广发期货日评-20260311

Report Industry Investment Rating - Not provided in the report Core Viewpoints - The meetings this week met expectations, with structural transformation and upgrading as the highlights, slightly stabilizing market sentiment. Geopolitical conflicts in the Middle East may gradually ease as the possibility of subsequent negotiations increases, but uncertainties remain high. It is recommended to wait for a clearer macro - situation before taking action [2] - Geopolitical conflicts cause continuous liquidity disturbances, and capital reduction puts pressure on precious metal prices. Different precious metals have different trends and corresponding operational suggestions [2] - Steel prices maintain a volatile trend, and the supply pressure of iron ore remains. Other ferrous metal products also show different trends and have corresponding trading suggestions [2] - Non - ferrous metals show different trends due to factors such as supply and demand, inventory, and geopolitical risks, with corresponding trading strategies [2] - New energy products are affected by macro and supply - side uncertainties, showing a wide - range adjustment or volatile trend [2] - Energy and chemical products are affected by factors such as geopolitical conflicts, supply and demand, and cost. Different products have different trends and trading suggestions [2] - Agricultural products show different trends. For example, oilseeds are driven by crude oil to rise, while other products such as sugar, cotton, etc. have their own characteristics and corresponding trading strategies [2] Summary by Catalog Index - This week's meetings met expectations, with structural transformation and upgrading as the highlights, slightly stabilizing market sentiment. Geopolitical conflicts in the Middle East may gradually ease as the possibility of subsequent negotiations increases, but uncertainties remain high. It is recommended to wait and see, reduce operations, maintain a low position, and wait for a clearer macro - situation [2] Precious Metals - Gold is seeking support at the 20 - day moving average, with a volatile short - term trend. It is recommended to wait and see, take profits on long positions at high prices, or sell out - of - the - money call options to protect long positions. Silver is affected by geopolitical risks, fluctuating and testing the support of the 60 - day moving average. It is recommended to sell out - of - the - money call options to earn time value. Platinum and palladium are supported by supply expectations but are dragged down by gold and silver, maintaining a weak and volatile short - term trend. It is recommended to sell out - of - the money call options [2] Ferrous Metals - Steel prices maintain a volatile trend, and attention should be paid to the demand after the holiday. The price of iron ore is in a range - bound state, and the supply pressure remains. Other ferrous metal products such as coking coal, coke, etc. also have corresponding trading suggestions based on their supply - demand situations [2] Non - Ferrous Metals - Non - ferrous metals such as copper, aluminum, zinc, etc. show different trends due to factors such as supply - demand mismatch, inventory changes, and geopolitical risks. Different trading strategies are recommended for different metals, such as short - term waiting and long - term buying at low prices [2] New Energy - New energy products such as industrial silicon, polysilicon, and lithium carbonate are affected by macro and supply - side uncertainties, showing a wide - range adjustment or volatile trend. It is recommended to wait and see or take corresponding actions according to the market situation [2] Energy and Chemicals - Energy and chemical products are affected by factors such as geopolitical conflicts, supply - demand changes, and cost. For example, crude oil, PX, PTA, etc. have different trends and trading suggestions, such as holding long positions cautiously or rolling low - buying [2] Agricultural Products - Agricultural products such as oilseeds, grains, and livestock products show different trends. For example, oilseeds are driven by crude oil to rise, while other products such as sugar, cotton, etc. have their own characteristics and corresponding trading strategies [2]