Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Macroscopically, focus on the results of Sino-US tariff negotiations; on the shipping company side, pay attention to whether there will be a price increase notice for the second half of November [1][4] - The 12 - month contract trading focuses on the rhythm, with expectations and reality intertwined. The shipping companies will adjust supply to keep freight rates high for the next - year's long - term agreement negotiation [4] - The February 2026 contract may have a large expected difference but is currently suppressed by the expectation of resumed navigation [5] - The 12 - contract is expected to be volatile and bullish, and there is no current arbitrage strategy [7] Summary by Directory 1. Futures Price - As of October 28, 2025, the total open interest of all contracts of the container shipping index European line futures is 60,383.00 lots, and the single - day trading volume is 35,535.00 lots. The closing prices of EC2602, EC2604, EC2606, EC2608, EC2610, and EC2512 contracts are 1548.70, 1162.70, 1374.00, 1482.00, 1127.10, and 1788.30 respectively [6] 2. Spot Price - The SCFI (Shanghai - Europe route) price announced on October 24 is 1246 US dollars/TEU, the SCFI (Shanghai - US West route) price is 2153 US dollars/FEU, and the SCFI (Shanghai - US East) price is 3032 US dollars/FEU. The SCFIS (Shanghai - Europe) on October 27 is 1312.71 points, and the SCFIS (Shanghai - US West) is 1107.32 points [6] 3. Container Ship Capacity Supply - From October to December 2025, the weekly average capacity of China - European base ports shows different trends. In November, there are 8 blank sailings and 3 TBNs, and in December, there are 5 TBNs. As of October 26, 2025, 215 container ships have been delivered in 2025, with a total capacity of 1.7618 million TEU [3][6] 4. Supply Chain - Geopolitical events such as the Israeli - Palestinian conflict may affect shipping routes and supply chains. For example, the conflict in Gaza may reduce the probability of resumed navigation in February [2][5] 5. Demand and European Economy - If the Sino - US tariffs are partially reduced, it will promote the recovery of demand on the US line and support the prices of European routes to some extent. The shipping companies' adjustment of supply to maintain high freight rates is also related to the demand and economic situation in Europe [4]

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - Although the Shanghai Composite Index failed to hold above 4000 points with a slight decline in trading volume, it is certain that the index will reach 4000 points. Considering the "15th Five-Year Plan" and the current market environment, the strategic value of the technology and military sectors is prominent. It is recommended to focus on these two core sectors and seize the opportunity to go long on stock index futures [3]. Summary by Related Catalogs Market Analysis - The full text of the "15th Five-Year Plan" proposal has been released, aiming for economic growth within a reasonable range, increased total factor productivity, and a significantly higher household consumption rate. It also aims to boost technological self - reliance, deepen reforms, and ensure synchronous growth of household income and economic growth, as well as labor compensation and labor productivity. The plan proposes to accelerate the development of strategic emerging industries and promote new economic growth points. It also plans to break through key core technologies in key areas and implement the "Artificial Intelligence +" action. Additionally, it aims to boost consumption and improve the capital market [1]. - The central bank governor stated that the moderately loose monetary policy will be implemented, and new policy measures will be studied and reserved to consolidate the positive momentum of the capital market and improve the market - stabilizing mechanism. Overseas, the three major US stock indexes closed higher [2]. Spot Market - A - share indexes rose and then fell. The Shanghai Composite Index dropped 0.22% to 3988.22 points, and the ChiNext Index fell 0.15%. Most sector indexes declined, with national defense and military, transportation, and textile and apparel sectors leading the gains, while non - ferrous metals, beauty care, and steel sectors had the largest declines. The trading volume of the Shanghai and Shenzhen stock markets was 2 trillion yuan [2][13]. Futures Market - In the futures market, the basis of the current - month contracts of the four major stock index futures rebounded. The trading volume and open interest of stock index futures decreased simultaneously [2][15]. Strategy - Focus on the technology and military sectors and seize the opportunity to go long on stock index futures [3].

Report's Investment Rating for the Industry There is no information provided regarding the report's investment rating for the industry. Core Views of the Report - Vale: In Q3, production and sales increased year-on-year, and the annual production target remained unchanged. The quarterly iron ore production was 94.4 million tons, a 12.9% increase quarter-on-quarter and a 3.8% increase year-on-year. The quarterly iron ore sales were 86 million tons, a 11.2% increase quarter-on-quarter and a 5.1% increase year-on-year. The company maintained its 2025 production target of 325 - 335 million tons [4][5]. - Rio Tinto: In Q3, production and sales were flat year-on-year, and the Simandou iron ore started loading in October. The iron ore production of Pilbara operations was 84.1 million tons, with a 0.4% quarter-on-quarter increase. The company expects to supply 50 - 100 million tons from Simandou this year [6][7]. - BHP: In Q3, iron ore production and sales were below expectations, and the fiscal year 2026 target was slightly raised. The iron ore production of Pilbara operations was 70.25 million tons, a 9.3% decrease quarter-on-quarter and a 1.9% decrease year-on-year. The fiscal year 2026 target was maintained at 284 - 296 million tons, an increase of 2 million tons from the previous fiscal year [8][9]. - FMG: In Q3, production and sales increased year-on-year, and shipments in Q4 are expected to remain at a high level. The total iron ore processing volume was 50.8 million tons, a 6.6% decrease quarter-on-quarter and a 5.8% increase year-on-year. The iron ore shipments reached 49.7 million tons, a 10% decrease quarter-on-quarter and a 4.2% increase year-on-year. The fiscal year 2026 shipment target was set at 195 - 205 million tons [10][11]. Summary by Company Vale - Production: Q3 production was 94.4 million tons, a 12.9% increase quarter-on-quarter and a 3.8% increase year-on-year. The production in the first three quarters of 2025 increased by 3.27 million tons or 1.3% year-on-year [4][17]. - Sales: Q3 sales were 86 million tons, a 11.2% increase quarter-on-quarter and a 5.1% increase year-on-year. The sales from January to September increased by 1.8% year-on-year [4][5]. - Shipping: As of October 17, the cumulative year-on-year increase in shipments was 200,000 tons, a decrease of nearly 2.2 million tons from the peak. The cumulative year-on-year decrease in arrivals at Chinese ports narrowed to about 930,000 tons [27][30]. Rio Tinto - Production: Q3 production of Pilbara operations was 84.1 million tons, a 0.4% increase quarter-on-quarter and flat year-on-year. The company expects to supply 50 - 100 million tons from Simandou this year [6][7]. - Sales: Q3 sales of Pilbara operations were 90.81 million tons, a 5.0% increase quarter-on-quarter and a 4.0% increase year-on-year. The 2025 shipment target for Pilbara iron ore remains unchanged at 323 - 338 million tons [36]. - Shipping: As of October 17, the cumulative year-on-year decrease in shipments was 2 million tons, a recovery of 3.2 million tons from the low point. The cumulative year-on-year increase in shipments to China was 2.59 million tons, a recovery of 4.65 million tons from the low point. The cumulative year-on-year increase in arrivals at Chinese ports was 610,000 tons [44]. BHP - Production: Q3 production of Pilbara operations was 70.25 million tons, a 9.3% decrease quarter-on-quarter and a 1.9% decrease year-on-year. The fiscal year 2026 target was maintained at 284 - 296 million tons, an increase of 2 million tons from the previous fiscal year [8][9]. - Sales: Q3 total sales of Pilbara operations were 70.59 million tons, an 8.0% decrease quarter-on-quarter and a 1.3% decrease year-on-year [9]. - Shipping: As of October 17, the cumulative year-on-year decrease in shipments was 2.27 million tons, a decrease of 800,000 tons from early July. The cumulative year-on-year decrease in shipments to China was 2.87 million tons, a decrease of 1.4 million tons from early July. The cumulative year-on-year decrease in arrivals at Chinese ports was 10.61 million tons [57]. FMG - Production: Q3 total iron ore processing volume was 50.8 million tons, a 6.6% decrease quarter-on-quarter and a 5.8% increase year-on-year. The Iron Bridge project contributed 2.1 million tons, a 12% decrease quarter-on-quarter and a 31.25% increase year-on-year [10]. - Sales: Q3 iron ore shipments reached 49.7 million tons, a 10% decrease quarter-on-quarter and a 4.2% increase year-on-year. The fiscal year 2026 shipment target was set at 195 - 205 million tons [10][11]. - Shipping: As of October 17, the cumulative year-on-year increase in shipments was 8.72 million tons, and the cumulative year-on-year increase in shipments to China was 8.93 million tons. The cumulative year-on-year increase in arrivals at Chinese ports was 540,000 tons [63].

Report Industry Investment Rating - Not provided in the content Core Viewpoints - The report presents the trading data of various index options on October 27, 2025, including trading volume, PCR, and VIX, to reflect the market conditions of index options [1][2][3] Summary by Directory Option Trading Volume - On October 27, 2025, the trading volume of SSE 50 ETF options was 842,600 contracts; CSI 300 ETF options (Shanghai market) was 801,200 contracts; CSI 500 ETF options (Shanghai market) was 1,168,600 contracts; Shenzhen 100 ETF options was 35,600 contracts; ChiNext ETF options was 1,951,800 contracts; SSE 50 index options was 39,700 contracts; CSI 300 index options was 104,600 contracts; and CSI 1000 options was 239,200 contracts [1] - The table shows the call, put, and total trading volumes of various index ETF options on the same day [20] Option PCR - The turnover PCR of SSE 50 ETF options was reported at 0.44, with a month - on - month change of - 0.07; the position PCR was 1.00, with a month - on - month change of + 0.02. Similar data for other options are also provided [2] - The table presents the turnover PCR, month - on - month change, position PCR, and month - on - month change of various index ETF options [35] Option VIX - The VIX of SSE 50 ETF options was reported at 17.30%, with a month - on - month change of + 0.43%. Similar data for other options are also provided [3] - The table shows the VIX and month - on - month change of various index ETF options [48]

Report Industry Investment Rating - RU and NR are rated neutral; BR is also rated neutral [7] Core Viewpoints - For natural rubber, domestic inventory has declined since early October due to a slowdown in arrivals and a rebound in tire开工率. The cost - end support is strong, but supply is expected to increase in the peak season. The overall domestic supply - demand may show a pattern of both supply and demand increasing. If arrivals rebound later, inventory reduction may slow down or accumulate again. Currently, the valuations of RU and NR are low, and prices are expected to move within a range. Attention should be paid to the contango arbitrage opportunities in the spread [7] - For cis - butadiene rubber, there are still many units under maintenance, and supply - side support is expected to remain. The demand for winter tires in the north has boosted the开工率 of steel tires. Supply - demand may improve, and raw material prices are expected to be stable. However, the high inventory may limit the rebound space [7] Market News and Data Futures - The closing price of the RU main contract was 15,380 yuan/ton, up 45 yuan/ton from the previous day; the NR main contract was 12,540 yuan/ton, up 35 yuan/ton; the BR main contract was 10,995 yuan/ton, down 125 yuan/ton [1] Spot - The price of Yunnan - produced whole latex in the Shanghai market was 14,700 yuan/ton, up 50 yuan/ton. The price of Thai mixed rubber in Qingdao Free Trade Zone was 15,000 yuan/ton, unchanged; the price of Thai 20 - grade standard rubber was 1,880 US dollars/ton, up 10 US dollars/ton; the price of Indonesian 20 - grade standard rubber was 1,770 US dollars/ton, up 10 US dollars/ton. The ex - factory price of BR9000 of Sinopec Qilu Petrochemical was 11,200 yuan/ton, unchanged; the market price of BR9000 of Zhejiang Transfar was 10,900 yuan/ton, down 50 yuan/ton [1] Market Information Heavy - Truck Market - In September 2025, China's heavy - truck market sales were about 105,000 vehicles (wholesale basis, including exports and new energy), a year - on - year increase of about 82% and a month - on - month increase of 15%, reaching a new high in the same period in recent years [2] Natural Rubber Imports - In September 2025, China's natural rubber imports were 595,900 tons, a month - on - month increase of 14.41% and a year - on - year increase of 20.92%. From January to September 2025, the cumulative import volume was 4,717,200 tons, a cumulative year - on - year increase of 19.65% [2] Automobile Production and Sales - In September 2025, China's automobile production and sales were 3.276 million and 3.226 million vehicles respectively, a month - on - month increase of 16.4% and 12.9%, and a year - on - year increase of 17.1% and 14.9%. For the first time in the same period in history, automobile production and sales exceeded 3 million vehicles, and the year - on - year growth rate has remained above 10% for 5 consecutive months [3] Rubber Tire Exports - In the first three quarters of 2025, China's rubber tire exports reached 7.28 million tons, a year - on - year increase of 5%; the export value was 127.7 billion yuan, a year - on - year increase of 4.2%. Among them, the export volume of new pneumatic rubber tires was 7.02 million tons, a year - on - year increase of 4.7%; the export value was 122.7 billion yuan, a year - on - year increase of 4%. In terms of the number of tires, the export volume was 534.91 million, a year - on - year increase of 5.4%. The export volume of automobile tires was 6.22 million tons, a year - on - year increase of 4.5%; the export value was 105.5 billion yuan, a year - on - year increase of 3.6% [3] Market Analysis Natural Rubber Spot and Spread - On October 27, 2025, the RU basis was - 680 yuan/ton (+5), the spread between the RU main contract and mixed rubber was 380 yuan/ton (+45), the import profit of smoked sheet rubber was - 3,337 yuan/ton (- 3,336.51), the NR basis was 786 yuan/ton (+27); the price of whole latex was 14,700 yuan/ton (+50), the price of mixed rubber was 15,000 yuan/ton (+0), the price of 3L spot was 15,250 yuan/ton (+50). The STR20 was quoted at 1,880 US dollars/ton (+10), the spread between whole latex and 3L was - 550 yuan/ton (+0); the spread between mixed rubber and styrene - butadiene rubber was 3,600 yuan/ton (+0) [4] Raw Materials - The price of Thai smoked sheet was 60.06 Thai baht/kg (+1.17), the price of Thai latex was 54.50 Thai baht/kg (+0), the price of Thai cup lump was 53.15 Thai baht/kg (+0.75), the difference between Thai latex and cup lump was 1.35 Thai baht/kg (- 0.75) [4] 开工率 - The开工率 of all - steel tires was 65.87% (+1.91%), and the开工率 of semi - steel tires was 72.84% (+1.77%) [5] Inventory - The social inventory of natural rubber was 1,112,557 tons (- 122,953), the inventory of natural rubber in Qingdao Port was 461,188 tons (- 125,451), the RU futures inventory was 124,020 tons (- 10,980), and the NR futures inventory was 42,640 tons (+2,521) [5] Cis - Butadiene Rubber Spot and Spread - On October 27, 2025, the BR basis was - 195 yuan/ton (+25), the ex - factory price of butadiene of Sinopec was 8,300 yuan/ton (- 100), the price of BR9000 of Qilu Petrochemical was 11,200 yuan/ton (+0), the price of BR9000 of Zhejiang Transfar was 10,900 yuan/ton (- 50), the price of private cis - butadiene rubber in Shandong was 10,680 yuan/ton (- 120), and the import profit of cis - butadiene rubber in Northeast Asia was - 1,960 yuan/ton (- 48) [6] 开工率 - The开工率 of high - cis cis - butadiene rubber was 71.71% (- 2.12%) [6] Inventory - The inventory of cis - butadiene rubber traders was 4,520 tons (- 340), and the inventory of cis - butadiene rubber enterprises was 28,650 tons (+750) [6]

Group 1: Report Industry Investment Rating - High-sulfur fuel oil: Neutral, short-term wait-and-see [3] - Low-sulfur fuel oil: Neutral, short-term wait-and-see [3] - Cross-variety: None [3] - Cross-period: None [3] - Spot-futures: None [3] - Options: None [3] Group 2: Core View of the Report - The fuel oil market is running strongly, but there are still macro uncertainties. The sanctions on Russia have led to concerns about supply decline, driving up oil prices and the energy sector. The fuel oil market shows a pattern where high-sulfur is stronger than low-sulfur [1][2] - The impact of sanctions on high-sulfur fuel oil is more significant, but the decline in Russian supply is difficult to quantify. If the actual impact on supply is not high, the upward drive for high-sulfur fuel oil is limited. Low-sulfur fuel oil has weak fundamentals and abundant spot supplies, but the restart of Dangote's RFCC device is expected to relieve local supply pressure [2] Group 3: Summary by Related Catalogs Market Analysis - The main contract of SHFE fuel oil futures closed up 1.28% at 2,842 yuan/ton, and the main contract of INE low-sulfur fuel oil futures closed up 1.21% at 3,267 yuan/ton [2] - Sanctions on Russia have led to concerns about supply decline, driving up oil prices and the energy sector. The fuel oil market is running strongly, but caution is needed due to important macro events [2] - The fuel oil market shows a pattern where high-sulfur is stronger than low-sulfur. The impact of sanctions on high-sulfur fuel oil is more significant, but the decline in Russian supply is difficult to quantify. The demand for fuel oil in the Middle East is expected to decline, and Saudi exports may increase after refinery maintenance. If the actual impact on supply is not high, the upward drive for high-sulfur fuel oil is limited [2] - Low-sulfur fuel oil has weak fundamentals, weak downstream marine fuel demand, and abundant spot supplies. The restart of Dangote's RFCC device is expected to relieve local supply pressure [2] Strategy - High-sulfur: Neutral, short-term wait-and-see [3] - Low-sulfur: Neutral, short-term wait-and-see [3] - Cross-variety: None [3] - Cross-period: None [3] - Spot-futures: None [3] - Options: None [3]

农产品日报 | 2025-10-28 二次育肥积极，猪价短期偏强 生猪观点 市场要闻与重要数据 期货方面，昨日收盘生猪 2601合约12330元/吨，较前交易日变动+155.00元/吨，幅度+1.27%。现货方面，河南地 区外三元生猪价格12.46元/公斤，较前交易日变动+0.30元/公斤，现货基差 LH01+130，较前交易日变动+435；江 苏地区外三元生猪价格 12.64元/公斤，较前交易日变动+0.29元/公斤，现货基差LH01+310，较前交易日变动+365； 四川地区外三元生猪价格11.93元/公斤，较前交易日变动+0.21元/公斤，现货基差LH01-400，较前交易日变动+205。 据农业农村部监测，10月27日"农产品批发价格200指数"为123.32，比上周五上升1.03个点，"菜篮子"产品批发价格 指数为125.01，比上周五上升1.21个点。全国农产品批发市场猪肉平均价格为17.96元/公斤，比上周五上升1.3%； 牛肉66.66元/公斤，比上周五上升0.1%；羊肉62.62元/公斤，比上周五上升1.0%；鸡蛋7.39元/公斤，比上周五上升 0.3%；白条鸡17.58元/公斤，比上周五下 ...

Report Highlights Investment Rating - The overall rating for commodities and stock index futures is neutral [5]. Core Views - The release of the main targets of the 15th Five-Year Plan has boosted market sentiment, and expectations of an average GDP growth rate of around 5% during the 15th Five-Year Plan period have strengthened [1]. - After the Sino-US economic and trade consultations, the two sides reached a "very substantial framework agreement," and the US "no longer considers" imposing a 100% tariff on China [2][6]. - The Fed may stop shrinking its balance sheet in the next few months, and the expectation of another interest rate cut by the Fed within the year has increased [3]. - The US government shutdown has entered its 24th day, hitting the second-longest record in history, and the market has relatively underestimated the severity of the shutdown [3]. Summary by Directory Market Analysis - The A-share market strengthened on October 27, with the Shanghai Composite Index approaching 4000 points, hitting a new high for the year, and the ChiNext Index rising nearly 2%. The storage chip sector exploded, and the controllable nuclear fusion concept was repeatedly active. The bond market and commodity market also showed an upward trend [1]. International Situation - From October 26th to 27th, the Sino-US economic and trade teams held consultations in Kuala Lumpur, Malaysia, and reached a preliminary consensus on multiple important economic and trade issues [2][6]. - The Fed's road to easing may be relatively smooth, but the US government shutdown event still needs attention [3]. Commodity Market - In the short term, it is advisable to take a wait-and-see approach to the commodity market. In the second half of inflation, attention should be paid to possible breakthrough directions in non-ferrous metals and energy [4]. Policy and News - The central bank will resume open market treasury bond trading, and the CSRC will deepen the reform of the ChiNext and give play to the role of long-term funds [1]. - The People's Bank of China will explore a mechanism to provide liquidity to non-bank institutions in specific scenarios [6]. - The CSRC will introduce a shelf registration system for refinancing and broaden the support channels for mergers and acquisitions and reorganizations [6].

Report Industry Investment Rating - No information provided on the industry investment rating Core Viewpoints - Before the meeting between the two heads of state, high - level officials from both sides have had multiple rounds of talks, and the overall trade environment is showing a缓和 trend. With expected further increase in domestic financial policy support, market trading sentiment has heated up again, driving the Shanghai Composite Index to approach the 4000 - point mark with heavy trading volume. In the current environment, one can focus on the main line directions related to the "15th Five - Year Plan", and the long - term upward logic of stock indexes remains solid [1][3] Summary by Directory 1. Macro - economic Charts - Relevant charts include the relationship between the US dollar index and A - share trends, the relationship between US Treasury yields and A - share trends, the relationship between the RMB exchange rate and A - share trends, and the relationship between US Treasury yields and A - share style trends. All data sources are from Flush and Huatai Futures Research Institute [6][9][11] 2. Spot Market Tracking Charts - **Domestic main stock index daily performance**: On October 27, 2025, the Shanghai Composite Index closed at 3996.94, up 1.18%; the Shenzhen Component Index closed at 13489.40, up 1.51%; the ChiNext Index closed at 3234.45, up 1.98%; the CSI 300 Index closed at 4716.02, up 1.19%; the SSE 50 Index closed at 3069.53, up 0.78%; the CSI 500 Index closed at 7379.39, up 1.67%; the CSI 1000 Index closed at 7495.38, up 1.03% [13] - Other relevant charts include the trading volume of the Shanghai and Shenzhen stock markets and the margin trading balance, with data sources from Flush and Huatai Futures Research Institute [6][14] 3. Stock Index Futures Tracking Charts - **Stock index futures trading volume and open interest**: The trading volume of the IF contract was 113,332, a decrease of 2,849; the open interest was 262,244, an increase of 6,831. The trading volume of the IH contract was 56,298, a decrease of 2,681; the open interest was 98,162, an increase of 2,833. The trading volume of the IC contract was 136,694, a decrease of 1,034; the open interest was 252,585, an increase of 8,981. The trading volume of the IM contract was 214,742, a decrease of 9,711; the open interest was 358,844, an increase of 9,755 [17] - **Stock index futures basis**: The basis of the IF contract's current - month contract was - 15.02, a decrease of 2.74; the basis of the next - month contract was - 31.62, a decrease of 5.74; the basis of the current - quarter contract was - 60.02, a decrease of 3.34; the basis of the next - quarter contract was - 95.42, a decrease of 2.14. The basis of the IH contract's current - month contract was - 2.13, a decrease of 4.71; the basis of the next - month contract was - 2.73, a decrease of 5.51; the basis of the current - quarter contract was - 0.33, a decrease of 4.51; the basis of the next - quarter contract was - 2.13, a decrease of 8.11. The basis of the IC contract's current - month contract was - 68.99, a decrease of 22.26; the basis of the next - month contract was - 124.99, a decrease of 26.26; the basis of the current - quarter contract was - 296.39, a decrease of 31.06; the basis of the next - quarter contract was - 475.99, a decrease of 34.06. The basis of the IM contract's current - month contract was - 95.98, a decrease of 45.94; the basis of the next - month contract was - 172.78, a decrease of 51.54; the basis of the current - quarter contract was - 390.18, a decrease of 48.74; the basis of the next - quarter contract was - 603.78, a decrease of 44.34 [42] - **Stock index futures inter - delivery spread**: For example, in the IF contract, the spread between the next - month and current - month contracts was - 16.60, a decrease of 3.00; the spread between the next - quarter and current - month contracts was - 45.00, a decrease of 0.60. Similar data is provided for other contracts and spread combinations [50][51] - Other relevant charts include the open interest of each contract, the latest open - interest ratio, the net open interest of foreign capital in each contract, the basis and inter - delivery spread of each contract, with data sources from Flush and Huatai Futures Research Institute [6][19][34]

流动性日报 | 2025-10-28 基本金属板块成交4834.15亿元，较上一交易日变动+13.98%；持仓金额5968.44亿元，较上一交易日变动+4.93%； 成交持仓比为80.88%。 贵金属板块成交7098.64亿元，较上一交易日变动-2.28%；持仓金额4589.83亿元，较上一交易日变动-1.20%；成交 持仓比为168.56%。 能源化工板块成交4324.04亿元，较上一交易日变动+4.43%；持仓金额4352.83亿元，较上一交易日变动-0.32%；成 交持仓比为87.36%。 农产品板块成交3157.97亿元，较上一交易日变动+2.16%；持仓金额5595.49亿元，较上一交易日变动-1.03%；成交 持仓比为53.84%。 黑色建材板块成交2806.68亿元，较上一交易日变动+10.49%；持仓金额3727.50亿元，较上一交易日变动-0.07%； 成交持仓比为74.31%。 市场流动性概况 2025-10-27，股指板块成交7227.49亿元，较上一交易日变动-1.45%；持仓金额13454.41亿元，较上一交易日变动 +4.29%；成交持仓比为53.62%。 国债板块成交3656.2 ...