每日期货全景复盘10.23：焦煤期货延续反弹，创逾两个月新高

Market Overview - The futures market shows a bullish sentiment with 65 contracts rising and 14 contracts falling today, indicating increased trading activity in upward-moving commodities [2] - Significant increases were observed in the prices of coking coal (+5.14%), coke (+4.21%), lithium carbonate (+4.17%), crude oil (+4.05%), and fuel oil (+3.42%) [5] - Conversely, the largest declines were seen in rapeseed (-1.22%), palm oil (-1.0%), and soybean oil (-0.7%), likely due to increased bearish pressure or negative fundamentals [6] Capital Flow - The most significant capital inflows were into the CSI 1000 (+7.413 billion), CSI 500 (+3.16 billion), and CSI 300 (+3.043 billion), indicating strong interest from major funds [8] - The largest capital outflows were from gold (-1.741 billion), soybean meal (-553 million), and silver (-379 million), suggesting notable withdrawals from these commodities [8] Position Changes - Notable increases in open interest were seen in lithium carbonate (+18.66%), coking coal (+14.44%), and CSI 1000 (+11.70%), indicating new funds entering these markets [11] - Significant decreases in open interest were recorded in lead (-12.28%), tin (-13.84%), and industrial silicon (-21.09%), suggesting potential exits by major funds [11] Key Events - In September, the total electricity consumption in China increased by 4.5% year-on-year, with the total reaching 888.6 billion kWh [12] - Domestic soda ash manufacturers reported a total inventory of 1.7021 million tons, a decrease of 0.86 thousand tons from the previous week [12] - Analysts suggest that Indonesia's B50 biodiesel blending policy may be delayed until 2027 due to funding constraints and unfavorable price differentials [13] Industry Insights - The urea industry is experiencing a significant decline in operating rates, with new high inventory levels reported [14] - As of October 23, rebar production has increased, while both factory and social inventories have decreased, indicating a potential shift in market dynamics [15] - Glass inventory has reached a three-month high, with a notable increase in stock levels across most regions [15] Future Focus - Upcoming data releases include U.S. initial jobless claims and September CPI, which are expected to influence market sentiment and economic outlook [17][18]