古都西安，金融赋能。近日，宏达国际期货财富峰会在西安盛大举办并圆满收官，本次峰会以"共探期市新机，共创财富未来"为核心，汇聚行业精英与投资 同仁，共赴一场专业与机遇兼具的财富盛宴。 峰会现场星光熠熠，宏达国际期货董事长高亮东、总经理简军领衔出席，呼遥、杨芳、闵婷、敬勃、万文辉等各系统领导人齐聚一堂，与众多新老朋友共襄 盛举。开场环节，总经理简军发表致辞，向到场嘉宾致以诚挚欢迎，分享了公司的发展理念与行业布局，并主持了隆重的分红奖励颁发仪式，将现场氛围推 向小高潮。 专业分享环节，商学院肖老师带来了干货满满的市场行情深度解析与期货知识科普，结合实际案例拆解投资逻辑，为参会者提供了极具实操性的参考。峰会 中途穿插的抽奖环节惊喜不断，丰厚礼品接连送出，让现场欢声笑语持续升温。抽奖结束后，董事长高亮东登台，详细介绍了公司的发展历程、核心优势与 未来规划，传递了与投资者携手共赢的坚定决心。 本次峰会吸引了大批期货投资领域的新朋友参与，大家在交流中碰撞思想、共享资源，既收获了专业知识，也搭建了广阔的合作桥梁。最后，在热烈融洽的 氛围中，宏达国际期货财富峰会圆满落幕。愿所有参会者在宏达国际期货的助力下旗开得胜，共赴财富新征 ...

炒期货选对APP是盈利第一步，面对文华财经、博易大师、同花顺等众多平台，到底哪款能兼顾行情、 资讯与交易？经过深度测评，新浪财经APP凭借行情全、资讯快、交易便捷的综合优势，成为专业投资 者的首选。 1． 行情对比：谁能快准全捕捉市场波动？ 综合来看，文华财经专业性强但功能割裂，博易大师基础功能够用但缺乏亮点，同花顺期货通社区活跃 却深度不足。只有新浪财经APP实现了行情、资讯、交易的无缝衔接，一个APP搞定炒期货全部需求， 堪称专业投资者的必备工具。 新浪合作大平台期货开户 安全快捷有保障 新浪财经APP覆盖全球40多个市场，对接80+交易所数据源，行情刷新达0.03秒级，2025年5月商品期货 夜盘暴跌时仍保持毫秒级更新，远超行业1-2秒延迟水平；国内五大期交所+美、英、日外盘品种全覆 盖，还支持自定义价格预警和20余种技术指标叠加。 文华财经虽有56个国内商品指数，但外盘行情需付费；博易大师境外行情延时10-15分钟，实时数据需 额外购买；同花顺期货通覆盖品种较全，但行情速度落后于新浪。 2． 资讯对比：谁能抢占消息先机？ 新浪财经APP依托门户优势，7×24小时推送全球快讯，突发消息毫秒级触达；还设期 ...

镍与不锈钢日评20251209:修复后区间震荡 | 2025-12-05 | 2025-12-01 | 交易日期(日) | 2025-12-08 | 较昨日变化 | 近两周走势 | 期货近月合约 | 收盘价 | 117450.00 | 117460.00 | 280.00 | 117730.00 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 118030.00 | 117790.00 | 240.00 | 期货连一合约 | 收盘价 | 117850.00 | 期货连二合约 | 收盘价 | 118200.00 | 117950.00 | 118060.00 | 250.00 | | | | | 期货连三合约 | 190.00 | 收盘价 | 118390.00 | 118200.00 | 118240.00 | 118030.00 | 240.00 | 收盘价 | 117790.00 | 117850.00 | | | | | | m | 上海期镍 | 成 ...

2025年12月09日 国泰君安期货商品研究晨报-黑色系列 观点与策略 | 铁矿石：下游需求空间有限，估值偏高 | 2 | | --- | --- | | 螺纹钢：板块情绪偏弱，低位震荡 | 3 | | 热轧卷板：板块情绪偏弱，低位震荡 | 3 | | 硅铁：板块情绪冲击，底部震荡 | 5 | | 锰硅：海外矿企报价坚挺，宽幅震荡 | 5 | | 焦炭：宽幅震荡 | 7 | | 焦煤：宽幅震荡 | 7 | | 原木：低位震荡 | 9 | 国 泰 君 安 期 货 研 究 请务必阅读正文之后的免责条款部分 1 期货研究 商 品 研 究 所 商 品 研 2025 年 12 月 9 日 铁矿石：下游需求空间有限，估值偏高 张广硕 投资咨询从业资格号：Z0020198 zhangguangshuo@gtht.com 【基本面跟踪】 铁矿石基本面数据 | | | | 昨日收盘价（元/吨） | 涨跌（元/吨） | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 期 货 | | | 778.5 | -7.0 | -0.89% | | | I2601 | | | 昨日持仓（手） | ...

交易咨询业务资格：证监许可【2012】1091号 沥青期货早报 2025年12月9日 大越期货投资咨询部 金泽彬 从业资格证号：F3048432 投资咨询证：Z0015557 联系方式：0575-85226759 1 重要提示：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作参考之用，不构成对任何人的投资建议 。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 目 录 1 每日观点 2 基本面/持仓数据 每日观点 供给端来看，根据隆众，2025年12月份沥青总计划排产量为215.8万吨，环比降幅3.24%。本周国内 石油沥青样本产能利用率为30.0815%，环比增加0.599个百分点，全国样本企业出货28.06万吨，环 比增加7.06%,样本企业产量为50.2万吨，环比增加2.03%,样本企业装置检修量预估为82.6万吨，环 比减少4.61%,本周炼厂有所增产，提升供应压力。下周或将增加供给压力。 需求端来看，重交沥青开工率为27.9%，环比增加0.00个百分点，低于历史平均水平；建筑沥青开工 率为6.6%，环比持平，低于历史平均水平；改性沥青开工率为9.2238%， ...

| | | 研究员： 刘锦 从业资格：F0276812 交易咨询资格：Z0011862 联系方式：13633849418 Morning session notice 早盘提示 更多精彩内容请关注格林大华期货官方微信 格林大华期货研究院 证监许可【2011】1288 号 2025 年 12 月 09 日星期周二 | 板块 | 品种 | 多（空） | 推荐理由 【行情复盘】 | | --- | --- | --- | --- | | | | | 12 月 8 日，美豆新作种植面积预估增加，对华出口放缓，美豆油下跌带动国内豆油 | | | | | 走弱，澳菜籽开榨在即，菜籽油跌幅进一步加速，棕榈油跟随下下跌。 | | | | | 豆油主力合约 Y2605 合约报收于 8032 元/吨，按收盘价日环下跌 0.59%，日增仓 7193 | | | | | 手； | | | | | 豆油次主力合约 Y2609 合约报收于 7952 元/吨，按收盘价日环比下跌 0.75%，日增 | | | | | 仓 2803 手; | | | | | 棕榈油主力合约 P2605 合约收盘价 8702 元/吨，按收盘价日环比下跌 0.6 ...

| 铅锌日评20251209：沪铅震荡偏强；沪锌震荡整理 | 2025/12/9 | 指标 | 近期趋势 | 单位 | 今值 | 变动 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 17,200.00 | 0.15% | SMM1#铅锭平均价格 | 元/吨 | 沪铅期现价格 | 期货主力合约收盘价 | 17,340.00 | 0.29% | 元/吨 | | 元/吨 | -140.00 | -25.00 | 沪铅基差 | 20.00 | -5.00 | 升贴水-上海 | 元/吨 | | | 美元/吨 | -49.15 | -9.79 | 升贴水-LME 0-3 | 美元/吨 | -94.60 | -3.10 | 升贴水-LME 3-15 | 价差 | | 元/吨 | -55.00 | -45.00 | 沪铅近月-沪铅连一 | 5.00 | 20.00 | 沪铅连一-沪铅连二 | 元/吨 | 铅 | | 元/吨 | -15.00 | 10.00 | 沪铅连二-沪铅连三 | 38,061.00 | -14.49% | 期货活跃合约成交 ...

金信期货日刊 本刊由金信期货研究院撰写 2025/12/09 GOLDTRUST FUTURES CO.，LTD ibaotu.com 热点聚焦 焦煤接近跌停板，后市怎么看？ 12月8日焦煤主力合约价格报1102.5元/吨，当日跌7.13%，且11月以来累计跌幅已达17%. 后续大概率呈短期承压震荡、下跌空间有限，反弹高度受限的态势 ： 供应端，国内煤矿受超产核查等约束产量处近年同期低位，但蒙煤通关量高位、海运煤集中到港，12月进 口端仍将持续压制价格 。 需求端，当前铁水日产量232万吨，12月钢厂检修增多将进一步拉低产量，叠加钢厂库存充裕，对焦煤采 购意愿低迷 。 不过当前2601合约价已低于1100元/吨的主流现货仓单成本，且春节前下游存在补库需求，会支撑价格难 再大幅下探 。 而宏观政策利好尚未转化为实质需求，短期多空博弈加剧，主力合约尚未企稳，抄底操作需格外谨慎。 GOLDTRUST FUTURES 数据来源：公开资料、金信期货 观点仅供参考，市场有风险，入市需谨慎 感谢您下载包图网平台上提供的PPT作品，为了您和包图网以及原创作者的利益，请勿复制、传播、销售，否则将承担法律责任！包图网将对作品进行 ...

Report Summary 1. Report Industry Investment Rating There is no information about the industry investment rating in the report. 2. Report Core View The report analyzes the market trends, core logics, technical aspects, and provides strategy suggestions for three commodities: lithium carbonate, polysilicon, and industrial silicon futures. It also points out the influencing factors and potential driving forces for each commodity [1][3][9]. 3. Key Points by Commodity Lithium Carbonate - **Market Trend**: The lithium carbonate futures showed a strong performance today. The main 2605 contract rose 2.91% from the previous trading day's closing price, reaching 94,840 yuan/ton [1]. - **Core Logic**: Affected by news, the price increased significantly. Nigeria's 19 northern states plan to suspend mining activities for six months. China imported about 400,000 tons of lithium ore from Nigeria in the first half of this year, corresponding to about 50,000 tons of equity lithium carbonate. Fundamentally, lithium carbonate continued the de - stocking pattern, and the apparent demand increased slightly month - on - month [1]. - **Technical Analysis**: The overall open interest of lithium carbonate futures increased slightly today, still controlled by bulls, with a certain reduction of positions at the end of the session. There was an entry opportunity at 10:05 with the "Three - line Resonance Method" and increased trading volume, offering a 1:2 profit - loss ratio. The 5 - minute cycle of the main 2605 contract is a green - line, red - band, green - ladder pattern, and the overnight 2 - hour cycle is still a weak green ladder line, with the long - short dividing water level at 96,940 yuan/ton [1]. - **Strategy Suggestion**: In the context of "strong reality, strong expectation", the operation should be mainly to go long on dips. Intraday operations can refer to the 8:30 morning live broadcast and the Band Winner indicator [1]. Polysilicon - **Market Trend**: The polysilicon futures showed a weak performance today. The 2605 contract fell 0.16% from the previous trading day's closing price, reaching 53,065 yuan/ton [3]. - **Core Logic**: On December 5, the Guangzhou Futures Exchange announced an adjustment to polysilicon futures registered brands, adding "Jingnuo" and "Orient Hope" as registered brands. However, today's polysilicon market decline was less than expected, and it showed a relatively strong trend after a gap - down opening. Fundamentally, there is some seasonal production reduction on the supply side, but the inventory accumulation pattern continues. The downstream industry chain demand is weak, production schedules have declined, and the prices of downstream silicon wafers and battery cells have also decreased to some extent [3][6]. - **Technical Analysis**: The overall open interest of polysilicon futures decreased slightly today, with a gradual shift of positions. The 05 contract is still controlled by bulls. The 5 - minute cycle of the polysilicon 2605 contract is a red - line, red - band, red - ladder pattern, and the overnight 2 - hour cycle is still a weak green ladder line, with the long - short dividing water level at 55,045 yuan/ton [6]. - **Strategy Suggestion**: The contradiction between the strong futures market with low warehouse receipts and the weak spot market with oversupply remains unchanged. Polysilicon may maintain a high - level oscillation in the short term. Intraday operations can refer to the 8:30 morning live broadcast and the Band Winner indicator [6]. Industrial Silicon - **Market Trend**: The industrial silicon futures showed a weak performance today, following the polysilicon trend. The main 2601 contract fell 1.48% from the previous trading day's closing price, reaching 8,675 yuan/ton [9]. - **Core Logic**: It opened with a gap down following the polysilicon trend, mainly affected by market sentiment. The supply - demand weakness pattern of industrial silicon continues, and the industry inventory is at a three - year high, with three consecutive weeks of inventory accumulation. Specifically, the production in the southwest region during the dry season has continuously decreased to the lowest level this year, while the northern large - scale manufacturers in the eastern region have sporadically increased production and plan to gradually increase to full - load operation. The downstream weakness has not changed significantly, with all facing production reduction expectations and limited restocking [9]. - **Technical Analysis**: The overall open interest of industrial silicon futures increased significantly today, still controlled by bears. The 5 - minute cycle of the main 2601 contract has changed to a red - line, red - band, red - ladder pattern, and the overnight 2 - hour cycle is still a weak green ladder line, with the long - short dividing water level at 9,145 yuan/ton [9]. - **Strategy Suggestion**: It is still regarded as weak, mainly affected by policies and news. Pay attention to short - term emotional fluctuations. Intraday operations can refer to the 8:30 morning live broadcast and the Band Winner indicator [9].

投资咨询业务资格：证监许可【2012】31号 【玻璃纯碱（ 】 情绪再度回落，价格承压为主 国贸期货 黑色金属研究中心 2025-12-08 黄志鸿 从业资格证号：F3051824 投资咨询证号：Z0015761 01 PART ONE 主要观点及策略概述 玻璃:供给减量，价格有支撑 | 影响因素 | 驱动 | 主要逻辑 | | --- | --- | --- | | 供给 | 中性 | 产量下降。本周全国浮法玻璃日产量为15.5万吨，比27日-1.4%。行业开工率为73.4%，比27日-0.92个百分点；行业产能利用率为77.25%，比27 日-1.33个百分点。本周条3条生产线放水冷修，1条生产线点火，产量延续下降趋势。下周暂无生产线存在点火或者冷修计划，产量预计持稳。 | | 需求 | 中性 | 需求有支撑，近期局部供应减量影响下，原片企业阶段性出货良好，但终端需求支撑有限，订单排产情况不佳拖累业者信心，当前市场以刚性 | | | | 需求为主，对整体产销的实际支撑较为有限。 | | 库存 | 中性 | 库存去化，企业库存5944.2万重箱，环比-292万重箱，环比-4.68%，同比+23.25%。折库 ...