股指期货将偏强震荡，黄金、铜期货将偏强震荡，原油期货将震荡偏强，玻璃、纯碱期货将偏弱震荡

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the trends of various futures on October 24, 2025, including the likely strong - side oscillations for stock index futures, gold, copper, etc., and weak - side oscillations for glass, soda ash, etc. [2][3][4] - The report also analyzes the market conditions of various futures on October 23, 2025, and gives the expected trends and support/resistance levels for the whole month of October 2025 [13][32][39] Summary by Directory 1. Futures Market Outlook - Stock Index Futures: On October 24, 2025, IF2512, IH2512, IC2512, and IM2512 are expected to have strong - side oscillations, with specific resistance and support levels provided [2][18] - Treasury Bond Futures: The ten - year T2512 and thirty - year TL2512 are likely to have wide - range oscillations on October 24, 2025, with corresponding resistance and support levels [3][34][36] - Precious Metal Futures: Gold futures AU2512 will likely have strong - side oscillations on October 24, 2025, and the continuous contract in October 2025 is expected to be strong - side oscillating and may reach new highs. Silver futures AG2512 will likely have oscillatory consolidation on October 24, 2025, and the continuous contract in October 2025 is expected to have strong - side wide - range oscillations [3][39][45] - Base Metal Futures: Copper, aluminum, and lithium carbonate futures are expected to have strong - side oscillations on October 24, 2025, while alumina futures will likely have weak - side oscillations. The continuous contracts of these metals in October 2025 also have corresponding expected trends [3][48][54][64] - Building Materials Futures: Rebar futures RB2601 and glass, soda ash futures are likely to have weak - side oscillations on October 24, 2025. Hot - rolled coil futures HC2601 will likely have oscillatory consolidation, and iron ore and coking coal futures will likely have wide - range oscillations [4][72][73][78] - Energy Futures: Crude oil futures SC2512 will likely have strong - side oscillations on October 24, 2025, and the continuous contract in October 2025 is expected to have weak - side oscillations. Fuel oil and natural rubber futures are expected to have strong - side oscillations on October 24, 2025 [5][91][95] 2. Macro News and Trading Tips - The Fourth Plenary Session of the 20th CPC Central Committee released a communiqué, setting the main goals for economic and social development during the 15th Five - Year Plan period [8] - China and the US will hold economic and trade consultations in Malaysia from October 24 - 27, 2025 [8] - Anshi China refuted the false remarks of the current management of Anshi in the Netherlands, and the issue of Anshi's supply may affect the global production of Japanese auto parts manufacturers [8] - The EU included Chinese enterprises in the 19th round of sanctions against Russia, and China urged the EU to stop this action [9] - The State - owned Assets Supervision and Administration Commission of the State Council held a symposium on the 15th Five - Year Plan for central enterprises, emphasizing industrial orientation [9] - The draft amendment to the Cybersecurity Law responds to the development needs of artificial intelligence, and the draft of the Ecological Environment Code will be reviewed for the second time [9] - In the first three quarters of 2025, the national electricity consumption reached 7.77 trillion kWh, a year - on - year increase of 4.6%, showing a quarterly recovery trend [9] - Russian President Putin said that new US sanctions on Russia would not have a major impact on the Russian economy, and the US may postpone a meeting [10] - The Trump administration is in early - stage discussions with quantum computing companies about potential financial support [10] - In September 2025, the sales of existing homes in the US increased slightly due to lower mortgage rates and slower price increases [10] 3. Futures Market Analysis and Outlook - Stock Index Futures: On October 23, 2025, the main contracts of CSI 300, SSE 50, CSI 500, and CSI 1000 stock index futures all showed a trend of first falling and then rising, with different degrees of increase. The overall A - share market rose slightly that day, and many foreign institutions are optimistic about the Chinese capital market [13][15][16] - Treasury Bond Futures: On October 23, 2025, treasury bond futures closed down across the board. The central bank conducted 2125 billion yuan of 7 - day reverse repurchase operations, with a net withdrawal of 235 billion yuan. The short - end Shibor varieties mostly declined [32][33] - Precious Metal Futures: Gold futures AU2512 declined on October 23, 2025, with increased downward pressure. Silver futures AG2512 rose slightly, showing signs of stabilizing and rebounding [39][45] - Base Metal Futures: Copper, aluminum, and alumina futures showed different degrees of increase on October 23, 2025, with different trends and support/resistance situations [48][54][58] - Building Materials Futures: Rebar, hot - rolled coil, iron ore, and coking coal futures all had certain increases on October 23, 2025, with different short - term trends and support/resistance levels [66][72][73][78] - Energy Futures: Crude oil futures SC2512 rose on October 23, 2025, with continued upward momentum. Fuel oil and natural rubber futures also showed upward trends [91][95]