新浪期货 根据交易所数据，截至7月14日收盘主力合约碳酸锂2509,涨跌+3.71%,成交量101.46万手，持仓数据显示前20席位呈现净 空，差额头寸为87778手。 2025年7月14日碳酸锂主力合约2509持仓数据一览 | | 名次 会员名称 成交量(双边) | | 壇減 | 会员 | 持买单 | 増減 | 会员 | 持卖单 | 增减 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | J | 中信期货 | 290,246 | 157,017 | 国泰君安期货 | 33,280 | -97 | 国泰君安期货 | 62,538 | 14,317 | | 2 | 国泰君安期货 | 203,638 | 121,406 | 中信期货 | 21,900 | 432 | 中信期货 | 47,919 | 13,288 | | 3 | 走闻期货 | 109,357 | 73,906 | 永安期货 | 13,806 | 3,834 | 广发期货 | 22,189 | 1,698 | | ব | 东证期货 | 107,765 | 48,288 ...

新浪期货 根据交易所数据，截至7月14日收盘主力合约红枣2601,涨跌-2.03%,成交量19.27万手，持仓数据显示前20席位呈现净空， 差额头寸为13650手。 红枣期货全合约总计成交25.46万手，比上一日新增1.15万手。全合约前20席位多头持仓11.36万手，比上一日减少5132手。全合约 前20席位空头持仓13.02万手，比上一日减少3697手。 根据合并数据显示，多头前三席位为国泰君安，总持仓13207、浙商期货，总持仓11345、中信期货，总持仓7952；空头前三席位 为国泰君安，总持仓21281、中信期货，总持仓9431、东证期货，总持仓8695； 主力合约前20席位中，多头增仓前三名分别是：东证期货、持仓3842、增仓350，大地期货、持仓2560、增仓313，银河期货、持 仓3864、增仓221；多头减仓前三名分别是：广发期货、持仓3907、减仓-1155，国泰君安、持仓7129、减仓-1064，中信期货、持 仓4159、减仓-832； 主力合约前20席位中，空头增仓前三名分别是：国泰君安、持仓14621、增仓472，一德期货、持仓3756、增仓322，国联期货、持 仓2005、增仓25 ...

新浪期货 根据交易所数据，截至7月14日收盘主力合约铝2508,涨跌-1.45%,成交量20.86万手，持仓数据显示前20席位呈现净空，差 额头寸为18096手。 铝期货全合约总计成交41.70万手，比上一日新增19.87万手。全合约前20席位多头持仓45.59万手，比上一日减少2.11万手。全合约 前20席位空头持仓44.27万手，比上一日减少1.90万手。 根据合并数据显示，多头前三席位为中信期货，总持仓80738、国泰君安，总持仓49448、乾坤期货，总持仓43444；空头前三席位 为国泰君安，总持仓54260、中信期货，总持仓40704、东证期货，总持仓33068； 主力合约前20席位中，多头增仓前一名分别是：国信期货、持仓4765、增仓112；多头减仓前三名分别是：国泰君安、持仓 19947、减仓-3736，中信期货、持仓16620、减仓-2968，永安期货、持仓5064、减仓-1317； 主力合约前20席位中，空头增仓前三名分别是：东证期货、持仓11033、增仓3459，中信期货、持仓17881、增仓945，平安期货、 持仓3517、增仓126；空头减仓前三名分别是：中泰期货、持仓11840、减仓 ...

New Stock Issuance - Shanda Electric (Stock Code: 301609) issued at a price of 14.66[1] - Jiyuan Group (Stock Code: 732262) issued at a price of 10.88[1] Market Alerts - Jichuan Pharmaceutical (Stock Code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - The last trading day for Tuisan Jinguang (Stock Code: 600190) is July 14, 2025, with 4 trading days remaining[1] - The last trading day for Tuisan Jinjing (Stock Code: 900952) is also July 14, 2025, with 4 trading days remaining[1] Abnormal Fluctuations - *ST Zitian (Stock Code: 300280) reported severe abnormal fluctuations on July 10, 2025[1] - *ST Yushun (Stock Code: 002289) reported abnormal fluctuations on July 11, 2025[1] Other Notable Announcements - Longyuan Green Energy (Stock Code: 603185) announced on July 11, 2025[1] - Kedi Pharmaceutical (Stock Code: 000590) announced on July 14, 2025[1]

Market Overview - The A-share market showed mixed performance on July 14, with the Shanghai Composite Index up by 0.43%, while the Shenzhen Component Index and the ChiNext Index fell by 0.23% and 0.74% respectively [2][3] - The total trading volume for the market reached 987.4 billion CNY, a slight decrease from the previous day, with 2,686 stocks rising and 2,528 stocks falling [3] Sector Performance - The precious metals, banking, and power sectors performed well, while the financial technology sector, including stock trading software and stablecoin concepts, faced declines [3][5] - Notable gains were seen in the humanoid robot concept stocks, with companies like Yushun Robotics and others experiencing significant increases [8][11] Humanoid Robot Sector - The humanoid robot concept stocks surged, with companies like Changrong Co. and Degute achieving daily price limits, indicating strong investor interest [8][9] - Recent commercial developments include the upcoming launch of the Mocha robot by Chery and a procurement order worth 120 million CNY for humanoid robots by Yushun and Zhiyuan [11] Banking Sector - The banking sector continued to show strength, with several banks, including Guiyang Bank and Agricultural Bank of China, reporting gains of over 2% [11][12] - This sector's performance has been a stabilizing factor for the overall market [11] Financial Technology Sector - The financial technology index experienced a downturn, with stocks like Dazhihui and Jinzhen falling by over 9% [14][17] - Multiple regions, including Beijing and Shenzhen, issued risk warnings regarding stablecoins, contributing to the sector's decline [14][18] Cryptocurrency Market - Bitcoin surpassed the 120,000 USD mark, reaching a new historical high, with predictions suggesting it could rise to 200,000 USD by the end of the year [23]

Price Performance - London Gold latest price is 3352.10, change is 39.50 [1] - London Silver latest price is 37.50, change is 0.69 [1] - London Platinum latest price is 1357.00, change is -3.00 [1] - London Palladium latest price is 1142.00, change is 42.00 [1] - WTI Crude latest price is 68.45, change is 1.88 [1] - LME Copper latest price is 9683.50, change is 1.50 [1] - US Dollar Index latest is 97.87, change is 0.28 [1][12] - Euro to US Dollar latest is 1.17, change is -0.00 [1][12] - British Pound to US Dollar latest is 1.35, change is -0.01 [1][12] - US Dollar to Japanese Yen latest is 147.42, change is 1.18 [1][12] - US 10 - year TIPS latest is 2.06, change is 0.05 [1][12] Trading Data - COMEX Silver inventory change is not available [2] - SHFE Silver latest inventory is 1303.59, change is 6.43 [2] - Gold ETF latest holding is 947.64, change is -1.17 [2] - Silver ETF latest holding is 14758.52, change is -131.41 [2] - SGE Silver latest inventory is 1323.23, change is 0.00 [2] - SGE Gold deferred fee payment direction change is -1.00 [2] - SGE Silver deferred fee payment direction change is -1.00 [2]

Group 1 - The A-share multi-financial sector experienced significant fluctuations and a downward trend, with Nanhua Futures hitting the daily limit down [1] - Other companies such as Hongye Futures, Yong'an Futures, Cuiwei Co., and Sichuan Shuangma also followed the downward trend [1]

Report Information - Report Title: Coke Daily Report [1] - Date: July 11, 2025 [1] - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided in the report Core Viewpoints - Not provided in the report Key Points Summary Coke Prices - The latest price of Shanxi quasi - first wet - quenched coke is 1153.65, with no daily change, no weekly change, a monthly decrease of 54.61, and a year - on - year decrease of 40.84% [2] - The latest price of Hebei quasi - first wet - quenched coke is 1375.00, with no daily change, no weekly change, a monthly decrease of 75.00, and a year - on - year decrease of 37.21% [2] - The latest price of Shandong quasi - first dry - quenched coke is 1330.00, with no daily change, no weekly change, a monthly decrease of 55.00, and a year - on - year decrease of 40.36% [2] - The latest price of Jiangsu quasi - first dry - quenched coke is 1370.00, with no daily change, no weekly change, a monthly decrease of 55.00, and a year - on - year decrease of 39.65% [2] - The latest price of Inner Mongolia second - grade coke is 880.00, with no daily change, no weekly change, a monthly decrease of 50.00, and a year - on - year decrease of 45.00% [2] Production and Utilization Rates - The blast furnace operating rate is 90.29, with a weekly decrease of 0.54, a monthly decrease of 0.36, and a year - on - year increase of 1.30% [2] - The daily average hot metal output is 239.81, with a weekly decrease of 1.04, a monthly decrease of 1.80, and a year - on - year increase of 0.64% [2] - The coking capacity utilization rate is 73.20, with a weekly decrease of 0.06, a monthly decrease of 1.73, and a year - on - year decrease of 1.33% [2] - The daily average coke output is 53.59, with a weekly decrease of 0.04, a monthly decrease of 0.07, and a year - on - year increase of 0.45% [2] Inventory - The coking plant inventory is 59.58, with a weekly decrease of 2.02, a monthly decrease of 27.73, and a year - on - year increase of 67.88% [2] - The port inventory is 200.08, with a weekly increase of 8.96, a monthly decrease of 3.01, and a year - on - year decrease of 0.10% [2] - The steel mill inventory is 637.80, with a weekly increase of 0.31, a monthly decrease of 5.04, and a year - on - year increase of 18.44% [2] - The steel mill inventory days are 11.64, with a weekly increase of 0.12, a monthly increase of 0.02, and a year - on - year increase of 13.01% [2] Futures Market - The latest price of the 05 futures contract is 1540, with a daily increase of 13.50, a weekly increase of 18.50, a monthly increase of 164.00, and a year - on - year decrease of 33.75% [2] - The latest price of the 09 futures contract is 1478, with a daily increase of 32.50, a weekly increase of 42.00, a monthly increase of 125.50, and a year - on - year decrease of 33.97% [2] - The latest price of the 01 futures contract is 1507.5, with a daily increase of 21.00, a weekly increase of 28.50, a monthly increase of 139.50, and a year - on - year decrease of 35.18% [2] - The 05 basis is - 122.10, with a daily decrease of 13.50, a weekly decrease of 18.50, a monthly decrease of 201.22, and a year - on - year decrease of 87.88 [2] - The 09 basis is - 60.10, with a daily decrease of 32.50, a weekly decrease of 42.00, a monthly decrease of 162.72, and a year - on - year decrease of 111.88 [2] - The 01 basis is - 89.60, with a daily decrease of 21.00, a weekly decrease of 28.50, a monthly decrease of 176.72, and a year - on - year decrease of 54.38 [2] - The 5 - 9 spread is - 32.50, with a daily increase of 7.50, a weekly increase of 10.00, a monthly decrease of 24.50, and a year - on - year decrease of 33.50 [2] - The 9 - 1 spread is 62.00, with a daily decrease of 19.00, a weekly decrease of 23.50, a monthly increase of 38.50, and a year - on - year decrease of 24.00 [2] - The 1 - 5 spread is - 29.50, with a daily increase of 11.50, a weekly increase of 13.50, a monthly decrease of 14.00, and a year - on - year increase of 57.50 [2]

Core Viewpoint - The article highlights the recent performance of the Shanghai Composite Index, which briefly surpassed 3500 points on July 9, 2024, before closing at 3493.05 points, a decrease of 0.13%. This marks the first time the index has crossed this threshold in approximately eight months [1]. Industry Performance - The multi-financial sector played a significant role in the index's performance, achieving a 2.75% increase on July 9, 2024, and leading the industry in gains over the past three trading days with a total increase of 7.65%. Notable companies in this sector include Yuexiu Capital and Nanhua Futures, both of which reached their daily limit up [1]. - Multi-financial companies typically engage in activities outside of traditional banking and securities, including futures, leasing, and trust services. Key players in this sector include Yong'an Futures, Nanhua Futures, Bohai Leasing, and various financial holding companies [1]. Market Drivers - The recent activity in the multi-financial sector is attributed to a favorable macroeconomic environment and accelerated financial innovations, such as stablecoins. The trend towards the compliance of virtual assets is expected to activate and reshape the entire non-bank financial industry chain, with a collaborative ecosystem for digital asset issuance, circulation, management, and application rapidly taking shape [1].

Core Viewpoint - The surge in demand for hedging has led to a significant increase in trading activity in the futures market, driven by multiple factors including trade policy uncertainty, rising U.S. debt risks, and geopolitical tensions [1][2]. Trading Activity - In June, the national futures market recorded a trading volume of 740 million contracts and a turnover of 52.79 trillion yuan, representing year-on-year increases of 28.91% and 17.25% respectively [1]. - For the first half of the year, the cumulative trading volume reached 4.076 billion contracts with a turnover of 339.73 trillion yuan, showing year-on-year growth of 17.82% and 20.68% [1]. Factors Driving Activity - Increased trade friction has disrupted global commodity expectations, particularly in agricultural and energy sectors, leading to heightened hedging and speculative activities [1]. - The rise in U.S. debt risks has spread a risk-averse sentiment, making government bond futures and precious metals futures key asset allocation tools [1]. - Ongoing geopolitical conflicts have exacerbated instability in the energy and chemical sectors, further driving the "hedging + speculation" trading logic [1]. Market Innovations - The deepening reforms and innovations in the futures market have also contributed to active trading, with the introduction of new products and relaxed regulations for international participants [2]. - The trading volume of gold and oil has become a focal point, with gold and gold options seeing increases of 80.35% and 128.36% respectively in the first half of the year [2]. Future Outlook - The overall trading activity in the futures market is expected to remain high in the second half of the year, driven by continuous investor expansion and ongoing macroeconomic uncertainties [3][4]. - However, the growth rate may slow down, and there will be increased differentiation among trading varieties due to potential easing of geopolitical conflicts [4]. Specific Commodity Insights - Analysts remain optimistic about the gold futures market, expecting continued high trading volumes due to persistent global uncertainties and the U.S. Federal Reserve's policies [5][6]. - The container shipping index futures have recently rebounded, although the overall market remains under pressure from high supply and trade policy risks [6].