Xin Lang Qi Huo·2025-06-25 09:05Core Insights - The main contract for the 30-year Treasury futures closed at 2509 on June 25, with a slight decrease of 0.22% and a trading volume of 99,200 contracts, indicating a net short position among the top 20 participants with a difference of 4,075 contracts [1][3]. Trading Volume and Positions - Total trading volume for all contracts reached 105,600 contracts, an increase of 2,300 contracts from the previous day [1]. - The top 20 participants held a total of 111,200 long positions, which decreased by 544 contracts, while short positions totaled 118,200, down by 1,876 contracts [1][4]. Major Participants - The top three long positions were held by: - CITIC Futures: Total position 26,416, increased by 130 - Guotai Junan: Total position 17,550, decreased by 121 - Dongzheng Futures: Total position 12,101, decreased by 404 [4]. - The top three short positions were held by: - Dongzheng Futures: Total position 16,062, decreased by 1,611 - Galaxy Futures: Total position 13,294, decreased by 87 - CITIC Futures: Total position 12,443, decreased by 219 [4]. Changes in Positions - Among the top 20 participants, the largest increases in long positions were: - Hongyuan Futures: Position 3,472, increased by 1,177 - Galaxy Futures: Position 5,967, increased by 160 - Haitong Futures: Position 1,737, increased by 96 [1]. - The largest decreases in long positions were: - GF Futures: Position 3,241, decreased by 1,256 - Dongzheng Futures: Position 11,445, decreased by 412 - Yong'an Futures: Position 2,399, decreased by 300 [1]. - The largest increases in short positions were: - Guotai Junan: Position 7,378, increased by 623 -招商期货: Position 2,873, increased by 487 - Guojin Futures: Position 5,081, increased by 98 [1]. - The largest decreases in short positions were: - Dongzheng Futures: Position 15,198, decreased by 1,591 - Guoyuan Futures: Position 1,265, decreased by 669 - CITIC Futures: Position 9,900, decreased by 325 [1].