Group 1: Report Overview - Report period: July 28 - August 1, 2025 [1] - Reported futures varieties: Rebar and iron ore [2] Group 2: Rebar Futures Mid - term Market Analysis - Mid - term trend: The main contract of rebar futures has entered the fifth week of the red energy ladder area. [7] - Trend judgment logic: Weekly output is 2.11 million tons, apparent consumption is 2.16 million tons, major steel mills' inventory is 1.65 million tons, and social inventory is 5.7 million tons. The daily - level price is in an upward channel. [7] - Mid - term strategy: Steel spot enterprises can consider a 30% long - hedging plan. [7] Variety Trading Strategy - Last week's strategy review: The main contract of rebar futures was in the fourth week of the red energy ladder area. [10] - This week's strategy: The main contract of rebar futures is in the fifth week of the red energy ladder area. [11] - Spot enterprise hedging advice: Steel spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [12] Group 3: Iron Ore Futures Mid - term Market Analysis - Mid - term trend: The main contract of iron ore futures has entered the fourth week of the mid - term red energy stage area. [32] - Trend judgment logic: Global shipping volume last week was 31.09 million tons, arrivals at 45 major Chinese ports were 23.71 million tons, steel enterprises' inventory was 88.85 million tons, and domestic major ports' inventory was 137.9 million tons. [32] - Mid - term strategy: Spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [32] Variety Trading Strategy - Last week's strategy review: The main contract of iron ore futures entered the third week of the mid - term red energy stage area. [35] - This week's strategy: Spot enterprises can consider implementing a 30% long - hedging strategy step - by - step. [35] Group 4: Data Source - The data in this report is from Wind, Mysteel, and the trading consulting department of Great Wall Futures. [51]

2025 年 07 月 28 日 | | | 昨日 | 前日 | 变化 | | 昨日 | 前日 | 变化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 短纤2508 | 6512 | 6422 | 90 | PF08-09 | -8 | -10 | 2 | | PF | 短纤2509 | 6520 | 6432 | 88 | PF09-10 | -50 | -106 | 56 | | | 短纤2510 | 6570 | ୧୧38 | 32 | PF基差 | 80 | 1 ୧୫ | -88 | | | 短纤持仓量 | 271130 | 268777 | 2353 | 短纤华东现货价格 | 6. 600 | 6. 600 | 0 | | | 短纤成交量 | 232464 | 333167 | -100703 | 短纤产销率 | 71% | ୧୨% | 2% | | | | 昨日 | 前日 | 变化 | | 昨日 | 前日 | 变化 | | | 瓶片2508 | ୧୦3୧ | 6018 | 18 | PR08-09 | -6 | 32 | ...

7月28日消息，红枣期货主力合约日内涨幅扩大至6%。 ...

红枣期货主力合约日内涨幅扩大至4%。 ...

Group 1 - The article promotes a membership program that offers various benefits, including access to upgraded reports and exclusive content [4][5][6] - Members can enjoy weekly updates on major asset classes, including futures and commodities, along with specialized research frameworks [6] - The program includes personalized services such as one-on-one coaching, trading management guidance, and a structured trading training camp [8] Group 2 - The membership fee is set at 599 per year, providing access to a range of resources and tools for investment management [6] - Members will receive exclusive invitations to live sessions with industry experts and access to a dedicated online community for discussions [6][8] - The program aims to enhance trading skills through practical exercises and systematic trading frameworks [8]

Core Viewpoint - The recent surge in lithium carbonate prices is primarily driven by policy changes and stricter local government management, with prices reaching 80,500 yuan/ton, a 37.84% increase from the low of 58,400 yuan/ton on June 23 [1][3]. Price Movement - Lithium carbonate futures hit the daily limit up on July 24 and 25, with a closing price of 80,500 yuan/ton on the latter date. The trading volume was significant, with 132 billion yuan on July 24 and 95.6 billion yuan on July 25 [3]. - The average price for battery-grade lithium carbonate increased by 100 yuan/ton to 70,550 yuan/ton, while industrial-grade lithium carbonate also rose by 100 yuan/ton to 68,900 yuan/ton [3]. Market Dynamics - Traders are currently experiencing higher profit margins, with earnings of 1,000 yuan per ton compared to previous margins of 200 yuan [2]. - The market sentiment is optimistic, with traders expressing a bullish outlook on lithium carbonate prices [2]. Supply and Demand Factors - The lithium carbonate production is expected to increase by 3.9% month-on-month to 81,200 tons in July, while imports decreased by 16.3% month-on-month [7]. - Low inventory levels among downstream manufacturers are contributing to the upward pressure on prices, as many are only holding two weeks' worth of supply [7]. Capacity and Regulatory Environment - The operating rate in the lithium industry is around 60%, up from a low of 50% during poor market conditions [4]. - Local governments are taking actions to reduce production capacity, which is expected to positively impact prices. For instance, certain companies have been ordered to halt illegal mining activities [5][6]. Future Outlook - If lithium carbonate prices reach 100,000 yuan/ton, it is anticipated that all segments of the industry will see improved profitability [1][8]. - The long-term cost support and short-term improvements in market fundamentals suggest that lithium prices may recover from their recent lows [7].

涨跌都能赚 盈利就能离场！点击开通期货"T+0、双向交易"特权！>>> 大商所焦炭主力合约跌超7%，现报1625.5元/吨。 ...

Group 1 - The main contract for alumina on the Shanghai Futures Exchange has dropped over 5%, currently priced at 3277 yuan per ton [1]

制作日期：2025年7月25日 【策略分析】 【冠通研究】 沥青：高开震荡 区间操作 基差方面： 山东地区主流市场价上涨至3850元/吨，沥青09合约基差下跌至235元/吨，处于偏高水平。 供应端，本周沥青开工率环比回落4.0个百分点至28.8%，较去年同期高了4.0个百分点，沥青开 工率转而回落，处于近年同期偏低水平。据隆众资讯数据，7月份国内沥青预计排产254.2万吨，环 比增加14.4万吨，增幅为6.0%，同比增加48.5万吨，增幅为23.6%。本周，沥青下游各行业开工率多 数上涨，其中道路沥青开工环比上涨2个百分点至27.0%，只是仍处于近年同期偏低水平，受到资金 和降雨高温制约。本周，华北地区集中交付前期合同，出货量增加较多，全国出货量环比增加8.03% 至26.9万吨，处于中性偏低水平。沥青炼厂库存存货比本周环比转而回落，仍处于近年来同期的最 低位。美国允许雪佛龙恢复在委内瑞拉开采石油，或将增加沥青原料供给。全球贸易战的恐慌情绪 缓解，只是全球贸易战阴云仍未完全散去，近期原油价格震荡，工信部提到新一轮十大重点行业 （包括石化、建材等）稳增长工作方案近期将陆续发布，摸底石化、化工老装置清单，淘汰20 ...

Group 1 - The article promotes a membership program that offers various benefits, including access to upgraded reports, market analysis, and exclusive online discussions [4][5][6]. - Members can enjoy weekly updates on major asset classes, including futures and commodities, along with specialized training programs and personalized coaching [6][8]. - The membership fee is set at 599 per year, providing access to a range of resources and tools for investment management [6][7]. Group 2 - The program includes a one-on-one coaching service aimed at developing trading strategies and providing guidance on trading management [8]. - A futures trading training camp is offered, which lasts about one week and focuses on building a systematic trading framework through practical exercises and reviews [8]. - The initiative also features a trader incubation plan that combines trading models, market discussions, and regular reviews to foster self-managed trading teams [8].