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商品期货再掀涨停潮!焦煤、碳酸锂、玻璃、锰硅、硅铁主力封涨停板
Jin Tou Wang·2025-07-25 10:41

Core Viewpoint - The expectation of "anti-involution" policies in China is rising, leading to increased market activity and a surge in commodity futures, with several key contracts hitting their daily price limits [1] Group 1: Commodity Futures Performance - Coking coal main contract 2509 hit the daily limit, closing at 1259.0 CNY/ton, with a rise of 7.98% and an increase in open interest of over 55,000 contracts, attracting 1.419 billion CNY in inflows. The contract has seen a cumulative increase of over 42% this week [2] - Lithium carbonate main contract 2509 also hit the daily limit, closing at 80,520.0 CNY/ton, with a rise of 7.99% and an increase in open interest of over 54,000 contracts, with 1.211 billion CNY in inflows [2] - Glass main contract 2509 reached the daily limit, closing at 1,362.00 CNY/ton, with an increase of 8.01% and nearly 60,000 contracts added in open interest, resulting in 539 million CNY in inflows [2] - Manganese silicon main contract 2509 hit the daily limit, closing at 6,414.00 CNY/ton, with an increase of 8.02% and over 61,000 contracts added in open interest, attracting 491 million CNY in inflows [2] - Silicon iron main contract 2509 also reached the daily limit, closing at 6,166.00 CNY/ton, with an increase of 8.02% and over 43,000 contracts added in open interest, resulting in 269 million CNY in inflows [2] Group 2: Market Analysis and Expectations - Analysts from Zhonghui Futures noted that a recent meeting among leading manganese enterprises resulted in a preliminary consensus to reduce energy consumption and emissions by 40%. This unexpected news led to the price surges in silicon iron and manganese silicon [3] - The rapid increase in open interest indicates strong market participation, and if no other policy interventions occur, manganese silicon and silicon iron are expected to open higher next week, although short-term participants should be cautious of potential pullbacks [3]