股指期货将震荡整理集运欧线期货将震荡偏强黄金、白银、苯乙烯、PTA 期货将偏强震荡螺纹钢、铁矿石、玻璃、纯碱、PVC 期货将偏弱震荡，焦煤期货将震荡偏弱

Report Industry Investment Rating No relevant content provided. Core View of the Report Through macro - fundamental analysis and technical analysis using tools such as the Fibonacci retracement, horizontal lines, and moving averages, the report anticipates the following trends for major futures contracts on May 16, 2025: stock index futures will fluctuate and consolidate; 10 - year and 30 - year treasury bond futures will likely experience wide - range fluctuations; gold, silver, copper, aluminum, alumina, PTA, and styrene futures will likely fluctuate with an upward bias; rebar, hot - rolled coil, iron ore, coking coal, glass, soda ash, methanol, soybean meal, and PVC futures will likely fluctuate with a downward bias; crude oil futures will fluctuate and consolidate; and container shipping index (European line) futures will likely fluctuate with a slight upward bias [2]. Summary by Relevant Catalogs 1. Macro News and Trading Tips - China's economic policies include promoting domestic circulation, urban renewal, and technological finance. Tax data shows accelerated enterprise sales growth in April, with a 4.3% year - on - year increase in national enterprise sales revenue and a 6.5% increase in construction industry sales revenue. The "Swap Connect" product types are to be enriched [7][8]. - Internationally, the Fed is considering adjusting its monetary policy framework, and Powell predicts a 2.2% year - on - year increase in US PCE in April. The US and Iran are negotiating a nuclear deal. The EU is revising its trade agreement proposal with the US. The UK's Q1 GDP grew by 0.7% quarter - on - quarter [9][11][12]. 2. Commodity Futures - Related Information - On May 15, international precious metal futures generally rose, with COMEX gold futures up 1.74% and COMEX silver futures up 1.07%. International oil prices dropped significantly, with US crude oil down 2.31% and Brent crude down 2.22%. London base metals closed mixed [12][13]. - The IEA expects global oil demand growth to slow to 650,000 barrels per day for the rest of the year and has lowered its forecast for US shale oil production for the second consecutive month [13]. 3. Futures Market Analysis and Outlook Stock Index Futures - On May 15, major stock index futures contracts such as IF2506, IC2506, and IM2506 opened slightly lower, rebounded but faced resistance, and then declined. A - shares weakened, with a total trading volume of 1.19 trillion yuan. High - frequency data shows that Goldman Sachs has raised its 12 - month target prices for the MSCI China Index and the CSI 300 Index [14][15][16]. - It is expected that in May 2025, major stock index futures contracts will likely fluctuate with an upward bias in a wide range. On May 16, they will fluctuate and consolidate [18][19]. Treasury Bond Futures - On May 15, the 10 - year treasury bond futures contract T2506 opened slightly higher, fluctuated slightly upward, and the 30 - year contract TL2506 also opened slightly higher and rose. The central bank conducted 645 billion yuan of 7 - day reverse repurchase operations, resulting in a net withdrawal of 2.191 trillion yuan [39][44]. - It is expected that on May 16, the 10 - year and 30 - year treasury bond futures contracts will likely experience wide - range fluctuations [41][46]. Precious Metal Futures - On May 15, gold and silver futures contracts AU2508 and AG2508 opened lower, rebounded but faced resistance, and then declined. International precious metal futures generally rose on the same day [46][51]. - It is expected that in May 2025, gold futures will likely fluctuate with a downward bias in a wide range, and silver futures will likely fluctuate in a wide range. On May 16, both will likely fluctuate with an upward bias [48][49][51]. Base Metal Futures - On May 15, copper, aluminum, and alumina futures contracts opened slightly lower or higher, rebounded but faced resistance, and then showed different trends. It is expected that in May 2025, these futures will likely fluctuate with an upward bias, and on May 16, they will also likely fluctuate with an upward bias [58][62][68]. Building Materials and Energy Futures - On May 15, rebar, hot - rolled coil, iron ore, coking coal, glass, soda ash, and PVC futures contracts generally opened slightly lower, rebounded but faced resistance, and then showed downward - biased fluctuations. Crude oil futures contracts opened slightly lower and declined significantly [74][79][94]. - It is expected that in May 2025, rebar, iron ore, and crude oil futures will likely fluctuate with an upward bias in a wide range. On May 16, rebar, hot - rolled coil, iron ore, coking coal, glass, soda ash, and PVC futures will likely fluctuate with a downward bias, and crude oil futures will fluctuate and consolidate [74][80][94]. Chemical Futures - On May 15, PTA, styrene, and methanol futures contracts opened slightly lower, rebounded but faced resistance, and then showed different trends. It is expected that on May 16, PTA and styrene futures will likely fluctuate with an upward bias, and methanol futures will likely fluctuate with a downward bias [100][105][108]. Agricultural Futures - On May 15, the soybean meal futures contract opened slightly lower, rebounded slightly, and then showed a slight upward trend. It is expected that on May 16, it will likely fluctuate with a downward bias [110]. Container Shipping Index (European Line) Futures - On May 15, the container shipping index (European line) futures contract EC2508 opened with a large gap up, fluctuated upward significantly, and then showed a strong upward trend. It is expected that on May 16, it will likely fluctuate with a slight upward bias [112].