2006年5月上海期货交易所市场综述

MARKET REVIEW OF THE SHANGHAI FUTURES EXCHANGE IN MAY 2006

5月，国际期铜市场宽幅震荡，月初在全球铜供应预期紧张、美元走软、墨西哥集团罢工及投机买盘等推动下连创历史新高，最高触及8790美元／吨，随后大幅回落。上海铜市受伦铜暴涨暴跌走势影响，高位剧烈震荡，多次处于涨停或跌停价位。主力0608合约当月收盘价73440元，较上月涨5740元；除cu0705合约跌5300元外，其他主要合约涨幅在4870～13850元之间。

In May, London Metal Exchange （LME） copper market moved in a relatively broad range. LME copper price hit a new record of $8790 a tonne before remarkable declining, supported by tight supply, the weakening dollar, and speculative buying. The Shanghai copper futures fluctuated widely at high levels. The most active August 2006 contract closed the month at 73440 yuan. Except cu0705, the rest of the key contracts on the SHFE ranged from 4870 yuan to 13850 yuan up.