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

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????????????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???????????

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

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

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

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

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

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

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