投资咨询业务资格：证监许可【2012】31号 【液化石油气（LPG）投资周报】 PG内外盘走势分化，关注C3链条需求表现 国贸期货 能源化工研究中心 2025-12-15 国贸期货研究院：叶海文 从业资格证号：F3071622 投资咨询证号：Z0014205 国贸期货研究院：施宇龙 从业资格证号：F03137502 本报告非期货交易咨询业务项下服务，其中的观点和信息仅供参考，不构成任何投资建议；期市有风险，投资需谨慎 本周能化大宗产品收盘价格监控 能化产品收盘价格监控 | 品 种 | 单 位 | 现 值 | 日涨跌幅 | 周涨跌幅 | 月涨跌幅 | 年涨跌幅 | 周价格走势 | 品 种 | 单 位 | 现 值 | 日涨跌幅 | 周涨跌幅 | 月涨跌幅 | 年涨跌幅 | 周价格走势 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 美元兑人民币汇率 | 元 | 7 0638 . | -0 07% . | -0 16% . | -0 26% . | -1 73% ...

投资咨询业务资格：证监许可【2012】31号 【合成橡胶投资周报】 BD底部支撑，BR重心上移 国贸期货 能源化工研究中心 2025-12-15 国贸期货研究院：叶海文 从业资格证号：F3071622 投资咨询证号：Z0014205 国贸期货研究院：施宇龙 从业资格证号：F03137502 本报告非期货交易咨询业务项下服务，其中的观点和信息仅供参考，不构成任何投资建议；期市有风险，投资需谨慎 丁二烯橡胶：B D底部支撑，B R重心上移 | 影响因素 | 驱动 | 主要逻辑 | | | | | --- | --- | --- | --- | --- | --- | | | | 11 22 -0 80% 70 2 95 4 76% 73 53 （1）上周国内丁二烯产量 万吨（ ），产能利用率为 %；高顺顺丁产量 万吨（ ），产能利用率为 %； | | | 4 . | | 供给 | 偏空 | （2）丁二烯方面，周内南京诚志、斯尔邦、燕山石化、广州石化等装置维持停车状态，上海石化一套、茂名石化2#以及中化泉州石化装置陆续停车检修， | | | | | | | 影响产量环比下降；顺丁橡胶方面，裕龙石化投料重启后优级品陆 ...

TG国贸期货 ,数据 国贸期货研究院 投资咨询号:Z0015194 从业资格号:F3042528 农产品研究中心 杨璐琳 投资咨询业务资格:证监许可【2012】31号 | | | 2025年12月14日 | 日环比 | 周环比 | | | 2025年12月14日 | 日环比 | 周环比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 期货价格 | SP2601 | 5454 | -0. 98% | 0. 07% | 现货价格 | 针叶浆银星 | 5600 | 0.00% | 0. 00% | | (元/吨) | SP2609 | 5540 | -0. 82% | 1. 28% | (元/吨) | 针叶浆俄针 | 5250 | 0. 00% | 0. 00% | | | SP2605 | 5534 | -0.93% | 0. 80% | | 阔叶浆金鱼 | 4500 | 0. 00% | 0. 00% | | | | 本期价格 | 上期价格 | 月环比 | | | 本期价格 | 上期价格 | 月坏比 | | 外盘报价 | 智利银 ...

股指期权数据日报 投资咨询号: Z0000116 国贸期货研究院 2025/12/12 金融衍生品中心 李泽钜 从业资格号:F0251925 数据来源: Wind,国贸期货研究院 行情回顾 指数 成交额(亿元) 收盘价 涨跌幅(%) 成交量(亿) 上证50 2977.0319 969. 81 -0. 39 39. 40 沪深300 4552. 1848 -0. 86 4324. 31 168. 42 -1. 30 中证1000 7311. 9952 3819. 34 234. 02 中金所股指期权成交情况 期权成交量 认购期权 认沾期权 日成交量 期权持企量 认购期权 认洁期权 持仓量 指数 持仓量 (万张) (万张) 持仓量 成交量 成交量 PCR PCR 上证50 2. 58 1. 58 0. 63 7. 13 4. 22 2. 91 0. 69 1. 00 沪深300 6. 86 0. 59 20. 27 8. 82 0. 77 10. 93 4. 08 11. 45 中证1000 13. 47 0. 78 33. 92 24. 00 10. 53 17. 45 16. 47 0. 94 中证1000P ...

| | 锂云母 (Li20:1.5%-2.0%) | 1665 | 25 | ■ 级 使 酸 一 半 均 价 == 田洲级使酸锂一半均价 电硕-工候价差 元/吨 | | --- | --- | --- | --- | --- | | | 锂云母 (Li20:2.0%-2.5%) | 2590 | 25 | 碳酸锂注册仓单(吨) | | | 磷锂铝石 (Li20:6%-7%) | 9000 | 735 | | | | 磷锂铝石 (Li20:7%-8%) | 10275 | 250 | | | | 正极材料 | 平均价 | 涨跌 | | | | 磷酸铁锂(动力型) | 39280 | 195 | | | | 三元材料811(多晶/动力型) | 162100 | 200 | | | | 三元材料523(单晶/动力型) | 145150 | 300 | | | | 三元材料613(单晶/动力型) | 144950 | 200 | | | | 名称 | 现值 | 変化值 | | | | 电碳-工碳 | 2500 | 50 | | | 价 差 | 电碳-主力合约 | -5380 | -2100 | 200000 | | ...

投资咨询业务资格：证监许可【2012】31号 II GER期货 航运衍生品数据日报 | | | | 国贸期货研究院 能源化工研究中心 | | | 投资咨询号: Z0021177 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 卢钊毅 | | 从业资格号:F03101843 | | 2025/12/12 | | | | 上海出口集装箱运价 | 数据来源：Clarksons、Wind 中国出口集装箱运价 | | | | | | | 运价指数 | 综合指数SCFI | 指数CCFI | SCFI-美西 | SCFIS-美西 | SCFI-美东 | SCFI-西北欧 | | E | 现值 | 1398 | 1115 | 1550 | 960 | 2315 | 1400 | | Alle | 前値 | 1403 | 1122 | 1632 | ਰੇ ਕੇ ਰੇ | 2428 | 1404 | | 运 | 涨跌幅 | -0.39% | -0.62% | -5.02% | 1.18% | -4.65% | -0.28% | | ਵਿ | | SCF ...

投资咨询业务资格:证监许可【2012】31号 1数据日报 国贸期货研究院 农产品研究中心 黄向岚 投资咨询号: Z0021658 从业资格号:F03110419 2025/12/12 ==== 18/19 ===== 22/23 ----- 19/20 ----- 23/24 == ===== 20/21 —— 24/25 - 25/26 RM1-5 78 1500 9 1200 价差数据 豆粕-菜粕 595 10 900 现货价差(广东) 300 豆粕-菜粕 674 28 盘面价差(主力) 05/25 06/25 04/24 07/26 08/26 09/26 10/27 11/27 12/28 03/24 升贴水-连续月 产地 美元兑人民币汇率 盘面榨利(元/吨) 涨跌 (美分/蒲) #N/A 22. 00 巴西 0 143 2025年大豆CNF升贴水走势图-连续月 (美分/蒲式耳) 2025年进口大享盘面毛利(元/吨) ----- 巴南1月 ----- 巴南2月 ----- 巴南3月 ----- 巴南4月 ----- 巴南6月 ----- 巴西6月 ---- 巴西1月 ===== 巴西4月 === 巴西 ...

Report Industry Investment Ratings The report does not explicitly mention an overall industry investment rating. Instead, it provides trend judgments for various sectors and varieties, including "Bullish", "Bearish", "Sideways", and "Watch". Core Viewpoints The recent Politburo meeting released limited incremental information, and the upcoming Central Economic Work Conference is expected to make more specific arrangements for next year's economic work. In the short - term, investors should be wary of potential "buy - the - rumor, sell - the - news" adjustments after policy announcements. However, the market adjustment since mid - November has opened up space for the upward movement of stock indices next year, presenting a layout window. For different sectors and varieties, the report analyzes their respective fundamentals, macro - factors, and market conditions to provide investment suggestions. Summary by Category Macro - finance - **Stock Index**: In the short - term, be cautious of post - policy "buy - the - rumor, sell - the - news" adjustments. In the long - term, the market adjustment since mid - November provides an opportunity to build long positions, and investors can use the futures discount structure to optimize investment costs and odds [1]. - **Bond Futures**: Asset shortage and weak economy are favorable, but the central bank's short - term interest rate risk warning restricts upward movement. There are opportunities to go long on dips as market risk appetite recovers [1]. Non - ferrous Metals - **Aluminum**: Industry drivers are limited, but risk appetite recovery makes aluminum prices run strongly. Alumina production and inventory are increasing, the fundamentals are weak, and prices are under pressure. Zinc fundamentals have improved, and it is advisable to wait and see before the Fed's December interest - rate meeting. Nickel prices may fluctuate weakly in the short - term, and stainless steel futures will oscillate. Pay attention to the actual production of steel mills [1]. Precious Metals and New Energy - **Gold and Silver**: Gold is expected to oscillate in the short - term and has upward potential in the long - term. Silver is supported by supply - demand imbalance but is subject to high volatility. Platinum is likely to have wide - range oscillations in the short - term and can be bought on dips in the long - term. The [long platinum, short palladium] arbitrage strategy can be maintained [1]. - **Industrial Silicon and Related Products**: Industrial silicon is bearish due to production changes in different regions and reduced production schedules of downstream products. Polysilicon is expected to oscillate with capacity reduction expectations and other factors. Lithium carbonate has short - term sharp increases due to various factors [1]. Black Metals - **Steel Products**: For rebar and hot - rolled coils, macro - drivers strengthen in December, providing some upward momentum. It is beneficial for basis positive - spread positions to enter the market after price increases. Avoid chasing high prices for single - side trading and consider participating in spot - futures positions. Iron ore has upward opportunities in the far - month contracts, while the near - month is restricted by production cuts. Other products such as silicon iron, glass, and coke also have their own market characteristics and investment suggestions [1]. Agricultural Products - **Cotton and Sugar**: Cotton is in a situation of "supported but lacking drivers", and attention should be paid to future policies and market conditions. Sugar has a consensus on short - selling, but there is cost support below. Other agricultural products such as soybeans, pulp, and grains also have their own market analyses and investment suggestions [1]. Energy and Chemicals - **Crude Oil and Related Products**: Crude oil and fuel oil will oscillate due to factors such as OPEC+ production suspension, the progress of the Russia - Ukraine peace agreement, and US sanctions. Bitumen is bearish, and rubber - related products have different market trends and investment suggestions [1]. - **Other Chemical Products**: Various chemical products such as PTA, ethylene glycol, and styrene have their own market analyses based on factors like cost, supply - demand, and market sentiment [1].

投资咨询业务资格:证监许可【2012】31号 ITG国贸期货 本报告中的信息均源于公开可获得的资料,国贸期货力求准确可靠,但不对上述信息的准确性及完整性做任何 保证。本报告不构成个人投资建议,也未针对个别投资者特殊的投资目标、财务状况或需要,投资者需 断本报告中的任何意见或建议是否符合其特定状况,据此投资,责任自负。本报告仅向特定客户推 授授权许可,任何引用、转载以及向第三方传播的行为均构成对国贸期货的侵权 责任。期市有风险,入市需谨慎。 ITG 国贸期货 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 | | | | | 聚酯数据日报 | | | --- | --- | --- | --- | --- | --- | | | | 国贸期货研究院 | | 投资咨询号: Z0017251 | 2025/12/12 | | | | 能源化工研究中心 | 陈胜 | 从业资格号:F3066728 | | | | 指标 | | 2025/12/10 2025/12/11 | 变动值 | 行情综述 | | | INE原油(元/桶) | 443.7 | 439.7 | -4. 00 | 成交情况: PT ...

投资咨询业务资格:证监许可【2012】31号 【一国贸易报 瓶片短纤数据日报 投资,责任自负。本报告仅向特定客户推送,未经国贸期货授权许可,任何引用、转载以 行传播的行为均构成对国贸期货的侵权,我司将视情况追究法律 险,入市需谨慎。 ITG国贸期货 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 入 用 市 市 lle 41 客 官 方 网 站 服 热线 la 风 400-8888-598 www.itf.com.cn 口增量,为需求提供额外支撑。瓶片、短纤成本 直纺短纤负荷(周) 88. 37% 89. 32% 0. 95% 跟随。以上数据来自力得贫讯。 涤纶短纤产销 55. 00% 55.00% 0. 00% 涤纱开机率(周) 66. 00% 66. 00% 0. 00% 再生棉型负荷指数(周) 51. 10% 51. 10% 0. 00% 涤纶短纤与纯涤纱价格 涤纶短纤现金流 14000 10000 10000 1800 T325加工费(左特) T325纯海纱价格 (探偵) 太原始術 条短现金流 ·1.4D自纺余提 9000 9000 13000 1400 8000 8000 120 ...