行业 锌期货日报 日期 2025 年 6 月 20 日 021-60635740 期货从业资格号：F3075681 研究员：张平 021-60635734 zhangping@ccb.ccbfutures.com 期货从业资格号：F3015713 021-60635729 yufeifei@ccb.ccbfutures.com 期货从业资格号：F3025190 有色金属研究团队 研究员：彭婧霖 pengjinglin@ccb.ccbfutures.com 研究员：余菲菲 请阅读正文后的声明 ＃summary＃ 每日报告 一、 行情回顾 | 表1：期货市场行情 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 单位：元/吨 | 开盘 | 收盘 | 最高 | 最低 | 涨跌 | 涨跌幅 | 持仓量 | 持仓量变化 | | 沪锌 2507 | 21945 | 21865 | 22020 | 21800 | -130 | -0.59 | 87639 | -9589 | | 沪锌 2508 | 21755 | 2168 ...

Group 1 - WTI crude oil futures have narrowed their gains to less than 2.2%, currently priced at $75.11 [1] - Nasdaq futures have reduced their losses to less than 1%, while S&P index futures are down over 0.8% [1] - Russell 2000 index futures have seen a decline of nearly 1.5% [1] Group 2 - An Israeli official has stated that Israel expects the U.S. to decide within the next 24-48 hours whether to conduct a joint strike on Iran [1]

玻璃夜盘收涨约1.8%，低硫燃油、棕榈油、铁矿石、螺纹钢等至多涨约0.6%。 白糖、烧碱、豆粕、菜粕、豆一、焦炭、焦煤等夜盘则至多收跌约0.8%。 ...

行业 锌期货日报 日期 2025 年 6 月 18 日 021-60635740 期货从业资格号：F3075681 研究员：张平 021-60635734 zhangping@ccb.ccbfutures.com 期货从业资格号：F3015713 021-60635729 yufeifei@ccb.ccbfutures.com 期货从业资格号：F3025190 有色金属研究团队 研究员：彭婧霖 pengjinglin@ccb.ccbfutures.com 研究员：余菲菲 请阅读正文后的声明 ＃summary＃ 每日报告 一、 行情回顾 | 表1：期货市场行情 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 单位：元/吨 | | 开盘 | 收盘 | 最高 | 最低 | 涨跌 | 涨跌幅 | 持仓量 | 持仓量变化 | | 沪锌 | 2507 | 21955 | 21905 | 21985 | 21760 | 105 | 0.48 | 105668 | 103933 | | 沪锌 | 2508 ...

铁矿石夜盘则收跌约0.3%，螺纹钢跌0.8%，焦煤跌1.1%，玻璃跌1.7%，纯碱跌2.6%。 燃油夜盘收涨约1.37%，菜油、棕榈油、低硫燃油等至多涨约0.9%。 ...

Group 1 - COMEX gold futures increased by 0.9%, reaching $3373.5 per ounce [1] - COMEX silver futures decreased by 0.76%, settling at $36.365 per ounce [1]

粕类油脂丨日报 s 2024 年 6 月 11 日 MPOB 确认 5 月增产利多出尽，等待 USDA 月报 投资咨询业务资格 核心观点 4、国家粮油信息中心监测显示，6 月 6 日，全国主要油厂进口大 豆库存 674.1 万吨，周环比上升 30 万吨，月环比上升 83 万吨，同比 上升 64 万吨，较过去三年均值上升 100 万吨；主要油厂豆粕库存 39 万吨，周环比上升 8 万吨，月环比上升 29 万吨，同比下降 52 万吨， 仍处于历史同期较低。 （二）棕榈系油脂 1、马来西亚棕榈油局 MPOB 的月报，产量和出口高于路透社前瞻 数据，月末库存低于路透社前瞻数据：马来西亚 5 月棕榈油产量为 1771621 吨，环比增长 5.05%。马来西亚 5 月棕榈油出口为 1387236 吨，环比增长 25.62%。马来西亚 5 月棕榈油库存量为 1990154 吨，环 比增长 6.65%。 2、据马来西亚独立检验机构 AmSpec，马来西亚 6 月 1-10 日棕榈 油出口量为 327355 吨，较上月同期出口的 302908 吨增加 8.07%。船 运调查机构 ITS 数据显示，马来西亚 6 月 1-10 日 ...

沪金夜盘收涨0.23%，沪银收跌0.43%。 上期所原油期货2407合约夜盘收涨0.54%，报481.50元人民币/桶。 ...

Variety Views - On June 3, A-shares' three major indices rose slightly. The Shanghai Composite Index rose 0.43% to 3361.98, the Shenzhen Component Index rose 0.16% to 10057.17, and the ChiNext Index rose 0.48% to 2002.70. The trading volume of the two markets reached 1141.4 billion yuan, 2.2 billion yuan more than last Friday [1] - The CSI 300 index strengthened on June 3, closing at 3852.01, up 11.78 [1] - On June 3, the weighted coke index remained weak, closing at 1300.3 yuan, down 14.3 [2] - On June 3, the weighted coking coal index was weak, closing at 721.3 yuan, down 22.1 [3] - Affected by the earlier rainy season improving sugar production prospects in major Asian producers, US sugar fell on Monday. Constrained by the decline in US sugar and the reduction in spot quotes, the short sellers pressured the Zhengzhou Sugar 2509 contract, which fell on Tuesday and slightly at night [4] - Due to the technical influence on the short - term decline, Shanghai rubber consolidated on Tuesday and continued to fluctuate at night [5] - On June 3, palm oil continued its recent rebound, hitting a new high in recent weeks before pulling back. The main contract P2509 closed with an upper - shadow阳线, closing at 8196, up 1.69% [5] - As of May 30, 2025 (week 22), the commercial inventory of palm oil in key regions of China was 364,000 tons, up 25,300 tons from last week, a 7.47% increase; down 19,500 tons from 383,500 tons last year, a 5.08% decrease. It is estimated that Malaysia's palm oil exports from May 1 - 31, 2025 were 1,069,643 tons, a 29.6% increase from the previous month [7] - On June 3, CBOT soybean futures closed slightly higher due to the boost from crude oil prices. As of June 1, 2025, the good - to - excellent rate of US soybeans was 67%, lower than the expected 68%; the planting rate was 84%, lower than the expected 86%. In the domestic market, on June 3, the soybean meal futures price fluctuated weakly. The main contract M2509 closed at 2935 yuan/ton, a 1.11% decrease [7] - On June 3, the live hog futures price fluctuated weakly, with the main contract 2509 closing at 13,605 yuan/ton, a 0.7% decrease [8] - On June 3, the iron ore 2509 main contract fell 1.14%, closing at 695.5 yuan [8] - On June 3, the asphalt 2507 main contract rose 1.22%, closing at 3482 yuan [8] - Copper prices maintained a relatively strong and volatile pattern. There were new disruptions in the mining end, and domestic smelting output continued to exceed expectations, but raw material supply was expected to decline. In June, consumption was expected to be slightly weaker, and the domestic market was expected to be in a tight balance or a slight inventory build - up [9] - The log 2507 contract opened at 765 on Monday, with a low of 759.5, a high of 770, and closed at 765, with an increase of 596 positions. The spot price was supported at 750 - 770 and faced resistance at 790 [9] - On June 3, the spot price of 3.9 - meter medium - A radiata pine logs in Shandong was 750 yuan/cubic meter, unchanged from the previous day; in Jiangsu, the 4 - meter medium - A radiata pine logs were 770 yuan/cubic meter, also unchanged [9] - On Tuesday night, the main contract of Zhengzhou cotton closed at 13,240 yuan/ton. As of June 5, the minimum basis quote at Xinjiang's designated delivery (supervision) warehouses was 410 yuan/ton, and the cotton inventory decreased by 40 lots [11] - On June 3, rb2510 closed at 2928 yuan/ton, and hc2510 closed at 3052 yuan/ton. Market transactions remained at a low level, and prices were generally stable with some weakening [11] - On June 3, ao2509 closed at 2998 yuan/ton. The impact of Guinea's revocation of some mining licenses has basically ended, and the future supply is expected to be in surplus [12] - On June 3, al2507 closed at 19,860 yuan/ton. The inventory in the East China market increased slightly after the holiday, and the market supply became more abundant [12] Influencing Factors - For coke, the loss of coke enterprises slightly expanded, and the daily output decreased. The demand also decreased, and the second - round price cut in the spot market was implemented [4] - For coking coal, some mines in major production areas limited production, but the overall supply remained stable and abundant. The daily customs clearance volume of Mongolian coal decreased, and the inventory in the supervision area increased [4] - The ANRPC April 2025 report predicted that global natural rubber production in April would decrease by 1.4% to 767,000 tons, and consumption would decrease by 1.3% to 1.248 million tons. The market decline was due to increased tapping and weak tire demand [5] - For soybean meal, as the arrival of soybeans increased, the inventory of soybeans and soybean meal rose. The short - term demand from feed enterprises was limited [7] - For live hogs, consumer demand was weak, and the supply was expected to increase in June, but the early - month slaughter decreased slightly [8] - For iron ore, in June, the supply was expected to increase as overseas mines rushed for quarterly output, while the terminal demand entered the off - season, and the pig iron output declined for three consecutive weeks [8] - For asphalt, the planned production in June increased significantly, but the demand was suppressed by the rainy season and was supported by the crude oil cost [8] - For copper, there were disruptions in the mining end, and domestic consumption was expected to be slightly weaker in June. The social inventory increased slightly during the holiday [9] - For logs, the port inventory increased slightly, the overall demand was weak, and the market entered the off - season [9] - For cotton, the US cotton sowing progress was slow, and the domestic cotton inventory decreased slightly [11] - For steel, market transactions were weak, and demand was expected to decline seasonally with the influence of the rainy season [11] - For alumina, the impact of mining license revocation ended, and the复产 of suspended enterprises led to concerns about future supply surplus [12] - For aluminum, the inventory in the East China market increased after the holiday, and the market supply became more abundant [12]

夜盘期货开盘，烧碱、纸浆、PTA、菜粕跌逾1%；沪锡、焦煤、低硫燃油等上涨。 ...