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成都钢材今日价格、价格行情、最新报价(2025年5月6日)
Sou Hu Cai Jing· 2025-05-06 05:30
Core Viewpoint - The Chengdu steel market is experiencing a narrow fluctuation in prices, with cautious trading atmosphere and slight adjustments in the prices of mainstream products like rebar and wire rod [1] Price Dynamics - Rebar prices in Chengdu have slightly weakened, with mainstream steel mill quotes concentrated in the range of 4270-4300 CNY/ton, while high-line and盘螺 prices remain relatively stable due to demand support [4] - The average price of rebar (HRB400E 20mm) is reported at 4280 CNY/ton, down by 10 CNY/ton from the previous day, while wire rod (HPB300 8mm) remains unchanged at 4450 CNY/ton [1][4] Market Analysis - Demand-side resilience is insufficient, with limited new construction projects in real estate and end-user purchases primarily based on need [4] - Social inventory of steel in Chengdu is reported at 38.2 million tons, down 1.5% week-on-week but still up 12% year-on-year, indicating slower-than-expected inventory reduction [4] - Raw material costs are providing support, with iron ore futures prices rising by 0.6% today, while coke prices remain stable, keeping production costs high for steel mills [4] Expert Opinion - The current market is characterized by weak supply and demand, with expectations of continued short-term fluctuations in steel prices due to strong price support from steel mills [4] Procurement Reminder - Some traders are facing significant inventory pressure, creating room for negotiation in actual transactions. It is advised for downstream purchasers to closely monitor futures market dynamics and steel mill pricing policies [5]
五矿期货文字早评-20250506
Wu Kuang Qi Huo· 2025-05-06 02:10
文字早评 2025/05/06 星期二 宏观金融类 股指 前一交易日沪指-0.23%,创指+0.83%,科创 50+0.85%,北证 50+2.96%,上证 50-0.47%,沪深 300-0.12%, 中证 500+0.48%,中证 1000+0.79%,中证 2000+1.29%,万得微盘+1.41%。两市合计成交 11693 亿,较上 一日+1472 亿。 宏观消息面: 1、商务部:美方主动向中方传递信息希望谈起来,对此,中方正在评估。节日期间离岸人民币大涨。 2、据新华社,"五一"假期全国重点零售和餐饮企业销售额同比增长 6.3%。 3、美国 4 月非农就业人口增长 17.7 万人,大幅好于预期。 资金面:融资额-13.51 亿;隔夜 Shibor 利率+21.90bp 至 1.7600%,流动性较为宽松;3 年期企业债 AA- 级别利率-1.54bp 至 3.0966%,十年期国债利率+0.03bp 至 1.6279%,信用利差-1.57bp 至 147bp;美国 10 年期利率+8.00bp 至 4.33%,中美利差-7.97bp 至-270bp。 市盈率:沪深 300:12.21,中证 500: ...
盘面增仓测试成本支撑,节前锂价再创新低
Dong Zheng Qi Huo· 2025-05-05 11:44
Report Industry Investment Rating - The investment rating for the lithium carbonate industry is "Oscillating" [1] Core Viewpoints of the Report - Before the May Day holiday, lithium salt prices hit new lows. The core trading logic is to test the effectiveness of cost support from the resource end under the premise of weak demand. In the medium to long term, cost support may decline further due to companies' cost - reduction efforts, but short - term trading rhythms need attention. Salt plants' planned maintenance and production cuts, and the narrowing of the carbon - hydrogen price difference are factors to watch. It is not recommended to continue short - selling at the current point, and investors should wait patiently for opportunities to short on rebounds [2][3] Summary by Relevant Catalogs 1. Disk Position Increase Tests Cost Support, Lithium Prices Hit New Lows Before the Holiday - Before the holiday (April 28 - 30), lithium salt prices dropped. LC2505 and LC2507 contract closing prices decreased by 3.9% and 3.3% respectively. SMM battery - grade and industrial - grade lithium carbonate spot average prices dropped by 2.7%. The closing price of the Liyang Zhonglian Gold lithium carbonate near - month contract decreased by 2.7%. Weekly lithium hydroxide prices slightly declined, and the price premium of battery - grade lithium hydroxide over battery - grade lithium carbonate significantly narrowed [11] 2. Weekly Industry News Review - Premier African Minerals raised over £1.5 million to support the Zulu lithium - tantalum project. The funds will be used for the secondary flotation plant and creditor affairs [15] - Australia's IGO lowered its capital expenditure forecast for the Greenbushes lithium mine in Western Australia in the 2025 fiscal year, from the previous range of $850 - 950 million to about $780 million [15] - Sichuan Tianfu Lithium Industry Co., Ltd. was established with a registered capital of 500 million yuan [16] - Piedmont Lithium's production and sales in the first quarter of 2025 decreased compared to the previous quarter. The lithium spodumene concentrate production at its NAL project was 43,261 dry tons, a 15% decrease, and sales were about 27,000 dry tons, a 59% decrease [16] 3. Monitoring of Key High - Frequency Data in the Industry Chain 3.1 Resource End: Spot Quotes of Lithium Concentrate Continue to Decline - The spot average price of lithium concentrate decreased, with the lithium spodumene concentrate spot average price (6%, CIF China) dropping from $793/ton to $773/ton, a 2.5% decrease [12] 3.2 Lithium Salts: The Main Contract Approaches the 70,000 - yuan Mark Again - Battery - grade and industrial - grade lithium carbonate spot average prices decreased by 2.7%. The closing prices of the Guangzhou Futures Exchange lithium carbonate futures near - month and main contracts decreased by 3.9% and 3.3% respectively [12] 3.3 Downstream Intermediate Products: Quotes Decline - The spot average prices of downstream materials such as lithium iron phosphate and cobalt - acid lithium decreased to varying degrees [12] 3.4 Terminal: China's New Energy Vehicle Production and Sales Increased Significantly Year - on - Year in March - China's new energy vehicle production and sales in March showed high - year - on - year growth, and the penetration rate also increased [41]
多空交织 PVC底部震荡
Qi Huo Ri Bao· 2025-04-30 15:55
Core Viewpoint - The PVC market is experiencing significant challenges due to increased trade friction, weak demand, and a supply-demand imbalance, leading to price fluctuations and potential risks of further declines in the future [1][8]. Supply and Production - The spring maintenance has led to a noticeable increase in PVC maintenance, resulting in a significant drop in operating rates, which are now below 80%, with weekly production around 450,000 tons [4]. - The production pressure is temporarily alleviated due to ongoing maintenance plans, which are expected to keep operating rates at low levels [4]. Cost and Profitability - The PVC supply-demand imbalance is evident, with prices near a 10-year low, causing substantial profit compression for producers, leading to losses becoming the norm [5]. - The integrated chlor-alkali enterprises that produce PVC are facing losses, particularly in the external procurement of calcium carbide, which is around 600 yuan/ton [5]. - The profitability of PVC and caustic soda has recently turned negative, indicating that cost support may gradually become more apparent [5]. Demand Dynamics - Weak demand has become a norm for PVC, with 80% of its downstream demand linked to the real estate sector, which is currently in a weak cycle [6]. - Despite recent stimulus policies aimed at the real estate market, the impact on PVC demand remains limited, with new construction data still showing weakness [6]. Export Trends - In March, China exported 360,000 tons of PVC, a year-on-year increase of 11%, with cumulative exports from January to March reaching 970,000 tons, up 56% year-on-year [7]. - However, increasing trade friction and higher import/export tariffs are expected to complicate future PVC exports, potentially diminishing the positive impact of exports on domestic supply-demand balance [7].
日度策略参考-20250430
Guo Mao Qi Huo· 2025-04-30 07:43
Report Industry Investment Rating - Not mentioned in the report. Core Viewpoints - Most commodities are expected to be in a state of oscillation in the short term, with some showing potential for decline or upside. Amid uncertainties in tariffs and changing policies, investors are advised to be cautious and adjust their strategies according to market conditions [1]. Summary by Related Catalogs Macro Finance - For stock index futures, it's recommended to hold a light position and wait for a clear market direction. Due to high overseas uncertainties during the May Day holiday and low option volatility, consider a double - buy strategy for stock index options before the holiday [1]. - The bond futures are favored by asset shortage and weak economy, but the central bank's short - term interest rate risk warning restricts the upside [1]. - Gold is in short - term oscillation adjustment, but the long - term upward logic remains unchanged [1]. Non - Ferrous Metals - Copper has decent downstream demand, but there is a risk of price correction due to trade frictions [1]. - Aluminum prices oscillate due to uncertainties in global trade frictions [1]. - Alumina's supply - demand pattern has improved, with limited downside but lack of upward momentum [1]. - Zinc has support from low near - month inventory but faces fundamental suppression, presenting short - selling opportunities [1]. - Nickel prices oscillate after bottom - up repair. Pay attention to the cost support of electrowon nickel and beware of policy changes [1]. - Stainless steel futures oscillate in the short term. It's advisable to wait and see, and the industrial side should focus on policy changes and steel mill production schedules [1]. - Tin has a risk of supply premium disappearing as the复产 expectation in Low - Bang strengthens [1]. Industrial and Energy - Related Commodities - Industrial silicon is in a state of oversupply, with demand not improving and inventory pressure not relieved [1]. - Polysilicon's抢装潮 is ending, with demand expected to decline in the second half of the year. There is a need for a rebound after a large short - term decline [1]. - Carbonate lithium has a pattern of supply exceeding demand, with downstream maintaining just - in - time purchases [1]. - Steel products such as rebar and hot - rolled coil face downward pressure on opening prices due to trade disputes [1]. - Iron ore is under short - term pressure due to tariff policies and market sentiment [1]. - Manganese silicon and silicon iron oscillate, with cost and supply - demand factors at play [1]. - Glass and soda ash face supply - demand imbalances, with prices under pressure [1]. - Coke and coking coal are in a relatively oversupplied situation, and industrial customers can seize hedging opportunities [1]. Agricultural Products - Palm oil, soybean oil, and rapeseed oil are affected by weather and market sentiment, and it's recommended to wait and see before the holiday [1]. - Cotton prices may be affected by the trend of crude oil and the substitution effect between chemical fiber and cotton [1]. - Sugar prices are affected by overseas supply shortages and domestic high inventory [1]. - Corn may have a correction risk after the hype cools down, with a long - term bullish logic [1]. - Soybean meal is expected to oscillate weakly, and M09 is recommended to be bought at low prices [1]. Forestry and Livestock - Pulp is recommended to be short - sold or hedged due to weak cost support and entering the off - season [1]. - Logs have high inventory and no short - term positive factors, expected to oscillate at a low level [1]. - Pigs have a clear downward expectation in the futures market due to increased supply and lack of downstream highlights [1]. Energy and Chemicals - Crude oil, fuel oil, and asphalt are affected by factors such as tariffs, OPEC + policies, and cost - demand relationships [1]. - Rubber products such as natural rubber and BR rubber oscillate, with weak fundamentals [1]. - PTA is bearish due to device maintenance and weak market sentiment [1]. - Ethylene glycol, styrene, urea, methanol, PE, PP, PVC, and caustic soda all have their own supply - demand and market sentiment factors affecting their price trends [1]. Others - For the container shipping European line, the peak - season contracts can be lightly tested for long positions, and attention should be paid to the 6 - 8 reverse spread [1].
化工日报-20250429
Guo Tou Qi Huo· 2025-04-29 13:03
| 《八》国投期货 | | | | 化工日报 | | --- | --- | --- | --- | --- | | | | 操作评级 | | 2025年04月29日 | | 聚丙烯 | ななな | 塑料 | 女女女 | 庞春艳 首席分析师 | | 苯乙烯 | 女女女 | PX | 女女女 | F3011557 Z0011355 | | PTA | ななな | 乙二醇 | ☆☆☆ | | | 短纤 | ななな | 瓶片 | ☆☆☆ | 牛卉 高级分析师 | | 甲醇 | 女女女 | 尿素 | 女女女 | F3003295 Z0011425 | | PVC | ☆☆☆ | 烧碱 | ☆☆☆ | 周小燕 高级分析师 | | 玻璃 | 女女女 纯碱 | | ななな | F03089068 Z0016691 | | | | | | 王雪忆 分析师 | | | | | | F03125010 | | | | | | 010-58747784 gtaxinstitute@essence.com.cn | 【甲醇】 伊朗港口爆炸的市场情绪消化后,甲醇盘面回落。周期内进口到港偏低,且港口部分货源倒流向内地,沿海地 区去库幅度 ...
17000点处受阻 沪铅反弹能否继续?
Wen Hua Cai Jing· 2025-04-29 11:43
Group 1 - The recent decline in waste battery prices has led to a slight recovery in the profitability of recycled lead enterprises, although they still operate at a loss, with losses narrowing from approximately 700 yuan/ton to about 500 yuan/ton [3][4] - The decrease in social inventory of lead ingots is primarily due to weak downstream demand, with battery demand entering a low season and terminal distributors' battery inventories at seasonal highs [5][6] - The short-term outlook for lead prices remains under pressure due to weak demand, but medium-term expectations suggest limited downside potential, supported by the need for battery companies to replenish stocks [6] Group 2 - The recent drop in waste battery prices is attributed to increased selling pressure from recyclers ahead of the May Day holiday, despite prices remaining at 10,300 yuan/ton, leading to continued losses for recycled lead enterprises [4] - The decline in social inventory of lead ingots is mainly a result of reduced production from recycled lead companies, with expectations of a rebound in inventory post-holiday due to weak consumption [5][6] - The lead market is characterized by weak supply and demand dynamics, with expectations of price fluctuations within the range of 16,500 to 17,300 yuan for Shanghai lead and 1,920 to 2,050 USD for London lead [6]
中辉期货日刊-20250429
Zhong Hui Qi Huo· 2025-04-29 05:07
1. Report Industry Investment Ratings - Crude oil: Weak [1] - LPG: Sideways [1] - L: Bearish [1] - PP: Sideways [1] - PVC: Sideways [1] - PX: Bullish [1] - PTA/PR: Bullish [1] - Ethylene glycol: Bearish [1] - Glass: Sideways [1] - Soda ash: Sideways [1] - Methanol: Bearish [1] - Urea: Bearish [1] - Asphalt: Bearish [1] 2. Core Views of the Report - The trade policy uncertainty and OPEC+ production increase lead to a weak oil price, while the upcoming trade peak season strengthens the short - term downside support [2]. - LPG follows the oil price for consolidation, with short - term cost support but weak strength [7]. - For L, the high - operation of devices, abundant supply, and weakening demand result in a bearish outlook [10]. - PP shows a short - term support due to high parking ratio and weak supply - demand, but a bearish long - term outlook [13]. - PVC has a cost - supported low - level sideways movement, and short - term wait - and - see is recommended [16]. - PX has an improved April fundamental and is currently fluctuating with cost, showing a bullish sideways trend [18]. - PTA has reduced supply pressure, but the downstream polyester is expected to weaken, with a short - term bullish trend and opportunities to short at high levels [22]. - Ethylene glycol has a high arrival volume and expected weakening demand, with limited cost support and a bearish short - term adjustment [24]. - Glass has a stable low - level supply, seasonal demand improvement, but high inventory restricts the short - term rebound [27]. - Soda ash has a short - term warm sideways movement due to reduced supply, but a bearish mid - term outlook due to new capacity [1]. - Methanol has a large supply pressure, weakening demand, and weak cost support, with a bearish short - term outlook [29]. - Urea has a large supply pressure and weak demand, but fast - growing fertilizer exports, with a bearish outlook and opportunities to go long on pullbacks [33]. - Asphalt has a high crack spread and a bearish rebound, with a weak and sideways cost - end oil price [1]. 3. Summary by Related Catalogs 3.1 Crude Oil - **Market Performance**: Overnight international oil prices declined (WTI down 1.54%, Brent down 1.53%), while domestic SC rose 0.06% [2]. - **Supply**: As of April 25, the number of active US oil rigs increased by 2 to 483. Kazakhstan's March oil production decreased by about 3% to 62.7 barrels per day [2]. - **Demand**: In April, Russia's supply of ESPO blended oil to Indian ports increased to about 400,000 tons (about 100,000 barrels per day) [2]. - **Inventory**: As of April 18, US commercial crude oil inventory increased by 2 million barrels to 443.1 million barrels, and strategic crude oil reserve increased by 5 million barrels to 397.5 million barrels [2]. - **Strategy**: Long - term price range is $55 - 65, short - term is weak, and SC focuses on [480 - 500] [3]. 3.2 LPG - **Market Performance**: On April 28, the main PG contract closed at 4,395 yuan/ton, down 0.25% [5][6]. - **Supply**: As of April 25, the total LPG commodity volume was 515,500 tons, up 2,300 tons [7]. - **Demand**: As of April 25, the开工 rates of PDH, MTBE, and alkylation oil decreased by 3.09pct, 2.18pct, and 0.51pct respectively [7]. - **Inventory**: As of April 25, refinery inventory was 163,200 tons, down 1,000 tons, and port inventory was 2.8402 million tons, up 175,700 tons [7]. - **Strategy**: Long - term cost support is weak, follow the oil price for consolidation, and conduct PG05 - 06 positive spread operation and sell call options. PG focuses on [4350 - 4450] [7]. 3.3 L - **Market Performance**: L09 (main contract) closed at 7,164 yuan/ton, up 0.2% [9]. - **Supply**: New production capacity of 2.08 million tons has been put into operation this year, and the LLDPE, LDPE film, and HDPE film import windows are closed [10]. - **Demand**: The agricultural film season is ending, and demand is gradually weakening [10]. - **Inventory**: PE enterprise inventory increased by 5.9% to 530,000 tons [9]. - **Strategy**: Go short at high levels, and L focuses on [7080 - 7200] [10]. 3.4 PP - **Market Performance**: PP09 (main contract) closed at 7,112 yuan/ton, up 0.2% [12]. - **Supply**: Baofeng's 1 million tons/year PP device was successfully put into operation in the first quarter, and attention is paid to the commissioning progress of Zhongjing Petrochemical's 1.5 million tons/year PDH device [13]. - **Demand**: Product exports are under pressure due to tariff disturbances [13]. - **Inventory**: PP enterprise inventory decreased by 2.4% to 600,000 tons [12]. - **Strategy**: Short - term wait - and - see, mid - term short at high levels, and PP focuses on [7050 - 7150] [13]. 3.5 PVC - **Market Performance**: V09 (main contract) closed at 4,989 yuan/ton, up 0.6% [15]. - **Supply**: Xinpu Chemical's 500,000 - ton device was put into operation in January, and the capacity utilization rate is 79% [16]. - **Demand**: The decline in real - estate completion area narrows, and downstream开工率 decreases seasonally [16]. - **Inventory**: PVC仓单 decreased by 0.3% to 29,653 [15]. - **Strategy**: Short - term wait - and - see, go long on pullbacks, and V focuses on [4920 - 5060] [16]. 3.6 PX - **Market Performance**: On April 25, the spot price of PX in East China was 6,600 yuan/ton (flat), and the PX09 contract closed at 6,230 yuan/ton (+64) [17]. - **Supply**: Many domestic and overseas PX devices are under maintenance, with the weekly output of 647,000 tons, down 7,000 tons [18]. - **Demand**: PTA device maintenance is high, and the demand is expected to weaken [18]. - **Inventory**: In March, PX inventory was at a high level in the same period, and the number of warehouse receipts was 1,064, lower than the same period [18]. - **Strategy**: PX focuses on [6220 - 6320] [19]. 3.7 PTA - **Market Performance**: On April 25, the spot price of PTA in East China was 4,490 yuan/ton (+62), and the TA09 contract closed at 4,400 yuan/ton (+30) [20][21]. - **Supply**: Many PTA devices are under maintenance, with a weekly output of 1.393 million tons, up 55,000 tons [22]. - **Demand**: The downstream polyester is expected to weaken, and the terminal weaving inventory is high [22]. - **Inventory**: PTA social inventory decreased to 4.804 million tons in March, and the number of warehouse receipts decreased [22]. - **Strategy**: TA focuses on [4420 - 4520], and pay attention to shorting at high levels [22]. 3.8 Ethylene Glycol - **Market Performance**: On April 25, the spot price of ethylene glycol in East China was 4,184 yuan/ton (-32), and the EG09 contract closed at 4,160 yuan/ton (-19) [23]. - **Supply**: Many domestic and overseas devices are under maintenance, with a high expected arrival volume of 248,000 tons [24]. - **Demand**: The downstream polyester is expected to weaken, and the terminal weaving inventory is high [24]. - **Inventory**: Social inventory increased slightly, and port inventory decreased [24]. - **Strategy**: EG focuses on [4150 - 4220] [25]. 3.9 Glass - **Market Performance**: The spot market quotation is regionally differentiated, the futures is at a low - level sideways movement, the main contract basis narrows, and the number of warehouse receipts decreases [27]. - **Supply**: The glass supply remains stable at a low level, and the cold - repair plan of manufacturers slows down after the cost decreases [27]. - **Demand**: The demand shows a seasonal improvement but is lower than the same period, and the real - estate industry has not stabilized [27]. - **Inventory**: The total enterprise inventory increased by 395,000 heavy boxes to 65.473 million heavy boxes, up 0.61% [27]. - **Strategy**: FG focuses on [1100 - 1140] [27]. 3.10 Soda Ash - **Market Performance**: The spot market quotation is regionally differentiated, the futures is at a low - level sideways movement [1]. - **Supply**: There are many maintenance plans, and the supply is expected to decrease [1]. - **Demand**: No specific demand - related content mentioned in the provided documents. - **Inventory**: The alkali plant inventory decreases slightly [1]. - **Strategy**: No specific strategy content other than the price range in the provided documents. 3.11 Methanol - **Market Performance**: On April 25, the spot price of methanol in East China was 2,413 yuan/ton (+5), and the main 09 contract closed at 2,288 yuan/ton (-1) [29]. - **Supply**: Domestic and overseas methanol devices are under maintenance, but the supply pressure is still large, and the import is expected to increase in May [29]. - **Demand**: The demand of MTO devices is expected to weaken, and the traditional downstream demand is in the off - season [29]. - **Inventory**: The social inventory of methanol decreases slightly to 773,000 tons [29]. - **Strategy**: MA focuses on [2260 - 2310], and go short on rebounds [29][30]. 3.12 Urea - **Market Performance**: On April 25, the spot price of small - particle urea in Shandong was 1,830 yuan/ton (flat), and the main contract closed at 1,757 yuan/ton (-1) [32]. - **Supply**: The maintenance devices are gradually restarted, with a high daily output, and the supply pressure is large [33]. - **Demand**: It is the off - season for agricultural fertilization, and the industrial demand is weak, but fertilizer exports are growing fast [33]. - **Inventory**: The inventory accumulates, with the factory inventory at 1.065 million tons and the port inventory at 117,000 tons [33]. - **Strategy**: The price range of UR is [1760 - 1790], and pay attention to going long on pullbacks [33]. 3.13 Asphalt - **Market Performance**: No specific recent market performance content mentioned other than the price range in the provided documents. - **Supply**: No specific supply - related content mentioned in the provided documents. - **Demand**: No specific demand - related content mentioned in the provided documents. - **Inventory**: Both social and factory inventories are increasing [1]. - **Strategy**: The price range of BU is [3400 - 3500], and go short on rebounds [1].
工业硅:供需矛盾难解成本支撑减弱,硅价延续弱势
Hua Bao Qi Huo· 2025-04-29 02:35
Report Summary 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core Viewpoint The current supply - demand contradiction of industrial silicon is difficult to resolve. As the southwest production area is about to enter the flat and wet seasons in June, the cost support will weaken, and the silicon price will continue to be weak [1]. 3. Summary by Relevant Catalogs Market Conditions - On the previous day, the industrial silicon market price was weakly stable. The supply side remained stable for the time being, and some manufacturers intended to cut production. The price of East China oxygen - passing 553 silicon was 9,500 - 9,800 yuan/ton, and that of East China 421 silicon was 10,200 - 10,600 yuan/ton. The closing price of the main contract Si2506 of industrial silicon futures was 8,800, down 0.73%, with a reduction of 5,009 lots. The current position was 188,100 lots, and the trading volume was 7.78 billion yuan [1]. Supply Side - Some manufacturers intended to conduct maintenance, and the overall supply might decline. The industrial silicon operation in Gansu production area was relatively stable. The price of 97 silicon had fallen below 9,000 yuan/ton, and the operation rate was at a low level. The current quotation of medium - frequency furnace 3303 silicon was 10,100 - 10,200 yuan/ton, and some medium - frequency furnaces were waiting and watching, with difficult short - term improvement in operation [1]. Demand Side - The price of polysilicon declined. Under the retreat of demand, components started to compete at low prices for shipment, intensifying the negative feedback in the industrial chain. The price pressure in each link was gradually transmitted upwards. Under the pressure of lower - than - expected demand and high inventory, the silicon material production cut increased, and the quotation was also lowered. The current quotation of re - feeding material was 36 - 38 yuan/kg, that of dense material was 34 - 37 yuan/kg, that of cauliflower material was 31 - 33 yuan/kg, and that of N - type material was 39 - 41 yuan/kg. The price of organic silicon DMC showed a fluctuating trend, with the market's mainstream opening price referring to 11,300 - 13,000 yuan/ton (net water delivered). Near the holiday, the rigid demand procurement of downstream enterprises was gradually released, the market inquiry activity increased, and the spot transaction showed a warming trend compared with the previous period. However, industry players were not very optimistic about the future market, and it was expected that the organic silicon market would remain weakly stable in the short term. The price of aluminum alloy ingots was weak. The spot market still showed a situation of weak supply and demand, the downstream demand was difficult to improve, both buyers and sellers were mainly waiting and watching cautiously, and the trading volume was low [1]. Inventory - On April 28, the warehouse receipt inventory of industrial silicon was 69,417 lots, with a single - day decrease of 85 lots. The warehouse receipt inventory was still at a high level [1].
PTA、MEG早报-20250428
Da Yue Qi Huo· 2025-04-28 02:42
交易咨询业务资格:证监许可【2012】1091号 PTA&MEG早报-2025年4月28日 大越期货投资咨询部 金泽彬 投资咨询资格证号:Z0015557 联系方式:0575-85226759 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。 CONTENTS 目 录 1 前日回顾 2 每日提示 3 4 今日关注 基本面数据 5 PTA 每日观点 PTA: 1、基本面:周五,市场交易重心转移至5月,贸易商商谈为主。个别主流供应商有出货。4月底少量在05+15~20有成交,个别 略高在05+30。5月上主流在09+40附近成交,个别略低在09+20~30成交,略高在09+45成交,5月底在09+45有成交。5月中下个 别主流供应商在09+35~50有成交。今日主流现货基差在05+19。中性 5、主力持仓:净空 空减 偏空 6、预期:PTA自身装置检修兑现下延续去库,但下游终端需求仍受美国关税影响,且随着仓单流出PTA现货市场流通性尚可, 短期内PTA现货基差上行受阻,价格则跟随 ...