Core Viewpoint - The overall sentiment in the commodity market is warming, with most products closing higher on October 16, driven by policy expectations and market dynamics [1][3]. Group 1: Commodity Performance - Polysilicon continues to rise strongly by 3.48%, leading the commodity market, supported by positive policy expectations [1][3]. - Other commodities such as coking coal, liquefied petroleum gas (LPG), and butadiene rubber also saw gains of over 2% to 3% [1][3]. - The China Commodity Futures Price Index closed at 1479.17 points, up 0.67%, while the China Commodity Futures Index closed at 2041.35 points, up 0.66% [1]. Group 2: Polysilicon Market Dynamics - Despite being in a supply surplus situation, the polysilicon market is buoyed by rumors of upcoming regulatory measures to strengthen photovoltaic capacity control, leading to a bullish sentiment [3]. - The market has experienced a four-day consecutive rise, although recent reports suggest that rumors about a polysilicon storage platform may be unfounded, potentially impacting market sentiment [3]. Group 3: LPG Market Insights - LPG has shown signs of stabilization, with a daily increase of 3.07% on October 16, supported by expectations of rising international CP prices and decreasing domestic inventories [4]. - The inventory of liquefied gas at Chinese ports decreased by 8.95 million tons to 3.1804 million tons, indicating a smooth destocking process [4]. Group 4: Coking Coal and Coke - Coking coal and coke prices rose, with coking coal gaining over 3% and coke over 2%, supported by high iron water production and good spot transaction performance [4]. - However, concerns about steel mill profitability and demand for steel may limit upward momentum in coking coal prices [4]. Group 5: Shipping and Pork Market Trends - The shipping index for Europe fell by 3.64%, leading the market decline, as profit-taking emerged after three days of gains [5]. - The pork market remains under pressure from oversupply, with the new main contract dropping 3.21% and breaking below the 12,000 yuan/ton mark [6]. - Despite some signs of stabilization in pork prices, the overall market sentiment remains weak due to increasing supply and slow capacity reduction [6]. Group 6: Other Commodities - Apple futures saw a decline of nearly 2%, reaching a new low for the month [7].

Core Viewpoint - The domestic futures market shows a positive trend with glass prices rising over 6%, driven by improved market sentiment and supply adjustments [2][4][5]. Group 1: Market Performance - The main futures contracts mostly increased, with glass leading the gains at 6.07%, followed by焦炭 (coke) at 2.97%, and other commodities like PVC and iron ore also seeing over 2% increases [2][3]. - The average price of domestic float glass reached 1263 yuan per ton, with specific regions like 沙河 (Shihe) seeing prices around 1216 yuan per ton [5][6]. Group 2: Supply and Demand Dynamics - The glass production capacity has slightly decreased, with the daily melting volume dropping to 15.85 million tons, a reduction of 350 tons per day compared to the previous week [4]. - The apparent consumption of glass increased by 6.41% to 113.79 million tons, indicating a strong sales atmosphere across multiple regions [4]. - Glass inventory has decreased by 1.13% to 69.46 million heavy boxes, marking the first inventory reduction since the Spring Festival [5][6]. Group 3: Policy Impact - Recent policy announcements aimed at boosting consumer finance are expected to support short-term demand, contributing to the recent price increases in glass and other commodities [6]. - The market sentiment is influenced by expectations of policy support, with traders reacting positively to the potential for increased liquidity and extended loan terms for consumers [6].