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国泰君安期货商品研究晨报:绿色金融与新能源-20250805
Guo Tai Jun An Qi Huo· 2025-08-05 02:13
Report Industry Investment Rating No relevant content provided. Core Viewpoints - Nickel: The game between bulls and bears intensifies, and nickel prices fluctuate within a narrow range [2][4]. - Stainless steel: The influence of macro factors fades, and the price returns to the fundamentals, with steel prices oscillating at a low level [2][5]. - Lithium carbonate: Warehouse receipts increase significantly, and the price moves in a volatile manner [2][10]. - Industrial silicon: It is in a weak pattern [2][13]. - Polysilicon: The short - term sentiment cools down, and attention should be paid to news stimuli [2][14]. Summary by Related Catalogs Nickel and Stainless Steel - **Fundamental Data**: The closing price of the Shanghai nickel main contract is 120,630, and the stainless - steel main contract is 12,925. There are also detailed data on trading volume, prices of related products in the industrial chain, and profit margins [5]. - **Macro and Industry News**: Canada's Ontario may stop exporting nickel to the US; an Indonesian nickel - iron project enters the trial - production stage; environmental violations are found in an Indonesian industrial park; Indonesia plans to shorten the mining quota period; the approved production plan in 2025 is higher than that in 2024; some production lines in an Indonesian nickel - iron smelting park are suspended [5][6][7]. - **Trend Intensity**: The trend intensity of nickel and stainless steel is 0 [9]. Lithium Carbonate - **Fundamental Data**: The closing price of the 2509 contract is 68,920, and there are data on trading volume, positions, warehouse receipts, and prices and profits of related products in the industrial chain [10]. - **Macro and Industry News**: The SMM battery - grade lithium carbonate index price rises; an Australian lithium - ore auction ends; a lithium - battery material project in Jiangxi is approved [11][12]. - **Trend Intensity**: The trend intensity of lithium carbonate is 0 [12]. Industrial Silicon and Polysilicon - **Fundamental Data**: The closing price of Si2509 is 8,360, and PS2509 is 48,720. There are also data on trading volume, positions, price differences, spot premiums and discounts, and profits of related products in the industrial chain [14]. - **Macro and Industry News**: Liaoning releases the assessment results of distributed photovoltaic grid - connection capacity [14]. - **Trend Intensity**: The trend intensity of industrial silicon is - 1, and that of polysilicon is 0 [16].
国泰君安期货商品研究晨报:黑色系列-20250805
Guo Tai Jun An Qi Huo· 2025-08-05 02:10
Report Overview - The report is a Guotai Junan Futures' commodity research morning report for the black series dated August 5, 2025, covering various commodities including iron ore, rebar, hot-rolled coil, ferrosilicon, silicomanganese, coke, coking coal, and logs [1][2] Report Industry Investment Rating - Not provided in the report Core Viewpoints - Iron ore is expected to fluctuate repeatedly, while rebar, hot-rolled coil, ferrosilicon, and silicomanganese are likely to experience wide-range oscillations as market sentiment cools. Coke and coking coal are also forecasted to have wide-range fluctuations, and logs are expected to fluctuate repeatedly [2] Summary by Commodity Iron Ore - Yesterday's futures closing price was 790.5 yuan/ton, up 7.5 yuan or 0.96%. Some imported ore prices remained stable, while some domestic ore prices decreased. The trend strength is 0, indicating a neutral outlook [4] Rebar and Hot-Rolled Coil - Rebar's RB2510 contract closed at 3,204 yuan/ton, down 9 yuan or 0.28%, and hot-rolled coil's HC2510 contract closed at 3,417 yuan/ton, up 9 yuan or 0.26%. Spot prices showed mixed changes. The trend strength for both is 0 [8] Ferrosilicon and Silicomanganese - Ferrosilicon 2509 closed at 5,674 yuan/ton, down 8 yuan, and silicomanganese 2509 closed at 5,972 yuan/ton, up 10 yuan. Spot prices of ferrosilicon in some regions decreased. The trend strength for both is 0 [12] Coke and Coking Coal - Coking coal's JM2509 contract closed at 1,005.5 yuan/ton, up 20.5 yuan or 2.1%, and coke's J2509 contract closed at 1,615 yuan/ton, up 30 yuan or 1.9%. Some spot prices of coking coal decreased. The trend strength for both is 0 [16] Logs - The 2509 contract of logs closed at 842 yuan, with a daily increase of 2.5% and a weekly increase of 1.4%. Spot prices of most log varieties remained stable. The trend strength is 0 [20] Macro and Industry News - In July, the manufacturing PMI was 49.3%, down 0.4 percentage points from the previous month, indicating a decline in manufacturing prosperity. In mid-July 2025, key steel enterprises' average daily output of crude steel, pig iron, and steel increased compared to the previous period [4][9][17]
铅:库存连续减少,限制价格回落
Guo Tai Jun An Qi Huo· 2025-08-05 02:10
2025 年 08 月 05 日 铅:库存连续减少,限制价格回落 季先飞 投资咨询从业资格号:Z0012691 jixianfei@gtht.com 【基本面跟踪】 | | 昨日值 | 较前日变动/涨跌幅 | | 昨日值 | 较前日变动/涨跌幅 | | --- | --- | --- | --- | --- | --- | | 沪铅主力收盘价 | 16750 | 0.09% | 伦铅 3M 电子盘收 | 1974 | 0.23% | | (元/吨) | | | 盘(美元/吨) | | | | 沪铅主力成交量 | 46198 | -1436 | 伦铅成交量(手) | 8929 | -1872 | | (手) | | | | | | | 沪铅主力持仓量 | 71330 | -5008 | 伦铅持仓量(手) | 147383 | 1659 | | (手) | | | | | | | 上海 1# 铅升贴水 | -25 | -5 | LME CASH-3M 升 | -33.5 | -4 | | (元/吨) | | | 贴水(美元/吨) | | | | PB00-PB01(元/吨) | -50 | 5 | 进口升贴水(美 ...
国泰君安期货商品研究晨报:能源化工-20250805
Guo Tai Jun An Qi Huo· 2025-08-05 02:10
Report Industry Investment Ratings - No explicit industry investment ratings were provided in the report. Core Viewpoints - The report offers trend analyses and trading suggestions for various energy - chemical futures, including PX, PTA, MEG, etc. It indicates that most products face different degrees of market pressure and trend changes, affected by factors such as supply - demand relationships, policy impacts, and international market conditions [2][9]. Summaries Based on Related Catalogs PX, PTA, MEG - **PX**: The price is expected to be in a weakening trend, with supply increasing due to the restart of existing facilities and decreasing demand as PTA device operation rates are likely to decline. It is recommended to conduct reverse spread trading on the monthly spread and short PXN on rallies [9]. - **PTA**: The overall trend is weak. It is advisable to conduct positive spread trading on the monthly spread at low levels. Polyester factories' willingness to hold raw materials is decreasing, and the polyester sector is entering a stockpiling phase [10]. - **MEG**: The market is in a sideways state, with a downward - driven trend. It is recommended to conduct positive spread trading on the monthly spread at low levels. Domestic device operation rates are expected to rise, and polyester factories' willingness to hold MEG is decreasing [11]. Rubber - The rubber market is expected to move sideways. As of August 3, 2025, the combined inventory of natural rubber in bonded and general trade in Qingdao decreased. The domestic cis - butadiene rubber ex - factory price has been lowered [12][15]. Synthetic Rubber - In the short term, the synthetic rubber market will move sideways. By the end of July 2025, the inventory of high - cis cis - butadiene rubber sample enterprises decreased. The butadiene inventory in East China ports continued to decline [16][17]. Asphalt - The asphalt market is under pressure, with crude oil prices falling and cracking spreads rebounding. This week, the domestic asphalt weekly output decreased, factory inventories decreased slightly, and social inventories increased slightly [19][33]. LLDPE - The LLDPE market still faces pressure. The market price has slightly declined. In the macro - environment, the fundamentals have not significantly improved, and supply pressure is increasing, while demand support is weak [34][35]. PP - The PP market is weak, with prices falling and trading light. The futures market is oscillating at a low level, and downstream demand has not fully emerged from the off - season [37][38]. Caustic Soda - In the short term, caustic soda is under pressure as it is in the off - season for demand. However, there are still expectations for peak - season demand, especially in mid - August when major factories' maintenance and downstream restocking during the peak season may drive up spot prices [42]. Pulp - The pulp market is expected to move sideways. The market trading sentiment is light, with supply under pressure due to high port inventories, and demand is poor as paper manufacturers' profits are low [45][48]. Glass - The glass market has stable original - sheet prices. The previous day, domestic float - glass original - sheet prices mostly declined, and today, some prices in South China slightly increased [52][53]. Methanol - The methanol market is under pressure and expected to move sideways. The spot price index increased, and in the short term, it is affected by factors such as the departure of speculative funds and strengthening basis. In the medium term, it is supported by anti - involution policies and has neutral fundamentals [55][58]. Urea - The international urea price increase may drive short - term speculation. The Indian urea import tender has led to a rise in international prices, which may drive up domestic spot and futures prices in the short term. In the medium term, the overall fundamentals may weaken again [60][62]. Styrene - It is advisable to take profits when compressing styrene profits and short on rallies in the short term. Styrene is in a pattern of high production, high profits, and high inventories, and the port inventory is in an accelerated stockpiling phase [63][64]. Soda Ash - The spot market for soda ash has not changed much. Soda ash enterprises' device operations are stable, while downstream demand is weak, and the market is expected to adjust steadily in the short term [66][67]. LPG and Propylene - **LPG**: The import cost is decreasing. The PDH operation rate has slightly declined this week [68][76]. - **Propylene**: The supply - demand pattern is loose, and it will oscillate weakly in the short term [69]. PVC - The PVC market will oscillate weakly in the short term. The industry profit has expanded significantly during the rebound. In the second half of the year, the high - production and high - inventory structure is difficult to alleviate, and the market may continue to short the chlor - alkali profit [78][80]. Fuel Oil and Low - Sulfur Fuel Oil - **Fuel Oil**: The market continues to decline at night, maintaining a weak trend. - **Low - Sulfur Fuel Oil**: The market remains weak, and the spread between high - and low - sulfur fuels in the overseas spot market has slightly rebounded [83]. Freight Index (European Line) - It is advisable to hold short positions as appropriate, and the market may continue to be weak. The freight rates of European and US - West routes in relevant freight - rate indices have declined [85].
玉米:弱势运行
Guo Tai Jun An Qi Huo· 2025-08-05 02:04
Report Industry Investment Rating - The investment rating for the corn industry is "Weak Operation" [1] Core View of the Report - The corn market is currently in a state of weak operation, with prices showing a downward trend in some areas and futures prices also experiencing declines [1][2] Summary by Relevant Catalogs Fundamental Tracking - **Spot Prices**: The northeast acquisition average price remained unchanged, the Jinzhou closing price decreased by 10 yuan/ton to 2,340 yuan/ton, the Guangdong Shekou price dropped by 10 yuan/ton to 2,410 yuan/ton, and the Shandong corn starch price stayed at 2,840 yuan/ton [1] - **Futures Prices**: The C2509 contract closed at 2,284 yuan/ton yesterday, down 0.52%, and the overnight session closed at 2,258 yuan/ton, down 1.14%. The C2511 contract closed at 2,227 yuan/ton yesterday, down 0.27%, and the overnight session closed at 2,215 yuan/ton, down 0.54% [1] - **Trading Volume and Open Interest**: The trading volume of C2509 decreased by 30,052 lots to 418,945 lots, and the open interest increased by 248 lots to 746,964 lots. The trading volume of C2511 increased by 20,022 lots to 144,735 lots, and the open interest increased by 21,791 lots to 529,034 lots. The total trading volume of the corn market decreased by 6,131 lots to 641,840 lots, and the total open interest increased by 31,421 lots to 1,649,471 lots [1] - **Warehouse Receipts**: The total number of corn warehouse receipts decreased by 500 lots to 152,541 lots [1] - **Price Spreads**: The basis of the main 09 contract was 56 yuan/ton, and the 09 - 11 inter - period spread was 57 yuan/ton [1] Macro and Industry News - **Corn Prices**: Northern corn port collection prices decreased by 10 yuan/ton, Guangdong Shekou bulk ship prices dropped by 10 yuan/ton, and prices in some northeast enterprises and North China showed a weakening trend [2] - **Substitute Prices**: The August shipment of Argentine sorghum in Guangdong was quoted at 2,120 yuan/ton, Australian sorghum at 2,430 yuan/ton, imported barley for August - September shipment was pre - sold at 2,160 yuan/ton, and for November - December shipment at 2,050 yuan/ton. Feed wheat for July delivery was quoted at 2,530 yuan/ton, and for August at 2,560 yuan/ton [2] Trend Intensity - The trend intensity of corn is 0 [3]
油脂基本面数据:棕榈油:宏观情绪反复,低位布多为主,豆油:高位震荡,关注中美贸易协议
Guo Tai Jun An Qi Huo· 2025-08-05 02:04
2025 年 8 月 5 日 商 品 研 究 棕榈油:宏观情绪反复,低位布多为主 豆油:高位震荡,关注中美贸易协议 | | | 请务必阅读正文之后的免责条款部分 1 期货研究 国 泰 君 安 期 货 研 究 所 【基本面跟踪】 油脂基本面数据 | | 棕榈油主力 | 单 位 元/吨 | 收盘价 (日盘) 8,838 | 涨跌幅 -0.81% | 收盘价 (夜盘) 8,890 | 涨跌幅 0.59% | | --- | --- | --- | --- | --- | --- | --- | | | 豆油主力 菜油主力 | 元/吨 元/吨 | 8,250 | -0.29% 0.19% | 8,280 | 0.36% 0.24% | | | | | 9,542 | | 9,565 | | | 期 货 | 马棕主力 | 林吉特/吨 | 4,186 | -1.39% | 4,218 | 0.74% | | | CBOT豆油主力 | 美分/磅 | 54.02 | 0.22% | | | | | | 单 位 | 昨日成交 | 成交变动 | 昨日持仓 | 持仓变动 | | | 棕榈油主力 | 手 | 611,600 | 99 ...
国泰君安期货商品研究晨报:农产品-20250805
Guo Tai Jun An Qi Huo· 2025-08-05 02:04
Report Industry Investment Rating No relevant content provided. Core Views of the Report - Palm oil: Given the volatile macro - sentiment, the strategy is to go long at low levels [2]. - Soybean oil: It is expected to fluctuate at high levels, and attention should be paid to the Sino - US trade agreement [2]. - Soybean meal: After overnight trading, US soybeans closed slightly higher, and the Dalian soybean meal futures are expected to fluctuate strongly [2]. - Soybean: It is expected to rebound and fluctuate [2]. - Corn: It is expected to operate weakly [2]. - Sugar: It is expected to trade in a narrow range [2]. - Cotton: Attention should be paid to the impact of external markets [2]. - Eggs: The bullish expectation for the spot market has failed, leading to a collapse in sentiment [2]. - Live pigs: The pattern of near - term weakness and long - term strength will be maintained [2]. - Peanuts: Attention should be paid to the weather in the producing areas [2]. Summary by Related Catalogs Palm oil and Soybean oil - **Fundamental data**: Palm oil's day - session closing price was 8,838 yuan/ton with a decline of 0.81%, and night - session closing price was 8,890 yuan/ton with an increase of 0.59%. Soybean oil's day - session closing price was 8,250 yuan/ton with a decline of 0.29%, and night - session closing price was 8,280 yuan/ton with an increase of 0.36% [4]. - **Macro and industry news**: In July, India's palm oil imports decreased by 10% month - on - month to 858,000 tons, while soybean oil imports increased by 38% to 495,000 tons. Malaysia's expected palm oil exports from July 1 - 31 decreased by 25.01% compared to the previous month. The Malaysian government plans to allocate 1.4 billion ringgit in five years to support small - scale palm oil replanting [5][7]. - **Trend strength**: The trend strength of palm oil and soybean oil is 0, indicating a neutral outlook [9]. Soybean meal and Soybean - **Fundamental data**: DCE soybean meal 2509's day - session closing price was 3,024 yuan/ton with an increase of 0.67%, and night - session closing price was 3,045 yuan/ton with an increase of 0.79%. DCE soybean 2509's day - session closing price was 4,117 yuan/ton with a decline of 0.22%, and night - session closing price was 4,133 yuan/ton with an increase of 0.17% [10]. - **Macro and industry news**: On August 4, CBOT soybean futures closed higher due to short - covering. However, Brazil's soybean harvest and the strong US soybean production outlook are suppressing price increases. As of August 3, the US soybean good - to - excellent rate was 69%, and the corn good - to - excellent rate was 73% [12]. - **Trend strength**: The trend strength of soybean meal is +1 (strong), and that of soybean is 0 (neutral) [12]. Corn - **Fundamental data**: C2509's day - session closing price was 2,284 yuan/ton with a decline of 0.52%, and night - session closing price was 2,258 yuan/ton with a decline of 1.14%. The price of Jinzhou's corn for shipping decreased by 10 yuan/ton to 2,340 yuan/ton [13]. - **Macro and industry news**: The northern corn port - collection price decreased by 10 yuan/ton, and the price in Guangdong Shekou also decreased by 10 yuan/ton [14]. - **Trend strength**: The trend strength of corn is 0, indicating a neutral outlook [15]. Sugar - **Fundamental data**: The raw sugar price was 16.25 cents/pound, the mainstream spot price was 5,990 yuan/ton, and the futures main - contract price was 5,718 yuan/ton [16]. - **Macro and industry news**: Brazil's central - southern sugarcane crushing progress has accelerated. India's monsoon rainfall is higher than the long - period average. China imported 420,000 tons of sugar in June [16]. - **Trend strength**: The trend strength of sugar is - 1, indicating a bearish outlook [19]. Cotton - **Fundamental data**: CF2509's day - session closing price was 13,675 yuan/ton with an increase of 0.66%, and night - session closing price was 13,655 yuan/ton with a decline of 0.15%. The price of northern Xinjiang's 3128 machine - picked cotton increased by 90 yuan/ton to 14,992 yuan/ton [21]. - **Macro and industry news**: The cotton spot trading has slightly weakened, and the cotton yarn market has not changed much. The ICE cotton futures rose by 0.3% [22]. - **Trend strength**: The trend strength of cotton is 0, indicating a neutral outlook [25]. Eggs - **Fundamental data**: The closing price of egg 2509 was 3,360 yuan/500 kg with a decline of 4.03%. The price of Liaoning's spot eggs decreased from 3.00 yuan/jin to 2.90 yuan/jin [27]. - **Trend strength**: The trend strength of eggs is 0, indicating a neutral outlook [27]. Live pigs - **Fundamental data**: The spot price of live pigs in Henan was 14,130 yuan/ton, and the futures price of live pigs 2509 was 13,940 yuan/ton [31]. - **Market logic**: The market's expectation of price increases from late July to early August has failed. The supply pressure in August is high, and the 9 - month contract is expected to be weak. The far - end is supported by macro - sentiment, and the spread structure has switched to a reverse spread [33]. - **Trend strength**: The trend strength of live pigs is - 1, indicating a bearish outlook [32]. Peanuts - **Fundamental data**: The price of Liaoning's 308 common peanuts decreased by 200 yuan/ton to 8,400 yuan/ton. PK510's closing price was 8,084 yuan/ton with a decline of 0.12% [35]. - **Spot market focus**: In Henan, the inventory trading is the main activity, and the new peanut growth is affected by drought in some areas. In Jilin, the new peanut growth is good [36]. - **Trend strength**: The trend strength of peanuts is 0, indicating a neutral outlook [37].
生猪:维持近弱远强格局
Guo Tai Jun An Qi Huo· 2025-08-05 02:04
Report Summary 1. Investment Rating - No investment rating for the industry is provided in the report. 2. Core View - The live hog market maintains a pattern of near - term weakness and long - term strength. The market is under pressure in the short term, with the September contract expected to be weak, while the macro sentiment provides strong support for the long - term. The spread structure has switched to a reverse spread, and investors should pay attention to stop - loss and take - profit [1][5]. 3. Summary by Directory 3.1 Fundamental Tracking - **Prices**: Henan spot price is 14,130 yuan/ton (down 300 yuan/ton year - on - year), Sichuan spot price is 13,600 yuan/ton (down 100 yuan/ton year - on - year), and Guangdong spot price is 15,540 yuan/ton (down 400 yuan/ton year - on - year). For futures, the price of Live Hog 2509 is 13,940 yuan/ton (down 115 yuan/ton year - on - year), Live Hog 2511 is 13,905 yuan/ton (up 55 yuan/ton year - on - year), and Live Hog 2601 is 14,185 yuan/ton (up 5 yuan/ton year - on - year) [3]. - **Trading Volume and Open Interest**: The trading volume of Live Hog 2509 is 23,128 lots (down 8,228 lots from the previous day), with an open interest of 38,250 lots (down 2,721 lots from the previous day); Live Hog 2511 has a trading volume of 18,703 lots (down 5,958 lots from the previous day) and an open interest of 52,319 lots (up 1,115 lots from the previous day); Live Hog 2601 has a trading volume of 11,229 lots (down 2,530 lots from the previous day) and an open interest of 40,508 lots (up 113 lots from the previous day) [3]. - **Spreads**: The basis of Live Hog 2509 is 190 yuan/ton (down 185 yuan/ton year - on - year), Live Hog 2511 is 225 yuan/ton (down 355 yuan/ton year - on - year), and Live Hog 2601 is - 55 yuan/ton (down 305 yuan/ton year - on - year). The spread between Live Hog 9 - 11 is 35 yuan/ton (down 170 yuan/ton year - on - year), and the spread between Live Hog 11 - 1 is - 280 yuan/ton (up 50 yuan/ton year - on - year) [3]. 3.2 Trend Intensity - The trend intensity is - 1, indicating a relatively bearish view. The range of trend intensity is an integer within the [- 2,2] interval, where - 2 represents the most bearish and 2 represents the most bullish [4]. 3.3 Market Logic - The market expected price increases from late July to early August, but the group's volume - reduction and price - pulling efforts were less than expected. Retailers and second - fattening groups are panicked. The group's planned slaughter volume in August is increasing, while demand growth is limited, putting pressure on the market. The September contract is approaching the delivery month, and the futures price is significantly higher than the warehouse - receipt cost, increasing the industry's willingness to deliver. It is expected to be weak. The macro sentiment strongly supports the long - term, resulting in a pattern of weak reality and strong expectation. The spread structure has switched to a reverse spread. The short - term support level for the LH2509 contract is 13,500 yuan/ton, and the pressure level is 15,000 yuan/ton [5].
碳酸锂:仓单大幅增加,震荡运行
Guo Tai Jun An Qi Huo· 2025-08-05 02:03
Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View - The report shows that lithium carbonate is oscillating with a significant increase in warehouse receipts, and its trend strength is rated as neutral [1][3] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - **Futures Contracts**: For the 2509 contract, the closing price was 68,920, with a decrease of 4,200 compared to T - 5; the trading volume was 247,898, a decrease of 757,497 compared to T - 5; the open interest was 207,770, a decrease of 170,702 compared to T - 5. For the 2511 contract, the closing price was 69,040, a decrease of 2,380 compared to T - 5; the trading volume was 288,386, a decrease of 39,459 compared to T - 5; the open interest was 215,949, an increase of 47,213 compared to T - 5 [1] - **Warehouse Receipts**: The warehouse receipt volume was 12,603, an increase of 5,998 compared to T - 1 and 327 compared to T - 5 [1] - **Basis**: The basis between spot and 2509 contract was 2,430, and between spot and 2511 contract was 2,310 [1] - **Raw Materials**: The price of lithium spodumene concentrate (6%, CIF China) was 760, with a decrease of 45 compared to T - 5; the price of lithium mica (2.0% - 2.5%) was 1,710, a decrease of 95 compared to T - 5 [1] - **Lithium Salts**: The price of battery - grade lithium carbonate was 71,350, a decrease of 2,550 compared to T - 5; the price of industrial - grade lithium carbonate was 69,250, a decrease of 2,450 compared to T - 5 [1] 3.2 Macro and Industry News - SMM's battery - grade lithium carbonate index price was 71,127 yuan/ton, a daily increase of 102 yuan/ton; the average price of battery - grade lithium carbonate was 71,350 yuan/ton, unchanged from the previous workday; the average price of industrial - grade lithium carbonate was 69,250 yuan/ton, also unchanged [2] - On August 4, 2025, Albemarle's auction of 15,732 tons of chemical - grade lithium spodumene concentrate from the Wodgina mine in Australia ended at a price of 810 US dollars/ton (SC6/CIF price) [3] - Yichun Ecological Environment Bureau approved the first - phase project of Fengxin Jiuling Lithium Industry's annual production of 50,000 tons of lithium - ion battery materials on July 30. The project, with a total investment of 1 billion yuan, will build a production line with an annual output of 20,000 tons of battery - grade lithium carbonate in the first phase, and achieve co - production of rubidium and cesium salts and by - product recovery [3] 3.3 Trend Intensity - The trend intensity of lithium carbonate is 0, indicating a neutral outlook [3]
尿素:国际价格上行或带动短期投机性
Guo Tai Jun An Qi Huo· 2025-08-05 01:57
2025 年 08 月 05 日 尿素:国际价格上行或带动短期投机性 | 杨鈜汉 | | | 投资咨询从业资格号:Z0021541 | | yanghonghan@gtht.com | | | --- | --- | --- | --- | --- | --- | --- | | 【基本面跟踪】 | | | | | | | | 尿素基本面数据 | | | | | | | | 项 | 目 | 项目名称 | | 昨日数据 | 前日数据 | 变动幅度 | | 期货市场 | 尿素主力 | 收盘价 | (元/吨) | 1,709 | 1,714 | - 5 | | | | 结算价 | (元/吨) | 1,714 | 1,722 | - 8 | | | | 成交量 | (手) | 108,843 | 135,479 | -26636 | | (09合约) | | 持仓量 | (手) | 142,700 | 141,557 | 1143 | | | | 仓单数量 | (吨) | 3,373 | 3,233 | 140 | | | | 成交额 | (万元) | 373,047 | 466,725 | -93677 | | | ...