????:1?????????????:??????

2??????????

3???????

4???????

5?????

?????????????????????7?????????????3%,???????????

?????????????9???????,???????????????0.8???????????????105?????????,??????????,???????????,?????????????

?????????????

????7???????????1%??????????????????,??18?????????????????,5?????????????????7280??????

?????????,??????????,????????????????????????,????????????2023???,??????????????723???????????????

????????????(Ole Hansen)???:“?????????????????????,???????????????,???????,???????????????????”

???Exinity?????????????????????(Han Tan)?????????,“???,?????”

?????????????????????,??????????,??2010?????????,??7800??????????,?????????????Metals Daily???(Ross Norman)???????,??,??????????1000???“?????????????,???????????????????????????”???

???,???????(IMF)???????,??????????????3???????????????4.448????????236.610????????????????????????;???????2???????3.079????145.661???????????????(Adam Glapinski)?????,??5????????,??????????????????

???????

???????????????????,?????,??????????2022???????????3??????????????,????15%,????????????,????

?????????,??????5????????,9??????????????6????????,??6???????????????,10?10????5%???70???

????ADP?????????????????????????????????,5????????27.2?????????????,???????4???????????0.2%???????????????????0.4%,?????????????4.1%???????,3.0%~3.5%???????????2%?????

????????????9???????????????????,9???50%???????????????????,????????2%??????????????,????,??????????

??????????,??7????????11??????????????????????????,????7????????????????????????(Michael Feroli)??????,“7??????????????????????9???,???????????,???????,????11??????????”

LPL??(Quencey Krosby)?????????,?,???,???,“????9????????????????,??,????????” ????:????????????