--- title: "是什麼因素推動銅價突破 14,000 美元？摩根大通對此進行了詳細解析" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/286221858.md" description: "銅價自 3 月份的低點以來持續上漲，目前年初至今上漲了 13%，倫敦市場的價格在週二突破了每噸 14,000 美元。這一走勢似乎受到多個因素的推動：中國需求的復甦、庫存的緊縮、中東地區的硫磺短缺威脅到供應鏈的部分環節，以及對人工智能基礎設施交易的重新關注，銅在電氣化、電網擴展和數據中心建設中被越來越視為必不可少的材料" 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) --- # 是什麼因素推動銅價突破 14,000 美元？摩根大通對此進行了詳細解析 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. ### 相關股票 - [HBM.US](https://longbridge.com/zh-HK/quote/HBM.US.md) - [ERO.US](https://longbridge.com/zh-HK/quote/ERO.US.md) - [600362.CN](https://longbridge.com/zh-HK/quote/600362.CN.md) - [TECK.US](https://longbridge.com/zh-HK/quote/TECK.US.md) - [FCX.US](https://longbridge.com/zh-HK/quote/FCX.US.md) - [SCCO.US](https://longbridge.com/zh-HK/quote/SCCO.US.md) - [COPP.US](https://longbridge.com/zh-HK/quote/COPP.US.md) - [516650.CN](https://longbridge.com/zh-HK/quote/516650.CN.md) - [159871.CN](https://longbridge.com/zh-HK/quote/159871.CN.md) - [159608.CN](https://longbridge.com/zh-HK/quote/159608.CN.md) - [512400.CN](https://longbridge.com/zh-HK/quote/512400.CN.md) - [159880.CN](https://longbridge.com/zh-HK/quote/159880.CN.md) - [159881.CN](https://longbridge.com/zh-HK/quote/159881.CN.md) - [COPX.US](https://longbridge.com/zh-HK/quote/COPX.US.md) - [ICOP.US](https://longbridge.com/zh-HK/quote/ICOP.US.md) - [DBB.US](https://longbridge.com/zh-HK/quote/DBB.US.md) - [XME.US](https://longbridge.com/zh-HK/quote/XME.US.md) - [CPER.US](https://longbridge.com/zh-HK/quote/CPER.US.md) - [561330.CN](https://longbridge.com/zh-HK/quote/561330.CN.md) - [159876.CN](https://longbridge.com/zh-HK/quote/159876.CN.md) - [COPJ.US](https://longbridge.com/zh-HK/quote/COPJ.US.md) - [PICK.US](https://longbridge.com/zh-HK/quote/PICK.US.md) - [JPM.US](https://longbridge.com/zh-HK/quote/JPM.US.md) - [JPM-M.US](https://longbridge.com/zh-HK/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/zh-HK/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/zh-HK/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/zh-HK/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/zh-HK/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/zh-HK/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/zh-HK/quote/JPM-J.US.md) ## 相關資訊與研究 - [AI 熱潮丨巴克萊料刺激資源豐富新興市場貨幣](https://longbridge.com/zh-HK/news/286931994.md) - [安賽樂米塔爾出售 Vallourec 持股套現 6.67 億美元仍保留 17.3% 股權](https://longbridge.com/zh-HK/news/286868709.md) - [花旗︰鋁價即將迎來 50 年來最大一波上漲行情](https://longbridge.com/zh-HK/news/286856217.md) - [金屬市場：中國數據疲軟拖累銅價跌至一週低點](https://longbridge.com/zh-HK/news/286750747.md) - [理解市場 | 銅業股集體走低 加息預期下銅價承壓 機構指工業和金融屬性反覆博弈](https://longbridge.com/zh-HK/news/286844941.md)