广发期货日评-20260129

Group 1: Report Industry Investment Ratings - No relevant content found Group 2: Core Views of the Report - The market trading divergence is obvious, and the macro - impact uncertainty is amplified this week due to the Fed's interest - rate decision. It is recommended to control portfolio risks, reduce futures positions in a timely manner, and try double - buying to increase volatility [3]. - The bond market lacks a new main - line driver, and the 10 - year Treasury bond rate may face significant resistance around 1.8%, with short - term fluctuations in the 1.8% - 1.85% range. The T2603 contract may fluctuate in the 108 - 108.3 range. It is advisable to maintain range - bound operations for the unilateral strategy and arrange position transfers in advance before the Spring Festival [3]. - The precious metals market is boosted by safe - haven sentiment and supply - demand factors, but silver price fluctuations are large in the short term. Platinum's upward space may be limited, and it is advisable to go long on gold futures at low prices [3]. - The steel price is stable, and the spread between hot - rolled coils and rebar is widening. It is advisable to hold the long position of the spread between hot - rolled coils and rebar [3]. - For iron ore, as the steel mill's replenishment is nearing the end, it is advisable to short around 800 [3]. - For coking coal and coke, they are regarded as bearish in the short - term, and the strategy of going long on coking coal and short on coke can be considered [3]. - For copper, it is advisable to take profits on long positions at high prices [3]. - For aluminum, it is not advisable to chase the rise, and it is recommended to go long after a pullback [3]. - For zinc, it is advisable to go long at low prices in the long - term and hold the cross - market reverse arbitrage [3]. - For tin, it is advisable to be cautious in the short - term and try to go long at low prices after the sentiment stabilizes [3]. - For various chemical products, their price trends and corresponding operation suggestions vary. For example, for PX and PTA, they are expected to be bullish in the medium - term but fluctuate in the short - term; for short - staple fiber, it follows the raw material fluctuations, etc. [3]. - For agricultural products, their price trends also vary. For example, palm oil is expected to be bullish, while jujube is expected to be bearish in the short - term [3]. Group 3: Summaries by Related Catalogs Daily Selected Views - Aluminum (AL2603): Bullish [3] - Methanol (MA2605): Bullish with a sideways trend [3] - Iron ore (I2605): Bearish adjustment [3] - Palm oil (P2605): Bullish in the short - term [3] - Gold (AU2604): Bullish with a sideways trend [3] Full - Variety Daily Reviews Financial - Stock Index: The pro - cyclical sectors are rising, and the stock index is oscillating at a high level. It is recommended to control portfolio risks, reduce futures positions, and try double - buying to increase volatility [3]. - Treasury Bonds: The bond market is difficult to break through the range - bound oscillation in the short - term. It is advisable to maintain range - bound operations for the unilateral strategy and arrange position transfers in advance before the Spring Festival [3]. - Precious Metals: The precious metals market is boosted by safe - haven sentiment and supply - demand factors. It is advisable to take profits on long positions of gold at high prices, buy call options for silver, and go long on platinum futures at low prices [3]. - Container Shipping: The EC contract is oscillating upwards. It is advisable to observe cautiously [3]. Metals - Steel: The steel price is stable, and the spread between hot - rolled coils and rebar is widening. The rebar fluctuates in the 3000 - 3200 range, and the hot - rolled coil fluctuates in the 3150 - 3350 range. It is advisable to hold the long position of the spread between hot - rolled coils and rebar [3]. - Iron Ore: As the steel mill's replenishment is nearing the end, it is advisable to short around 800 [3]. - Coking Coal and Coke: They are regarded as bearish in the short - term, and the strategy of going long on coking coal and short on coke can be considered [3]. - Non - ferrous Metals: For copper, it is advisable to take profits on long positions at high prices; for aluminum, it is not advisable to chase the rise, and it is recommended to go long after a pullback; for zinc, it is advisable to go long at low prices in the long - term and hold the cross - market reverse arbitrage; for tin, it is advisable to be cautious in the short - term and try to go long at low prices after the sentiment stabilizes, etc. [3] Energy and Chemicals - Energy: For PX and PTA, they are expected to be bullish in the medium - term but fluctuate in the short - term; for short - staple fiber, it follows the raw material fluctuations; for ethanol, it is advisable to conduct positive arbitrage on EG5 - 9 and hold the seller position of the put option EG2605 - P - 3800 [3]. - Chemicals: For various chemical products such as PVC, urea, soda ash, glass, etc., their price trends and corresponding operation suggestions vary [3]. Agricultural Products - For palm oil, it is expected to be bullish; for jujube, it is expected to be bearish in the short - term; for other agricultural products, their price trends also vary [3].