广发期货日评-20251112

Report Industry Investment Ratings - No specific industry investment ratings are provided in the report. 2. Core Viewpoints - The US dollar index has strengthened recently, suppressing the performance of risk assets, but domestic stock indices are resilient and continue to reduce volatility while waiting for stabilization [3]. - The 10 - year Treasury bond active bond 250016.IB may fluctuate between 1.75% - 1.82%, and with the restart of central bank Treasury bond trading and a loose monetary policy orientation, the top of interest rates and the bottom of Treasury bond futures are more solid [3]. - The buying power of gold and silver has increased, and their price centers are expected to continue to rise [3]. - Various commodities have different trends, and corresponding investment strategies are proposed for each commodity, such as buying on dips, holding long - positions, or conducting arbitrage operations [3]. 3. Summary by Relevant Catalogs Financial - Stock Index Futures: A - shares are in a re - pricing adjustment after the release of the third - quarter reports, with narrow - range callbacks and rebounds in the short term. It is recommended to wait and see mainly. In case of a deep one - day decline, a bullish put - option spread can be arranged [3]. - Treasury Bond Futures: The 10 - year Treasury bond active bond 250016.IB may fluctuate in the range of 1.75% - 1.82%. It is recommended to go long on dips in the unilateral strategy and pay attention to the positive arbitrage strategy due to the rising IRR [3]. - Precious Metals: The buying power of gold and silver has increased. Gold resistance is around $4190 (956 yuan), and it can be bought on dips below $4100 (936 yuan). Silver may rise to $52 (12000 yuan), and long - call options can be held [3]. - Container Shipping Index (European Line): The main contract is in a short - term shock, and it is recommended to buy on dips for the December contract [3]. Black - Steel: It is recommended to hold the arbitrage of going long on coking coal and short on hot - rolled coils, and take a wait - and - see attitude for single - side operations [3]. - Iron Ore: It is recommended to take a wait - and - see attitude for single - side operations, with a reference range of 750 - 800, and an arbitrage of going long on coking coal and short on iron ore is recommended [3]. - Coking Coal: It is expected to fluctuate in the range of 1170 - 1290, and a 1 - 5 positive arbitrage is recommended [3]. - Coke: It is expected to fluctuate in the range of 1650 - 1780, and a 1 - 5 positive arbitrage is recommended [3]. Non - ferrous - Copper: The end of the US government shutdown may drive the copper price to rebound, with the main contract reference range of 85500 - 87500 [3]. - Other Non - ferrous Metals: Each metal has its own price range and corresponding investment suggestions, such as holding long - positions for tin, and taking a wait - and - see or other strategies for others [3]. New Energy - Polysilicon: The price is expected to fluctuate in the range of 50000 - 58000 due to decreased demand and falling silicon wafer prices [3]. - Lithium Hydroxide: The price is in a moderate - amplitude shock adjustment, and attention should be paid to the performance at the previous high [3]. Energy and Chemical - PX, PTA, etc.: Each chemical product has its own price range and investment strategies, such as taking a wait - and - see attitude, reducing long - positions, or conducting arbitrage operations [3]. Agricultural Products - Soybeans, Hogs, etc.: Different agricultural products have different price trends and investment suggestions, such as holding a 3 - 7 reverse arbitrage for hogs and paying attention to support or pressure levels for others [3].