Guo Yuan Qi Huo

Search documents
国元期货:国元点睛
Guo Yuan Qi Huo· 2025-07-01 09:05
国 元 点 睛 2025.06.30 国元期货研究咨询部 国内主要期货品种日度涨跌幅 国内主要期货品种日度涨跌幅 数据来源:wind,国元期货 国内期货主力合约涨跌互现,多晶硅涨超4%,工业硅涨近3%,菜粕、PX涨超1%;跌幅方面,集运指数 (欧线)跌近2%,SC原油、玻璃、焦煤、甲醇跌超1%,纯碱、硅铁、生猪跌近1%。 -3.00% -2.00% -1.00% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% GFEX多晶硅 GFEX工业硅 CZCE菜粕 CZCE对二甲苯 线材连九 DCE鸡蛋 DCE豆粕 CZCE PTA DCE豆一 中证500期货 中证1000期货 SHFE不锈钢 SHFE丁二烯橡胶 CZCE白糖 SHFE 锌 DCE PVC DCE豆二 上证50期货 DCE玉米淀粉 SHFE氧化铝 SHFE螺纹钢 DCE铁矿石 SHFE沥青 沪深300期货 INE低硫燃料油 CZCE短纤 SHFE 镍 SHFE 铜 CZCE瓶片 SHFE热轧卷板 INE国际铜 INE20号胶 CZCE红枣 SHFE 铝 CZCE动力煤 DCE玉米 CZCE粳稻 CZCE棉花 CZCE晚籼稻 CZ ...
国元期货国元点睛
Guo Yuan Qi Huo· 2025-06-10 13:55
国 元 点 睛 2025.06.10 国元期货研究咨询部 国内主要期货品种日度涨跌幅 国内主要期货品种日度涨跌幅 | 国内期货主力合约涨跌不一。铝合金涨超4%,苯乙烯(EB)涨超2%。跌幅方面,不锈钢(SS)、沪锌、 | 5.00% | 尿素、沪镍跌超1%。 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...
国元点睛
Guo Yuan Qi Huo· 2025-04-16 13:40
Report Summary 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core View The domestic futures market shows a mixed performance with more contracts declining than rising. Some commodities are affected by factors such as macro - environment, supply - demand fundamentals, and cost changes, leading to different price trends. For example, eggs and gold have significant increases, while container shipping to Europe and some agricultural products have large drops [4]. 3. Summary by Contracts Metals - **Copper (SHFE 2506)**: Oscillated and closed down. Macro factors interfere, but supply supports, and there is room for upward repair. Resistance at 82,000 [5]. - **Aluminum (SHFE 2506)**: Oscillated and closed down. Alumina price drops, but demand expectation is good, and short - term upward repair is expected. Resistance at 20,000 [7]. - **Lead (SHFE 2505)**: Oscillated and declined. Affected by macro sentiment, with wide - range fluctuations. Suggested to wait and see. Resistance at 17,800, support at 16,400 [11]. - **Lithium Carbonate (GFEX 2505)**: Oscillated and declined. Due to trade policy uncertainty, downstream enterprises reduce inventory, and short - term narrow - range oscillation is expected. Resistance at 80,000, support at 70,000 [14]. - **Iron Ore (DCE 2509)**: The main contract declined. Terminal demand growth slows, but macro sentiment improves, with short - term oscillation. Pressure at 750, support at 650 [16]. - **Coking Coal (DCE 2509)**: Oscillated and declined. High inventory and mine resumption lead to price oscillation. Pressure at 900, support at 850 [18]. - **Coke (DCE 2509)**: Oscillated and declined. Faster inventory reduction and a price increase implementation lead to short - term oscillation. Pressure at 1,600, support at 1,400 [20]. - **Rebar (SHFE 2510)**: Oscillated and declined. Profit shrinks and demand growth slows, with short - term oscillation. Pressure at 3,400, support at 3,000 [22]. - **Nickel (SHFE 2505)**: Oscillated and rose. Price returns to fundamentals, and upstream supports, with short - term strong oscillation. Pressure at 125,000, support at 115,000 [24]. - **Stainless Steel (SHFE 2506)**: Oscillated and declined. Cost support strengthens, with short - term oscillation. Pressure at 13,500, support at 12,500 [27]. Chemicals - **Natural Rubber (SHFE 2509)**: Under short - selling pressure, the price is weak below 15,000 due to weak fundamentals [29]. - **PTA (CZCE 2509)**: Affected by cost and supply - demand, it is weak below the 5 - day moving average [30]. - **Ethylene Glycol (DCE 2509)**: Under short - selling pressure, the market center drops. Watch for effective break - through below 4,200 [31]. - **Plastic (DCE 2509)**: Affected by crude oil and supply - demand, it is weak below the 5 - day moving average [33]. - **PP (DCE 2509)**: Affected by cost and demand, a bearish view is recommended [34]. - **Soda Ash (CZCE 2509)**: Oscillated and declined. With new device commissioning approaching, it oscillates down around 1,300 [36]. - **Glass (CZCE 2509)**: Oscillated and declined, with short - term downward oscillation around 1,200 [38]. - **Urea (CZCE 2509)**: Oscillated down, with short - term wide - range oscillation around 1,800 [40]. - **Caustic Soda (CZCE 2509)**: Oscillated and declined. Considering the falling spot price, it oscillates at a low level [41]. Agricultural Products - **Soybean Meal (DCE 2509)**: Fell 2.62% due to short - selling. Resistance at 3,000, support at MA10 [43]. - **Rapeseed Meal (CZCE 2509)**: Fell over 4% with 44,000 additional contracts. Resistance at 2,600, support at MA20 [45]. - **Soybean Oil (DCE 2509)**: Fell 0.23%. Supply is tight now, but imports will increase. Support at 7,800, resistance at 8,300 [48]. - **Palm Oil (DCE 2509)**: Fell 0.62%. Supply is expected to increase, but exports support. Support at 8,400, resistance at 9,200 [51]. - **Rapeseed Oil (CZCE 2509)**: Rose 0.13%. Fewer purchases in Q2 and Q3 and strong price - holding by mills support the price. Support at 8,500, resistance at 9,000 [52]. - **Corn (DCE 2507)**: Oscillated with limited range. Processing demand is weak. Support at 2,200, resistance at 2,300 [54]. - **Pork (DCE 2509)**: Fell 1.17%. Feed cost may rise, but supply - demand is still loose. Next - day range 14,200 - 14,350, support at 13,800, resistance at 14,500 [55]. - **Apples (CZCE 2510)**: Rose 0.39%. New - season production may increase, but current sales are good. A long - position strategy at low prices is recommended. Support at 7,500, resistance at 8,000 [58]. - **Eggs (DCE 2506)**: Rose 2.87%. Feed cost and short - term restocking support the near - term price, but supply is abundant in the medium - term. Next - day range 3,070 - 3,100, support at 3,000, resistance at 3,200 [60]. - **Cotton (CZCE 2509)**: Fell 0.7%. Affected by tariffs in the short - term, and by planting area in the medium - term. Support at 12,500, resistance at 13,000 [61]. - **Sugar (CZCE 2509)**: Fell 0.42%. Brazil's new season may increase production, and India's production is revised down. Support at 5,850, resistance at 6,200 [63]. - **Peanuts (CZCE 2505)**: Fell 0.76%. There is short - term support, but supply pressure may increase later. Support at 7,800, resistance at 8,200 [64]. - **Logs (DCE 2507)**: Fell 0.54%. Spot price is weak, but long - term wide - range oscillation is expected. Support at 800, resistance at 850 [66]. Energy - **Crude Oil (INE 2505)**: Fell 1.01%. Affected by tariffs and OPEC+ plan, but may rebound slightly in the short - term. Support at 400, resistance at 500 [67]. - **Fuel Oil (SHFE 2507)**: Fell 1.8%. High - sulfur fuel oil rebounds with crude oil, and supply tightness eases. Support at 2,500, resistance at 3,000 [69]. Shipping - **Container Shipping to Europe (INE 2506)**: Fell 6.21%. The Shanghai export container settlement rate index for Europe drops, and shipping companies face pressure [71].