数据来源于第三方，观点仅供参考。市场有风险，投资需谨慎！ 走高而远月下跌，市场表现相对分化，短线参与为主。 研究员: 许方莉 期货从业资格号F3073708 期货投资咨询从业证书号Z0017638 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。 鸡蛋产业日报 2026-02-24 | 项目类别 | 数据指标 环比 | 最新 | 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 3253 | 2 期货前20名持仓:净买单量:鸡蛋(日,手) | -2757 | 10082 | | 期货市场 | 克) 鸡蛋期货月间价差(5-9):(日 ...

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 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:红枣(日,元/吨) | 8845 | 0 主力合约持仓量:红枣(日,手) | 106193 | 4178 103 | | | 期货前20名持仓:净买单量:红枣(日,手) | -15493 | -89 仓单数量:红枣(日,张) | 3869 | | | | 有效仓单预报:红枣:小计(日,张) | 352 | -103 | | | | 现货市场 | 喀什红枣统货价格(日,元/公斤) | 6.5 | 0 河北一级灰枣批发价格(日,元/斤) | 3.95 | 0 | | | 阿拉尔红枣统货价格(日,元/公斤) | 5.65 | 0 河南一级灰枣批发价格(日,元/斤) | 4.15 | 0 | | | 阿克苏红枣统货价格(日,单位:元/公斤) | 5.15 | 0 河南红枣特级价格(元/公斤) | 9.5 | 0 | | | ...

焦煤焦炭产业日报 2026/2/24 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | JM主力合约收盘价（日，元/吨） | 1101.50 | -19.50↓ J主力合约收盘价（日，元/吨） | 1634.50 | -47.50↓ | | 期货市场 | JM期货合约持仓量（日，手） | 618649.00 | +59240.00↑ J期货合约持仓量（日，手） | 42699.00 | +4340.00↑ | | | 焦煤前20名合约净持仓（日，手） | -80137.00 | +1686.00↑ 焦炭前20名合约净持仓（日，手） | 56.00 | -57.00↓ | | | JM9-5月合约价差（日，元/吨） | 83.00 | +2.50↑ J9-5月合约价差（日，元/吨） | 72.00 | +3.00↑ | | | 焦煤仓单（日，张） | 400.00 | -300.00↓ 焦炭仓单（日，张） | 1420.00 | 0.00 | | | 干其毛都蒙5原煤（日，元/吨） | 1015. ...

临阶段性消费淡季，糖价依旧保持弱势可能。不过短期受国际原糖价格反弹提振，节后开盘糖价表现相对 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 期货主力合约收盘价:白糖(日,元/吨) | 5229 | 18 主力合约持仓量:白糖(日,手) | 431165 | 10907 | | 期货市场 | 仓单数量:白糖(日,张) | 14461 | 0 期货前20名持仓:净买单量:白糖(日,手) | -69236 | -6782 | | | 有效仓单预报:白糖:小计(日,张) | 717 | 0 | | | | | 进口加工估算价(配额内):巴西糖(日,元/ | 3866 | 96 进口加工估算价(配额内):泰国糖(日,元/ | 3805 | 96 | | 吨) 现货市场 | | | 吨) | | 126 | | | 进口巴糖估算价(配额外,50%关税)(日,元 | 4891 | 126 进口泰糖估算价(配额外,50%关税)(日,元 | 4811 | | | | /吨) 云南昆明白糖现货价格(日,元/吨) ...

菜籽系产业日报 2026-02-24 期至3月9日，延期是由于案件复杂。中加贸易局势仍未完全明朗化，短期内继续牵制菜籽的商业买船，菜油供应端压力仍相对有限 研究员: 许方莉 期货从业资格号F3073708 期货投资咨询从业证书号Z0017638 。盘面来看，在外围油脂走强提振下，节后国内菜油高开偏强震荡，呈现补涨态势。 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。 求淡季，菜粕需求以刚性为主。盘面来看，今日菜粕震荡略有收跌，短线交易为主。 | | 加拿大农业部表示，2026/27年度油菜籽产量预计为1920万吨，低于上年的2180万吨。期末库存165万吨，低于上年的275万吨。 | | --- | --- | | 菜油观点总 | 其供需格局有望 ...

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 场对节后传统旺季预期。总体上，美棉价格上涨的同时，预计新疆植棉面积调控下降，提振国内棉市，预 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 棉花(纱)产业日报 2026-02-24 计棉价震荡偏强运行。关注宏观消息影响。 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 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 郑棉主力合约收盘价(日,元/吨) | 15285 | 545 棉纱主力合约收盘价(日,元/吨) | 21270 | 740 | | | 棉花期货前20名净持仓(手) | -132402 | -19350 棉纱期货前20名净持仓(手) | ...

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints of the Report - This week, the US employment data significantly exceeded market expectations, suppressing the mid - year Fed rate - cut expectation. The first rate cut this year is postponed to the July FOMC meeting, causing a marginal weakening of market risk appetite and a collective oscillating correction in the precious metals market. The short - term trend of platinum and palladium may follow that of gold and silver. The core variable lies in the balance between the subsequent inflation rebound risk and the cooling trend of the employment market. If the slowdown in employment and inflation is further verified, platinum and palladium still have room to rise under the boost of their financial attributes [7]. - The EU's official postponement of the 2035 internal combustion engine ban at the end of last year and the simultaneous strengthening of vehicle exhaust emission standards have led to higher platinum loading intensity. Although the global passenger car sales have been moderately revised down due to recession concerns, the increasing penetration rate of hybrid and hydrogen - fuel - cell commercial vehicles may improve the medium - to - long - term demand curve for platinum. In the medium - to - long - term, the industrial fundamentals of platinum and palladium still dominate the trading rhythm. The uncertainty of South Africa's power supply and Russia's exports, combined with the implementation of the new vehicle emission policy, make platinum more resilient than palladium. The differentiation in the supply - demand pattern may continue to drive the "platinum - strong, palladium - weak" market [7]. 3. Summary by Relevant Catalogs 3.1 Week - to - Week Highlights Summary - The US January non - farm payrolls data showed an unexpected increase, but last year's data was also unexpectedly revised down, intensifying market divergence in interpreting the non - farm data. Fed officials still have differences in their recent statements, with some re - emphasizing the risk of inflation rebound. They will continue to follow a data - dependent path [7]. - The short - term trend of platinum and palladium may follow that of gold and silver. If the slowdown in employment and inflation is further verified, they have room to rise under financial - attribute support [7]. - The EU's new policies and the development of new - energy commercial vehicles may improve platinum's medium - to - long - term demand. The "platinum - strong, palladium - weak" market may continue due to the supply - demand pattern [7]. - The London platinum is expected to face resistance at $2200 and support at $2000; the London palladium may face resistance at $1800 and support at $1600. The Guangzhou Futures Exchange's platinum 2606 contract may trade in the range of 460 - 600 yuan/gram, and the palladium 2606 contract may trade in the range of 400 - 460 yuan/gram [7]. 3.2 Futures and Spot Markets - This week, the main platinum and palladium contracts on the Guangzhou Futures Exchange oscillated within a range. As of February 13, 2026, the palladium 2606 contract was at 416.80 yuan/gram, up 1.53% week - on - week; the platinum 2606 contract was at 523.80 yuan/gram, up 3.52% week - on - week [8][12]. - The net long positions of NYMEX platinum and palladium continued to diverge. As of February 3, 2026, the net long position of NYMEX platinum was 20,207 contracts, down 8.26% month - on - month; the net long position of NYMEX palladium was - 2,307 contracts, up 18.77% month - on - month [13][17]. - This week, the basis of the main platinum and palladium contracts on the Guangzhou Futures Exchange and the NYMEX weakened. As of February 12, 2026, the basis of the Guangzhou Futures Exchange's platinum contract was - 3.86 yuan/gram, and the palladium contract was - 20.05 yuan/gram; the NYMEX platinum basis was - 22.30 dollars/ounce, and the palladium basis was 52.50 dollars/ounce, showing a week - on - week weakening [18][20][27]. - This week, the NYMEX platinum and palladium inventories both decreased. As of February 12, 2026, the NYMEX platinum inventory was 583,369.21 ounces, down 9.76% month - on - month; the palladium inventory was 186,863.10 ounces, down 2.10% month - on - month [28][32]. - Platinum and gold prices showed a strong synchronicity, with platinum price fluctuations being more significant. The gold - platinum ratio declined this week [33]. 3.3 Industry Supply and Demand Situation - As of December 2025, the import and export volumes of platinum and palladium both increased [39]. - Since 2023, the demand for platinum and palladium in vehicle exhaust catalysts has been declining year by year. The total global demand for platinum and palladium has shown a mild slowdown [45][50]. - Due to geopolitical conflicts and power - supply disturbances, the global supply of platinum and palladium has decreased [55]. - The price differences between the domestic and foreign markets of platinum and palladium have shown a converging trend [59]. 3.4 Macroeconomic Data - This week, the US dollar index weakened slightly, and the 10 - year US Treasury real yield fell nearly 4% [63]. - This week, the 10Y - 2Y US Treasury yield spread narrowed, the CBOE gold volatility declined, and the S&P 500/London gold price ratio declined [67].

瑞达期货研究院 「2026.2.13」 股指期货周报 作者：廖宏斌 期货从业资格号F30825507 期货投资咨询证号：Z0020723 联系电话：4008-8787-66 关 注 我 们 获 取 更 多 资 讯 业务咨询 添加客服 目录 1、行情回顾 2、消息面概览 3、周度市场数据 4、行情展望与策略 「摘要」 • 周度观点：A股主要指数本周集体上涨，科创50涨幅最大超3%。四期指表现分化，中小盘股 强于大盘蓝筹股，从涨幅看IM>IC>IF>IH。本周为春节假期前最后一个交易周，周一受上周 美股科技股反弹影响，股指跳空高开；周二至周四，除1月通胀数据外，市场消息面平淡， 股指呈现整理态势；周五，受到即将到来的春节假期影响，投资者情绪较为谨慎，多持观望 态度，股指回落，尾盘加速下行。本周，市场成交活跃度较上周进一步回落。 3 来源：瑞达期货研究院 1、行情回顾 2020.06.30 厦门 「行情回顾」 | 期货 | 合约名称 | 周涨跌幅% | 周五涨跌幅% | 收盘价 | | --- | --- | --- | --- | --- | | | IF2603 | -0.23 | -1.92 | 4627.0 ...

瑞达期货研究院 「2026.2.13」 铁矿石市场周报 供应宽松+信心不足 铁矿期价重心下移 研究员：蔡跃辉 添加客服 期货从业资格号F0251444 期货投资咨询从业证书号Z0013101 关 注 我 们 获 取 更 多 资 讯 业务咨询 目录 目录 1、周度要点小结 2、期现市场 3、产业情况 1、周度要点小结 2、期现市场 3、产业情况 4、期权市场 「周度要点小结1」 行情回顾 万吨。澳洲巴西铁矿发运总量1948.9万吨，环比减少572.1万吨。 3 来源：瑞达期货研究院 「 期现市场情况」 本周期货价格震荡下行 图1、铁矿石主力合约收盘及持仓量 1. 价格：截至2月13日收盘，铁矿主力合约期价为746（-14.5）元/吨，青岛港60.8%PB粉矿803（-12）元/干吨。 2. 发运：全球铁矿石发运总量环比-559.3万吨。2026年2月2日-2月8日Mysteel全球铁矿石发运总量2535.3万吨，环比减少559.3 3. 到港：本期47港到港量-213.6万吨。2026年02月02日-02月08日中国47港到港总量2455.6万吨，环比减少213.6万吨；中国45港 到港总量2361.3万吨，环 ...

瑞达期货研究院 「2026.02.13」 苹果市场周报 研究员：王翠冰 期货从业资格号F03139616 期货投资咨询从业证Z0021556 关 注 微信服 务 号 业务咨询 添加客服 「 周度要点小结」 未来交易提示： 1、水果价格2、消费 2 目录 1、周度要点小结 2、期现市场 3、产业情况及期权 4、期股关联 「 期货市场情况」 行情回顾：本周苹果期货2605合约价格上涨，周度涨幅3.15%。 行情展望：产区苹果集中打包发运，礼盒及框装货源走货尚可。据Mysteel统计， 截至2026年2月12日，全国主产区苹果冷库库存量为588.15万吨，环比上周减少 31.65万吨，去库速度环比略慢。山东产区库容比为45.07%，较上周减少1.98%， 陕西产区库容比为46.74%，较上周减少2.08%，山东产区整体发运量仍较多，礼 品盒、筐装货源继续发往市场，小单车及外贸渠道要货增加。陕西整体出货略显 一般。周内库内客商倾向于包装自存货源发市场，果农货仍以高次、低价货源走 货为主，通货成交仍显清淡。销区积压库存较多，销售压力明显，柑橘类竞品水 果替代持续。长假在即，短期注意风险控制。 本周苹果期货2605合约价 ...