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养殖油脂产业链日度策略报告-20250821
Fang Zheng Zhong Qi Qi Huo· 2025-08-21 02:47
1. Report Industry Investment Rating The provided content does not mention the report industry investment rating. 2. Core Viewpoints of the Report - The soybean oil market is in a "weak reality + strong expectation" pattern. Short - term callback space is limited, and it is bullish in the long - term. Consider 1 - 5 positive spread operations [3]. - The rapeseed oil price is expected to fluctuate in the short term due to trade policy changes and sufficient inventory [3]. - The palm oil price has a short - term adjustment demand due to factors such as price comparison pressure and potential production impacts in Indonesia [4]. - The soybean meal is in a "weak reality + strong expectation" situation, and the price is expected to be bullish in the long - term [3][4]. - The corn and corn starch prices are expected to continue to be under pressure [5]. - The soybean price is affected by new supply and market sentiment, with a short - term bearish outlook [6]. - The peanut price is under pressure due to expected increased production and lower costs, with a short - term bearish outlook [6]. - The live pig price is affected by policies and supply - demand, with a short - term fluctuating rebound and a long - term focus on capacity reduction [7]. - The egg price is at a low level, and the market expects terminal consumption improvement to drive a price rebound [8]. 3. Summary According to the Catalog 3.1 First Part: Sector Strategy Recommendation 3.1.1 Market Judgment | Sector | Variety | Market Logic | Support Level | Resistance Level | Market Judgment | Reference Strategy | | --- | --- | --- | --- | --- | --- | --- | | Oilseeds | Soybean 11, Soybean 2 09 | Tense Sino - US and Sino - Canadian trade relations; new domestic soybeans are on the market, supply increases | 3900 - 3930, 3640 - 3670 | 4145 - 4150, 3950 - 4000 | Fluctuation, Fluctuation adjustment | Light - position short - selling, Temporary observation | | | Peanut 11 | Expected production increase and cost reduction | 7500 - 7600 | 8100 - 8162 | Fluctuation with a downward bias | Hold short positions | | Oils | Soybean oil 01 | Potential reduction in Canadian rapeseed imports, sufficient inventory in the short - term, long - term positive outlook | 8230 - 8300 | 8800 - 9000 | Fluctuation adjustment | Temporary observation | | | Rapeseed oil 01 | Short - term supply increase | 9600 - 9610 | 10300 - 10343 | Fluctuation adjustment | Temporary observation | | | Palm 01 | Good export demand from the origin, concerns about Indonesian production | 9060 - 9074 | 9900 - 9990 | Fluctuation with an upward bias | Reduce long positions | | Protein | Soybean meal 01 | Tense Sino - US and Sino - Canadian trade relations, expected reduction in soybean arrivals in the fourth quarter | 2950 - 2980 | 3200 - 3250 | Fluctuation with an upward bias | Light - position long - buying | | | Rapeseed meal 01 | Potential reduction in Canadian rapeseed imports, weak consumption | 2500 - 2523 | 2698 - 2708 | Fluctuation with an upward bias | Hold long positions | | Energy and By - products | Corn 11 | Continuous release of imported corn, stable new - season expectations | 2100 - 2120 | 2240 - 2250 | Fluctuation with a downward bias | Hold short positions cautiously | | | Starch 11 | Weak corn price, relatively loose spot market | 2400 - 2420 | 2580 - 2590 | Fluctuation with a downward bias | Hold short positions cautiously | | Livestock | Live pig 11 | Feed price rebound, strong expectation of capacity reduction | 13500 - 13750, 14500 - 15000 | | Fluctuation rebound | Hold long positions | | | Egg 10 | Capacity pressure + consumption peak season expectation | 3000 - 3050 | 3300 - 3350 | Fluctuation to find the bottom | Observation | [11] 3.1.2 Commodity Arbitrage - For inter - delivery arbitrage, most varieties suggest waiting and seeing, while the soybean meal 3 - 5 spread recommends a positive spread operation with a target of 300 - 400. The live pig 9 - 1 and egg 9 - 1 spreads suggest positive spreads at low prices [12][13]. - For inter - variety arbitrage, the 09 soybean oil - palm oil spread suggests short - biased operations, the 09 rapeseed oil - soybean oil spread suggests long - biased operations, and the 09 soybean oil - meal ratio recommends long - buying operations [13]. 3.1.3 Basis and Spot - Futures Strategies The report provides the spot prices, price changes, and basis changes of various varieties in the feed, livestock, and oil sectors [14]. 3.2 Second Part: Key Data Tracking Table 3.2.1 Oils and Oilseeds - **Daily Data**: It shows the import costs of soybeans, rapeseeds, and palm oils from different origins and different shipping dates [16][17]. - **Weekly Data**: Presents the inventory and operation rates of beans, rapeseeds, palm oils, and peanuts [18]. 3.2.2 Feed - **Daily Data**: Lists the import costs of corn from Argentina and Brazil in different months [18]. - **Weekly Data**: Displays the consumption, inventory, and operation rates of corn and corn starch in deep - processing enterprises [19]. 3.2.3 Livestock - **Pig**: Provides daily and weekly data on live pig prices, breeding costs, profits, slaughter data, etc. [20][22][23]. - **Egg**: Offers daily and weekly data on egg prices, production rates, inventory, and related prices [21][24]. 3.3 Third Part: Fundamental Tracking Charts - **Livestock (Pigs and Eggs)**: Includes charts of main contract closing prices, spot prices, and other relevant data of live pigs and eggs [25][28][29][34]. - **Oils and Oilseeds**: - **Palm Oil**: Covers charts of Malaysian palm oil production, exports, inventory, and domestic palm oil inventory, trading volume, etc. [37][40][44]. - **Soybean Oil**: Contains charts of US soybean crushing volume, soybean oil inventory, domestic soybean oil factory operation rates, inventory, etc. [47][48]. - **Peanut**: Shows charts of domestic peanut arrival, shipment, processing profits, and inventory [51][52]. - **Feed**: - **Corn**: Has charts of corn closing prices, spot prices, inventory, import volume, and processing profits [55][56]. - **Corn Starch**: Includes charts of corn starch closing prices, spot prices, operation rates, inventory, and processing profits [58][59]. - **Rapeseed**: Displays charts of rapeseed meal and rapeseed oil spot prices, basis, inventory, and processing profits [60][63][65]. - **Soybean Meal**: Presents charts of US soybean growth rates, soybean and soybean meal inventory [67]. 3.4 Fourth Part: Option Situations of Soybean Meal, Feed, Livestock, and Oils The report provides charts of historical volatility and trading volume of options for various varieties [69][70]. 3.5 Fifth Part: Warehouse Receipt Situations of Feed, Livestock, and Oils The report includes charts of warehouse receipt quantities for various varieties such as rapeseed meal, rapeseed oil, soybean oil, palm oil, peanut, corn, corn starch, live pig, and egg [72][73][74].
赣锋锂业20250522
2025-07-16 06:13
Summary of Conference Call Company and Industry Involved - The conference call involves Ganfeng Lithium, a company in the lithium battery and materials industry. Key Points and Arguments 1. **Industry Demand and Supply Dynamics** - Recent fluctuations in lithium prices are not primarily driven by demand, as end-user demand remains stable, particularly in battery procurement. The supply side, particularly from Australian miners, is a significant factor in price changes [2][5][6]. 2. **Cost Trends in Mining** - Mining costs have decreased significantly, with some Australian mines reporting cost reductions of several percentage points. This has contributed to a perception of a "cost collapse" in the market [3][4]. 3. **Market Sentiment and Price Movements** - The current price drop in lithium may be a temporary phenomenon, influenced by market sentiment rather than fundamental demand changes. The company maintains a long-term price outlook of around 70,000, suggesting that prices below 60,000 may not be sustainable [5][6]. 4. **Ganfeng's Integrated Business Model** - Ganfeng has developed a comprehensive integrated business model, expanding from battery cell production to downstream applications, including energy storage solutions. This diversification is expected to drive growth [7][11]. 5. **Investment in Energy Storage** - The company is focusing on energy storage projects, which are anticipated to be significant growth areas. The strategy includes both industrial storage and independent shared storage solutions [7][11]. 6. **Impact of Lithium Prices on Battery Demand** - The demand for lithium batteries is expected to increase, with a lower sensitivity to lithium price fluctuations due to the long-term investment nature of downstream projects [8][12]. 7. **Technological Innovations** - Innovations such as solid-state batteries are seen as critical for improving energy density and reducing costs, which could benefit the entire supply chain [13][14]. 8. **Cost Management and Financial Strategy** - The company is exploring innovative financing methods to manage capital expenditures and maintain a balanced approach to growth across various segments [15][16]. 9. **Project Updates and Cost Expectations** - Ongoing projects, such as the Mariana and Oleros mines, are expected to have varying cost structures and production timelines, with the Mariana project facing longer ramp-up times due to harsher conditions [21][22]. 10. **Recycling and Sustainability Efforts** - Ganfeng is expanding its recycling capabilities, which is seen as a strategic move to enhance sustainability and manage raw material costs effectively [25][26]. Other Important but Possibly Overlooked Content - The company emphasizes the importance of maintaining quality across the supply chain, particularly for long-term projects that require reliability over extended periods [12]. - There is a recognition of the cyclical nature of the lithium market, with expectations of price volatility and the need for strategic adjustments in response to market conditions [10][13]. - The call also highlighted the potential for collaboration with larger state-owned enterprises in the recycling and supply chain sectors, indicating a strategic approach to partnerships [26].
国贸期货黑色金属周报-20250623
Guo Mao Qi Huo· 2025-06-23 05:59
投资咨询业务资格:证监许可【2012】31号 【黑色金属周报】 国贸期货 黑色金属研究中心 2025-06-23 张宝慧 从业资格证号:F0286636 投资咨询证号:Z0010820 董子勖 从业资格证号:F03094002 投资咨询证号:Z0020036 本报告非期货交易咨询业务项下服务,其中的观点和信息仅供参考,不构成任何投资建议;期市有风险,投资需谨慎 薛夏泽 从业资格证号:F03117750 目录 01 螺纹钢 02 焦煤焦炭 震 荡 区 间 , 等 待 新 驱 动 期 货 进 一 步 走 强 , 基 差 快 速 走 弱 03 铁矿石 后 续 到 港 压 力 将 逐 步 兑 现 本报告非期货交易咨询业务项下服务,其中的观点和信息仅供参考,不构成任何投资建议,期市有风险,投资需谨慎 01 PART ONE 螺纹钢 螺纹钢:震荡区间,等待新驱动 | 影响因素 | 驱动 | 主要逻辑 | | --- | --- | --- | | | | 铁水产量本周暂时持稳,长流程钢厂尚可,再一次印证市场化减停产的期望不高,但是部分区域钢厂可能会选择进行钢材品种结构的调整和切换, | | 供给 | 偏空 | 已实现利润 ...
新能源及有色金属日报:氧化铝现货市场成交连续性下滑-20250620
Hua Tai Qi Huo· 2025-06-20 03:17
重要数据 铝现货方面:SMM数据,昨日长江A00铝价录得20770元/吨,较上一交易日下跌130元/吨,长江A00铝现货升贴 水较上一交易日持平于180元/吨;中原A00铝价录得20610元/吨,中原A00铝现货升贴水较上一交易日下跌20元 /吨至20元/吨;佛山A00铝价录20640元/吨,佛山A00铝现货升贴水较上一交易日下跌5元/吨至50元/吨。 铝期货方面:2025-06-19日沪铝主力合约开于20650元/吨,收于20585元/吨,较上一交易日收盘价下跌50元/ 吨,跌幅-0.24%,最高价达20695元/吨,最低价达到20525元/吨。全天交易日成交143884手,较上一交易日增 加8282手,全天交易日持仓175674手,较上一交易日减少22949手。 新能源及有色金属日报 | 2025-06-20 氧化铝现货市场成交连续性下滑 库存方面,截止2025-06-19,SMM统计国内电解铝锭社会库存44.9万吨。截止2025-06-19,LME铝库存344950 吨,较前一交易日减少2050吨。 氧化铝现货价格:2025-06-19 SMM氧化铝山西价格录得3160元/吨,山东价格录得3175元/吨 ...
黑色金属数据日报-20250617
Guo Mao Qi Huo· 2025-06-17 03:59
Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Views of the Report - The steel market is in a trading range, and it is advisable to seize hedging opportunities at the upper limit of the range. The rebound height of finished steel is relatively limited, and the market will enter a period of tug - of - war. It is recommended to use the volatile market to rotate inventory for spot goods [5]. - For coking coal and coke, the decline in coking coal auctions has slowed down, and the futures are at a premium to the spot. The market is in a state of indecision. Industrial customers can actively participate in selling hedging, while single - side trading can wait for a clearer situation. In the medium - to - long - term, the bottom of coking coal has not been confirmed [6]. - For ferrosilicon and silicomanganese, their fundamentals are stable and follow the steel market. Their prices are expected to be under pressure, and attention should be paid to subsequent steel tenders [7]. - For iron ore, the overall weak trend remains unchanged, and it is recommended to maintain a short - selling strategy [8]. 3. Summary by Related Catalogs **Futures Market Data** - On June 16, 2025, for far - month contracts (RB2601, HC2601, I2601, J2601, JM2601), the closing prices were 2985.00 yuan/ton, 3101.00 yuan/ton, 675.00 yuan/ton, 1392.50 yuan/ton, and 810.50 yuan/ton respectively, with corresponding increases of 0.78%, 1.04%, 0.52%, 2.35%, and 3.05%. For near - month contracts (RB2510, HC2510, I2509, J2509, JM2509), the closing prices were 2990.00 yuan/ton, 3104.00 yuan/ton, 704.50 yuan/ton, 1371.00 yuan/ton, and 795.50 yuan/ton respectively, with corresponding increases of 0.98%, 1.07%, 0.21%, 1.90%, and 2.84% [3]. - On June 16, 2025, the cross - month spreads, spreads/ratios/profits, spot prices, and basis data for various varieties were also provided, along with their changes [3]. **Steel Market** - On Monday, the spot and futures prices rebounded slightly, but the willingness to sell spot goods increased, and the price rebound was hesitant. Overseas, the Iran situation may have an indirect impact on the coal market in the capital market, but its influence on the spot market is weak. Domestically, the steel spot market remains in a state of weak supply and demand. The US tariff increase on steel - based household appliances and the suspension of domestic home appliance national subsidy policies have increased the supply - demand pressure in the hot - rolled coil market. It is recommended to hedge at the upper limit of the range and rotate inventory for spot goods [5]. **Coking Coal and Coke Market** - In the spot market, the decline in coking coal auctions has slowed down, and port prices are weak. In the futures market, the black chain index has strengthened, and coking coal led the rise. Macroscopically, domestic policies are mainly for bottom - support, and overseas disturbances are numerous. Industrially, steel demand is seasonally weak, and steel production has decreased. Coking coal inventories at the mine mouth continue to accumulate, but supply is affected by safety and environmental issues. The futures are at a premium to the spot, and industrial customers can participate in selling hedging [6]. **Ferrosilicon and Silicomanganese Market** - For ferrosilicon, production has decreased slightly, but direct demand has weakened, and cost support has declined. For silicomanganese, supply has increased from a low level, demand has weakened, and cost support has also weakened. Their prices are expected to be under pressure [7]. **Iron Ore Market** - The overall weak trend of iron ore remains unchanged. Ore shipments are gradually increasing, and port inventories have shifted from a slight decline to a slight increase. The black market is entering the off - season, and downstream pressure is intensifying. It is recommended to maintain a short - selling strategy [8]. **Investment Strategies** - For steel, maintain a wait - and - see attitude for single - side trading. For futures - spot trading, choose hot - rolled coils with better liquidity for hedging and open - position management, and rotate inventory for spot goods. For coking coal and coke, industrial customers should actively participate in selling hedging. For ferrosilicon and silicomanganese, buy put options at high prices [9].
尿素早评:成本坍塌与需求滞后-20250604
Hong Yuan Qi Huo· 2025-06-04 05:31
Report Industry Investment Rating - Not provided Core View of the Report - Recent continuous decline in urea prices is due to cost collapse from falling coal prices and lagging domestic agricultural demand caused by weather [1] - Export and domestic agricultural demand still support urea prices, and the possibility of a significant further decline is low as it is the top - dressing season for crops like corn and upstream inventory pressure has decreased [1] - Short - term strategy is to wait and see, and mid - term strategy is to go long on dips [1] Summary by Related Catalog Futures and Spot Prices - Urea futures price: UR01 in Shandong closed at 1696 yuan/ton, down 0.41%; UR05 at 1718 yuan/ton, up 0.06%; UR09 at 1761 yuan/ton, down 0.68% [1] - Domestic spot prices: prices in Shanxi, Henan, Northeast, and Jiangsu remained unchanged, while in Hebei, it rose 0.54% to 1860 yuan/ton [1] Basis and Spread - Shandong spot - UR basis was 152 yuan/ton, down 1 yuan; 01 - 05 spread was - 22 yuan/ton, down 8 yuan [1] Upstream Costs - Anthracite prices in Henan and Shanxi remained unchanged at 1180 yuan/ton and 850 yuan/ton respectively [1] Downstream Prices - Compound fertilizer (45%S) prices in Shandong and Henan remained unchanged, while melamine prices in Shandong and Jiangsu decreased, with Shandong down 1.03% and Jiangsu down 1.80% [1] Important Information - Urea futures main contract 2509 opened at 1800 yuan/ton, reached a high of 1803 yuan/ton, a low of 1755 yuan/ton, closed at 1761 yuan/ton, and settled at 1774 yuan/ton, with a position of 231078 lots [1]
尿素早评:成本坍塌与需求滞后-20250603
Hong Yuan Qi Huo· 2025-06-03 11:17
| 尿素早评20250603: 成本坍塌与需求滞后 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 变化值 | 变化值 | 单位 | 5月29日 | 日慶 | 5月30日 | (绝对值) | (相对值) | | -0.12% | 1703.00 | UR01 | 元/吨 | 1705.00 | -2.00 | | | | -4.00 | UR05 | 元/吨 | 1721.00 | 1717.00 | -0.23% | 民素期货价格 | | | (收盘价) | 1773.00 | 1784.00 | -11.00 | -0.62% | UR09 | 元/吨 | | | -0.53% | 山东 | 元/吨 | 1870.00 | 1880.00 | -10.00 | | | | 期现价格 | 元/吨 | 1730.00 | 0.00 | 山西 | 1730.00 | 0.00% | | | 元/吨 | -10.00 | -0.54% | 1850.00 | 1860.00 | 河南 | 国内现货价格 | | | (小顆粒) ...
纯碱:成本下移驱动难寻,延续探底
Zhong Hui Qi Huo· 2025-05-30 14:27
Report Information - Analyst: He Hui, Energy and Chemical Team, including Guo Jianfeng, Guo Yanpeng, and Li Qian [2] - Company: Zhonghui Futures Co., Ltd. - Date: May 30, 2025 [2] Investment Rating - Not provided in the report Core Viewpoints - In May, the domestic and overseas macroeconomic situation did not improve significantly, and the commodity market was weak. The soda ash futures market was also in a downward trend, searching for a bottom. [3] - Soda ash is facing a situation of over - capacity, insufficient demand, and cost collapse. In the short term, it is difficult to find supply - demand drivers, while in the long - term, it is anchored to natural soda ash cost and demand growth rate. [3] Market Review Futures Market - As of May 30, the SA2509 contract closed at 1,190 yuan/ton, with a monthly change of - 12% (a decrease of 165 yuan) [6] 现货市场 - In May, the prices of heavy soda ash were differentiated, with most prices decreasing by 50 yuan/ton, a change ranging from - 5.1% to 3.2% [6] Basis - In May, the spot price of soda ash was weak, while the futures price was even weaker, resulting in a stronger basis. The basis of the main SA509 contract (against Shahe heavy soda ash) was 40 points, with a basis rate of 3.3% [8] Inter - month Spread - The SA09 - 01 contract spread was 2 points, changing from negative to positive, showing a flat - water structure. The SA01 - 05 contract spread was - 52 points, indicating a weaker expectation for the far - month contract [11] Term Structure and Inter - commodity Spread - The soda ash futures market changed from a contango structure to a near - month back flat - water structure, compressing the downward space. The FG - SA09 contract spread was about - 200, and the long - glass short - soda ash spread had a profit of 100 points from - 300 [13] Supply Analysis Device Maintenance and New Capacity - Currently, the maintenance devices of soda ash plants are gradually restarting, and new capacities are being put into production one after another. In 2025, the total planned new capacity is 590 tons/year [17][18] Operating Rate - In May, the comprehensive operating rate of soda ash decreased significantly. Currently, the national operating rate is 78.57% (a month - on - month decrease of 10.87%), with the ammonia - soda process operating rate at 71.41% (a month - on - month decrease of 15.71%) and the combined - soda process operating rate at 76.54% (a month - on - month decrease of 10.58%) [20] Production - In May, the weekly average production of soda ash was 70.32 tons, with the estimated monthly production at 311.41 tons, a month - on - month decrease of 1.9% and a year - on - year decrease of 1.1%. The weekly average production of heavy soda ash was 38.38 tons, with the estimated monthly production at 170 tons, a month - on - month decrease of 2.4% and a year - on - year decrease of 5.1% [31][34] Demand Analysis Glass Melting Volume - Currently, the daily melting volume of float glass is 15.77 tons, a month - on - month increase of 0.32% and a year - on - year decrease of 8.25%. The daily melting volume of photovoltaic glass is 9.88 tons, a month - on - month increase of 0.61% and a year - on - year decrease of 13% [39] Total Melting Volume - In May, the average daily total production of float glass and photovoltaic glass was 25.55 tons, a month - on - month increase of 0.5% and a year - on - year decrease of 9.9% [42] Supply - demand Gap of Heavy Soda Ash - In May, the estimated monthly demand for heavy soda ash was 158.4 tons, and the supply - demand surplus was 11.55 tons, still in a state of oversupply [43] Inventory Analysis Total Inventory - Currently, the total inventory of domestic soda ash manufacturers is 162.43 tons, a month - on - month decrease of 3.94% and a year - on - year increase of 98.52%. The available inventory days are 13.47 days, a month - on - month decrease of 0.43 days and a year - on - year increase of 6.6 days [51] Inventory of Heavy and Light Soda Ash - Currently, the inventory of heavy soda ash is 80.6 tons, a month - on - month decrease of 4.1% and a year - on - year increase of 76.95%. The inventory of light soda ash is 81.83 tons, a month - on - month decrease of 3.79% and a year - on - year increase of 125.6% [54] Cost and Profit Analysis Cost - Currently, the production cost of the ammonia - soda process is 1,283 yuan/ton, a month - on - month decrease of 7.23% and a year - on - year decrease of 26.39%. The production cost of the combined - soda process (double - ton) is 1,610 yuan/ton (75% single - ton cost is 1,208 yuan), a month - on - month decrease of 2.1% and a year - on - year decrease of 19.1% [58] Profit - Currently, the production profit of the ammonia - soda process is 67.2 yuan/ton, a month - on - month increase of 49.7 yuan/ton and a year - on - year decrease of 85.28%. The production profit of the combined - soda process is 215 yuan/ton, a month - on - month decrease of 40.5 yuan/ton and a year - on - year decrease of 78.49% [60] Trading Strategies Single - side Strategy - Currently, the main 09 contract has fallen below the combined - soda process cost of 1,200 yuan/ton. Technically, it shows a short - position arrangement of moving averages. Maintain a bearish view, dynamically track the pressure level of the 20 - day moving average, with a reference range of 1,050 - 1,250 [4] Arbitrage Strategy - Currently, the 9 - 1 spread of soda ash is near 0, almost at par. Considering the seasonal maintenance in summer and the planned new natural soda ash capacity at the end of the year, participate in the 9 - 1 positive spread. In terms of inter - commodity spreads, the FG - SA09 contract spread is about - 200, and the long - glass short - soda ash spread can still be held in the short term, and stop profit when the spread narrows to - 150 [4] Hedging Strategy - Currently, the inventory of soda ash plants is at an absolute high level. Upstream enterprises can pay attention to the short - hedging opportunities of the 09 contract when the futures price is at a premium or at par with the spot price, around 1,200 - 1,250. Downstream glass enterprises can conduct long - hedging when the futures price is lower than the spot delivery cost [4]
尿素早评:成本坍塌与需求滞后-20250530
Hong Yuan Qi Huo· 2025-05-30 00:47
| | | 尿素早评20250530: 成本坍塌与需求滞后 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 日度 | | 单位 | 5月29日 | 5月28日 | 变化值 (绝对值) | 变化值 (相对值) | | 期现价格 | 民素期货价格 | UR01 山东 山西 | 元/吨 元/吨 元/吨 | 1705.00 1880.00 1730.00 | 1713.00 1880.00 1730.00 | -8.00 0.00 0.00 | -0.47% -0.34% 0.00% 0.00% | | | | UR05 | 元/吨 | 1721.00 | 1729.00 | -8.00 | -0.46% | | | (收盘价) | UR09 | 元/吨 | 1784.00 | 1790.00 | -6.00 | | | | 国内现货价格 (小顆粒) | 河南 | 元/吨 | 1860.00 | 1860.00 | 0.00 | 0.00% | | | | 河北 | 元/吨 | 1850.00 | 1850.00 | 0.00 | 0 ...
尿素早评:成本坍塌与需求滞后-20250529
Hong Yuan Qi Huo· 2025-05-29 05:23
| | | 尿素早评20250529: 成本坍塌与需求滞后 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 日度 | 变化值 変化值 | 单位 | 5月28日 | 5月27日 | (绝对值) | (相对值) | | | (收盘价) | UR01 山东 | 元/吨 元/吨 | 1713.00 1880.00 | 1736.00 1860.00 | -23.00 20.00 | -1.32% 1.08% | | 尿素期货价格 | | UR05 | 元/吨 | 1729.00 | 1748.00 | -19.00 | -1.09% | | | | UR09 | 元/吨 | 1790.00 | 1814.00 | -24.00 | -1.32% | | 期现价格 | | 山西 | 元/吨 | 1730.00 | 1730.00 | 0.00 | 0.00% | | | | 河南 | 元/吨 | 1860.00 | 1850.00 | 10.00 | 0.54% | | 国内现货价格 | | | | | | | | | | (小顆粒) ...