Group 1: Commodity Market Overview - The commodity futures market saw most prices rise on the 21st, with the three major oilseed prices increasing by over 2%, and soybean oil leading with a nearly 3.2% rise [1][2] - The overall net inflow of funds in the commodity futures market was 387 million, with 932 million flowing into the agricultural products sector and 686 million flowing out of the black chain index [1] Group 2: Oilseed Market Dynamics - Domestic soybean crushing volume reached a record high of 2.18 million tons for the week ending on the 18th, driven by demand for holiday stockpiling [2] - Despite high operating rates this week, a decline in operating rates is expected next week, with increased soybean import costs and inflation expectations supporting short-term strength in oilseed prices [2] Group 3: Lead and Other Metals Performance - Lead futures rose by 1.99%, following a reduction in positions, while tin also increased by 1.87%, leading the non-ferrous metals sector [2] - Analysts suggest that lead prices may experience range-bound fluctuations due to weakening support from battery demand, although the cost of recycled lead is showing some support [2][4] Group 4: Iron Ore and Nickel Market Trends - Iron ore prices opened with a nearly 1% increase but closed down by nearly 3%, reflecting a decline of close to 100 yuan/ton from early September highs [3] - The overall supply-demand balance for iron ore remains relatively stable, but there is potential for marginal easing in fundamentals, leading to price adjustment pressures [3] Group 5: Broader Market Sentiment - Nickel, glass, and manganese silicon all fell by over 1.9%, with urea and rebar also declining by more than 1.5% [4] - Market sentiment is influenced by poor stock market performance, raising concerns about liquidity turning points, which could resonate with industrial commodities [4]
铅锡领涨有色金属 黑色系高开低走
Xin Hua Cai Jing·2025-08-08 06:59