早盘速递-20260323

Key Points Summary Hot News - Trump said he could talk to Iran but didn't want a cease - fire currently, and was confident the Strait of Hormuz would "automatically" reopen. He criticized NATO's performance on the Iran issue. US military officials prepared for deploying ground troops to Iran. Iran threatened to strike US and Israeli "evil officials", and the Yemeni Houthi rebels might block the Bab - el - Mandeb Strait. Switzerland suspended exporting war materials to the US [2] - South Korea and Bahrain joined the "Joint Statement on the Strait of Hormuz" issued by 7 countries including the UK, France, etc., which condemned Iran's de - facto blockade of the Strait of Hormuz [2] - China's March LPR remained unchanged for 10 consecutive months, with the 1 - year at 3.0% and the 5 - year - plus at 3.5% [2] - China's National Development and Reform Commission and the Ministry of Agriculture and Rural Affairs held a symposium with pig - farming enterprises, requiring them to implement production - capacity control measures, adjust the inventory of breeding sows and control the number of pig slaughter [2] - The Guangzhou Futures Exchange adjusted the minimum opening and closing order quantities of platinum and palladium futures contracts from March 24. The daily price limit was adjusted to 17%, and the trading margin standard to 19% [3] Focus Commodities - Focus on urea, coking coal, liquefied gas, plastic, and PVC [4] Night - session Performance - The night - session performance of different commodity sectors: non - metallic building materials rose 2.48%, precious metals 26.75%, oilseeds 8.96%, soft commodities 2.42%, non - ferrous metals 22.49%, coal - coking - steel - ore 9.36%, energy 8.46%, chemicals 15.09%, grains 1.05%, and agricultural and sideline products 2.95% [4] Position Changes - The position changes of commodity futures sectors in the past five days are presented, including Wind agricultural and sideline products, Wind grains, etc. [5] Performance of Major Asset Classes - Equity: The Shanghai Composite Index had a daily decline of 1.24%, a monthly decline of 4.94%, and an annual decline of 0.30%. Other equity indices also had different levels of decline or increase [6] - Fixed - income: 10 - year, 5 - year, and 2 - year treasury bond futures all had slight declines [6] - Commodities: The CRB commodity index rose 0.80% daily, 17.41% monthly, and 22.87% annually. WTI crude oil had significant increases, while London spot gold and LME copper declined [6] - Others: The US dollar index rose, and the CBOE volatility index had a large increase [6] Major Commodity Trends - The trends of major commodities are presented, including the Baltic Dry Index, CRB spot index, WTI crude oil, London spot gold and silver, LME copper, etc., as well as the ratios of gold to oil and copper to gold [7]