<p>工業金屬在倫敦金屬交易所（LME）飆升至歷史新高，受中東戰爭導致供應中斷後鋁價上漲的推動，以及近期銅價的復甦。</p>
<p>LME 指數追蹤六種主要金屬，在過去四周內上漲了近 12%，並在週四（4 月 16 日）收盤時達到了歷史最高點。自伊朗戰爭開始以來，鋁價上漲了約 15%，中東地區約佔全球鋁產量的 9%。</p>
<p>鋁在 LME 指數中佔據最大權重，與銅一起，這兩種金屬幾乎佔據了該指數的四分之三。</p>
<p>摩根大通警告稱，鋁行業正朝着 “黑洞” 方向發展，因為在伊朗對阿布扎比和巴林的兩個關鍵冶煉廠進行直接打擊後，市場面臨嚴重的、長期的供應短缺。美國和伊朗對霍爾木茲海峽的雙重封鎖也使得貨物滯留。</p>
<p>但在水道仍然關閉的情況下，關於美國和伊朗之間停火的希望延續，以及雙方可能接近和平協議的跡象，幫助了其他金屬。由於戰爭導致能源成本飆升和全球經濟放緩的擔憂，它們曾受到衝擊，但在近期跡象表明衝突可能趨於平息後有所回升。</p>
<p>美國總統唐納德·特朗普週四聲稱，伊朗已同意其長期抵制的條款，包括放棄核武器的野心，但沒有提供證據。德黑蘭尚未確認其做出了讓步。</p>
<p>另見</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/c7824b7f44388871c8889b91995ab20914d21ee2f25c7bac909ccf1432710958/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/c7824b7f44388871c8889b91995ab20914d21ee2f25c7bac909ccf1432710958/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>特拉菲古拉向 LME 馬來西亞倉庫大量供應鋁：消息來源</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/67d592156af28440df9074fecc894e2be1a07ae08a3d9172f285846d2078e4cd/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/67d592156af28440df9074fecc894e2be1a07ae08a3d9172f285846d2078e4cd/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>花旗計劃從 LME 新加坡倉庫撤回鉛</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8b8e12b9be0499f6b2433a1eaf37c284f2ff57581708454b5b87499e3f573ed3/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8b8e12b9be0499f6b2433a1eaf37c284f2ff57581708454b5b87499e3f573ed3/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>中國計劃出口鋅，全球反彈為銷售打開窗口</h3>
<h3>在新的全球秩序中導航亞洲</h3>
<p>獲取洞察信息，直接發送到您的郵箱。</p>
<p>Mercuria Energy Group 和 BMO Capital Markets 本週預測，銅價將超過 1 月份創下的歷史新高。他們提到中國買家重返市場，以及白宮即將做出的關税決定，鼓勵更多貨物運往美國。銅在過去四周上漲了 11%，距離其歷史收盤價峯值約有 3% 的差距。</p>
<p>LMEX 金屬指數本週截至週四上漲了 3.6%。大多數金屬在週五下跌。鋁在上海的價格下跌 0.4%，至每噸 3,629.50 美元，截止到上午 10:56。銅下跌 0.3%，而鎳上漲 2.1%。彭博社</p>
<p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊此處註冊以獲取解碼亞洲通訊，直接發送到您的郵箱，免費。</p>

南山鋁業

明泰鋁業

華峯鋁業

雲鋁股份

怡球資源

美國鋁業

<p>工業金屬在倫敦金屬交易所（LME）飆升至創紀錄高位，主要是由於中東衝突導致鋁價上漲 15%。追蹤六種主要金屬的 LME 指數在四周內上漲近 12%。摩根大通警告鋁供應即將出現赤字，伊朗對關鍵冶煉廠的襲擊加劇了這一局面。儘管霍爾木茲海峽被封鎖，但對停火的樂觀情緒對其他金屬產生了積極影響，銅價也出現了復甦</p>

<p>INDUSTRIAL metals jumped to a record high on the London Metal Exchange (LME), driven by gains in aluminium after the Middle East war disrupted supplies, as well as a recent revival in copper.</p>
<div class="lb-trans"><p>工業金屬在倫敦金屬交易所（LME）飆升至歷史新高，受中東戰爭導致供應中斷後鋁價上漲的推動，以及近期銅價的復甦。</p>
</div><p>An LME Index, which tracks six major metals, has rallied by almost 12 per cent over the past four weeks and was at an all-time peak on the close on Thursday (Apr 16). Aluminium has risen about 15 per cent since the start of the Iran war, with around 9 per cent of global output coming from the Middle East.</p>
<div class="lb-trans"><p>LME 指數追蹤六種主要金屬，在過去四周內上漲了近 12%，並在週四（4 月 16 日）收盤時達到了歷史最高點。自伊朗戰爭開始以來，鋁價上漲了約 15%，中東地區約佔全球鋁產量的 9%。</p>
</div><p>Aluminium has the biggest weighting on the LME gauge and, together with copper, the two metals make up almost three-quarters of the index.</p>
<div class="lb-trans"><p>鋁在 LME 指數中佔據最大權重，與銅一起，這兩種金屬幾乎佔據了該指數的四分之三。</p>
</div><p>JPMorgan Chase has warned the aluminium industry was heading towards a “black hole” as a serious, prolonged supply deficit is hitting the market after supply losses escalated dramatically in the wake of Iranian strikes directly targeting two key smelters in Abu Dhabi and Bahrain at the end of last month. A double blockade of the Strait of Hormuz – by the US and Iran – is also keeping shipments stranded.</p>
<div class="lb-trans"><p>摩根大通警告稱，鋁行業正朝着 “黑洞” 方向發展，因為在伊朗對阿布扎比和巴林的兩個關鍵冶煉廠進行直接打擊後，市場面臨嚴重的、長期的供應短缺。美國和伊朗對霍爾木茲海峽的雙重封鎖也使得貨物滯留。</p>
</div><p>But while the waterway remains closed, hopes that a ceasefire between the US and Iran will be extended and signs the two sides may be moving closer to a peace deal have aided other metals. They were hit by soaring energy costs and fears of slowing global growth due to the war, but have recovered in recent weeks on signs the conflict might be winding down.</p>
<div class="lb-trans"><p>但在水道仍然關閉的情況下，關於美國和伊朗之間停火的希望延續，以及雙方可能接近和平協議的跡象，幫助了其他金屬。由於戰爭導致能源成本飆升和全球經濟放緩的擔憂，它們曾受到衝擊，但在近期跡象表明衝突可能趨於平息後有所回升。</p>
</div><p>US President Donald Trump claimed on Thursday, without evidence, that Iran had agreed to terms it has long resisted, including giving up ambitions for a nuclear weapon. Teheran has not confirmed it’s made concessions.</p>
<div class="lb-trans"><p>美國總統唐納德·特朗普週四聲稱，伊朗已同意其長期抵制的條款，包括放棄核武器的野心，但沒有提供證據。德黑蘭尚未確認其做出了讓步。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/c7824b7f44388871c8889b91995ab20914d21ee2f25c7bac909ccf1432710958/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/c7824b7f44388871c8889b91995ab20914d21ee2f25c7bac909ccf1432710958?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Trafigura floods LME Malaysia warehouses with aluminium: sources</h3>
<div class="lb-trans"><h3>特拉菲古拉向 LME 馬來西亞倉庫大量供應鋁：消息來源</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/67d592156af28440df9074fecc894e2be1a07ae08a3d9172f285846d2078e4cd/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/67d592156af28440df9074fecc894e2be1a07ae08a3d9172f285846d2078e4cd?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Citigroup plans to pull lead from LME Singapore warehouses</h3>
<div class="lb-trans"><h3>花旗計劃從 LME 新加坡倉庫撤回鉛</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8b8e12b9be0499f6b2433a1eaf37c284f2ff57581708454b5b87499e3f573ed3/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/8b8e12b9be0499f6b2433a1eaf37c284f2ff57581708454b5b87499e3f573ed3?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>China plans zinc exports as global rally opens window for sales</h3>
<div class="lb-trans"><h3>中國計劃出口鋅，全球反彈為銷售打開窗口</h3>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中導航亞洲</h3>
</div><p>Get the insights delivered to your inbox.</p>
<div class="lb-trans"><p>獲取洞察信息，直接發送到您的郵箱。</p>
</div><p>Mercuria Energy Group and BMO Capital Markets forecast this week that copper would surpass a record high hit in January. They cited Chinese buyers coming back to the market and a looming decision on tariffs from the White House that’s encouraging more shipments to the US. Copper has rallied 11 per cent in the last four weeks, and is around 3 per cent off its all-time closing price peak.</p>
<div class="lb-trans"><p>Mercuria Energy Group 和 BMO Capital Markets 本週預測，銅價將超過 1 月份創下的歷史新高。他們提到中國買家重返市場，以及白宮即將做出的關税決定，鼓勵更多貨物運往美國。銅在過去四周上漲了 11%，距離其歷史收盤價峯值約有 3% 的差距。</p>
</div><p>The LMEX Metals Index was up 3.6 per cent this week to Thursday. Most metals were down on Friday. Aluminium fell 0.4 per cent to US$3,629.50 a tonne as of 10.56 am in Shanghai. Copper dipped 0.3 per cent, while nickel rose 2.1 per cent. BLOOMBERG</p>
<div class="lb-trans"><p>LMEX 金屬指數本週截至週四上漲了 3.6%。大多數金屬在週五下跌。鋁在上海的價格下跌 0.4%，至每噸 3,629.50 美元，截止到上午 10:56。銅下跌 0.3%，而鎳上漲 2.1%。彭博社</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊此處註冊以獲取解碼亞洲通訊，直接發送到您的郵箱，免費。</p>
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倫敦金屬指數因對鋁 ‘黑洞’ 的擔憂達到歷史新高