南华商品指数：贵金属板块领涨，能化板块下跌 王怡琳 2025-10-09 16:48:27 摘要：依照相邻交易日的收盘价计算，今日南华综合指数上涨1.31%。板块指数中，只有南华能化指数，下 跌-0.8%，其余板块均是上涨，涨幅最大的板块是南华贵金属指数，涨幅为3.66%，涨幅最小的板块是南华农产品指 数，涨幅为0.2%。 主题指数中，涨幅最大的主题指数是油脂油料指数，上涨1.89%，涨幅最小的主题指数是建材指 数，涨幅为0.34%，跌幅最大的主题指数是煤制化工指数，跌幅为-1.52%，跌幅最小的主题指数是石油化工指数， 跌幅为-0.69%。 商品期货单品种指数中，涨幅最大的单品种指数是黄金，上涨4.57%， > 南华期货 igger mind, Bigger fortun 智慧创造财富 南华商品指数日推 南华商品指数日报 2025年10月9日 南华商品指数市场数据 今晚餐 占款 指数名称 Today Clo 2 = ter and the may be see as and the seems of the seems and the sent of the seems and the sent of th ...

Core Viewpoint - In December 2024, Galaxy Securities issued a yield certificate product linked to the 10-year China government bond futures yield index to meet the increasing diversification needs of clients in financial products and services [1] Group 1: Product Development - The issuance of the yield certificate enriches the product line of Galaxy Securities' FICC business, with approximately 30 yield certificates issued to date, covering various professional investors across multiple industries, including state-owned enterprises, private enterprises, and individual investors [1] - The "small giant" high-tech enterprises recognized as national-level specialized and innovative firms have shown active subscription interest [1] Group 2: Market Impact - The China Government Bond Futures Yield Index series launched by the China Securities Index Company fills a gap in the domestic government bond futures index market, providing a productizable index that is investable and easily replicable, which is beneficial for developing off-exchange products linked to the index [1] - The index reflects the supply-demand relationship and price changes in the government bond futures market, complementing existing government bond spot indices and offering investors a more comprehensive market tracking benchmark [1] Group 3: Future Plans - In addition to the 10-year yield certificate, Galaxy Securities plans to introduce yield certificates linked to the 5-year and 2-year government bond futures yield indices, as well as yield swaps and off-exchange options [2] - The development of index productization is supported by policies and market demand, with the "14th Five-Year Plan" and the State Council's opinions on promoting high-quality development of the futures and derivatives market clearly supporting innovation in index tools [2] - Future integration of government bond futures indices and commodity indices is anticipated, exploring "government bond + commodity" inflation hedging combinations, which may play a more significant role in serving national strategies and wealth management for residents [2]

1. Report Industry Investment Rating - No relevant information provided. 2. Core View of the Report - The report shows that the Nanhua Commodity Index had a widespread increase during the period from April 18 to April 25, 2025, with the non - ferrous metals leading the rise [7][8]. 3. Summary by Directory 3.1 Nanhua Commodity Index Series Weekly Review - **Market Data**: In the week from April 18 - 25, 2025, most of the Nanhua commodity indices rose. The comprehensive index (NHCI) closed at 2452.83, up 31.41 points or 1.30% from last week. The non - ferrous metal index (NHNFI) increased by 1.45%, showing strong performance. Other indices like the metal index (NHMI), industrial products index (NHII), etc., also had varying degrees of increase [7]. - **Index Ratio Comparison**: Ratios such as the non - ferrous metal index/industrial products index increased by 0.002, while the precious metal index/comprehensive index decreased by 0.005. Some ratios are close to historical tops or bottoms as indicated by the ranking index [8]. - **Futures Contract Position Ranking**: The average position of some futures contracts changed. For example, the average position of soybean meal decreased by 3.25% week - on - week, while that of iron ore increased by 4.42% [17]. 3.2 Weekly Data of Nanhua's Sub - sector Indices - **Industrial Products Index**: It closed at 3539.28, up 38.06 points or 1.09% from last week. There were also data on related supplementary indicators [18]. - **Metal Index**: It closed at 6148.72, up 68.33 points or 1.12% from last week, with corresponding supplementary data [20]. - **Energy and Chemical Index**: It closed at 1656.60, up 13.05 points or 0.79% from last week, along with related supplementary information [24]. - **Agricultural Products Index**: It closed at 1087.74, up 15.42 points or 1.44% from last week, and had supplementary data [27]. - **Black Index**: It closed at 2434.57, up 0.79% from last week. The three varieties with the largest contributions were iron ore, rebar, and coke [29]. - **Non - ferrous Index**: It closed at 1645.52, up 1.45% from last week. The three varieties with the largest contributions were 미, aluminum, and zinc [31].