冠通期货早盘速递-20251205

Report Summary 1. Hot News - Saudi Aramco set the price of "Arab Light Crude" for Asia in January next year at a premium of $0.6 per barrel to the Oman/Dubai crude oil average price, the lowest level since January 2021, due to global crude oil supply surplus pressure [2] - As of the week ending December 4, the production and apparent demand of rebar decreased for the second consecutive week, and factory and social inventories decreased for the eighth consecutive week. Rebar production was 1.8931 million tons, a decrease of 167,700 tons or 8.14% from the previous week; apparent demand was 2.1698 million tons, a decrease of 109,600 tons or 4.81% [2] - The CEO of Hapag - Lloyd said there is no specific timeline for the shipping industry to resume Suez Canal navigation. Any resumption will be gradual, with a 60 - 90 - day transition period to adjust logistics and avoid sudden port congestion. If the Suez Canal route re - opens in 2026, the industry will need several months to restart gradually [2] - From January to October 2025, global new energy passenger vehicle sales reached 17.36 million, a year - on - year increase of 30%. In October, sales were 2.11 million, a year - on - year increase of 17% and a month - on - month decrease of 3%. In the US, sales from January to October were 1.4 million, a 10% increase. In October, US new energy vehicle sales were 93,000, a year - on - year decrease of 32% and a month - on - month decrease of 51% due to high tariffs and the cancellation of new energy subsidies [2] - According to incomplete statistics from Fantang Technology, two more sugar mills in Guangxi started production. As of now, 44 sugar mills in the 2025/2026 crushing season in Guangxi have started production, 22 less than the same period last year, and the daily sugarcane crushing capacity is about 349,500 tons, a decrease of 193,500 tons year - on - year [3] 2. Key Attention - Key commodities to focus on are urea, lithium carbonate, silver, crude oil, and PP [4] 3. Night - session Performance 3.1 Plate Performance - Non - metallic building materials had a 2.71% increase; precious metals had a 30.02% increase; oilseeds had an 8.83% increase; non - ferrous metals had a 24.59% increase; soft commodities had a 2.83% increase; coal, coke, and steel ore had a 12.12% increase; energy had a 2.82% increase; chemicals had a 10.86% increase; grains had a 1.47% increase; and agricultural and sideline products had a 3.75% increase [4] 3.2 Plate Position - The document presents the position changes of commodity futures plates in the past five days, but specific data trends are mainly shown in the graph [5] 4. Performance of Major Asset Classes | Category | Name | Daily Change (%) | Monthly Change (%) | Year - to - Date Change (%) | | --- | --- | --- | --- | --- | | Equity | Shanghai Composite Index | - 0.06 | - 0.33 | 15.63 | | | SSE 50 | 0.38 | 0.16 | 10.79 | | | CSI 300 | 0.34 | 0.44 | 15.54 | | | CSI 500 | 0.24 | - 0.27 | 22.48 | | | S&P 500 | 0.11 | 0.12 | 16.59 | | | Hang Seng Index | 0.68 | 0.30 | 29.29 | | | German DAX | 0.87 | 0.26 | 20.04 | | | Nikkei 225 | 2.33 | 1.54 | 27.91 | | | FTSE 100 | 0.19 | - 0.10 | 18.82 | | Fixed - income | 10 - year Treasury bond futures | - 0.35 | - 0.25 | - 1.15 | | | 5 - year Treasury bond futures | - 0.24 | - 0.14 | - 0.89 | | | 2 - year Treasury bond futures | - 0.05 | - 0.01 | - 0.59 | | Commodity | CRB Commodity Index | 0.55 | 0.81 | 2.43 | | | WTI Crude Oil | 1.27 | 2.23 | - 16.99 | | | London Spot Gold | 0.12 | - 0.25 | 60.35 | | | LME Copper | - 0.47 | 2.31 | 30.21 | | | Wind Commodity Index | - 0.41 | 0.85 | 34.93 | | Other | US Dollar Index | 0.20 | - 0.38 | - 8.68 | | | CBOE Volatility Index | 0.00 | - 1.65 | - 7.32 | [6] 5. Main Commodity Trends - The document shows the trends of various commodities such as the Baltic Dry Index, CRB Spot Index, WTI crude oil, London spot gold, London spot silver, LME copper, CBOT soybeans, and CBOT corn through graphs, but specific data trends are mainly shown in the graphs [7]