国内 商品期货大面积收涨，集运欧线涨停，涨幅16%，苯乙烯涨超4%， 铁矿石、对二甲苯、BR 橡胶 涨超3%，多晶硅、 原油、原木、短纤、烧碱、 棉花涨超2%。 ...

Group 1 - The core viewpoint of the article highlights the performance of various commodity futures, with notable increases in the prices of nickel, crude oil, fuel oil, asphalt, and iron ore, all rising over 1% [1] - The main contract for nickel on the Shanghai Futures Exchange saw an increase of over 2% [1] - In contrast, the prices of gold, glass, and BR rubber experienced declines of over 1% [1]

记者从上海文华财经资讯股份有限公司了解到，目前商品期货沉淀资金总量已近4800亿元，较年初的 3300亿元增长了约1500亿元。分品种来看，沪金成为最强"吸金"品种，目前沉淀资金量已突破1000亿 元，较年初的515亿元增长了485亿元，涨幅高达94%；沪铜和沪银目前的沉淀资金分别为380亿元、280 亿元，分别较年初增长120亿元、100亿元。虽然另有螺纹钢和沪铝等4个品种沉淀资金也保持在100亿元 上方，但相较沪金等品种差距明显；同时，其余品种沉淀资金均相对较低。整体来看，商品期货资金集 中度较高，部分品种"吸金"明显。 主力机构席位调整 分板块来看，浙商商品板块指数显示，截至5月9日，年内贵金属板块以近17%的涨幅位居各板块之首， 成为最活跃板块，同时，该板块不仅沉淀资金规模创下历史新高，资金净流入也较为显著。此外，农产 品和有色金属板块也呈现出较高活跃度，其中，农产品板块以3.4%的涨幅排名第二，有色金属板块以 1.3%的涨幅排名第三。 虽然化工板块和工业品板块跌幅明显，但由于期货市场多空交易机制，即便品种处于下行行情中依然存 在明显投资机会。 浙商期货有限公司高级研究员李天浪对《证券日报》记者表示， ...

国内 商品期货收盘涨跌不一，多晶硅涨超5%，氧化铝涨超3%，燃料油、LU燃油、 原油、对二甲苯涨 超2%，沥青、BR橡胶、短纤、锰硅、瓶片涨超1%，跌幅方面，焦炭跌超2%，玻璃、焦煤、螺纹钢、 沪金、碳酸锂跌超1%。 ...

商品期货收盘，氧化铝主力合约涨超3%，锰硅、多晶硅、对二甲苯涨超2%，PTA、棉纱、短纤、瓶 片、LU燃油涨超1%。集运欧线跌超3%，铁矿石、焦炭、焦煤、玻璃跌超2%。 ...

商品研究 | 走势评级: | 白糖 | 震荡 | | --- | --- | --- | | | 棉花- | 震荡 | 张秀峰—分析师 从业资格证号：F0289189 投资咨询证号：Z0011152 联系电话：0571-28132619 邮箱：zhangxiufeng@cindasc.com 期货研究报告 美棉假期先弱后强，短期保持观望 [T报ab告le日_R期ep：ortDate] 2025-05-06 报告内容摘要: [Table_Summary] 白糖：在 2024/25 年度，除了云南以外，其他主要产区的糖厂已经开始收 榨，食糖的恢复性增产已成定局。五一等节假日的消费拉动了食糖需求，支 撑了糖价的稳定。国际方面，巴西在 2025/26 年度的制糖生产逐步展开，但 由于天气因素，其产糖量存在不确定性，预计短期内国际糖价将震荡走弱。 后续需关注国内甘蔗和甜菜的种植及生长情况，以及巴西的食糖生产进度。 软商品日报 走势评级： 白糖——震荡 棉花——震荡 棉花：由于美国对我国出口商品加征关税，中国的纺织品和服装出口出现 放缓，消费量减少了 20 万吨，降至 760 万吨，进口量也减少了 20 万吨， 降至 1 ...

Group 1 - The core viewpoint of the article highlights significant price movements in various commodity futures, with urea futures rising over 6% and shipping rates on the European route increasing by more than 3% [1] - Other commodities such as caustic soda saw an increase of over 2%, indicating a positive trend in certain sectors [1] - Conversely, crude oil prices fell by more than 3%, along with declines in glass, aluminum oxide, rapeseed meal, LU fuel oil, pulp, and fuel oil, all dropping over 2% [1]

◼ 主要品种价格行情驱动逻辑—商品期货农产品板块 策略参考 投资咨询业务资格：证监许可【2011】1778 号 宝城期货豆类油脂早报（2025 年 4 月 30 日） 品种观点参考 备注： 1.有夜盘的品种以夜盘收盘价为起始价格，无夜盘的品种以昨日收盘价为起始价格，当日日盘收盘 价为终点价格，计算涨跌幅度。 2.跌幅大于 1%为偏弱，跌幅 0~1%为震荡偏弱，涨幅 0~1%为震荡偏强，涨幅大于 1%为偏强。 3.震荡偏强/偏弱只针对日内观点，短期和中期不做区分。 品种：豆粕（M） 日内观点：震荡偏强 中期观点：震荡 参考观点：震荡偏强 核心逻辑：随着华北、东北地区豆粕现货价格持续下跌，豆粕期货价格受到拖累跟随呈现持续下跌走势。 北方地区贸易商杀价出货，连带沿海豆粕现货价格整体大幅度走低。市场聚焦 5 月份进口大豆到港、油厂 开机计划以及下游假期前后的库存采购节奏，短期市场波动进一步加剧。随着现货价格整体走弱，高基差 整体延续回落。节前最后一个交易日，随着现货市场跌势放缓，豆类期价或将止跌回稳。 专业研究·创造价值 1 / 3 请务必阅读文末免责条款 时间周期说明：短期为一周以内、中期为两周至一月(以前一日夜盘 ...

智通财经4月29日电，商品期货夜盘收盘，纸浆跌超3%，玻璃、纯碱跌超2%，焦煤、燃油、低硫燃料 油（LU）跌超1%；烧碱涨0.58%。 ...

Group 1: Commodity Market Overview - The domestic commodity futures market experienced a weak trend on April 28, with the China Securities Commodity Futures Price Index closing at 1376.15 points, down 5.55 points or 0.40% from the previous trading day [1] - The energy and chemical sector showed strength, particularly in the polyester chain, with short fibers, low-sulfur fuel oil, and PTA recording approximately 2% gains [1][3] - In contrast, the metal sector continued to adjust, with polysilicon leading the decline, dropping over 3%, while gold and silver fell more than 1% [1][4] Group 2: Polyester Chain Performance - The polyester industry chain maintained a strong performance, with short fiber futures leading the market with a 2.08% increase, while PTA and bottle chips also rose over 1% [3] - Global trade tensions have lessened their impact on market sentiment, and the recovery of international oil prices has supported the stabilization of energy and chemical products [3] - However, there are concerns regarding weak demand in both domestic and foreign trade, leading to increased inventory levels in short fiber factories [3] Group 3: Metal Sector Weakness - The metal sector, including energy metals, faced a collective downturn, with polysilicon dropping 3.05%, and lithium carbonate and industrial silicon also declining [4] - Despite a previous rebound due to production control rumors, the demand for photovoltaic installations has cooled, exacerbating supply-demand imbalances for silicon materials [4] - The overall sentiment in the metal market remains bearish, with expectations of continued pressure on polysilicon prices due to weak future demand and slow inventory depletion [4] Group 4: Oilseed and Oil Market Trends - The oilseed and oil market also saw a collective decline, with soybean meal, palm oil, and No. 2 yellow soybeans all dropping over 2% [5] - The market sentiment turned negative due to downstream resistance to high-priced soybean meal, alongside a retreat in U.S. soybean prices and expectations of increased domestic oilseed supply [5] - In the absence of substantial positive fundamentals, the oilseed market is likely to maintain a weak and volatile trend [5]