Nanhua Futures(SH:603093) Nan Hua Qi Huo·2025-03-25 12:27Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - According to the closing prices of adjacent trading days, the Nanhua Composite Index fell by -0.07% on March 25, 2025. Among the sector indices, the Nanhua Energy and Chemical Index had the largest increase of 0.07%, and the Nanhua Industrial Products Index had the smallest increase of 0.02%. The Nanhua Agricultural Products Index had the largest decline of -0.31%, and the Nanhua Precious Metals Index had the smallest decline of -0.03%. Among the theme indices, the Building Materials Index had the largest increase of 0.48%, and the Energy Index had the smallest increase of 0.47%. The Coal Chemical Index had the largest decline of -0.6%, and the Economic Crops Index had the smallest decline of -0.02%. Among the single - variety indices of commodity futures, the Rapeseed Index had the largest increase of 1.89%, and the Palm Oil Index had the largest decline of -1.96% [1][4][5]. 3. Summary by Related Catalogs 3.1 Nanhua Commodity Index Market Data | Index Name | Today Close | Pre. Close | Points | Daily Change (%) | Annualized Return Rate (%) | Annualized Volatility (%) | Sharpe Ratio | | --- | --- | --- | --- | --- | --- | --- | --- | | Composite Index NHCI | 2542.65 | 2544.41 | -1.76 | -0.07 | 0.21 | 12.80 | 0.02 | | Precious Metals Index NHPMI | 1138.12 | 1138.44 | -0.32 | -0.03 | 35.90 | 18.69 | 1.92 | | Industrial Products Index NHII | 3766.58 | 3765.82 | 0.75 | 0.02 | -5.18 | 14.14 | -0.37 | | Metal Index NHMI | 6427.82 | 6436.21 | -8.39 | -0.13 | 0.02 | 15.70 | 0.00 | | Energy and Chemical Index NHECI | 1783.33 | 1782.09 | 1.24 | 0.07 | -9.67 | 14.54 | -0.66 | | Non - ferrous Metals Index NHNF | 1714.48 | 1718.97 | -4.49 | -0.26 | 6.98 | 14.44 | 0.48 | | Black Index NHFI | 2550.87 | 2551.78 | -0.91 | -0.04 | -15.01 | 22.37 | -0.67 | | Agricultural Products Index NHAI | 1070.53 | 1073.88 | -3.36 | -0.31 | -1.85 | 10.14 | -0.18 | | Mini Composite Index NHCIMi | 1149.92 | 1153.02 | -3.09 | -0.27 | 0.91 | 10.61 | 0.09 | | Energy Index NHEI | 1108.44 | 1103.20 | 5.24 | 0.47 | -1.09 | 21.31 | -0.05 | | Petrochemical Index NHPCI | 980.43 | 982.73 | -2.30 | -0.23 | -1.46 | 10.70 | -0.14 | | Coal Chemical Index NHCCI | 1094.39 | 1101.02 | -6.63 | -0.60 | -0.53 | 11.17 | -0.05 | | Black Raw Materials Index NHFM | 1018.74 | 1022.33 | -3.59 | -0.35 | -0.44 | 19.38 | -0.02 | | Building Materials Index NHBMI | 805.83 | 802.00 | 3.83 | 0.48 | -0.22 | 14.58 | -0.01 | | Oilseeds and Oils Index NHOOI | 1192.39 | 1197.31 | -4.92 | -0.41 | 3.98 | 15.32 | 0.26 | | Economic Crops Index NHAECI | 874.04 | 874.24 | -0.20 | -0.02 | 2.16 | 8.36 | 0.26 | [4] 3.2 Contribution of Single - Variety Indices to Major Indices - Nanhua Composite Index: Positive contributors include Crude Oil (21.84%), Rebar (8.26%), Glass (6.49%), etc.; negative contributors include Palm Oil (-16.95%), Methanol (-8.59%), etc. [9][10] - Nanhua Mini Composite Index: Positive contributors include Soybean Meal (11.20%); negative contributors include Coke (-10.64%), etc. [9] - Nanhua Industrial Products Index: Positive contributors include Crude Oil (24.23%), Rebar (9.82%), Glass (8.11%); negative contributors include Manganese Silicate (-1.22%), etc. [9] - Nanhua Metal Index: Positive contributors include Rebar (28.70%), Copper (3.88%); negative contributors include Tin (-2.06%), etc. [9] - Nanhua Energy and Chemical Index: Positive contributors include Crude Oil (29.32%), Glass (11.07%); negative contributors include PTA (-21.58%), etc. [10] - Nanhua Agricultural Products Index: Positive contributors include Rapeseed Meal (11.47%), Soybean Meal (6.96%); negative contributors include Cotton (-2.24%), etc. [10] 3.3 Single - Variety Index Daily Changes in Energy and Chemical Sector - Soda Ash: -0.69%; Glass: 1.61%; Synthetic Ammonia: 0.59%; Polyvinyl Chloride: -0.62%; Coal: 0.50%; LLDPE: -0.54%; Polypropylene: -0.30%; Natural Rubber: -1.47%; Butadiene: -0.88%; 20 - number Rubber: -0.57%; Ethylene Glycol: 0.04%; Styrene: -1.95%; Short - fiber: -0.70%; LPG: 0.31%; Aromatics: 0.31%; PTA: -0.16%; Cotton Yarn: 0.73%; Cotton: -0.25%; Asphalt: 1.40%; Low - sulfur Fuel Oil: 1.20%; Fuel Oil: 0.57% [16] 3.4 Single - Variety Index Daily Changes in Agricultural Sector - Palm Oil: -1.96%; Rapeseed: 1.89%; Rapeseed Meal: 1.47%; Soybean Meal: 0.35%; Apple: 2.14%; Corn: 0%; Starch: -0.04%; etc. [5][20]