黄金：地缘政治局势缓解白银：跌落震荡平台铜：风险情绪回升，价格上涨

1. Report Industry Investment Ratings The document does not provide an overall industry investment rating. 2. Core Views of the Report - The report provides a comprehensive analysis of various commodities in the futures market, including precious metals, base metals, energy, agricultural products, etc., and gives corresponding trend forecasts and analysis of influencing factors for each commodity [1][2]. 3. Summary by Commodity Category Precious Metals - Gold: Geopolitical tensions ease, and the trend strength is 0 [2][5]. - Silver: Drops from the trading range, and the trend strength is 0 [2][5]. - Platinum: The situation reverses and rebounds, with a trend strength of 1 [2][25]. - Palladium: Rebounds upwards, with a trend strength of 1 [2][25]. Base Metals - Copper: Risk sentiment improves, and prices rise. The trend strength is 1 [2][8]. - Zinc: Runs strongly, with a trend strength of 1 [2][11]. - Lead: Overseas inventories decline, supporting prices. The trend strength is 0 [2][14]. - Tin: Oscillates strongly, with a trend strength of 1 [2][18]. - Aluminum: Supply pressure persists. The trend strength is 1 [2][21]. - Alumina: The oversupply situation remains unchanged. The trend strength is -1 [2][21]. - Cast Aluminum Alloy: Follows the trend of electrolytic aluminum. The trend strength is 1 [2][21]. - Nickel: Inventory accumulation slows down marginally, and the ore end supports the upward shift of the pyrometallurgical cost. The trend strength is 0 [2][30]. - Stainless Steel: The price oscillates due to the game between demand and cost. The trend strength is 0 [2][30]. Energy and Chemicals - Crude Oil: The document does not directly cover crude oil, but it mentions the impact of geopolitical factors on energy prices [68][69]. - Methanol: Oscillates at a high level. The trend strength is 0 [2][101]. - Urea: Oscillates in the short - term. The trend strength is 0 [2][107]. - Benzene: Oscillates strongly. The trend strength is 0 [2][110]. - PTA: In a short - term oscillatory market. The trend strength is -1 [2][68]. - MEG: In a short - term oscillatory market. The trend strength is -1 [2][68]. - Rubber: Widely oscillates. The trend strength is 0 [2][76]. - Synthetic Rubber: Widely oscillates within the day. The trend strength is 0 [2][79]. - LLDPE: Supply contraction continues, and the structure is differentiated. The trend strength is 1 [2][83]. - PP: The supply is strongly supported by increased cracking and PDH maintenance in April. The trend strength is 1 [2][84]. - Caustic Soda: The valuation is at a low level. The trend strength is 1 [2][89]. - Paper Pulp: Oscillates. The trend strength is 0 [2][93]. - Glass: The price of the original sheet is stable. The trend strength is 0 [2][98]. - Soda Ash: The spot market changes little. The trend strength is 0 [2][116]. - LPG: Geopolitical risks remain, and supply disruptions occur frequently. The trend strength is 1 [2][121]. - Propylene: The fundamentals are supportive, and the trend remains strong. The trend strength is 1 [2][122]. - PVC: Widely oscillates. The trend strength is 0 [2][130]. - Fuel Oil: Drops at the night session and remains high in the short - term. The trend strength is 0 [2][133]. - Low - Sulfur Fuel Oil: Relatively stronger than high - sulfur fuel oil, and the spot price spread between high - and low - sulfur fuel oil rebounds overseas. The trend strength is 0 [2][133]. Agricultural Products - Palm Oil: Stimulated by B50 news, it shows a short - term strong performance. The trend strength is 1 [2][161]. - Soybean Oil: The sown area is lower than expected, boosting the sentiment of the soybean sector. The trend strength is 0 [2][161]. - Soybean Meal: The USDA area report is bullish, and the market may rebound. The trend strength is 1 [2][170]. - Soybean: The spot price is stable, and the market rebounds and oscillates. The trend strength is 0 [2][170]. - Corn: Oscillates. The trend strength is 0 [2][173]. - Sugar: Oscillates within a range. The trend strength is 0 [2][177]. - Cotton: Attention should be paid to the new domestic crop planting. The trend strength is 0 [2][181]. - Eggs: Wait for opportunities to short at high prices in the far - month contracts. The trend strength is 0 [2][185]. - Hogs: The L - bottom expectation is recognized, and the central price continues to decline. The trend strength is -1 [2][188]. - Peanuts: Pay attention to the purchases of oil mills. The trend strength is 0 [2][192]. Others - Iron Ore: The resumption of hot metal production is slow, and ore prices are under pressure. The trend strength is -1 [2][48]. - Rebar: The market sentiment is weak, and the price oscillates repeatedly. The trend strength is 0 [2][52]. - Hot - Rolled Coil: The market sentiment is weak, and the price oscillates repeatedly. The trend strength is 0 [2][52]. - Silicon Ferrosilicon: The market trading sentiment fluctuates, and the futures price oscillates weakly. The trend strength is -1 [2][57]. - Manganese Silicide: The expected demand from the ore end tightens, and the futures price oscillates weakly. The trend strength is -1 [2][57]. - Coke: Oscillates weakly. The trend strength is -1 [2][60]. - Coking Coal: Oscillates weakly. The trend strength is -1 [2][60]. - Log: The demand improves, and the price oscillates at a high level. The trend strength is 0 [2][64]. - Container Freight Index (European Line): The spot loading is under pressure. The 04 contract oscillates and consolidates, and the far - month contracts fluctuate with geopolitical factors. The trend strength is 0 [2][135]. - Short - Fiber: Oscillates at a high level. The trend strength is 0 [2][148]. - Bottle Chip: Oscillates at a high level. The trend strength is 0 [2][148]. - Offset Printing Paper: Adopt a wait - and - see approach. The trend strength is 0 [2][151].