ͨºÏ¿Æ¼¼¹É°É¶«·½²Æ¸»Íø£¨Í¨ºÏ¿Æ¼¼¹ÉƱ×îÐÂÏûÏ¢£©
1¡¢¶«·½²Æ¸»¹ÉƱÔõôÑù
¶«·½²Æ¸»ÊÇÎÒ¹úÁìÏȵÄÍøÂç²Æ¾ÐÅϢƽ̨×ÛºÏÔËÓªÉÌ£¬¹«Ë¾ËùÔËÓªµÄ"¶«·½²Æ¸»Íø"ÊÇÎÒ¹úÓû§·ÃÎÊÁ¿×î´óµÄ»¥ÁªÍø²Æ¾ÐÅϢƽ̨֮һ¡£Æ¾½è×Å"¶«·½²Æ¸»Íø"¼°ÆìÏÂ×ÓÆµµÀµÄÁ¼ºÃƽ̨£¬¹«Ë¾¼¯¾ÛÅÓ´óµÄÓû§×ÊÔ´£¬¾ßÓÐÐÐÒµÁìÏȵÄÓû§ð¤ÐÔ£¬ÐγÉÁ˹«Ë¾µÄºËÐľºÕùʵÁ¦¡£¹«Ë¾ÆìÏ´ú±íÍøÕ¾°üÀ¨¶«·½²Æ¸»Íø¡¢ÌìÌì»ù½ðÍø¡¢¹É°ÉµÈ¡£¹«Ë¾Í¨¹ý¸ÃÍøÕ¾Æ½Ì¨ÌṩרҵµÄ¡¢¼°Ê±µÄ¡¢º£Á¿µÄ×ÊѶÐÅÏ¢£¬Âú×ã¹ã´ó»¥ÁªÍøÓû§¶ÔÓڲƾ×ÊѶºÍ½ðÈÚÐÅÏ¢µÄÐèÇ󡣯¾½è×Å"¶«·½²Æ¸»Íø"¼°ÆìÏÂ×ÓÆµµÀµÄÁ¼ºÃƽ̨£¬¹«Ë¾¼¯¾ÛÅÓ´óµÄÓû§×ÊÔ´£¬¾ßÓÐÐÐÒµÁìÏȵÄÓû§ð¤ÐÔ£¬ÐγÉÁ˱¾¹«Ë¾µÄºËÐľºÕùʵÁ¦¡£ÒÀ¿¿¹«Ë¾¾ßÓеĺËÐÄÁ÷Á¿¼ÛÖµ£¬Í¨¹ýÉÌÒµ»¯¿ª·¢ÔË×÷£¬¹«Ë¾µÄ¾¼Ã¼ÛÖµÖð½¥ÏÔÏÖ£¬»¥ÁªÍø¹ã¸æ·þÎñºÍ¸¶·Ñ½ðÈÚÊý¾Ý·þÎñÒµÎñ³ÖÐø¿ìËÙ·¢Õ¹¡£
¹«Ë¾µÃÒæÓÚÐÐÒµ¾°Æø¶È²»¶ÏÌáÉý£¬Æ¾½èÆäºËÐľºÕùÁ¦Õ¼¾Ý½Ï´óµÄÊг¡·Ý¶î£¬ÍøÕ¾×ÛºÏÅÅÃûÖУ¬¶«·½²Æ¸»ÍøµÄÈÕ¾ù¸²¸ÇÈËÊýºÍÈÕ¾ùä¯ÀÀÒ³ÃæÊý¾ùÅÅÔÚ¹úÄÚ²Æ¾ÍøÕ¾µÚһλ¡£²»¹ý¹«Ë¾ÒµÎñÓë¾¼ÃÖÜÆÚÏà¹ØÐÔÇ¿£¬ÓÈÆäÊǽðÈÚÊг¡ÖÜÆÚ£¬¹Ê´æÔÚÒµ¼¨²¨¶¯½Ï´óµÄ·çÏÕ¡£±¾´Î=×ʽðͶÏòµÄ´óÐÍÍøÂçÔÚÏ߯½Ì¨ÏµÍ³Éý¼¶ÏîÄ¿¡¢ÔÚÏß½ðÈÚÊý¾Ý·þÎñϵͳÉý¼¶ÏîÄ¿ºÍ»ùÓÚÊÖ»ú¶ËµÄ²Æ¾ÐÅÏ¢·þÎñϵͳÏîÄ¿½«ÓÐЧÌá¸ß"¶«·½²Æ¸»Íø"µÄ¸ºÔØÄÜÁ¦ºÍÏìÓ¦ËÙ¶È£¬Ìá¸ßÍøÕ¾µÄ¿É¿¿ÐÔ¡¢Îȶ¨ÐԺͰ²È«ÐÔ¡£Ëæ×Å£¬½ðÈÚÊý¾Ý·þÎñ¹¦Äܲ»¶Ï·á¸»£¬Î´À´ÊÕÈ뽫ά³Ö¸ßËÙÔö³¤¡£
2¡¢»¥ÁªÍø¸ÅÄî¹ÉƱÓÐÄÄЩ
¶«·½²Æ¸»£¬´óÖǻۣ¬Í¬»¨Ë³£¬Öпƽð²Æ
3¡¢½ñÌì´´Òµ°åÊÕÅÌ33.56µÄ¹ÉƱÊÇÄĸö£¿
2020Äê1ÔÂ8ÈÕ´´Òµ°åÊÕÅ̼Û33.56µÄ¹ÉƱÊÇ300457Ó®ºÏ¿Æ¼¼
4¡¢2020ÄêÍæ¶ù¹ÉƱĿǰ¶¼ÓÃʲôÈí¼þÄØ£¿
ÄãºÃ£¡ÎҵĻشðÊÇÖ¸ÄÏÕ룡ϣÍûÄܹ»°ïµ½Ä㣡лл£¡
5¡¢×òÌìÊÕÅ̼Û121ÔªµÄ¹ÉƱ
300491ͨºÏ¿Æ¼¼ 2016Äê11ÔÂ24ÈÕÊÕÅ̼ÛΪ121Ôª¡£
6¡¢Í¨ºÏ¿Æ¼¼¹ÉƱʲôʱºò¸´ÅÆ
Õâ¸öºÜÄÑ˵µÄ£¬ÖØ´ó×ʲúÖØ×éÊÂÏî±¾Éí¾Í´æÔÚ²»È·¶¨ÐÔ£¬¶øÇÒÿ¸öÉÏÊй«Ë¾µÄÖØ´ó×ʲúÖØ×é¹ÉÆ±Í£ÅÆÊ±¼äÊDz»Í¬µÄ£¬ÓеĴóÐÍÆóÒµ×ʲúÖØ×é±È½ÏÄÑ£¬ËùÒÔÓеĻáÍ£ÅÆÒ»Äê¶à£¬µ«Ò²ÓеÄÒ»¸ö¶àÔ¾͸´ÅÆÁË£¬¼ÈÈ»ÒѾ³Ö¹É£¬¾Í°²ÐĵȺò°É¡£
7¡¢´óºÀ¿Æ¼¼±ä³Éxd´óºÀ¿ÆÊÇʲôÒâ˼
Ò»°ã˵µÄÂ×ÍÖ¸µÄÊǵÚÒ»¸ö£¬¼´µç×ÓÅ̵Ä×ßÊÆ¡£ÒÔÏÂÊÇÇø±ð
LmeS_Í3µç×ÓÅÌ£¨Lme-Select£©0900 - 0300£¨µÚ2ÌìÁ賿£©
Â×¶Ø3ÔÂÆÚÍ£¬Õâ¸öºÏÔ¼²¢²»ÊÇijµ¥¸öºÏÔ¼µÄ˵·¨£¬¶øÊǸù¾Ýʱ¼äµ÷Õû¡£ÀýÈç3Ô·ÝLmeS-Í3ÊÇÖ¸¸Ã½»Ò×ËùÍ6Ô·ݺÏÔ¼£¬¶øµ½ÁË4Ô·ÝLmeS-Í3¾Í±ä³ÉÁ˸ý»Ò×ËùÍ7ÔºÏÔ¼¡£
LMEÍ03³¡Íâ½»Ò×£¨Inter Office Market£¬ÓÖ³ÆÎª°ì¹«ÊÒ¼´µç»°½»Ò×£©24Сʱ²»¼ä¶Ï
³¡ÄÚÍ03³¡ÄÚ½»Ò×£¨Ring Trading & KERB Trading£©19:45-01:00£¨µÚ2ÌìÁ賿£©
Çë×¢ÒâÏÄÌìÒòΪӢ¹úÓÃÏÄÁîʱ£¬½»Ò׵ı±¾©Ê±¼äÌáǰ1Сʱ
×ÛºÏÍ03ΪÁËÈôó¼Ò¿´µ½LmeÊг¡µÄÕûÌå×ßÊÆ£¬ÎÄ»ª²Æ¾ÔÚ¡°Lme³¡Íâʵʱ¡±ÖÐÔö¼Ó¡°×ÛºÏÍ 03¡±¡¢¡°×ÛºÏÂÁ03¡±¡¢¡°×ÛºÏп03¡±¡¢¡°×ÛºÏÄø03¡±¡¢¡°×ÛºÏÎý03¡±¡¢¡°×ÛºÏǦ03¡±¡¢¡°ºÏ½ð×Û03¡±ÐéÄâÆ·ÖÖ¡£
ÐéÄâÆ·ÖÖÊǽ«³¡Íâ¡¢³¡ÄÚ¡¢µç×ÓÅÌ£¨Lme-Select£©×ÛºÏÔÚÒ»Æð£¬Ê¹·ÖÖÓͼ±í¸ü¼ÓÍêÕû¡¢Á¬Ðø¡¢¹æÔò£¬Äܹ»È«Ãæ½ÒʾLmeÕûÌå×ßÊÆ¡£
LMEȦÄÚ½»Ò×ÉÏÎçÓëÏÂÎç¸÷ÓÐÁ½½Ú£¬×ܹ²ÎªËĽÚ(ring)¡£ÉÏÎçȦÄÚ½»Ò×½áÊø£¬¼´µÚ¶þ½ÚȦÄÚ½»Ò×µÄÒ»±ÊÏÖ»õ³ö¼Û¾Í³ÉΪLMEµÄ¹Ù·½½áËã¼Û¡£¸Ã¼Û¸ñÊܵ½Ïà¹ØÊг¡µÄÆÕ±éÈÏͬ£¬³£±»ÊÓΪÏÖ»õ¶¨¼ÛµÄ»ù´¡¡£
ÆÚ»õÌùË®£¨contango)ÊÇÖ¸½üÆÚ¼Û¸ñµÍÓÚÔ¶ÆÚ¼Û¸ñ¡£ÀýÈçÈôÏÖ»õ/Èý¸öÔÂÆÚ»õΪÌùË®18ÃÀÔª(¼´¡ç18c)£¬Ôò±íʾÏÖ»õ¼Û½ÏÈý¸öÔÂÆÚ»õ¼ÛµÍ18ÃÀÔª¡£¼ÙÉèÈý¸öÔÂÆÚ¼ÛΪ1680ÃÀÔª/¶Ö£¬ÄÇôÏÖ»õ¼Û¾ÍΪ1662(1680-18=1662)ÃÀÔª/¶Ö¡£
ÆÚ»õÉýË®£¨backardation)ÊÇÖ¸½üÆÚ¼Û¸ñ¸ßÓÚÔ¶ÆÚ¼Û¸ñ¡£ÓëÉÏÀýÕýÏà·´¡£
Èç¹ûÏÖ»õ¼Û¸ßÓÚÆÚ»õ¼Û£¬¾Í˵ÏÖ»õ¶ÔÆÚ»õÉýË®£¬»òÕß˵ÆÚ»õ¶ÔÏÖ»õÌùË®¡£
ͨ¹ý·͸LMEµÄ±¨¼ÛÆÁÄ»£¬Ò»°ã¿ÉÒÔ¿´µ½Á½¸ö±¨¼Û£¬Ò»¸öÊÇÈýÔÂÆÚ͵ÄÂòÂô±¨¼Û£¬ÁíÒ»¸öÊÇÉýÌùË®µÄ±¨¼Û£¬ÌùË®Óã¨c£©±íʾ£¬ÉýË®Óã¨b£©±íʾ£¬ÏÖ»õ¼ÛµÈÓÚÈýÔÂÆÚͼõÌùË®£¬£¨»òÈýÔÂÆÚͼÓÉÏÉýË®£©¡£
ÒÔϵÄÓ¢ÎÄÄÚÈÝÕª×ÔLME¹Ù·½ÍøÕ¾¡£
Ring Trading - During ring trading (11.45-17.00 London time), LME staff constantly input bid, ask and trade prices for the metal and plastics futures and options contracts hich are broadcast live as trading ours.
ÒÔÉÏ˵µÄ·ÖС½ÚµÄ³¡ÄÚ½»Òס£ÎÄ»ªµÄ³¡ÄÚÍ03¾ÍÊÇÕâ¸ö¡£
Inter Office Market ¨C 24 hours a day, brokers are able to trade ¡°inter-office¡± over the telephone, during hich time contributing member firms input pre-trade indicative bid and ask prices for metal and plastics futures and options contracts
ÕâÀï˵µÄÊÇ24СʱµÄ½»Ò×£¬½»Ò×Õßͨ¹ýµç»°½øÐб¨µ¥½»Òס£ÎÄ»ªµÄ¡°LMEÍ03¡±¾ÍÊÇÖ¸Õâ¸ö¡£
LME Select ¨C Beteen 01.00 and 19.00 (London time), LME Member firms execute trades electronically for all LME contracts that are published directly via the LME Select feed to licensed distributors and Member firms.
»áԱͨ¹ýµç×Ó½»Ò×ϵͳ½øÐн»Ò×£¬0100-1900£¬ÎÄ»ªµÄLmeS_Í03¾ÍÊÇÕâ¸ö½»Òס£
½ø¿Ú³É±¾=(lmeÈýÔÂµÄÆÚ¼Û+¶ÔÓ¦Ô·ݵÄÉýÌùË®+µ½°¶ÉýÌùË®)»ãÂÊ(1+Ôöֵ˰)(1+¹ØË°) +Ô***°
½ø¿Ú±ÈÖµ=½ø¿Ú³É±¾/(lmeÈýÔÂµÄÆÚ¼Û+¶ÔÓ¦Ô·ݵÄÉýÌùË®)
×¢LME²»ÊµÐÐÕǵøÍ£°åÖÆ¶È
KÏßͼ½â
- ÌìÇØ×°±¸¹ÉƱ´úÂ루ÌìÇØ×°±¸¹ÉƱо£©
- ͨÓûúеÐÐÒµÖÜÎåÉÏÕÇ0.6% Ö÷Á¦×ʽð¾»Á÷Èë-3.55ÒÚÔª
- aÀà¹ÉƱºÍbÀà¹ÉÆ±Çø±ðcÀà¹ÉƱ£¨¸Û¹ÉbÀà¹ÉƱ£©
- Ë÷Á¦µÃ2020Äê²Æ±¨Èý´ó¹Ø¼ü´Ê£ºÔöÀûÈó ÌáÖÊÁ¿ ½µ·çÏÕ
- ¹«Ä¼¼ÓËÙ²¼¾ÖÉî¸Ûͨ Êг¡ÈËÊ¿¿´ºÃ¹úÆó»ì¸ÄPPPµÈ
- a¹É·ÖΪ¶àÉÙ¸öÐÐÒµ£¨¸÷ÐÐÒµ¸ÅÄî¹ÉÁúÍ·Ò»ÀÀ£©
- ¹ÉƱʲôÊǽð²æÐÎ̬£¨½ð²æ×ßÊÆÊ²Ã´Òâ˼£©
- »ù½ðÖØ²Ö¹ÉÔú¶ÑÍ£ÅÆ ²¿·Ö»ù½ðÊ®´óÖØ²Ö¹É3Ö»Í£ÅÆ
- ÉúÎïÒ½Ò©¸ÕÐè³£ÔÚ Ê®Óà¼Ò´¨ÆóÓ¡°Éý¡±»ú
- ÐÂÐͳÇÕò»¯¸ÅÄî10ÔÂ21ÈÕÉÏÕÇ0.1% Ö÷Á¦×ʽð¾»Á÷Èë-1.37ÒÚÔª
- ºÎʱ´òйÉÖÐÇ©Âʸߣ¨Ò»Î»ÖÐÇ©¸ßµÄ×ÔÊö£©
- ÖÐÐÅÒøÐÐÐÅÓÿ¨µ±ÌìÉêÇ뼸Ììµ½£¨ÖйúÒøÐÐÐÅÓÿ¨£©
- Óиú»ªÑ¶Í¶×Ê×ö¹ýµÄÂ𣨻ªÑ¶Í¶×Ê¹ÉÆ±½»Á÷Ⱥ£©
- ÖíÈâ¸ÅÄîµ±Ììϵø3.05% Ö÷Á¦×ʽð¾»Á÷Èë-10.79ÒÚÔª
- »¦½ðÓëÂ׶ؽð·çÏնԱȣ¨Å¦Ô¼½ð¼Û¸ñΪɶҪ¸ßÓÚÂ׶ؽð£©
- ÐÐÒµÐÎÊÆ¶Ô¹ÉƱ¼Û¸ñ×ßÊÆÓкÎÓ°Ï죨¹ÉƱµÄ»ù±¾Ç÷ÊÆµÄ¶¨Ò壩