国内 商品期货开盘， 原油主力合约涨超6%，短纤、集运欧线、 甲醇涨超2%。 ...

商品期货收盘，尿素主力合约涨近4%，20号胶、乙二醇、原木、菜籽油、豆二、豆粕、工业硅、棕榈 油涨超1%。原油跌超2%，苯乙烯、沪金、集运欧线、LU燃油、鸡蛋跌超1%。 ...

商品期货收盘，原油主力合约涨超5%，棕榈油、甲醇、尿素、燃料油、原木涨超3%，焦煤、液化气、 豆油、锰硅、BR橡胶、菜籽油、硅铁涨超2%。集运欧线跌超4%。 ...

1. Report Industry Investment Rating - No specific industry investment rating is provided in the report. 2. Report's Core Viewpoints - The soybean meal futures market is influenced by the weather - driven fluctuations of US soybean prices, positive expectations of US bio - energy policies, and rising import cost expectations, resulting in a continuous staged rebound [5]. - The palm oil market is supported by the active procurement of 6 - 8 - month shipments from India and China. Although the EU market demand decline is a drag, the overall oils and fats sector has entered a rebound channel, and domestic palm oil follows the international palm oil price rebound [7]. 3. Summary by Related Catalogs 3.1 Soybean Meal (M) - **Intraday View**: Oscillating strongly [5] - **Medium - term View**: Oscillating [5] - **Reference View**: Oscillating strongly [5] - **Core Logic**: US soybean futures prices show weather - market fluctuation characteristics and are supported by positive bio - energy policies. The domestic soybean meal market is affected by rising import cost expectations, and with the return of market sentiment, funds are flowing into the soybean market, continuing the staged rebound [5]. 3.2 Palm Oil (P) - **Intraday View**: Strong [7] - **Medium - term View**: Oscillating [7] - **Reference View**: Strong [7] - **Core Logic**: International palm oil demand is supported by India and China's procurement, but EU demand decline is a drag. Domestic palm oil inventory is rising with increased purchases. The oils and fats sector is boosted by international oil prices and US bio - fuel policies, and domestic palm oil follows the international price rebound [7].

Report Industry Investment Rating - The investment rating for both sugar and cotton is "sideways" [1] Core Viewpoints - The 2024/25 sugar production season has ended successfully. As of the end of May, China's cumulative sugar production reached 11.16 million tons, a year - on - year increase of 1.2 million tons; cumulative sugar sales were 8.11 million tons, a year - on - year increase of 1.52 million tons; the sales progress was 72.7%, 6.5 percentage points faster than the same period last year. Favorable precipitation in Guangxi and Yunnan benefits sugarcane growth, and the growth of sugar beets in Inner Mongolia and Xinjiang is also improving. Globally, the 2025/26 sugar supply is expected to be loose, with India likely to increase production and limited impact from Brazil's drought, leading to a weak international sugar price. Attention should be paid to precipitation in major producing countries and Brazil's sugar production and export progress [1] - Due to US tariffs, cotton imports did not meet expectations. Overall, the light and temperature conditions in China's cotton - growing areas since sowing are suitable for cotton growth. Most cotton in Xinjiang has entered the squaring stage, and cotton in the Yellow River and Yangtze River basins is at the fifth true leaf to squaring stage. The development period of most cotton is 3 to 15 days earlier than in previous years. Weather's impact on yield per unit needs continuous attention [1] Data Summary Price and Spread - **External Market Quotes**: On June 14 - 15, 2025, the price of US sugar was $16.54, with a 0.00% change; the price of US cotton was $67.9, also with a 0.00% change [3] - **Spot Prices**: From June 12 - 13, 2025, the price of sugar in Nanning dropped from 6035.0 to 6020.0, a - 0.25% change; in Kunming, it dropped from 5855.0 to 5835.0, a - 0.34% change. The cotton index 328 decreased from 3281 to 3280, a - 0.07% change, while the price of cotton in Xinjiang increased from 14700.0 to 14800.0, a 0.68% change [3] - **Spreads**: All spreads and basis for sugar and cotton futures contracts from June 14 - 15, 2025, remained unchanged, with a 0.00% change [3] Import Price, Profit, and Other Data - **Import Price**: From June 12 - 13, 2025, the price of cotton cotlookA dropped from 78.05 to 77.8, a - 0.32% change [3] - **Profit Space**: The sugar import profit remained at 1638.0 from June 12 - 13, 2025, with a 0.00% change [3] - **Options**: The implied volatility of SR509C5700 was 0.0843, and the historical volatility of SR509 was 8.94; the implied volatility of SR509P5700 was 0.0829. The implied volatility of CF509C13400 was 0.097, and the historical volatility of CF509 was 12.67; the implied volatility of CF509P13400 was 0.0959 [3] - **Warehouse Receipts**: From June 12 - 13, 2025, the number of sugar warehouse receipts decreased from 29116.0 to 28736.0, a - 1.31% change; the number of cotton warehouse receipts decreased from 10769.0 to 10753.0, a - 0.15% change [3]

国内 商品期货多数收涨， 原油、燃料油涨超7%，液化气、 甲醇涨超4%，苯乙烯、沥青、对二甲苯、 PTA涨超3%，瓶片、鸡蛋、短纤涨超2%，塑料、沪金、棕榈油、菜籽油涨超1%，跌幅方面，纯碱、烧 碱跌超2%，工业硅、氧化铝、碳酸锂、玻璃跌超1%。 ...

Core Viewpoint - The article highlights the rising prices of gold and crude oil due to escalating geopolitical tensions, emphasizing the need for traders to identify opportunities in commodity futures [1] Group 1: Market Analysis - Geopolitical tensions have led to a significant increase in the prices of both gold and crude oil [1] - The article suggests that traders can benefit from understanding order flow, volume-price distribution, and practical case studies related to capital movements in the futures market [1] Group 2: Trading Opportunities - A seasoned futures researcher, Leo, will provide insights into popular commodity trends and teach participants how to capture trading opportunities effectively [1] - The live session aims to equip traders with tools and strategies to navigate the current market conditions [1]

国内商品期货收盘涨跌不一 原油涨超3% 智通财经6月12日电，国内商品期货收盘涨跌不一，原油涨超3%，燃料油涨超2%，沥青、菜粕、沪 铝、沪金涨超1%，跌幅方面，焦煤、纯碱跌超2%，橡胶、纸浆、焦炭、锰硅、尿素、碳酸锂、玻璃、 沪镍跌超1%。 ...

Group 1: Industrial Silicon - Industrial silicon prices have rebounded for the fourth consecutive trading day, leading the market with a 2.23% increase on June 11 [2] - The supply of industrial silicon remains slightly loose compared to demand, with expectations of inventory reduction in June [2] - Some multi-crystalline silicon companies have announced production increases, driven by improved demand expectations [2] Group 2: Lithium Carbonate - Lithium carbonate prices have shown a strengthening trend, with the main contract rising by 1.68% due to cost support [3] - The battery-grade lithium carbonate index price reached 60,704 yuan/ton, an increase of 105 yuan/ton from the previous period [3] - Despite recent price rebounds, the fundamental situation for lithium carbonate has not significantly improved, with expectations of inventory accumulation [3] Group 3: Palm Oil - Palm oil futures fell over 2% on June 11, closing at 7,970 yuan/ton, due to high supply pressures from South Asia [4] - Malaysia's palm oil production increased to 1.7716 million tons in May, up 5.05% from April, contributing to rising inventory levels [4] - Domestic palm oil inventories have also risen significantly, exceeding the five-year average [4] Group 4: Shipping Industry - The European shipping index has declined over 2%, struggling to maintain the 2000-point support level [5] - Initial optimism regarding shipping rates due to U.S.-China trade easing has not materialized, leading to a continued weak performance in the European shipping market [5] - Future developments in European shipping rates and negotiations related to electric vehicle pricing are being closely monitored [5]

Group 1 - The main contract for industrial silicon increased by over 2% [1] - Lithium carbonate, coke, Shanghai aluminum, Shanghai zinc, and coking coal all rose by more than 1% [1] - Palm oil and shipping indices in Europe fell by over 2% [1] Group 2 - Timber, urea, manganese silicon, and asphalt all experienced declines of over 1% [1]