--- title: "是什么因素推动铜价突破 14,000 美元？摩根大通对此进行了详细解析" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/286221858.md" description: "铜价自 3 月份的低点以来持续上涨，目前年初至今上涨了 13%，伦敦市场的价格在周二突破了每吨 14,000 美元。这一走势似乎受到多个因素的推动：中国需求的复苏、库存的紧缩、中东地区的硫磺短缺威胁到供应链的部分环节，以及对人工智能基础设施交易的重新关注，铜在电气化、电网扩展和数据中心建设中被越来越视为必不可少的材料" datetime: "2026-05-13T08:17:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286221858.md) - [en](https://longbridge.com/en/news/286221858.md) - [zh-HK](https://longbridge.com/zh-HK/news/286221858.md) --- # 是什么因素推动铜价突破 14,000 美元？摩根大通对此进行了详细解析 Copper has been climbing from its March lows and is now up 13% year to date, with London prices breaking above $14,000 per ton on Tuesday. This move appears to be driven by several factors: recovering Chinese demand, tightening inventories, sulfur shortages in the Middle East that threaten parts of the supply chain, and renewed interest in the AI infrastructure trade, where copper is increasingly seen as essential for electrification, grid expansion, and data center buildouts. ### 相关股票 - [HBM.US](https://longbridge.com/zh-CN/quote/HBM.US.md) - [ERO.US](https://longbridge.com/zh-CN/quote/ERO.US.md) - [600362.CN](https://longbridge.com/zh-CN/quote/600362.CN.md) - [TECK.US](https://longbridge.com/zh-CN/quote/TECK.US.md) - [FCX.US](https://longbridge.com/zh-CN/quote/FCX.US.md) - [SCCO.US](https://longbridge.com/zh-CN/quote/SCCO.US.md) - [COPP.US](https://longbridge.com/zh-CN/quote/COPP.US.md) - [516650.CN](https://longbridge.com/zh-CN/quote/516650.CN.md) - [159871.CN](https://longbridge.com/zh-CN/quote/159871.CN.md) - [159608.CN](https://longbridge.com/zh-CN/quote/159608.CN.md) - [512400.CN](https://longbridge.com/zh-CN/quote/512400.CN.md) - [159880.CN](https://longbridge.com/zh-CN/quote/159880.CN.md) - [159881.CN](https://longbridge.com/zh-CN/quote/159881.CN.md) - [COPX.US](https://longbridge.com/zh-CN/quote/COPX.US.md) - [ICOP.US](https://longbridge.com/zh-CN/quote/ICOP.US.md) - [DBB.US](https://longbridge.com/zh-CN/quote/DBB.US.md) - [XME.US](https://longbridge.com/zh-CN/quote/XME.US.md) - [CPER.US](https://longbridge.com/zh-CN/quote/CPER.US.md) - [561330.CN](https://longbridge.com/zh-CN/quote/561330.CN.md) - [159876.CN](https://longbridge.com/zh-CN/quote/159876.CN.md) - [COPJ.US](https://longbridge.com/zh-CN/quote/COPJ.US.md) - [PICK.US](https://longbridge.com/zh-CN/quote/PICK.US.md) - [JPM.US](https://longbridge.com/zh-CN/quote/JPM.US.md) - [JPM-M.US](https://longbridge.com/zh-CN/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/zh-CN/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/zh-CN/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/zh-CN/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/zh-CN/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/zh-CN/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/zh-CN/quote/JPM-J.US.md) ## 相关资讯与研究 - [押注 “AI 红利” 新路径！巴克莱点名铜、镍、稀土 “三驾马车”，做多智利比索、印尼盾正当时](https://longbridge.com/zh-CN/news/286925448.md) - [理解市场 | 铜业股集体走低 加息预期下铜价承压 机构指工业和金融属性反复博弈](https://longbridge.com/zh-CN/news/286844941.md) - [期权热点｜周一 FCX 跌 3%，部分看跌期权飙升 400%](https://longbridge.com/zh-CN/news/286852454.md) - [“矿产王国” 暴发埃博拉疫情！哪些品种受到影响？](https://longbridge.com/zh-CN/news/286829180.md) - [巴里克 Q1 业绩超预期后：30 亿美元回购与北美分拆成下一步焦点](https://longbridge.com/zh-CN/news/286957597.md)