股指期货将震荡偏弱国债期货将震荡偏强黄金、白银期货将偏强震荡铜、锡、多晶硅、焦煤、玻璃、原油、燃料油、天然橡胶期货将震荡偏弱焦煤、纯碱期货将偏弱震荡
Guo Tai Jun An Qi Huo·2025-10-13 05:11
  1. Report Industry Investment Ratings No specific industry investment ratings are provided in the report. 2. Core Viewpoints of the Report Based on macro - fundamental and technical analyses, the report predicts the trends of various futures contracts on October 13, 2025. Stock index futures are expected to oscillate weakly; ten - year and thirty - year treasury bond futures are likely to oscillate strongly; gold and silver futures are predicted to oscillate strongly; while copper, tin, polysilicon, coking coal, glass, crude oil, fuel oil, and natural rubber futures are expected to oscillate weakly [1][2]. 3. Summary by Relevant Catalogs 3.1 Futures Market Forecast - Stock Index Futures: IF2512, IH2512, IC2512, and IM2512 are expected to oscillate weakly. Resistance and support levels are provided for each contract [2]. - Treasury Bond Futures: The ten - year T2512 and thirty - year TL2512 are likely to oscillate strongly, with specific resistance and support levels [2]. - Precious Metal Futures: Gold (AU2512) and silver (AG2512) futures are expected to oscillate strongly, with resistance and support levels given [2][3]. - Base Metal Futures: Copper (CU2511), aluminum (AL2511), alumina (AO2601), zinc (ZN2511), nickel (NI2511), and tin (SN2511) futures are expected to oscillate weakly, with corresponding resistance and support levels [3][4]. - Other Commodity Futures: Polysilicon (PS2511), lithium carbonate (LC2511), rebar (RB2601), hot - rolled coil (HC2601), iron ore (I2601), coking coal (JM2601), glass (FG601), soda ash (SA601), crude oil (SC2511), fuel oil (FU2601), PTA (TA601), PVC (V2601), soybean meal (M2601), soybean oil (Y2601), palm oil (P2601), and natural rubber (RU2601) futures are expected to oscillate weakly, with resistance and support levels provided. Methanol (MA601) is expected to have a wide - range oscillation [6][7][8]. 3.2 Macro - news and Trading Tips - China will impose a special port fee on US - related ships starting from October 14 in response to the US's 301 investigation restrictions on China's shipbuilding and other industries [9]. - Chinese Vice - Premier He Lifeng met with executives of well - known multinational companies, stating that China will continue to expand high - level opening - up [9]. - Vice - Premier Zhang Guoqing investigated the development of specialized and sophisticated enterprises with unique features in Zhejiang [9]. - The Ministry of Commerce responded to US tariff threats, stating that China is opposed to tariff wars and will take corresponding measures if the US persists [10][11]. - The market regulatory authority launched an investigation into Qualcomm for its illegal acquisition of Autotalks [11][12]. - The central bank announced the liquidity injection in September, with SLF, MLF, short - term reverse repurchase, and buy - out reverse repurchase having net injections, while PSL had a net withdrawal [11]. 3.3 Commodity Futures - related Information - The Shanghai Futures Exchange adjusted the daily price limit and margin ratios for nickel, tin, butadiene rubber, natural rubber, pulp, and offset printing paper futures contracts starting from the settlement on October 14 [15]. - The Shanghai International Energy Exchange adjusted the daily price limit and margin ratios for 20 - gauge rubber and container freight index (European line) futures contracts starting from the settlement on October 14 [16]. - On October 10, international precious metal futures generally rose, with COMEX gold rising 1.58% and COMEX silver rising 0.76%. International oil prices fell, with WTI crude oil falling 5.32% and Brent crude oil falling 4.8%. London base metals fell across the board [16][17]. 3.4 Futures Market Analysis and Forecast - Stock Index Futures: On October 10, IF2512, IH2512, IC2512, and IM2512 all opened slightly lower, rebounded but faced resistance and then declined. Short - term downward pressure increased. In the future, they are expected to have a weakly wide - range oscillation in October 2025 [18][19][20]. - Treasury Bond Futures: On October 10, ten - year and thirty - year treasury bond futures closed lower. The ten - year T2512 and thirty - year TL2512 are expected to oscillate strongly on October 13 [40][44]. - Gold Futures: On October 10, the gold futures AU2512 opened slightly higher, then declined. In the night session, it opened slightly higher and oscillated upwards. It is expected to oscillate strongly in October 2025 and reach new highs [48]. - Silver Futures: On October 10, the silver futures AG2512 opened with a gap up, then declined. It is expected to oscillate strongly in October 2025 and reach new highs [53]. - Copper Futures: On October 10, the copper futures CU2511 opened higher, then declined. It is expected to oscillate weakly on October 13 [60]. - Aluminum Futures: On October 10, the aluminum futures AL2511 opened slightly higher, then declined slightly. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [65]. - Alumina Futures: On October 10, the alumina futures AO2601 opened slightly higher, then declined. It is expected to have a weakly wide - range oscillation in October 2025 and oscillate weakly on October 13 [71]. - Zinc Futures: On October 10, the zinc futures ZN2511 opened slightly higher, then declined slightly. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [75]. - Nickel Futures: On October 10, the nickel futures NI2511 opened slightly lower, then declined. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [80]. - Tin Futures: On October 10, the tin futures SN2511 opened slightly higher, then declined slightly. It is expected to have a strongly wide - range oscillation in October 2025 and oscillate weakly on October 13 [84]. - Polysilicon Futures: On October 10, the polysilicon futures PS2511 opened slightly lower, then declined. It is expected to oscillate weakly on October 13 [89]. - Lithium Carbonate Futures: On October 10, the lithium carbonate futures LC2511 opened slightly lower, then declined. It is expected to have a weakly wide - range oscillation in October 2025 and oscillate weakly on October 13 [89][90]. - Rebar Futures: On October 10, the rebar futures RB2601 opened slightly higher, then declined slightly. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [94]. - Hot - rolled Coil Futures: On October 10, the hot - rolled coil futures HC2601 opened slightly higher, then declined slightly. It is expected to oscillate weakly on October 13 [99]. - Iron Ore Futures: On October 10, the iron ore futures I2601 opened slightly higher, then had a strong oscillation. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [102]. - Coking Coal Futures: On October 10, the coking coal futures JM2601 opened slightly higher, then declined slightly. It is expected to have a wide - range oscillation in October 2025 and oscillate weakly on October 13 [106]. - Glass Futures: On October 10, the glass futures FG601 opened slightly higher, then declined. It is expected to have a weakly wide - range oscillation in October 2025 and oscillate weakly on October 13 [109]. - Soda Ash Futures: On October 10, the soda ash futures SA601 opened slightly higher, then declined. It is expected to have a weakly wide - range oscillation in October 2025 and oscillate weakly on October 13 [112]. - Crude Oil Futures: On October 10, the crude oil futures SC2511 opened flat, then declined. It is expected to oscillate weakly in October 2025 and on October 13 [115]. - Fuel Oil Futures: On October 10, the fuel oil futures FU2601 opened slightly lower, then declined. It is expected to oscillate weakly on October 13 [119]. - PTA Futures: On October 10, the PTA futures TA601 opened slightly lower, then declined. It is expected to oscillate weakly on October 13 [119][120]. - PVC Futures: On October 10, the PVC futures V2601 opened slightly higher, then declined. It is expected to oscillate weakly on October 13 [123]. - Methanol Futures: On October 10, the methanol futures MA601 opened flat, then oscillated upwards. It is expected to have a wide - range oscillation on October 13 [125]. - Soybean Meal Futures: On October 10, the soybean meal futures M2601 opened slightly higher, then declined slightly. It is expected to oscillate weakly on October 13 [127]. - Soybean Oil Futures: On October 10, the soybean oil futures Y2601 opened slightly lower, then declined slightly. It is expected to oscillate weakly on October 13 [129]. - Palm Oil Futures: On October 10, the palm oil futures P2601 opened flat, then declined. It is expected to oscillate weakly on October 13 [132]. - Natural Rubber Futures: On October 10, the natural rubber futures RU2601 opened slightly higher, then declined. It is expected to oscillate weakly on October 13 [135].