Core Viewpoint - In August, the pig prices in Hunan and Jiangxi provinces showed a downward trend, with a slight narrowing of the decline in Jiangxi by mid-month. The market was characterized by oversupply due to reduced weight from the breeding sector and seasonal consumption decline, leading to falling prices [1][1]. Price Trends - As of August 18, the average trading price of live pigs in Hunan was 13.54 yuan per kilogram, reflecting a decline since the beginning of the month [1][1]. - The average trading weight of live pigs in Hunan was recorded at 124.55 kilograms, a decrease of 0.77% compared to the previous month [1][1]. Supply and Demand Analysis - The breeding sector in both provinces continued to reduce weights, contributing to an oversupply situation in the market, which pressured prices downward [1][1]. - In August, the outflow plans from 16 sample breeding enterprises in Hunan increased by 9.74% month-on-month, while 12 sample enterprises in Jiangxi saw a 3.83% increase [1][1]. Future Outlook - Towards the end of August, there may be a rebound in pig prices due to increased demand from schools preparing for the new academic year, which typically leads to higher procurement volumes [1][1]. - Despite the ongoing supply pressure, the current low price levels suggest that the extent of price declines may be limited, with potential support from seasonal demand factors [1][1].

Market Performance - The digital media sector increased by 1.19% on August 15, with Fengyuzhu leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Individual Stock Performance - Fengyuzhu (603466) closed at 10.73, up 3.97% with a trading volume of 290,000 shares and a turnover of 308 million yuan [1] - Caocreative Information (66ZI0E) closed at 66.06, up 2.99% with a trading volume of 27,100 shares and a turnover of 178 million yuan [1] - Fantou Digital (301313) closed at 26.90, up 1.74% with a trading volume of 31,400 shares and a turnover of 83.93 million yuan [1] - Visual China (000681) closed at 20.70, up 1.72% with a trading volume of 239,100 shares and a turnover of 492 million yuan [1] - Mango Super Media (300413) closed at 22.61, up 1.71% with a trading volume of 243,700 shares and a turnover of 548 million yuan [1] Capital Flow Analysis - The digital media sector experienced a net outflow of 4.3061 million yuan from institutional investors, while retail investors saw a net inflow of 39.2691 million yuan [2][3] - The main capital inflow was observed in Mango Super Media with a net inflow of 47.7186 million yuan, while Fengyuzhu had a net inflow of 30.2955 million yuan [3] - Visual China experienced a significant net outflow of 10.1819 million yuan from institutional investors [3]

Core Viewpoint - The domestic urea market is experiencing mixed performance with significant regional disparities, as prices for low-end urea have dropped below 1700 yuan/ton in major production areas, while some regions see slight rebounds [1][2]. Price Trends - As of August 13, urea futures prices fell, with the main contract closing at 1726 yuan/ton, a decrease of 1.76% [2]. - The price of urea in Xinjiang has decreased by 30 yuan/ton, reaching 1450 yuan/ton [1]. Supply and Demand Dynamics - Urea supply remains abundant, with daily production levels consistently high, leading to a situation where the market is not lacking in supply [3]. - Urea companies reported an increase in inventory, with stocks reaching 957,400 tons, up by 6,980 tons or 7.86% from the previous week [3]. - The agricultural demand for urea is currently weak due to seasonal factors, contributing to a lack of market confidence [2][3]. Future Outlook - There is an optimistic expectation for over 3 million tons of urea exports in the third quarter, primarily concentrated from July to September, coinciding with the peak season for autumn fertilizers [3]. - The production cost for urea is expected to provide strong support around the 1700 yuan/ton mark, limiting further price adjustments [4]. - Short-term price fluctuations are anticipated, with potential for a rebound in late August due to seasonal demand for autumn fertilizers [4].

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300785 | 值得买 | 34.00 | -3.57% | 10.15万 | | 3.49 Z | | 300295 | 三六五网 | 14.73 | -2.64% | 6.89万 | 1.03亿 | | | 603466 | 风语筑 | 10.32 | -2.46% | 22.96万 | | 2.39亿 | | 000681 | 视觉中国 | 20.36 | -2.35% | 31.11万 | | 6.41亿 | | 603533 | 掌阅科技 | 20.43 | -2.01% | 10.12万 | | 2.09亿 | | 300987 | 川网传媒 | 19.00 | -2.01% | 8.78万 | | 1.69亿 | | 300413 | 芒果超媒 | 22.23 | -1.90% | 24.43万 | | 5.48亿 | | 301313 | 凡拓数创 | 26.44 | -1.49% | 3.66万 | 9715.8 ...

转自：证券时报 人民财讯8月13日电，卓创资讯报告认为，8月国内尿素市场主流先扬后抑，受消息面等影响，期间亦有 短时回温且反弹走势，但出口消息落地后市场成交重归理性。近期来看，市场供应宽松预期继续维持， 需求难有明显支撑力度，因此短期内市场在无明显利好消息刺激下，大概率继续承压。据卓创资讯监测 数据显示：8月11日中国尿素市场均价为1773.4元/吨，较8月1日跌0.69%，同比下跌18.24%。 ...

本计价周期以来，美国非农数据不及预期，且以沙特为首的OPEC+积极增产，原油呈现偏弱走势；叠 加美国与欧洲某国和谈，油价进一步下跌。因此本周期原油价格呈现下滑走势，国内参考的原油变化 率，正值范围内持续回落。截至8月11日收盘，国内第10个工作日，参考原油变化率0.06%，预计汽柴 油上调5元/吨。未达到成品油零售限价50元/吨的调整红线，因此8月12日24时，国内成品油零售限价调 整或遇搁浅。搁浅落地后，将是2025年的第四次搁浅。在未来半个月时间内，居民驾车出行燃油成本及 物流运输燃油成本将保持不变。 ...

Group 1 - In July, cotton yarn prices increased due to a significant rise in cotton prices, which pushed the cost of cotton yarn higher. The average monthly price of cotton in China reached approximately 14,741 yuan/ton, a 3.41% increase from the previous month, but a year-on-year decrease [1] - The profit margins for cotton spinning enterprises have declined, with the theoretical monthly gross profit for pure cotton yarn dropping to -720.35 yuan/ton, a decrease of 50.15 yuan/ton from the previous month. The operating rate of cotton spinning enterprises was 61.20%, down 0.75 percentage points from the previous month [1] - Cotton spinning enterprises are experiencing a decrease in orders, with the average order days for Shandong cotton spinning enterprises at 4.93 days, a decline of 0.20 days from the previous month. The inventory days for pure cotton yarn increased by 11.11% to an average of 30 days [1] Group 2 - The cotton market is expected to return to fundamentals, with limited orders from downstream textile enterprises and poor profit margins potentially suppressing cotton demand. The anticipated increase in new season cotton production is also contributing to this outlook [2] - It is projected that cotton yarn prices may experience a slight decline in August, with an expected drop of 100 yuan/ton to a range of 21,100-21,700 yuan/ton. The situation will be closely monitored regarding order follow-ups and macro market changes [2]

【导语】7月肥标价差呈现走阔趋势，一方面养殖端有降重需求，出栏积极性较高，标猪供应充沛，利空其价格；另一方面天气炎热，生猪采食量下降，体重增加缓慢，大猪供应减少，市场中占 7月肥标价差不断拉开 卓创资讯生猪分析师范晴晴 生猪市场中肥猪与标猪的价差在7月持续扩大，据卓创资讯统计7月全国肥标价差均值为0.28元/公斤，环比6月增加0.15元/公斤，增幅为115.38%。一方面养殖端有降重需求，加速标猪出栏 7月养殖端有降重需求，出栏积极性较高，利空标猪价格 进入7月天气炎热，终端消费偏好于瘦肉率高、脂肪含量低的猪肉，并且夏季高温环境下，生猪养殖成本有所上升，维持大猪饲养需要更多的饲料投入和管理成本，所以养殖端主动选择降体重策 生猪增重缓慢，大猪供应减少，利好其价格 此外，8月下旬院校开学等消费节点临近，猪肉需求有望回升。大猪出肉率高、适合大规模加工，更能满足加工企业和团体消费需求，需求增加或推高其价格，加剧价差扩大。 责任编辑：李铁民 7月炎热天气直接影响生猪生长，高温下生猪采食量下降、新陈代谢减缓，增重速度明显放缓，导致140公斤以上猪源供应减少，据卓创资讯统计，截止到7月底140公斤猪源在市场中占比为1.1 ...

按年龄来看，数字媒体行业CFO年龄普遍超过40岁，年龄最小的为风语筑CFO肖圣选，1986年生，现年39岁。 数字媒体行业，芒果超媒CFO张志红薪酬最高，达297万元，约是行业平均薪酬的3.3倍，相当于日薪1.19万元；上年为400万元，同比下降25.8%。生意宝CFO方芳薪酬最低，仅30.70万元， 新华网CFO任劼薪酬涨幅最高，年薪93.16万元，上年为78.89万元，同比增长18.1%。芒果超媒CFO张志红降幅最大。 专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平 分行业来看，数字媒体行业CFO薪酬总额912.37万元，平均薪酬91.24万元，同比增长0.5%。 按学历来看，数字媒体行业CFO学历以本科为主，占比60%，其次为硕士，占比40%。 公司经营业绩层面，卓创资讯是唯一一家收入、净利润双增的数字媒体上市公司。2024年，卓创资讯实现营收2.94亿元，同比增长3.8% ...

Market Overview - On August 6, the digital media sector rose by 0.84%, with Fengyuzhu leading the gains [1] - The Shanghai Composite Index closed at 3633.99, up 0.45%, while the Shenzhen Component Index closed at 11177.78, up 0.64% [1] Stock Performance - Fengyuzhu (603466) closed at 11.18, up 6.17% with a trading volume of 593,700 shares and a turnover of 653 million yuan [1] - Fantou Shuchuang (301313) closed at 27.49, up 2.50% with a trading volume of 86,400 shares and a turnover of 23.7 million yuan [1] - Zhaochuang Information (301299) closed at 66.26, up 1.41% with a trading volume of 16,700 shares and a turnover of 11 million yuan [1] - Other notable stocks include *ST Fanli (600228) at 4.26, up 1.19%, and People's Daily (603000) at 20.97, up 1.16% [1] Capital Flow - The digital media sector experienced a net outflow of 25.3 million yuan from institutional investors and 22.7 million yuan from retail investors, while retail investors saw a net inflow of 47.9 million yuan [2] - The overall capital flow indicates a mixed sentiment among different investor categories [2] Individual Stock Capital Flow - People's Daily (603000) had a net inflow of 61.58 million yuan from institutional investors, while it faced a net outflow of 30.26 million yuan from retail investors [3] - Fengyuzhu (603466) saw a net inflow of 32.69 million yuan from institutional investors, with a net outflow of 12.64 million yuan from retail investors [3] - Other stocks like Zhaochuang Information (301299) and *ST Fanli (600228) also showed varied capital flows, indicating differing investor interests [3]