Yong An Qi Huo

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永安期货甲醇聚烯烃早报-20250630
Yong An Qi Huo· 2025-06-30 05:38
Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Report's Core View - For methanol, the high imports are starting to materialize, inventory accumulation has begun, and the futures price is undervalued. It is in a period of bearish factor realization. With macro - instability and weak methanol prices in Europe and the United States, the unilateral direction is hard to determine. Given the low valuation, it is advisable to consider buying at low prices [2]. - For plastics, the overall inventory of polyethylene is neutral. The 09 basis is around 0 in North China and +120 in East China. The import profit is around -400 with no further increase for now. The non - standard HD injection price is stable, and the LD is weakening. In June, the domestic linear production is increasing. Attention should be paid to the LL - HD conversion and new device commissioning [7]. - For PP, the upstream and mid - stream inventories of polypropylene are decreasing. The basis is +100, the non - standard price difference is neutral, and the import profit is around -500. Exports have been good this year. The PDH profit is around -1000. The supply in June is expected to increase slightly, and the 09 contract is under moderate to excessive pressure under the background of over - capacity [7]. - For PVC, the basis has strengthened. The downstream has a strong willingness to hold goods at low prices. The mid - upstream inventories are continuously decreasing. Attention should be paid to new device commissioning, export sustainability, coal prices, and other factors. The PVC comprehensive profit is -500, and the static inventory is decreasing from a high level [11]. 3. Summary by Related Catalogs Methanol - **Price Data**: From June 23 to June 27, 2025, the Jiangsu spot price increased from 2735 to 2820, with a daily increase of 60 on the 27th. The import profit increased from 210 to 267, and the futures MTO profit increased from -1350 to -1176 [2]. - **Market Situation**: High imports are being realized, inventory accumulation has started, and the futures price is undervalued. Iran has reduced its production, non - Iranian supply has increased, and the domestic supply has also increased. The market is in a bearish factor realization period [2]. Plastics - **Price Data**: From June 23 to June 27, 2025, the Northeast Asian ethylene price remained at 850 on the 27th. The import profit remained at -77, and the two - oil inventory decreased from 81 to 70 [7]. - **Market Situation**: The overall inventory of polyethylene is neutral. The 09 basis is around 0 in North China and +120 in East China. The import profit is around -400 with no further increase. The non - standard HD injection price is stable, and the LD is weakening. In June, the domestic linear production is increasing [7]. PP - **Price Data**: From June 23 to June 27, 2025, the Shandong propylene price decreased from 6890 to 6700, and the export profit remained at -14. The two - oil inventory decreased from 81 to 70 [7]. - **Market Situation**: The upstream and mid - stream inventories of polypropylene are decreasing. The basis is +100, the non - standard price difference is neutral, and the import profit is around -500. Exports have been good this year. The PDH profit is around -1000, and the supply in June is expected to increase slightly [7]. PVC - **Price Data**: From June 23 to June 27, 2025, the East China calcium carbide - based PVC price increased from 4850 to 4850 (with a 50 increase on the 25th). The export profit remained at 626, and the basis (high - end delivery product) increased from -90 to -80 [10][11]. - **Market Situation**: The basis has strengthened, the downstream has a strong willingness to hold goods at low prices, and the mid - upstream inventories are continuously decreasing. Attention should be paid to new device commissioning, export sustainability, coal prices, and other factors. The PVC comprehensive profit is -500, and the static inventory is decreasing from a high level [11].
永安期货天气早报-20250630
Yong An Qi Huo· 2025-06-30 05:33
Group 1: US Soybean and Corn Regions - Past 60 - day actual cumulative precipitation and temperature in the national产区 [2][18] - Forecasted precipitation in the national产区 [5] - Forecasted temperature in the national产区 [8] - Past 60 - day actual cumulative precipitation in Iowa, Illinois, Minnesota, Indiana, Nebraska [11] - Forecasted precipitation in Iowa, Illinois, Minnesota, Indiana, Nebraska [13] - Past 60 - day actual temperature in Iowa, Illinois, Minnesota, Indiana, Nebraska [15] - Forecasted temperature in Iowa, Illinois, Minnesota, Indiana, Nebraska [17] Group 2: Brazilian Soybean and Corn Regions - Forecasted precipitation in the national产区 of soybean and corn [21] - Forecasted temperature in the national产区 of soybean and corn [24] - Past 60 - day actual cumulative precipitation in Mato Grosso (26%), Parana (15%), Rio Grande do Sul (14%), Goias (10%), Mato Grosso do Sul (8%) [28] - Forecasted precipitation in Mato Grosso (26%), Parana (15%), Rio Grande do Sul (14%), Goias (10%), Mato Grosso do Sul (8%) [30] - Past 60 - day actual temperature in Mato Grosso (26%), Parana (15%), Rio Grande do Sul (14%), Goias (10%), Mato Grosso do Sul (8%) [33] - Forecasted temperature in Mato Grosso (26%), Parana (15%), Rio Grande do Sul (14%), Goias (10%), Mato Grosso do Sul (8%) [41] Group 3: Argentine Soybean and Corn Regions - Forecasted precipitation in the national产区 of soybean and corn [46] - Forecasted temperature in the national产区 of soybean and corn [49] - Past 60 - day actual cumulative precipitation in Buenos Aires (31%), Cordoba (28%), Santa Fe (19%), Santiago del Estero (6%), Entre Rios [53] - Forecasted precipitation in Buenos Aires (31%), Cordoba (28%), Santa Fe (19%), Santiago del Estero (6%), Entre Rios [56] - Past 60 - day actual temperature in Buenos Aires (31%), Cordoba (28%), Santa Fe (19%), Santiago del Estero (6%), Entre Rios [58] - Forecasted temperature in Buenos Aires (31%), Cordoba (28%), Santa Fe (19%), Santiago del Estero (6%), Entre Rios [60] Group 4: Canadian Rapeseed Regions - Past 60 - day actual cumulative precipitation and temperature [61] - Forecasted precipitation in the national产区 [65] - Forecasted temperature in the national产区 [70] Group 5: Other Regions' Weather - US overall weather: First - week and second - week precipitation anomalies [75] - Australian weather: First - week cumulative precipitation [76] - Australian cotton main - region reservoir storage chart [79] - Indian weather: First - week precipitation anomaly [87], actual precipitation, monsoon trend [91][92] - Southeast Asian weather [93] - Chinese weather: Maximum and minimum temperatures in the next 3 days, 3 - day and 10 - day precipitation forecasts [99][100][102]
永安期货纸浆早报-20250630
Yong An Qi Huo· 2025-06-30 05:33
Report Summary 1. Report Industry Investment Rating - No information provided on the industry investment rating. 2. Core View - No clear core view presented in the provided content. 3. Summary by Relevant Catalogs SP Main Contract Closing Price - On June 27, 2025, the SP main contract closing price was 5096.00, with a 0.59218% increase from the previous day. The closing prices from June 23 - 26 were 5278.00, 5136.00, 5070.00, and 5066.00 respectively, with corresponding daily changes of 3.08594%, -2.69041%, -1.28505%, and -0.07890% [3]. - The converted US - dollar prices on June 23 - 27 were 641.38, 624.56, 617.01, 616.77, and 620.42 respectively [3]. - The Shandong Yinxing basis on June 23 - 27 was 812, 914, 930, 924, and 894 respectively; the Jiangsu - Zhejiang - Shanghai Yinxing basis was 832, 929, 955, 944, and 914 respectively [3]. Import Profit and Price Information - With a 13% VAT calculation, for Canadian pulp, the import profit of Golden Lion (CFR) was 210.36, and that of Lion (CFR) was - 374.53. For Chilean pulp, the import profit of Yinxing (CFR, 90 - day letter of credit) was - 75.55 [4]. - The port US - dollar prices of Golden Lion, Lion, and Yinxing were 780, 730, and 740 respectively, and the Shandong region RMB prices were 6600, 5610, and 5990 respectively [4]. Pulp and Paper Price Averages - From June 23 - 27, 2025, the national average prices of softwood pulp, hardwood pulp, natural pulp, and chemimechanical pulp remained unchanged at 6073.75, 4810.75, 5415.00, and 3686.25 respectively. The Shandong region average prices also remained unchanged [4]. - For paper products, from June 24 - 27, the cultural paper (double - offset index, double - copper index), packaging paper (white - card index), and the change values were all 0. The life - paper index changed from 839 on June 24 to 831 on June 25 and 26, then back to 839 on June 27, with a net change of 0 [4]. Profit Margin Estimation - The estimated profit margins of double - offset paper on June 24 - 27 were 8.8427%, 9.2155%, 9.5184%, and 9.5184% respectively; for double - copper paper, they were 23.5841%, 23.8925%, 24.1308%, and 24.1308% respectively; for white - card paper, they were - 9.8922%, - 9.6287%, - 9.4252%, and - 9.4252% respectively; for life - paper, they were 10.3465%, 9.3041%, 9.6861%, and 9.6861% respectively [4]. Price Spreads - From June 23 - 27, the softwood - hardwood price spread was 1990, 1960, 1935, 1950, and 1950 respectively; the softwood - natural price spread was 690, 650, 600, 590, and 590 respectively; the softwood - chemimechanical price spread was 2340, 2300, 2250, 2240, and 2240 respectively; the softwood - waste paper price spread was 4514, 4474, 4424, 4414, and 4414 respectively [4].
焦煤日报-20250630
Yong An Qi Huo· 2025-06-30 05:26
Report Information - Report Title: Coking Coal Daily Report - Research Team: Black Team of the Research Center - Date: June 30, 2025 [1] Price and Inventory Data Coal Prices - **Domestic Coking Coal**: The latest price of Liulin Main Coking Coal is 1113.00, with no daily change, a weekly increase of 13.00, a monthly decrease of 37.00, and an annual decrease of 36.40%. The price of Anze Main Coking Coal is 1170.00, with no daily or weekly change, a monthly decrease of 30.00, and an annual decrease of 38.42% [2]. - **Imported Coking Coal**: The latest price of Peak Downs is 188.00, with no daily change, a weekly decrease of 1.00, a monthly decrease of 19.00, and an annual decrease of 84.50. The price of Goonyella is 192.00, with no daily change, a weekly decrease of 1.00, a monthly decrease of 16.00, and an annual decrease of 80.50 [2]. - **Port and Warehouse Prices**: The latest price of Raw Coal Port Warehouse Pick - up Price is 731.00, with a daily increase of 7.00, a weekly increase of 13.00, a monthly decrease of 2.00, and an annual decrease of 45.04%. The price of Shaheyi Meng 5 is 1060.00, with no daily change, a weekly decrease of 20.00, a monthly decrease of 80.00, and an annual decrease of 41.11% [2]. Futures Prices - **Futures Contracts**: The latest price of Futures Contract 05 is 873.00, with a daily increase of 14.50, a weekly increase of 28.00, a monthly increase of 55.00, and an annual decrease of 48.28%. The price of Futures Contract 09 is 808.00, with a daily increase of 17.00, a weekly increase of 11.00, a monthly increase of 17.50, and an annual decrease of 47.45% [2]. Inventory Data - **Total Inventory**: The total coking coal inventory is 3939.89, with a weekly decrease of 105.51, a monthly decrease of 136.05, and an annual increase of 17.68% [2]. - **Sub - inventories**: Coal mine inventory is 463.09, with a weekly decrease of 36.06, a monthly decrease of 9.94, and an annual increase of 61.38%. Port inventory is 303.31, with a weekly decrease of 8.71, a monthly increase of 1.75, and an annual increase of 29.34%. Steel mill coking coal inventory is 774.66, with a weekly increase of 0.68, a monthly decrease of 24.09, and an annual increase of 2.70%. Coking plant coking coal inventory is 795.79, with a weekly decrease of 2.28, a monthly decrease of 69.94, and an annual decrease of 13.69% [2] Other Data - **Coking Capacity Utilization**: The latest coking capacity utilization rate is 73.35, with a weekly decrease of 0.22, a monthly decrease of 2.31, and an annual increase of 0.53% [2]. - **Coking Coke Inventory**: The latest coking coke inventory is 87.46, with a weekly increase of 0.07, a monthly increase of 0.16, and an annual increase of 0.18% [2]. - **Futures Basis and Spread**: The 05 basis is - 137.90, with a daily decrease of 14.50, a weekly decrease of 17.80, a monthly decrease of 113.16, and an annual increase of 78.27. The 5 - 9 spread is 65.00, with a daily decrease of 2.50, a weekly increase of 17.00, a monthly increase of 37.50, and an annual decrease of 0.57 [2]
永安期货有色早报-20250630
Yong An Qi Huo· 2025-06-30 05:19
Report Industry Investment Rating No relevant content provided. Core Viewpoints - The copper market is in a tight balance with low inventory and a high risk of squeezing. After the S232 investigation results are released, the market logic may reverse [1]. - The aluminum market has a short - term stable fundamental situation, with supply and demand expected to be balanced in July. Attention should be paid to demand and low - inventory arbitrage opportunities [1]. - The zinc market maintains a short - selling strategy, and the long - short spread between domestic and foreign markets can be held [2]. - For nickel, continue to focus on the opportunity of narrowing the nickel - stainless steel price ratio [4]. - The stainless - steel market is expected to be weak and volatile in the short term [5]. - The lead market is expected to fluctuate between 16,800 - 17,300 next week, with a slight decrease in supply and weak demand in July [7]. - The tin market can hold long positions cautiously in the short term and focus on short - selling opportunities after the maintenance period in the medium - to - long term [10]. - The industrial silicon market is expected to be strong in the short term and will be mainly based on the bottom operation of the cash - flow cost of leading manufacturers in the medium - to - long term [13]. - The lithium carbonate market is expected to continue to face supply surplus and price pressure next week, but the "anti - involution" competition policy may affect sentiment [15]. Summary by Metal Copper - **Price and Inventory Changes**: From June 23 - 27, the Shanghai copper spot price increased by 45, the LME inventory decreased by 1,800 tons, and the LME cash - 3M spread changed significantly [1]. - **Market Situation**: The S232 investigation on copper is pending. The US has siphoned a large amount of electrolytic copper, leading to low inventory and a high risk of squeezing. After the investigation results are released, the market logic may change [1]. Aluminum - **Price and Inventory Changes**: From June 23 - 27, the Shanghai aluminum ingot price increased by 280, and the social inventory remained stable [1]. - **Market Situation**: Supply increased slightly in 1 - 5 months. Demand is expected to weaken seasonally in July. The market is in a balanced state in terms of supply and demand, and attention should be paid to low - inventory arbitrage opportunities [1]. Zinc - **Price and Inventory Changes**: This week, the zinc price fluctuated upward. The domestic TC increased by 200 yuan/ton, and the import TC increased by 10 dollars/dry ton. The LME inventory decreased by 625 tons [2]. - **Market Situation**: The supply is expected to increase in July. The domestic demand is seasonally weak, and the overseas demand is also weak. The short - selling strategy remains unchanged, and the long - short spread between domestic and foreign markets can be held [2]. Nickel - **Price and Inventory Changes**: From June 23 - 27, the Shanghai nickel spot price increased by 450, and the LME inventory increased by 78 tons [4]. - **Market Situation**: The supply of pure nickel remains high, and the demand is weak. The inventory in overseas nickel plates is stable, and the domestic inventory decreases slightly. Continue to focus on the opportunity of narrowing the nickel - stainless steel price ratio [4]. Stainless Steel - **Price and Inventory Changes**: The price of waste stainless steel remained stable from June 23 - 27. The inventory in Xijiao and Foshan increased slightly, and the exchange warehouse receipts decreased [5]. - **Market Situation**: The supply decreased due to production cuts in some steel mills since late May. The demand is mainly for rigid needs. The market is expected to be weak and volatile in the short term [5]. Lead - **Price and Inventory Changes**: This week, the lead price rebounded from a low level. The LME inventory increased by 175 tons [7]. - **Market Situation**: The supply side has some problems, and the demand side is weak. The price is expected to fluctuate between 16,800 - 17,300 next week, and there is a risk of a price - support cycle if the price remains above 17,200 [7]. Tin - **Price and Inventory Changes**: This week, the tin price fluctuated upward. The LME inventory increased by 60 tons [10]. - **Market Situation**: The supply is affected by the situation in Myanmar, and the demand is weak. The market is expected to be in a state of weak supply and demand in the first half of the year. Cautiously hold long positions in the short term and focus on short - selling opportunities in the medium - to - long term [10]. Industrial Silicon - **Price and Inventory Changes**: The base difference strengthened, and the warehouse receipts decreased. The production of leading enterprises decreased significantly, and the market is expected to shift from inventory accumulation to inventory reduction [13]. - **Market Situation**: The production of leading enterprises decreased significantly, and the market is expected to be strong in the short term. In the medium - to - long term, it will be mainly based on the bottom operation of the cash - flow cost of leading manufacturers [13]. Lithium Carbonate - **Price and Inventory Changes**: This week, the lithium carbonate price increased due to sentiment speculation. The base difference weakened, and the registered warehouse receipts decreased [15]. - **Market Situation**: The supply is expected to continue to be in surplus next week, and the price is under pressure. However, the "anti - involution" competition policy may affect sentiment [15].
永安期货铁合金早报-20250630
Yong An Qi Huo· 2025-06-30 05:18
Report Industry Investment Rating - Not provided in the content Core Viewpoints - Not provided in the content Summary by Relevant Catalogs Price - For silicon ferroalloy, on June 30, 2025, the latest price of Ningxia 72 silicon ferroalloy natural block was 5130, with a weekly increase of 30; the latest price of Inner Mongolia 72 was 5150, with a weekly increase of 50; the export price of Tianjin 72 was 1020 US dollars, with a weekly decrease of 20 [2]. - For silicon - manganese alloy, on June 30, 2025, the latest price of Inner Mongolia 6517 silicon - manganese alloy at the production area was 5550, with a daily increase of 30 and a weekly increase of 50; the latest price of Ningxia 6517 was 5500, with a daily increase of 30 and a weekly increase of 100 [2]. Supply - The production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including monthly production, weekly production (with a capacity share of 95%), and monthly capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [4]. - The production data of silicon - manganese alloy in China from 2021 - 2025 are presented, including weekly production and the purchase volume and price of Hebei Iron and Steel Group [7]. Demand - The demand - related data of silicon ferroalloy and silicon - manganese alloy in China from 2021 - 2025 are presented, such as the estimated and actual production of crude steel, the production and price of metal magnesium, the export volume of silicon ferroalloy, and the demand for silicon - manganese alloy [4][5][8]. Inventory - The inventory data of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including weekly inventory in China, Ningxia, Inner Mongolia, and Shaanxi, as well as the number of warehouse receipts and effective forecasts [6]. - The inventory data of silicon - manganese alloy from 2021 - 2025 are presented, including the number of warehouse receipts, effective forecasts, and the inventory of 63 sample enterprises in China [8]. Cost and Profit - The cost - profit - related data of silicon ferroalloy from 2021 - 2025 are presented, such as electricity prices in different regions, the market price and production profit of semi - coke, and the production cost and profit of silicon ferroalloy in Ningxia and Inner Mongolia [6]. - The cost - profit - related data of silicon - manganese alloy from 2021 - 2025 are presented, including the prices of raw materials such as chemical coke and manganese ore, and the profit of silicon - manganese alloy in Inner Mongolia, Guangxi, and other regions [7][8].
原油成品油早报-20250630
Yong An Qi Huo· 2025-06-30 05:14
Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - With the geopolitical risk premium related to the tense situation in the Middle East fading, oil prices dropped significantly this week. The market has shifted its focus to OPEC+'s production policy and Trump's decision on reciprocal tariffs, and the US will hold talks with Iran next week. Fundamentally, global oil products were destocked in late June, with the destocking rate slightly exceeding expectations. The US commercial crude oil inventory decreased by 583,600 barrels per day in the week of June 20th, reaching the lowest level in the same period in history. The WTI fundamentals are positive. However, OPEC+ is preparing to significantly increase production by 414,000 barrels per day in August, and the non-OPEC production is expected to accelerate in the fourth quarter. Therefore, the upside potential of absolute prices is limited, and a positive spread trading strategy is recommended for the price difference. Attention should be paid to the impact of tariff policies on absolute prices [5][6] Group 3: Summary by Relevant Catalogs 1. Daily News - Iran's military stated that if aggression occurs again, Iran will launch a stronger counterattack [3] - OPEC+ is preparing to significantly increase production again in August, and Russia's attitude towards production increase has changed [4] - The US Energy Secretary evaded the question of "maximum pressure" on Iran and focused on reaching a peace agreement [4] - US President Trump said that if Iran can achieve peace, the sanctions on Iran will be lifted [5] 2. Regional Fundamentals - In the week of June 20th, US crude oil exports decreased by 91,000 barrels per day to 4.27 million barrels per day, while domestic production increased by 400 barrels to 13.435 million barrels per day. The commercial crude oil inventory excluding strategic reserves decreased by 5.836 million barrels to 415 million barrels, a decrease of 1.39%. The strategic petroleum reserve inventory increased by 237,000 barrels to 402.5 million barrels, an increase of 0.06%. The import of commercial crude oil excluding strategic reserves was 5.944 million barrels per day, an increase of 440,000 barrels per day compared to the previous week [5] - This week, the operating rate of major refineries in China increased, while that of Shandong local refineries decreased. The production of gasoline and diesel in China increased, with the production of major refineries increasing and that of independent refineries decreasing. The sales-to-production ratios of gasoline and diesel in local refineries increased. Gasoline and diesel inventories accumulated this week. The comprehensive profit of major refineries rebounded, and that of local refineries improved [5] 3. Weekly Viewpoints - As the geopolitical risk premium related to the Middle East tension fades, oil prices dropped significantly this week. The market is now focused on OPEC+'s production policy and Trump's decision on reciprocal tariffs, and the US will hold talks with Iran next week. Fundamentally, global oil products were destocked in late June, with the destocking rate slightly exceeding expectations. The US commercial crude oil inventory decreased by 583,600 barrels per day in the week of June 20th, reaching the lowest level in the same period in history. The WTI fundamentals are positive. However, OPEC+ is preparing to significantly increase production by 414,000 barrels per day in August, and the non-OPEC production is expected to accelerate in the fourth quarter. Therefore, the upside potential of absolute prices is limited, and a positive spread trading strategy is recommended for the price difference. Attention should be paid to the impact of tariff policies on absolute prices [5][6]
大类资产早报-20250630
Yong An Qi Huo· 2025-06-30 05:14
Report Summary 1. Report Industry Investment Rating - No information provided in the given content. 2. Core View of the Report - No clear core view is presented in the provided documents. The content mainly consists of data on global asset markets, including bond yields, exchange rates, stock indices, and futures trading data. 3. Summary by Relevant Catalogs Global Asset Market Performance - **10 - Year Treasury Yields**: On June 27, 2025, the 10 - year Treasury yields of major economies varied. For example, the US was 4.279%, the UK was 4.503%, and China was 1.646%. There were different changes in the latest, one - week, one - month, and one - year periods. For instance, the US had a latest change of 0.036, a one - week change of - 0.099, a one - month change of - 0.141, and a one - year change of 0.055 [2]. - **2 - Year Treasury Yields**: The 2 - year Treasury yields also showed differences among major economies on June 27, 2025. The US was 3.740, the UK was 3.835, etc. Changes in different time periods were also provided, such as the US having a latest change of - 0.010, a one - week change of - 0.200, a one - month change of - 0.200, and a one - year change of - 1.010 [2]. - **Exchange Rates**: The US dollar exchange rates against major emerging economies' currencies had various changes. For example, against the Brazilian real, it was 5.487 on June 27, 2025, with a latest change of - 0.05%, a one - week change of - 0.49%, a one - month change of - 3.19%, and a one - year change of 0.95%. The RMB also had different changes in on - shore, off - shore, and other aspects [2]. - **Stock Indices**: Major economies' stock indices had different closing prices and changes on June 27, 2025. The Dow Jones was 6173.070, the S&P 500 was 43819.270, etc. Changes in the latest, one - week, one - month, and one - year periods were also presented. For example, the S&P 500 had a latest change of 1.00%, a one - week change of 3.82%, a one - month change of 3.80% [2]. - **Credit Bond Indices**: Different credit bond indices, including emerging economies' investment - grade and high - yield, and US and euro - zone investment - grade and high - yield, had different changes in the latest, one - week, one - month, and one - year periods [2][3]. Stock Index Futures Trading Data - **Index Performance**: The A - share closed at 3424.23 with a - 0.70% change, the CSI 300 closed at 3921.76 with a - 0.61% change, etc. [4] - **Valuation**: The PE (TTM) of the CSI 300 was 13.02 with a - 0.14 change, the PE (TTM) of the S&P 500 was 26.20 with a 0.13 change [4]. - **Risk Premium**: The risk premium of the S&P 500 was - 0.46 with a - 0.05 change, and that of the German DAX was 2.27 with a - 0.10 change [4]. - **Fund Flow**: The latest A - share fund flow was - 459.27, and the 5 - day average was 100.21 [4]. - **Trading Volume**: The latest trading volume of the Shanghai and Shenzhen stock markets was 15411.01 with a - 420.50 change [4]. - **Main Contract Premium/Discount**: The basis of IF was - 45.16 with a - 1.15% change, the basis of IH was - 27.57 with a - 1.02% change, and the basis of IC was - 36.73 with a - 0.63% change [4]. Treasury Futures Trading Data - **Closing Prices and Changes**: The closing price of T00 was 109.045 with a - 0.04% change, the closing price of TF00 was 106.265 with a - 0.02% change, etc. [5] - **Funding Rates**: R001 was 1.4600% with a - 46.00 BP change, R007 was 1.9201% with a 0.00 BP change, and SHIBOR - 3M was 1.6300% with a 0.00 BP change [5]
焦炭日报-20250630
Yong An Qi Huo· 2025-06-30 05:14
焦炭日报 研究中心黑色团队 2025/6/30 | | 最新 | 日变化 | 周变化 | 月变化 | 同比 | 最新 | 日变化 | 周变化 | 月变化 同比 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 山西准一湿熄 | 1153.65 | 0.00 | -54.61 | -129.81 | -40.84% 高炉开工率 | 90.83 | | 0.04 | 0.14 | 1.19% | | 河北准一湿熄 | 1375.00 | 0.00 | -55.00 | -150.00 | -37.21% 铁水日均产量 | 242.29 | | 0.11 | 0.38 | 1.19% | | 山东准一干熄 | 1330.00 | 0.00 | -55.00 | -130.00 | -40.36% 盘面05 | 1484 | 30.50 | 45.00 | 105.00 | -36.81% | | 江苏准一干熄 | 1370.00 | 0.00 | -55.00 | -130.00 | -39.65% 盘面09 | 14 ...
钢材早报-20250630
Yong An Qi Huo· 2025-06-30 05:13
| | | | 钢材早报 | | | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | 研究中心黑色团队 2025/06/30 | | | 现 货 价 格 | | | | | | | | 日期 | 北京螺纹 | 上海螺纹 | 成都螺纹 | 西安螺纹 | 广州螺纹 | 武汉螺纹 | | 2025/06/23 | 3200 | 3070 | 3170 | 3180 | 3150 | 3190 | | 2025/06/24 | 3150 | 3060 | 3150 | 3170 | 3140 | 3180 | | 2025/06/25 | 3150 | 3050 | 3140 | 3150 | 3140 | 3170 | | 2025/06/26 | 3130 | 3050 | 3130 | 3130 | 3130 | 3140 | | 2025/06/27 | 3130 | 3090 | 3170 | 3130 | 3170 | 3190 | | 变化 | 0 | 40 | 40 | 0 | 40 | 50 | | 日期 | 天津热卷 | 上海热卷 ...