广发期货日评-20260401

Report Summary 1. Report Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views - The Asia - Pacific market is generally down, and the Q2 style leans towards fundamental verification. The market is affected by the situation of the US - Iran negotiation and the approaching earnings period [3]. - Geopolitical factors such as the US - Iran situation have a significant impact on the prices of various commodities, including precious metals, energy, and industrial metals. As the impact of the geopolitical situation is gradually digested, the market shows different trends [3]. - The supply - demand relationship of different commodities is also an important factor affecting prices. For example, some commodities are in short - term supply shortages, while others face oversupply problems [3]. 3. Summary by Related Catalogs 3.1 Daily Selected Views - Agricultural Products: Sugarcane is expected to be strong; pork is expected to be weak; soybeans are expected to be weak in the short - term [3]. - Industrial Products: Soda ash is expected to fluctuate weakly; rebar is expected to be slightly stronger in the short - term [3]. 3.2 All - Variety Daily Reviews - Financial Products - Stock Index Futures: The Asia - Pacific stock index futures market is affected by geopolitical and fundamental factors. It is recommended to wait and see [3]. - Precious Metals: With the easing of the US - Iran war, precious metals are expected to rise. It is recommended to buy on dips in the appropriate price range [3]. - Steel Products - Rebar and Iron Ore: Rebar prices are supported by raw material prices, and it is recommended to hold long positions. Iron ore's short - term supply - demand pattern has improved, and it is expected to fluctuate in a certain range [3]. - Coking Coal and Coke: Coking coal is affected by geopolitical risks and auction results, and it is recommended to wait and see. Coke follows the trend of coking coal, and it is also recommended to wait and see [3]. - Non - Ferrous Metals - Copper and Aluminum: Copper prices are expected to rebound, and it is recommended to wait and see. Aluminum prices are expected to rise due to production reduction expectations in the Middle East, and it is recommended to hold long positions [3]. - Other Non - Ferrous Metals: Tin prices are expected to be strong in the short - term, and it is recommended to buy long positions. Nickel prices are expected to fluctuate in a range, and it is recommended to operate according to the range [3]. - New Energy and Chemical Products - New Energy: Polysilicon and lithium carbonate are facing oversupply problems, and their prices are expected to decline. It is recommended to wait and see or operate in a short - term range [3]. - Energy Chemicals: Crude oil prices are expected to be weak due to the cooling of supply concerns. Most chemical products are affected by geopolitical and oil price factors, and different trading strategies are recommended according to different situations [3]. - Agricultural Products and Soft Commodities - Grains and Oils: Soybean meal and pork prices are expected to be weak, while palm oil prices are expected to be strong. Corn prices have strong bottom support [3]. - Other Agricultural Products: Sugar prices are expected to fluctuate at a high level, and cotton prices are recommended to hold long positions. Egg, apple, and jujube prices are expected to be weak [3]. - Shipping: The container shipping European line is expected to fluctuate weakly, and it is recommended to wait and see [3].