知识图强,求实奉献,客户至上,合作共赢 法微信公众号 | 业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 现货价格与基美 | | | | 纪工菲 20013180 | | | 品种 | 4月9日 | 4月8日 | 涨跌 | 涨跌幅 | 单位 | | N型多晶硅料 - 平均价 | 42000.00 | 42000.00 | 0.00 | 0.00% | | | 务晶硅菜花料-平均价 | 31500.00 | 31500.00 | 0.00 | 0.00% | | | 颗粒硅 - 平均价 | 35000.00 | 35000.00 | 0.00 | 0.00% | 元/肥 | | N型料基差(平均价) | -245.00 | -405.00 | 160.00 | 39.51% | | | 菜花料基差(平均价) | 1255.00 | 1095.00 | 160.00 | 14.61% | | | N型硅片-210mm - 平均价 | 1.58 | 1.58 | 0.00 | 0.00% | 元/片 | | P型硅片-210mm - 半均价 | 1 ...

Report Information - Report Title: Log Futures Daily Report [1] - Date: April 10, 2025 [1] - Analyst: Cao Jianlan [1] Report Industry Investment Rating - Not provided Core Viewpoints - In early April, there is still supply pressure on logs. It is expected that the arrival of goods will improve marginally from the middle of the month. If the subsequent inventory reduction intensifies and considering the current low price level, there may be short - term rebound space. However, the current decline in spot prices is dragging down the futures market, and entering the off - season for shipments in May will suppress the rebound strength. It is expected that the futures market will fluctuate in the range of [810 - 850]. At the same time, the tariff upgrade has led to weak macro - sentiment, increasing market uncertainty, and market sentiment fluctuations should be vigilant [3][4] Summary by Related Catalogs Futures and Spot Prices - Futures prices of log contracts 2507, 2509, and 2511 all declined on April 9 compared to April 8, with decreases of - 0.24%, - 0.06%, and - 0.18% respectively. The 7 - 9, 7 - 11 spreads decreased, while the 9 - 11 spread increased. The basis of 07, 09, and 11 contracts all increased [2] - Spot prices of various types of logs in ports such as Rizhao and Taicang remained unchanged on April 9 compared to April 8. The CFR price of 4 - meter medium - grade A radiata pine decreased by - 0.87% on April 11 compared to April 4, while the CFR price of 11.8 - meter spruce remained unchanged [2] - The import theoretical cost decreased by 3.74 yuan to 822.61 yuan on April 8 compared to April 7, and the RMB - US dollar exchange rate increased by 0.03 yuan to 7.345 yuan [2] Supply - Monthly port shipping volume increased by 66.8 million cubic meters to 197.9 million cubic meters from December 31 to February 28, with a growth rate of 50.98%. The number of ships from New Zealand to China, Japan, and South Korea increased by 9 to 58, with a growth rate of 18.37% [2] Inventory - As of April 4, the total log inventory in China was 359 million cubic meters, a decrease of 1 million cubic meters compared to March 28, with a decline rate of - 0.28%. Inventory in Shandong increased by 9 million cubic meters (4.74%), while inventory in Jiangsu decreased by 7.8 million cubic meters (- 6.06%) [3] Demand - As of April 4, the daily average log出库 volume in China was 7.16 million cubic meters, an increase of 0.46 million cubic meters compared to March 28, with a growth rate of 7% [3]

数据来源：Wind、Mysteel、广发期货研究所。请仔细阅读报告尾端免责声 知识图强,求实奉献,客户至上,合作共赢 | 粕类产业期现日报 | 投资咨询业务资格:证监许可 [2011] 1292号 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 朱迪 | Z0015979 | 2025年4月10日 | | | | | | | | | | | 豆粕 | 现值 | 涨跌幅 | 前值 | 涨跌 | | | | | | | | | 3180 | 3180 | 0.00% | 现价 | 0 | 江苏豆粕 | -1.42% | 期价 | M2509 | 3119 | 3164 | -45 | | 某美 | 281.25% | M2509 | 61 | 16 | 42 | 现货基差报价 | m2505 +100 | m2505+60 | 广东现货墓差 | - | - | | 盘面进口榨利 | 美湾5月船期 | - | - | - | - | 盘面进口榨利 | 100 | 巴西5 ...

本报告中的信息均来源于被广发期货有限公司认为可新的己公开资料，但广发期货对这些信息的准确性及完整性不作E何保证，本报告反映研究人员的不同观点、见解及 分析方法，并不代表广发明货或其附属机构的立场。在任何情况下，报告内容仅供参考，报告中的信息或所衰达的意见并不构成所送品种买卖的出价或询价，投资表据比 投资，风险自担。本报告旨在发送给广发期货特定客户及其他专业人士，版权归广发期货所有，未经广发期货节面授权，任何人不得对本报告进行任何形式的发布、复制 。如引用、刊发，需注明出处为"广发期货"。 知识图强, 求实奉献, 客户至上, 合作共赢 | 材产业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可 [2011] 1292号 2025年4月9日 | | | 周敏波 | Z0010559 | | | 钢材价格及价差 | | | | | | | 品种 | 现值 | 副值 | 涨跌 | 基差 | 单位 | | 螺纹钢现货(华东) | 3150 | 3170 | -20 | -6 | | | 螺纹钢现货(华北) | 3180 | 32 ...

| 硅铁 (SF506) | 5998 | 5904 | 94 | 1.59% | 72.60% | 折算价:72硅铁合格块:内蒙-天津仓单 | 折算价:6517硅锰:内蒙-湖北仓单 | 106 | 硅锰(SM505) | 6020 | 5914 | 1.79% | 43.10% | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 42 | 1.36% | 34.10% | HRB40020mm:上海 | 螺纹钢(RB2510) | 3130 | 3088 | Q235B: 4.75mm: 上海 | 32 | 3240 | 33.10% | 热卷 (HC2510) | 3208 | 1.00% | | | | | | 73 | 762 | 折算价:62.5%巴混粉(BRBF):淡水河谷:日照港 | 铁矿石 (12509) | ୧୫୦ | 10.61% | 56.40% | -13 | 1510 | 1524 | 36.1 ...

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厂家 - 1 - 2 - 欢迎关注微信公众号 主力合约 品种 点评 操作建议 板块 业绩期将至,等待盈利验证方向,特朗普宣布今年 IF2506 第三轮超预期加征34%关税,我国贸易委员会宣 IH2506 稳市信号集中发出,市场应声反弹 布以对原产美国商品征收34%关税反制。短期市 股指 IC2506 场风险偏好下降,而风险收益比上升,关注后续国 IM2506 内对冲政策情况带来修复机会,IH表现将相对稳定 单边策略上,建议投资者短期多单持有,如果资金 T2506 目前关税冲击对债市的利好或尚未释放完毕,但随着国债利率 利率出现边际上行,注意及时阶段性止盈。期现策 TF2506 金融 国债 接近年内前低,长债利率进一步下行暂缓,或需要内外政策进 TS2506 略上,可关注TF\TS品种的正套策略和基差做阔策 一步明确来破局,短期行情或窄幅震荡等待催化。 TL2506 路 美国关税政策公布影响短期有望落地 贵金属冲高金价盘中波动 多头疲软黄金跌破3000美元将有进一步下探可 AU2506 贵金属 能;白银在29美元(7400元)寻求支撑 AG2506 上升 短期情绪悲观偏空,宏观事件消化后考虑做多旺季 集运指数 ...

知识图强,求实奉献, 客户至上, 合作共赢 关注微信公众号 | 11 11 | 产业期现日报 | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可 【2011】1292号 2025年4月9日 | | | | 徐艺丹 Z0020017 | | | 铁矿石相关价格及价差 | | | | | | | 品种 | 现值 | 前值 | 演跌 | 涨跌幅 | 单位 | | 仓单成本:卡粉 | 750.6 | 777.0 | -26.4 | -3.4% | | | 仓单成本:PB粉 | 790.9 | 814.0 | -23.1 | -2.8% | | | 仓单成本:巴混粉 | 775.0 | 797.6 | -22.6 | -2.8% | | | 仓单成本:金布巴粉 | 786.4 | 809.0 | -22.6 | -2.8% | | | 05合约基差:卡粉 | 12.1 | 14.5 | -2.4 | -16.4% | | | 05合约基差:PB粉 | 52.4 | 51.5 | 0.9 | 1.8% | 元/吨 | | 05合约基差:巴混粉 | ...

曹剑兰 Z00J9556 | 期货和现货价格 | | | | | | | --- | --- | --- | --- | --- | --- | | 品种 | 4月8日 | 4月7日 | 张跌 | 张跌幅 | 单位 | | 原木2507 | 818.5 | 818.5 | 0.0 | 0.00% | | | 原木2509 | 832.0 | 832.5 | -0.5 | -0.06% | | | 原木2511 | 840.0 | 840.5 | -0.5 | -0.06% | | | 7-9价差 | -13.5 | -14.0 | 0.5 | | | | 9-11价差 | -8.0 | -8.0 | 0.0 | | | | 7-11价差 | -21.5 | -22.0 | 0.5 | | | | 07合约基差 | -38.5 | -38.5 | 0.0 | | | | 09合约基差 | -52.0 | -52.5 | 0.5 | | | | 11合约基差 | -60.0 | -60.5 | 0.5 | | 元/立方米 | | 日照港3.9A小辐射松 | 730.0 | 730.0 | 0 | 0.00% | ...

t Co 关注微信公众号 知识图强,求实奉献, 客户至上,合作共赢 #NAME? | 锌产业期现日报 | | --- | 投资咨询业务资格:证监许可 【2011】1292 2025年4月9日 星期三 Z0015979 | 锡产业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可【2011】1292号 | | | | 纪元菲 | Z0013180 | | 2025年4月9日 | | | | | | | 现货价格及基差 | | | | | | | 品种 | 现值 | 前值 | 涨跌 | 张跌幅 | 单位 | | SMM 1#锡 | 270000 | 278800 | -8800 | -3.16% | | | SMM 1#锡升贴水 | 250 | 250 | 0 | 0.00% | 元/吨 | | 长江 1#锡 | 270500 | 279300 | -8800 | -3.15% | | | LME 0-3升贴水 | 233.50 | 254.00 | -20.50 | -8.07% | 美元/吨 | | 内外比价及进口盈亏 ...