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瓶片短纤数据日报-20250703
Guo Mao Qi Huo· 2025-07-03 08:03
投资咨询业务资格:证监许可【2012】31号 | 瓶片短纤数据日报 | | | | 国贸期货研究院 | 投资咨询号: Z0017251 | | --- | --- | --- | --- | --- | | | | | | 2025/7/3 | | | | | 能源化工研究中心 陈胜 | 从业资格号: | | | | | | F3066728 | | 指标 | 2025/7/1 | 2025/7/2 | 变动值 | | | PTA现货价格 | 4980 | 4925 | (55.00) | 现货资讯: | | MEG内盘价格 | 4328 | 4362 | 34. 00 | 短纤:涤纶短纤涨44至6622。现货市场:涤纶 | | PTA收盘价 | 4800 | 4794 | (6.00) | 短纤生产企业价格下调,贸易商价格偏暖震荡, | | MEG收盘价 | 4273 | 4299 | 26. 00 | 下游按需采买,市场成交不振。1.56dtex*38mm | | 1.4D直纺涤短 | 6820 | 6800 | (20.00) | 半光本白(1. 4D)涤纶短纤华东市场价格在6600- | | 短纤基差 ...
纸浆数据日报-20250703
Guo Mao Qi Huo· 2025-07-03 08:02
Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core View of the Report - In the off - season of demand and with high inventory, pulp is expected to fluctuate at a low level [1] Group 3: Summary According to Related Catalogs Pulp Price Data - **Futures Prices**: On July 2, 2025, SP2601 was 5284 with a daily increase of 1.30% and a year - on - year decrease of 0.30%; SP2507 was 5048 with a daily increase of 0.76% and a year - on - year decrease of 0.24%; SP2509 was 5072 with a daily increase of 0.92% and a year - on - year increase of 0.04% [1] - **Spot Prices**: On July 2, 2025, the spot price of coniferous pulp Silver Star was 5900 with no daily change and a year - on - year decrease of 0.84%; the spot price of coniferous pulp Russian Needle was 5120 with no daily and year - on - year change; the spot price of broad - leaf pulp Goldfish was 4020 with no daily change and a year - on - year decrease of 0.74% [1] - **Outer - disk Quotes**: In July 2025, the outer - disk quote of Chilean Silver Star was 720, a month - on - month decrease of 2.70%; the outer - disk quote of Chilean Star was 560 with no change; the outer - disk quote of Chilean Venus was 620 with no change [1] - **Import Costs**: In July 2025, the import cost of Chilean Silver Star was 5884, a month - on - month decrease of 2.68%; the import cost of Chilean Star was 4587 with no change; the import cost of Chilean Venus was 5073 with no change [1] Pulp Fundamental Data - **Import Volume**: In May 2025, the import volume of coniferous pulp was 72.2 tons, a month - on - month decrease of 4.75%; the import volume of broad - leaf pulp was 129.3 tons, a month - on - month increase of 7.84% [1] - **Shipment Volume to China**: In April 2025, the pulp shipment volume to China was 1353, a month - on - month decrease of 30.80% [1] - **Domestic Production**: For broad - leaf pulp, the domestic production on June 26, 2025, was 20.6 tons; for chemimechanical pulp, it was 20.3 tons [1] - **Inventory**: As of June 26, 2025, the pulp port inventory was 216.3 tons, the delivery warehouse inventory was 24.60 tons, the double - offset paper inventory was 20.40 tons, and the copper - plate paper inventory was 7.60 tons [1] - **Finished Paper Production**: On June 26, 2025, the production of double - offset paper was 20.40 tons, copper - plate paper was 7.60 tons, tissue paper was 28.00 tons, and white cardboard was 30.30 tons [1] Pulp Valuation Data - **Basis**: On July 2, 2025, the Russian Needle basis was 48 with a quantile level of 0.797; the Silver Star basis was 828 with a quantile level of 0.959 [1] - **Import Profit**: On July 2, 2025, the import profit of coniferous pulp Silver Star was 16 with a quantile level of 0.65; the import profit of broad - leaf pulp Goldfish was - 567 with a quantile level of 0.186 [1] Supply, Demand, and Inventory Analysis - **Supply**: On June 20, 2025, Arauco decided to lower the order price of radiata pine (coniferous pulp) in June by 20 dollars per ton to 720 dollars per ton. The shipment volume to China in May increased by 3.3% month - on - month, showing an increase in supply volume and a decrease in price [1] - **Demand**: In the current week, the production of major finished papers decreased. The prices of finished papers remained low, providing weak support for pulp [1] - **Inventory**: As of June 26, 2025, the inventory of mainstream Chinese pulp ports was 216.3 tons, a decrease of 4.5 tons from the previous period and a 2.0% month - on - month decrease, showing a de - stocking trend [1]
黑色金属数据日报-20250703
Guo Mao Qi Huo· 2025-07-03 07:52
7000 1000 6000 800 5000 600 4000 400 3000 2000 1000 -200 螺纹基差(右轴) = 价格:螺纹钢:HRB400 20mm:上 = 期货收盘价(活跃合约):螺纹钢 8000 800 600 6000 400 200 2000 -200 an | 热卷基差(右轴) = 价格:热轧板卷:Q235B:4. 75 期货收盘价(活跃合约):热轧卷板 1000 佳煤是美(右轴) 5000 800 4000 600 3000 400 2000 200 1000 ■ 焦炭基差(右轴) - 青岛港:出库价(含税):准一级冶金焦(A13,S0 一 期货收盘价(活跃合约):焦炭 1000 2001 2007 2008 2005 2023- 2023 zzoz zzoz 2023 | 铁矿基差(右轴) = 车板价:青岛港:澳大利亚:超特矿粉:56. 一 期货收盘价(活跃合约):铁矿 2000 - 1500 1000 -500 論色金属数据目报 | 2025/07/03 | | 国贸期货出品 ITG国贸期货 | | --- | --- | --- | | 投资咨询业务资格:证监许可[2 ...
碳酸锂数据日报-20250703
Guo Mao Qi Huo· 2025-07-03 07:30
Report Industry Investment Rating - Not provided Core Viewpoints - The downward pressure on the futures price of lithium carbonate is expected to intensify as the purchasing pace slows. The price is mainly supported by downstream purchases, but the production increase of cathode and battery factories in July is small, and the purchasing power mainly comes from traders with limited space. In addition, due to the price rebound, the supply increase in July is relatively large, deepening the pattern of oversupply and dragging down the price increase, and there are no signs of production cuts in the ore segment [3] Summary by Relevant Catalogs Lithium Compounds - The average price of SMM battery - grade lithium carbonate is 61,650 yuan/ton, up 350 yuan; the average price of SMM industrial - grade lithium carbonate is 60,050 yuan/ton, up 350 yuan [1] - The closing prices and price increases of lithium carbonate futures contracts: lithium carbonate 2507 is 63,980 yuan, up 2.99%; lithium carbonate 2508 is 64,060 yuan, up 2.99%; lithium carbonate 2509 is 63,960 yuan, up 3.19%; lithium carbonate 2510 is 63,700 yuan, up 3.07%; lithium carbonate 2511 is 63,560 yuan, up 3.01% [1] Lithium Ore - The average price of lithium spodumene concentrate (CIF China) is 632 yuan, up 7 yuan [1] - The average price of lithium mica (Li20: 1.5% - 2.0%) is 740 yuan, up 20 yuan; the average price of lithium mica (Li20: 2.0% - 2.5%) is 1275 yuan, up 20 yuan; the average price of phospho - lithium - aluminum stone (Li20: 6% - 7%) is 4275 yuan; the average price of phospho - lithium - aluminum stone (Li20: 7% - 8%) is 5100 yuan [2] Cathode Materials - The average price of lithium iron phosphate (power type) is 30,550 yuan, up 55 yuan; the average price of ternary material 811 (polycrystalline/power type) is 142,520 yuan, down 10 yuan; the average price of ternary material 523 (single - crystal/power type) is 114,455 yuan; the average price of ternary material 613 (single - crystal/power type) is 120,165 yuan, down 10 yuan [2] Price Spreads - The difference between battery - grade and industrial - grade lithium carbonate is 1600 yuan; the difference between battery - grade lithium carbonate and the main contract is - 2310 yuan, down 830 yuan; the difference between the near - month and the first - continuous contract is 100 yuan, up 40 yuan; the difference between the near - month and the second - continuous contract is 360 yuan, up 100 yuan [2] Inventory - The total inventory (weekly, tons) is 136,837.59032 tons, up 1936.407 tons; the inventory of smelters (weekly, tons) is not provided; the inventory of downstream (weekly, tons) is 40,635 tons, up 269 tons; the inventory of others (weekly, tons) is 37,170 tons, up 1260 tons; the registered warehouse receipts (daily, tons) is 23,180 tons, up 240 tons [2] Profit Estimation - The cash cost of purchasing lithium spodumene concentrate is 60,326 yuan, and the profit is 470 yuan; the cash cost of purchasing lithium mica concentrate is 65,253 yuan, and the profit is - 5965 yuan [3] Industry News - Zimbabwe will ban the export of lithium concentrate from 2027 to further promote local processing. As a top lithium producer in Africa, Zimbabwe banned the export of lithium ore in 2022 to encourage miners to do more processing domestically [3]
股指期权数据日报-20250702
Guo Mao Qi Huo· 2025-07-02 13:16
投资咨询业务资格:证监许可【2012】31号 IIC 国兴期 沪深300PCR走势 1.2 J 0.8 0.6 0.4 0.2 0 中证1000PCR走势 权教据日报 CI + m = 2025/7/2 数据来源: Wind,国贸期货研究院 | | | | | 行情回顾 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 指数 收盘价 | | | 张肤帽(%) | | 成交额(亿元) | | 成交里(亿) | | | 上证50 2717. 7128 | | | 0. 21 | | 661. 44 | | 33.03 | | | 沪深300 3942. 762 | | | 0.17 | | 2360. 70 | | 128. 96 | | | 中证1000 6373. 7679 | | | 0. 28 | | 3343.02 | | 243. 54 | | | | | | | 中金所股指期权成交情况 | | | | | | 期权成交望 指数 | | 认购期权 | 山沽期权 | 日成交里 | 期权持仓里 | 认购期权 | 认沽期权 ...
日度策略参考-20250702
Guo Mao Qi Huo· 2025-07-02 06:43
| H 等 市 路 参 | | | | | | | --- | --- | --- | --- | --- | --- | | 逻辑观点精粹及策略参考 | 趋势研判 | 行业板块 | 品种 | 短期来看,在情绪和流动性的驱动下偏强震荡的概率较高,后续 | | | 关注宏观增量信息对股指方向的指引。 | 资产带和弱经济利好情期。但短期央行提示利率风险,压制上涨 | 国债) | | | | | 空间。 | 宏观金融 | 市场不确定性再起,金价企稳反弹。 | 看多 | 真金 | | | 宏观和商品属性或仍对银价有支撑。但基本面或仍会限制其空间 | 白银 | 近期市场风险偏好回升,叠加海外美铜及伦铜挤仓行情发酵,短 | | | | | 看头 | 국미 | 期铜价偏强。 | 近期市场情绪有所好转,叠加电解铝库存低位运行,铝价偏强运 | | | | TT. | 美联储降息预期提升,市场风险偏好回归,商品价格上行,氧化。 | 氧化铝 | 看多 | | | | 铝短期偏强。 | 火烧云投产,预计9月底出锭,此外全球第五大炼厂罢工仅影响生 | | | | | | 产3天,对供应影响有限,短期锌受消息影响下跌。此外铜价大涨 | ...
碳酸锂数据日报-20250702
Guo Mao Qi Huo· 2025-07-02 04:09
ITG国贸期货 投资咨询业务资格:证监许可【2012】31号 碳酸锂数据日报 国贸期货研究院 谢灵 投资咨询号: Z0015788 从业资格号: F3040017 2025/07/02 有色金属研究中心 研究助理 陈宇森 从业资格号: F03123927 数据来源:SMM,公开新闻整理 100000 锂化合物 平均价 涨跌 SMM电池级碳酸锂 61300 0 80000 4000 SMM工业级碳酸锂 59700 0 收盘价 涨跌幅 期货合约 60000 碳酸锂2507 62980 0.16% 碳酸锂2508 62840 0. 1% 40000 碳酸锂2509 0. 16% 62780 碳酸锂2510 - 1000 62580 -0. 03% 20000 碳酸锂2511 62480 0. 03% 平均价 锂矿 锂辉石精矿(CIF中国) 625 -5 46 297 (1 i 20 · 5 5%-6%) 利润估算 种类 外购锂辉石精矿现金成本 60458 H 利 生 注 外购锂辉石精矿利润 -8 65930 F 外购锂云母精矿现金成本 外购锂云母精矿利润 -6984 行业 津巴布韦将从 2027 年起禁止锂精矿出口 ...
纸浆数据日报-20250702
Guo Mao Qi Huo· 2025-07-02 04:04
Group 1: Report Industry Investment Rating - Not provided Group 2: Core View of the Report - In the off - season of demand and with high inventory, the pulp market is expected to be bearish [1] Group 3: Summary by Related Catalogs Futures and Spot Prices - On July 1, 2025, for futures prices, SP2601 was 5216, down 0.72% day - on - day and 2.50% week - on - week; SP2507 was 5060, up 1.00% day - on - day and unchanged week - on - week; SP2509 was 5026, down 0.75% day - on - day and 2.14% week - on - week [1] - For spot prices, the price of coniferous pulp Silver Star was 5900, unchanged day - on - day and down 1.67% week - on - week; Russian Needle was 5120, unchanged day - on - day and down 0.58% week - on - week; broadleaf pulp Goldfish was 4020, unchanged day - on - day and down 0.74% week - on - week [1] Outer - Disk Quotes and Import Costs - Outer - disk quotes (in dollars): Chilean Silver Star was 720, down 2.70% month - on - month; Chilean Star was 560, unchanged; Chilean Venus was 620, unchanged [1] - Import costs: Chilean Silver Star was 5884, down 2.68% month - on - month; Chilean Star was 4587, unchanged; Chilean Venus was 5073, unchanged [1] Supply - In May 2025, the import volume of coniferous pulp was 72.2 tons, down 4.75% month - on - month; the import volume of broadleaf pulp was 129.3 tons, up 7.84% month - on - month [1] - The pulp shipment volume to China was 1353 tons in April 2025, down 30.80% compared to March [1] - In terms of domestic production, the domestic production of broadleaf pulp and chemimechanical pulp fluctuated in different weeks in June 2025 [1] Inventory - The pulp port inventory on different dates in June 2025 fluctuated, with 216.3 tons on June 26, 2025, down 4.5 tons from the previous period and 2.0% week - on - week [1] - The delivery warehouse inventory also fluctuated, with 24.60 tons on June 26, 2025 [1] Demand - The production of major finished papers such as offset paper, coated paper, tissue paper, and white cardboard decreased this week, and the prices of finished papers remained low, providing weak support for pulp [1] Valuation - On July 1, 2025, the Russian Needle basis was 94 with a quantile level of 0.84; the Silver Star basis was 874 with a quantile level of 0.972 [1] - The import profit of coniferous pulp Silver Star was 16 with a quantile level of 0.65; the import profit of broadleaf pulp Goldfish was - 567 with a quantile level of 0.186 [1] Summary - Supply side: On June 20, Arauco lowered the order price of radiata pine (coniferous pulp) for June by $20/ton to $720/ton, and the shipment volume to China increased by 3.3% month - on - month, showing an increase in quantity and a decrease in price [1] - Demand side: The production of major finished papers decreased this week, and the prices of finished papers were low, providing weak support for pulp [1] - Inventory side: As of June 26, 2025, the inventory of mainstream pulp ports in China was 216.3 tons, showing a de - stocking trend [1]
蛋白数据日报-20250702
Guo Mao Qi Huo· 2025-07-02 03:50
投资咨询业务资格:证监许可【2012】31号 ITG 国贸期货 数据日报 | 指标 | | 7月1日 | 涨跌 | | 豆粕主力合约基差(张家港) | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 大连 日照 | -11 -81 | | 2500 2000 1000 | =====19/20 ======20/21 ======21/22 ======22/23 | | | -23/24 | · 24/25 | | | 天津 | -41 | | 1500 | | | | | | | 43%豆粕现货基差 | 张家港 | -121 | | -900 | | | | | | | (对主力合约) | | | | | | 09/21 10/22 11/22 12/23 01/23 02/23 03/25 04/25 05/26 06/26 07/27 08/27 | | | | | | 东莞 | -111 | | | M9-M1 | | | | | | | 湛江 | -111 | | -----2019/20 1000 ...
贵金属数据日报-20250702
Guo Mao Qi Huo· 2025-07-02 03:35
世界500强投资企业 国贸期货有限公司 成为一流的衍生品综合服务商 投资咨询业务资格:证监许可【2012】31号 入 期 市 市 服 热线 官 方 网 站 雷 有 fat 1年 150 www.itf.com.cn 400-8888-598 馆 Ma ITG国贸期货 贵金属数据日报 | | | | | 国贸期货研究院 | | 投资咨询号: Z0013700 | | | 2025/7/2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 宏观金融研究中心 白素娜 | | 从业资格号:F3023916 | | | | | | 日期 | 伦敦金现 | 伦敦银现 | COMEX更金 | COMEX日银 | AU2508 | AG2508 | AU (T+D) | AG (T+D) | | 内外盘金 银15点价 | | (美元/盎司) | (美元/盎司) | (美元/登司) | (美元/盎司) | (元/克) | (元/千克) | (元/克) | (元/千克) | | 格跟踪 | 2025/7/1 | 3331.05 | ...