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期货午评:碳酸锂、工业硅再创历史新低 化工板块集体下挫 苯乙烯大跌超2%
news flash·2025-05-20 03:40

Group 1 - The commodity market shows mixed trends, with palm oil and aluminum oxide rising over 1%, while the chemical sector collectively declines, with styrene dropping over 2% and industrial silicon down by 2% [1] - Lithium carbonate and industrial silicon have reached historical lows [1] - The main contracts for styrene and industrial silicon have seen significant price drops, with styrene down 2.16% to 7558 and industrial silicon down 1.91% to 7975 [2] Group 2 - The People's Bank of China has lowered the one-year and five-year Loan Prime Rate (LPR) by 10 basis points to 3% and 3.5% respectively, indicating a shift in monetary policy [4] - The National Development and Reform Commission (NDRC) plans to implement most employment and economic stabilization policies by the end of June, aiming for high-quality development [4] Group 3 - The commercial inventory of the three major oils has increased to 1.86 million tons, with a week-on-week rise of 40,000 tons, and a year-on-year increase of 200,000 tons [5][6] - The inventory breakdown shows soybean oil stable at 640,000 tons, canola oil at 810,000 tons (up 10,000 tons week-on-week), and palm oil at 410,000 tons (up 30,000 tons week-on-week) [5][6] Group 4 - The chemical sector is experiencing a downturn, with styrene futures dropping to below 7600 yuan, influenced by supply and demand dynamics [7] - The market for styrene is currently balanced, with no significant supply reduction, and downstream demand remains stable despite minor fluctuations [7] Group 5 - The SCFIS European line index has decreased by 2.9% to 1265.30 points, reflecting a cooling market after previous macroeconomic optimism [8] - The market is expected to stabilize and return to fundamental valuation as the supply-demand balance is reassessed [8]