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关税政策超预期,全球大宗商品交易逻辑生变
Di Yi Cai Jing·2025-05-13 11:45

Group 1 - The market sentiment has reversed significantly following substantial progress in the China-US trade talks, leading to a sharp divergence in global commodity prices [1][4] - The domestic commodity futures market saw most prices rise, particularly in the chemical sector, with the main shipping index contract increasing by 5.79% and styrene reaching its limit up [1] - Precious metals experienced a significant drop, with gold futures falling by 1.6% to 767.68 yuan per gram, marking a near one-month low [1] Group 2 - The shipping market reacted positively to the easing trade tensions, with the main shipping index contract rising over 10% during the day and closing at 1465.2 points, a 6% increase [2] - The chemical industry, particularly styrene, saw price increases due to optimistic expectations regarding trade recovery, as the sector is heavily influenced by trade dynamics [2] - Analysts caution that while the shipping index has rebounded, the underlying fundamentals remain weak, and future price movements will depend on actual improvements in trade demand and cargo volumes [2][3] Group 3 - The risk appetite in the market has rebounded quickly after the trade agreement progress, leading to a downward adjustment in expectations for Federal Reserve rate cuts [4] - The international spot gold price fell below $3300 per ounce, reaching a low of $3207 per ounce, before rebounding to $3254 per ounce [4] - The non-ferrous metals market showed a mixed performance, with some metals linked to trade seeing slight increases, while caution remains prevalent among traders [4]