Core Viewpoint - The chemical futures market in China experienced mixed movements on June 12, with notable declines in plywood futures and increases in synthetic rubber and paraxylene prices [1] Group 1: Price Movements - Plywood futures fell by 3.53% to 158.40 CNY/ton [1] - Synthetic rubber futures rose by 1.21% to 11,295 CNY/ton [1] - Paraxylene futures increased by 0.77% to 6,556 CNY/ton [1] - Pulp futures decreased by 1.64% to 5,276 CNY/ton [1] Group 2: Futures Price Data - The opening and closing prices for various contracts on June 12 were reported, with synthetic rubber opening at 11,260 CNY and closing at 11,295 CNY [2] - Other notable contracts included PTA at 4,654 CNY, short fiber at 6,442 CNY, and PVC at 4,833 CNY [2] Group 3: Warehouse Data - As of June 11, rubber warehouse receipts showed an increase of 120 to 193,340 [3] - The warehouse receipts for 20 rubber increased by 4,234 to 34,372 [3] - Pulp warehouse receipts rose by 4,790 to 239,208 [3] Group 4: Basis Data - Several commodities, including pulp, butadiene rubber, PTA, glass, methanol, and urea, exhibited a phenomenon of "backwardation," where spot prices exceeded futures prices [4] - The basis for pulp was reported at 950 CNY, indicating a significant premium over the futures price [5]

Group 1 - The chemical futures market in China showed mixed performance on June 11, with the main raw wood futures declining over 1% [1] - The main raw wood futures fell by 1.29%, settling at 767.00 CNY per cubic meter, while rubber futures increased by 0.62% to 13860.00 CNY per ton [1] - Other notable increases included styrene rising by 0.64% to 7369.00 CNY per ton and plastic increasing by 0.20% to 7113.00 CNY per ton [1] Group 2 - The opening and closing prices for various chemical futures on June 11 were reported, with rubber opening at 13845.00 CNY and closing at 13805.00 CNY [2] - The price movements for other contracts included PTA at 4616.00 CNY, short fiber at 6364.00 CNY, and PVC at 4795.00 CNY [2] - A phenomenon of "backwardation" was observed in several contracts, where spot prices exceeded futures prices for products like pulp, butadiene rubber, and PTA [2] Group 3 - The spot price for natural rubber was reported at 13670.8 CNY, while the futures price was 13775 CNY, resulting in a basis of -104 CNY [3] - Pulp had a spot price of 6216.67 CNY, with a futures price of 5280 CNY, leading to a positive basis of 936 CNY [3] - Other products such as methanol and urea also showed positive basis values, indicating favorable market conditions for these commodities [3][4]

Core Insights - The domestic oilseed market experienced mixed performance on June 11, with palm oil futures declining over 2% [1] - Palm oil futures fell by 2.11%, settling at 7988.00 CNY/ton, while canola meal and soybean meal futures saw slight increases of 0.80% and 0.76%, respectively [1] Price Movements - The opening and closing prices for various oilseed futures on June 11 are as follows: - Soybean oil: Opened at 7746.00 CNY, closed at 7766.00 CNY - Palm oil: Opened at 8092.00 CNY, closed at 8160.00 CNY - Canola oil: Opened at 9180.00 CNY, closed at 9186.00 CNY - Soybean meal: Opened and closed at 3031.00 CNY - Canola meal: Opened at 2625.00 CNY, closed at 2616.00 CNY - Peanut: Opened at 8296.00 CNY, closed at 8314.00 CNY [2] Basis and Spot Prices - As of June 10, the basis data indicates that canola oil, palm oil, soybean one, and soybean oil contracts are experiencing a "backwardation" phenomenon, where spot prices exceed futures prices [2] - The following basis and spot prices were reported: - Canola oil: Spot price 9345 CNY, futures price 9186 CNY, basis 159 CNY, basis rate 1.70% - Palm oil: Spot price 8630 CNY, futures price 8160 CNY, basis 470 CNY, basis rate 5.45% - Soybean oil: Spot price 8024 CNY, futures price 7766 CNY, basis 258 CNY, basis rate 3.22% [3]

Group 1 - The black metal sector in the domestic futures market experienced a collective rise on June 11, with silicon iron and iron ore increasing by over 1% [1] - As of the latest data, the main contracts showed the following price changes: silicon iron up 1.51% to 5244.00 CNY/ton, iron ore up 1.07% to 707.50 CNY/ton, hot rolled coil up 0.81% to 3109.00 CNY/ton, and rebar up 0.79% to 3319.00 CNY/ton [1][2] Group 2 - The futures prices for various black metal contracts on June 11 were as follows: rebar at 2974.00 CNY, iron ore at 700.00 CNY, stainless steel at 12455.00 CNY, hot rolled coil at 3090.00 CNY, wire rod at 3309.00 CNY, silicon iron at 5180.00 CNY, and manganese silicon at 5550.00 CNY [2] - A phenomenon of "backwardation" was observed in rebar, hot rolled coil, and stainless steel contracts, where the spot prices exceeded the futures prices [2] Group 3 - The basis data as of June 10 indicated the following: rebar had a spot price of 3090.22 CNY with a basis of 119 CNY, wire rod at 3267.5 CNY with a basis of -25 CNY, hot rolled coil at 3173.33 CNY with a basis of 89 CNY, stainless steel at 13100 CNY with a basis of 560 CNY, silicon iron at 5088.57 CNY with a basis of -77 CNY, and manganese silicon at 5536 CNY with a basis of -18 CNY [3]

Group 1 - The domestic non-ferrous metal futures market showed mixed performance on June 10, with lead and industrial silicon prices rising, while zinc prices fell by 1.22% to 21,855.00 CNY/ton [1] - The main contracts for various metals on June 10 included: aluminum at 20,075.00 CNY/ton, lead at 16,875.00 CNY/ton, and international copper at 70,450.00 CNY/ton, reflecting a general upward trend in prices for most metals [2] - The inventory data for non-ferrous metals indicated an increase in copper and zinc futures warehouse receipts, while aluminum and lithium carbonate saw slight decreases [3] Group 2 - The basis data showed that several metals, including copper, zinc, aluminum, and nickel, experienced a "backwardation" phenomenon, where spot prices were higher than futures prices [3] - Specific basis values for metals included copper at 221 CNY, zinc at 457 CNY, and aluminum at 241 CNY, indicating varying levels of market demand and supply dynamics [4] - Industrial silicon had a significant basis of 1,275 CNY, reflecting strong demand compared to its futures price [5]

【5 月 28 日国内期市有色金属板块大面积飘绿】工业硅主力跌逾 3%，目前下跌 3.05%，报 7300.00 元/ 吨。碳酸锂主力下跌 1.84%，报 59620.00 元/吨。沪铝主力上涨 0.37%，报 20135.00 元/吨。沪镍主力下 跌 0.76%，报 121590.00 元/吨。5 月 28 日有色金属期货价格行情如下：氧化铝主力开盘价 3028.00 元， 昨收价 3018.00 元，昨结价 3013.00 元。碳酸锂主力开盘价 61200.00 元，昨收价 60920.00 元，昨结价 60740.00 元。沪铜主力开盘价 78160.00 元，昨收价 77900.00 元，昨结价 77990.00 元。国际铜主力开盘 价 69780.00 元，昨收价 69630.00 元，昨结价 69580.00 元。沪铝主力开盘价 20165.00 元，昨收价 20040.00 元，昨结价 20060.00 元。沪铅主力开盘价 16790.00 元，昨收价 16825.00 元，昨结价 16790.00 元。沪镍主力开盘价 121990.00 元，昨收价 122310.00 元，昨结价 122520 ...

Core Viewpoint - The domestic futures market for oilseeds and oils experienced significant declines on May 26, with the main soybean futures dropping over 1% [1] Summary by Category Market Performance - The main soybean futures fell by 1.07%, settling at 4150.00 CNY/ton - The main rapeseed meal futures increased by 0.23%, reaching 2571.00 CNY/ton - The main soybean oil futures decreased by 0.98%, priced at 7712.00 CNY/ton - The main peanut futures dropped by 0.70%, now at 8256.00 CNY/ton [1] Warehouse Receipt Data - As of May 23, soybean oil futures warehouse receipts totaled 15802 contracts, an increase of 1200 contracts week-on-week - Palm oil futures warehouse receipts stood at 302 contracts, a decrease of 28 contracts - Rapeseed oil futures warehouse receipts remained unchanged at 2121 contracts - Soybean meal futures warehouse receipts decreased by 9046 contracts to 29265 contracts - Rapeseed meal futures warehouse receipts decreased by 349 contracts to 28528 contracts - Main soybean futures warehouse receipts increased by 393 contracts to 30529 contracts - Main soybean two futures warehouse receipts were at 0 contracts, down by 900 contracts - Peanut futures warehouse receipts were at 0 contracts, down by 600 contracts [1] Basis Data - As of May 23, several oilseed and oil contracts exhibited a "futures-spot inversion" phenomenon - The spot price of rapeseed oil was 9513.33 CNY, with a contract price of 2509 and a futures price of 9412 CNY, resulting in a basis of 101 and a basis rate of 1.06% - The spot price of palm oil was 8510 CNY, with a contract price of 2509 and a futures price of 8032 CNY, leading to a basis of 478 and a basis rate of 5.62% - The spot price of soybean one was 4255 CNY, with a contract price of 2507 and a futures price of 4195 CNY, resulting in a basis of 60 and a basis rate of 1.41% - The spot price of soybean meal was 3024 CNY, with a contract price of 2509 and a futures price of 2950 CNY, leading to a basis of 74 and a basis rate of 2.45% - The spot price of soybean oil was 8034 CNY, with a contract price of 2509 and a futures price of 7788 CNY, resulting in a basis of 246 and a basis rate of 3.06% [1]

螺纹钢仓库期货仓单42287吨，环比上个交易日减少1800吨； 铁矿石期货仓单2300手，环比上个交易日持平； 不锈钢仓库期货仓单141742吨，环比上个交易日减少1314吨； 5月23日，国内期市黑色金属板块"万绿丛中一点红"，锰硅主力跌幅近2%。截止目前，锰硅主力下跌 1.95%，报5818.00元/吨；铁矿石主力下跌0.69%，报722.00元/吨；不锈钢主力上涨0.08%，报12890.00 元/吨；硅铁主力下跌1.03%，报5556.00元/吨。 热轧卷板期货仓单208455吨，环比上个交易日减少16240吨； 5月23日黑色金属期货价格行情 硅铁期货仓单18443张，环比上个交易日减少1079张； | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- | --- | --- | | 螺纹钢 | 3060.00 | 3061.00 | 3059.00 | | 铁矿石 | 725.00 | 727.00 | 727.00 | | 不锈钢 | 12890.00 | 12880.00 | 12880.00 | | 热卷 | 3215.00 | 3210.00 | 3213.00 | ...

5月23日，国内期市有色金属板块涨跌参半，氧化铝主力跌近2%。截止目前，氧化铝主力下跌1.98%， 报3170.00元/吨；碳酸锂主力下跌0.68%，报61560.00元/吨；沪锌主力上涨0.36%，报22330.00元/吨；沪 铅主力上涨0.36%，报16840.00元/吨。 5月23日有色金属期货价格行情 | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- | --- | --- | | 氧化铝主力 | 3191.00 | 3216.00 | 3234.00 | | 碳酸锂主力 | 62120.00 | 62140.00 | 61980.00 | | 沪铜主力 | 77730.00 | 77920.00 | 77910.00 | | 国际铜主力 | 69040.00 | 69270.00 | 69270.00 | | 沪铝主力 | 20150.00 | 20210.00 | 20195.00 | | 沪铅主力 | 16685.00 | 16685.00 | 16780.00 | | 沪镍主力 | 123100.00 | 123400.00 | 123480.00 | | 沪锌主力 ...

5月22日原油系期货价格行情 | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- | --- | --- | | SC原油 | 470.10 | 470.10 | 468.20 | | 燃料油 | 3075.00 | 3074.00 | 3068.00 | | 沥青 | 3520.00 | 3519.00 | 3523.00 | | 液化石油气 | 4237.00 | 4236.00 | 4239.00 | | 低硫燃料油 | 3567.00 | 3571.00 | 3563.00 | 5月21日，商品仓单数据显示： 5月22日，国内期市原油系板块"万绿丛中一点红"，原油、液化石油气跌逾1%。具体来看，截止目前， 原油主力下跌1.32%，报462.00元/桶；液化石油气主力下跌1.13%，报4191.00元/吨；燃料油主力下跌 0.88%，报3041.00元/吨；沥青主力上涨0.40%，报3537.00元/吨。 液化石油气期货仓单8765手，环比上个交易日增加139手； 低硫燃料油仓库期货仓单0吨，环比上个交易日持平； 截止北京时间5月21日，据基差数据显示：燃料油、沥青、液化石油气 ...