摩根大通：中国金属行业展望

发现报告商业局01-29

今日分享中国基础材料图表集：金属行业又一紧张之年摩根大通发布的这篇报告指出，2026年全球金属市场预计仍将处于供需紧平衡状态，不同品种走势分化。报告从宏观经济与政策环境入手，结合各金属品种的供需基本面、价格展望及代表性企业分析，系统梳理了行业趋势与投资逻辑。宏观层面，2025年12月及全年中国部分金属进出口数据呈现分化，如12月铁矿石进口量同比增6.4%，全年增2%，而铜12月进口量同比降...

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