Report Industry Investment Rating No relevant content provided. Core Viewpoints - The market presents a complex situation with different trends for various varieties. Some are expected to be volatile, some show short - term strength or weakness, and investors need to adopt corresponding strategies according to different market conditions [2]. Summary by Directory Daily Selected Views - NI2602 is expected to be volatile and bullish; ethanol is in a weak trend; EG2605 and JM2605 are expected to be volatile and bullish; SR2605 is short - term bullish; for AU2602, it is recommended to buy on dips [2]. All - Variety Daily Reviews Equity Indexes - After the Bank of Japan's interest rate hike, the short - term negative factors are exhausted, and the index has rebounded. The main line is unclear, and the trading volume is insufficient to support an upward breakthrough. The trend is expected to be range - bound, and it is advisable to wait and see cautiously [2]. Treasury Bonds - With continuous loose liquidity, treasury bond futures have recovered. In the short - term, pay attention to the central bank's MLF injection and end - of - month treasury bond trading. For the unilateral strategy, consider buying T contracts on pullbacks; for the spot - futures strategy, participate in the 2603 contract's positive spread and basis widening strategy [2]. Precious Metals - Without clear negative factors, the short - term precious metals market will remain strong. Hold long positions, but beware of the risk of speculative long - position liquidation at high levels. For platinum and palladium, there is still a short - term correction risk [2]. Shipping and Metals - The EC main contract is in a downward trend, and short - term volatility is expected. Steel products are reducing production and inventory, and prices will remain range - bound. Iron ore prices are supported by the expected inventory replenishment of steel mills. Coking coal has rebounded from oversold levels, and coke is expected to be volatile. For non - ferrous metals, different varieties have different trends and corresponding trading strategies [2]. New Energy and Chemicals - New energy products such as polysilicon and lithium carbonate have different trends. In the chemical sector, PX and PTA are strong but should be treated with caution after a sharp rise. Other chemical products also have their own characteristics in terms of supply - demand and price trends, with corresponding trading suggestions [2]. Agricultural Products - Different agricultural products such as grains, oils, meats, and sugars have different trends. For example, soybeans are expected to be stable and bullish, while corn is expected to be volatile and bearish [2].
广发期货日评-20251224
Guang Fa Qi Huo·2025-12-24 05:34