Core Insights - The article highlights a significant surge in caustic soda futures, with prices increasing by nearly 4% during trading, indicating potential preemptive positioning by major players in the market [1] Group 1 - Caustic soda futures have experienced a notable price increase, suggesting heightened market activity and interest [1] - The mention of a "futures tracking tool" implies the availability of resources for investors to monitor market trends and capital movements effectively [1]

1. Report Industry Investment Ratings No information about industry investment ratings is provided in the reports. 2. Core Views Natural Rubber - The fundamentals are expected to weaken. Hold short positions above 14,000 and monitor raw material supply in various producing areas and US tariff changes [1]. Polysilicon - Polysilicon is facing inventory accumulation pressure due to oversupply. Although prices are rising under policy expectations, downstream demand remains weak. It is beneficial for polysilicon - industrial silicon arbitrage and buying stocks of photovoltaic industry chain enterprises, but beware of the impact of high - cost transfer on weak demand [3]. Industrial Silicon - The spot price of industrial silicon is stable, and the futures price fluctuates. In the short term, the price is expected to fluctuate strongly supported by production cuts, but in the long term, over - supply pressure may increase. Pay attention to the impact of polysilicon production changes on demand and policy effects [4]. Glass and Soda Ash - Soda ash is in an obvious oversupply situation. Wait for the opportunity to short after the market sentiment fades. Glass has a short - term rebound, but the demand is weak. Wait for more cold - repair actions to bring a real turnaround and currently suggest waiting and seeing [6]. Logs - The log market is entering a period of weak supply and demand. The 09 contract is expected to fluctuate weakly [8]. 3. Summary by Directory Natural Rubber Spot Prices and Basis - The prices of some varieties such as Yunnan state - owned standard rubber and Thai standard mixed rubber remained unchanged on July 9 compared to July 8. The full - latex basis and non - standard price difference decreased significantly [1]. Monthly Spreads - The 9 - 1 spread remained unchanged, the 1 - 5 spread increased by 8.33%, and the 5 - 9 spread decreased by 0.53% [1]. Fundamental Data - In May, the production of Thailand, Indonesia, India, and China increased. The weekly开工率 of semi - steel and full - steel tires decreased, domestic tire production decreased slightly, and tire exports increased. The import of natural rubber decreased [1]. Inventory Changes - Bonded area inventory and factory - warehouse futures inventory of natural rubber on the SHFE increased, while the inbound and outbound rates of dry rubber in Qingdao decreased [1]. Polysilicon Spot Prices and Basis - The average prices of N - type re - feedstock and N - type granular silicon increased on July 9 compared to July 8, with increases of 2.56% and 4.11% respectively [3]. Futures Prices and Monthly Spreads - The PS2506 contract price increased by 2.31%. Some monthly spreads changed significantly, such as the PS2506 - PS2507 spread which decreased by 298.85% [3]. Fundamental Data - Weekly and monthly polysilicon production increased. In May, polysilicon imports decreased, exports decreased, and net exports increased. Silicon wafer production decreased in the short term but increased slightly in May [3]. Inventory Changes - Polysilicon inventory increased by 0.74%, and silicon wafer inventory decreased by 4.43% [3]. Industrial Silicon Spot Prices and Main Contract Basis - The price of Xinjiang 99 - silicon increased by 1.24%, and the basis of some varieties increased [4]. Monthly Spreads - Some monthly spreads changed, such as the 2507 - 2508 spread which decreased by 88.00% [4]. Fundamental Data - In June, the national industrial silicon production increased, with significant increases in Yunnan and Sichuan. Organic silicon DMC production increased, and polysilicon production also increased [4]. Inventory Changes - Xinjiang factory - warehouse inventory decreased, while social inventory increased. The warehouse - receipt inventory decreased slightly, and non - warehouse - receipt inventory increased [4]. Glass and Soda Ash Glass - Related Prices and Spreads - Glass prices in some regions remained unchanged, and the prices of glass futures contracts increased slightly [6]. Soda Ash - Related Prices and Spreads - Soda ash prices in some regions decreased, and the prices of soda ash futures contracts increased [6]. Supply - Soda ash production rate and weekly output decreased slightly, while float glass daily melting volume increased and photovoltaic daily melting volume decreased [6]. Inventory - Glass factory - warehouse inventory decreased slightly, soda ash factory - warehouse inventory increased, and soda ash delivery - warehouse inventory decreased [6]. Real Estate Data - Real estate new - start area, completion area, and sales area showed positive changes compared to the previous period, while the construction area decreased [6]. Logs Futures and Spot Prices - Log futures prices fluctuated slightly, and the prices of some spot varieties decreased [8]. Import Cost - The import theoretical cost increased by 4% [8]. Supply - Port shipping volume increased, and the number of departing ships from New Zealand to China, Japan, and South Korea decreased [8]. Inventory - National log inventory decreased, and inventory in Shandong and Jiangsu also decreased [8]. Demand - The average daily log outbound volume increased [8].

Group 1 - The domestic futures market opened with more gains than losses, with caustic soda rising over 3% [1] - Other commodities such as No. 20 rubber and aluminum oxide increased nearly 3%, while rubber, coking coal, and pure benzene saw gains exceeding 2% [1] - On the downside, fuel oil, rapeseed oil, Shanghai copper, and international copper experienced declines of nearly 1% [1]

期货热点追踪 9月播种倒计时，阿根廷玉米种植热潮或挤压大豆空间，天气与政策将成关键！ 相关链接 ...

Group 1 - The domestic futures market opened with mixed performance among the main contracts, with caustic soda and coking coal rising over 1% [1] - Pure benzene, crude oil, coking coal, and PVC also saw nearly 1% increases [1] - In contrast, international copper fell over 1%, while Shanghai copper declined nearly 1% [1]

期货热点追踪 焦煤"反内卷"影响有限，价格为何还能节节攀升？ 相关链接 ...

夜盘期货开盘，氧化铝、焦煤、棕榈油涨超1%；甲醇、烧碱跌近1%。 ...

涨价信号频现，多晶硅主力合约尾盘大幅拉升，期价收盘涨近5%，机构预计后市交易节奏或将逐步转 移到.....点击阅读。 相关链接 期货热点追踪 ...

Report Industry Investment Rating - The investment rating for the corn industry is "shockingly weak" [1] Core Viewpoints - The report provides a comprehensive analysis of the corn market, including spot prices, futures prices, trading volume, open interest, and basis differentials, indicating a shockingly weak market trend [1] Summary by Relevant Catalogs Fundamental Tracking - Spot prices: The northeast purchase average price is unavailable, the Jinzhou closing price is 2,370 yuan/ton (down 10 yuan), the Guangdong Shekou price is 2,460 yuan/ton (unchanged), and the Shandong corn starch price is 2,840 yuan/ton (unchanged) [1] - Futures prices: C2509 closed at 2,326 yuan/ton yesterday (down 1.36%), and 2,321 yuan/ton in the night session (down 0.21%); C2511 closed at 2,283 yuan/ton yesterday (down 0.91%), and 2,378 yuan/ton in the night session (up 4.16%) [1] - Trading volume and open interest: C2509 had a trading volume of 644,587 lots yesterday (up 192,508 lots) and an open interest of 986,514 lots (up 41,168 lots); C2511 had a trading volume of 114,997 lots yesterday (up 48,514 lots) and an open interest of 364,497 lots (up 11,692 lots); the total trading volume of the corn market was 838,871 lots yesterday (up 282,181 lots), and the total open interest was 1,563,264 lots (up 54,259 lots) [1] - Warehouse receipts: The total number of corn warehouse receipts was 203,732 lots yesterday (down 586 lots) [1] - Basis differentials: The main 09 basis was 44 yuan/ton, and the 09 - 11 inter - period spread was 43 yuan/ton [1] Macro and Industry News - Northern corn port collection prices are 2,330 - 2,350 yuan/ton (listed), container port collection prices are 2,370 - 2,400 yuan/ton, both unchanged from yesterday; Guangdong Shekou bulk carrier prices are 2,440 - 2,460 yuan/ton, unchanged from yesterday, and container new - crop quotes are 2,480 - 2,520 yuan/ton [2] - Northeast enterprise corn prices are falling, with Heilongjiang deep - processing dry - grain purchase prices at 2,220 - 2,290 yuan/ton, Jilin deep - processing mainstream purchase prices at 2,240 - 2,270 yuan/ton, and Inner Mongolia deep - processing mainstream purchase prices at 2,280 - 2,370 yuan/ton [2] - North China corn prices are mostly falling, with wheat added to compound feed at an average ratio of 20% - 30%, Shandong deep - processing prices at 2,480 - 2,550 yuan/ton, poultry feed corn at about 2,480 yuan/ton, and pig feed corn at 2,500 - 2,520 yuan/ton [2] - Imported grain prices: The July - August shipment of Guangdong Argentine sorghum (bulk) is quoted at 2,130 yuan/ton, Australian sorghum at 2,430 yuan/ton; the July - August shipment of imported barley is pre - sold at 2,110 - 2,160 yuan/ton, and the November - December shipment at 2,050 yuan/ton; the July delivery of feed wheat is quoted at 2,540 - 2,550 yuan/ton [2] Trend Intensity - The trend intensity of corn is 0 [3]

期货热点追踪 美豆出口净销量环比增加，对华出口连续第四周为0！ 相关链接 ...