Group 1: Commodity Market Overview - The domestic commodity futures market on December 5 showed mixed results, with the shipping European line main contract rising over 4% and copper and zinc contracts increasing by over 2% [1][2] - The China Securities commodity futures price index closed at 1514.45 points, up 4.20 points or 0.28% from the previous trading day [1] Group 2: Shipping European Line - The shipping European line futures experienced a "four consecutive days of gains," with the main contract closing up 4.04% after reaching a peak increase of over 6% during the day [2] - Market sentiment is influenced by Maersk's announcement to raise January freight rates to $2,275 per TEU and $3,500 per FEU, although there are concerns about the actual market demand [2] Group 3: Non-Ferrous Metals - The non-ferrous metals sector remained strong, with both London copper and Shanghai copper reaching new historical highs, with Shanghai copper closing at 92,780 yuan per ton, up 2.19% [3] - Factors contributing to the bullish sentiment include expectations of interest rate cuts and a weakening US dollar, alongside concerns about copper supply shortages due to high cancellation rates of LME copper warehouse receipts [3] Group 4: Coke and Coal Market - The coke market saw significant declines, with the main contract for coke dropping by 3.15%, while coking coal also fell by over 2% due to weakening supply-demand dynamics [4] - Despite limited recovery space for domestic coal mines, stable production levels and high inventory at the Ganqimaodu port are influencing market conditions [4] Group 5: Polysilicon Market - Polysilicon futures fell by 2.96% amid a weak spot market and reduced downstream demand, with significant production cuts initiated by silicon wafer manufacturers [5] - The expected polysilicon production for December is around 120,000 tons, while silicon wafer production is projected to drop significantly, indicating ongoing inventory pressure [5]
商品日报（12月5日）：沪铜再创历史新高 双焦大幅回落
Xin Hua Cai Jing·2025-12-05 11:31