Summary of Key Points Core Viewpoint - The trading data for the 30-year Treasury futures contract indicates a slight increase in the main contract price, with a closing price of 2509 and a change of +0.11% as of July 4th. The overall trading volume decreased compared to the previous day, reflecting a net short position among the top 20 positions [1]. Trading Volume and Positions - The total trading volume for all contracts was 76,900 contracts, a decrease of 1,670 contracts from the previous day [1]. - The top 20 positions showed a total long position of 122,254 contracts, which increased by 752 contracts, while the total short position was 122,710 contracts, increasing by 4,239 contracts [4]. Long and Short Positions - The top three long positions were held by: - CITIC Futures with a total position of 25,768 contracts, an increase of 270 contracts - Guotai Junan with 19,608 contracts, an increase of 802 contracts - Dongzheng Futures with 13,568 contracts, an increase of 744 contracts [4]. - The top three short positions were held by: - Dongzheng Futures with a total position of 15,787 contracts, an increase of 1,134 contracts - Galaxy Futures with 14,761 contracts, an increase of 272 contracts - CITIC Futures with 12,769 contracts, a decrease of 203 contracts [4]. Changes in Positions - Among the top 20 positions, the largest increase in long positions was seen in: - GF Futures with an increase of 1,209 contracts to a total of 4,258 contracts - Dongzheng Futures with an increase of 728 contracts to a total of 12,840 contracts - Guotai Junan with an increase of 654 contracts to a total of 15,402 contracts [1]. - The largest increase in short positions was seen in: - Dongzheng Futures with an increase of 1,132 contracts to a total of 14,933 contracts - GF Futures with an increase of 313 contracts to a total of 2,627 contracts - Ping An Futures with an increase of 292 contracts to a total of 4,643 contracts [1].

Core Insights - The main contract for red dates (2601) experienced a decline of 4.80% as of July 4, with a trading volume of 419,000 contracts and a net short position of 10,521 contracts among the top 20 positions [1][3]. Trading Volume and Positions - Total trading volume for all red date contracts reached 612,800 contracts, an increase of 16,070 contracts from the previous day [1]. - Among the top 20 positions, long positions totaled 121,900 contracts, a decrease of 13,200 contracts, while short positions totaled 137,600 contracts, a decrease of 13,300 contracts [1]. Major Players - The top three long positions were held by Guotai Junan (14,261 contracts), Zheshang Futures (11,983 contracts), and Citic Futures (9,940 contracts) [1]. - The top three short positions were also led by Guotai Junan (23,240 contracts), Citic Futures (11,487 contracts), and Yong'an Futures (8,554 contracts) [1]. Changes in Positions - The top three increases in long positions were from Dongfang Caifu (2,076 contracts, an increase of 1,022), Galaxy Futures (3,693 contracts, an increase of 913), and Citic Jiantou (3,016 contracts, an increase of 718) [1]. - The top three decreases in long positions were from Citic Futures (4,540 contracts, a decrease of 1,035), GF Futures (3,659 contracts, a decrease of 938), and Founder Futures (3,998 contracts, a decrease of 663) [1]. Short Position Changes - The top three increases in short positions were from Guotai Junan (13,872 contracts, an increase of 2,550), Huatai Futures (4,464 contracts, an increase of 735), and Guotou Futures (2,452 contracts, an increase of 471) [1]. - The top three decreases in short positions were from Dongzheng Futures (4,074 contracts, a decrease of 1,949), COFCO Futures (4,717 contracts, a decrease of 1,363), and Citic Futures (7,447 contracts, a decrease of 1,261) [1].

Core Insights - The main contract for soda ash (contract 2509) closed at a decrease of 1.18% on July 4, with a trading volume of 2,130,700 contracts and a net short position among the top 20 positions of 273,611 contracts [1][3] Trading Volume and Positions - Total trading volume for all soda ash contracts was 2,623,300 contracts, a decrease of 114,300 contracts from the previous day [1] - Among the top 20 positions, long positions totaled 1,300,600 contracts, an increase of 52,000 contracts, while short positions totaled 1,707,500 contracts, an increase of 89,500 contracts [1] Major Players - The top three long positions were held by Guotai Junan (total position 112,389), CITIC Futures (total position 85,047), and Founder Futures (total position 79,677) [1] - The top three short positions were held by Guotai Junan (total position 270,703), CITIC Futures (total position 152,984), and Dongzheng Futures (total position 151,601) [1] Changes in Long Positions - The top three increases in long positions were from Jianxin Futures (holding 39,920, increase of 6,116), Ping An Futures (holding 31,054, increase of 3,114), and Shenyin Wanguo (holding 38,940, increase of 3,113) [1] - The top three decreases in long positions were from CITIC Futures (holding 56,148, decrease of 3,560), Dongzheng Futures (holding 37,597, decrease of 2,823), and Yong'an Futures (holding 36,201, decrease of 2,293) [1] Changes in Short Positions - The top three increases in short positions were from Dongzheng Futures (holding 118,177, increase of 29,069), Guotai Junan (holding 206,175, increase of 13,757), and CITIC Futures (holding 102,624, increase of 10,740) [1] - The top three decreases in short positions were from Shenyin Wanguo (holding 20,957, decrease of 10,944), Yong'an Futures (holding 82,421, decrease of 9,633), and Guangfa Futures (holding 19,874, decrease of 4,139) [1]

Core Insights - The main contract for the European shipping index futures closed at 2508 on July 4, with a decrease of 1.71% and a trading volume of 47,800 contracts [1][3] - The total trading volume for all contracts reached 69,900 contracts, an increase of 30,800 contracts compared to the previous day [1][3] - The top 20 positions showed a net short position with a difference of 794 contracts [1] Group 1: Trading Data - The top three long positions were held by Citic Futures (4,633 contracts), Guotai Junan (4,570 contracts), and Huatai Futures (2,665 contracts) [1][4] - The top three short positions were held by Guotai Junan (5,348 contracts), Citic Futures (3,060 contracts), and Huatai Futures (2,692 contracts) [1][4] - The long positions increased by 181 contracts and the short positions increased by 130 contracts in the top 20 positions [1] Group 2: Position Changes - The top three long position increases were from Guotai Junan (318 contracts), GF Futures (158 contracts), and Zhonghui Futures (137 contracts) [1][3] - The top three long position decreases were from Citic Jiantou (-196 contracts), Haitong Futures (-142 contracts), and Dongzheng Futures (-127 contracts) [1][3] - The top three short position increases were from Dongzheng Futures (345 contracts), Donghai Futures (191 contracts), and Zhongcai Futures (189 contracts) [1][3] - The top three short position decreases were from Citic Jiantou (-214 contracts), Huatai Futures (-184 contracts), and Dongfang Caifu (-85 contracts) [1][3]

Core Insights - The main contract of the CSI 300 Index futures closed at 2509 with a change of +0.67% as of July 3, with a trading volume of 38,100 contracts and a net short position of 15,826 contracts among the top 20 positions [1][3]. Trading Volume and Positions - Total trading volume for all CSI 300 Index futures contracts reached 73,600 contracts, an increase of 2,786 contracts from the previous day [1][4]. - Among the top 20 positions, long positions totaled 169,200 contracts, a decrease of 1,429 contracts, while short positions totaled 194,900 contracts, a decrease of 932 contracts [1][4]. Major Players - The top three long positions were held by Guotai Junan with a total holding of 42,227 contracts, CITIC Futures with 25,235 contracts, and Haitong Futures with 15,072 contracts [1][4]. - The top three short positions were held by CITIC Futures with 44,160 contracts, Guotai Junan with 27,777 contracts, and Haitong Futures with 15,787 contracts [1][4]. Changes in Positions - The top three increases in long positions were from CITIC Futures (+385 contracts), Zhongtai Futures (+312 contracts), and Haitong Futures (+250 contracts) [1][4]. - The top three decreases in long positions were from Guotai Junan (-1,119 contracts), Shenyin Wanguo (-241 contracts), and Zheshang Futures (-181 contracts) [1][4]. - The top three increases in short positions were from CITIC Futures (+372 contracts), Zhongtai Futures (+333 contracts), and GF Futures (+119 contracts) [1][4]. - The top three decreases in short positions were from Guotai Junan (-1,281 contracts), Guoxin Futures (-318 contracts), and Zhongjin Wealth (-103 contracts) [1][4].

Core Insights - The main contract for hot-rolled coil (HRC) closed at 2510, with a price increase of 1.45% and a trading volume of 694,600 contracts, while the total trading volume across all contracts was 823,700 contracts, a decrease of 22,240 contracts from the previous day [1][3]. Group 1: Trading Volume and Positions - The total trading volume for all contracts was 823,700 contracts, down by 22,240 contracts from the previous day [1]. - The top 20 positions for long holdings totaled 1,711,000 contracts, an increase of 1,738 contracts from the previous day [1]. - The top 20 positions for short holdings totaled 1,676,800 contracts, an increase of 1,940 contracts from the previous day [1]. Group 2: Major Players in Long and Short Positions - The top three long positions were held by Guotai Junan with 266,753 contracts, CITIC Futures with 178,525 contracts, and Everbright Futures with 132,500 contracts [1][3]. - The top three short positions were held by Guotai Junan with 318,844 contracts, Dongzheng Futures with 108,886 contracts, and CITIC Futures with 90,563 contracts [1][3]. - The largest increase in long positions was seen in Guotai Junan with an increase of 3,255 contracts, followed by QianKun Futures with an increase of 2,660 contracts [1][3]. Group 3: Changes in Positions - The largest decrease in long positions was recorded by Everbright Futures with a reduction of 5,625 contracts, followed by Wukuang Futures with a decrease of 2,232 contracts [1][3]. - The largest increase in short positions was also by Guotai Junan with an increase of 12,764 contracts, followed by Everbright Futures with an increase of 8,296 contracts [1][3]. - The largest decrease in short positions was by Guotou Futures with a reduction of 7,192 contracts, followed by Fangzheng Futures with a decrease of 6,941 contracts [1][3].

Core Viewpoint - As of July 3, 2025, the main contract for coking coal (2509) experienced a price increase of 2.05%, with a trading volume of 23,000 lots, indicating a net short position among the top 20 positions with a difference of 4,040 lots [1][3]. Group 1: Trading Data - Total trading volume for all coking coal contracts reached 25,800 lots, a decrease of 7,388 lots compared to the previous day [1][4]. - The top 20 positions for all contracts showed a long position of 30,100 lots, down by 359 lots, and a short position of 34,148 lots, up by 75 lots [1][4]. Group 2: Position Changes - The top three long positions were held by: - Galaxy Futures with a total holding of 5,981 lots, down by 110 lots - CITIC Futures with a total holding of 3,915 lots, down by 119 lots - Guotai Junan with a total holding of 3,476 lots, with an increase of 72 lots [1][3]. - The top three short positions were held by: - CITIC Futures with a total holding of 4,036 lots, down by 110 lots - Huatai Futures with a total holding of 3,183 lots, down by 118 lots - Wuchan Zhongda with a total holding of 2,636 lots, down by 66 lots [1][3]. Group 3: Position Changes by Member - The top three members with increased long positions were: - Guotai Junan with an increase of 72 lots - Founder Futures with an increase of 55 lots - Zhongtai Futures with an increase of 42 lots [1][3]. - The top three members with decreased long positions were: - Dongzheng Futures with a decrease of 222 lots - CITIC Futures with a decrease of 119 lots - Galaxy Futures with a decrease of 110 lots [1][3].

Core Insights - The main contract for iron ore (2509) closed at a price increase of 2.45% on July 3, with a trading volume of 452,100 contracts and a net short position of 26,427 contracts among the top 20 positions [1][3]. Trading Volume and Positions - Total trading volume for all iron ore contracts reached 578,000 contracts, a decrease of 7,420 contracts from the previous day [1]. - Among the top 20 positions, long positions totaled 687,900 contracts, an increase of 10,800 contracts, while short positions totaled 727,500 contracts, an increase of 5,325 contracts [1]. Major Players - The top three long positions were held by Guotai Junan (total position 70,156), CITIC Futures (total position 64,326), and Yong'an Futures (total position 61,850) [1]. - The top three short positions were held by Guotai Junan (total position 72,223), CITIC Futures (total position 71,161), and Galaxy Futures (total position 66,431) [1]. Changes in Long Positions - The top three increases in long positions were from JPMorgan (holding 12,855 contracts, an increase of 3,783), Guotai Junan (holding 35,349 contracts, an increase of 3,065), and Shenwan Hongyuan (holding 12,320 contracts, an increase of 2,248) [1][3]. - The top three decreases in long positions were from Nanhua Futures (holding 10,572 contracts, a decrease of 2,442), Yong'an Futures (holding 43,503 contracts, a decrease of 1,267), and CITIC Futures (holding 45,483 contracts, a decrease of 1,154) [1]. Changes in Short Positions - The top three increases in short positions were from Guotai Junan (holding 37,304 contracts, an increase of 3,834), Founder Futures (holding 26,189 contracts, an increase of 3,462), and Huatai Futures (holding 24,818 contracts, an increase of 2,580) [1][3]. - The top three decreases in short positions were from Yide Futures (holding 11,947 contracts, a decrease of 20,027), CITIC Futures (holding 49,401 contracts, a decrease of 4,453), and Yong'an Futures (holding 34,482 contracts, a decrease of 1,074) [1].

新浪期货 根据交易所数据，截至7月03日收盘主力合约焦煤2509,涨跌+3.76%,成交量109.40万手，持仓数据显示前20席位呈现净 空，差额头寸为26008手。 焦煤期货全合约总计成交128.90万手，比上一日减少7.98万手。全合约前20席位多头持仓40.20万手，比上一日增加2.27万手。全合 约前20席位空头持仓44.82万手，比上一日增加1.50万手。 根据合并数据显示，多头前三席位为华泰期货，总持仓47190、中信期货，总持仓44020、国泰君安，总持仓40111；空头前三席位 为国泰君安，总持仓53922、银河期货，总持仓46336、中信期货，总持仓44088； 主力合约前20席位中，多头增仓前三名分别是：中信期货、持仓36254、增仓3318，华泰期货、持仓28570、增仓2828，东吴期 货、持仓11237、增仓2197；多头减仓前三名分别是：中辉期货、持仓10480、减仓-978，方正中期、持仓16287、减仓-970，平安 期货、持仓7615、减仓-606； 主力合约前20席位中，空头增仓前三名分别是：浙商期货、持仓18108、增仓2904，中泰期货、持仓11979、增仓2879，中 ...

新浪期货 根据交易所数据，截至7月03日收盘主力合约多晶硅2508,涨跌+2.14%,成交量48.21万手，持仓数据显示前20席位呈现净 多，差额头寸为6692手。 多晶硅期货全合约总计成交63.72万手，比上一日新增7.40万手。全合约前20席位多头持仓13.04万手，比上一日减少1.64万手。全 合约前20席位空头持仓13.03万手，比上一日减少1.06万手。 根据合并数据显示，多头前三席位为中信期货，总持仓21369、国泰君安期货，总持仓15358、中信建投，总持仓10755；空头前三 席位为国泰君安期货，总持仓18395、中信建投，总持仓14333、中信期货，总持仓12933； 主力合约前20席位中，多头增仓前三名分别是：海通期货、持仓4436、增仓777，申银万国、持仓1542、增仓561，冠通期货、持 仓1476、增仓231；多头减仓前三名分别是：中信期货、持仓7007、减仓-3353，国泰君安期货、持仓5128、减仓-2117，中信建 投、持仓3525、减仓-1414； 2025年7月3日多晶硅主力合约2508持仓数据一览 | | 名次 会员名称 成交量(双边) | | 壇減 | 会员 | 持买 ...