南华商品指数周报2025年12月5日-20251205

Report Investment Rating - No investment rating information is provided in the report. Core View - This week, the Nanhua Composite Index rose 24.64 points, or 0.97%. The most influential varieties were copper and silver, with the copper variety index rising 6.2% and contributing 0.47%, and the silver variety index rising 7.54% and contributing 0.46%. The Nanhua Industrial Products Index rose 12.72 points, or 0.36%. The most influential varieties were copper and aluminum, with the copper variety index contributing 0.53% and the aluminum variety index contributing 0.18%. The Nanhua Metal Index rose 112.05 points, or 1.72%. The most influential variety was copper, contributing 1.05%. The Nanhua Energy and Chemical Index fell 16.75 points, or -1.08%. The most influential variety was glass, contributing -0.21%. The Nanhua Agricultural Products Index fell 3.35 points, or -0.32%. The most influential variety was live pigs, contributing -0.23% [1][2]. Summary by Directory 1. Weekly Data Overview - Index Performance: The Nanhua Composite Index closed at 2577.08 this week, up 24.64 points from last week, with a gain of 0.97%. The Nanhua Precious Metals Index closed at 1664.41, up 55.14 points, or 3.43%. The Nanhua Industrial Products Index closed at 3511.97, up 12.72 points, or 0.36%. The Nanhua Metal Index closed at 6612.13, up 112.05 points, or 1.72%. The Nanhua Energy and Chemical Index closed at 1537.11, down 16.75 points, or -1.08%. The Nanhua Non - Ferrous Metals Index closed at 1808.01, up 41.86 points, or 2.37%. The Nanhua Black Index closed at 2512.02, up 19.53 points, or 0.78%. The Nanhua Agricultural Products Index closed at 1053.88, down 3.35 points, or -0.32% [3]. - Arbitrage Data: In the comparison of Nanhua commodity index ratios, the ratio of the precious metals index to the composite index increased from 0.630 to 0.646, with a change of 0.015367754 and a ranking of 0.999. The ratio of the industrial products index to the composite index decreased from 1.371 to 1.363, with a change of -0.008172839 and a ranking of 0.084. The ratio of the metal index to the industrial products index increased from 1.858 to 1.883, with a change of 0.025179206 and a ranking of 0.972 [9]. 2. Weekly Data of Nanhua Sector Indexes - Nanhua Industrial Products Index: The most influential varieties were copper, aluminum, and pulp. Copper contributed 0.53%, aluminum contributed 0.18%, and pulp contributed 0.12% [14]. - Nanhua Metal Index: The most influential varieties were copper, aluminum, and rebar. Copper contributed 1.05%, aluminum contributed 0.35%, and rebar contributed 0.23% [14]. - Nanhua Energy and Chemical Index: The most influential varieties were glass, natural rubber, and liquefied petroleum gas. Glass contributed -0.21%, natural rubber contributed -0.17%, and liquefied petroleum gas contributed a certain negative value [14]. - Nanhua Agricultural Products Index: The most influential varieties were live pigs, sugar, and soybean meal. Live pigs contributed -0.23%, sugar contributed -0.10%, and soybean meal contributed -0.09% [14]. - Nanhua Black Index: The most influential varieties were rebar, manganese silicon, and stainless steel. Rebar contributed 0.45%, manganese silicon contributed 0.10%, and stainless steel contributed 0.09% [15]. - Nanhua Non - Ferrous Metals Index: The most influential varieties were copper, aluminum, and zinc. Copper contributed 1.87%, aluminum contributed 0.64%, and zinc contributed 0.36% [17]. 3. Contribution of Each Variety's Daily Fluctuation to Index Fluctuation - The weekly average position of copper increased by 15.06%, with a position - holding ratio of 1.48%. The weekly average position of soybean meal was 3789097 hands, with a position - holding ratio of 9.15% and a year - on - year increase of - 0.11%. The weekly average position of sugar was 2293526 hands, with a position - holding ratio of 5.54% and a year - on - year increase of 6.74% [19].