每日期货全景复盘10.14：午后市场情绪明显转弱，贵金属冲高回落！

Market Overview - The futures market shows a bearish sentiment with 17 contracts rising and 61 contracts falling today, indicating a concentration of trading activity in declining varieties [2][5]. Key Contract Movements - The top gainers include the shipping index (European line) at 2512 (+7.36%), Shanghai gold at 2512 (+2.70%), and Shanghai silver at 2512 (+2.64%), driven significantly by supply and demand factors [6]. - The largest declines were seen in canola at 2511 (-5.32%), glass at 2601 (-3.40%), and methanol at 2601 (-2.61%), likely influenced by increased bearish pressure or negative fundamentals [6]. Capital Flow Analysis - The most significant capital inflows were into the CSI 500 at 2512 (1.478 billion), 30-year treasury bonds at 2512 (588 million), and 10-year treasury bonds at 2512 (454 million), indicating strong interest from major funds [9]. - Conversely, the largest capital outflows were from Shanghai gold at 2512 (-2.266 billion), Shanghai copper at 2511 (-1.347 billion), and Shanghai silver at 2512 (-1.347 billion), suggesting a notable withdrawal of funds from these assets [9]. Position Changes - Significant increases in open interest were observed in peanut at 2601 (+29.12%), cotton yarn at 2601 (+20.39%), and short fiber at 2512 (+19.91%), indicating a high level of trading activity and potential new capital entering these markets [10]. - Conversely, notable decreases in open interest were seen in corn at 2511 (-13.17%), eggs at 2511 (-13.97%), and silicon iron at 2511 (-23.55%), suggesting a withdrawal of major funds and warranting attention for future performance [10]. Key Events and Impacts - Indonesia is considering regulating palm oil exports to meet domestic biodiesel demand, which may lead to a reduction in global edible oil supply as exports decrease [11]. - Silver has outperformed gold this year, with a price increase of over 80% compared to gold's 57%, driven by investor demand and industrial usage [12][13]. - Iron ore inventories at major ports in Australia and Brazil have increased, with total iron ore stock at Chinese ports rising by 171.18 million tons, indicating a trend of increased supply [14]. Industry Insights - A new regulatory document on solar photovoltaic capacity control is expected to be released soon, aiming to balance supply and demand in the industry [15]. - The U.S. may lose 16 million tons of soybean orders if China does not return to the U.S. market by mid-November, highlighting the impact of trade dynamics on agricultural exports [16]. - Indonesia's Freeport may suspend operations at the Manyar smelter due to a shortage of copper concentrate, affecting supply chains in the copper market [16]. Future Focus - Upcoming data releases include China's September CPI and global metal market supply-demand conditions, which are expected to influence market expectations and trading strategies [19][24].