期市开门红 期货市场平稳开局 能源、有色品种领涨

Group 1 - The futures market had a stable start on the first trading day of 2026, with energy and non-ferrous metal futures leading the gains, particularly asphalt and Shanghai aluminum contracts, which rose nearly 4% [2] - The geopolitical tensions, particularly the U.S. military actions in Venezuela, have significantly impacted energy futures, causing volatility in prices due to potential supply disruptions [2][3] - Venezuela holds the world's largest oil reserves at 303.2 billion barrels, and the disruption of its core export crude, Merey, which has a high asphalt yield, is expected to lead to a shortage of asphalt raw materials and increase prices [3] Group 2 - The overall strength in non-ferrous metal futures was noted, with industrial metals leading the gains, including a 4.14% rise in casting aluminum alloys and a 3.98% increase in Shanghai aluminum contracts [3] - The geopolitical conflicts have not directly impacted non-ferrous metals but have raised concerns about resource security, which is likely to sustain positive sentiment in the sector [3] - Institutions predict that global resource security demands will become a new main theme in 2026, with challenges to supply due to geopolitical risks and resource protectionism [4] Group 3 - The demand for strategic resources is expected to increase due to energy transitions and resource reserve requirements, particularly in non-OECD countries and emerging markets [5] - AI investments and industrialization in emerging economies are anticipated to drive new demand, contributing to the next commodity supercycle [5] - The restructuring of global trade and industrial division is likely to support the industrialization of emerging economies, further enhancing demand for commodities [5]