Report Information - Report Name: Copper Futures Daily Report [2] - Date: July 22, 2025 [3] - Researcher: Zhang Ping, Yu Feifei, Peng Jinglin [4] Industry Investment Rating - No relevant information provided Core View - The macro - level is the main reason for the recent rise in copper prices. The Ministry of Industry and Information Technology is about to introduce a plan to stabilize growth for industries such as non - ferrous metals, which has raised market expectations for a new round of supply - side reform. With the short - term hype points of copper supply - side reform and a relatively strong fundamental situation, copper prices are expected to rise further [12] Summary by Directory 1. Market Review and Operation Suggestions - Shanghai copper prices rose, with total positions increasing by 14,000 lots and trading volume significantly expanding. The market maintained a near - month contango structure and a far - month ack structure, and the spot premium rose to 220 due to tight market supply. Domestic social inventories decreased by 24,700 tons to 118,600 tons over the weekend, and low inventories began to affect the spot premium. The LME market had a slight inventory reduction of 100 tons, and the expectation of inventory accumulation continued to suppress the 0 - 3 contango structure. The overseas market was affected by the upcoming US tariff on copper, showing a pattern of strong domestic and weak overseas fundamentals [12] 2. Industry News - In June 2025, China's copper enameled wire exports were 12,222.29 tons, a year - on - year increase of 18.35% and a month - on - month increase of 0.93%. From January to June, the total exports were 69,586.5 tons, a cumulative year - on - year increase of 25.32% [13] - In June 2025, China imported 34,700 tons of scrap copper ingots (red/purple copper ingots), a month - on - month decrease of 5% and a year - on - year increase of 71%. From January to June, the cumulative imports were 226,700 tons, a cumulative year - on - year increase of 111% [13] - In June 2025, China imported 68,500 tons of anode copper, a month - on - month decrease of 1.26% and a year - on - year increase of 2.38%. From January to June, the cumulative imports were 382,700 tons, a cumulative year - on - year decrease of 17.56% [13]

Group 1: Report Overview - Report Name: Carbonate Lithium Futures Daily Report [1] - Date: July 22, 2025 [2] - Researcher: Zhang Ping, Yu Feifei, Peng Jinglin [3] Group 2: Market Review and Operational Suggestions - Market Performance: Carbonate lithium futures rose, driven by expectations of a new round of supply-side reform. Total positions increased by 17,000 to 678,000, while total trading volume decreased, indicating reduced trading enthusiasm. Spot prices followed the upward trend, with electric carbon rising by 1,350 to 68,000. Although downstream material manufacturers' acceptance of current price levels remains low, their purchasing willingness has marginally improved due to the continuous upward market trend and inventory digestion. Some enterprises' rigid purchasing needs are supporting the market price, pushing up the central price of carbonate lithium spot transactions [11]. - Import Data: In June 2025, China imported 576,000 tons of spodumene, a 4.8% decrease from the previous month. The import volume of ore remains at a relatively high level, and the fundamentals are still weak. The entire carbonate lithium industry chain faces serious problems of overcapacity and price competition [11]. - Market Outlook: The expected inflection point of carbonate lithium futures has preceded the fundamentals. It is expected that the futures price will rise, but the upward trend may be tortuous due to the drag of spot prices [11]. Group 3: Industry News - Spodumene Import: In June 2025, the total import volume of spodumene was approximately 576,000 tons, a 4.8% decrease from the previous month, equivalent to 46,000 tons of LCE. Lithium ore from Australia, Zimbabwe, and South Africa accounted for 79%. The import volume from Australia was about 256,000 tons, a 31% decrease from the previous month; from Zimbabwe, it was about 101,000 tons, a 3% increase; from South Africa, it was 98,000 tons, an 87% increase. Additionally, the import volume from Nigeria was about 79,000 tons, a 21% increase [14]. - Lithium Hydroxide Trade: In June 2025, China exported 6,260 tons of lithium hydroxide, a 12% increase from the previous month but a 56% decrease from the same period last year. Exports to South Korea and Japan accounted for 96% of the total export volume. The export volume to South Korea was 5,130 tons, a 51% increase from May but a 51% decrease from the same period last year; to Japan, it was 876 tons, a 50% decrease from May and a 74% decrease from the same period last year. In June, China imported 1,482 tons of lithium hydroxide, a significant 76% increase from the previous month [14].

行业 镍日报 日期 2025 年 7 月 22 日 有色金属研究团队 研究员：余菲菲 021-60635729 yufeifei@ccb.ccbfutures.com 期货从业资格号：F3025190 研究员:张平 021-60635734 zhangpin@ccb.ccbfutures.com 期货从业资格号：F3015713 研究员：彭婧霖 021-60635740 pengjinglin@ccb.ccbfutures.com 期货从业资格号：F3075681 请阅读正文后的声明 ＃summary＃ 每日报告 一、行情回顾与操作建议 数据来源：Wind，建信期货研究发展部 镍观点： 宏观氛围高涨推动大宗商品普涨，21 日沪镍跟随走强，主力 2509 收盘上涨 1.91%报 122550 元/吨，指数总持仓增加 7499 至 164521 手。市场主要受到上周五 盘后工信部消息刺激，钢铁、有色、石化等十大重点行业稳增长工作方案即将出 台，并将推动重点行业着力调结构、优供给、淘汰落后产能，相关产能过剩品种 受到提振大幅上涨。不过对镍产业链而言，过剩格局并未扭转，价格压力依然存 在。随着印尼 RKAB 补充配额 ...

Group 1: Report Overview - Report Type: Pig Daily Report [1] - Date: July 22, 2025 [2] Group 2: Market Review and Operation Suggestions Market Review - Futures: On the 21st, the main 2509 contract of live pigs opened slightly higher and fluctuated higher, closing in the positive territory. The highest was 14,510 yuan/ton, the lowest was 14,160 yuan/ton, and the closing price was 14,365 yuan/ton, up 1.77% from the previous day. The total open interest of the index increased by 7,352 lots to 167,973 lots [9]. - Spot: On the 21st, the average price of ternary pigs in the country was 14.40 yuan/kg, up 0.01 yuan/kg from the previous day [9]. Market Analysis - Demand: The price difference between fat and standard pigs slightly expanded, and the utilization rate of pens increased, indicating that the enthusiasm for secondary fattening replenishment increased in the early stage. Due to the hot weather, terminal demand was weak, slaughterhouse orders were average, and the slaughter rate and volume remained low. On July 21, the slaughter volume of sample slaughterhouses was 135,100 heads, a decrease of 700 heads from the previous day and an increase of 2,500 heads from a week ago [10]. - Supply: According to Yongyi data, the planned slaughter volume of sample enterprises in July was 23.88 million heads, a month-on-month decrease of 1.19% from June. Currently, the slaughter progress of the breeding side has recovered, the enthusiasm for slaughter has increased compared with the first ten days, the slaughter weight has slightly decreased, and the utilization rate of pens for secondary fattening pigs is relatively high. There are still secondary fattening pigs to be slaughtered in the future [10]. Outlook - In late July, the slaughter volume of large-scale farms will recover. In order to meet the monthly slaughter target, breeding enterprises may continue to increase the supply. At the same time, demand is in the off-season, and pig prices may continue to be under pressure [10]. - In the medium and long term, the supply of live pigs will continue to increase. However, the domestic anti-involution initiative and the strengthening of regional environmental protection policies are beneficial to the long-term performance of pig prices, especially the far-month contracts are affected by factors such as the expected reduction in weight and the increase in supply being less than the increase in demand. Attention should be paid to the impact of future policies on production capacity [10]. Group 3: Industry News - As of July 18, the average profit per head of self-breeding and self-raising pigs was 111 yuan/head, a week-on-week decrease of 54 yuan/head; the average profit per head of purchasing piglets for breeding was -126 yuan/head, a week-on-week decrease of 82 yuan/head [11][13]. Group 4: Data Overview - On the week of July 17, the average market sales price of 15kg piglets was 542 yuan/head, an increase of 1 yuan/head from the previous week [22]. - As of the end of the second quarter of 2025, the national live pig inventory was 424.47 million heads, a year-on-year increase of 2.2% and a month-on-month increase of 7.16 million heads or 1.72%. From the second quarter of last year to the second quarter of this year, the month-on-month changes were 1.7%, 2.8%, 0.11%, -2.37%, and 1.72% respectively [22]. - As of the week of July 17, the average slaughter weight of national live pigs was 128.83 kg, a decrease of 0.2 kg from the previous week and a month-on-month decrease of 0.16% [22].

Report Information - Industry: Soybean Meal [1] - Date: July 22, 2025 [2] - Research Team: Agricultural Products Research Team, including researchers Yu Lanlan, Lin Zhenlei, Wang Haifeng, Hong Chenliang, and Liu Youran [4] Core Viewpoints - The US soybean futures contract on the external market fluctuated today, with the main contract at 1025 cents. Due to good weather and a slightly bearish USDA report in July, CBOT soybeans declined weakly at the beginning of last week and tested the previous low of 1000 cents again technically. Subsequently, positive news emerged. The US reached a trade agreement with Indonesia, which includes Indonesia's purchase of $4.5 billion worth of agricultural products from the US, stimulating the expectation of new - season US soybean exports. However, CBOT soybeans are still expected to fluctuate in the bottom range. The new - season US soybeans are growing well, with an unexpectedly high excellent - good rate of 70% in the latest week, 4% higher than the previous week and at a very high level in the past five years. Only 7% of the US soybean planting areas are affected by drought, and the soil moisture has some leeway. The expectation of a bumper harvest is gradually strengthening. If China, the largest importer of US soybeans, still cannot purchase due to high tariffs, CBOT soybeans are expected to have no sustained improvement. [6] - Domestic soybean meal continued to be strong this week. Firstly, the risk preference in the commodity market has recovered, and the prices of most industrial products at the bottom have continued to rise, driving the bullish sentiment in the whole market. Secondly, the fundamental situation of soybean meal itself is solid. Although the current spot supply of soybean meal is abundant, considering that China has not started to book ships for new - season US soybeans in the fourth quarter, the current pressure is insignificant. The price of CBOT soybeans has recovered this week, the FOB price of Brazilian soybeans has increased, and the import cost has gradually risen. The far - month soybean meal should be treated with a low - buying strategy. The risk lies in whether the future Sino - US peace talks will bring good news, such as a mutual reduction of tariffs without an agreement for China to purchase additional US agricultural products. [6] Section Summaries 1. Market Review and Operation Suggestions - **Market Data**: For the soybean meal 2601 contract, the previous settlement price was 3070, the opening price was 3080, the highest price was 3091, the lowest price was 3068, the closing price was 3087, with a rise of 17 and a rise rate of 0.55%. The trading volume was 292,691, the open interest was 1,155,465, and the open interest change was 8,587. For the soybean meal 2509 contract, the previous settlement price was 3043, the opening price was 3060, the highest price was 3070, the lowest price was 3046, the closing price was 3069, with a rise of 26 and a rise rate of 0.85%. The trading volume was 972,455, the open interest was 1,885,694, and the open interest change was - 21,481. For the soybean meal 2511 contract, the previous settlement price was 3083, the opening price was 3098, the highest price was 3108, the lowest price was 3083, the closing price was 3105, with a rise of 22 and a rise rate of 0.71%. The trading volume was 150,810, the open interest was 632,481, and the open interest change was - 9,420. [6] - **External Market Situation**: The US soybean futures contract on the external market fluctuated, and CBOT soybeans were affected by weather, USDA report, trade agreements, and China's purchasing situation. [6] - **Domestic Market Situation**: Domestic soybean meal was strong due to market sentiment and its own fundamentals. The far - month soybean meal should be treated with a low - buying strategy, with risks related to Sino - US relations. [6] 2. Industry News - **CFTC Position Report**: As of the week ending July 15, for CBOT soybeans, the long positions increased by 4,268 lots to 186,780 lots, and the short positions increased by 27,042 lots to 171,486 lots; for CBOT soybean oil, the long positions increased by 5,345 lots to 135,739 lots, and the short positions increased by 382 lots to 71,614 lots; for CBOT soybean meal, the long positions increased by 13,201 lots to 128,060 lots, and the short positions increased by 7,342 lots to 207,802 lots; for ICE rapeseed, the long positions decreased by 15,049 lots to 133,601 lots, and the short positions increased by 3,344 lots to 33,399 lots. [7] - **Rapeseed Growth Data**: As of the week ending July 16, the excellent - good rate of rapeseed crops in Saskatchewan, Canada was 60.65%. As of the week ending July 15, the excellent - good rate of rapeseed growth in Alberta was 64.4%, up from 63.7% the previous week. In Manitoba, due to a long sowing window, rapeseed was at different growth stages, and the fungicide spraying work was still in progress. [9] 3. Data Overview - Data includes various charts such as the ex - factory price of soybean meal, the basis of the 09 contract of soybean meal, the 1 - 5 spread of soybean meal, the 5 - 9 spread of soybean meal, the US dollar - RMB central parity rate, and the US dollar - Brazilian real exchange rate, with data sources from Wind and the Research and Development Department of Jianxin Futures. [15][17][14]

Group 1: Report Information - Report Name: Sugar Daily Report [1] - Date: July 22, 2025 [2] - Researcher: Wang Haifeng, Lin Zhenlei, Yu Lanlan, Hong Chenliang, Liu Youran [3] Group 2: Market Review and Operation Suggestions - **Futures Market**: On Friday, the New York raw sugar futures rebounded slightly. The main October contract closed up 0.3% to 16.79 cents per pound. The London ICE white sugar futures' main October contract closed up 0.8% to $487.70 per ton. The news that Coca - Cola was called on by the US President to resume using sucrose as a raw material stimulated the sugar price to some extent, but Coca - Cola's response was not positive. The main logic supporting the strength of raw sugar was the poor production data in Brazil. The Zhengzhou sugar main contract fluctuated within a narrow range. The 09 contract closed at 5,839 yuan per ton, up 11 yuan or 0.19%, with an increase of 7,069 contracts in positions. The domestic spot prices in the producing areas rose slightly, with the price in Nanning at 6,100 yuan and in Kunming at 5,860 yuan. Zhengzhou sugar followed the rhythm of raw sugar. Fundamentally, the import volume increased in June, and the pressure of processed sugar would increase later. Although the domestic commodity market generally rose recently due to the anti - involution theme, Zhengzhou sugar was basically unaffected [7][8] Group 3: Industry News - **Import Data**: In June 2025, China imported 11.55 tons of syrup and premixed powder (tax - included tariff numbers 1702.90, 2106.906), a year - on - year decrease of 10.35 tons. From January to June 2025, the total import was 45.91 tons, a year - on - year decrease of 49.24 tons. As of June in the 2024/25 sugar - crushing season, the total import was 109.83 tons, a year - on - year decrease of 26.95 tons. In June 2025, China imported 42 tons of sugar, a year - on - year increase of 39.23 tons. From January to June 2025, China imported 105.08 tons of sugar, a year - on - year decrease of 25.12 tons, a decline of 19.29%. As of June in the 2024/25 sugar - crushing season, China imported 251.26 tons of sugar, a year - on - year decrease of 64.93 tons, a decline of 20.54% [9] - **Production Data**: In June 2025, China's dairy product output was 254.6 tons, a year - on - year increase of 4.1%; from January to June, it was 1,433 tons, a year - on - year decrease of 0.3%. In June 2025, China's beverage output was 1,842.8 tons, a year - on - year increase of 3.2%; from January to June, it was 9,308.9 tons, a year - on - year increase of 2.9% [9] - **Shipping Data**: As of the week ending July 15, the number of ships waiting to load sugar at Brazilian ports was 77, compared with 90 in the previous week. The quantity of sugar waiting to be loaded at ports was 309.43 tons (the quantity of high - grade raw sugar was 304.18 tons), compared with 368.55 tons in the previous week, a month - on - month decrease of 59.12 tons, a decline of 16.04%. The quantity of sugar waiting for export at Santos Port was 239.61 tons, and at Paranagua Port was 45.12 tons [9] Group 4: Data Overview - **Figures**: The report includes figures such as the spot price trend, the basis of the 2509 contract, the SR9 - 1 spread, the import profit of Brazilian raw sugar, the number of Zhengzhou Commodity Exchange warehouse receipts, the Brazilian real exchange rate, and the trading volume and positions of the top 20 seats of the Zhengzhou sugar main contract [15][18][20] - **Table**: The table shows the trading volume, position changes, and other data of the top 20 members in the Zhengzhou sugar futures market [22]

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - The report suggests that the international trade and monetary system restructuring and reserve diversification needs will support the long - term bull market of gold, and Trump's reforms and central bank rate - cut expectations will support the medium - term bull market. However, the high price and P/E ratio also increase the volatility of gold prices. It is expected that London gold will continue to oscillate between $3120 - $3500 per ounce in the short term, and investors are advised to take a long - position approach with medium - low positions [4][5]. 3. Summary by Relevant Catalogs 3.1 Precious Metals Market Conditions and Outlook 3.1.1 Intraday Market - Weak US real estate data and domestic political risks pushed the US dollar index down to around 98.3. Potential candidates for the Fed chair support rapid rate cuts, providing potential support for precious metals. London gold rose slightly to around $3370 per ounce, and silver with strong industrial attributes strengthened due to anti - involution expectations. Trump's new policies boost the safe - haven demand for gold. London gold may oscillate between $3120 - $3500 per ounce and then rise again. Investors are advised to hold a long - position mindset and participate in trading with medium - low positions. This week, focus on the preliminary July PMI values in Europe and the US and the ECB's interest - rate meeting [4]. 3.1.2 Medium - term Market - Since late April, London gold has been oscillating between $3100 - $3500 per ounce. Cooling international trade and the US fiscal expansion bill weakened gold's safe - haven and allocation needs, but Trump's new policies and geopolitical risks still support the price. In June, speculative funds flowed into the silver and platinum markets, and the gold - silver ratio has returned to the pre - April level. The report believes that the long - term bull market of gold is supported by international trade and monetary system restructuring, and the medium - term bull market is supported by Trump's reforms and rate - cut expectations. However, high prices also increase volatility, and in the third quarter, attention should be paid to the impact of the US fiscal expansion bill and inflation on the Fed's rate - cut timing. It is expected that London gold will continue to oscillate between $3120 - $3500 per ounce in the short term. Investors are advised to take a long - position approach with medium - low positions, and short - minded traders can consider "long gold, short silver" arbitrage opportunities [5]. 3.2 Precious Metals Market - Related Charts - The report provides multiple charts including Shanghai gold and silver futures indices, London gold and silver spot prices, Shanghai futures index basis against Shanghai Gold T+D, and gold and silver ETF holdings, but no specific analysis of these charts is provided in the text [7][9][11]. 3.3 Main Macroeconomic Events/Data - In Japan's Sunday election, the ruling coalition is likely to lose control of the Senate, weakening Prime Minister Ishiba's power [17]. - G20 finance leaders emphasized central bank independence and cooperation in a joint communiqué, highlighting global economic uncertainties [17]. - The US House China Special Committee chair opposes resuming the sale of Nvidia H20 chips to China, and Nvidia has informed Chinese customers of limited supply and no plan to restart production [17]. - US single - family home starts in June dropped to an 11 - month low, with a 4.6% decline and building permits down 3.7%, indicating a potential contraction in residential investment in Q2 [18].

Report Information - Report Title: Container Shipping Index Daily Report [1] - Date: July 22, 2025 [2] - Research Team: Macro Financial Team [4] - Researchers: He Zhuoqiao, Huang Wenxin, Nie Jiayi [3] 1. Industry Investment Rating - No industry investment rating is provided in the report. 2. Core Viewpoints - The peak of the shipping season is approaching, and the SCFIS has dropped by about 21 points to around 2400 points compared to last week. Online quotes are relatively stable. Attention should be paid to shorting opportunities in October, a traditional off - season, and positive spread arbitrage opportunities between the 08 and 10 contracts [8]. 3. Summary by Section 3.1 Market Review and Operation Suggestions - **Spot Market**: The peak of the shipping season is about to appear. The SCFIS has dropped to around 2400 points. Most shipping companies have slightly lowered their quotes for late July, and the quotes for August from some airlines remain at the late - July level. Historically, the peak usually appears in the third week of July, and freight rates in late August will return to the early - July level. The 08 contract's discount space is limited. Focus on shorting opportunities in October and positive spread arbitrage between 08 - 10 contracts [8]. 3.2 Industry News - **Overall Market**: From July 14 to 18, the China export container shipping market was generally stable, with most route freight rates falling, dragging down the composite index. In the first half of 2025, China's foreign trade increased steadily, which will support the export container shipping market in the long term [9]. - **European Routes**: The eurozone's July ZEW economic sentiment index rose, and the German index reached a new high since February 2022. However, Trump's tariff announcement and the EU's counter - measures bring uncertainty. On July 18, the freight rate from Shanghai Port to European basic ports decreased by 1.0% [9]. - **Mediterranean Routes**: The market situation is in sync with European routes, and the spot market booking price has slightly declined. On July 18, the freight rate from Shanghai Port to Mediterranean basic ports decreased by 5.2% [9]. - **North American Routes**: In June, the US CPI increased, and import prices showed upward pressure. The freight rates from Shanghai Port to the US West and East basic ports decreased by 2.4% and 13.4% respectively [10]. - **Israeli Ports**: Due to the blockade by the Yemeni Houthi rebels, the Eilat Port in Israel has stopped operations, which may weaken Israel's shipping logistics capacity in the Red Sea and cause security concerns [10]. - **Trade Policies**: The US will maintain a 25% tariff on Japanese goods and may reach a trade agreement with India soon. The US has also set different tariff rates for other countries [10]. - **Red Sea Situation**: The Yemeni Houthi rebels have prohibited ships related to Israel from passing through the Red Sea, and two cargo ships have been sunk in the Red Sea [10]. 3.3 Data Overview - **Container Shipping Spot Prices**: On July 21, the SCFIS for European routes decreased by 0.9% compared to July 14, while the SCFIS for US West routes increased by 2.8% [12]. - **Container Shipping Index (European Line) Futures Quotes**: The report provides trading data for multiple contracts on July 21, including opening prices, closing prices, settlement prices, price changes, and trading volumes [6].

Industry Information - Report Type: Pulp Daily Report [1] - Date: July 22, 2025 [2] - Research Team: Energy and Chemical Research Team [4] Report Highlights 1. Market Review and Operational Suggestions - The previous settlement price of the pulp futures 09 contract was 5,292 yuan/ton, and the closing price was 5,334 yuan/ton, a rise of 0.79%. The intended transaction price range of softwood pulp in the Shandong market was 5,220 - 6,700 yuan/ton, with the low - end price stable compared to the previous trading day. The Shandong Yinxing was quoted at 5,950 yuan/ton [7]. - Chile's Arauco announced its July offer. Yinxing had no new offers as all transactions were completed, and the net price of Uruguay's hardwood pulp, New Star, was $500/ton [7]. - According to PPPC data, the shipment volume of softwood pulp from the world's 20 major pulp - producing countries in May was 1.69 million tons, a 4.4% increase month - on - month and an 8.2% decrease year - on - year [7]. - According to UTIPULP data, the European wood pulp inventory in June increased by 2.4% month - on - month and 6.6% year - on - year; consumption decreased by 9.9% month - on - month and 10.6% year - on - year [7]. - China's total pulp imports in June were 3.03 million tons, a 0.4% increase month - on - month and a 16.1% increase year - on - year [7]. - As of July 17, 2025, the weekly pulp inventory in major regions and ports decreased by 1.08% month - on - month, changing from an increase to a decrease [7]. - Affected by the off - season atmosphere, the prices of downstream paper products were weak. With limited changes in fundamentals, pulp fluctuated and rose slightly in the short term, driven by the commodity market atmosphere [7] 2. Industry News - The 18,000 - ton cardboard and 16,000 - ton carton project of Dongsheng Paper Products Co., Ltd. in Guitou Town, Ruyuan County, Shaoguan City, Guangdong Province, successfully completed its trial production. The company is a Hong Kong - funded enterprise and the only corrugated cardboard manufacturer in Shaoguan [8]. - The project won the "Representative Project of Guangdong - Hong Kong Social Investment and Development" at the 2025 Hong Kong - Macau Spring Reception. With a total investment of 150 million yuan, covering 56 mu and a planned construction area of 37,000 square meters, it is expected to be put into production this year, with an annual production capacity of about 30,000 tons of corrugated cardboard, an expected annual output value of about 160 million yuan, and about 100 job opportunities [8] 3. Data Overview The report includes various data charts related to pulp, such as pulp futures prices, import prices, inventory levels in different regions (including Europe and China), and prices of related paper products, with data sources from Wind, PPPC, UTIPULP, and other institutions [7][27][29]

行业 沥青日报 日期 2025 年 7 月 22 日 021-60635738 lijie@ccb.ccbfutures.com 期货从业资格号：F3031215 021-60635737 renjunchi@ccb.ccbfutures.com 期货从业资格号：F3037892 028-8663 0631 penghaozhou@ccb.ccbfutures.com 期货从业资格号：F3065843 021-60635740 pengjinglin@ccb.ccbfutures.com 期货从业资格号：F3075681 021-60635570 liuyouran@ccb.ccbfutures.com 期货从业资格号：F03094925 研究员：李金（甲醇） 021-60635730 lijin@ccb.ccbfutures.com 期货从业资格号：F3015157 021-60635727 fengzeren@ccb.ccbfutures.com 期货从业资格号：F03134307 能源化工研究团队 研究员：李捷,CFA（原油沥青） 研究员：任俊弛（PTA、MEG） 研究员：彭浩洲（碳市场工业硅） 研究员 ...