Yongan Futures(SH:600927) Qi Huo Ri Bao·2025-11-17 00:04Core Insights - The 2025 Global Futures Traders Conference and the 19th National Futures (Options) Live Trading Competition were held in Xi'an, showcasing industry leaders discussing investment opportunities in commodities and future technological developments [1][10]. Group 1: Event Overview - The event featured a gathering of industry elites, including award-winning traders, institutional investors, and representatives from futures companies, engaging in deep discussions on trading philosophies and market opportunities [1][10]. - The competition has been a platform for traders for 19 years, highlighting the evolution of trading strategies and the increasing maturity of traders' methodologies [2]. Group 2: Market Analysis - Zhang Yi, head of the research institute at Yong'an Futures, indicated that the commodity sector may experience differentiation in 2026, with a stable macroeconomic environment and a mild recovery in domestic economic growth [3]. - The "anti-involution" policy is expected to impact supply and demand dynamics, particularly in the polysilicon market, where demand growth is projected to decline by 10% to 0% year-on-year in 2026 [3][4]. Group 3: Investment Opportunities - The macroeconomic atmosphere is generally warming, but a comprehensive bull market in commodities is not anticipated until global economic recovery is evident [4]. - Specific commodities such as lithium carbonate and aluminum are expected to see significant demand growth, while the supply of PX and PTA is improving, making them suitable for long positions [4]. Group 4: Trader Insights - Successful traders emphasize the importance of risk management, self-awareness, and the development of a personalized trading system [6][7][8]. - The experiences shared by award-winning traders highlight the necessity of maintaining discipline and a strong mindset in trading, with a focus on learning from both successes and failures [6][7][8].