资讯早间报：隔夜夜盘市场走势-2025-04-02

Market Performance International Futures - International oil prices declined slightly, with the May contract of US crude falling 0.48% to $71.14 per barrel, and the June contract of Brent crude dropping 0.48% to $74.41 per barrel [2] - International precious metal futures generally closed lower, with COMEX gold futures down 0.06% at $3148.5 per ounce and COMEX silver futures down 0.7% at $34.37 per ounce [3] - CBOT agricultural futures' main contracts all closed higher, with soybean futures up 1.77% at 1032.75 cents per bushel, corn futures up 0.66% at 460.25 cents per bushel, and wheat futures up 0.56% at 540 cents per bushel [3] - Most London base metals closed lower, with LME copper down 0.93% at $9692.5 per ton, LME zinc down 1.23% at $2816.5 per ton, LME nickel down 1.4% at $16170 per ton, LME aluminum down 1.78% at $2504.5 per ton, LME tin up 3.41% at $37120 per ton, and LME lead down 1.11% at $2000 per ton [3] Domestic Futures - Domestic commodity futures' night - session generally closed higher. Energy and chemical products mostly rose, with low - sulfur fuel oil up 1.52%, glass up 1.4%, butadiene rubber up 1.18%, and fuel oil up 1.1%. Black - series all rose, with iron ore up 1.34% and coke up 1.08%. Agricultural products generally rose, with palm oil up 1.69%, soybeans up 1.08%, and rapeseed oil up 1.06%. Base metals showed mixed performance, with Shanghai tin up 0.89%, stainless steel up 0.82%, Shanghai nickel up 0.49%, alumina down 0.07%, Shanghai copper down 0.1%, Shanghai lead down 0.26%, Shanghai aluminum down 0.34%, and Shanghai zinc down 0.91%. Shanghai gold was up 0.42% and Shanghai silver was down 0.43% [4][46] Macroeconomic Information - The Caixin China Manufacturing PMI in March recorded 51.2, up 0.4 percentage points from February, reaching a new high since December 2024, indicating accelerated expansion of manufacturing production and business activities [7] - The national consumer goods trade - in promotion meeting was held in Beijing on March 28, emphasizing the need to strengthen coordination and ensure task implementation [7] - From March 24 - 30, the total transaction area of newly - built commercial housing in 10 key cities was 3407200 square meters, a month - on - month increase of 55.4% and a year - on - year increase of 6.6%. The total transaction area of second - hand housing was 2789000 square meters, a month - on - month increase of 1.1% and a year - on - year increase of 18.3% [7] - US tariff policy aims to bring manufacturing capacity back to the US, but it will be difficult and costly due to structural factors [7] - US Treasury Secretary said the announced tariffs on Wednesday are a "ceiling", and countries can take measures to reduce them [7] - A Russian senior official is expected to visit Washington this week for talks with the Trump administration [8] - The US Trade Representative's Office is preparing a new tariff option for Trump, which may impose comprehensive tariffs on some countries at a lower rate than the 20% general tariff [8][39] - Trump's comprehensive tariffs will take effect immediately after being announced on Wednesday, and he plans to announce tariffs on global trading partners at 4 pm local time on April 2 [10] Industry - Specific Information Energy and Chemicals - Two of the three mooring points at the Caspian Pipeline Consortium's terminal have stopped operating, and the pipeline needs over a month of maintenance, which will lead to a reduction in Kazakhstan's oil production [12][13] - OPEC+ ministers will meet on Thursday and may approve further oil production increases from May, and will also consider some members' further production - cut plans to compensate for over - quota production [13][48] - US API crude oil inventories increased by 6037000 barrels last week, contrary to the expected decrease of 2060000 barrels [14][50] - Venezuela's crude oil and fuel exports in March decreased by 11.5% due to tariffs and sanctions [15] Metals - The Shanghai Futures Exchange will adjust the trading and intraday flat - today transaction fees of alumina futures to 0.01% of the transaction amount from April 8 [17] - Andrada Mining processed 244314 tons of tin ore in Q4 2024, more than the same period of the previous fiscal year [19] - A small zinc oxide factory in Jiangsu closed a production line today, with an expected monthly impact of about 300 tons, due to weak orders and inventory accumulation [19] - The latest tender price of northern alumina was 3270 - 3280 yuan per ton (delivered price), a decrease of 100 yuan per ton compared to the previous transaction [19] - China's new - energy passenger vehicle growth rate is stronger than the world average, maintaining a 70.4% share from January - December 2024, and reaching 75% from October - December [19] Black - Series - On April 1, the total inventory of imported iron ore in 47 Chinese ports was 15003370 tons, an increase of 96830 tons from the previous Monday. Inventory increments were mainly in East, South, and Yangtze - River regions, while North and Northeast regions saw a decrease [21] - From March 24 - 30, the total iron - ore inventory in seven major ports in Australia and Brazil was 1175800 tons, a week - on - week increase of 31500 tons, and the inventory is at a relatively low level since the beginning of the year [21] Agricultural Products - Last week, the commercial inventories of rapeseed oil in China were stable, while those of soybean oil and palm oil decreased, with the total inventory of the three major vegetable oils dropping by 80000 tons week - on - week, 70000 tons month - on - month, and increasing by 250000 tons year - on - year [24] - Malaysia's palm oil exports in March were 1066477 tons, a 0.4% increase from February [25] - As of the end of the 13th week of 2025, the inventory of imported pressed rapeseed oil in China was 872000 tons, a decrease of 19000 tons from last week, a 2.19% week - on - week decline [26] - As of March 31, 2025, 113 sugar mills in India were still operating in the 2024 - 25 sugar - crushing season, with a total of 265326000 tons of sugarcane crushed and 24850000 tons of sugar produced [26] - US soybean crushing volume in February was 5670000 tons, lower than last month and the same period last year; US soybean oil production in February was 2.24 billion pounds, an 11% decline from last month and a 2% decline from last year [26] Financial Market Information Funds - In the first quarter of 2025, the frequency and scale of public - fund dividends increased significantly. The total number of dividends was 1696, a year - on - year increase of 24.71%, and the dividend amount was 67.588 billion yuan, a year - on - year increase of 46.34% [28] - 137 new funds were established in March, with a total issuance of 100.926 billion shares, showing a significant recovery compared to January and February [30] Real Estate - Beijing's second - hand housing transactions in March exceeded 19000 units, reaching 19234 units, a month - on - month increase of 61.96%, indicating a stable and self - regulating market [31] - Guangzhou launched the online application for the first batch of配售型保障性 housing, becoming the first first - tier city to sell such housing [31] - Chengdu plans to supply 9000 mu of land for commercial housing this year, with 120000 units and about 15.6 million square meters [32] - Jinan will increase the maximum housing provident - fund loan amount for purchasing existing homes by 10% [33] Industry - From January - February, the added value of China's large - scale electronic information manufacturing industry increased by 10.6% year - on - year, higher than the overall industry and high - tech manufacturing industry, with export recovery, profit decline, and a slight slowdown in investment [34] - The news that robot unicorn company Yushu Technology plans to introduce new investors including Ant Group and China Mobile is false [36] - Five Chinese ministries issued a notice on formulating the list of integrated circuit enterprises or projects and software enterprises eligible for tax incentives in 2025 [37] - Many airlines will lower domestic air fuel surcharges from April 5 [38] Overseas Markets - The US Trade Representative's Office is preparing a new tariff option for Trump, which may impose comprehensive tariffs on some countries at a lower rate than the 20% general tariff [39] - The US Commerce Secretary's team proposed to cancel the rewards of the Chip Act and may suspend subsidy payments to pressure semiconductor companies to expand US domestic investment [39] - The Reserve Bank of Australia maintained the benchmark interest rate at 4.1%, as expected [39] - The US ISM Manufacturing PMI in March dropped to 49, falling into the contraction range, and the price index reached a new high since June 2022, highlighting the impact of Trump's tariffs on the US economy [39] - The eurozone's February CPI slowed to 2.2% year - on - year, with service - industry inflation continuing to decline, and the unemployment rate dropped to a record low of 6.1%. The market bets an 80% chance of the ECB cutting interest rates this month [41] - US JOLTS job openings in February were 7568000, lower than expected, indicating a moderate slowdown in the labor market [41] - Japan's large - scale manufacturing business sentiment index in the first quarter dropped to 12, the first deterioration in four quarters due to US tariff concerns [41] - South Korea's exports in March increased by 3.1% year - on - year, with semiconductor exports approaching the 2022 record and automobile exports rising for two consecutive months [42] International Stocks - Most Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index up 0.5% and the Wind China Concept Technology Leading Index up 0.17% [43] - OpenAI will raise $40 billion in a new round of financing led by SoftBank, with a valuation of $300 billion [43] - Japanese semiconductor company Rapidus will start a 2 - nanometer chip trial - production line in April, targeting mass production in 2027, with 1.8 trillion yen of government support [43] - A Texas bankruptcy court rejected Johnson & Johnson's talcum powder lawsuit bankruptcy plan, and the company may face up to $11 billion in potential compensation [45] - Qualcomm will acquire Vietnamese AI company MovianAI and is considering an acquisition offer for Alphawave [45] - South Korea's five major automakers' total global sales in March decreased by 1.6% year - on - year to 703000 vehicles, with overseas sales down 2.6% [45] - Samsung Electronics appointed Mauro Porcini as its president and chief design officer, the first foreign - born chief design officer in its history [45] Commodities - Domestic commodity futures' night - session generally closed higher, with energy and chemical products mostly rising, black - series all rising, agricultural products generally rising, and base metals showing mixed performance [46] - Domestic refined - oil retail prices may increase on April 24, as international crude oil prices have been rising [46] - OPEC+ ministers will meet on Thursday and may approve further oil production increases from May, and will also consider some members' further production - cut plans to compensate for over - quota production [48] - The price of domestic battery - grade lithium carbonate rose by 180 yuan to 74100 yuan per ton on April 1 [49] - The Baltic Dry Index fell 0.69% to 1587 points, declining for six consecutive days [51] Bonds - The bond market was generally volatile, with most Treasury bond futures closing lower, and the central bank conducting large - scale net withdrawals in the open market [52] - The African Export - Import Bank successfully issued its first - phase 2.2 - billion - yuan panda bond in the inter - bank bond market, with a coupon rate of 2.99% and a 3 - year term [52] - Berkshire Hathaway has entrusted Bank of America and Mizuho Bank to handle the issuance of yen - denominated fixed - rate senior unsecured bonds [53] Foreign Exchange - The central bank and the foreign exchange administration plan to promote the high - version pilot policy of integrated RMB - foreign currency capital pools nationwide and strengthen cross - border capital flow management and supervision [55] - The on - shore RMB against the US dollar closed at 7.2687 on Tuesday, down 171 basis points from the previous trading day, and the central parity rate was raised by 7 basis points [55] Upcoming Events - Key economic data such as South Korea's March CPI, Australia's February building permits, and the US March ADP employment data will be released [57] - Events include speeches by central bank officials, news conferences, and the release of monetary policy meeting minutes [59] - Domestic refined - oil prices will be adjusted, and Trump will announce tariff details [59] - New stocks will be listed, and companies such as Kweichow Moutai and Haitian Flavoring will release financial reports [59]