瑞达期货（002961）指出，目前港口库存持续去化，外盘价格稳定，原木下游整体需求边际恢复，基本 面矛盾不大，后续注意原木进口情况，现货有支撑。LG2603合约建议关注下方775附近支撑。 1月30日，国内期市能化板块多数飘绿。其中，原木期货主力合约开盘报789.0元/立方米，今日盘中高 位震荡运行；截至发稿，原木主力最高触及799.5元，下方探低788.0元，涨幅达1.66%附近。 目前来看，原木行情呈现震荡上行走势，盘面表现偏强。对于原木后市行情将如何运行，相关机构观点 汇总如下： 西南期货表示，后续供给方面需关注新西兰天气对新西兰发运的延迟影响，需求方面则受放假影响持续 收缩，基本面整体基调偏宽松持平。但成本端方面受地缘政治事件影响，原油、燃料油大幅上行，与海 上运费关联性较强，原木运费成本支撑强化。 格林大华期货分析称，供需矛盾突出，需求疲软压制价格上行，而低库存限制下跌空间，市场情绪以谨 慎观望为主导。低库存对价格形成一定支撑，国内外价格倒挂及盘面低于仓单成本的格局下，大幅下行 空间有限，但现货端弱现实制约反弹驱动，预计主力合约维持低位震荡，操作上建议区间交易并关注资 金动向。 ...

螺纹钢产业链日报 2026/1/29 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | RB主力合约收盘价(元/吨) | 3,157.00 | +34↑ RB主力合约持仓量(手) | 1785380 | +40974↑ | | | RB合约前20名净持仓(手) | -25175 | +56921↑ RB5-10合约价差(元/吨) | -46 | 0.00 | | | RB上期所仓单日报(日，吨) | 38283 | 0.00 HC2605-RB2605合约价差(元/吨) | 151 | -6↓ | | 现货市场 | 杭州 HRB400E 20MM(理计，元/吨) | 3,300.00 | +20↑ 杭州 HRB400E 20MM(过磅，元/吨) | 3,385 | +21↑ | | | 广州 HRB400E 20MM(理计，元/吨) | 3,420.00 | 0.00 天津 HRB400E 20MM(理计，元/吨) | 3,170.00 | +10↑ | | | RB 主力合约基差 ( ...

Report Summary 1. Report Industry Investment Rating - Not provided in the given content. 2. Core Viewpoints - On Thursday, the freight index (European line) futures prices rose collectively. The main contract EC2604 closed up 1.59%, and the far - month contracts rose between 1 - 6%. The far - month contracts had larger increases due to geopolitical factors. The latest SCFIS European line settlement freight rate index was 1,859.31, down 94.88 points from the previous week, a 4.9% week - on - week decline. The cancellation of full - refund VAT for photovoltaic products may lead to a rush of shipments, boosting long - term contract cargo volume, but the price increase may be reversed later, and the spot - end support has weakened, causing the futures price to decline. China's foreign trade improved significantly in December 2026, which may be related to the cancellation of VAT export tax rebates for some commodities and pre - holiday rush exports. It is expected that China's exports will maintain a high growth rate in 2026. The spot freight rates of some shipping companies have different trends, with Maersk's price reduction pressure slightly improving, while others continue to lower prices. The expectation of resuming shipping in the Red Sea has improved, and the market is optimistic about the economic recovery of the eurozone. The current freight market is greatly affected by seasonal demand. It is recommended that investors be cautious, pay attention to the operation rhythm and risk control, and track geopolitical, shipping capacity and cargo volume data in time [1]. 3. Summary by Relevant Catalog 3.1 Futures Market Data - EC main contract closing price: 1,249.700, up 19.5; EC second - main contract closing price: 1,576, up 86.90. - EC2604 - EC2606 spread: - 326.30, down 62.10; EC2604 - EC2608 spread: - 395.70, down 63.90. - EC contract basis: 609.61, down 20.70. - EC main contract open interest: 39,669, down 477. [1] 3.2 Spot Market Data - SCFIS (European line) (weekly): 1,859.31, down 94.88; SCFIS (US West Coast line) (weekly): 1,294.32, down 10.95. - SCFI (composite index) (weekly): 1,457.86, down 116.26; container ship capacity (10,000 TEUs): 1,227.97, up 0.17. - CCFI (composite index) (weekly): 1,208.75, down 1.10; CCFI (European line) (weekly): 1,588.19, up 5.59. - Baltic Dry Index (daily): 2,016.00, down 17.00; Panamax Freight Index (daily): 1,681.00, down 56.00. - Average charter price (Panamax ship): 0.00, up 0.00; Average charter price (Capesize ship): 24,823.00, up 5,025.00. [1] 3.3 Industry News - US President Trump threatened Iran again, and Iran's foreign minister said the armed forces were on high alert. - The Fed kept the benchmark interest rate unchanged at 3.50% - 3.75%, pausing after three consecutive 25 - basis - point cuts. Fed Chair candidate Waller supported a 25 - basis - point cut, in line with Trump's nominee Milan. The unemployment rate has shown initial signs of stabilization, inflation remains relatively high, and economic uncertainty is still high. - The German government lowered its 2026 economic growth forecast to 1% from 1.3% due to under - performing infrastructure investment and weak exports caused by high tariffs. [1] 3.4 Key Events to Watch - January 30, 07:30: Japan's December unemployment rate. - January 30, 14:30: France's preliminary Q4 GDP annual growth rate. - January 30, 16:55: Germany's seasonally - adjusted January unemployment rate. - January 30, 17:00: Germany's preliminary Q4 un - seasonally - adjusted GDP annual growth rate. - January 30, 18:00: Eurozone's December unemployment rate. - January 30, 21:00: Germany's preliminary January CPI monthly rate. - January 30, 21:30: US December PPI annual growth rate. [1]

Report Industry Investment Rating - Not provided in the report Core Viewpoints - On Thursday, the HC2605 contract increased in price with rising positions. In terms of the macro - aspect, in the first month of the implementation of the steel export license policy, the market is experiencing "short - term pain" to find a balance under the new rules. Regarding supply and demand, the weekly output of hot - rolled coils has increased, with a capacity utilization rate of 78.99% and a production volume of 3.0921 billion tons; terminal demand has improved, and inventories continue to be depleted. Overall, the downstream demand for hot - rolled coils is relatively resilient. Coupled with the first round of price increases for coke, the prices of furnace materials have all increased, driving up costs and steel prices. Technically, the 1 - hour MACD indicator of the HC2605 contract shows that DIFF and DEA are rising, and the red bars are expanding. It is recommended for short - term trading and attention should be paid to risk control [2] Summary by Relevant Catalogs Futures Market - The closing price of the HC main contract is 3,308 yuan/ton, up 28 yuan; the position volume is 1,547,118 lots, up 29,468 lots. The net position of the top 20 in the HC contract is - 37,312 lots, down 18,077 lots. The HC5 - 10 contract spread is - 22 yuan/ton, down 1 yuan. The HC warehouse receipt at the Shanghai Futures Exchange is 193,068 tons, up 8,842 tons. The HC2605 - RB2605 contract spread is 151 yuan/ton, down 6 yuan [2] Spot Market - The price of 4.75 hot - rolled coils in Hangzhou is 3,310 yuan/ton, up 10 yuan; in Guangzhou, it is 3,290 yuan/ton, up 10 yuan; in Wuhan, it remains at 3,310 yuan/ton; in Tianjin, it remains at 3,170 yuan/ton. The basis of the HC main contract is 2 yuan/ton, down 18 yuan. The price difference between hot - rolled coils and rebar in Hangzhou is 10 yuan/ton, down 10 yuan [2] Upstream Situation - The price of 61.5% PB powder ore at Qingdao Port is 799 yuan/wet ton, up 6 yuan. The price of quasi - first - grade metallurgical coke in Hebei is 1,490 yuan/ton, unchanged. The price of 6 - 8mm scrap steel in Tangshan is 2,170 yuan/ton, unchanged. The price of Q235 billet in Hebei is 2,930 yuan/ton, unchanged. The inventory of iron ore at 45 ports is 167.6285 million tons, up 2.1204 million tons. The inventory of coke at sample coking plants is 419,400 tons, up 14,600 tons. The inventory of coke at sample steel mills is 6.6199 million tons, up 117,900 tons. The inventory of billets in Hebei is 1.5875 million tons, up 25,500 tons [2] Industry Situation - The blast furnace operating rate of 247 steel mills is 78.66%, down 0.16%. The blast furnace capacity utilization rate is 85.53%, up 0.07%. The weekly output of hot - rolled coils at sample steel mills is 3.0921 million tons, up 38,000 tons. The capacity utilization rate of hot - rolled coils at sample steel mills is 78.99%, up 0.97%. The inventory of hot - rolled coils at sample steel mills is 772,500 tons, up 6,100 tons. The social inventory of hot - rolled coils in 33 cities is 2.7833 million tons, down 28,100 tons. The monthly output of crude steel in China is 68.18 million tons, down 1.69 million tons. The net export volume of steel is 1078 million tons, up 130 million tons [2] Downstream Situation - The monthly output of automobiles is 3.296 million vehicles, down 235,600 vehicles; the monthly sales are 3.2722 million vehicles, down 156,800 vehicles. The monthly output of air conditioners is 21.6289 million units, up 6.6029 million units. The monthly output of household refrigerators is 10.0115 million units, up 569,500 units. The monthly output of household washing machines is 11.975 million units, down 38,000 units [2] Industry News - The Federal Reserve announced to maintain the federal funds rate target range between 3.5% and 3.75%. Fed Chairman Powell said that if tariff inflation peaks and then falls, the policy can be loosened, and no one expects the next meeting to raise interest rates. Only one of the three leading building materials steel mills in Shandong Province has introduced a specific winter storage policy this year [2]

国债期货日报 2026/1/29 | 项目类别 | 数据指标 | 最新 | 环比 项目 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | T主力收盘价 | 108.250 | 0.06% T主力成交量 | 83851 | -3528↓ | | | TF主力收盘价 | 105.875 | 0.01% TF主力成交量 | 61278 | 5250↑ | | | TS主力收盘价 | 102.394 | 0% TS主力成交量 | 27838 | -1924↓ | | | TL主力收盘价 | 112.170 | 0.07% TL主力成交量 | 83695 | 24158↑ | | 期货价差 | TL2603-2606价差 | -0.11 | +0.03↑ T03-TL03价差 | -3.91 | -0.02↓ | | | T2603-2606价差 | 0.02 | -0.00↓ TF03-T03价差 | -2.35 | -0.01↓ | | | TF2603-2606价差 | -0.04 | +0.01↑ TS03-T03价差 | -5.80 | 0. ...

月中，2603合约收跌0.98%，2605合约收跌0.17%，延续弱势。 研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 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。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 11165 | -105 主力合约持仓量:生猪(日,手) | 118654 | -2569 | | | 仓单数量:生猪(日,手) | 426 | 0 期货前20名持仓:净买单量:生猪(日,手) | -48297 | 52 ...

苹果产业日报 2026-01-29 | 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:苹果(日,元/吨) 110 主力合约持仓量:苹果(日,手) 期货前20名持仓:净买单量:苹果(日,手) 1020 | 9642 2430 | 116346 | 16344 | | 现货市场 | 甘肃静宁苹果现货价格(纸袋75#以上)(日, 山东沂源苹果现货价格(纸袋75#以上)(日, 0 | 5.25 | 2.4 | 0 | | 元/斤) | 元/斤) 陕西洛川苹果现货价格(纸袋70#以上半 山东烟台栖霞现货价格(纸袋80#以上一 | | | | | | 0 | 4.2 | 3.7 | 0 | | 上游情况 | 商品)(日,元/斤) 全国:苹果产量(年,万吨) 168.34 二级果农货)(日,元/斤) | 5128.51 | | | | 产业情况 | 水果批发价:苹果(周,元/公斤) -0.05 平均批发价:富士苹果(周,元/公斤) | 9.47 | 9.29 | 0.09 | | | 全国苹果冷 ...

（原标题：瑞达期货(002961.SZ)：期货公司目前不能自营交易期货品种） 格隆汇1月29日丨瑞达期货(002961.SZ)在投资者互动平台表示，期货公司目前不能自营交易期货品种， 不存在所谓做多黄金白银。 ...

格隆汇1月29日丨瑞达期货(002961.SZ)在投资者互动平台表示，期货公司目前不能自营交易期货品种， 不存在所谓做多黄金白银。 ...

1月29日，国内期市煤炭板块多数飘红。其中，焦炭期货主力合约开盘报1699.0元/吨，今日盘中高位震 荡运行；截至发稿，焦炭主力最高触及1717.5元，下方探低1675.0元，涨幅达2.55%附近。 瑞达期货（002961）分析称，焦企开工回落、焦炭库存低位，需求高炉开工下滑而铁水微增；焦炭现货 提涨博弈中，焦企维持亏损、钢厂盈利回升。市场方面，部分钢厂进行焦炭提涨，预计30日落地。夜盘 焦炭主力合约收涨1.38%至1692.5，运行于20与60日均线下方。焦企利润承压或进一步降负，钢厂淡季 铁水产量不及预期，但冬储仍有支撑，焦炭提涨对盘面有一定支撑，预计低位震荡运行，中枢小幅上 移。关注钢厂开工及冬储节奏，请投资者注意风险控制。 建信期货表示，消息面对煤焦期货价格产生利空和利多的双重拉扯，但基本面变化不大又导致煤焦期货 相对偏稳，预计后市或先抑后扬，可待回调企稳后尝试逢低买入保值或投资策略。 目前来看，焦炭行情呈现震荡上行走势，盘面表现偏强。对于焦炭后市行情将如何运行，相关机构观点 汇总如下： 中辉期货指出，焦炭首轮提涨落地，第二轮提涨有难度。近期焦企亏损程度加深，但受生产惯性短期焦 企生产积极性尚可，供应 ...