1. Report Industry Investment Ratings - No specific industry investment ratings are provided in the report. 2. Core Views - The A - share market is in a repricing adjustment after the quarterly reports, with common short - term rebounds and limited downside risks [2]. - The bond market pricing may tilt towards fundamentals as credit data is expected to weaken in October, and the strong equity market suppresses the bond market [2]. - International gold prices will mainly show a volatile consolidation trend, with silver following gold's fluctuations [2]. - The shipping index (European line) will be volatile in the short term [2]. - The supply of iron elements in the steel market is loose, and there are various trading strategies for different steel - related products [2]. - The prices of some chemical products are affected by supply - demand and cost factors, with limited rebound space or downward pressure [2]. - Agricultural product prices are influenced by factors such as trade negotiations, supply, and production, showing different trends [2]. - Special and new energy products have their own price trends and trading logics [2]. 3. Summary by Related Catalogs Financial Futures - **Stock Index Futures**: After the market冲高兑现预期, there is a slight callback, and the technology sector recovers. A - shares are in repricing adjustment, with short - term rebounds and limited downside risks. It is recommended to wait and see [2]. - **Treasury Bond Futures**: The bond market pricing may tilt towards fundamentals, and the strong equity market suppresses the bond market. It is recommended to go long on a single - side strategy and pay attention to the positive arbitrage strategy due to the rising IRR [2]. - **Precious Metals Futures**: International gold prices will oscillate between 3900 - 4030 dollars, and silver will fluctuate between 47 - 49 dollars [2]. - **Shipping Index Futures (European Line)**: It will be volatile in the short term, and it is recommended to buy on dips for the December contract [2]. Black Metals - **Steel**: The supply of iron elements in the January contract is loose. It is recommended to hold a strategy of going long on coking coal and short on hot - rolled coils, and to go short on the iron ore contract at high prices [2]. - **Iron Ore**: After the shipping volume declines and the arrival volume increases, the port inventory rises, and the iron ore price drops after rising. It is recommended to go short at high prices and consider an arbitrage strategy of going long on coking coal and short on iron ore [2]. - **Coking Coal**: The coal price in the producing area is strong, and the Mongolian coal price is firm. It is recommended to go long on coking coal at low prices and consider an arbitrage strategy of going long on coking coal and short on coke [2]. - **Coke**: The third - round price increase of mainstream coking enterprises has been implemented, and coking coal provides cost support. It is recommended to go long on coke at low prices and consider an arbitrage strategy of going long on coking coal and short on coke [2]. Non - ferrous Metals - **Copper**: The copper price center has回调, and the downstream demand has briefly recovered. Pay attention to the support at 84000 and the pressure at 86500 [2]. - **Aluminum**: The aluminum price has increased in both volume and price, but the short - term fundamentals restrict the upward height. The main operation range is 20800 - 21600 [2]. - **Other Non - ferrous Metals**: Each metal has its own price range and trading suggestions, such as zinc oscillating at a high level between 22300 - 23000, tin maintaining a high - level oscillation, etc. [2]. Chemical Products - **PX, PTA, Short - fiber, Bottle - chip**: The supply - demand expectations are weak, and the cost - end support is limited, with limited rebound space [2]. - **Ethanol**: The supply is abundant, and there is an expectation of inventory accumulation. It is recommended to hold out - of - the - money call options and consider a reverse arbitrage strategy [2]. - **Other Chemicals**: Each chemical product has its own supply - demand situation and trading suggestions, such as PVC being recommended to go short on rebounds [2]. Agricultural Products - **Grains and Oils**: The prices of some grains and oils are affected by factors such as trade negotiations and production. For example, the price of palm oil is weak, and it is recommended to close the long positions of some contracts [2]. - **Livestock and Poultry**: The pig price is oscillating, and it is recommended to hold a 3 - 7 reverse arbitrage strategy [2]. - **Other Agricultural Products**: Each product has its own price trend and trading suggestions, such as sugar being recommended to trade short on rebounds [2]. Special and New Energy Products - **Glass**: There is support at the bottom due to the peak construction season and production line disturbances. It is recommended to pay attention to the spot market for short - term long - trading opportunities [2]. - **Rubber**: The negative factors have been gradually digested, and the rubber price has rebounded. It is recommended to wait and see [2]. - **Industrial Silicon and Polysilicon**: They are mainly oscillating, with specific price ranges [2]. - **Lithium Carbonate**: The trading logic has changed recently, and it is in a weak adjustment [2].