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光大期货:12月19日软商品日报
Xin Lang Cai Jing· 2025-12-19 01:22
热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 白糖: 消息方面,2025年11月,我国进口食糖44万吨,同比减少9.34万吨。2025年1-11月,我国进口食糖 434.16万吨;2025/26榨季(10-11月),我国进口食糖118.62万吨。现货报价方面,广西新糖报价 5270~5380元/吨,下调20~30元/吨;云南制糖集团新糖报价5150~5260元/吨,下调20元/吨;加工糖厂主 流报价区间为5650~5900元/吨,个别下调10元/吨。11月进口数据基本在市场预期之内,国内方面现货 报价不断下调,市场承压,期价已经跌破大部分企业生产成本线,但悲观情绪下仍未有止跌迹象,以空 头思路对待但避免低位追空。关注糖浆及预混粉11月进口情况。 棉花: 周四,ICE美棉上涨0.22%,报收63.57美分/磅,CF601环比上涨0.11%,报收13960元/吨,主力合约持仓 环比增加10681手至74.19万手,棉花3128B现货价格指数14750元/吨,较前一日上调35元/吨。国内市场 方面,宏观层面仍有扰动,美国CPI数据超预期降温,美元指数与美棉价格重心共振上移。美棉出口方 面,数据更 ...
《有色》日报-20251219
Guang Fa Qi Huo· 2025-12-18 23:30
Report Industry Investment Ratings No relevant information provided. Core Views Industrial Silicon - Industrial silicon spot prices stabilized, while futures prices rose and then fell. The price is expected to remain in a low - level oscillation, with the main range between 8000 - 9000 yuan/ton. If production drops significantly, it may reach 10000 yuan/ton; if polysilicon production cuts are large and industrial silicon production cuts fall short of expectations, the price may drop to 7500 yuan/ton. [1] Polysilicon - Polysilicon futures prices continued to rise strongly, with a large premium over the spot average. The supply is excessive, and the demand is weak. The price is expected to remain in a high - level oscillation. If production cuts are significant, the futures may remain strong; if not, the high premium may converge to the spot price. [2] Tin - The supply of tin ore remains tight, and the demand in some regions shows resilience. Tin prices are expected to remain strong within the year. [4] Lithium Carbonate - The lithium carbonate market was affected by news, with the main contract rising. The fundamentals have not changed much, with both supply and demand being strong. The price may remain strong in the short - term, but there is a risk of a pullback. [5] Nickel - The nickel market was affected by Indonesian nickel ore news and macro factors. The fundamentals are relatively loose, and the price may repair slightly in the short - term, with the main reference range of 112000 - 116000 yuan/ton. [7] Stainless Steel - The stainless - steel market was affected by low valuations and nickel price rebounds. It is in a situation of weak supply and demand, and is expected to oscillate and adjust in the short - term, with the main operating range of 12200 - 12800 yuan/ton. [9] Zinc - The zinc market is affected by macro - level risk aversion. The supply is gradually changing from loose to tight, and the demand has a structural improvement. The short - term Shanghai zinc price may be stronger than the London zinc price. [13] Copper - The copper market is affected by macro factors and supply - side concerns. The price bottom has shifted up, and short - term price fluctuations may be intensified by macro events. [14] Aluminum - The alumina market has a pattern of high supply and high inventory, and the price is expected to remain in a bottom - level oscillation. The electrolytic aluminum market is expected to oscillate widely, with the main contract in the range of 21700 - 22400 yuan/ton. [17] Cast Aluminum Alloy - The cast aluminum alloy market is in a game between strong cost support and weak demand. It is expected to remain in a high - level narrow - range oscillation, with the main contract in the range of 20700 - 21400 yuan/ton. [18] Summary by Relevant Catalogs Industrial Silicon - **Spot Prices and Basis**: The prices of East China oxygen - containing SI5530, SI4210, and Xinjiang 99 silicon remained unchanged on December 17 compared to December 16. The basis of various types decreased. [1] - **Inter - month Spreads**: The inter - month spreads of most contracts changed significantly, with some showing large decreases or increases. [1] - **Fundamental Data**: National industrial silicon production decreased by 11.17%, and the national operating rate decreased by 4.84%. The production and operating rates in Yunnan and Sichuan decreased significantly, while those in Xinjiang increased slightly. [1] - **Inventory Changes**: Xinjiang, Yunnan, and Sichuan factory inventories and social inventories increased slightly, while the change in warehouse receipt inventory was zero. [1] Polysilicon - **Spot Prices and Basis**: The average prices of N - type re - feedstock and N - type granular silicon remained unchanged. The N - type material basis decreased significantly. [2] - **Futures Prices and Inter - month Spreads**: The main contract price rose, and the inter - month spreads of some contracts changed significantly. [2] - **Fundamental Data**: Weekly silicon wafer production increased by 1.67%, and monthly polysilicon production decreased by 14.48%. [2] - **Inventory Changes**: Polysilicon and silicon wafer inventories increased. [2] Tin - **Spot Prices and Basis**: The prices of SMM 1 tin and Yangtze River 1 tin increased by 1.65%. The LME 0 - 3 premium increased by 12.00%. [4] - **Inter - month Spreads**: The inter - month spreads of some contracts changed significantly. [4] - **Fundamental Data**: In October, tin ore imports increased by 33.49%, and SMM refined tin production increased by 53.09%. [4] - **Inventory Changes**: SHEF inventory, social inventory, and LME inventory increased. [4] Lithium Carbonate - **Prices and Basis**: The prices of various types of lithium carbonate and related raw materials increased to varying degrees. [5] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [5] - **Fundamental Data**: In November, lithium carbonate production and demand increased, and the inventory decreased. [5] Nickel - **Prices and Basis**: The prices of various types of nickel increased slightly, and the premium of Jinchuan nickel continued to rise. [7] - **Cost of Electrolytic Nickel**: The cost of some methods of producing electrolytic nickel changed. [7] - **New Energy Material Prices**: The price of battery - grade lithium carbonate increased, while the price of battery - grade nickel sulfate decreased slightly. [7] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [7] - **Supply, Demand and Inventory**: Chinese refined nickel production and imports decreased, while domestic inventories increased. [7] Stainless Steel - **Prices and Basis**: The spot price of stainless steel increased slightly, and the futures - spot price difference decreased. [9] - **Raw Material Prices**: The price of some raw materials remained stable, while the price of high - carbon ferrochrome increased slightly. [9] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [9] - **Fundamental Data**: Chinese 300 - series stainless steel production decreased slightly, and exports decreased significantly. [9] Zinc - **Prices and Spreads**: The price of SMM 0 zinc ingot decreased by 0.69%, and the import loss increased. [13] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [13] - **Fundamental Data**: In November, refined zinc production decreased by 3.56%, and the operating rates of some downstream industries changed. [13] - **Inventory Changes**: Chinese zinc ingot social inventory decreased, while LME inventory increased. [13] Copper - **Prices and Basis**: The price of SMM 1 electrolytic copper increased by 0.49%, and the premium decreased. [14] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [14] - **Fundamental Data**: In November, electrolytic copper production increased by 1.05%, and the operating rates of some copper - related industries decreased. [14] - **Inventory Changes**: Domestic social inventory increased, while the bonded area inventory decreased. [14] Aluminum Alumina - **Prices and Spreads**: The prices of alumina in various regions decreased slightly. [17] - **Fundamental Data**: In November, alumina production decreased by 4.44%, and the operating rate increased slightly. [17] - **Inventory Changes**: Alumina plant inventory, port inventory, and electrolytic aluminum plant alumina inventory increased. [17] Electrolytic Aluminum - **Prices and Spreads**: The price of SMM A00 aluminum increased by 0.55%. [17] - **Fundamental Data**: In November, domestic and overseas electrolytic aluminum production decreased. [17] - **Inventory Changes**: Chinese electrolytic aluminum social inventory increased slightly. [17] Cast Aluminum Alloy - **Prices and Spreads**: The prices of various types of cast aluminum alloy increased slightly. [18] - **Inter - month Spreads**: The inter - month spreads of some contracts changed. [18] - **Fundamental Data**: In November, the production of regenerated and primary aluminum alloy ingots increased, and the operating rates of related industries increased. [18] - **Inventory Changes**: The social inventory of regenerated aluminum alloy ingots decreased slightly. [18]
玉米系产业日报-20251218
Rui Da Qi Huo· 2025-12-18 08:52
Report Industry Investment Rating - No information provided Core Viewpoints - For the US corn market, it has entered the export peak season with high phased supply pressure, and the global and US corn supply - demand remains relatively loose, suppressing international prices. However, the USDA's downward adjustment of the 2025/26 US corn ending - inventory forecast supports the price [3]. - In the domestic Northeast region, the acquisition of reserve warehouses has increased since December, supporting the market bottom. But high prices limit purchasing enthusiasm, and with rumors of wheat and reserve corn regulation, the supply has increased and prices have fallen [3]. - In the North China and Huang - Huai regions, new - season corn supply is abundant, industry operating rates are rising, and supply - side pressure is increasing. Although the inventory of starch enterprises has increased, holiday备货 may boost demand, and the rise of cassava starch may also increase the demand for corn starch [3]. Summary by Directory Futures Market - Corn futures: The closing price of the active contract is 2190 yuan/ton; the 5 - 9 monthly spread is - 27 yuan/ton; the open interest of the active contract is 1001351 lots, an increase of 12746 lots; the net long position of the top 20 holders is - 87155 lots, an increase of 9707 lots; the registered warehouse receipts are 53277 lots, a decrease of 1163 lots; the CS - C spread of the main contract is 335 yuan/ton, an increase of 2 yuan/ton [2]. - Corn starch futures: The closing price of the active contract is 2499 yuan/ton, a decrease of 13 yuan/ton; the 3 - 5 monthly spread is - 47 yuan/ton; the open interest of the active contract is 104235 lots, a decrease of 27863 lots; the net long position of the top 20 holders is - 30748 lots, an increase of 2763 lots; the registered warehouse receipts are 2500 lots [2]. Outer - market - CBOT corn: The closing price of the active contract is 440.75 cents/bushel, an increase of 4.75 cents; the total open interest is 1616139 contracts, an increase of 13001 contracts; the non - commercial net long position is 120900 contracts, an increase of 77887 contracts [2]. Spot Market - Corn: The average spot price is 2349.61 yuan/ton, a decrease of 1.17 yuan/ton; the FOB price at Jinzhou Port is 2290 yuan/ton, an increase of 10 yuan/ton; the CIF price of imported corn is 2121.58 yuan/ton, an increase of 1.11 yuan/ton; the international freight of imported corn is 50 dollars/ton [2]. - Corn starch: The factory quotes in Changchun, Weifang, and Shijiazhuang are 2570 yuan/ton (a decrease of 20 yuan/ton), 2800 yuan/ton, and 2730 yuan/ton respectively; the basis of the main corn starch contract is 71 yuan/ton, a decrease of 7 yuan/ton; the basis of the main corn contract is 159.61 yuan/ton, an increase of 14.83 yuan/ton; the spread between Shandong starch and corn is 466 yuan/ton, an increase of 18 yuan/ton [2]. - Substitute spot prices: The average wheat price is 2516.39 yuan/ton, a decrease of 1.39 yuan/ton; the spread between cassava starch and corn starch is 725 yuan/ton, a decrease of 36 yuan/ton; the spread between corn starch and 30 - powder is - 239 yuan/ton, a decrease of 10 yuan/ton [2]. Upstream Situation - Corn production forecasts: The predicted annual production in the US is 425.53 million tons, a decrease of 1.58 million tons; in Brazil is 131 million tons; in Argentina is 53 million tons; in China is 295 million tons; in Ukraine is 32 million tons [2]. - Sown areas: The predicted sown areas of corn in the US, Brazil, Argentina, and China are 36.44 million hectares (an increase of 0.55 million hectares), 22.6 million hectares, 7.5 million hectares, and 44.3 million hectares respectively [2]. Industry Situation - Corn inventory: The inventory at southern ports is 31.5 tons, a decrease of 20.2 tons; at northern ports is 152 tons, a decrease of 11 tons; the deep - processing corn inventory is 294 tons, an increase of 18.6 tons; the starch enterprise inventory is 107.4 tons, an increase of 2.5 tons [2]. - Import and export: The monthly import volume of corn is 36 tons, an increase of 30 tons; the monthly export volume of corn starch is 19.17 tons, an increase of 6.39 tons [2]. - Production: The monthly production of feed is 2977.9 tons, an increase of 20.9 tons [2]. Downstream Situation - Consumption: The weekly consumption of deep - processed corn is 141.67 tons, a decrease of 0.09 tons [2]. - Operating rates: The operating rate of alcohol enterprises is 68.22%, a decrease of 2.06%; the operating rate of starch enterprises is 62.31%, a decrease of 0.53% [2]. - Processing profits: The processing profits of corn starch in Shandong, Hebei, and Jilin are 2 yuan/ton (an increase of 10 yuan/ton), 74 yuan/ton, and - 67 yuan/ton (a decrease of 14 yuan/ton) respectively [2]. Option Market - Corn historical volatility: The 20 - day historical volatility is 11.7%, a decrease of 0.02%; the 60 - day historical volatility is 9.45% [2]. - Implied volatility: The implied volatility of at - the - money call options is 1.48%, a decrease of 7.11%; the implied volatility of at - the - money put options is 5.17%, a decrease of 3.41% [2]. Industry News - China's corn and corn flour imports in November were 56 tons, a year - on - year increase of 87.5%. The cumulative imports from January to November were 185 tons, a year - on - year decrease of 86.1% [2]
工业硅&多晶硅日报-20251218
Guang Da Qi Huo· 2025-12-18 05:04
工业硅日报 工业硅&多晶硅日报(2025 年 12 月 18 日) 一、研究观点 点评 17 日工业硅震荡偏强,主力 2605 收于 8470 元/吨,日内涨幅 1.56%,持仓 增仓 8547 手至 21.1 万手。百川工业硅现货参考价 9593 元/吨,较上一交易 日上调 13 元/吨。最低交割品#421 价格跌至 8850 元/吨,现货升水收至 380 元/吨。多晶硅震荡偏强,主力 2605 收于 61595 元/吨,日内涨幅 4.36%,持仓增仓 5450 手至 15.3 万手;百川多晶硅 N 型复投硅料价格持稳 在 52350 元/吨,最低交割品硅料价格持稳在 52350 元/吨,现货对主力贴 水扩至 9295 元/吨。西南两地硅厂减产达到此前预期位置,由于减产节奏 拉的比较长,减产不及下游采购跌量,市场对于减产消息反馈不太敏感。 当前成交集中在套保单或未交付前期订单。工业硅自身缺乏涨势,短期受 多晶硅带涨。晶硅现货过剩和仓单短缺结构性矛盾下,日内厂家大幅提升 现货报价,与部分咨询网站延续持稳报价相悖。当前平台收储情绪发酵, 叠加仍未出现大量注册新仓单,近月多头情绪开始向全合约蔓延。期现逻 辑脱钩, ...
焦煤:产地煤价降价延续 蒙煤价格跟随期货波动 盘面超跌反弹
Jin Tou Wang· 2025-12-18 03:05
【期现】 截至12月17日收盘,焦煤期货震荡走势,夜盘反弹,以收盘价统计,焦煤近月2601合约-3.0(-0.31%)至 970.5,焦煤主力2605合约-5.5(-0.52%)至1062.0,1-5价差走强至-92.0。S1.3G75山西主焦煤(介休)仓单 1230元/吨,环比+0.0元/吨,基差+168.0元/吨;S1.3G75主焦煤(蒙5)沙河驿仓单1135/吨(对标),环比-4.0 元/吨,蒙5仓单基差+73.0元/吨。焦煤期货大幅下跌后反弹,山西煤焦现货延续跌势,蒙煤现货报价跟 随期货波动。 【供给】 截至12月11日,汾渭统计88家样本煤矿产能利用率83.45%,环比-1.05%,原煤产量842.82万吨/周,周环 比-10.58万吨/周,原煤库存198.18万吨,周环比+3.51万吨,精煤产量432.89万吨/周,周环比-5.29万吨/ 周,精煤库存126.52万吨,周环比-1.09万吨。 截至12月17日,钢联统计523矿样本煤矿产能利用率86.6%,周环比+1.3%,原煤日产192.7万吨/日,周 环比+2.9万吨/日,原煤库存478.9万吨,周环比+6.5万吨,精煤日产75.7吨/日,周环 ...
国泰君安期货纸浆:宽幅震荡 20251218
Guo Tai Jun An Qi Huo· 2025-12-18 02:56
商 品 研 究 2025 年 12 月 18 日 纸浆:宽幅震荡 20251218 | | | 表 1:基本面数据 | 项目 | | 项目名称 | 昨日数据 | 前日数据 | 变动幅度 | | --- | --- | --- | --- | --- | --- | | | 纸浆主力 | 日盘收盘价(元/吨) | 5.506 | 5.468 | +38 | | | | 夜盘收盘价(元/吨) | 5,538 | 5, 458 | +80 | | | | 成交量(手) | 319.068 | 525, 963 | -206. 895 | | 期货市场 | (05合约) | 持仓量 (手) | 207. 655 | 207. 844 | -189 | | | | 仓单数量(吨) | 187.098 | 190. 664 | -3,566 | | | | 前20名会员净持仓(手) | -17.545 | -22, 914 | +5, 369 | | 价差数据 | 基差 | 银星-期货主力 | 94 | 132 | -38 | | | | 金鱼-期货主力(非标) | -856 | -818 | -38 | | | 月差 ...
瑞达期货天然橡胶产业日报-20251217
Rui Da Qi Huo· 2025-12-17 10:19
Report Investment Rating - No investment rating information is provided in the report. Core Viewpoints - The total inventory at Qingdao Port continues to accumulate, with both bonded and general trade warehouses showing inventory build - up, and the overall inventory build - up rate has widened month - on - month. Overseas standard rubber arrivals are increasing while mixed rubber arrivals are slightly decreasing. Downstream tire manufacturers are cautious in replenishing stocks, with a mostly wait - and - see purchasing sentiment and low overall outbound volume. In terms of demand, the resumption of production by previously overhauled enterprises has driven a month - on - month increase in the capacity utilization rate of domestic tire enterprises last week. Entering the seasonal off - season, the overall shipment rhythm of enterprises is slow, and most enterprises are in a state of flexible production control, limiting the increase in the overall capacity utilization rate. With the continuous rise of finished product inventory, there is a possibility of individual enterprises undergoing maintenance or reducing production in the later stage. The ru2605 contract is expected to fluctuate in the range of 15,000 - 15,500 in the short term, and the nr2602 contract is expected to fluctuate in the range of 12,150 - 12,650 in the short term [2]. Summary by Directory Futures Market - The closing price of the main Shanghai rubber contract is 15,390 yuan/ton, up 220 yuan; the closing price of the main 20 - number rubber contract is 12,570 yuan/ton, up 185 yuan. The 1 - 5 spread of Shanghai rubber is 0 yuan/ton, down 25 yuan; the 2 - 3 spread of 20 - number rubber is 0 yuan/ton, up 5 yuan. The spread between Shanghai rubber and 20 - number rubber is 2,820 yuan/ton, up 35 yuan. The position of the main Shanghai rubber contract is 146,495 lots, up 14,415 lots; the position of the main 20 - number rubber contract is 61,828 lots, up 2,594 lots. The net position of the top 20 in Shanghai rubber is - 30,266 lots, up 1,040 lots; the net position of the top 20 in 20 - number rubber is - 11,485 lots, up 428 lots. The exchange warehouse receipts of Shanghai rubber are 87,160 tons, up 2,900 tons; the exchange warehouse receipts of 20 - number rubber are 59,573 tons, unchanged [2]. Spot Market - The price of state - owned whole latex in the Shanghai market is 14,900 yuan/ton, down 50 yuan; the price of Vietnam 3L in the Shanghai market is 15,250 yuan/ton, unchanged. The price of Thai standard STR20 is 1,835 US dollars/ton, unchanged; the price of Malaysian standard SMR20 is 1,830 US dollars/ton, unchanged. The price of Thai RMB mixed rubber is 14,450 yuan/ton, unchanged; the price of Malaysian RMB mixed rubber is 14,400 yuan/ton, unchanged. The price of Qilu Petrochemical's styrene - butadiene 1502 is 11,100 yuan/ton, up 100 yuan; the price of Qilu Petrochemical's butadiene BR9000 is 10,700 yuan/ton, up 100 yuan. The basis of Shanghai rubber is - 270 yuan/ton, down 20 yuan; the non - standard product basis of the main Shanghai rubber contract is - 720 yuan/ton, up 30 yuan. The price of 20 - number rubber in the Qingdao market is 12,930 yuan/ton, up 3 yuan; the basis of the main 20 - number rubber contract is 545 yuan/ton, down 22 yuan [2]. Upstream Situation - The theoretical production profit of RSS3 is 138.6 US dollars/ton, up 13.6 US dollars; the theoretical production profit of STR20 is 53.8 US dollars/ton, up 10.6 US dollars. The monthly import volume of technically classified natural rubber is 126,100 tons, up 3,500 tons; the monthly import volume of mixed rubber is 256,400 tons, down 61,100 tons [2]. Downstream Situation - The weekly operating rate of all - steel tires is 64.07%, up 0.57 percentage points; the weekly operating rate of semi - steel tires is 71.57%, up 0.65 percentage points. The inventory days of all - steel tires in Shandong at the end of the period are 40.58 days, up 1.07 days; the inventory days of semi - steel tires in Shandong at the end of the period are 45.51 days, up 0.56 days. The monthly output of all - steel tires is 13.01 million pieces, up 590,000 pieces; the monthly output of semi - steel tires is 58.31 million pieces, up 6.63 million pieces [2]. Option Market - The 20 - day historical volatility of the underlying is 13.36%, up 0.67 percentage points; the 40 - day historical volatility of the underlying is 14.76%, up 0.45 percentage points. The implied volatility of at - the - money call options is 19.51%, down 0.2 percentage points; the implied volatility of at - the - money put options is 19.51%, down 0.2 percentage points [2]. Industry News - In November 2025, China's heavy - truck market sold about 100,000 vehicles (wholesale basis, including exports and new energy), a month - on - month decrease of about 6% compared with October 2025 and a year - on - year increase of about 46% compared with 68,500 vehicles in the same period last year. From January to November this year, the cumulative sales of China's heavy - truck market exceeded 1 million vehicles, reaching 1.03 million vehicles, a year - on - year increase of about 26%. As of December 14, 2025, the total inventory of natural rubber in bonded and general trade in Qingdao was 498,900 tons, a month - on - month increase of 10,200 tons, an increase of 2.08%. The bonded area inventory was 77,500 tons, an increase of 4.88%; the general trade inventory was 421,400 tons, an increase of 1.58%. As of December 11, the capacity utilization rate of China's semi - steel tire sample enterprises was 70.14%, a month - on - month increase of 1.81 percentage points and a year - on - year decrease of 8.49 percentage points; the capacity utilization rate of China's all - steel tire sample enterprises was 64.55%, a month - on - month increase of 0.55 percentage points and a year - on - year increase of 6.07 percentage points [2].
油料日报:豆一受终端消费低迷压制,花生油料交投难有起色-20251217
Hua Tai Qi Huo· 2025-12-17 02:47
油料日报 | 2025-12-17 豆一受终端消费低迷压制,花生油料交投难有起色 大豆观点 市场分析 期货方面,昨日收盘豆一2601合约4090.00元/吨,较前日变化-40.00元/吨,幅度-0.97%。现货方面,食用豆现货基 差A01+110,较前日变化+40,幅度32.14%。 策略 中性 风险 无 花生观点 市场分析 期货方面,昨日收盘花生2601合约7962.00元/吨,较前日变化-90.00元/吨,幅度-1.12%。现货方面,花生现货均价 8105.00元/吨,环比变化-40.00元/吨,幅度-0.49%,现货基差PK01-1162.00,环比变化+90.00,幅度-7.19%。 市场资讯汇总:现货方面:昨日,全国花生市场通货米均价4.07元/斤,下跌0.01元/斤,其中,河南麦茬白沙通货 米好货3.5-3.9元/斤不等、8筛精米4.25-4.4元/斤,豫、鲁、冀大花生通货米3.4-4.5元/斤,辽宁、吉林白沙通货米4.6-4.8 元/斤、8筛精米5.1-5.25元/斤,花育23通货米4.4元/斤左右,以质论价。油厂油料米合同采购报价6800-7600元/吨, 部分工厂报价上调50元/吨,严控指标 ...
原油端大幅下跌,LPG市场相对坚挺
Hua Tai Qi Huo· 2025-12-17 02:42
液化石油气日报 | 2025-12-17 单边:中性,短期观望为主 跨期:无 跨品种:无 期现:无 期权:无 风险 油价波动、宏观政策、关税政策、港口装船延迟、炼厂装置检修超预期等。 原油端大幅下跌,LPG市场相对坚挺 市场分析 1、\t12月16日地区价格:山东市场,4380-4480;东北市场,4080-4300;华北市场,4300-4420;华东市场,4320-4475; 沿江市场,4640-4960;西北市场,4150-4400;华南市场,4390-4550。(数据来源:卓创资讯) 2、\t2026年1月上半月中国华东冷冻货到岸价格丙烷600美元/吨,跌5美元/吨,丁烷590美元/吨,跌5美元/吨,折合 人民币价格丙烷4664元/吨,跌42元/吨,丁烷4586元/吨,跌42元/吨。(数据来源:卓创资讯) 3、\t2026年1月上半月中国华南冷冻货到岸价格丙烷594美元/吨,跌5美元/吨,丁烷584美元/吨,跌5美元/吨,折合 人民币价格丙烷4617元/吨,跌42元/吨,丁烷4539元/吨,跌43元/吨。(数据来源:卓创资讯) 虽然原油价格出现大幅下跌,但LPG外盘表现相对坚挺,到岸成本受到一定支撑。现 ...
《农产品》日报-20251217
Guang Fa Qi Huo· 2025-12-17 01:29
红枣期货日报 投资咨询业务资格:证监许可 【 2011】1292号 Z0023598 王昌 2025年12月17日 红支 现值 前值 涨跌 涨跌幅 单位 8830 红枣2601 8975 -145 -1.62% 红枣2605 (主力合约) 8965 9025 -60 -0.66% 红枣2609 9280 9335 -55 -0.59% 红枣1-5价差 -135 -50 -85 170.00% 红枣5-9价差 -315 -310 -5 1.61% 元/吨 沧州特级现货价格 9670 9760 -90 -0.92% 8600 8600 0 沧州一级现货价格 0.00% 沧州二级现货价格 7200 7200 0 0.00% 沧州特级与主力合约基差 105 135 -30 -22.22% 835 ୧୦ 沧州一级与主力合约基差 775 7.74% -3335 持仓量 172838 176173 -1.89% 手 883 883 0 仓車 0.00% 1134 有效预报 769 365 47.46% 张 仓单+有效预报 2017 1652 365 22.09% 沧州现货基差走势 3000 2000 1000 IF -10 ...