Sou Hu Cai Jing·2025-08-13 00:00Core Insights - The main contract for hot-rolled coil (HRC) closed at 2510 with a price change of +1.40% as of August 12, with a trading volume of 488,500 contracts and a net short position among the top 20 positions of 11,123 contracts [1][3] Trading Volume and Positions - Total trading volume for all HRC contracts was 736,300 contracts, a decrease of 102,800 contracts from the previous day [1][3] - The top 20 positions showed a total long position of 1,761,600 contracts, an increase of 18,100 contracts from the previous day, while the total short position was 1,810,100 contracts, an increase of 23,100 contracts [1][3] Major Players - The top three long positions were held by Guotai Junan with a total position of 222,509 contracts, CITIC Futures with 216,046 contracts, and Everbright Futures with 151,546 contracts [1][3] - The top three short positions were held by Guotai Junan with 408,487 contracts, Dongzheng Futures with 149,476 contracts, and CITIC Futures with 144,769 contracts [1][3] Changes in Positions - Among the top 20 positions, the largest increase in long positions was seen in CITIC Futures with an increase of 3,956 contracts, followed by QianKun Futures with an increase of 2,745 contracts, and Founder Futures with an increase of 2,492 contracts [1][3] - The largest decrease in long positions was recorded by Wenkang Futures with a reduction of 7,676 contracts, Guotai Junan with a reduction of 6,108 contracts, and Yide Futures with a reduction of 2,391 contracts [1][3] - For short positions, Guotai Junan saw the largest increase with 7,643 contracts, followed by Yong'an Futures with 6,868 contracts, and Dongzheng Futures with 5,128 contracts [1][3] - The largest decrease in short positions was noted in CITIC Futures with a reduction of 6,773 contracts, followed by Zhongtai Futures with a reduction of 6,485 contracts, and Zheshang Futures with a reduction of 2,653 contracts [1][3]