6月份以来，国际白银价格走势强劲，推动国内沪银期价持续攀升。沪银期货主力7月合约已创出历史新高，月内大涨近300元/千克。数据显示，沪银总沉淀 资金已逼近390亿元，较月初增长约60亿元，成为商品期货资金量排名第三的品种。 来源：金融界 资金沉淀规模持续扩大 文华财经最新数据显示，目前沪银总沉淀资金已逼近390亿元，较月初的330亿元增长约60亿元。这一资金规模仅次于沪金的930亿元、沪铜的403亿元，位居 商品期货第三位。作为黄金的补充避险资产，白银同样受到资金的持续青睐。 今年以来沪银总沉淀资金呈现稳中有增状态，年初总沉淀资金量仅为180亿元，一季度末涨至270亿元。目前距离400亿元大关仅一步之遥，显示出市场对白 银期货的关注度不断提升。与纯粹的货币属性黄金不同，白银具有双重属性，既是金融资产，也是工业原料。作为工业原料，白银在清洁能源技术中扮演关 键角色，特别是太阳能电池板制造的核心材料，需求持续增长。 白银的工业属性为其价格上涨提供了坚实的基本面支撑。近期美国公布的多项宏观数据表现不佳，市场对美联储降息预期迅速发酵，对白银和铂金等工业属 性更强的贵金属产生了利好驱动。全球最大白银ETF持仓较上日增加 ...

Industry Overview - The Chinese gold jewelry market is projected to reach a scale of 568.8 billion yuan in 2024, with a year-on-year growth of 9.8%. By 2029, it is expected to grow to 818.5 billion yuan, with a compound annual growth rate (CAGR) of 7.6% from 2024 to 2029 [1] - Franchise stores dominate the market, accounting for 72.3% of the market share in 2024, with revenues expected to grow from 411.5 billion yuan to 588.5 billion yuan by 2029 [1] - Offline self-operated stores, e-commerce, and other channels (including banks and exhibitions) generated revenues of 104 billion yuan, 42.2 billion yuan, and 11.1 billion yuan respectively in 2024, with projections for growth to 150.6 billion yuan, 67 billion yuan, and 12.4 billion yuan by 2029 [1] Company Performance - Zhou Dafu, the leading brand, has 6,211 stores and has established itself as a major player in the gold jewelry market since its founding in the late 1920s [12] - Lao Feng Xiang, a historic brand founded in 1848, reported revenues of 56.793 billion yuan in the previous year, with a year-on-year decline of 20.5% [10] - China Gold Group, ranked fourth, achieved revenues of 60.464 billion yuan in 2024, with a year-on-year growth of 7.27%, while net profit decreased by 15.93% [5] - Zhou Da Sheng, ranked third, has 5,008 stores and has launched new products inspired by national treasures and international art collaborations [7] - Zhou Liu Fu, ranked fifth, has 4,106 stores and reported revenues of 5.718 billion yuan, with a year-on-year growth of 11.02% [3] Market Challenges - The gold jewelry consumption in China decreased by 24.69% to 532.0 tons in the previous year due to rising gold prices, which have reached historical highs [15] - The ongoing increase in gold prices is expected to continue affecting consumer sentiment and purchasing behavior in 2025 [15]

据 Digitimes报道， 最近 DDR4内存价格出现 急 速飙升。仅在 5月 下半月， DDR4 现货市场价格就飙升 了约 50% 。据称有几个因素在起作用，给 DDR4 价格带来了通胀压力。 DDR4 价格突然上涨的背后原因是什么？ 转自： EETOP 加入"中国IC独角兽联盟"，请点击进入 从上方的表格中可以看到，近几周影响 DDR4 现货市场的价格走势相当极端。 Digitimes 还表示，与 5 月 初协商的价格相比，制造商为 8GB 和 16GB 芯片支付的合约价格也大幅上涨了 22% - 25% 。预计在 第三季度，DDR4 价格将继续上涨，预计涨幅在 10% 到 20% 之间。 该消息来源没有详细说明美中紧张关系为何导致近期 DDR4 内存价格飙升。不过，我们在 5月 底报道 过，由于美国关税政策，企业大量囤积 DDR4，导致价格大幅上涨。此外，我们注意到，长鑫存储效仿 韩国转向 DDR4 以外产品的举措，对于中国日益自给自足的半导体行业跟上科技趋势而言，被认为是 必要的。 一些工业和嵌入式平台仍需要 DDR4 尽管现货 /合约价格上涨使 DDR4 和 DDR5 的价格差距缩小（至 7% 以 ...

Core Viewpoint - Bitcoin has reached a price of $105,000, experiencing an intraday increase of nearly 1% [1] Group 1 - The current price of Bitcoin is $105,000 [1] - The cryptocurrency has seen a daily increase of approximately 1% [1]

布伦特原油日内涨幅达1%，报66.07美元/桶；WTI原油日内涨幅达1%，报64.03美元/桶。 ...

豆粕期货增仓强势突破3000关口，中美贸易改善是关键？背后还有多少上涨空间？ 相关链接 期货热点追踪 ...

"已经找到新的出口渠道"、"对中国(出口)已经有点怕了"，对于中国将恢复日本水产品的进口，日本的 水产业界给予积极评价，但扇贝产地的渔民反应冷淡。在中国停止进口期间，日本扇贝扩大了全球销 路，批发价也已涨至两倍…… 2023年，日本扇贝的出口额中，曾有5成来自中国大陆，但突然断了销路，贝类堆积，产地陷入困境。 之后，为了帮助产地，日本国内支援性消费的圈子逐渐扩大。 日本渔业相关人士也在日本政府的支援下，开拓中国以外的销路和加工地。在日本国内外新需求的支撑 下，供需关系趋紧，东京丰洲市场（东京都江东区）的冷冻贝柱5月下旬的批发价达到每公斤5500日元 （约合人民币276.5元），是中国刚刚开始停止进口时的2.2倍，刷新了历史最高价。丰洲的批发公司表 示，今年贝类的生长情况不佳，面向日本餐桌的供应也"因缺货而发愁"。 日本北海学园大学的濱田武士教授认为，能够恢复对中国出口本身是个好消息，但"（中国）停止进口 期间（日本）水产品市场的结构发生了巨大改变。即使贸易恢复，原有的交易渠道并不会马上得以建 立"。 中国已决定放宽对日本水产品的进口限制。日本的水产业界对此给予积极评价，但日本渔民的反应则较 为冷淡。日本水产品 ...

Group 1 - The rare metals ETF has shown significant liquidity with an intraday turnover of 1.26% and a transaction volume of 11.3755 million yuan, leading in average daily trading volume over the past year at 35.5328 million yuan [3] - The rare metals ETF has experienced a notable scale increase of 36.6231 million yuan over the past week, ranking first among comparable funds, with a share growth of 12.6 million units [3] - The index tracked by the fund, the CSI Rare Metals Theme Index, is currently at a historical low valuation with a price-to-book ratio (PB) of 2.16, which is lower than 87.41% of the time over the past five years, indicating strong valuation attractiveness [3] Group 2 - Following China's implementation of export controls on medium and heavy rare earths, overseas prices have surged, leading to a widening price gap between domestic and international markets [3] - Domestic rare earth prices are believed to be at the bottom of a major cycle, with expectations for a continuous upward shift in price levels due to the current destocking phase and overseas demand for replenishment [3] - The top ten weighted stocks in the CSI Rare Metals Theme Index account for 54.9% of the index, including companies like Salt Lake Co., Northern Rare Earth, and Ganfeng Lithium [4]

Market Overview - Recent market trends indicate a pullback in the new consumption sector, creating opportunities in other sectors, particularly in cyclical stocks [1] - The non-ferrous metals sector has shown significant gains, with precious metals, zinc, and lead experiencing notable increases [1] - Silver futures prices have strengthened as investor demand for precious metals has expanded from gold to silver, leading to strong performances from silver-related stocks [1] Chemical Sector Performance - The chemical sector has been active, with notable gains in glyphosate, fluorochemicals, and epoxy propylene, among others [1] - Key stocks such as Sanmei Co. and Juhua Co. reached historical highs during trading [2][1] Refrigerant Price Trends - The price of third-generation refrigerants has been on the rise, with the average domestic price of R32 refrigerant reaching 51,000 yuan per ton, marking a 19% increase this year and a 42% year-on-year growth [4] - Analysts attribute the price increase to seasonal demand driven by high summer temperatures and supply constraints due to quota policies [5] Solid-State Battery Sector - The solid-state battery sector has seen a surge, with companies like Haitian Pharmaceutical, Xiamen Tungsten, and Keheng Co. experiencing significant stock price increases [6] - Recent developments in the solid-state battery industry include advancements in high-nickel precursors and lithium-rich manganese-based precursors by companies like Longpan Technology [7] - The introduction of the "full solid-state battery" definition by the China Automotive Engineering Society marks a critical turning point for the solid-state battery industry, potentially reshaping the competitive landscape [8]

至关重要的货币政策不受外部因素的干扰。 美国经济仍然具有韧性，但也看到一些紧张性刺激。 美国费城联储主席哈克（2026年FOMC票委）：美联储可能会面临价格上涨和失业率上升，但不确定一 定会发生这样的情况。 ...