玉米：窄幅震荡

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View - The corn market is in a narrow - range oscillation [1] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - Spot Prices: The Jinzhou closing price is 2,340 yuan/ton with a change of 5 yuan; the Guangdong Shekou price is 2,420 yuan/ton with a change of 10 yuan; the Shandong corn starch price is 2,770 yuan/ton with no change. The Northeast and North China acquisition average prices are not available [1] - Futures Prices: For C2603, the yesterday's closing price was 2,265 yuan/ton with a - 0.18% change, and the overnight closing price was 2,268 yuan/ton with a 0.13% change. For C2605, the yesterday's closing price was 2,274 yuan/ton with a - 0.13% change, and the overnight closing price was 2,275 yuan/ton with a 0.04% change [1] - Trading Volume and Open Interest: For C2603, the yesterday's trading volume was 318,218 lots with an increase of 59,456 lots, and the open interest was 440,400 lots with a decrease of 64,526 lots. For C2605, the yesterday's trading volume was 402,533 lots with an increase of 154,254 lots, and the open interest was 915,263 lots with an increase of 53,252 lots. The corn full - market trading volume was 763,697 lots with an increase of 222,048 lots, and the open interest was 1,789,347 lots with an increase of 823 lots [1] - Warehouse Receipts: The corn full - market warehouse receipts were 60,440 lots with no change [1] - Price Spreads: The main 03 basis was 75 yuan/ton, and the 03 - 05 inter - period spread was - 9 yuan/ton [1] 3.2 Macro and Industry News - The northern corn bulk ship collection port price is 2280 - 2290 yuan/ton, and the container first - class grain collection port price is 2310 - 2330 yuan/ton, both unchanged from yesterday. The Guangdong Shekou bulk ship quotation is 2400 - 2420 yuan/ton, and the container quotation is 2430 - 2450 yuan/ton, also unchanged from yesterday. Northeast deep - processing corn prices are partially lower, and North China corn prices show mixed trends. Imported sorghum and barley prices for different origins and shipping periods are provided [2] 3.3 Trend Intensity - The corn trend intensity is 0 [3]