期货热点追踪 5-6月铁水产量下行空间有限，叠加市场乐观情绪仍在，机构预计铁矿石年均价格为…… 相关链接 ...

国新国证期货早报 2025 年 5 月 16 日 星期五 品种观点： 【股指期货】 周四（5 月 15 日）A 股三大指数集体回调，截止收盘，沪指跌 0.68%，收报 3380.82 点；深 证成指跌 1.62%，收报 10186.45 点；创业板指跌 1.91%，收报 2043.25 点。沪深两市成交额 11524 亿，较昨日缩 量 1643 亿。 沪深 300 指数 5 月 15 日回调整理，收盘 3907.20，环比下跌 36.01。 【焦炭 焦煤】5 月 15 日焦炭加权指数窄幅整理，收盘价 1473.2 元，环比上涨 5.8。 5 月 15 日，焦煤加权指数窄幅震荡，收盘价 883.5 元，环比上涨 3.1。 客服产品系列•日评 影响焦炭期货、焦煤期货价格的有关信息： 焦炭：钢厂提出节后焦炭首轮降价。国家相关部委正在积极部署和推进全国粗钢产量调控工作，工业和信息 化部正在加紧修订《钢铁行业产能置换实施办法》，目前已形成初稿。基本面，短期供应弹性好于焦煤，铁水产 量上升空间有限。利润方面，本期全国 30 家独立焦化厂平均吨焦盈利 1 元/吨，钢厂提出节后焦炭首轮降价。 焦煤：蒙 5#原煤报 820，价 ...

煤炭行业：动力煤价下跌，三大港 口库存增幅明显 2025 年 5 月 15 日 看好/维持 煤炭 行业报告 动力煤价下跌。截至 5 月 9 日，国内秦皇岛动力煤山西优混 5500 平仓价格 635 元/吨，环比上月跌 4.80%；澳大利亚纽卡斯尔港 NEWC 动力煤离岸价格 94 美元/吨，环比上月下跌 3.00 美元/吨，跌幅为 3.09%；南非理查德 RB 动力煤 离岸价格 88.00 美元/吨，环比上月下跌 1.00 美元/吨，跌幅为 1.12%；欧洲 三港 DES ARA 动力煤离岸价格 94.00 美元/吨，环比上月下跌 10.00 美元/吨， 跌幅为 9.62%。 陕晋蒙三省国有重点煤矿煤炭月度产量环比均上涨；煤及褐煤月度进口量月环 比下降。3 月，国有重点煤矿煤炭月度产量：陕西产 2263.50 万吨，环比上月 上涨 206.50 万吨，涨幅为 10.04%；内蒙古产 1994.80 万吨，环比上月涨 106.10 万吨，涨幅为 5.62%；山西产 4757.60 万吨，环比上月涨 4.76%。4 月，煤及 褐煤月度进口量达到 3782.53 万吨，环比上月降 90.47 万吨，降幅为 2.34 ...

Group 1 - The booking volume for container transport from China to the US surged nearly 300% after the mutual tariff reductions between the US and China, with an average of 21,530 standard containers booked in the week ending May 14, up from 5,709 containers in the week ending May 5 [1] - Rebar production in China increased to 2.2653 million tons, a rise of 30,000 tons or 1.34% from the previous week, while apparent demand rose by 460,000 tons or 21.69% to 2.6029 million tons [1] - Brazil's Mato Grosso state achieved a record soybean yield of 66.3 bags per hectare for the 2024/2025 season, exceeding recent averages by 14 bags [1] Group 2 - The expected biodiesel blending obligation in the US is projected to be between 4.6 to 4.8 billion gallons, significantly lower than the previous estimate of 5.5 to 5.75 billion gallons [2] - Brazil's soybean exports are forecasted to reach 3.9898 million tons for the week of May 11 to May 17, up from 3.1062 million tons the previous week [2] - Approximately 17% of US soybean planting areas are affected by drought, an increase from 15% the previous week, while 22% of corn planting areas are affected, up from 20% [2] Group 3 - The float glass industry in China is experiencing a supply contraction, with an average operating rate of 75%, down 0.24% week-on-week, and production falling to 1.0917 million tons, the lowest in two and a half months [3] - The total production capacity for metallurgical-grade alumina in China is 10.9222 million tons per year, with an operating capacity of 8.412 million tons per year, and the weekly operating rate decreased by 2.66 percentage points to 77.02% [3]

智通财经5月16日电，麦格理预计OPEC+在7月将继续提高石油产量，日增产幅度最高或达40万桶。 ...

Global Gold Demand and Production - In 2024, global gold demand reached a record high of 4,974 tons, while gold mine production was 3,661 tons, showing no significant year-on-year growth due to rising costs in labor and energy [1] China's Gold Production - China maintained its position as the world's largest gold producer for 18 consecutive years, with a production of 377.242 tons in 2024, reflecting a year-on-year increase of 0.56% [3] - Zijin Mining, China's largest gold mining company, produced 72.94 tons of gold in 2024, a 7.7% increase, with 65.5% of its production coming from overseas mines [3] - Shandong Gold's gold production increased by 10.51% to 46.17 tons, with domestic mines contributing 38.32 tons, making it the highest gold producer among listed companies in China [3] Major Global Gold Mines - The top three gold mines in 2024 were Nevada Gold Mines in the USA (2,698,701 ounces), Muruntau in Uzbekistan (2,676,656 ounces), and Grasberg in Indonesia (1,861,000 ounces) [4][10] - Nevada Gold Mines, a joint venture between Barrick Gold and Newmont, produced 83.94 tons of gold in 2024 [9] - Muruntau, the world's largest open-pit gold mine, has proven reserves exceeding 4,500 tons and produced approximately 83.25 tons in 2024 [7][9] Emerging Gold Mining Projects in China - The Xiling Gold Mine in Shandong is the largest single gold deposit discovered in China, with gold reserves of 592 tons [4] - The San Shan Dao North Sea Gold Mine, China's first offshore gold discovery, has proven gold resources exceeding 500 tons and is expected to start production in mid-2025, targeting an annual output of over 15 tons [5]

4月全国工业饲料产量同比、环比双增长 智通财经5月15日电，根据中国农业农村部畜牧兽医局和中国饲料工业协会今日发布的全国4月饲料生产 形势，2025年4月，全国工业饲料产量2753万吨，环比增长4.2%，同比增长9.0%。其中，配合饲料、浓 缩饲料、添加剂预混合饲料同比分别增长9.1%、6.5%、9.7%。饲料产品出厂价格同比明显下降，配合 饲料、浓缩饲料出厂价格环比小幅增长，添加剂预混合饲料出厂价格环比以降为主。（智通财经记者 刘建） ...

焦煤焦炭产业日报 2025/5/15 | 项目类别 | 数据指标 | 最新 | 环比 | 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | --- | | | JM主力合约收盘价（日，元/吨） | 883.00 | -11.50↓ | J主力合约收盘价（日，元/吨） | 1472.00 | -10.00↓ | | 期货市场 | JM期货合约持仓量（日，手） | 464062.00 | +8827.00↑ | J期货合约持仓量（日，手） | 51651.00 | -756.00↓ | | | 焦煤前20名合约净持仓（日，手） | -58511.00 | -6278.00↓ | 焦炭前20名合约净持仓（日，手） | -117.00 | +44.00↑ | | | JM1-9月合约价差（日，元/吨） | 16.00 | -0.50↓ | J1-9月合约价差（日，元/吨） | 26.50 | +0.50↑ | | | 焦煤仓单（日，张） | 3700.00 | +100.00↑ | 焦炭仓单（日，张） | 1630.00 | -110.00↓ | | | 干 ...

Core Insights - In March 2025, the primary form plastic production in Jiangsu Province reached 1.129 million tons, representing a year-on-year growth of 21.4% and an increase of 28.0 percentage points compared to the same month last year [1] - For the first quarter of 2025 (January to March), the total primary form plastic production was 3.086 million tons, with a year-on-year growth of 16.7%, which is 21.3 percentage points higher than the same period last year [1] Monthly Production Analysis - The primary form plastic production in March 2025 was 1.129 million tons, accounting for 9.2% of the national production of 12.259 million tons for the same period [1] - The growth rate of 21.4% in March 2025 was 28.0 percentage points higher than the previous year's growth rate [1] Quarterly Production Analysis - From January to March 2025, the primary form plastic production totaled 3.086 million tons, which is 9.0% of the national production of 34.410 million tons during the same period [1] - The growth rate of 16.7% for the first quarter of 2025 was 21.3 percentage points higher than the growth rate for the same period last year [1]

Group 1 - The global trade conflict easing has led to a rebound in oil prices, but subsequent price movements will be primarily influenced by geopolitical situations and OPEC+ production levels [1][4] - As of May 15, international oil prices experienced a significant drop, with WTI crude oil futures at $61.72 per barrel, down over 2.2%, and Brent crude oil futures at $64.66 per barrel, down 2.15% [1] - Positive signals from US-Iran nuclear negotiations have emerged, with Iran's willingness to sign a nuclear agreement under certain conditions, which may lead to the lifting of economic sanctions [1] Group 2 - OPEC+ has officially started its long-awaited production increase process, with an agreement to raise output by 41.1 thousand barrels per day from May to June, despite a lower-than-expected increase in April [2] - OPEC has maintained its oil demand growth forecast for the next two years, projecting a global oil demand increase of 1.3 million barrels per day in 2025 and 1.28 million barrels per day in 2026, while also revising down its global economic growth forecast for 2025 to 2.9% [2] - The international oil market's trading logic is shifting, with factors such as reduced US tariff pressures and ongoing sanctions against oil-producing countries contributing to price dynamics, while OPEC+ production increases and potential easing of US-Iran tensions present downside risks [4]