主力合约前20席位中，空头增仓前三名分别是：华安期货、持仓4140、增仓1978，兴业期货、持仓2259、增仓1627，新湖期货、 持仓4955、增仓1291；空头减仓前三名分别是：华泰期货、持仓3958、减仓-1819，国泰君安、持仓19715、减仓-863，东证期 货、持仓7411、减仓-658。 文章来源:新浪期货 新浪期货 根据交易所数据，截至6月19日收盘主力合约对二甲苯2509,涨跌+1.93%,成交量38.95万手，持仓数据显示前20席位呈现 净空，差额头寸为2452手。 对二甲苯期货全合约总计成交46.44万手，比上一日减少18.21万手。全合约前20席位多头持仓20.66万手，比上一日增加8488手。 全合约前20席位空头持仓20.66万手，比上一日增加6563手。 根据合并数据显示，多头前三席位为国泰君安，总持仓25490、中信期货，总持仓22568、华泰期货，总持仓13862；空头前三席位 为国泰君安，总持仓30243、中信期货，总持仓16273、东证期货，总持仓12941； 主力合约前20席位中，多头增仓前三名分别是：华泰期货、持仓7053、增仓3091，永安期货、持仓6242、增仓1 ...

Core Insights - The main contract for liquefied petroleum gas (LPG) closed at 2508 with an increase of 2.15% as of June 19, with a trading volume of 63,200 contracts and a net short position among the top 20 positions of 1,822 contracts [1][3]. Trading Volume and Positions - Total trading volume for all LPG contracts was 180,500 contracts, a decrease of 35,500 contracts from the previous day [1][4]. - Among the top 20 positions, long positions totaled 86,800 contracts, an increase of 2,367 contracts, while short positions totaled 89,000 contracts, an increase of 3,139 contracts [1][4]. Major Players - The top three long positions were held by: - CITIC Futures with a total position of 13,047 contracts - Dongzheng Futures with a total position of 12,780 contracts - Guotai Junan with a total position of 11,629 contracts [1][4]. - The top three short positions were held by: - Guotai Junan with a total position of 12,422 contracts - CITIC Futures with a total position of 12,397 contracts - Dongzheng Futures with a total position of 10,090 contracts [1][4]. Changes in Positions - The top three increases in long positions were: - Galaxy Futures with an increase of 1,200 contracts - Founder Futures with an increase of 641 contracts - Anliang Futures with an increase of 570 contracts [1][3]. - The top three decreases in long positions were: - Guotai Junan with a decrease of 657 contracts - Nanhua Futures with a decrease of 545 contracts - Changjiang Futures with a decrease of 80 contracts [1][3]. Short Position Changes - The top three increases in short positions were: - Guotai Junan with an increase of 2,380 contracts - Haizheng Futures with an increase of 425 contracts - Huatai Futures with an increase of 326 contracts [1][3]. - The top three decreases in short positions were: - CITIC Futures with a decrease of 1,830 contracts - Changjiang Futures with a decrease of 84 contracts - Donghai Futures with a decrease of 20 contracts [1][3].

特此公告。 永安期货股份有限公司董事会 证券代码：600927 证券简称：永安期货 公告编号：2025-031 永安期货股份有限公司 关于增补公司董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 根据《公司法》《公司章程》等有关规定，经股东财通证券 股份有限公司研究决定，提名马志伟先生为永安期货股份有限公 司（以下简称"公司"）董事候选人。公司董事会提名与薪酬考 核委员会事前审查了马志伟先生的董事任职资格条件，同意此次 董事人员增补事项。公司于 2025 年 6 月 17 日召开第四届董事会 第十二次会议，审议通过了《关于增补公司董事的议案》，马志 伟先生任期将自股东大会选举通过之日起，至本届董事会成员任 期届满之日止。 会议还审议通过了《关于选举马志伟先生担任公司第四届董 事会战略与可持续发展委员会委员的议案》，同意马志伟先生担 任公司第四届董事会战略与可持续发展委员会委员，任期与马志 伟先生担任公司第四届董事会非独立董事之任期一致。 截至本公告日，马志伟先生未持有本公司股票，其与本公司 的董事、监事、高级管理人 ...

关于聘任公司高级管理人员的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 永安期货股份有限公司（以下简称"公司"）于 2025 年 6 月 17 日召开第四届董事会第十二次会议，审议通过了《关于聘 任公司高级管理人员的议案》。按照《公司法》《公司章程》等 规定，经董事长提名，公司聘任马志伟先生为公司总经理，黄志 明先生不再担任总经理职务。经总经理提名，公司聘任史品先生 为公司首席风险官。 公司董事会提名与薪酬考核委员会事前审查了马志伟先生 和史品先生的任职资格条件，同意此次人员变更事项。 根据相关监管规定，吕仙英女士履职至 2025 年 6 月 20 日， 史品先生自 2025 年 6 月 21 日起正式履职。 证券代码：600927 证券简称：永安期货 公告编号：2025-032 永安期货股份有限公司 上述高级管理人员任期与本届董事会任期一致。 特此公告。 永安期货股份有限公司董事会 史品，男，汉族，1985 年出生，中国国籍，无境外永久居 留权，研究生学历。曾任浙江省浙商资产管理有限公司法律合规 部法务专员、法务主 ...

证券代码：600927 证券简称：永安期货 公告编号：2025-030 永安期货股份有限公司 第四届董事会第十二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 一、董事会会议召开情况 永安期货股份有限公司（以下简称"公司"）第四届董事会 第十二次会议于 2025 年 6 月 17 日以通讯表决方式召开。会议通 知于 2025 年 6 月 11 日以书面和电子邮件等方式发出。本次会议 应参加表决董事 9 人，实际参加表决董事 9 人。会议的召集、召 开符合《公司法》和《公司章程》的有关规定，会议决议合法有 效。 本次会议审议并通过如下议案： （一）审议通过《关于增补公司董事的议案》 表决结果：9 票赞成，0 票反对，0 票弃权。 本议案已经公司董事会提名与薪酬考核委员会审议通过，尚 需提交股东大会审议。 具体内容详见公司同日披露的《永安期货股份有限公司关于 增补公司董事的公告》（公告编号：2025-031）。 二、董事会会议审议情况 本议案在股东大会审议通过马志伟先生担任公司董事后生 效。 （三）审议通过《关于 ...

Summary of Key Points Core Viewpoint - The PTA futures market shows a significant increase in trading volume and positions, indicating a bullish sentiment among major market players as of June 18, 2025 [1][3]. Trading Volume and Positions - As of June 18, the main contract PTA2509 experienced a price change of +3.45% with a trading volume of 1,953,100 contracts, and a total of 2,438,900 contracts traded across all contracts, an increase of 670,100 contracts from the previous day [1][3]. - The top 20 positions in the market show a net long position with a difference of 35,432 contracts, indicating a bullish outlook among traders [1]. Long and Short Positions - The long positions among the top 20 seats totaled 1,180,300 contracts, an increase of 96,500 contracts from the previous day, while short positions totaled 1,192,300 contracts, an increase of 88,600 contracts [1][3]. - The top three long positions were held by Guotai Junan (199,219 contracts), CITIC Futures (129,499 contracts), and Dongzheng Futures (105,243 contracts) [1][3]. - The top three short positions were also led by Guotai Junan (206,564 contracts), Dongwu Futures (126,550 contracts), and CITIC Futures (115,288 contracts) [1][3]. Changes in Positions - Among the top 20 long positions, the largest increases were seen in Guotai Junan (+17,432 contracts), CITIC Futures (+14,099 contracts), and Huatai Futures (+13,140 contracts) [1][3]. - Conversely, the largest decreases in long positions were recorded by Galaxy Futures (-4,848 contracts), Dongwu Futures (-1,426 contracts), and COFCO Futures (-1,150 contracts) [1][3]. - For short positions, the largest increases were noted in Dongwu Futures (+29,899 contracts), Founder Futures (+13,645 contracts), and Jianxin Futures (+8,449 contracts) [1][3]. - The largest decreases in short positions were observed in Morgan Stanley (-14,903 contracts), CITIC Futures (-2,963 contracts), and Zheshang Futures (-2,315 contracts) [1][3].

新浪期货 根据交易所数据，截至6月18日收盘主力合约短纤2508,涨跌+3.05%,成交量22.60万手，持仓数据显示前20席位呈现净 空，差额头寸为1984手。 短纤期货全合约总计成交40.29万手，比上一日新增6.28万手。全合约前20席位多头持仓24.02万手，比上一日增加8287手。全合约 前20席位空头持仓24.59万手，比上一日增加7132手。 根据合并数据显示，多头前三席位为中信期货，总持仓26938、国泰君安，总持仓22256、银河期货，总持仓15813；空头前三席位 为国泰君安，总持仓26772、中信期货，总持仓25290、浙商期货，总持仓16632； 主力合约前20席位中，多头增仓前三名分别是：银河期货、持仓10099、增仓1361，海通期货、持仓8110、增仓1171，乾坤期货、 持仓11433、增仓1150；多头减仓前二名分别是：中信建投、持仓5732、减仓-3455，永安期货、持仓5729、减仓-2000； 2025年6月18日短纤主力合约2508持仓数据一览 | | 名次 会员名称 成交量(双边) | | 增减 | 会员 | 持买单 | 增减 | 会员 | 持卖单 | 增减 | | ...

Core Viewpoint - The price of Shanxi premium first-grade coke has dropped nearly 30% from 1650 RMB/ton to around 1200 RMB/ton since the beginning of the year, reflecting a weak profit environment in the coking industry [1] Group 1: Price and Production Dynamics - Domestic coke production has remained stable, with steel mills and independent coking enterprises maintaining a daily output of 1.16 to 1.21 million tons, aligning with the industry's profit levels [1] - The average profit per ton of coke for coking plants is currently -28.6 RMB, indicating ongoing financial strain [1] - Upstream coking coal costs are declining, with many mines adopting a "produce more to reduce losses" strategy, leading to record low spot prices for coking coal [1] Group 2: Demand and Inventory Pressure - The pessimistic outlook for the steel industry is a key factor suppressing coke prices, with a projected decrease in pig iron production due to a rumored target of reducing crude steel output by 50 million tons [1][2] - To achieve a balance in coke supply and demand, a reduction of 13.3 million tons in coke production is necessary in the second half of the year, requiring daily average production to fall below 1.15 million tons [2] - Despite a decrease in total coke inventory from previous highs, the absolute inventory levels at steel mills and coking plants remain significantly higher than in previous years, leading to reduced purchasing willingness from steel mills [2] Group 3: Global Market and Export Dynamics - Global steel demand remained flat in the first half of 2025, with a 2.57% decline in pig iron production outside of China, while overseas coal and coke demand is weak [3] - India's strict coke import quota has forced domestic buyers to reduce coke imports and increase coking coal imports, further impacting global supply dynamics [3] - The price of overseas coking coal has dropped to historical lows due to increased supply pressure from new coking capacity in Indonesia [3] Group 4: Future Outlook and Strategy - Current increases in coke prices are viewed as a temporary rebound rather than a trend reversal, driven by a correction in market expectations [4] - A sustainable trend reversal requires effective implementation of production reduction policies and stable demand for pig iron [4] - Short-term trading opportunities may arise from basis recovery and monthly spread convergence, but a clear policy direction is needed for long-term bullish strategies [4]

新浪期货 根据交易所数据，截至6月17日收盘主力合约工业硅2509,涨跌+1.10%,成交量43.79万手，持仓数据显示前20席位呈现净 空，差额头寸为28452手。 工业硅期货全合约总计成交66.57万手，比上一日减少14.87万手。全合约前20席位多头持仓38.74万手，比上一日减少8025手。全 合约前20席位空头持仓43.28万手，比上一日减少5622手。 根据合并数据显示，多头前三席位为国泰君安期货，总持仓53392、中信期货，总持仓37255、中信建投，总持仓34959；空头前三 席位为国泰君安期货，总持仓74619、中信期货，总持仓44411、中信建投，总持仓34657； 主力合约前20席位中，多头增仓前三名分别是：中信建投、持仓16108、增仓1096，银河期货、持仓11279、增仓960，国泰君安期 货、持仓28151、增仓749；多头减仓前三名分别是：广发期货、持仓12214、减仓-3766，东证期货、持仓11646、减仓-2084，浙 商期货、持仓8341、减仓-1663； 主力合约前20席位中，空头增仓前三名分别是：银河期货、持仓17102、增仓2821，中信建投、持仓16513、增仓 ...

以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 容的客观、公正，研究方法专业审慎，分析结论合理，但公司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信息和建议不会 发生任何变化。且全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，客户应当自主做出期货交易决策，独立承担期货交 以上图表数据来源：彭博、永安源点资讯、万得 免责声明: | | | | | 贵金属早报 | | 研究中心宏观团队 2025/06/17 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 价 格 表 现 | | | | | | | | | 品种 | 伦敦金 | 伦敦银 | | 伦敦铂 | 伦敦钯 | WTI原油 | LME铜 | | 最新 | - | - | | 1242.00 | 1055.00 | - | 9672.50 | | 变化 | - | - | | -16.00 | 0.00 | - | 72.00 | | 品种 | 美元指数 | 欧元兑美元 | | 英镑兑美元 | ...