Group 1: Commodity Market Overview - The domestic commodity futures market experienced mixed results on June 25, with urea and red dates leading gains of over 2% [1] - The SC crude oil futures contract fell by over 8%, while high-sulfur fuel oil dropped more than 5% [1] - The China Securities Commodity Futures Price Index closed at 1374.19 points, down 16.51 points or 1.19% from the previous trading day [1] Group 2: Urea and Red Dates - Urea futures saw a strong rebound with a 2.47% increase, recovering losses from earlier in the week due to increased demand and inventory depletion expectations [2] - Concerns over weather conditions affecting red date production led to a rise of over 2%, reaching a four-month high, despite current low consumption levels [2] Group 3: Other Commodities - Silicon manganese and ferrosilicon both increased by over 1%, with ferrosilicon reaching a one-month high [3] - The overall market sentiment improved, contributing to gains in coke, stainless steel, industrial silicon, and nickel, all closing up by over 1% [3] Group 4: Oil Market Dynamics - Oil prices continued to decline due to easing geopolitical tensions, with SC crude oil futures down 8.13% [4] - Despite a decrease in U.S. API crude oil inventories, concerns about supply disruptions remain, limiting the extent of price declines [4] - The outlook for oil prices remains cautious, with potential for further declines due to OPEC+ production increases and high tariffs affecting global demand [4] Group 5: Shipping and Freight Rates - The shipping market for the European route saw its fifth consecutive day of declines, with a drop of 3.07% in the main contract [5] - Freight rates for routes from Shanghai to European ports have decreased compared to the previous week, indicating a potential oversupply in the market [5] - The expectation of price increases by airlines has diminished due to weakened market sentiment and competition among carriers [5]
商品日报（6月25日）：尿素延续反弹 油价继续大跌
Xin Hua Cai Jing·2025-06-25 09:26