Group 1: Market Overview - On November 19, the domestic commodity futures market showed overall strong fluctuations, with significant differentiation among sectors. Energy metals surged, while oilseeds, soda ash, and glass faced downward pressure [1][2] - The China Securities Commodity Futures Price Index closed at 1481.72 points, up 6.51 points or 0.44% from the previous trading day. The China Securities Commodity Futures Index closed at 2048.64 points, up 9.00 points or 0.44% [1] Group 2: Energy Metals Performance - Energy metals, including lithium carbonate, polysilicon, and industrial silicon, led the market with gains exceeding 4%. Lithium carbonate briefly surpassed the 100,000 yuan/ton mark during trading [2][3] - The strong performance of lithium carbonate is supported by robust fundamentals, with continuous price increases attributed to inventory depletion and strong demand. However, there are potential risks associated with price fluctuations due to the ongoing negotiations regarding the resumption of production at Ningde [2][3] Group 3: Chemical Products Performance - In contrast to the energy metals, the chemical products sector has been under pressure. Soda ash prices fell over 3%, reaching a four-month low due to oversupply and weak demand [4] - The glass market is also experiencing weakness, with prices declining amid oversupply and seasonal demand reduction. This has led to lower average profitability for production lines, increasing the likelihood of production cuts [4][5] Group 4: Aluminum and Other Commodities - Aluminum oxide prices have also declined, dropping nearly 2% and hitting a six-month low. The high operating rate of over 81% in domestic aluminum oxide production limits demand growth, contributing to inventory accumulation [5] - Other commodities, including the European shipping index, also faced declines, with multiple active products recording losses exceeding 1% [5]
商品日报（11月19日）：碳酸锂多晶硅工业硅携手大涨 纯碱氧化铝刷新数月新低
Xin Hua Cai Jing·2025-11-19 10:39