2005年10月上海期货交易所市场综述

MARKET REVIEW OF THE SHANGHAI FUTURES EXCHANGE IN OCTOBER 2005

10月，受全球铜供应出现紧张、LME库存持续减少、中国铜需求强劲以及原油价格高企等因素的支持，伦敦金属交易所（LME）三个月期铜价格一度创出4018美元／吨历史高点。但市场随后高位剧烈震荡，月末收报3878美元／吨。上海期铜市场冲高回落后宽幅震荡，市场交易较为谨慎。主力0601合约月末收报36330元／吨，较上月涨1270元，波动区间35860～37560元／吨，其他合约涨幅在1070-2010元之间。

In October, the LME 3-month copper fluctuated sharply at a high level with a month close of USS3,878 per ton. The Shanghai copper futures market dropped after rising andfluctuated within a broad band. The most active copper contract 0601 closed at 36.330 yuan per ton, up 1,270 yuaa over a month ago. Other key contracts ranged from 1.070 to 2,010 yuan up.