商品日报（12月16日）：铂钯交替领涨同创上市以来新高 沥青弱势下探年内低点

Group 1: Commodity Market Overview - The domestic commodity futures market experienced a general decline on December 16, with energy and basic metals showing weakness. The China Securities Commodity Futures Price Index closed at 1505.54 points, down 4.24 points or 0.28% from the previous trading day [1] - The China Securities Commodity Futures Index closed at 2079.05 points, down 6.57 points or 0.32% from the previous trading day [1] Group 2: Precious Metals Performance - Platinum and palladium continued to rise, with palladium futures increasing over 4%, becoming the leading commodity in the market, while platinum also reached new highs [3] - Despite a strong performance, the prices of platinum and palladium faced pressure due to a pullback in gold and silver prices, leading to a narrowing of their daily gains [3] - Analysts remain cautiously optimistic about platinum's future performance due to a tight supply-demand situation expected in 2025, while palladium's demand growth is limited [3] Group 3: PVC Market Dynamics - PVC futures rebounded on December 16, closing with a 2.16% increase, ranking third in terms of gains, following palladium and platinum [4] - The PVC market is characterized by a strong supply and weak demand, with high industry operating rates and elevated social inventory levels [4] - Despite the weak demand, PVC prices are at historical lows, prompting a potential for a rebound, although the overall market remains cautious [4] Group 4: Base Metals Trends - The basic metals sector saw a general decline, with tin prices dropping significantly due to easing supply concerns from Indonesia, which reported a 25.59% year-on-year increase in refined tin exports for November [5] - The demand for tin remains weak, exacerbated by a downturn in the technology sector, leading to a bearish outlook for tin prices [5] Group 5: Energy and Chemical Products - The energy and chemical sector showed mixed results, with products like PVC rebounding while others like asphalt and low-sulfur fuel oil faced declines due to falling crude oil prices [6] - Asphalt prices approached their annual lows, driven by oversupply expectations and weak demand, with inventories rising despite lower production rates [6]