Group 1 - The core viewpoint of the article indicates that lithium carbonate futures are rising due to market disturbances and a continuous decrease in warehouse receipts, with institutional analysis suggesting that lithium ore prices will continue to increase in the short term [1] Group 2 - The article highlights that the combination of rising lithium ore prices and various market disturbances is likely to stimulate further price increases in the near future [1]

Group 1 - The main contract for coking coal increased by 4.00%, currently priced at 939.50 yuan per ton [1] - The main contract for silicon iron saw a rise of 2.00%, currently priced at 5566.00 yuan per ton [1]

Core Viewpoint - The Zhengzhou Commodity Exchange's main glass contract has increased by over 5%, currently priced at 1,081 yuan per ton [1] Group 1 - The main glass contract on the Zhengzhou Commodity Exchange has seen a significant price increase, indicating strong market demand or potential supply constraints [1]

焦煤主力合约站上900元/吨关口，涨幅4.59%，创逾2个月新高。焦炭主力合约涨超3%，报1497元/吨。 ...

焦煤主力合约日内大涨4.00%，现报873.50元/吨。焦炭主力合约日内涨近3%，现报1459元/吨。 ...

Group 1: Report Core View - Glass futures experienced a pullback after a rally, presenting a good opportunity to go long [3] - The expectation of production cuts is the key driver for the price increase of glass futures. Domestic leading photovoltaic glass enterprises plan to collectively cut production by 30% starting from July, and the supply in July is expected to drop to around 45GW. Previously, the glass industry had a serious oversupply issue, with prices dropping by over 70% and the industry in a loss - making state. Production cuts will alleviate the imbalance between supply and demand and accelerate capacity clearance, which is beneficial for price recovery. Additionally, Sanxia New Material announced a one - year cold repair of its float glass production line, and these production cut actions on the supply side support the price [4] - Policy factors also contribute to the rise in glass futures prices. The Central Financial and Economic Commission proposed to regulate the low - price and disorderly competition of enterprises, which will increase costs as enterprises improve product quality and reduce supply as backward production capacity exits [4] - From the market sentiment and technical aspects, glass futures may have been oversold previously and have a technical rebound demand. The market's expectation of production cut news and policies has strengthened the bullish sentiment, and capital inflows have pushed up the price. Moreover, the firm price of soda ash has caused some glass enterprises to incur losses, providing strong support for the glass price near the cost line [5] Group 2: Technical Analysis of Different Futures Stock Index Futures - The implementation of the new program trading regulations is imminent. It is expected that the market will continue to fluctuate upwards next Monday [8] Gold - The Fed's decision not to cut interest rates in the meeting has reduced the expectation of interest rate cuts this year, leading to an adjustment in the gold price. However, the overall trend remains bullish, and it is only a matter of time before it reaches a new high, although the pace is slow. Currently, it has adjusted to an important support level and is likely to resume its upward trend [12][13] Iron Ore - The supply of iron ore has increased month - on - month, pig iron production has weakened seasonally, and port inventories have started to accumulate again. The weak reality has increased the over - valuation risk of iron ore. Attention should be paid to steel mill profits. Technically, most of the prices have risen and then fallen today, and a wide - range oscillation approach should be adopted [16][17] Glass - The supply side of glass has not yet experienced a major loss - induced cold repair situation, factory inventories are still at a high level, and the downstream deep - processing orders have weak replenishment motivation, so the demand has not continued to increase significantly. It still depends on the effect of real estate stimulus or the introduction of major policies. Recently, the significant production cut of photovoltaic glass has affected market sentiment. Technically, the price has maintained a range - bound consolidation today, and the short - term sentiment has a greater impact. An oscillating and bullish approach should be adopted [20][21] Soybean Oil - Due to the long - term expectation of the US biodiesel policy and the uncertain situation in the Middle East, the short - term trend of soybean oil may be oscillating or bullish. However, the current supply - demand situation is not tight, and it is in a period of seasonal production and inventory increase in the medium term. When the price reaches the previous high pressure area of 8050 - 8000, a light - position short - term short - selling strategy can be considered [23]

Group 1 - The main contract for coking coal increased by 4.00%, currently priced at 858.00 yuan/ton [1] - The main contract for coke rose by 2.15%, currently priced at 1446.5 yuan/ton [1]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - On July 2, 2025, the main glass futures contract rose 4.00% intraday, reaching 1028.00 yuan/ton, driven by multiple factors [3]. - The stock index futures market is expected to continue to fluctuate, with the Shanghai Composite Index slightly adjusting and the Shenzhen Component Index and ChiNext Index adjusting more significantly [7][8]. - Gold is expected to restart its upward trend after adjusting to an important support level, despite a recent adjustment due to the Fed's decision not to cut interest rates [11][12]. - The iron ore market should be viewed with a wide - range oscillation mindset, considering supply increases, weakening iron - water production, and port inventory accumulation [15][16]. - The glass market should be viewed with a bullish - leaning oscillation mindset, affected by short - term sentiment and recent significant production cuts in photovoltaic glass [19]. - The soybean oil market is expected to oscillate or strengthen in the short term due to the US biodiesel policy and the uncertain Middle - East situation, but short - sell lightly when the price reaches the 8050 - 8000 resistance area [22]. 3. Summary by Related Catalogs Hot Focus - The price increase of glass futures is due to production cut expectations (domestic leading photovoltaic glass enterprises plan to cut production by 30% starting from July, and a company plans to shut down a production line for cold repair), policy factors (the Central Financial and Economic Commission's measures to address low - price competition and promote quality improvement), market sentiment and technical factors (previous oversold condition and cost support from strong soda ash prices) [3][4]. Technical Analysis - Stock Index Futures - The market is expected to continue to oscillate, with the Shanghai Composite Index slightly adjusting and the Shenzhen Component Index and ChiNext Index adjusting more significantly [7][8]. Technical Analysis - Gold - After adjusting to an important support level, gold is likely to restart its upward trend. Although the Fed's decision not to cut interest rates has led to a short - term adjustment, the long - term outlook remains bullish [11][12]. Technical Analysis - Iron Ore - Supply has increased month - on - month, iron - water production has weakened seasonally, and port inventories have resumed accumulation. The market should be viewed with a wide - range oscillation mindset, and the over - valuation risk of iron ore should be noted [15][16]. Technical Analysis - Glass - The market should be viewed with a bullish - leaning oscillation mindset. Although there has been significant production cut in photovoltaic glass recently, the supply side has not seen major cold - repair due to losses, factory inventories are still high, and downstream demand has not increased significantly [19][20]. Technical Analysis - Soybean Oil - The market is expected to oscillate or strengthen in the short term due to the US biodiesel policy and the uncertain Middle - East situation. However, considering the current supply - demand situation and the upcoming seasonal increase in production and inventory, short - sell lightly when the price reaches the 8050 - 8000 resistance area [22].

Group 1 - Cocoa futures in London rose over 4%, reaching £5,850 per ton [1]

Group 1 - The core viewpoint of the article highlights the strong rebound in jujube futures, with prices reaching a two-month high, primarily driven by the exchange's reduction of jujube margin requirements [1] - Market enthusiasm has increased as funds actively follow the price surge, indicating a positive sentiment among traders [1] - The sustainability of this price increase will depend on subsequent weather developments and their impact on actual production capacity [1]