股市面面观丨商品端多品种巨震波及股市，股期联动要注意哪些特点？

Group 1 - The recent volatility in the commodity futures market has significantly impacted the stock prices of related companies, such as Shengda Resources and Tianqi Lithium [1][2] - Silver futures experienced a sharp increase of over 10% before a significant pullback, closing with a modest gain of 0.51%, while lithium carbonate futures saw a decline of 7.89% after reaching a yearly high [1] - The A-share market has seen strong performance in precious and non-ferrous metals since 2025, attracting considerable investor interest [2] Group 2 - The relationship between commodity prices and stock performance is complex, with historical instances of stock and futures prices diverging, particularly in the case of intermediate products like rebar [4] - The supply-demand dynamics for silver are critical, with investment and industrial demand driving prices, particularly in sectors like solar energy and electric vehicles [5][6] - Current silver prices are supported by tight supply conditions, with global inventories at a ten-year low, indicating a structural demand-supply imbalance [6] Group 3 - Despite the upward pressure on silver prices due to supply constraints, there are concerns about potential short-term corrections as the market enters an overbought phase [7] - Analysts suggest that while long-term factors may support precious metals, the rapid price increases may have overextended market expectations [7]