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📅 2026-10-14 · SHFE Copper · Single-name brief

This report is provided by MacroTerms.com

Data as of: 2026-10-13 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)

沪铜深度分析：偏多，铜金比处历史极高分位 | 2026-10-14

本报告对沪铜（SHFE.CU）持偏多观点。核心驱动在于：美国通胀数据超预期可能强化美元与利率预期，支撑铜的金融属性；同时，铜金比处于1年99.6%分位，显示铜相对于黄金的强势预期；中国库存小幅累积但整体仍处于低位，供需紧平衡格局未改。技术面上，价格位于20日通道上轨附近，夜盘延续强势。方向失效条件为日线收盘有效跌破110180（S1枢轴位）。

Single-name briefs Deep dive

SHFE GoldSHFE.AU 2026-10-14

沪金(SHFE.AU)深度分析报告 | 偏多：避险与比价优势共振 | 2026-10-14

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SHFE SilverSHFE.AG 2026-10-09

沪银(SHFE.AG)深度分析报告 | 空头主导，跌破14745看14220 | 2026-10-09

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SHFE CopperSHFE.CU 2026-10-14

沪铜深度分析：偏多，铜金比处历史极高分位 | 2026-10-14

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RebarSHFE.RB 2026-10-14

螺纹钢(SHFE.RB)深度分析报告 | 偏空：增仓下跌破位风险 | 2026-10-14

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Iron OreDCE.I 2026-10-14

铁矿石(DCE.I)深度分析报告 | 偏空破位，下看674 | 2026-10-14

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Previous briefs

2026-10-15：Single-name沪铜(CU2611)深度分析报告 | 偏多：库存去化叠加国际与中国市场溢价走强 | 2026-10-15 View 2026-10-13：Single-name沪铜(CU2611)深度分析报告 | 偏多：库存去化与铜金比共振 | 2026-10-13 View 2026-10-12：Single-name沪铜(CU2611)深度分析 | 国际市场强势与中国市场减仓背离，偏多但需确认 | 2026-10-12 View 2026-10-11：Single-name沪铜(SHFE.CU)深度分析报告 | 偏多 | 2026-10-11 View 2026-10-10：Single-name沪铜深度分析：偏多格局与国际与中国市场溢价 | 2026-10-10 View 2026-10-09：Single-nameLegacy coverage沪铜（SHFE.CU）深度分析报告｜偏多 | 2026-10-09 View 2026-10-08：Single-nameLegacy coverage沪铜深度分析：偏多，国际与中国市场溢价与仓单去化驱动 | 2026-10-08 View 2026-10-01：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-10-01 偏多：增仓上涨叠加仓单去化 | 2026-10-01 View 2026-09-30：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-30 偏多：低库存高升水支撑 | 2026-09-30 View 2026-09-29：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-29 节前减仓与库存去化博弈 | 2026-09-29 View 2026-09-28：Single-nameLegacy coverage沪铜深度 | 缩量下探MA20，节前PMI定价窗口 | 2026-09-28 View 2026-09-27：Single-nameLegacy coverage沪铜深度 | 缩量回踩MA20，PMI前夜的多空分水岭 | 2026-09-27 View 2026-09-26：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-26 高位缩量整理待PMI指引 | 2026-09-26 View 2026-09-25：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-25 | 库存去化与高持仓对峙 | 2026-09-25 View 2026-09-24：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-24 | 关税悬而未决，铜价高位震荡 | 2026-09-24 View 2026-09-23：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-23 库存去化与高持仓博弈 | 2026-09-23 View 2026-09-22：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-22 | 五连阳后逼仓与去库共振 | 2026-09-22 View 2026-09-21：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-21 国际与中国市场共振反弹但持仓背离 | 2026-09-21 View 2026-09-20：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2026-09-20 | 三连阳收复十万九关口，洋山溢价创四年新高 | 2026-09-20 View 2025-06-10：Single-nameLegacy coverage沪铜(SHFE.CU)深度分析报告 | 2025-06-10 内外分化，持仓续增 View

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* Backtest settles each daily trade idea: stop/target whichever first, flat at close when window ends. Past performance does not predict future results.