股指期货将偏弱震荡，黄金、白银、铂、铂、铜、锡、碳酸锂期货将下探跌停板

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the trend, resistance, and support levels of various futures contracts on December 30, 2025, and the overall trend in December 2025 [2][5]. Summary by Related Catalogs Futures Market Overview - On December 29, 2025, the performance of various futures contracts was mixed. Some contracts showed upward trends, while others declined. The overall market was volatile [14][37]. Stock Index Futures - On December 29, 2025, IF2603, IH2603, IC2603, and IM2603 all faced downward pressure. The short - term downward pressure on IF2603 and IC2603 increased, while that on IH2603 and IM2603 increased slightly [14][15]. - It is expected that in December 2025, the main continuous contracts of stock index futures will likely show a relatively strong and volatile trend. On December 30, 2025, they will likely show a relatively weak and volatile trend [19][20]. Precious Metal Futures - Gold: On December 29, 2025, the main contract AU2602 opened slightly lower, with short - term upward momentum weakening and downward pressure increasing. It is expected to be relatively strong in December 2025 and reach a new high, and relatively weak on December 30, 2025 [37]. - Silver: On December 29, 2025, the new main contract AG2604 opened slightly lower, with short - term upward momentum weakening and downward pressure increasing slightly. It is expected to be relatively strong in December 2025 and reach a new high, and relatively weak on December 30, 2025 [41]. - Platinum: On December 29, 2025, the main contract PT2606 opened with a gap up and closed at the daily limit down. It is expected to be relatively strong in December 2025 and reach a new high, and relatively weak on December 30, 2025, with the price likely to hit the daily limit down [48]. - Palladium: On December 29, 2025, the main contract PD2606 opened with a large gap down and closed at the daily limit down. It is expected to be relatively strong in December 2025 and reach a new high, and relatively weak on December 30, 2025, with the price likely to hit the daily limit down [51]. Base Metal Futures - Copper: On December 29, 2025, the main contract CU2602 opened slightly lower and showed a slight upward trend. It is expected to be relatively strong in December 2025 and reach a new high, and relatively weak on December 30, 2025 [59][61]. - Aluminum: On December 29, 2025, the main contract AL2602 opened slightly lower and showed an upward trend. It is expected to be relatively strong in December 2025 and relatively weak on December 30, 2025 [66]. - Alumina: On December 29, 2025, the main contract AO2605 opened slightly higher and showed a downward trend. It is expected to be relatively strong and widely volatile in December 2025, and relatively weak on December 30, 2025 [71]. - Tin: On December 29, 2025, the main contract SN2602 opened slightly higher and showed a downward trend. It is expected to be relatively strong in December 2025 and relatively weak on December 30, 2025, with the price likely to hit the daily limit down [74]. Other Futures - Lithium Carbonate: On December 29, 2025, the main contract LC2605 opened slightly lower and closed at the daily limit down. It is expected to be relatively strong in December 2025 and relatively weak on December 30, 2025, with the price likely to hit the daily limit down [79]. - Rebar: On December 29, 2025, the main contract RB2605 opened flat and showed a slight upward trend. It is expected to be widely volatile in December 2025 and relatively strong on December 30, 2025 [81]. - Iron Ore: On December 29, 2025, the main contract I2605 opened flat and showed an upward trend. It is expected to be relatively strong in December 2025 and widely volatile on December 30, 2025 [87]. - Coking Coal: On December 29, 2025, the main contract JM2605 opened slightly lower and showed a downward trend. It is expected to be widely volatile and relatively weak in December 2025 and relatively strong on December 30, 2025 [92]. - Glass: On December 29, 2025, the main contract FG605 opened slightly lower and showed a downward trend. It is expected to be relatively weak in December 2025 and relatively strong on December 30, 2025 [97]. - Soda Ash: On December 29, 2025, the main contract SA605 opened slightly lower and showed a downward trend. It is expected to be relatively weak in December 2025 and relatively strong on December 30, 2025 [102]. Macro - news and Market Information - Domestic news includes military exercises by the Chinese People's Liberation Army, tariff adjustments, financial data of state - owned enterprises, regulatory policies of the State Administration for Market Regulation, and the implementation of the digital RMB interest - bearing plan [7][8]. - International news includes statements by US President Trump, the meeting between Trump and the Ukrainian President, the US government's investigation of large enterprises, and the increase in pending home sales in the US [8][9]. - Precious metals experienced a sharp decline on "Black Monday." The increase in trading margins by the CME Group led to a decline in international metal futures prices [9][10].