---
title: "銅的實物緊缺狀況正在壓倒宏觀經濟的不確定性"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/293481696.md"
description: "作者：邁克爾·鮑爾，彭博社宏觀策略師，銅的實物緊張將繼續超過宏觀不確定性，中國和倫敦金屬交易所的庫存正在減少，美國的關税政策對市場造成壓力"
datetime: "2026-07-22T13:35:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293481696.md)
  - [en](https://longbridge.com/en/news/293481696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293481696.md)
generator: "portal-rs"
---

# 銅的實物緊缺狀況正在壓倒宏觀經濟的不確定性

*Authored by Michael Ball, Bloomberg macro strategist,*

Copper’s physical tightness will continue to outweigh macro uncertainty, with Chinese and LME inventories shrinking and US tariff policy hanging over the market.

### 相關股票

- [XME.US](https://longbridge.com/zh-HK/quote/XME.US.md)
- [PICK.US](https://longbridge.com/zh-HK/quote/PICK.US.md)
- [DBB.US](https://longbridge.com/zh-HK/quote/DBB.US.md)

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---
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