{"id":659423,"date":"2026-08-25T16:40:50","date_gmt":"2026-08-25T23:40:50","guid":{"rendered":"https:\/\/nai500.com\/?p=659423"},"modified":"2026-08-25T16:40:50","modified_gmt":"2026-08-25T23:40:50","slug":"%e9%8a%85%e5%83%b9%e9%a3%86%e7%a0%b4%e7%b4%80%e9%8c%84%ef%bc%81%e7%9b%b4%e5%a5%948%e7%be%8e%e5%85%83%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/08\/%e9%8a%85%e5%83%b9%e9%a3%86%e7%a0%b4%e7%b4%80%e9%8c%84%ef%bc%81%e7%9b%b4%e5%a5%948%e7%be%8e%e5%85%83%ef%bc%9f\/","title":{"rendered":"\u9285\u50f9\u98c6\u7834\u7d00\u9304\uff01\u76f4\u59548\u7f8e\u5143\uff1f"},"content":{"rendered":"<p>\u9031\u4e8c\uff0c\u7d10\u7d04\u5546\u54c1\u4ea4\u6613\u62409\u6708\u671f\u9285\u4e00\u5ea6\u4e0a\u6f321.8%\uff0c\u89f8\u53ca\u6bcf\u78c56.7270\u7f8e\u5143\uff08\u7d04\u5408\u6bcf\u567814830\u7f8e\u5143\uff09\uff0c\u8d85\u8d8a8\u670812\u65e5\u5275\u4e0b\u76846.7140\u7f8e\u5143\u524d\u7d00\u9304\u3002\u6b64\u5f8c\u5c0f\u5e45\u56de\u843d\u81f36.7125\u7f8e\u5143\uff0c\u8f03\u502b\u6566\u91d1\u5c6c\u4ea4\u6613\u6240\u4e09\u500b\u6708\u5408\u7d04\u9ad8\u51fa\u7d04550\u7f8e\u5143\/\u5678\uff0c\u6ea2\u50f9\u63a5\u8fd14%\u3002<\/p>\n<p>\u502b\u6566\u65b9\u9762\uff0cLME\u4e09\u500b\u6708\u671f\u9285\u4e0a\u6f320.4%\u81f314251\u7f8e\u5143\/\u5678\uff0c\u9031\u4e00\u5df2\u6536\u572814201\u7f8e\u5143\u7684\u6b77\u53f2\u6700\u9ad8\u6536\u76e4\u50f9\u3002\u76e4\u4e2d\u4e00\u5ea6\u5347\u81f314343\u7f8e\u5143\uff0c\u8ddd1\u6708\u6b77\u53f2\u5cf0\u503c14527.50\u7f8e\u5143\u50c5\u4f4e1.3%\u3002<\/p>\n<p>\u7f8e\u570b\u9032\u53e3\u95dc\u7a05\u5a01\u8105\u6301\u7e8c\u5c07\u9285\u91d1\u5c6c\u5438\u5165\u7f8e\u570b\u5009\u5eab\u3002LME\u5009\u55ae\u5eab\u5b58\u4e00\u5468\u5167\u66fe\u6fc0\u589e74.5%\uff0c\u73fe\u8ca8\u5c0d\u4e09\u500b\u6708\u5347\u6c34\u5f9e\u672c\u6708\u903c\u5009\u6642\u4e94\u5e74\u9ad8\u9ede434\u7f8e\u5143\u9a5f\u964d\u81f3248\u7f8e\u5143\u3002\u4f46\u5598\u606f\u50c5\u6301\u7e8c\u4e00\u5468\uff1a\u9031\u4e00\u51fa\u73fe51400\u5678\u63d0\u8ca8\u6307\u4ee4\uff0c\u8fd1\u5e7e\u65e5\u7d0465400\u5678\u91d1\u5c6c\u88ab\u6307\u5b9a\u51fa\u5eab\uff0c\u91cd\u65b0\u8de8\u8d8a\u5927\u897f\u6d0b\u904b\u5f80Comex\u3002Comex\u5eab\u5b58\u5df2\u9023\u7e8c46\u5929\u589e\u52a0\uff0c\u9054\u5230\u5275\u7d00\u9304\u7684675185\u5678\u3002<\/p>\n<p>\u7f8e\u570b\u4e0a\u534a\u5e74\u7cbe\u7149\u9285\u9032\u53e388.5\u842c\u5678\uff0c\u540c\u6bd4\u589e\u52a03%\uff0c\u6309\u7576\u524d\u901f\u5ea6\u63a5\u8fd12025\u5e74\u5275\u7d00\u9304\u7684164\u842c\u5678\u3002\u4ea4\u6613\u54e1\u6b63\u5728\u70ba\u65b0\u4e00\u8f2a\u95dc\u7a05\u505a\u6e96\u5099\uff1a2027\u5e741\u6708\u8d77\u7cbe\u7149\u9285\u95dc\u7a0515%\uff0c2028\u5e74\u8d77\u5347\u81f330%\uff0c\u83ef\u76db\u9813\u4ecd\u672a\u6392\u9664\u5be6\u65bd\u53ef\u80fd\u3002<\/p>\n<p>CRU\u539f\u9810\u8a082026\u5e74\u5168\u7403\u9285\u4f9b\u61c9\u904e\u526963.9\u842c\u5678\uff0c\u73fe\u5728\u8a8d\u70ba\u5e02\u5834\u81f3\u591a\u5e73\u8861\u3002\u9996\u5e2d\u9285\u5206\u6790\u5e2b\u7f85\u4f2f\u7279\u00b7\u611b\u5fb7\u83ef\u8332\u8868\u793a\uff1a\u201c\u5982\u679c\u9032\u53e3\u6301\u7e8c\u9019\u6a23\u6d41\u5165\uff0c\u5be6\u969b\u6703\u5448\u73fe\u77ed\u7f3a\u5e02\u5834\u3002\u201d\u9ea5\u683c\u7406\u7b56\u7565\u5e2b\u611b\u9e97\u7d72\u00b7\u798f\u514b\u65af\u6307\u51fa\uff0cComex\u5275\u7d00\u9304\u5eab\u5b58\u201c\u9700\u8981\u591a\u5e74\u624d\u80fd\u88ab\u6d88\u8017\u201d\u3002\u4e2d\u9280\u570b\u969b\u7684\u963f\u7c73\u8389\u4e9e\u00b7\u5085\u9810\u8a08\u672a\u4f86\u5e7e\u5468\u6216\u5e7e\u500b\u6708\u9285\u50f9\u5c07\u5237\u65b0\u7d00\u9304\uff0c\u4f46\u5609\u80fd\u53ef\u9996\u5e2d\u57f7\u884c\u5b98\u52a0\u91cc\u00b7\u7d0d\u683c\u723e\u8a8d\u70ba\u95dc\u7a05\u5ba3\u4f48\u5f8c\u4e0d\u78ba\u5b9a\u6027\u6d88\u9664\uff0c\u50f9\u683c\u5c07\u964d\u6eab\u3002<\/p>\n<p>\u80a1\u5e02\u65b9\u9762\uff0c\u5357\u65b9\u9285\u696d\u904e\u53bb\u4e94\u500b\u4ea4\u6613\u65e5\u5927\u6f3215%\uff0c\u9031\u4e94\u4e0a\u6f326.3%\u89f8\u53ca220.78\u7f8e\u5143\u7d00\u9304\u3002\u5e02\u503c\u7d041830\u5104\u7f8e\u5143\uff0c\u8d85\u904e\u529b\u62d3\u7684\u4e0d\u52301800\u5104\u7f8e\u5143\uff0c\u50c5\u6b21\u65bc\u5fc5\u548c\u5fc5\u62d3\u76842460\u5104\u7f8e\u5143\u3002Freeport\u672c\u5468\u6f32\u8fd119%\uff0c\u63a5\u8fd1\u6b77\u53f2\u9ad8\u9ede\uff1bFirst Quantum\u3001Ivanhoe Mines\u548cTeck Resources\u5747\u4e0a\u6f32\u7d0411%\u3002\u7d2b\u91d1\u7926\u696d\u9031\u4e8c\u5728\u7d10\u7d04\u4e0b\u8dcc2.5%\uff0c\u8a72\u516c\u53f8\u8b66\u544a120\u842c\u5678\u7926\u7522\u9285\u76ee\u6a19\u627f\u58d3\uff0c\u525b\u679cKamoa-Kakula\u9285\u7926\u6d2a\u6c34\u9810\u8a08\u5c0e\u81f4\u4eca\u5e74\u6b78\u5c6c\u7522\u91cf\u6e1b\u5c11\u6700\u591a5.7\u842c\u5678\u3002<\/p>\n<p>\u6280\u8853\u9762\u770b\uff0cComex\u9285\u4eca\u5e74\u4e0a\u6f3219%\uff0c\u904e\u53bb\u4e00\u5e74\u6f32\u7d0450%\u3002\u50f9\u683c\u572850\u65e5\u5747\u7dda\u4e0a\u65b9\u7372\u5f97\u652f\u6490\uff0c\u6b63\u6e2c\u8a666.70\u7f8e\u5143\u963b\u529b\u3002\u82e5\u7a81\u78346.80\u7f8e\u5143\uff0c\u4e0a\u884c\u76ee\u6a19\u6307\u54118\u7f8e\u5143\u5340\u57df\uff1b\u8dcc\u78346.45\u7f8e\u5143\u53ef\u80fd\u56de\u64a4\u81f36.20\u7f8e\u5143\uff0c200\u65e5\u5747\u7dda\u4f4d\u65bc6\u7f8e\u5143\u9644\u8fd1\u3002\u7f8e\u5143\u8d70\u5f31\u548c\u4e2d\u570b\u52a0\u5feb\u57fa\u5efa\u652f\u51fa\u63d0\u4f9b\u652f\u6490\uff0c\u4f46\u7f8e\u50b5\u6536\u76ca\u7387\u9ad8\u4f01\u8207\u4e2d\u6771\u7dca\u5f35\u5c40\u52e2\u9650\u5236\u6f32\u5e45\u3002<\/p>\n<p>\u9577\u671f\u9700\u6c42\u7aef\uff0c\u4eba\u5de5\u667a\u80fd\u8207\u96fb\u7db2\u64f4\u5f35\u63a8\u52d5\u9285\u6d88\u8cbb\u3002\u6a19\u666e\u5168\u7403\u9810\u8a08\u6578\u64da\u4e2d\u5fc3\u9285\u9700\u6c42\u5c07\u5f9e2025\u5e74110\u842c\u5678\u589e\u81f32040\u5e74250\u842c\u5678\u3002\u65b0\u7926\u958b\u767c\u9031\u671f\u6f2b\u9577\u9650\u5236\u4f9b\u61c9\u589e\u9577\u3002\u82e5\u7576\u524d\u8da8\u52e2\u5ef6\u7e8c\uff0c\u5373\u4fbf\u8fd1\u671f\u5eab\u5b58\u589e\u52a0\uff0c\u9285\u5e02\u5834\u4ecd\u53ef\u80fd\u518d\u5ea6\u6536\u7dca\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9031\u4e8c\uff0c\u7d10\u7d04\u5546\u54c1\u4ea4\u6613\u62409\u6708\u671f\u9285\u4e00\u5ea6\u4e0a\u6f321.8%\uff0c\u89f8\u53ca\u6bcf\u78c56.7270\u7f8e\u5143\uff08\u7d04\u5408\u6bcf\u567814830\u7f8e\u5143\uff09\uff0c\u8d85\u8d8a8\u670812 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":568769,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431,2197],"tags":[675,1404,2606,784],"class_list":["post-659423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","category-2197","tag--zh-hant","tag-1404","tag-2606","tag-784","sectors-base-metals-tch","locations-europe-zh-hant","locations-us-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/659423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=659423"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/659423\/revisions"}],"predecessor-version":[{"id":659426,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/659423\/revisions\/659426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/568769"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=659423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=659423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=659423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}