2026-08-27 13:00｜有色金属事件流（12条）
覆盖北京时间11:00—13:00，交付12条可核验的铜锌现货基差、锡精矿加工费及国家能源局电力数据事件。
[
{
"event_id": "smm-cu-20260827-overall-basis",
"title": "SMM铜升贴水均价较上个更新日升140元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:05:00Z",
"published_at_utc": "2026-08-27T03:05:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 96,
"horizon": "intraday",
"raw_facts": {
"publisher": "SMM",
"detail_id": "104081947",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:05",
"product": "1#电解铜",
"unit": "元/吨",
"basis_comparison_note": "SMM页面标注：对沪期铜当月合约，次月票；原文未进一步解释次月票定义",
"main_contract": "沪铜2609",
"spot_average_change_vs_previous_update": "-205.00元/吨",
"basis_average_change_vs_previous_update": "+140.00元/吨",
"flat_copper_spot_average_change": "-190.00元/吨",
"flat_copper_basis_average_change": "+155.00元/吨",
"high_premium_copper_spot_average_change": "-210.00元/吨",
"high_premium_copper_basis_average_change": "+135.00元/吨",
"Guiyang_copper_spot_average_change": "-200.00元/吨",
"Guiyang_copper_basis_average_change": "+145.00元/吨",
"wet_process_copper_spot_average_change": "-210.00元/吨",
"wet_process_copper_basis_average_change": "+135.00元/吨",
"absolute_spot_and_basis_values": "登录后可见，原文公开部分仅给出较上个更新日变动"
},
"transmission_chain": "SMM公布1#电解铜升贴水均价较上个更新日上涨140元/吨、现货均价下跌205元/吨→现货相对期货偏强与绝对价格走弱并存→铜价短线方向信号中性。",
"invalidation_conditions": "SMM更正2026-08-27 1#电解铜现货均价变动、升贴水均价变动、比较口径或单位。",
"source_urls": [
"https://hq.smm.cn/copper/content/104081947"
],
"source_tier": "B"
},
{
"event_id": "mysteel-cu-20260827-chongqing-basis",
"title": "重庆铜现货升贴水均价报升100元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:09:00Z",
"published_at_utc": "2026-08-27T03:09:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 96,
"horizon": "intraday",
"raw_facts": {
"publisher": "Mysteel",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:09",
"market": "重庆",
"product": "1#电解铜",
"unit": "元/吨",
"spot_mid_price": "108980元/吨，较上一交易日-280元/吨",
"spot_basis_range": "升0—升200元/吨",
"spot_basis_average": "升100元/吨",
"basis_change_vs_previous_day": "持平",
"market_note": "终端消费表现不佳，长单提货节奏放缓，成交清淡"
},
"transmission_chain": "重庆1#电解铜现货升贴水均价报升100元/吨且较上一交易日持平、现货中间价下跌280元/吨→区域现货支撑未继续增强且终端提货偏弱→铜价短线信号中性。",
"invalidation_conditions": "Mysteel更正重庆1#电解铜中间价、升贴水区间、均价、日变动或市场描述。",
"source_urls": [
"https://youse.mysteel.com/a/26082711/FE80E5985CF3894A.html"
],
"source_tier": "B"
},
{
"event_id": "nea-power-20260827-market-volume",
"title": "7月全国电力交易电量同比增18.5%",
"event_type": "infrastructure_demand",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:15:55Z",
"published_at_utc": "2026-08-27T03:15:55Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 99,
"horizon": "weeks",
"raw_facts": {
"publisher": "国家能源局",
"data_period": "2026年1—7月及2026年7月",
"published_time_beijing": "2026-08-27 11:15:55",
"unit": "亿千瓦时",
"july_total_market_trading_electricity": "7404，同比增长18.5%",
"july_intra_provincial": "5491，同比增长19.0%",
"july_interprovincial_and_interregional": "1913，同比增长17.2%",
"january_to_july_total": "44252，同比增长23.4%",
"july_medium_and_long_term": "6786",
"july_spot": "618",
"july_green_power": "277，同比增长2.7%",
"july_market_agent_purchase": "872"
},
"transmission_chain": "国家能源局披露7月全国电力交易电量7404亿千瓦时、同比增长18.5%，但该指标不直接等同于电网投资或铜铝实物消费→电力交易活动指标改善对工业金属需求只形成待验证的中性偏正信号→SSE.512400有色金属价格方向暂不因该单项数据改变。",
"invalidation_conditions": "国家能源局修订2026年7月或1—7月全国电力市场交易电量、同比增速或分项数据。",
"source_urls": [
"https://www.nea.gov.cn/20260827/86a3984d71804083b3ddabc50d74068a/c.html"
],
"source_tier": "A"
},
{
"event_id": "smm-cu-20260827-regional-basis",
"title": "SMM华北铜对当月合约升水170元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:16:00Z",
"published_at_utc": "2026-08-27T03:16:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 1
},
"confidence": 97,
"horizon": "intraday",
"raw_facts": {
"publisher": "SMM",
"data_date": "2026-08-27",
"market": "华东、华北、西南；最新细项为华北",
"product": "1#电解铜",
"unit": "元/吨",
"source_reports": "104081658于11:14发布分地区变动；104082433于11:16发布华北细项",
"regional_changes_from_104081658": {
"华东": "现货均价较上个更新日-225.00元/吨；升贴水均价+120.00元/吨",
"华北": "现货均价较上个更新日-245.00元/吨；升贴水均价+100.00元/吨",
"西南": "现货均价较上个更新日-135.00元/吨；升贴水暂无变化"
},
"north_basis_comparison": "对当月合约",
"north_spot_basis_range": "升水100—升水240元/吨",
"north_spot_basis_average": "升水170元/吨，较上一交易日+100元/吨",
"north_spot_average_price": "109090元/吨，较上一交易日-245元/吨",
"market_note": "月末货源收紧，持货商挺价",
"merge_note": "华北+100元/吨变动在分地区稿与华北细项稿中一致，合并为同一最新区域事件"
},
"transmission_chain": "SMM华北1#电解铜对当月合约升水均价升至170元/吨、较上一交易日增加100元/吨而现货均价下跌245元/吨→月末区域可流通货源偏紧的基差信号增强→铜价短线获得区域现货支撑。",
"invalidation_conditions": "SMM更正华东、华北或西南现货与升贴水变动，或更正华北升贴水区间、均价、现货价格及比较合约。",
"source_urls": [
"https://hq.smm.cn/copper/content/104081658",
"https://hq.smm.cn/copper/content/104082433"
],
"source_tier": "B"
},
{
"event_id": "nea-green-20260827-price-index",
"title": "7月中国绿证价格指数环比涨23.1%",
"event_type": "infrastructure_demand",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:16:21Z",
"published_at_utc": "2026-08-27T03:16:21Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 99,
"horizon": "weeks",
"raw_facts": {
"publisher": "国家能源局",
"data_period": "2026年7月",
"published_time_beijing": "2026-08-27 11:16:21",
"index_base": "2025年1月=100点",
"green_certificate_price_index": "222.8点",
"month_on_month_change": "+23.1%",
"year_on_year_change": "+11.2%",
"compilers": "国家发改委价格监测中心、国家能源局电力业务资质管理中心"
},
"transmission_chain": "国家能源局披露7月中国绿证价格指数收于222.8点、环比上涨23.1%且同比上涨11.2%，但该指标不直接给出新能源装机、电网投资或铜铝消费→可再生能源环境价值定价改善对有色需求仅形成待验证的中性信号→SSE.512400有色金属价格方向暂不因该单项数据改变。",
"invalidation_conditions": "国家能源局修订2026年7月绿证价格指数、基期、环比或同比数据。",
"source_urls": [
"https://www.nea.gov.cn/20260827/49fc6ada6cba44a9984d9839d22b4944/c.html"
],
"source_tier": "A"
},
{
"event_id": "smm-zn-20260827-shanghai-basis",
"title": "上海锌下月票对SMM均价升水30—50元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:37:00Z",
"published_at_utc": "2026-08-27T03:37:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 1
},
"confidence": 94,
"horizon": "intraday",
"raw_facts": {
"publisher": "SMM",
"detail_id": "104082547",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:37",
"market": "上海",
"product": "0#锌、1#锌",
"unit": "元/吨",
"basis_comparison_note": "原文口径为下月票对SMM均价；未提供对某一沪锌合约的比较",
"zero_zinc_main_transaction_range": "26395—26695元/吨",
"shuangyan_transaction_range": "26545—26835元/吨",
"one_zinc_main_transaction_range": "26325—26625元/吨",
"next_month_ticket_basis_to_smm_average": "升水30—50元/吨",
"market_note": "沪锌期货价格继续上扬，市场氛围清淡"
},
"transmission_chain": "SMM显示上海锌下月票对SMM均价报价升水30—50元/吨且0#锌主流成交价为26395—26695元/吨→现货相对均价保持正溢价但成交氛围清淡→锌价短线现货支撑有限偏正。",
"invalidation_conditions": "SMM更正上海0#锌或1#锌成交区间、下月票升水区间、比较口径或市场描述。",
"source_urls": [
"https://hq.smm.cn/zinc/content/104082547"
],
"source_tier": "B"
},
{
"event_id": "smm-zn-20260827-tianjin-basis",
"title": "天津0#锌对2609合约贴水65—120元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:42:00Z",
"published_at_utc": "2026-08-27T03:42:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 95,
"horizon": "intraday",
"raw_facts": {
"publisher": "SMM",
"detail_id": "104082619",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:42",
"market": "天津",
"product": "0#锌锭、1#锌锭",
"unit": "元/吨",
"zero_zinc_main_transaction_range": "26280—26640元/吨",
"zijin_transaction_range": "26460—26740元/吨",
"one_zinc_transaction_range": "26280—26570元/吨附近",
"zijin_basis_to_2609": "升水60元/吨附近",
"zero_zinc_basis_to_2609_original_quote": "原文顺序为贴水40—贴水120元/吨附近",
"zero_zinc_basis_to_2609_normalized_range": "贴水65—120元/吨附近",
"tianjin_vs_shanghai": "津市较沪市贴水50元/吨附近",
"market_note": "锌价继续上冲，市场交投不活跃"
},
"transmission_chain": "SMM显示天津0#锌锭对沪锌2609合约贴水65—120元/吨、津市较沪市贴水50元/吨，同时紫金品牌升水60元/吨→区域品牌与流向分化、非标锌现货相对期货偏弱→锌价短线信号中性。",
"invalidation_conditions": "SMM更正天津0#锌及紫金品牌成交区间、对2609升贴水、津沪价差或单位。",
"source_urls": [
"https://hq.smm.cn/zinc/content/104082619"
],
"source_tier": "B"
},
{
"event_id": "mysteel-zn-20260827-shanghai-basis",
"title": "上海国产锌锭对2609升水40—90元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:46:00Z",
"published_at_utc": "2026-08-27T03:46:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 1
},
"confidence": 96,
"horizon": "intraday",
"raw_facts": {
"publisher": "Mysteel",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:46",
"market": "上海",
"product": "国产锌锭",
"unit": "元/吨",
"basis_comparison": "沪锌2609合约",
"shanghai_market_basis": "上海市场报价升水10元/吨",
"domestic_zinc_ingot_basis": "国产锌锭报价升水40—90元/吨附近",
"basis_subject_note": "原文同时列出上海市场报价与国产锌锭报价，未明确两者是否为同一品牌口径",
"shanghai_main_contract_close": "26540元/吨，涨1.09%",
"open_high_low": "开26455元/吨；高26745元/吨；低26415元/吨",
"market_note": "沪锌上行，下游买货意愿较差"
},
"transmission_chain": "Mysteel显示上海国产锌锭对沪锌2609合约升水40—90元/吨、沪锌主力午间收于26540元/吨且上涨1.09%，但下游买货意愿较差→现货保持正基差而需求承接偏弱→锌价短线支撑偏正且上行空间受需求约束。",
"invalidation_conditions": "Mysteel更正上海锌现货升贴水、产品口径、沪锌2609比较合约、午间收盘价或盘中高低点。",
"source_urls": [
"https://youse.mysteel.com/a/26082711/7EB898AD85ADA2C8.html"
],
"source_tier": "B"
},
{
"event_id": "mysteel-sn-20260827-tc",
"title": "锡精矿加工费较上一交易日持平",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:53:00Z",
"published_at_utc": "2026-08-27T03:53:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 96,
"horizon": "weeks",
"raw_facts": {
"publisher": "Mysteel",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 11:53",
"market": "国内锡精矿",
"product": "40%锡精矿、60%锡精矿",
"metric_kind": "TC（精矿加工费）",
"unit": "元/金属吨",
"forty_percent_tc_range": "16500—18500元/金属吨，均价17500元/金属吨，较上一交易日持平",
"sixty_percent_tc_range": "12500—14500元/金属吨，均价13500元/金属吨，较上一交易日持平",
"related_spot_price": "1#锡锭419500—422500元/吨，均价421000元/吨，较8月26日-5750元/吨",
"market_note": "原料紧缺、下游刚需采购，高价观望浓厚"
},
"transmission_chain": "Mysteel显示40%和60%锡精矿加工费均较上一交易日持平、均价分别为17500和13500元/金属吨，而1#锡锭均价较8月26日下跌5750元/吨→加工费本身未继续变化但成品价格承压→锡价短线方向中性偏弱。",
"invalidation_conditions": "Mysteel更正40%或60%锡精矿加工费区间、均价、日变动、锡锭价格或单位。",
"source_urls": [
"https://youse.mysteel.com/a/26082711/80B20EB58EBEC872.html"
],
"source_tier": "B"
},
{
"event_id": "mysteel-cu-20260827-guangdong-basis",
"title": "广东铜现货升贴水报升170—260元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T03:54:00Z",
"published_at_utc": "2026-08-27T03:54:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 1
},
"confidence": 97,
"horizon": "intraday",
"raw_facts": {
"publisher": "Mysteel",
"data_date": "2026-08-27",
"market": "广东",
"product": "1#电解铜",
"unit": "元/吨",
"basis_comparison": "对沪铜2609合约",
"earlier_report": "11:13发布的广东市场行情：现货均价109035元/吨，较上日-270元/吨；升贴水均价215元/吨，较上日+10元/吨，上周同期145元/吨",
"midday_report_published_time_beijing": "2026-08-27 11:54",
"spot_mid_price": "109035元/吨，较上一交易日-270元/吨",
"spot_basis_range": "升170—升260元/吨，较上一交易日+10元/吨",
"morning_flat_copper_basis": "升170元/吨",
"market_note": "高铜价抑制下游需求，加工企业以刚需采购为主，成交表现一般",
"merge_note": "11:13均价215元/吨位于11:54区间170—260元/吨内；两篇原生详情合并，避免同一市场更新重复计分"
},
"transmission_chain": "Mysteel两篇广东铜原生详情显示升贴水均价215元/吨、午评区间升170—升260元/吨且较上日升10元/吨，而现货中间价下跌270元/吨→区域现货基差支撑增强但高价抑制成交→铜价短线现货支撑偏强、需求确认不足。",
"invalidation_conditions": "Mysteel更正广东1#电解铜现货中间价、升贴水均价或区间、日变动、比较合约或成交描述。",
"source_urls": [
"https://dianjietong.mysteel.com/m/26082711/33EB38403E968C25.html",
"https://youse.mysteel.com/a/26082711/E24D9AD4C679704F.html"
],
"source_tier": "B"
},
{
"event_id": "smm-zn-20260827-guangdong-basis",
"title": "广东0#锌对2610合约贴水65—95元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T04:01:00Z",
"published_at_utc": "2026-08-27T04:01:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": -1
},
"confidence": 94,
"horizon": "intraday",
"raw_facts": {
"publisher": "SMM",
"detail_id": "104082858",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 12:01",
"market": "广东",
"product": "0#锌",
"unit": "元/吨",
"zero_zinc_main_transaction_range": "26390—26650元/吨",
"basis_to_2610_original_quote": "原文顺序为贴水95—贴水65元/吨",
"basis_to_2610_normalized_range": "贴水65—95元/吨",
"basis_to_shanghai_spot": "升水25元/吨",
"market_note": "市场成交差，现货升水降，沪粤价差扩大"
},
"transmission_chain": "SMM显示广东0#锌对沪锌2610合约维持贴水65—95元/吨、对上海现货升水25元/吨且沪粤价差扩大→广东区域相对期货的现货信号偏弱、跨区价差扩大→锌价短线区域需求压力偏空。",
"invalidation_conditions": "SMM更正广东0#锌成交区间、对2610升贴水、对上海现货价差或市场描述。",
"source_urls": [
"https://hq.smm.cn/zinc/content/104082858"
],
"source_tier": "B"
},
{
"event_id": "smm-cu-20260827-yangshan-premium",
"title": "人民币洋山铜溢价较上个更新日涨0.09元",
"event_type": "spot_basis",
"event_time_quality": "exact",
"event_time_utc": "2026-08-27T04:05:00Z",
"published_at_utc": "2026-08-27T04:05:00Z",
"asset_keys": [
"NONFERROUS"
],
"direction_score": {
"NONFERROUS": 0
},
"confidence": 88,
"horizon": "days",
"raw_facts": {
"publisher": "SMM",
"detail_id": "104082873",
"data_date": "2026-08-27",
"published_time_beijing": "2026-08-27 12:05",
"market": "洋山",
"product": "人民币洋山铜溢价",
"unit": "元/吨",
"average_change_vs_previous_update": "+0.09元/吨",
"absolute_premium": "登录后可见",
"related_quotes": "洋山铜溢价（仓单）和洋山铜溢价（提单）同日可见正文标为暂无变化",
"interpretation_limit": "仅能确认变动值，绝对溢价不可见，不能据此量化进口需求或价格方向"
},
"transmission_chain": "SMM公布人民币洋山铜溢价均价较上个更新日上涨0.09元/吨，但绝对溢价不可见且仓单/提单溢价标为暂无变化→进口铜溢价指标有边际更新但信号强度无法确认→铜价短线方向维持中性并待绝对值确认。",
"invalidation_conditions": "SMM更正人民币洋山铜溢价变动、单位、数据日期或相关仓单/提单报价状态。",
"source_urls": [
"https://hq.smm.cn/copper/content/104082873"
],
"source_tier": "B"
}
]This story was produced automatically by a channel. One sentence is all it takes for Neodrop to keep producing for you.