瑞银大宗商品日报。铁矿石受铁水产量高于预期支撑，价格上涨0.7%至96.65美元/吨；铜上涨0.5%至6.61美元/磅，因中国需求信号抵消了美国关税不确定性，LME铜三个月期价维持在14,000美元/吨上方。贵金属方面，油价走低缓解通胀担忧，金价上涨0.8%至4,377美元/盎司。原油方面，在中国要求伊朗限制胡塞武装对沙特石油设施的袭击后，布伦特原油下跌0.2%至103.87美元/桶，WTI下跌0.1%至92.05美元/桶。其他品种：优质硬焦煤跌1.0%至277.90美元/吨，纽卡斯尔动力煤持平于148.56美元/吨，锂及锂辉石均跌约2%。资源行业要闻包括中国稀土集团洽谈收购MP Materials股东盛和资源、中美磋商在习近平访问前削减美国LNG关税、沙特阿美因管道遇袭暂停10月对部分欧洲炼厂的原油交付。宏观方面，美国8月工厂产出下降，前景受成本上升影响而蒙阴。
UBS Daily Commodities Note. Iron ore was supported by higher than expected hot metal output, with prices up 0.7% to $96.65/dmt. Copper rose 0.5% to $6.61/lb as China demand signals offset US tariff uncertainty, with LME 3-month prices holding above $14k/t. In precious metals, gold rose 0.8% to $4,377/oz as lower oil prices eased inflationary concerns. In oil, Brent fell 0.2% to $103.87/bbl and WTI slipped 0.1% to $92.05/bbl after China asked Iran to limit Houthi attacks on Saudi oil facilities. Other moves: HCC PLV -1.0% at $277.90/t, Thermal Coal NEWC unchanged at $148.56/t, and lithium/spodumene both down ~2%. Resources headlines include China Rare Earth Group in talks to buy MP Materials shareholder Shenghe Resources, US-China discussions on cutting tariffs on US LNG ahead of the Xi visit, and Aramco halting October crude deliveries to some European refiners after a pipeline attack. On the macro side, US factory production fell in August with the outlook clouded by rising costs.