\u53e3\u603b\u91cf\u4e3a463000\u5428\uff0c\u662f\u81ea2014\u4ee5\u6765\u6700\u4f4e\u7684\u5e74\u5ea6\u6d41\u51fa\u91cf\u3002<\/p>\n
\u8fd9\u53cd\u6620\u51fa\u8bfa\u91cc\u5c14\u65af\u514b\u954d\u4e1a\u516c\u53f8\uff08Norilsk Nickel\uff09\u7684\u4ea7\u91cf\u5927\u5e45\u4e0b\u964d\uff0c\u539f\u56e0\u662f8\u6708\u81f312\u6708\u671f\u95f4\uff0c\u8be5\u516c\u53f8\u6682\u65f6\u5f81\u653615%\u7684\u51fa\u53e3\u7a0e\uff0c\u5bfc\u81f4\u77ff\u573a\u6d2a\u6c34\u548c\u8d38\u6613\u4e2d\u65ad\u3002<\/p>\n
\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u4e00\u6708\u7684\u51fa\u53e3\u989d\u9ad8\u8fbe117000\u5428\uff0c\u76f8\u6bd4\u4e4b\u4e0b2021\u5e741\u6708\u768435500\u5428\uff0c\u8fd9\u8bc1\u660e\u4e86\u7a0e\u6536\u51b2\u51fb\u4e0b\u7684\u51fa\u5883\u6d41\u52a8\u7684\u81a8\u80c0\u6548\u5e94\u3002<\/p>\n
2018-2020\u5e74\u671f\u95f4\uff0c\u51fa\u53e3\u5e73\u5747\u7ea6\u4e3a70\u4e07\u5428\uff0c\u8f85\u4ee515\u4e07\u5428\u94dc\u7ebf\uff0c\u8fd9\u662f\u4e00\u4e2a\u6bd4\u53bb\u5e74\u4f4e\u7403\u6570\u66f4\u597d\u7684\u5386\u53f2\u6807\u51c6\u3002<\/p>\n
\u7136\u800c\uff0c\u53bb\u5e74\u7684\u8d38\u6613\u6570\u636e\u7a81\u663e\u4e86\u4fc4\u7f57\u65af\u94dc\u6d41\u5165\u4e2d\u56fd\u7684\u4e00\u4e2a\u91cd\u5927\u8f6c\u6298\u3002<\/p>\n
\u4fc4\u7f57\u65af\u5411\u4e2d\u56fd\u51fa\u53e3\u4e8615.5\u4e07\u5428\uff0c\u4f46\u4e2d\u56fd\u8fdb\u53e3\u4e8640.3\u4e07\u5428\u4fc4\u7f57\u65af\u91d1\u5c5e\u3002<\/p>\n
2020\u5e74\u7684\u8d38\u6613\u6570\u636e\u4e5f\u5b58\u5728\u7c7b\u4f3c\u7684\u5dee\u8ddd\uff0c\u4fc4\u7f57\u65af\u5411\u4e2d\u56fd\u51fa\u53e327.6\u4e07\u5428\uff0c\u4e2d\u56fd\u8fdb\u53e342\u4e07\u5428\u4fc4\u7f57\u65af\u94dc\u3002<\/p>\n
\u5f88\u660e\u663e\uff0c\u5927\u91cf\u8fd0\u5f80\u8377\u5170\u7684\u4fc4\u7f57\u65af\u94dc\uff0c\u5728\u4e58\u8239\u524d\u5f80\u4e0a\u6d77\u4e4b\u524d\uff0c\u6b63\u5728\u901a\u8fc7\u5b9e\u7269\u6216LME\u4ea4\u6613\u7cfb\u7edf\u8fdb\u884c\u4ea4\u6613\u3002<\/p>\n
\u9ad8\u76db\uff08Goldman Sachs\uff09\u8868\u793a\uff0c\u5c3d\u7ba1\u4fc4\u7f57\u65af\u548c\u4e2d\u56fd\u4e4b\u95f4\u6709\u4e00\u6761\u76f4\u63a5\u7684\u94c1\u8def\u7ebf\uff0c\u76ee\u524d\u7528\u4e8e\u8fd0\u8f93\u94dc\u7cbe\u77ff\uff0c\u4f46\u5b83\u51e0\u4e4e\u6ca1\u6709\u7cbe\u70bc\u91d1\u5c5e\u7684\u5907\u7528\u5bb9\u91cf\u3002<\/p>\n
\u8be5\u56fd\u5411\u4e2d\u56fd\u51fa\u53e3\u7684\u7cbe\u70bc\u94dc\u5927\u591a\u6d41\u7ecf\u9ed1\u6d77\u6216\u9e7f\u7279\u4e39\u7b49\u6b27\u6d32\u6e2f\u53e3\u3002<\/p>\n
\u9ad8\u76db\u79f0\uff0c\u201c\u5728\u8fd0\u8f93\u9650\u5236\u6d88\u9000\u4e4b\u524d\uff0c\u4fc4\u7f57\u65af\u7cbe\u70bc\u5e02\u573a\u7684\u94dc\u4f9b\u5e94\u6bcf\u6708\u5c06\u51cf\u5c11\u81f3\u591a5-6\u4e07\u5428\u3002\u201d<\/p>\n
\u76ee\u524d\uff0c\u5168\u7403\u7cbe\u70bc\u94dc\u4f9b\u5e94\u94fe\u80fd\u5728\u591a\u5927\u7a0b\u5ea6\u4e0a\u5e94\u5bf9\u5982\u6b64\u89c4\u6a21\u7684\u7834\u574f\uff0c\u8fd9\u662f\u4e2a\u7591\u95ee\u3002<\/p>\n
\u5168\u7403\u4ea4\u6613\u6240\u7684\u80a1\u7968\u4ef7\u683c\u5f88\u4f4e\u3002\u76ee\u524d\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u3001\u4e0a\u6d77\u671f\u8d27\u4ea4\u6613\u6240\uff08Shanghai Futures Exchange\uff09\u548c\u829d\u52a0\u54e5\u5546\u54c1\u4ea4\u6613\u6240\uff08CME\uff09\u7684\u4ed3\u5e93\u4e2d\u5b58\u653e\u774027.6\u4e07\u5428\u94dc\u3002<\/p>\n
\u4eca\u5e74\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u603b\u5e93\u5b58\u589e\u52a0\u4e868.58\u4e07\u5428\uff0c\u4f46\u8fd9\u8981\u5f52\u529f\u4e8e\u4e2d\u56fd\u519c\u5386\u65b0\u5e74\u5047\u671f\u524d\u540e\u7684\u5b63\u8282\u6027\u5e93\u5b58\u589e\u52a0\u3002\u4e0e\u53bb\u5e74\u540c\u671f\u76f8\u6bd4\uff0c\u5916\u6c47\u5e93\u5b58\u8986\u76d6\u51cf\u5c11\u4e8612.1\u4e07\u5428\u3002<\/p>\n
\u81ea\u4eca\u5e74\u5e74\u521d\u4ee5\u6765\uff0cLME\u5e93\u5b58\u5df2\u4e0b\u964d\u8fd19000\u5428\uff0c\u8fbe\u523079975\u5428\uff0c\u76f8\u5f53\u4e8e\u5168\u7403\u4e00\u5929\u591a\u4e00\u70b9\u7684\u4f7f\u7528\u91cf\u3002<\/p>\n
\u65f6\u95f4\u5229\u5dee\u6709\u6240\u653e\u5bbd\uff0c\u4f46\u8fd9\u53ef\u80fd\u4e0eLME\u5728\u6240\u6709\u4e3b\u8981\u5408\u7ea6\u4e2d\u7684\u56de\u5dee\u4e0a\u9650\u6709\u5173\uff0c\u5c31\u50cf\u5b83\u4e0e\u94dc\u81ea\u8eab\u7684\u52a8\u6001\u6709\u5173\u4e00\u6837\u3002<\/p>\n
\u4ee5\u4efb\u4f55\u5386\u53f2\u6807\u51c6\u8861\u91cf\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u7684\u5e93\u5b58\u90fd\u63a5\u8fd1\u67af\u7aed\uff0c\u800c\u4e14\u6781\u6613\u53d7\u5230\u4efb\u4f55\u65b0\u7684\u6050\u614c\u6027\u8d2d\u4e70\u7684\u5f71\u54cd\uff0c\u6bd4\u5982\u53bb\u5e7410\u6708\u7684\u6324\u5151\u3002<\/p>\n
\u4fc4\u7f57\u65af\u94dc\u5c1a\u672a\u5f97\u5230\u6279\u51c6\uff0c\u81f3\u5c11\u76ee\u524d\u4e0d\u4f1a\u88abLME\u7981\u6b62\u3002<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
\u5728\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u672c\u6708\u7684\u4ea4\u6613\u9677\u5165\u6df7\u4e71\u4e4b\u9645\uff0c\u94dc\u4fdd\u6301\u4e86\u5e73\u9759\u3002 3\u67088\u65e5\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u954d\u5e02\u573a\u6682\u505c […]<\/p>\n","protected":false},"author":6,"featured_media":12187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"bu":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/posts\/12675"}],"collection":[{"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/comments?post=12675"}],"version-history":[{"count":0,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/posts\/12675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/media\/12187"}],"wp:attachment":[{"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/media?parent=12675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/categories?post=12675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/tags?post=12675"},{"taxonomy":"bu","embeddable":true,"href":"https:\/\/www.jtcopper.com\/wp-json\/wp\/v2\/bu?post=12675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}