Workflow
期货
icon
Search documents
X @外汇交易员
外汇交易员· 2025-07-25 06:23
#行情 焦煤、硅铁、锰硅期货午后陆续涨停。 ...
天然与合成橡胶日评:天然橡胶震荡偏强,台成橡胶震荡偏强-20250725
Hong Yuan Qi Huo· 2025-07-25 05:20
Report Investment Rating - The report does not explicitly mention the industry investment rating. Core View - The natural rubber price may fluctuate strongly due to the armed conflict between Thailand and Cambodia. The synthetic rubber price may also fluctuate strongly supported by the improved macro - atmosphere and rising raw material costs. Attention should be paid to the support and pressure levels of natural rubber and butadiene [1]. Summary by Related Catalogs 1. Futures Market Data Natural Rubber Futures - On July 24, 2025, the closing price was 15245, up 240 from the previous day; the trading volume was 522391 lots; the open interest was 210844 lots; the registered warrant volume was 186680, down 20 from the previous day; the natural rubber basis was - 270, down 240 from the previous day [1]. - Regarding the daily price differences of standard rubber SCRWF in different regions compared to Shanghai, the Tianjin - Shanghai difference was - 125 (unchanged), the Shandong - Shanghai difference was - 200 (unchanged), and the Yunnan - Shanghai difference was - 325 (unchanged) [1]. - For the natural rubber monthly spread, the near - month minus the first - continuous contract was - 90, down 20 from the previous day; the first - continuous minus the second - continuous contract was 15, up 5 from the previous day; the first - continuous minus the third - continuous contract was - 10, down 35 from the previous day [1]. Synthetic Rubber Futures - On July 24, 2025, the closing price was 12285, up 410 from the previous day; the trading volume was 148642 lots; the open interest was 48828 lots; the registered warrant volume was 9840 (unchanged); the synthetic rubber basis was - 535, down 343.33 from the previous day [1]. - The North - South difference of cis - butadiene rubber in the synthetic rubber basis: the South China - East China difference was - 75, up 25 from the previous day; another difference was - 25, down 60 from the previous day [1]. - For the synthetic rubber monthly spread, the first - continuous minus the second - continuous contract was 40, up 20 from the previous day; the first - continuous minus the third - continuous contract was 40, up 20 from the previous day [1]. 2. Supply Side - In the natural rubber main producing areas, Thailand and Vietnam will have stable weather and less precipitation in the next few days, while Indonesia will have more precipitation. In domestic producing areas, there will be precipitation in Guangdong, Guangxi, Hainan, Yunnan and other places [1]. - As of July 24, 2025, the weekly capacity utilization rate of cis - butadiene rubber was 66.43%, up 3.21% from last week; the weekly capacity utilization rate of styrene - butadiene rubber was 78.79%, unchanged from last week [1]. - As of July 24, the daily after - tax profit of China's styrene - butadiene rubber emulsion polymerization method was - 168.14 yuan/ton, up 110.62 yuan/ton from the previous day; the daily after - tax profit of China's SBS solution polymerization was 150.44 yuan/ton, down 53.1 yuan/ton from the previous day; the after - tax profit of cis - butadiene rubber solution polymerization process was - 787.61 yuan/ton, up 88.5 yuan/ton from the previous day [1]. 3. Inventory Side - As of July 18, 2025, the weekly total warehouse receipt inventory of natural rubber on the SHFE was 212.92 thousand tons, down 0.67 thousand tons from last week; the weekly social inventory of natural rubber in Qingdao was 1.37 million tons, down 0.12 million tons from last week; the bonded area inventory was 9.19 million tons, down 0.07 million tons from last week [1]. - As of July 24, 2025, the weekly social inventory of cis - butadiene rubber was 12796 tons, up 150 tons from last week [1]. 4. Cost Side - The global natural rubber supply has entered the increasing period, and the main producing areas at home and abroad have fully started tapping. As of July 24, 2025, the purchase price of latex in the Songkhla market in Thailand was 55.3 baht/kg, unchanged from the previous day; the daily purchase price of natural rubber latex in the Hainan market was 15600 yuan/ton, up 150 yuan/ton from the previous day [1]. - For synthetic rubber, the short - term contradiction of crude oil is not prominent, and the oil price volatility has returned to shock. The price of upstream raw material butadiene has increased. As of July 24, 2025, the daily average price of Chinese butadiene (99.5%) was 90887.5 yuan/ton, unchanged from the previous day. As of July 23, the weekly port inventory of Chinese butadiene was 15.7 thousand tons, down 4.3 thousand tons from last week [1]. 5. Demand Side - As of July 24, 2025, the weekly operating load rate of all - steel tires in Shandong was 65.00%, down 0.08% from last week; the weekly operating load rate of semi - steel tires in China was 76.58%, down 0.12% from last week [1]. - According to the Passenger Car Association, from June 1 - 30, the national automobile market retail sales were 2.804 million vehicles, an increase of 217,700 vehicles from the previous month. The passenger car sales in June were 2.536 million vehicles, an increase of 184,300 vehicles from the previous month. The truck sales in June were 316,000 vehicles, an increase of 24,500 vehicles from the previous month, and the tire supporting demand has increased [1].
【期货热点追踪】玻璃强势上行创1月以来新高!企业库存持续消化、“反内卷”预期强化,玻璃上方空间依旧充足?点击了解。
news flash· 2025-07-25 02:16
期货热点追踪 玻璃强势上行创1月以来新高!企业库存持续消化、"反内卷"预期强化,玻璃上方空间依旧充足?点击 了解。 相关链接 ...
焦炭:三轮提涨落地,震荡偏强,焦煤:供给政策预期约束强化,震荡偏强
Guo Tai Jun An Qi Huo· 2025-07-25 01:57
2025 年 7 月 25 日 刘豫武 投资咨询从业资格号:Z0021518 liuyuwu025832@gtjas.com 【基本面跟踪】 焦煤焦炭基本面数据 | | | JM2509 | 昨日收盘价(元/吨) | 漆跌(元/吨) | 漆跌幅 | | --- | --- | --- | --- | --- | --- | | | | | 1198.5 | 63 | 5.55% | | | | J2509 | 1735 | 27.5 | 1.61% | | 期货价格 | | | 昨日成交(手) | 昨日持仓(手) | 持仓变动(手) | | | | JM2509 | 2883448 | 463313 | 53371 | | | | J2509 | 81783 | 38141 | -209 | | | | 临汾低硫主焦 | 昨日价格(元/吨) 1400 | 前日价格(元/吨) 1380 | 漆跌(元/吨) 20 | | | 焦煤 | 全泉蒙5精煤自提价 | 1029 | 1029 | 0 | | | | 吕梁低硫主焦 | 1449 | 1449 | 0 | | | | 峰景折人民币 | 1543 | 1545 ...
【期货热点追踪】 10%出口税落地在即!乌克兰油菜籽价格会暴跌20%还是报复性反弹? 点击了解。
news flash· 2025-07-25 00:59
10%出口税落地在即!乌克兰油菜籽价格会暴跌20%还是报复性反弹?点击了解。 相关链接 期货热点追踪 ...
玻璃期货主力合约日内涨幅扩大至5%
news flash· 2025-07-24 06:02
智通财经7月24日电,玻璃期货主力合约日内涨幅扩大至5%,报1286元/吨。 玻璃期货主力合约日内涨幅扩大至5% ...
【期货热点追踪】焦煤价格持续走高,为何铁矿石却连续第二日下跌?“反内卷”扰动下,铁矿石后市是否还有做多机会?点击了解。
news flash· 2025-07-24 05:20
焦煤价格持续走高,为何铁矿石却连续第二日下跌?"反内卷"扰动下,铁矿石后市是否还有做多机会? 点击了解。 相关链接 期货热点追踪 ...
【期货热点追踪】多晶硅、工业硅、碳酸锂盘中直线拉涨,或系这些消息所致!点击了解。
news flash· 2025-07-24 03:45
期货热点追踪 多晶硅、工业硅、碳酸锂盘中直线拉涨,或系这些消息所致!点击了解。 相关链接 ...
铝:区间震荡,氧化铝:回归基本面铸造,铝合金:继续震荡
Guo Tai Jun An Qi Huo· 2025-07-24 02:37
期 货 研 究 2025 年 07 月 24 日 铝:区间震荡 氧化铝:回归基本面 铸造铝合金:继续震荡 王蓉 投资咨询从业资格号:Z0002529 wangrong2@gtht.com 王宗源(联系人) 期货从业资格号:F03142619 wangzongyuan@gtht.com 【综合快讯】 1. 中国商务部:何立峰将于 7 月 27 日至 30 日赴瑞典与美方举行经贸会谈。商务部新闻发言人称,中 美双方将按照两国元首 6 月 5 日通话重要共识,发挥好中美经贸磋商机制作用,本着相互尊重、和平共处、 合作共赢的原则,继续就彼此关心的经贸问题开展磋商。(华尔街见闻) 2. 12 月 18 日海南自贸港封关!"零关税"商品比例 74%、"一线"口岸 8 个。海南自贸港封关将于今年 12 月 18 日正式启动。现阶段封关政策:一是实施更加优惠的货物"零关税"政策,"一线"进口的"零关 税"商品税目比例将由 21% 提高至 74%。二是实施更加宽松的贸易管理措施。三是实施更加便利的通行措 施,以岛内现有 8 个对外开放口岸作为"一线"口岸。四是实施更加高效精准的监管模式。(华尔街见闻) 所 铝、氧化铝、铸造铝合 ...
【期货盯盘神器专属文章】中国PVC价格环比上周有所上涨,旧产能或面临淘汰,市场预期供需将如何演变?
news flash· 2025-07-23 13:55
Core Viewpoint - The price of PVC in China has increased compared to the previous week, indicating potential changes in supply and demand dynamics in the market [1] Group 1 - The price of PVC in China has shown a week-on-week increase, suggesting a shift in market conditions [1] - There is a possibility that outdated production capacity may face elimination, which could impact future supply [1] - Market expectations are focused on how supply and demand will evolve in the near future [1]