?900??????,????????90?

????:??????:949598???????

??2??20? (????)20????,????????????????????890????/??,????????????????????????????????895???????????/????

???,??,??(??????)?????????????2944.046?/??,COMEX?2960.8??/???????????????????????,?3000?/??????????

???90????

20??,????????????????????????????????892????????????/?????895?/????892?????????/??892??/??892??/?,?1?,??90?????????

2025????1??,??800????/????2024?,??????????????????620??/???

?,????????1??????25?????????????,??63?????????????,?836????????/??,????????????????????????786?????/???????????????

“??????????,????????900??????/???????,??4000???”???

2????5?,????,????????????????,2024???????479??,??2023??????24%?????????????,????????????,?????:??2615???????????,????????7%,??

?,???????????2025???????????????,?,????????,???????,?????????

????7?

2025?????????????????????????,??

2025????????????????Wind

1??????????????30??,COMEX????3%,?????????2853.2?????/????????????,?????????????????????2793????/??,??????????????????1.26%?

1??????????????????31???????????,?????????????????????2817????????????????????????/??,?,COMEX???2862.9?/???????????

2????5?,????????2870????????????/??,???2877.04?/????????,???????????????????1%;COMEX???????2900????????/?????,?????

2?????7?,???????2886.79?/?????,COMEX???????????????2910.60???????/?,??

2?10?,?2910?/????????????,????????????1.72%;COMEX????????????????????2916.5?/???????,????????1%?

2????11????????,?2942.71??/??,COMEX??????????????2968.5??/??????,??????????

2????????19???????????,?????,??2946.99??/???,COMEX?2964.4??????????/?????????????

?,2025?,????????7???

????????????????,?????,??????2024?????????GDP??????????????,?,??,?????????????,???,??????,2024???????1000??,??,?????????????????,?,?????

2???????7??,??????????,?:??????ETF?????????????,????????????A?,??????A?????????????

???

?,????????,?????????????????????????????,????????????????,???????????,??

2??7?????????,??,?,?????????????????,??????????,????,??

2?????????6?,???????????2026?3000????????????????/??????????,?????????????????????,?????????????????????????10%???????????,??COMEX???(EFP)???

?2?????????5??,2025?,??????,?????????ETF????????????????????????2025????,???

(?,??????:liziman@chinanews.com.cn)(????APP)

(?????,?,???????????????????,??)

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