[Komputer Kuantum Superkonduktor Otonom Seri Benyuan Wukong Mulai Membentuk Kemampuan Pasokan Ganda "Tombak" dan "Perisai"]

[SMM Shanghai spot copper] Tomorrow, following a pullback in copper prices during last night’s night session, some downstream enterprises actively bought the dip, driving a notable increase in intraday procurement demand. After low-priced cargo was quickly absorbed, suppliers showed signs of holding prices firm, weakening the momentum for subsequent low-price selling. Market structure, the inter-month spread has shifted to a backwardation structure, reducing the willingness to sell at low prices and supporting spot discounts. Supply side, during the night session, the import window briefly opened, potentially bringing in some overseas supply replenishment later. Overall, with combined support from the backwardation structure and downstream dip-buying, spot SHFE copper prices against the 2607 contract are expected to maintain discounts tomorrow, with the discount magnitude possibly narrowing slightly.

[SMM Ringkasan Pagi Timbal: Harga Timbal Akan Lesu di Tengah Sentimen Makro Bearish] Baru-baru ini, sejumlah peristiwa makro mendominasi arah perdagangan logam dasar. Ekspektasi kenaikan suku bunga The Fed menguat, dan indeks dolar AS menyentuh level tertinggi baru; kemajuan perundingan damai Timur Tengah serta anjloknya harga minyak mentah, sampai batas tertentu, mengisyaratkan bahwa logam......