2026年两会期间，低空经济作为全球科技与产业竞争的新赛道，成为代表委员关注的焦点。据机构预 测，2035年中国低空经济市场规模有望达到3.5万亿元。期货日报记者获悉，第十四届全国人大代表、 赣锋锂业董事长李良彬结合市场需求和行业发展痛点，提出《关于加快飞行器动力电池研发及商业化的 建议》。值得关注的是，他在建议中特别强调要利用期货市场做好供应链保障与资源循环利用布局，为 低空经济产业链的自主可控与安全稳定提供支撑。 李良彬表示，持续提升飞行器动力电池性能，对保障低空经济产业链的自主可控与安全稳定有重大的战 略意义。"目前传统电池已难以完全满足未来低空交通商业化、规模化发展的需求，而低空飞行市场正 处于从技术研发迈向产业化的窗口期。" 飞行器动力电池面临多重挑战。李良彬指出，低空经济布局与动力电池二者融合的商业化道路仍存在障 碍；从性能指标来看，电池能量密度需向400—500Wh/kg甚至更高阶演进，电池的环境适应性、稳定性 仍需持续优化；行业标准体系的缺失、产业生态尚未完善的问题也同样显著。 在供应链与资源利用层面，李良彬建议做好保障与循环利用布局。依托碳酸锂期货平抑价格波动的成熟 经验，支持企业利用期货市 ...

Geopolitical Situation - The U.S. President Trump expressed a desire to reach an agreement with Iran and indicated that further negotiations would take place on February 27, stating dissatisfaction with Iran's performance in nuclear talks [3] - Multiple countries issued security alerts due to escalating tensions, with the U.S. State Department updating travel warnings and authorizing the evacuation of non-emergency personnel from Israel [5] - The Israeli Defense Forces are closely monitoring the situation with Iran and are prepared to ensure the safety of their citizens [5] Military Deployment - The U.S. military has deployed both the "Ford" and "Lincoln" aircraft carriers in the Middle East, with the "Ford" reported to be stationed near Haifa, Israel [7] - Iran's military has warned of a "devastating" response to any U.S. aggression, indicating readiness for potential conflict [7] Market Reactions - Silver prices surged, with a 6.15% increase in spot prices and a 7.77% rise in New York futures [9] - Crude oil prices also saw significant increases, with both WTI and Brent crude futures rising over 3% [9] Agricultural Market Insights - Canola futures experienced a strong increase, with the main contract rising over 4% to 5891 yuan/ton, recovering most of the losses from earlier in the month [10] - Factors contributing to the rise in canola prices include reduced supply forecasts and strong performance of soybean futures, leading to a tightening supply situation [12] - The Chinese government announced adjustments to tariffs on certain Canadian imports, which may impact the canola market positively while also indicating a potential increase in canola meal imports [13]

早上好，先来关注下地缘局势。 特朗普：尚未就动武作出最终决定 据央视新闻消息，当地时间2月27日，美国总统特朗普就伊朗问题释放最新信号。 特朗普表示，他希望与伊朗达成协议，并透露美伊将于当日继续进行更多谈判。特朗普对伊朗在核问题谈判中的表现"并不满意"，称美方计划与伊朗继续 举行更多会谈，"看看会发生什么"。 在被问及是否会对伊朗动用军事力量时，他表示"并不想这样做，但有时候不得不这么做"，同时强调尚未就是否发动打击作出"最终决定"，并重申"伊朗 不能拥有核武器"。 多国发布安全提醒，以色列称正密切关注伊朗局势 随着局势持续紧张，多国纷纷发布安全提醒。 中国驻伊朗大使馆和驻以色列大使馆发文，郑重提醒中国公民密切关注安全形势变化。美国国务院27日更新针对以色列、约旦河西岸和加沙的旅行警告， 维持第三级"重新考虑前往"，并授权非紧急美国政府人员及其家属撤离以色列。美国驻以大使赫卡比就此表示，如要离开以色列，务必"今天离开"。 英国政府27日称，出于安全形势考虑，从伊朗暂时撤出使馆工作人员。加拿大政府26日称，鉴于地区局势持续紧张，加拿大公民应立即撤离伊朗。希腊、 法国、波兰、哈萨克斯坦、塞浦路斯等国27日纷纷发布 ...

去年，多位代表委员就坚决破除阻碍全国统一大市场建设卡点堵点、综合整治"内卷式"竞争提出意见。 谈及如何将这些建议提案转化为具体举措，更好助力全国统一大市场建设，国家市场监督管理总局副局 长、国家标准化管理委员会主任邓志勇表示，市场监管总局高度重视，深刻把握纵深推进全国统一大市 场建设的工作要求，坚持系统谋划，围绕依法查处违法行为、支持产业优化升级、完善制度规则等方 面，创新推出了多项工作举措，以实招硬招破解"内卷式"竞争难题，助力全国统一大市场建设。 期货日报网讯2月27日，国新办举行国务院政策例行吹风会，介绍2025年国务院部门办理全国人大代表 建议和全国政协提案工作有关情况。 下一步，邓志勇表示，将坚决贯彻落实党的二十届四中全会精神，以更高要求、更实举措深入整治"内 卷式"竞争，推动有效市场和有为政府更好结合，为纵深推进全国统一大市场建设、实现高质量发展提 供坚实保障。 在依法查处违法行为方面，邓志勇表示，狠抓监管执法，针对重点行业开展成本核查和执法检查，部署 9项专项整治行动，查办"成都快购"等直播电商典型案件，约谈主要平台企业督促下架"全网最低价"活 动，叫停"仅退款"等争议规则，查处"幽灵外卖""幽 ...

Core Viewpoint - The Chinese government emphasizes the importance of financial capital in supporting high-level technological self-reliance and innovation, with significant reforms and policies being introduced to enhance the synergy between technology and finance [1][2]. Group 1: Policy Initiatives - In 2025, the Ministry of Science and Technology, along with the People's Bank of China and six other departments, will issue policies to accelerate the construction of a technology finance system to support high-level technological self-reliance [1]. - A total of 1 trillion yuan is expected to be allocated for the National Venture Capital Guidance Fund, which aims to promote early, small, long-term investments in hard technology [1]. Group 2: Financial Support for Innovation - The scale of re-loans for technological innovation and technological transformation has increased to 1.2 trillion yuan, with interest rates reduced to 1.25%, expanding the support range [2]. - By the end of 2025, the loan balance for technology-based small and medium-sized enterprises is projected to reach 3.63 trillion yuan, reflecting a year-on-year growth of 19.8% [2]. Group 3: Capital Market Enhancements - The implementation of the "1+6" reform measures for the Sci-Tech Innovation Board aims to enhance the inclusiveness and adaptability of capital markets for technological innovation [2]. - A new "technology board" in the bond market will provide long-term, low-interest direct financing channels for financial institutions, technology companies, and private equity investment institutions, with an expected issuance of 1.8 trillion yuan in technology innovation bonds by 2025 [2]. Group 4: Coordinated National Strategy - A "national chess game" approach is being adopted to advance technology finance work, supporting three major international technology innovation centers and guiding the development of 13 key regions and several pilot areas for technology finance reform [2]. - The Ministry of Science and Technology plans to continue close cooperation with financial management departments and institutions to innovate technology finance services, providing strong financial support for achieving high-level technological self-reliance [2].

Core Insights - The core viewpoint of the articles emphasizes the significant advancements in agricultural technology in China, aiming for a contribution rate exceeding 64% by 2025, alongside the achievement of major scientific breakthroughs [1][2]. Group 1: Technological Advancements - The successful revelation of the mechanism for transforming single cells into complete plants provides a new theoretical foundation for crop genetic improvement and efficient regeneration [1]. - The cloning of the world's first high-temperature resistant rice gene offers a new solution for maintaining stable production and quality of rice in high-temperature environments [1]. - Breakthroughs in agricultural bio-manufacturing technology and the integration of artificial intelligence in agriculture are accelerating the development of smart agriculture models [1]. Group 2: New Agricultural Varieties and Equipment - The development of the new wheat variety "Yangmai 53" addresses challenges related to resistance to fusarium head blight, yield, and quality improvement [1]. - Progress in agricultural machinery research has effectively alleviated issues in hilly and mountainous areas where certain types of machinery were previously unusable [1]. Group 3: Future Focus Areas - The focus will be on promoting the deep integration of technological innovation and industrial innovation, with an emphasis on developing new agricultural productivity [2]. - The strategy includes enhancing the supply of high-quality scientific and technological achievements through a mechanism that addresses industry needs and user evaluations [2]. - The implementation of the "Hundred-Thousand-Million" agricultural technology enterprise cultivation project aims to gather innovation resources around enterprises and promote collaborative innovation [2]. Group 4: Technology Transfer and Application - The establishment of national agricultural high-tech industrial demonstration zones and modern agricultural technology testing bases is prioritized to accelerate the transformation of agricultural technology achievements [2]. - Strengthening public agricultural technology promotion institutions and leveraging the roles of research institutes, universities, and enterprises will facilitate the dissemination of agricultural technology to rural areas [2].

（来源：期货日报） 作为全球最大的铜消费国，中国产业链面临三大挑战：上游资源对外依存度攀升、中游加工环节产能过剩、下游需求受高铜价抑制。为助力行业应对变局， 上海有色网携手铜产业链企业联合编制《2026中国铜产业链分布图》中英双语版，点击此链接即可免费领取铜产业链分布图： https://s.wcd.im/v/470opZ19l/。 SMM联合制作联系人 供应端虽然铜精矿持续紧张，但是冷料充足形成补充效应。国内进口铜精矿TC为-50.53美元/干吨，显示矿端紧张格局依旧未改。冷料市场供需偏紧局面缓 解，受铜价持续处于高位影响，精废价差持续处于高位水平。2月以来，精废价差平均为3199元/吨，精废价差走高令再生铜持续向冶炼端流动。截至2月13 日，南方粗铜、北方粗铜加工费分别为2300、1800元/吨，均处于2021年以来最高水平。冷料供应充足使得冶炼厂原料得到保障。据SMM统计，1月国内精 铜产量达117.9万吨，再创历史新高。从后续节奏看，2月受生产天数影响，产量预计环比回落3.04%；3月生产天数恢复正常，产量有望再度走高。虽然部分 冶炼厂将进行集中检修，但短期影响有限，检修影响大概率自4月起逐步显现。此 ...

Core Viewpoint - The lithium carbonate market has shown strong performance post-Spring Festival, with futures prices experiencing significant increases due to both fundamental and news-driven factors [2]. Group 1: Market Performance - On February 26, lithium carbonate futures opened strongly, with the main contract LC2605 reaching a peak of 187,700 yuan/ton, reflecting an increase of over 11% at one point, and closing at 173,660 yuan/ton, up by 3.47% [1]. - The price increase is attributed to the rise in international commodity prices during the holiday and expectations of a tighter supply-demand balance in the spot market after March [2]. Group 2: Supply Concerns - The Zimbabwean Ministry of Mines announced an immediate suspension of all raw ore and lithium concentrate exports, including in-transit shipments, to enhance mineral regulation and accountability [2]. - This suspension has raised concerns about supply, as Zimbabwe accounts for approximately 10% of global lithium supply, and any long-term restrictions could significantly impact global lithium supply-demand dynamics [4]. Group 3: Company Impact - Domestic companies such as Shengxin Lithium Energy, Zhongkuang Resources, and Huayou Cobalt have lithium mining operations in Zimbabwe [3]. - Companies like Huayou Cobalt and Zhongkuang Resources have existing lithium production capacities, with Huayou's 50,000-ton lithium sulfate project expected to be operational soon, while Zhongkuang's 30,000-ton capacity is projected for 2027 [3]. - The impact of Zimbabwe's policy is considered short-term, with companies having inventory plans in place, and the overall effect on those with mining qualifications is expected to be limited [4]. Group 4: Future Outlook - Analysts predict that the lithium carbonate market will maintain a strong fundamental position in the short term, with supply-demand dynamics remaining tight [5]. - Increased shipments of lithium salts from Chile are expected to alleviate some supply pressures, but the overall trend of inventory depletion is likely to continue [5]. - The market is anticipated to remain in a tight balance, supported by recovering production from lithium salt enterprises and positive production expectations from material companies [5].

Group 1: Middle East Tensions - Intense clashes occurred between Pakistan and Afghanistan along their border, with Pakistan claiming to have killed 36 Afghan militants, while Afghanistan reported 55 Pakistani soldiers killed [3] - The conflict escalated with Pakistan conducting airstrikes in response to Afghan military actions, which included capturing 15 Pakistani military outposts [3] - This border conflict is part of a series of skirmishes that have taken place since October of the previous year, despite previous attempts at a ceasefire mediated by Qatar and Turkey [4] Group 2: Iran-US Negotiations - Iran's Foreign Minister announced that the third round of indirect negotiations with the US has made significant progress, with both sides nearing consensus on certain issues [6] - Technical discussions are scheduled to take place in Vienna, indicating ongoing diplomatic efforts to address nuclear concerns [6] - Iran insists on retaining its right to peaceful nuclear technology and opposes transferring its enriched uranium abroad, while the US may demand the dismantling of key nuclear facilities [7] Group 3: Military Deployments - The deployment of 11 US F-22 stealth fighters to Israel marks a significant military presence in the region, valued at over $1.5 billion [9] - The F-22 is noted for its advanced capabilities, including air-to-air and air-to-ground combat, and is the first aircraft capable of sustained supersonic flight without afterburners [9] Group 4: Cotton Market Trends - The global cotton market is experiencing a recovery, with prices rising after a period of low volatility, driven by improved macroeconomic sentiment and marginally better fundamentals [13] - The USDA has projected a 3.2% decrease in global cotton production for the 2026/2027 season, indicating a tightening supply-demand balance [14] - Domestic cotton demand is expected to increase as textile companies resume normal operations post-holiday, with production rates in Xinjiang reaching 85%-90% [15]

Group 1 - The core message emphasizes resilience and the ability to recover from setbacks, illustrated by Gu Ailing's performance at the Winter Olympics despite facing injuries and external pressures [1][3][4] - The article draws parallels between Gu Ailing's approach to competition and trading, highlighting that true strength lies in maintaining composure and rhythm even when initial outcomes are unfavorable [3][19] - It discusses the importance of long-term commitment and discipline in both sports and trading, suggesting that success is often the result of consistent effort rather than mere talent [8][10][11] Group 2 - The narrative introduces Yuan Yongjian, a trader who transformed a small capital of 1,035 yuan into nearly 180,000 yuan through disciplined trading strategies, achieving a maximum drawdown of 4.25% and a win rate of 90.5% [12][13] - Yuan's journey underscores the significance of risk management and the use of options as a trading tool, which allows for controlled risk exposure [13][16] - The article outlines Yuan's trading philosophy, which prioritizes defense over aggressive strategies, advocating for a systematic approach to trading that includes thorough market analysis and disciplined execution [17][18]