国际银价趋稳之际，中国白银现货仍趋紧：上期所近月合约创纪录升水_老虎社区_美港股上老虎

国际银价趋稳之际，中国白银现货仍趋紧：上期所近月合约创纪录升水

华尔街见闻02-11

国际白银价格在经历剧烈波动后趋于平稳，但中国市场的供应紧张局面仍在持续，投资和工业需求正在消耗库存。2月10日，国际现货白银价格横盘震荡于每盎司80美元，金银比也稳定于61倍附近。（金银比近62倍，截至2月10日美股尾盘）据彭博社报道，上海期货交易所近月白银合约溢价已飙升至创纪录水平，这一强烈的现货升水结构显示，市场对即期交割的白银存在强烈需求。四川天府银行高级分析师Zhang Ting表示：如此...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

暂无评论

热议股票

7x24

全部

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2610607696?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/cb26334bf6f4e25ca891e786d2e0bdfb","is_english":false,"pubTime":"2026-02-11 13:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610607696","market":"nz","top_or_hot":-1,"title":"国际银价趋稳之际，中国白银现货仍趋紧：上期所近月合约创纪录升水","media":"华尔街见闻","content":"<div>\n<p>国际白银价格在经历剧烈波动后趋于平稳，但中国市场的供应紧张局面仍在持续，投资和工业需求正在消耗库存。2月10日，国际现货白银价格横盘震荡于每盎司80美元，金银比也稳定于61倍附近。（金银比近62倍，截至2月10日美股尾盘）据彭博社报道，上海期货交易所近月白银合约溢价已飙升至创纪录水平，这一强烈的现货升水结构显示，市场对即期交割的白银存在强烈需求。四川天府银行高级分析师Zhang Ting表示：如此...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3765474\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>国际银价趋稳之际，中国白银现货仍趋紧：上期所近月合约创纪录升水</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n国际银价趋稳之际，中国白银现货仍趋紧：上期所近月合约创纪录升水\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-11 13:05 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3765474><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>国际白银价格在经历剧烈波动后趋于平稳，但中国市场的供应紧张局面仍在持续，投资和工业需求正在消耗库存。2月10日，国际现货白银价格横盘震荡于每盎司80美元，金银比也稳定于61倍附近。（金银比近62倍，截至2月10日美股尾盘）据彭博社报道，上海期货交易所近月白银合约溢价已飙升至创纪录水平，这一强烈的现货升水结构显示，市场对即期交割的白银存在强烈需求。四川天府银行高级分析师Zhang Ting表示：如此...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3765474\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SILJ","symbol_name":"Amplify Junior Silver Miners ETF","start_time":0,"source_url":"https://wallstreetcn.com/articles/3765474","article_id":"2610607696","we_media_id":"1084101182","thumbnails":["https://static.tigerbbs.com/cb26334bf6f4e25ca891e786d2e0bdfb"],"rights":{"source":null,"url":"https://wallstreetcn.com/articles/3765474","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2610607696","pubTimestamp":1770786314,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"华尔街见闻","introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"summary":"上海期货交易所和上海黄金交易所指定仓库的白银库存已降至十多年来的最低水平。需求来自持续高涨的实物投资需求，以及太阳能等工业领域的集中采购。分析师认为，除非冶炼厂春节期间超常规增产，否则紧张局面短期难缓解，将持续影响工业采购成本。","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"zh","relate_stocks":{"601012":"隆基绿能","601212":"白银有色","SILJ":"Amplify Junior Silver Miners ETF","GBUG":"Sprott Active Gold & Silver Miners ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","CEF":"Sprott Physical Gold & Silver Trust","AG":"First Majestic Silver Corporation","PSLV":"Sprott Physical Silver Trust","SLV":"白银ETF-iShares","PAAS":"泛美白银","AGQ":"2倍做多白银ETF-ProShares","00815":"中国白银集团","SLVP":"iShares MSCI Global Silver and Metals Miners ETF","SIVR":"Abrdn Silver ETF Trust","BK4585":"ETF&股票定投概念","SLVR":"Sprott Silver Miners & Physical Silver ETF","KSLV":"Kurv Silver Enhanced Income ETF","ZSL":"Proshares二倍做空白银ETF","BK4547":"WSB热门概念","SVM":"Silvercorp Metal","BK4535":"淡马锡持仓","FSM":"Fortuna Silver Mines Inc","SIL":"Silver Miners Etf","BK4588":"碎股"},"translate_title":"As international silver prices stabilize, Chinese silver spot prices are still tightening: front-month contracts on the Shanghai Futures Exchange hit record premiums","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/e33704685697dec16ee023e2e49904cf","symbols_score_info":{"601012":1.57,"601212":1.59,"SLV":1.64,"SLVP":2,"GBUG":2,"KSLV":2,"AGQ":2,"SIVR":2,"GLTR":2,"SIL":2,"PSLV":2,"SLVR":2,"XAGUSD.FOREX":1.64,"00815":1.61,"PAAS":2,"SIL2603":2,"SImain":2,"MAG":2,"SILmain":2,"AG":2,"SILJ":2,"ZSL":2,"FSM":2,"SVM":2,"CEF":2},"content_text":"国际白银价格在经历剧烈波动后趋于平稳，但中国市场的供应紧张局面仍在持续，投资和工业需求正在消耗库存。2月10日，国际现货白银价格横盘震荡于每盎司80美元，金银比也稳定于61倍附近。（金银比近62倍，截至2月10日美股尾盘）据彭博社报道，上海期货交易所近月白银合约溢价已飙升至创纪录水平，这一强烈的现货升水结构显示，市场对即期交割的白银存在强烈需求。四川天府银行高级分析师Zhang Ting表示：如此大的现货升水是由库存危机和可交割材料的耗尽驱动的。机构仍有继续挤压市场以获取利润的动机。报道指出，上海期货交易所和上海黄金交易所指定仓库的白银库存已降至十多年来的最低水平。自去年12月下旬以来，为避免实物交割，空头不得不持续向多头支付延期费，进一步凸显了市场现货的极端稀缺性。分析师认为，这种紧张局面短期内难以缓解，除非冶炼厂能在即将到来的春节长假期间超常规提高产量。但传统上，春节往往是生产活动的淡季。市场紧张态势预计将持续影响工业用户采购成本及贸易商头寸管理。需求双引擎：投资狂热与工业备货共振当前市场的需求动力来自两方面：持续高涨的实物投资需求，以及太阳能等工业领域的集中采购。报道指出在深圳水贝，全国最大的黄金珠宝批发市场，白银投资条的需求依然旺盛。深圳国鑫贵金属公司的Liu Shunmin表示：只要有货，很快就会卖光。商家可以轻松地为投资条找到愿意支付溢价的买家。不过有迹象表明，节前的投机热情正在降温。上海期货交易所的总持仓量已降至四年多来的最低水平，投资者在春节假期前减轻了头寸。这或许意味着价格波动性将短期下降，但实物供需的基本面矛盾，仍需等待库存的实质性重建才能化解。工业需求则是另一大推手。中国的太阳能制造商在生产光伏板时需要大量使用白银。据上海苏创久盈投资管理有限公司（Shanghai Soochow Jiuying Investment Management Co.）交易负责人Jia Zheng透露，许多公司利用近期价格下跌的机会逢低买入，同时为了赶在4月1日出口退税政策结束前完成订单，正在提前安排生产，这加剧了短期内的集中采购需求。","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}