冠通期货早盘速递-20251119

Report Summary 1. Hot News - The US Patent and Trademark Office modified the transparency rules for patent invalidation applications, targeting foreign - affiliated companies, and some Chinese firms received notices. China's Ministry of Commerce responded that it violates international obligations and discriminates against Chinese enterprises, and will take measures to safeguard their rights [2] - In October, the unemployment rate of the urban labor force aged 16 - 24 (excluding students) was 17.3%, 7.2% for those aged 25 - 29, and 3.8% for those aged 30 - 59 [2] - The Guangzhou Futures Exchange will adjust the trading and intraday closing transaction fees of the lithium carbonate futures LC2601 contract to 0.012% of the trading volume starting from November 20 [2] - The total inventory of imported iron ore at 47 Chinese ports was 15,799,450 tons, a decrease of 20,040 tons from the previous Monday due to a decline in arrivals and unloading [2] - An 1.1 - million - ton granular urea plant in Iran's Hengam Petrochemical Project started trial production and is expected to be officially put into operation by the end of December. Iran's annual urea production capacity is about 8.9 million tons, and exports in the first nine months of this year dropped 34% due to production issues [3] 2. Sector Performance - Key sectors to watch: urea, coking coal, soda ash, PVC, and plastics [4] - Night - session performance: Non - metallic building materials rose 3.40%, precious metals 28.63%, oilseeds 10.08%, non - ferrous metals 23.43%, soft commodities 2.63%, coal, coke, steel, and minerals 12.73%, energy 2.92%, chemicals 10.93%, grains 1.20%, and agricultural and sideline products 4.05% [4] 3. Sector Positions - The report shows the five - day changes in commodity futures sector positions for November 12 - 18 [5] 4. Performance of Major Asset Classes | Category | Name | Daily Return (%) | Monthly Return (%) | Year - to - Date Return (%) | | --- | --- | --- | --- | --- | | Equity | Shanghai Composite Index | - 0.81 | - 0.38 | 17.54 | | | SSE 50 | - 0.30 | - 0.28 | 11.85 | | | CSI 300 | - 0.65 | - 1.56 | 16.09 | | | CSI 500 | - 1.17 | - 2.46 | 24.89 | | | S&P 500 | - 0.83 | - 3.26 | 12.51 | | | Hang Seng Index | - 1.72 | 0.09 | 29.26 | | | German DAX | - 1.85 | - 3.36 | 16.30 | | | Nikkei 225 | - 3.22 | - 7.08 | 22.08 | | | FTSE 100 | - 1.27 | - 1.70 | 16.88 | | Fixed - income | 10 - year Treasury futures | 0.03 | - 0.17 | - 0.39 | | | 5 - year Treasury futures | 0.03 | - 0.14 | - 0.58 | | | 2 - year Treasury futures | 0.01 | - 0.05 | - 0.47 | | Commodity | CRB Commodity Index | 0.57 | 0.27 | 2.24 | | | WTI Crude Oil | 1.30 | - 0.30 | - 15.61 | | | London Spot Gold | 0.55 | 1.60 | 54.97 | | | LME Copper | - 0.75 | - 1.78 | 21.82 | | | Wind Commodity Index | - 1.89 | - 3.36 | 26.25 | | Others | US Dollar Index | 0.06 | - 0.14 | - 8.19 | | | CBOE Volatility Index | 0.00 | 28.33 | 28.99 | [6]