Sou Hu Cai Jing·2025-07-05 08:15Core Insights - The main contract for polysilicon futures closed at 2508, with a slight increase of 0.68% as of July 4, 2025, and a trading volume of 516,600 contracts [1] - Total trading volume for all polysilicon contracts reached 703,700 contracts, an increase of 6,650 contracts from the previous day [1] - The top 20 positions showed a net long position with a difference of 2,980 contracts [1] Summary by Category Trading Volume and Positions - Total trading volume for all contracts was 703,700, with a daily increase of 6,650 contracts [1] - The top 20 long positions totaled 129,500 contracts, increasing by 5,888 contracts from the previous day [1] - The top 20 short positions totaled 134,200 contracts, increasing by 4,666 contracts from the previous day [1] Top Long and Short Positions - The top three long positions were held by: - CITIC Futures: total position 21,001, with a decrease of 368 contracts - Guotai Junan Futures: total position 15,055, with a decrease of 303 contracts - CITIC Jiantou: total position 11,412, with an increase of 657 contracts [3] - The top three short positions were held by: - Guotai Junan Futures: total position 20,145, with an increase of 1,750 contracts - CITIC Jiantou: total position 14,585, with an increase of 252 contracts - CITIC Futures: total position 13,444, with an increase of 511 contracts [3] Changes in Positions - The top three long position increases were: - Donghang Futures: position 1,534, increase of 1,286 - Chuangyuan Futures: position 1,322, increase of 1,034 - Zhongcai Futures: position 1,457, increase of 857 [1] - The top three long position decreases were: - Guotai Junan Futures: position 4,311, decrease of 817 - Guangfa Futures: position 1,833, decrease of 645 - COFCO Futures: position 1,081, decrease of 535 [1] Overall Market Sentiment - The overall sentiment in the polysilicon futures market appears to be bullish, as indicated by the net long positions and the increase in trading volumes [1][3]