午评|国内期货主力合约跌多涨少 多晶硅涨超2%

Core Viewpoint - The domestic futures market showed mixed results with most contracts experiencing declines, particularly in industrial silicon and energy commodities, while polysilicon prices increased by over 2% [2][6]. Group 1: Market Performance - On December 9, the domestic futures market saw the main contracts mostly decline, with polysilicon rising over 2% and fiberboard and live pigs increasing by more than 1% [2][6]. - In contrast, industrial silicon fell by over 3%, and other commodities such as coke, fuel oil, coking coal, crude oil, low-sulfur fuel oil, and glass dropped by more than 2% [2][6]. Group 2: Industry Analysis - Analysts from Everbright Futures noted that industrial silicon production cuts are not sufficient to match the decline in downstream purchasing, leading to a stagnant trend in the market [4]. - The photovoltaic industry chain continues to experience high inventory levels and reduced production, with a prevailing sentiment of price reductions not spreading upward [4]. - The market has seen some long positions withdraw as exchanges have tightened margin requirements and expanded delivery options, resulting in a gap down for crystalline silicon [4]. - Due to slow growth in near-month positions, the market remains supported despite high volatility, and investors are advised against excessive short selling [4].