【期货热点追踪】“Bratsk” 牌交割品暂停入库，纸浆冲高回落！后市该如何布局？

Core Viewpoint - The Shanghai Futures Exchange announced the suspension of the "Bratsk" brand bleached sulfate softwood pulp futures delivery, leading to significant price fluctuations in the pulp market [1] Group 1: Market Reaction - Following the announcement, the night trading session on June 20 saw the pulp 2601 contract open with a gap and rise over 5%, while the main 2509 contract briefly reached the 5400 yuan/ton mark, increasing by over 4%, marking a two-month high [1] - By the end of the morning session, the main 2509 contract's increase narrowed to 1.66%, closing at 5278 yuan/ton [1] Group 2: Price Trends and Forecasts - Sanli Futures predicts that the rebound in pulp prices may be limited, expecting a primarily fluctuating market due to the poor acceptance of the "Bratsk" brand by downstream paper mills and the increasing price gap with mainstream softwood pulp [1] - Huaxin Futures anticipates that the SP2509 pulp contract will fluctuate within the 5000-5500 yuan/ton range, influenced by the suspension of "Bratsk" deliveries and the higher costs of new registered warehouse receipts [2] - Dadi Futures suggests that the market is currently overtraded, with the high points reached suitable for short positions in the 09 contract, as the old "Bratsk" warehouse receipts continue to exert pressure on the market [2]