热轧卷板产业链

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瑞达期货热轧卷板产业链日报-20250612
Rui Da Qi Huo· 2025-06-12 10:39
研究员: 蔡跃辉 期货从业资格号F0251444 期货投资咨询从业证书号Z0013101 免责声明 本报告中的信息均来源于公开可获得资料,瑞达期货股份有限公司力求准确可靠,但对这些信息的准确性及完整性不做任何保证,据此投资,责任 自负。本报告不构成个人投资建议,客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有,未经书面许可,任 何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发,需注明出处为瑞达期货股份有限公司研究院,且不得对本报告进行有悖原意的引 用、删节和修改。 热轧卷板产业链日报 2025/6/12 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | HC 主力合约收盘价(元/吨) | 3,080 | -28↓ HC 主力合约持仓量(手) | 1566756 | +3326↑ | | | HC 合约前20名净持仓(手) | 128,867 | -12831↓ HC10-1合约价差(元/吨) | 1 | -5↓ | | | HC 上期所仓单日报(日 ...
瑞达期货热轧卷板产业链日报-20250611
Rui Da Qi Huo· 2025-06-11 09:20
热轧卷板产业链日报 2025/6/11 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | HC 主力合约收盘价(元/吨) | 3,108 | +19↑ HC 主力合约持仓量(手) | 1563430 | -29186↓ | | 期货市场 | HC 合约前20名净持仓(手) | 141,698 | +9669↑ HC10-1合约价差(元/吨) | 6 | +2↑ | | | HC 上期所仓单日报(日,吨) | 120640 | -2358↓ HC2510-RB2510合约价差(元/吨) | 117 | +2↑ | | | 杭州 4.75热轧板卷(元/吨) | 3,220.00 | +10.00↑ 广州 4.75热轧板卷(元/吨) | 3,220.00 | 0.00 | | 现货市场 | 武汉 4.75热轧板卷(元/吨) | 3,230.00 | 0.00 天津 4.75热轧板卷(元/吨) | 3,130.00 | +10.00↑ | | | HC主力合约基差(元/吨) | 112.00 | -9. ...
瑞达期货热轧卷板产业链日报-20250610
Rui Da Qi Huo· 2025-06-10 09:00
Report Industry Investment Rating - No information provided Core Viewpoints - On Tuesday, the HC2510 contract first declined and then rebounded. In May, China's CPI decreased by 0.1% year - on - year, with the decline rate remaining the same as the previous month; the PPI decreased by 3.3% year - on - year, with the decline rate widening by 0.6 percentage points compared to the previous month. In terms of supply and demand, the weekly output of hot - rolled coils increased by 92,000 tons this period, and the capacity utilization rate was adjusted up to 83.98%; the factory inventory and social inventory continued to increase, with the total inventory increasing by 78,300 tons and the apparent demand decreasing by 60,100 tons. Overall, the export volume of steel and automobiles remained strong. In the short term, continue to focus on the results of the China - US talks. Technically, the 1 - hour MACD indicator of the HC2510 contract shows that DIFF and DEA rebounded to near the 0 axis. For operation, conduct intraday short - term trading and pay attention to rhythm and risk control [2] Summary by Related Catalogs Futures Market - The closing price of the HC main contract was 3,089 yuan/ton, a decrease of 6 yuan; the trading volume was 1,592,616 lots, an increase of 7,398 lots. The net position of the top 20 in the HC contract was 132,029 lots, an increase of 2,442 lots. The HC10 - 1 contract spread was 4 yuan/ton, an increase of 2 yuan. The HC warehouse receipt of the Shanghai Futures Exchange was 122,998 tons, a decrease of 1,783 tons. The HC2510 - RB2510 contract spread was 115 yuan/ton, an increase of 1 yuan [2] Spot Market - The price of 4.75 hot - rolled coils in Hangzhou was 3,210 yuan/ton, unchanged; in Guangzhou was 3,220 yuan/ton, unchanged; in Wuhan was 3,240 yuan/ton, unchanged; in Tianjin was 3,120 yuan/ton, unchanged. The basis of the HC main contract was 121 yuan/ton, an increase of 6 yuan. The price difference between Hangzhou hot - rolled coils and rebar was 90 yuan/ton, unchanged [2] Upstream Situation - The price of 61.5% PB iron ore fines at Qingdao Port was 720 yuan/wet ton, a decrease of 6 yuan. The price of quasi - first - grade metallurgical coke in Hebei was 1,320 yuan/ton, unchanged. The price of 6 - 8mm scrap steel in Tangshan was 2,205 yuan/ton, unchanged. The price of Q235 billet in Hebei was 2,900 yuan/ton, an increase of 10 yuan. The domestic iron ore port inventory was 138.2669 million tons, a decrease of 398,900 tons. The coke inventory of sample coking plants was 881,900 tons, an increase of 97,100 tons. The coke inventory of sample steel mills was 6.4595 million tons, a decrease of 89,300 tons. The billet inventory in Hebei was 674,500 tons, an increase of 2,800 tons [2] Industry Situation - The blast furnace operating rate of 247 steel mills was 83.54%, a decrease of 0.35 percentage points. The blast furnace capacity utilization rate of 247 steel mills was 90.63%, a decrease of 0.04 percentage points. The hot - rolled coil output of sample steel mills was 3.2875 million tons, an increase of 92,000 tons. The hot - rolled coil capacity utilization rate of sample steel mills was 83.98%, an increase of 2.35 percentage points. The hot - rolled coil inventory of sample steel mills was 763,500 tons, an increase of 13,300 tons. The social inventory of hot - rolled coils in 33 cities was 2.6429 million tons, an increase of 65,000 tons. The domestic crude steel output was 86.02 million tons, a decrease of 6.82 million tons. The net steel export volume was 1.0097 million tons, an increase of 15,700 tons [2] Downstream Situation - The monthly automobile production was 2.6188 million vehicles, a decrease of 387,100 vehicles. The monthly automobile sales were 2.5896 million vehicles, a decrease of 325,900 vehicles. The monthly output of air conditioners was 30.833 million units, a decrease of 2.8789 million units. The monthly output of household refrigerators was 8.179 million units, a decrease of 1.2045 million units. The monthly output of household washing machines was 9.651 million units, a decrease of 1.3512 million units [2] Industry News - According to the latest data from the General Administration of Customs, in May 2025, China exported 695,000 automobiles; from January to May, the cumulative export was 2.853 million vehicles, a year - on - year increase of 16.8%. According to the Passenger Car Association, the retail sales of the national passenger car market in May were 1.96 million vehicles, a year - on - year increase of 13.9% and a month - on - month increase of 10%; from January to May, the cumulative retail sales of the national passenger car market were 8.934 million vehicles, a year - on - year increase of 9.5% [2]
瑞达期货热轧卷板产业链日报-20250603
Rui Da Qi Huo· 2025-06-03 10:07
热轧卷板产业链日报 2025/6/3 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | HC 主力合约收盘价(元/吨) | 3,052 | -24↓ HC 主力合约持仓量(手) | 1588097 | +9572↑ | | | HC 合约前20名净持仓(手) | 127,257 | +4054↑ HC10-1合约价差(元/吨) | 7 | +13↑ | | | HC 上期所仓单日报(日,吨) | 136603 | -1179↓ HC2510-RB2510合约价差(元/吨) | 124 | +9↑ | | 现货市场 | 杭州 4.75热轧板卷(元/吨) | 3,170.00 | -20.00↓ 广州 4.75热轧板卷(元/吨) | 3,200.00 | -40.00↓ | | | 武汉 4.75热轧板卷(元/吨) | 3,220.00 | -20.00↓ 天津 4.75热轧板卷(元/吨) | 3,100.00 | -50.00↓ | | | HC主力合约基差(元/吨) | 118.00 ...
瑞达期货热轧卷板产业链日报-20250529
Rui Da Qi Huo· 2025-05-29 09:18
Report Summary 1. Investment Rating - No investment rating for the industry is provided in the report. 2. Core View - On Thursday, the HC2510 contract initially declined and then rebounded. The overall terminal demand for hot - rolled coils has strong resilience, with the apparent demand turning from a decline to an increase, which supports the low - level rebound of hot - rolled coils. However, the black sector is weak, so the rebound of hot - rolled coils faces significant pressure. Technically, the 1 - hour MACD indicator of the HC2510 contract shows that DIFF and DEA are running below the 0 axis. The recommended operation is intraday short - term trading with risk control [2]. 3. Data Summary Futures Market - HC main contract closing price: 3,110 yuan/ton, up 10 yuan [2]. - HC main contract open interest: 1,552,234 lots, up 15,120 lots [2]. - Net open interest of the top 20 in HC contracts: 136,102 lots, up 22,508 lots [2]. - HC10 - 1 contract spread: - 8 yuan/ton, up 2 yuan [2]. - HC Shanghai Futures Exchange warehouse receipt: 148,677 tons, down 4,454 tons [2]. - HC2510 - RB2510 contract spread: 132 yuan/ton, down 4 yuan [2]. Spot Market - Hangzhou 4.75 hot - rolled coil: 3,200 yuan/ton, up 10 yuan [2]. - Guangzhou 4.75 hot - rolled coil: 3,240 yuan/ton, unchanged [2]. - Wuhan 4.75 hot - rolled coil: 3,240 yuan/ton, unchanged [2]. - Tianjin 4.75 hot - rolled coil: 3,150 yuan/ton, unchanged [2]. - HC main contract basis: 90 yuan/ton, unchanged [2]. - Hangzhou hot - rolled coil - rebar spread: 90 yuan/ton, up 10 yuan [2]. Upstream Situation - Qingdao Port 61.5% PB iron ore fines: 737 yuan/wet ton, up 5 yuan [2]. - Hebei quasi - first - grade metallurgical coke: 1,400 yuan/ton, down 50 yuan [2]. - Tangshan 6 - 8mm scrap steel: 2,205 yuan/ton, unchanged [2]. - Hebei Q235 billet: 2,910 yuan/ton, up 10 yuan [2]. - Domestic iron ore port inventory: 13,987.83 million tons, down 178.26 million tons [2]. - Sample coking plant coke inventory: 73.30 million tons, up 8.05 million tons [2]. - Sample steel mill coke inventory: 660.90 million tons, down 2.62 million tons [2]. - Hebei billet inventory: 69.3 million tons, down 5.21 million tons [2]. Industry Situation - 247 steel mill blast furnace operating rate: 83.67%, down 0.46% [2]. - 247 steel mill blast furnace capacity utilization rate: 91.3%, down 0.44% [2]. - Sample steel mill hot - rolled coil output: 319.55 million tons, up 13.87 million tons [2]. - Sample steel mill hot - rolled coil capacity utilization rate: 81.63%, up 3.54% [2]. - Sample steel mill hot - rolled coil factory inventory: 75.02 million tons, down 1.90 million tons [2]. - 33 - city hot - rolled coil social inventory: 257.79 million tons, down 5.48 million tons [2]. - Domestic crude steel output: 8,602 million tons, down 682 million tons [2]. - Steel net export volume: 994 million tons, down 2 million tons [2]. Downstream Situation - Automobile production: 261.88 million vehicles, down 38.71 million vehicles [2]. - Automobile sales: 258.96 million vehicles, down 32.59 million vehicles [2]. - Air - conditioner production: 3,083.30 million units, down 287.89 million units [2]. - Household refrigerator production: 817.90 million units, down 120.45 million units [2]. - Household washing machine production: 965.10 million units, down 135.12 million units [2]. Industry News - Mysteel on May 29 reported that the actual hot - rolled coil output was 319.55 million tons, an increase of 13.87 million tons; factory inventory and social inventory continued to decline, with total inventory down 7.38 million tons and apparent demand up 13.87 million tons [2]. - The US Federal Court on May 28 blocked the tariff policy announced by President Trump on April 2 and ruled that Trump's act of imposing comprehensive tariffs on countries with more exports than imports to the US exceeded his authority [2].
瑞达期货热轧卷板产业链日报-20250515
Rui Da Qi Huo· 2025-05-15 08:55
数据来源第三方,观点仅供参考。市场有风险,投资需谨慎! 备注:HC:热轧卷板 研究员: 蔡跃辉 期货从业资格号F0251444 期货投资咨询从业证书号Z0013101 免责声明 本报告中的信息均来源于公开可获得资料,瑞达期货股份有限公司力求准确可靠,但对这些信息的准确性及完整性不做任何保证,据此投资,责任 自负。本报告不构成个人投资建议,客户应考虑本报告中的任何意见或建议是否符合其特定状况。本报告版权仅为我公司所有,未经书面许可,任 何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发,需注明出处为瑞达期货股份有限公司研究院,且不得对本报告进行有悖原意的引 用、删节和修改。 热轧卷板产业链日报 2025/5/15 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | HC 主力合约收盘价(元/吨) | 3,260 | -7↓ HC 主力合约持仓量(手) | 1362524 | +10630↑ | | | HC 合约前20名净持仓(手) | 80,023 | -18179↓ HC10-1 ...