冠通期货早盘速递-20260325

Group 1: Hot News - The US government proposed a 15 - condition conflict - ending plan to Iran through Pakistan, including requirements on nuclear plans, missile capabilities, and regional issues. In exchange, Iran may get sanctions lifted, US support for civilian nuclear projects, and the cancellation of the "snap - back sanctions" mechanism. The US is considering a one - month cease - fire for further negotiations [2] - The preliminary value of the US S&P Global Composite PMI in March dropped to 51.4, a 11 - month low. Manufacturing PMI rose to 52.4, while services PMI dropped to 51.1, also a 11 - month low [2] - The Eurozone's S&P Global Composite PMI in March fell from 51.9 in February to 50.5, the lowest since last May. Manufacturing PMI rose to 51.4, a 45 - month high, but services PMI dropped from 51.9 to 50.1, far below the expected 51.1. German and French services PMIs both declined significantly [3] - In February 2026, global crude steel production was 141.8 million tons, a year - on - year decrease of 2.2%. From January to February 2026, it was 298.2 million tons, a 1.5% year - on - year decrease. In February, China's steel production was 76.09 million tons, a 3.6% year - on - year decrease [3] - The Zhengzhou Commodity Exchange decided to adjust the minimum opening order volume of the apple futures 2605 contract to 2 lots starting from March 25, 2026 [3] Group 2: Key Focus and Night - session Performance - Key focus: urea, lithium carbonate, liquefied gas, crude oil, plastic [4] - Night - session performance: Non - metallic building materials had a 2.54% increase, precious metals 25.11%, oilseeds and oils 8.89%, soft commodities 2.47%, non - ferrous metals 22.38%, coal, coke, steel and ore 10.37%, energy 8.45%, chemicals 15.74%, grains 1.11%, and agricultural and sideline products 2.92% [4] Group 3: Plate Positions - The document shows the changes in the positions of commodity futures plates in the past five days, including Wind agricultural and sideline products, Wind grains, Wind chemicals, Wind energy, Wind coal, coke, steel and ore, Wind non - ferrous metals, Wind commodity composite, Wind soft commodities, Wind oilseeds and oils, Wind precious metals, and Wind non - metallic building materials [5] Group 4: Performance of Major Asset Classes - Equity: Shanghai Composite Index rose 1.78% daily, - 6.76% monthly, - 2.21% year - to - date; S&P 500 dropped 0.37% daily, - 4.69% monthly, - 4.22% year - to - date, etc. [6] - Fixed - income: 10 - year treasury bond futures rose 0.02% daily, - 0.21% monthly, 0.28% year - to - date; 5 - year treasury bond futures had no daily change, - 0.08% monthly, 0.15% year - to - date, etc. [6] - Commodity: CRB commodity index rose 2.43% daily, 14.90% monthly, 20.24% year - to - date; WTI crude oil rose 0.40% daily, 31.61% monthly, 53.88% year - to - date, etc. [6] - Other: US dollar index rose 0.07% daily, 1.62% monthly, 0.98% year - to - date; CBOE volatility rose 3.06% daily, 35.70% monthly, 80.27% year - to - date [6] Group 5: Main Commodity Trends - The document shows trends of various commodities such as the Baltic Dry Index, CRB spot index, WTI crude oil, London spot gold, London spot silver, LME copper, CBOT soybeans, CBOT corn, and also includes ratios like the gold - oil ratio and copper - gold ratio, as well as risk premiums [7]