格隆汇1月20日丨瑞达期货(002961.SZ)公布，公司于2026年1月20日召开了第五届董事会第十一次会 议，审议通过了《关于对外投资购买股权的议案》，同意公司以自有资金58,857万元购买申港证券合计 11.9351%的股权（对应的股份为515,000,000股）。其中，向申港证券股东ArtaGlobalMarketsLimited（裕 承环球市场有限公司，简称"裕承环球"）购买其持有的申港证券8.1112%股权（对应的股份为 350,000,000股，该部分股份处于质押状态），向JTCapitalManagementLimited(嘉泰新兴资本管理有限公 司，简称"嘉泰资本"）购买其持有的申港证券3.8239%股权（对应的股份为165,000,000股）。 ...

Core Viewpoint - The company, 瑞达期货, has approved an investment proposal to acquire a total of 11.9351% equity in 申港证券 for 58.857 million yuan, indicating a strategic move to enhance its stake in the securities market [1] Group 1: Investment Details - The company will use its own funds amounting to 58.857 million yuan to purchase the equity [1] - The acquisition includes 350 million shares (8.1112% equity) from Arta Global Markets Limited, which are currently under pledge [1] - Additionally, the company will acquire 165 million shares (3.8239% equity) from JT Capital Management Limited [1]

| 证券代码：002961 | 证券简称：瑞达期货 | 公告编号：2026-015 | | --- | --- | --- | | | 债券简称：瑞达转债 | | | 债券代码：128116 | | | 证券代码：002961 证券简称：瑞达期货 公告编号：2026-015 瑞达期货股份有限公司 关于2026年度向银行申请综合授信额度 并提供担保暨关联交易的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 瑞达期货股份有限公司（以下简称"公司"）于 2026 年 1 月 20 日召开了第 五届董事会第十一次会议，审议通过了《关于 2026 年度向银行申请综合授信额 度并提供担保暨关联交易的议案》，具体内容如下： 一、交易概述 根据子公司（包括下属全资、控股子公司、孙公司，下同）发展计划及日常 经营资金需求，2026 年度子公司拟向银行申请不超过人民币 14 亿元的综合授信 额度。 上述额度最终以银行实际审批的授信额度为准，实际授信额度可在子公司之 间相互调剂，具体融资金额将视子公司的实际需要确定。授信方式包括但不限于 流动资金贷款、银行承兑汇票、国内信用证 ...

| 证券代码：002961 | 证券简称：瑞达期货 | 公告编号：2026-014 | | --- | --- | --- | | 债券代码：128116 | 债券简称：瑞达转债 | | 证券代码：002961 证券简称：瑞达期货 公告编号：2026-014 瑞达期货股份有限公司 关于对外投资购买股权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、瑞达期货股份有限公司（以下简称"公司"）拟以自有资金 58,857 万元 购买申港证券股份有限公司（以下简称"申港证券"）合计 11.9351%的股权（对 应的股份为 515,000,000 股），其中 8.1112%的股权（对应的股份为 350,000,000 股）处于质押状态。 2、本次购买股权事项已经公司于 2026 年 1 月 20 日召开的第五届董事会第 十一次会议审议通过，根据《深圳证券交易所股票上市规则》及《公司章程》等 有关规定，本次交易无需提交公司股东会审议。 3、本次交易不涉及关联交易，也不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 4、本次交易尚需取得中国 ...

| 证券代码：002961 | 证券简称：瑞达期货 | 公告编号：2026-013 | | --- | --- | --- | | 债券代码：128116 | 债券简称：瑞达转债 | | 证券代码：002961 证券简称：瑞达期货 公告编号：2026-013 本议案已经公司董事会战略委员会审议通过。 具体内容详见公司同日披露在巨潮资讯网（http://www.cninfo.com.cn）上 的《关于对外投资购买股权的公告》（公告编号：2026-014）。 表决结果：同意票 7 票，反对票 0 票，弃权票 0 票，表决通过。 瑞达期货股份有限公司 第五届董事会第十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 瑞达期货股份有限公司（以下简称"公司"）第五届董事会第十一次会议于 2026 年 1 月 20 日以现场和通讯相结合的方式，在厦门市思明区桃园路 18 号公 司 27 楼会议室召开。提议召开本次会议的通知已于 2026 年 1 月 17 日以微信、 电子邮件相结合的方式发出，本次会议应参会董事 7 人，实际参会董事 ...

瑞达期货公告，拟以自有资金5.89亿元受让申港证券11.9351%股权，对应5.15亿股，其中3.5亿股处于质 押状态；交易对方为Arta Global Markets Limited及JT Capital Management Limited。该事项已获2026年1 月20日第五届董事会第十一次会议通过，无需股东会审议，不涉及关联交易，亦不构成重大资产重组， 交易尚需中国证监会等相关部门批准。 ...

研究员: 蔡跃辉 期货从业资格号F0251444 期货投资咨询从业证书号Z0013101 | 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) | 3,111.00 | -29↓ RB主力合约持仓量(手) | 1741235 | +13280↑ | | | RB合约前20名净持仓(手) | -57265 | +10794↑ RB5-10合约价差(元/吨) | -48 | 0.00 | | | RB上期所仓单日报(日，吨) | 49244 | -31304↓ HC2605-RB2605合约价差(元/吨) | 165 | +6↑ | | 现货市场 | 杭州 HRB400E 20MM(理计，元/吨) | 3,310.00 | -20↓ 杭州 HRB400E 20MM(过磅，元/吨) | 3,395 | -21↓ | | | 广州 HRB400E 20MM(理计，元/吨) | 3,470.00 | 0.00 天津 HRB400E 20MM(理计，元/吨) | 3,17 ...

1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints - The MA2605 contract is expected to fluctuate in the range of 2170 - 2270 in the short - term. Although the methanol inventory at ports has decreased, the total inventory is still at a relatively high level. Short - term attention should be paid to the unloading speed of foreign vessels and changes in提货量. The domestic methanol - to - olefins industry's weekly average operating rate is expected to decline, and currently, the MTO devices are operating stably with no obvious change plans [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main methanol contract is 2206 yuan/ton, a decrease of 6 yuan/ton compared to the previous period. The 5 - 9 spread of methanol is - 19 yuan/ton, an increase of 5 yuan/ton. - The position volume of the main methanol contract is 830923 hands, a decrease of 27596 hands. The net long position of the top 20 futures holders of methanol is - 168939 hands. - The number of methanol warehouse receipts is 8355, unchanged from the previous period [2]. 3.2 Spot Market - The price of methanol in Jiangsu Taicang is 2200 yuan/ton, a decrease of 10 yuan/ton. The price in Inner Mongolia is 1832.5 yuan/ton, a decrease of 10 yuan/ton. - The price difference between East China and Northwest China is 367.5 yuan/ton, unchanged. The basis of the main Zhengzhou methanol contract is - 12 yuan/ton, an increase of 17 yuan/ton. - The CFR price of methanol at the main Chinese port is 261 US dollars/ton, a decrease of 2 US dollars/ton. The CFR price in Southeast Asia is 322 US dollars/ton, unchanged. - The FOB price in Rotterdam is 262 euros/ton, an increase of 1 euro/ton. The price difference between the main Chinese port and Southeast Asia is - 61 US dollars/ton, a decrease of 2 US dollars/ton [2]. 3.3 Upstream Situation - The price of NYMEX natural gas is 3.11 US dollars/million British thermal units, a decrease of 0.03 US dollars [2]. 3.4 Industry Situation - The inventory at East China ports is 103.89 tons, a decrease of 8.44 tons. The inventory at South China ports is 39.64 tons, a decrease of 1.75 tons. - The import profit of methanol is - 13.67 yuan/ton, an increase of 4.21 yuan/ton. The monthly import volume is 141.76 tons, a decrease of 19.5 tons. - The inventory of inland enterprises is 450900 tons, an increase of 3200 tons. The operating rate of methanol enterprises is 91.11%, a decrease of 0.31% [2]. 3.5 Downstream Situation - The operating rate of formaldehyde is 34.23%, an increase of 0.16%. The operating rate of dimethyl ether is 3.74%, an increase of 0.78%. - The operating rate of acetic acid is 78.4%, an increase of 1.41%. The operating rate of MTBE is 67.57%, unchanged. - The operating rate of olefins is 85.77%, a decrease of 2.29%. The on - disk profit of methanol - to - olefins is - 957 yuan/ton, a decrease of 3 yuan/ton [2]. 3.6 Option Market - The 20 - day historical volatility of methanol is 21.27%, an increase of 0.42%. The implied volatility of at - the - money call options of methanol is 22.09%. - The 40 - day historical volatility of methanol is 18.86%, a decrease of 3.35%. The implied volatility of at - the - money put options of methanol is 22.19%, a decrease of 3.25% [2]. 3.7 Industry News - As of January 14, the inventory of Chinese methanol sample production enterprises was 45.09 tons, a slight increase of 0.32 tons compared to the previous period, with a month - on - month increase of 0.71%. The orders to be delivered by sample enterprises were 23.78 tons, a slight increase of 0.03 tons compared to the previous period, with a month - on - month increase of 0.13%. - As of January 14, the total inventory of Chinese methanol ports was 143.53 tons, a decrease of 10.19 tons compared to the previous data. The inventory in East China decreased by 8.44 tons, and the inventory in South China decreased by 1.75 tons. The significant reduction in port inventory was mainly due to the small total unloading volume. - As of January 15, the capacity utilization rate of domestic methanol - to - olefins devices was 86.93%, a month - on - month decrease of 2.38%. The MTO device of Zhejiang Xingxing entered the parking state, and some enterprises were still operating at reduced loads, causing the industry's operating rate to continue to decline passively [2].

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Report Core View - The I2605 contract's center of gravity moved down on Tuesday. With the current decline in Australian and Brazilian iron ore shipments and arrivals, a slight reduction in the blast furnace operating rate of steel mills, molten iron production remaining below 2.3 million tons, and the iron ore port inventory reaching a new high, the port continues the inventory accumulation trend, and the spot resources are relatively abundant. Additionally, the first shipment of 200,000 tons of iron ore from Simandou arrived at China Baowu Magang, putting short - term pressure on ore prices. The technical analysis of the I2605 contract shows that the 1 - hour MACD indicator has DIFF and DEA running below the 0 - axis. The reference view is oscillating and bearish, and risk control should be noted. [2] 3. Summary by Relevant Catalogs 3.1. Futures Market - The closing price of the I main contract is 789.50 yuan/ton, down 4.50 yuan; the position volume of the I main contract is 586,412 lots, down 29,929 lots. The I 5 - 9 contract spread is 18 yuan/ton, up 0.50 yuan; the net position of the top 20 in the I contract is - 6,122 lots, up 5,773 lots. The Dalian Commodity Exchange's I warehouse receipts are 1,500 lots, up 700 lots. The Singapore iron ore main contract's quote as of 15:00 is 104 US dollars/ton, down 0.66 US dollars. [2] 3.2. Spot Market - The price of 61.5% PB fines at Qingdao Port is 845 yuan/dry ton, down 9 yuan; the price of 60.5% Mac fines at Qingdao Port is 837 yuan/dry ton, down 10 yuan. The price of 56.5% Super Special fines at Jingtang Port is 755 yuan/dry ton, down 11 yuan. The basis of the I main contract (Mac fines dry ton - main contract) is 48 yuan, down 5 yuan. The 62% Platts iron ore index (previous day) is 104.45 US dollars/ton, down 1.70 US dollars. The ratio of Jiangsu scrap steel to 60.5% Mac fines at Qingdao Port is 3.11, up 0.07. The estimated import cost is 841 yuan/ton, down 14 yuan. [2] 3.3. Industry Situation - The global iron ore shipment volume (weekly) is 2,929.80 tons, down 251.10 tons; the arrival volume at 47 ports in China (weekly) is 2,897.70 tons, down 117.30 tons. The iron ore inventory at 47 ports (weekly) is 17,288.70 tons, up 244.26 tons; the iron ore inventory of sample steel mills (weekly) is 9,262.22 tons, up 272.63 tons. The iron ore import volume (monthly) is 11,965.00 tons, up 911.00 tons; the available days of iron ore (weekly) are 22 days, up 5 days. The daily output of 266 mines (weekly) is 39.95 tons, up 0.81 tons; the operating rate of 266 mines (weekly) is 63.02%, up 1.30%. The iron concentrate inventory of 266 mines (weekly) is 43.44 tons, down 0.49 tons. The BDI index is 1,650, up 83. The iron ore freight rate from Tubarao, Brazil to Qingdao is 20.28 US dollars/ton, up 0.72 US dollars; the iron ore freight rate from Western Australia to Qingdao is 8.11 US dollars/ton, up 0.66 US dollars. [2] 3.4. Downstream Situation - The blast furnace operating rate of 247 steel mills (weekly) is 78.82%, down 0.51%; the blast furnace capacity utilization rate of 247 steel mills (weekly) is 85.46%, down 0.60%. The domestic crude steel output (monthly) is 6,818 tons, down 169 tons. [2] 3.5. Option Market - The 20 - day historical volatility of the underlying (daily) is 18.63%, up 0.12%; the 40 - day historical volatility of the underlying (daily) is 16.03%, up 0.04%. The implied volatility of at - the - money call options (daily) is 22.15%, up 0.14%; the implied volatility of at - the - money put options (daily) is 25.20%, up 0.79%. [2] 3.6. Industry News - From January 12th to January 18th, 2026, the global iron ore shipment volume was 2,929.8 million tons, a week - on - week decrease of 251.1 million tons. The total iron ore shipment volume from Australia and Brazil was 2,246.6 million tons, a week - on - week decrease of 359.8 million tons. The arrival volume at 47 ports in China was 2,897.7 million tons, a week - on - week decrease of 117.3 million tons; the arrival volume at 45 ports in China was 2,659.7 million tons, a week - on - week decrease of 260.7 million tons; the arrival volume at the six northern ports was 1,442.9 million tons, a week - on - week decrease of 26.3 million tons. [2]

鸡蛋产业日报 2026-01-20 期近月合约或处于低位宽幅震荡状态,远月在产能下滑预期下，表现有望好于近月，可轻仓试多远月。 数据来源于第三方，观点仅供参考。市场有风险，投资需谨慎！ 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。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 3027 | 4 期货前20名持仓:净买单量:鸡蛋(日,手) | 3167 | 0 | | | 克) ...