Report Industry Investment Rating - Not provided Core Viewpoints - BZ2603 showed a slight fluctuation, closing at 5441 yuan/ton last week. The operating rates of petroleum benzene and hydrogenated benzene decreased, leading to a decline in domestic pure benzene production. The operating rates of downstream styrene and caprolactam decreased, while those of phenol, aniline, and adipic acid increased. The weighted operating rate of pure benzene downstream decreased slightly. The inventory at East China ports continued to accumulate, higher than the same period in previous years. The profit of petroleum benzene recovered slightly but remained at a low - valuation level due to weak supply - demand. This week, a domestic disproportionation unit is under maintenance, but the increase in imported resources is expected to lead to a slight rise in the supply of domestic petroleum benzene. In December, the impact of domestic petroleum benzene maintenance changes little compared to November. The commissioning and restart of downstream styrene units, along with the expected load increase of phenol and caprolactam, may drive a slight increase in pure benzene demand, alleviating the wide - balance state of spot supply - demand. In terms of cost, geopolitical uncertainties in Russia - Ukraine and US - Venezuela still exist. The market expects an increased probability of the Fed cutting interest rates in December, and international oil prices have shown strong fluctuations recently. In the short term, BZ2603 is expected to fluctuate, with a daily range around 5370 - 5500 [2] Summary of Relevant Catalogs Futures Market - The closing price of the pure benzene futures main contract was 5441 yuan/ton, a decrease of 13 yuan; the settlement price was 5447 yuan/ton, an increase of 14 yuan. The trading volume was 10465 lots, a decrease of 780 lots; the open interest was 22857 lots, with a change of - 667 lots [2] Spot Market - The mainstream price of pure benzene in the East China market was 5335 yuan/ton; in the North China market, it was 5270 yuan/ton; in the South China market, it was 5300 yuan/ton; in the Northeast region, it was 5231 yuan/ton. The mainstream price of hydrogenated benzene in Jiangsu was 5375 yuan/ton, and in Shanxi, it was 5150 yuan/ton. The FOB mid - price of pure benzene in South Korea was 659 dollars/ton, and the CFR mid - price of pure benzene in China was 668.82 dollars/ton [2] Upstream Situation - The spot price of Brent DTD crude oil was 64.31 dollars/barrel, a decrease of 0.16 dollars; the CFR mid - price of naphtha in the Japanese region was 567.25 dollars/ton, a decrease of 0.25 dollars [2] Industry Situation - The capacity utilization rate of pure benzene was 76.59%, a decrease of 0.08 percentage points; the weekly output was 44.62 tons, a decrease of 0.05 tons. The port inventory of pure benzene was 16.4 tons, an increase of 1.7 tons. The production cost was 5246.8 yuan/ton, a decrease of 67.6 yuan; the production profit was 78 yuan/ton, an increase of 38 yuan [2] Downstream Situation - The operating rate of styrene was 67.29%, a decrease of 1.66 percentage points; the capacity utilization rate of caprolactam was 86.68%, a decrease of 1.54 percentage points; the capacity utilization rate of phenol was 81.16%, an increase of 2.45 percentage points; the capacity utilization rate of aniline was 77.19%, an increase of 1.51 percentage points; the capacity utilization rate of adipic acid was 59.4%, an increase of 3.9 percentage points [2] Industry News - From November 21st to 27th, SH2601 fell 1.03% to close at 2212 yuan/ton. From November 22nd to 28th, the weighted operating rate of pure benzene downstream decreased by 0.14% to 72.99%. As of December 1st, the pure benzene inventory in East China was 22.4 tons, a 36.59% increase from the previous period. From November 21st to 27th, the profit of petroleum benzene increased by 38 yuan/ton to 78 yuan/ton [2]

| 数据指标 | 项目类别 最新 环比 数据指标 最新 | 环比 | | --- | --- | --- | | 沪铝主力合约收盘价(日,元/吨) | 21,940.00 +30.00↑ 氧化铝期货主力合约收盘价(日,元/吨) 2,636.00 | -34.00↓ | | 主力-连二合约价差:沪铝(日,元/吨) | -90.00 -15.00↓ 主力-连二合约价差:氧化铝(日,元/吨) -80.00 -14321.00↓ | +5.00↑ | | 主力合约持仓量:沪铝(日,手) | 249,248.00 -9192.00↓ 主力合约持仓量:氧化铝(日,手) 344,387.00 LME电解铝三个月报价（日，美元/吨） 2,863.50 -24.50↓ LME铝库存（日，吨） 535,900.00 | | | LME铝注销仓单(日,吨) | 50,325.00 0.00 库存:氧化铝:合计(周,万吨) 260,858.00 +5094.00↑ | | | 期货市场 | 沪铝前20名净持仓（日，手） 10,147.00 +5196.00↑ 沪伦比值 7.66 | -2000.00↓ +0.08↑ | | 铸造铝合 ...

Report Industry Investment Rating - No relevant content provided Core Viewpoints - On December 3, the JM2601 contract closed at 1070.5, down 2.19%. The coking coal market is in a bottom - oscillating state with short - term multi - empty fluctuations. The mine capacity utilization rate has declined, and the coking coal inventory of mid - upstream mines and coal washing plants has increased for 4 - 5 consecutive weeks. The inventory is at a neutral level, and the inventory of mid - downstream has a seasonal upward trend. Technically, the daily K - line is below the 20 - day and 60 - day moving averages, and the short - term trend is oscillating [2]. - On December 3, the J2601 contract closed at 1624.5, up 0.40%. The first round of price cuts for coke in the spot market has been implemented. The iron - making output has decreased, and the total coke inventory is higher than the same period. The average profit per ton of coke for 30 independent coking plants is 46 yuan/ton. Technically, the daily K - line is below the 20 - day and 60 - day moving averages, and the short - term trend is oscillating [2]. Summary by Relevant Catalogs Futures Market - JM主力合约收盘价为1070.50元/吨，较前一日下跌26.00元；J主力合约收盘价为1624.50元/吨，较前一日下跌5.00元[2]。 - JM期货合约持仓量为848358.00手，较前一日增加5949.00手；J期货合约持仓量为46528.00手，较前一日减少755.00手[2]。 - 焦煤前20名合约净持仓为 - 97300.00手，较前一日增加13619.00手；焦炭前20名合约净持仓为283.00手，较前一日减少63.00手[2]。 - JM5 - 1月合约价差为94.00元/吨，较前一日增加11.00元；J5 - 1月合约价差为127.00元/吨，较前一日减少8.00元[2]。 - 焦煤仓单为600.00张，较前一日无变化；焦炭仓单为2070.00张，较前一日无变化[2]。 Spot Market - 干其毛都蒙5原煤价格为1000.00元/吨，较前一日无变化；唐山一级冶金焦价格为1830.00元/吨，较前一日无变化[2]。 - 俄罗斯主焦煤远期现货（CFR）价格为162.00美元/湿吨，较前一日无变化；日照港准一级冶金焦价格为1620.00元/吨，较前一日无变化[2]。 - 京唐港澳大利亚进口主焦煤价格为1510.00元/吨，较前一日无变化；天津港一级冶金焦价格为1720.00元/吨，较前一日无变化[2]。 - 京唐港山西产主焦煤价格为1670.00元/吨，较前一日无变化；天津港准一级冶金焦价格为1620.00元/吨，较前一日无变化[2]。 - 山西晋中灵石中硫主焦价格为1610.00元/吨，较前一日无变化；J主力合约基差为205.50元/吨，较前一日增加5.00元[2]。 - 内蒙古乌海产焦煤出厂价为1350.00元/吨，较前一日无变化；JM主力合约基差为539.50元/吨，较前一日增加26.00元[2]。 Upstream Situation - 314家独立洗煤厂精煤日产量为27.10万吨，较前一日增加0.50万吨；314家独立洗煤厂精煤周库存为321.40万吨，较前一周增加16.10万吨[2]。 - 314家独立洗煤厂产能利用率为0.37%，较前一周无变化；原煤月产量为40675.00万吨，较前一月减少475.50万吨[2]。 - 煤及褐煤月进口量为4174.00万吨，较前一月减少426.00万吨；523家炼焦煤矿山原煤日均产量为191.30万吨，较前一日减少2.10万吨[2]。 - 16个港口进口焦煤周库存为465.00万吨，较前一周增加8.10万吨；焦炭18个港口周库存为247.20万吨，较前一周减少6.20万吨[2]。 - 独立焦企全样本炼焦煤周库存为1010.30万吨，较前一周减少27.89万吨；独立焦企全样本焦炭周库存为71.76万吨，较前一周增加6.47万吨[2]。 - 全国247家钢厂炼焦煤周库存为801.30万吨，较前一周增加4.22万吨；全国247家样本钢厂焦炭周库存为625.52万吨，较前一周增加3.18万吨[2]。 Industry Situation - 独立焦企全样本炼焦煤可用天数为13.01天，较前一周增加0.04天；247家样本钢厂焦炭可用天数为11.29天，较前一周增加0.24天[2]。 - 炼焦煤月进口量为1059.32万吨，较前一月减少33.04万吨；焦炭及半焦炭月出口量为73.00万吨，较前一月增加19.00万吨[2]。 - 炼焦煤月产量为4231.51万吨，较前一月增加255.59万吨；独立焦企产能利用率为72.95%，较前一周增加1.24%[2]。 - 独立焦化厂吨焦盈利为46.00元/吨，较前一周增加27.00元[2]。 - 焦炭月产量为4189.60万吨，较前一月减少66.00万吨[2]。 Downstream Situation - 全国247家钢厂高炉开工率为81.07%，较前一周下降1.10%；247家钢厂高炉炼铁产能利用率为87.96%，较前一周下降0.60%[2]。 - 粗钢月产量为7199.70万吨，较前一月减少149.31万吨[2]。 Industry News - As of December 2, the issuance scale of local government bonds nationwide was approximately 10.1 trillion yuan, with local government annual bond issuance exceeding 10 trillion yuan for the first time [2]. - Six state - owned large - scale banks have stopped selling 5 - year large - denomination certificates of deposit [2]. - The United Nations Conference on Trade and Development predicted that the global economic growth in 2025 would slow down to 2.6%, lower than 2.9% in 2024 [2]. - The OECD estimated that the global economic growth would be 3.2% in 2025, 2.9% in 2026, and 3.1% in 2027, and China's economic growth in 2025 would be 5% [2].

1. Report's Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - PVC V2601 oscillated weakly, closing at 4,541 yuan/ton last week. The capacity utilization rate of PVC increased, with the downstream开工率 rising due to the increase in soft product开工率, while the开工 rates of pipes and profiles decreased. Social inventory accumulated slightly at a high level. The cost of the calcium carbide process increased and losses deepened, while the cost of the ethylene process decreased and profits slightly recovered. This week, the 300,000 - ton Shandong Hengtong device restarted, and the PVC capacity utilization rate still has an upward trend. In December, there are few PVC maintenance plans, and the high - operation state is expected to continue. With the temperature drop, the terminal demand of infrastructure and real estate weakens, and the downstream开工率 of PVC is expected to decline seasonally. The termination of India's BIS policy and anti - dumping tax policy on imported PVC still leaves overseas demand, but it has limited effect on alleviating the domestic supply - demand contradiction. The upstream price of the calcium carbide process remains strong, and there is still support at the cost end. Recently, affected by the cost - side benefits and the exit of short - covering positions, the PVC market rebounded. However, the rebound space is relatively limited under the background of high PVC operation and weak demand. Technically, the daily K - line of V2601 should focus on the support around 4,510 and the pressure around 4,600 [3] 3. Summary According to the Directory 3.1 Futures Market - The closing price of PVC was 4,541 yuan/ton, a decrease of 34 yuan; the trading volume was 589,135 lots, an increase of 40,154 lots; the open interest was 1,021,344 lots, a decrease of 2,694 lots. Among the top 20 positions, the buy order volume was 1,076,044 lots, an increase of 11,578 lots; the sell order volume was 1,196,722 lots, an increase of 10,079 lots; and the net buy order volume was - 120,678 lots, an increase of 1,499 lots [3] 3.2 Spot Market - In the East China region, the price of ethylene - based PVC was 4,560 yuan/ton, unchanged; the price of calcium carbide - based PVC was 4,523.08 yuan/ton, an increase of 6.15 yuan. In the South China region, the price of ethylene - based PVC was 4,610 yuan/ton, a decrease of 15 yuan; the price of calcium carbide - based PVC was 4,548.75 yuan/ton, an increase of 30 yuan. The CIF price of PVC in China was 640 US dollars/ton, unchanged; the CIF price in Southeast Asia was 620 US dollars/ton, unchanged; the FOB price in Northwest Europe was 660 US dollars/ton, unchanged. The basis of PVC was - 65 yuan/ton, a decrease of 2 yuan [3] 3.3 Upstream Situation - The mainstream average price of calcium carbide in the central China region was 2,800 yuan/ton, unchanged; in the northern China region, it was 2,740 yuan/ton, unchanged; in the northwestern China region, it was 2,559 yuan/ton, unchanged. The mainstream price of liquid chlorine in Inner Mongolia was - 24.5 yuan/ton, unchanged. The CFR mid - price of VCM in the Far East was 438 US dollars/ton, a decrease of 38 US dollars; in Southeast Asia, it was 498 US dollars/ton, a decrease of 40 US dollars. The CFR mid - price of EDC in the Far East was 173 US dollars/ton, a decrease of 6 US dollars; in Southeast Asia, it was 178 US dollars/ton, a decrease of 6 US dollars [3] 3.4 Industry Situation - The weekly开工率 of PVC was 80.22%, an increase of 1.39 percentage points; the weekly开工率 of calcium carbide - based PVC was 83.61%, an increase of 2.3 percentage points; the weekly开工率 of ethylene - based PVC was 72.38%, a decrease of 0.74 percentage points. The total social inventory of PVC was 527,900 tons, an increase of 1,200 tons; the total inventory in the East China region was 481,300 tons, an increase of 800 tons; the total inventory in the South China region was 46,600 tons, an increase of 400 tons [3] 3.5 Downstream Situation - The national real estate climate index was 92.43, a decrease of 0.35. The cumulative value of newly started housing area was 49,061.39 million square meters, an increase of 3,662.39 million square meters. The cumulative value of real estate construction area was 652,939.03 million square meters, an increase of 4,359.03 million square meters. The cumulative value of real estate development investment completed was 3,898.297 billion yuan, an increase of 311.91 billion yuan [3] 3.6 Option Market - The 20 - day historical volatility of PVC was 10.17%, an increase of 0.05 percentage points; the 40 - day historical volatility was 10.21%, a decrease of 0.21 percentage points. The implied volatility of at - the - money put options was 14.91%, a decrease of 1.45 percentage points; the implied volatility of at - the - money call options was 14.91%, a decrease of 1.45 percentage points [3] 3.7 Industry News - From November 22nd to 28th, China's PVC capacity utilization rate was 80.22%, a month - on - month increase of 1.39%. The downstream开工率 of PVC increased by 0.42 percentage points month - on - month to 49.61%, among which the pipe开工率 decreased by 1.4 percentage points month - on - month to 38.8%, and the profile开工率 increased by 0.21 percentage points month - on - month to 36.09%. As of November 27th, the social inventory of PVC increased by 0.99% week - on - week to 1.0428 million tons. From November 22nd to 28th, the average national cost of the calcium carbide process increased to 5,131 yuan/ton, and the average national cost of the ethylene process decreased to 5,187 yuan/ton; the profit of the calcium carbide process decreased to - 881 yuan/ton, and the profit of the ethylene process increased to - 465 yuan/ton [3]

合成橡胶产业日报 2025-12-03 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 主力合约收盘价:合成橡胶(日,元/吨) | 10575 | -110 主力合约持仓量:合成橡胶(日,元/吨) | 38986 | -6617 | | | 合成橡胶1-2价差(日,元/吨) 主流价:顺丁橡胶(BR9000,齐鲁石化):山 | 5 | 20 仓单数量:丁二烯橡胶:仓库:总计(日,吨) | 3350 | -40 | | 现货市场 | 东(日,元/吨) | 10500 | 100 主流价:顺丁橡胶(BR9000,大庆石化):山 | 10500 | 200 100 | | | 主流价:顺丁橡胶(BR9000,大庆石化):上 | 10500 | 东(日,元/吨) 100 主流价:顺丁橡胶(BR9000,茂名石化):广 | 10700 | | | | 海(日,元/吨) 基差:合成橡胶(日,元/吨) 布伦特原油(日,美元/桶) | -135 62.45 | -275 东(日,元/吨) -0.72 ...

国债期货日报 2025/12/3 研究员： 廖宏斌 期货从业资格号F30825507 期货投资咨询从业证书号Z0020723 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完 整性不做任何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否 符合其特定状况。本报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。 如引用、刊发，需注明出处为瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 端在期货 | 项目类别 | 数据指标 最新 | 最新 | 环比 项目 | | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | T主力收盘价 | 108.040 | 0.06% T主力成交量 | 78429 | 2853↑ | | | TF主力收盘价 | 105.850 | 0.07% TF主力成交量 | 65002 | 9461↑ | | | TS主力收盘价 | 102.420 | 0.03% TS主力成交量 | 258 ...

Report Summary 1. Report Industry Investment Rating - No information provided regarding the industry investment rating. 2. Core Viewpoints - On Wednesday, the freight index (European line) futures prices rose slightly, with the main contract EC2602 closing up 0.92% and far - month contracts rising between 1 - 2%. Shipping companies' planned price hikes in late December drove up the futures prices. The latest SCFIS European line settlement freight index was 1483.65, down 155.72 points from last week but up 9.5% month - on - month. China's manufacturing PMI in November showed a slight recovery, and the new export orders index rose to 47.9, indicating a pre - Christmas recovery in terminal transport demand. Spot freight rates from Maersk and MSC increased slightly. Geopolitical conflicts remained deadlocked, while Germany's economic performance boosted market confidence in the eurozone. The current freight market is highly influenced by news, and futures prices are expected to fluctuate more. Investors are advised to be cautious and control risks [2]. 3. Summary by Directory 3.1 Futures Market - **Futures Prices**: EC main contract closed at 1083.100, up 9.1; EC secondary main contract closed at 1254.5, up 21.30. The price difference between EC2602 - EC2604 was - 5.10 lower at 457.00, and the price difference between EC2602 - EC2606 was - 15.40 lower at 285.60. The EC contract basis was - 161.62 lower at - 56.45 [2]. - **Futures Positions**: The main EC contract's open interest decreased by 156 to 18997 hands [2]. 3.2 Spot Market - **Spot Freight Index**: SCFIS (European line) weekly was 1483.65, down 155.72; SCFIS (US West line) weekly was 948.77, down 159.08; SCFI (composite index) weekly was 1403.13, up 9.57; CCFI (composite index) weekly was 1121.80, down 0.99; CCFI (European line) weekly was 1449.34, up 16.38 [2]. - **Other Spot Indicators**: The Baltic Dry Index daily was 2600.00, down 17.00; the Panamax Freight Index daily was 1915.00, up 19.00. The average charter price for Panamax ships was 17695.00, unchanged; the average charter price for Capesize ships was 36180.00, down 860.00 [2]. 3.3 Industry News - **Geopolitical News**: China and Russia held strategic security consultations, reaching new consensus on major strategic security issues. The US and Ukraine held high - level talks to improve the peace plan. The OECD predicted that the global economic growth rates for this year and next would be 3.2% and 2.9% respectively, with the US economy expected to grow 2% and 1.7%, and the eurozone economy 1.3% and 1.2% [2]. 3.4 Key Points to Watch - On December 4th, key data includes the eurozone's October retail sales month - on - month rate at 18:00, the US November Challenger job - cuts in thousands at 20:30, and the US initial jobless claims for the week ending November 29th in thousands at 21:30 [2].

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - In early December, the market will still be in a multi - vacuum period of macro data, performance, and policies. Without clear trading guidance, the market is expected to remain in a random - walk state, and stock index futures will maintain volatility. [2] 3. Summary by Relevant Catalogs 3.1 Futures Contract Data - **Futures Contracts**: All main and secondary main contracts of IF, IH, IC, and IM declined. For example, the IF main contract (2512) was at 4518.2, down 13.6; the IH main contract (2512) was at 2958.4, down 10.4; the IC main contract (2512) was at 6950.4, down 28.8; the IM main contract (2512) was at 7195.4, down 41.8. [2] - **Contract Spreads**: All spreads between different contracts declined, such as the IF - IH monthly contract spread was 1559.8, down 4.6; the IC - IF monthly contract spread was 2432.2, down 14.2. [2] - **Quarter - to - Month Spreads**: Most quarter - to - month spreads of IF, IH, IC, and IM increased, e.g., IF quarter - to - month was - 35.8, up 3.0; IH quarter - to - month was - 7.2, up 0.4. [2] - **Top 20 Net Positions**: The net positions of IF and IM among the top 20 increased, while those of IH and IC decreased. The IF top 20 net position was - 18,212.00, up 96.0; the IH top 20 net position was - 11,672.00, down 207.0. [2] 3.2 Spot Price and Basis - **Spot Prices**: The spot prices of the Shanghai - Shenzhen 300, Shanghai Stock Exchange 50, CSI 500, and CSI 1000 all declined. The Shanghai - Shenzhen 300 was at 4531.05, down 23.3; the Shanghai Stock Exchange 50 was at 2963.1, down 15.4. [2] - **Basis**: The basis of all main contracts increased. The IF main contract basis was - 12.9, up 5.7; the IH main contract basis was - 4.7, up 2.4. [2] 3.3 Market Sentiment - **Turnover and Balance**: A - share turnover and margin trading balance increased. A - share turnover was 16,835.56 billion yuan, up 762.89 billion yuan; the margin trading balance was 24,864.54 billion yuan, up 21.43 billion yuan. [2] - **North - bound Trading and Others**: North - bound trading volume decreased, while reverse repurchase operation volume increased. North - bound trading volume was 1797.60 billion yuan, down 500.03 billion yuan; reverse repurchase operation volume was - 2133.0 billion yuan, up 793.0 billion yuan. [2] - **Option Data**: The closing price of the IO at - the - money call option decreased, while that of the put option increased. The closing price of the IO at - the - money call option (2512) was 63.40, down 11.80; the closing price of the IO at - the - money put option (2512) was 44.20, up 5.20. [2] 3.4 Market Strength - Weakness Analysis - **Overall A - shares**: The overall A - share market was weak, with the overall A - share score at 3.40, down 0.10; the technical aspect score was 2.60, down 0.20; the capital aspect score was 4.20, unchanged. [2] 3.5 Industry News - **PMI Data**: In November, China's manufacturing PMI was 49.2%, up 0.2 percentage points from the previous month; non - manufacturing PMI was 49.5%, down 0.6 percentage points; the composite PMI output index was 49.7%, down 0.3 percentage points. [2] - **Stock Market Performance**: A - share major indices closed down. The Shanghai Composite Index fell 0.51%, the Shenzhen Component Index fell 0.78%, and the ChiNext Index fell 1.12%. Most industry sectors declined, with media and computer sectors weakening significantly, and transportation and non - ferrous metals sectors leading the gains. [2] 3.6 Key Data to Watch - On December 3 at 21:15, the US November ADP employment data; on December 4 at 20:30, the US November Challenger job - cut data; at 21:30, the US initial jobless claims for the week of November 29; on December 5 at 23:00, the US November PCE and core PCE data. [3]

数据来源第三方，观点仅供参考。市场有风险，投资需谨慎！ 备注：HC：热轧卷板 研究员: 蔡跃辉 期货从业资格号F0251444 期货投资咨询从业证书号Z0013101 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任 自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有，未经书面许可，任 何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引 用、删节和修改。 热轧卷板产业链日报 2025/12/2 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | HC 主力合约收盘价(元/吨) | 3,322 | +2↑ HC 主力合约持仓量(手) | 892086 | +72362↑ | | 期货市场 | HC 合约前20名净持仓(手) | -88,512 | -6917↓ HC1-5合约 ...

白糖产业日报 2025-12-02 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 一定冲击，但价格相对坚挺，给与广西糖价一定支撑。另外市场前期利空基本消化，悲观情绪有所缓和， 研究员: 王翠冰 期货从业资格号F03139616 期货投资咨询从业证书号Z0021556 预计后市糖价震荡为主。 免责声明 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:白糖(日,元/吨) | 5382 | -23 主力合约持仓量:白糖(日,手) | 338486 | -12087 | | | 仓单数量:白糖(日,张) | 0 | ...