Group 1 - The Iranian Foreign Ministry emphasizes that the lifting of sanctions is a prerequisite for any negotiations with the US and Western countries [1][3] - The spokesperson, Baghaei, asserts that the US claims to desire negotiations but has not taken any actions, indicating a lack of sincerity in negotiations [1] - Baghaei highlights that the long-standing sanctions imposed by the US and the West have harmed Iran, reflecting their hostility towards the country [1] Group 2 - Baghaei states that the lifting of sanctions is a reasonable demand from Iran and not a favor granted by the US and Western countries [3] - He insists that to rebuild trust, the oppressive sanctions must be lifted [3] Group 3 - Regarding Iran's nuclear issue, Baghaei confirms that as a member of the Non-Proliferation Treaty, Iran will fulfill its obligations [5] - He mentions that the International Atomic Energy Agency (IAEA) has recently visited several Iranian nuclear facilities, including the Tehran reactor [5] - Baghaei reiterates that Iran's nuclear program is for peaceful purposes and that the country will continue to cooperate with the IAEA based on its national laws [5] Group 4 - Baghaei accuses the US of attempting to interfere in the domestic affairs of Iraq and Syria, stating that such interventionism will further undermine regional security and exacerbate instability [5]

Core Points - Iran's Supreme Leader Khamenei outlined three preconditions for potential negotiations with the U.S., emphasizing that cooperation will not be considered in the near future [1][3] - Khamenei stated that there are fundamental differences between Iran and the U.S., which are not tactical but rooted in core issues [3] - Iran's Foreign Minister Araqchi indicated that Iran is "not in a hurry" to resume nuclear negotiations with the U.S., stating that talks should be based on mutual interests and conducted on equal terms [3] Group 1 - Khamenei's speech highlighted the necessity for the U.S. to cut support for Israel, withdraw military bases from the region, and stop interfering in the internal affairs of regional countries as prerequisites for cooperation [3] - The timing of Khamenei's remarks coincides with the anniversary of the 1979 U.S. embassy hostage crisis, reflecting a strong stance against the U.S. [3] - Araqchi's comments suggest a strategic approach to negotiations, indicating that Iran seeks a balanced dialogue rather than one dictated by the U.S. [3]

Group 1 - Iran held anti-American rallies across the country on November 4, condemning U.S. hegemony and commemorating "Global Arrogance Day" [1] - Thousands of Iranians gathered in Tehran, waving national flags and chanting anti-U.S. and anti-Israel slogans, blaming both for the turmoil in the Middle East [1] - The date marks the anniversary of the 1979 Iranian Revolution when students stormed the U.S. embassy in Tehran, leading to the hostage crisis [1] Group 2 - Supreme Leader Khamenei outlined three conditions for potential cooperation with the U.S.: cutting support for Israel, withdrawing military bases from the region, and ceasing interference in Iran's internal affairs [3] - The Iranian Foreign Ministry spokesperson, Baghaei, stated that conditions for negotiations with the U.S. are not currently met, emphasizing past attacks during negotiations [4][5] - Baghaei asserted that Iran will not abandon its rights under international law and the Non-Proliferation Treaty in any negotiations [5][6]

Core Viewpoint - Iran held anti-American rallies on November 4 to commemorate "Global Arrogance Day," condemning U.S. hegemony and its support for Israel, which is seen as a major factor in regional turmoil [2][4]. Group 1: Anti-American Sentiment - Thousands of Iranians participated in rallies across the country, waving flags and chanting anti-American and anti-Israel slogans, blaming them for the chaos in the Middle East [2]. - The date marks the anniversary of the 1979 Iranian Revolution when students stormed the U.S. embassy in Tehran, leading to the establishment of "Global Arrogance Day" [2]. Group 2: Conditions for Cooperation - Supreme Leader Khamenei outlined three conditions for any potential cooperation with the U.S.: the complete severance of U.S. support for Israel, withdrawal of U.S. military bases from the region, and cessation of interference in Iran's internal affairs [4]. - The Iranian Foreign Ministry spokesperson emphasized that the conditions for negotiations with the U.S. are not currently met, citing past attacks and the need for mutual recognition of interests [6]. Group 3: Nuclear Rights and International Relations - The spokesperson reiterated Iran's commitment to its rights under international law and the Non-Proliferation Treaty, stating that Iran will not unilaterally abandon these rights in negotiations [6]. - Ongoing inspections by the International Atomic Energy Agency (IAEA) at Iranian nuclear facilities were mentioned, with Iran expressing willingness to cooperate under international regulations [6].

格隆汇11月4日｜伊朗外交部发言人巴加埃就地区局势、美伊关系等问题当地时间3日举行新闻发布会。 巴加埃强调，目前伊朗与美国进行谈判的条件仍未具备。针对美伊关系，巴加埃表示，必须牢记的是， 伊朗在此前的谈判期间遭到攻击，伊朗人民永远不会忘记这一点。美国已经表明，其不遵守合理谈判的 要求，只有当各方能够接受彼此利益时，才能讨论谈判的条件。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com （责任编辑：宋政 HN002） ...

Group 1 - The Iranian Foreign Minister, Zarif, expressed skepticism about the United States' ability to fulfill its commitments regarding the reconstruction and support of Gaza, citing a lack of stability in U.S. actions in recent years [1] - Zarif emphasized the need to observe the actual actions of the U.S. and Israel, stating that any subsequent phases of agreements will serve as a true test of U.S. sincerity [1] - Zarif denied having direct communication with U.S. Middle East envoy, Witte, indicating that information was only exchanged through intermediaries [1] Group 2 - The U.S. has requested direct negotiations with Iran but has rejected Iran's proposal to include the UK, France, Germany, and the International Atomic Energy Agency in the discussions [1] - Zarif stated that Iran will not accept any unreasonable preconditions and that negotiations will only resume on the basis of equality and respect [1]

Core Viewpoint - Iran's Foreign Ministry spokesperson Baghaei denied President Trump's claim that Iran requested negotiations, indicating a lack of communication from Iran regarding talks with the U.S. [1] Group 1: U.S.-Iran Relations - President Trump stated that discussions related to Iran have been arranged, with specific dates and times to be announced on July 8 [1] - Trump expressed a desire to lift sanctions on Iran at an appropriate time and suggested that the conflict between Iran and Israel has concluded [1] - U.S. Middle East envoy Wittekopf mentioned that a meeting concerning the Iran issue is expected to take place around next week [1]

Core Viewpoint - The article highlights Trump's statement regarding the arrangement of talks with Iran, emphasizing a shift away from military action against the country [1] Group 1 - Trump has indicated that discussions with Iran have been organized, suggesting a diplomatic approach [1] - The statement reflects a significant stance against the idea of launching further attacks on Iran, indicating a preference for negotiation over conflict [1]

Report Summary 1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Core View of the Report The report aims to objectively reflect the research views of futures companies and securities companies on various commodity varieties, track hot - spot varieties, analyze market investment sentiment, and summarize investment driving logics. It is based on the publicly - released research reports of institutions in the current week, and the closing price data is from last Friday, with the weekly change calculated as the change in the closing price from the previous Friday [2]. 3. Summary by Relevant Catalogs 3.1行情数据 - **Commodities**: From June 23 to June 27, 2025, commodities such as coke, copper, and iron ore had price increases, with coke rising 2.67%, copper rising 2.47%, and iron ore rising 1.92%. Commodities like corn, gold, and palm oil had price decreases, with corn falling 1.04%, gold falling 1.56%, and palm oil falling 1.87%. Crude oil had a significant drop of 12.02% [3]. - **A - shares**: During the same period, the CSI 500 rose 3.98%, the SSE 50 rose 1.27%, and the CSI 300 rose 1.95% [3]. - **Overseas Stocks**: The Nikkei 225 rose 4.55%, the Nasdaq Index rose 4.25%, and the S&P 500 rose 3.44% [3]. - **Bonds**: The 5 - year Chinese Treasury bond rose 0.64%, the 10 - year Chinese Treasury bond rose 0.30%, and the 2 - year Chinese Treasury bond rose 0.19% [3]. - **Foreign Exchange**: The euro - US dollar exchange rate rose 1.69%, the US dollar index fell 1.52%, and the US dollar central parity rate fell 0.09% [3]. 3.2大宗商品观点汇总 3.2.1宏观金融板块 - **Stock Index Futures**: Among 8 institutions' views, 2 were bullish, 1 was bearish, and 5 were for a sideways market. Bullish factors included rising Fed rate - cut expectations, a low risk - premium rate of the CSI 300, increased issuance of equity - oriented public funds, and sufficient bottom - supporting funds. Bearish factors included short - term difficulty in improving corporate fundamentals, the central bank's change in monetary policy stance, and over - heated market sentiment [4]. - **Treasury Bond Futures**: Among 7 institutions' views, 3 were bullish, 1 was bearish, and 3 were for a sideways market. Bullish factors included net liquidity injection by the central bank, weak credit and inflation data, and strong demand for bond allocation. Bearish factors included the central bank's change in monetary policy stance, the stock - bond seesaw effect, and rising long - term interest rates [4]. 3.2.2能源板块 - **Crude Oil**: Among 9 institutions' views, 3 were bullish, 2 were bearish, and 4 were for a sideways market. Bullish factors included falling US and Cushing crude oil inventories, reduced Russian exports, and geopolitical tensions. Bearish factors included the decline in geopolitical premiums, expected OPEC production increases, and weak terminal demand [5]. - **Eggs**: Among 8 institutions' views, 2 were bullish, 2 were bearish, and 4 were for a sideways market. Bullish factors included postponed peak - season stocking, approaching stocking season, potential egg - price increases, and reduced supply due to heat. Bearish factors included limited decline in laying - hen inventory, high chick - replenishment volume, high new - production capacity, and postponed downstream stocking [5]. 3.2.3有色板块 - **Copper**: Among 7 institutions' views, 5 were bullish, 0 were bearish, and 2 were for a sideways market. Bullish factors included rising Fed rate - cut expectations, improved risk appetite, and falling global visible inventories. Bearish factors included the substitution effect of recycled copper, weakening downstream procurement, and weakening terminal demand [6]. - **Methanol**: Among 7 institutions' views, 0 were bullish, 1 was bearish, and 6 were for a sideways market. Bullish factors included limited port - available goods, expected low port inventories, and increased downstream demand. Bearish factors included expected increases in Iranian imports, port inventory accumulation, potential MTO device maintenance, and a loosening supply - demand pattern [6]. 3.2.4贵金属 - **Gold**: Among 7 institutions' views, 4 were bullish, 1 was bearish, and 2 were for a sideways market. Bullish factors included rising Fed rate - cut expectations, a downward trend in real interest rates, and the strengthening of gold's safe - haven property. Bearish factors included reduced safe - haven demand, capital flowing to risky assets, and technical - level sell - offs [7]. 3.2.5黑色板块 - **Iron Ore**: Among 8 institutions' views, 2 were bullish, 2 were bearish, and 4 were for a sideways market. Bullish factors included increased molten - iron production, expected decline in overseas shipments, and improved macro sentiment. Bearish factors included rising port inventories, increased global shipments, weakening demand for five major steel products, and narrowing basis [7].

Core Points - The article states that President Trump has not provided anything to Iran and has not engaged in any talks with the country [1] Group 1 - The assertion that no discussions have taken place between the U.S. and Iran is emphasized [1]