上海期货交易所指定交割仓库期货1月28日仓单日报显示，白银期货总计508368千克，今日仓单较上一 日下跌35876千克。 沪银主力维持震荡格局，今日白银期货开盘报28601元/千克，最高触及29502元/千克，最低触及27018 元/千克，截止收盘报29219元/千克，上涨2.92%。 | 地区 | 仓库 | 期货 | 增减 | | --- | --- | --- | --- | | 上海 | 中储吴淞 | 66834 | -2713 | | | 外运华东虹桥 | 48260 | -7642 | | | 中工美供应链 | 358478 | -20525 | | | 合计 | 473572 | -30880 | | 广东 | 深圳威豹 | 34796 | -4996 | | 总计 | | 508368 | -35876 | 【基本面消息】 美国总统特朗普表示，他认为美元贬值幅度并不大，称美元"表现良好"，并预计货币价值会有波动。 当记者问他是否担心美元贬值，特朗普称："不，我认为美元表现很好。我希望回归自身应有的水平， 这是合理的做法。" 特朗普还暗示他可以操控美元汇率，他说："我可以让它像悠悠球一样涨跌。" ...

生猪产业日报 2026-01-28 合约收跌0.26%。 研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 11270 | -15 主力合约持仓量:生猪(日,手) | 121223 | -6419 | | | 仓单数量:生猪(日,手) | 426 | 0 期货前20名持仓:净买单量:生猪(日,手) | -48349 | -1081 | | 现货 ...

格隆汇1月28日｜中金所：2026年记账式附息（三期）国债已招标发行。根据《中国金融期货交易所国 债期货合约交割细则》及相关规定，该国债符合TF2603、TF2606和TF2609合约的可交割国债条件，转 换因子分别为0.9352、0.9383和0.9414。该国债从上市交易日后的下一交易日开始，纳入TF2603、 TF2606和TF2609的可交割国债范围，可用于交割意向申报。 ...

股指期货全景日报 2026/1/28 | 项目类别 | 数据指标 IF主力合约（2603） | 最新 4732.8 | 环比 数据指标 +3.2↑ IF次主力合约（2602） | 最新 4727.8 | 环比 +3.6↑ | | --- | --- | --- | --- | --- | --- | | | IH主力合约（2603） | 3069.8 | -0.4↓ IH次主力合约（2602） | 3065.6 | -0.8↓ | | | IC主力合约（2603） | 8622.0 | +58.0↑ IC次主力合约（2602） | 8623.2 | +56.2↑ | | | IM主力合约（2603） | 8377.8 | +13.0↑ IM次主力合约（2602） | 8407.4 | +18.4↑ | | | IF-IH当月合约价差 | 1662.2 | +7.6↑ IC-IF当月合约价差 | 3895.4 | +56.0↑ | | 期货盘面 | IM-IC当月合约价差 | -215.8 | -47.2↓ IC-IH当月合约价差 | 5557.6 | +63.6↑ | | | IM-IF当月合约价差 | 36 ...

每经AI快讯，1月28日，中国金融期货交易所发布通知，2026年记账式附息(三期)国债已招标发行。根 据《中国金融期货交易所国债期货合约交割细则》及相关规定，该国债符合TF2603、TF2606和TF2609 合约的可交割国债条件，转换因子分别为0.9352、0.9383和0.9414。该国债从上市交易日后的下一交易 日开始，纳入TF2603、TF2606和TF2609的可交割国债范围，可用于交割意向申报。 ...

Economic Overview - In 2025, China's GDP is projected to grow by 5% year-on-year, reaching 140.19 trillion yuan, with a fourth-quarter growth of 4.5% [1][19] - The industrial added value for large-scale industries is expected to increase by 5.9%, maintaining China's position as the world's largest manufacturing sector [1][19] - The service sector's added value is anticipated to grow by 5.4%, raising its share of GDP to 57.7% [1][19] - Retail sales of consumer goods are projected to grow by 3.7%, with final consumption contributing 52% to economic growth [1][19] - Fixed asset investment is expected to decline by 3.8%, with real estate development investment decreasing by 17.2% [1][19] - By the end of 2025, the national population is estimated to be 1.40489 billion, with a net decrease of 3.39 million people [1][19] Monetary Policy - The one-year Loan Prime Rate (LPR) is set at 3.00%, and the five-year LPR is at 3.50%, both unchanged from the previous month [1][19] - This marks the eighth consecutive month of stability in LPR rates following a reduction of 10 basis points in May 2025 [1][19] Market Performance Futures Market - ICE Brent crude oil rose by 2.94% to $65.44, while COMEX gold increased by 8.44% to $4,983.1 [21][22] - The U.S. dollar index fell by 186.38 basis points, leading to a significant appreciation of the Chinese yuan by 187 basis points [22] Stock Market - The Shanghai Composite Index decreased by 1.54%, while the ChiNext Index fell by 0.34% [23][24] - The CSI 500 Index saw an increase of 4.34%, indicating a strong sentiment in the domestic market [24] Bond Market - Short-term credit bonds saw an increase, while long-term bonds experienced a decline, with the 10-year national development bond dropping by 4 basis points [29] - The overall bond rates are expected to fluctuate downwards due to significant net injections from MLF operations amid weakening economic data [29] International Relations - The Greenland crisis has seen a turnaround, with U.S. President Trump announcing a framework agreement with NATO Secretary General Jens Stoltenberg, which could benefit the U.S. and NATO members [2][20] - The announcement led to a rise in U.S. stock indices, with all three major indices increasing by over 1% [20] Investment Outlook - The recent economic data indicates a potential rebound in China's economy, supported by relaxed real estate policies and increased birth subsidies [32] - The ongoing geopolitical tensions, particularly regarding Greenland, may impact asset prices and macroeconomic conditions [32]

【技术分析】 北京时间1月28日14:18，金投网行情中心数据显示：内盘白银期货大幅上涨，截至发稿沪银主力最新报 29306.00元/千克，日内涨幅达3.23%，今日开盘价28601.00元/千克，最高价24699.00元/千克，最低价 23101.00元/千克，成交量1037955手，上一交易日沪银主力收盘于28300.00元/千克。 打开APP，查看更多高清行情>> 外盘白银期货大幅上涨，COMEX白银价格最新报115.09美元/盎司，日内涨幅达2.44%，上一交易日收 盘于112.35美元/盎司，今日开盘价112.44美元/盎司，最高价116.17美元/盎司，最低价110.77美元/盎司， 成交量37489手。 沪银主力日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 comex白银日线MACD指标释放看空信号，KDJ指标释放看空信号，RSI释放看涨信号。 ...

银、原油、燃料油期货将震荡偏强 陶金峰 期货投资咨询从业资格号：Z0000372 邮箱：taojinfeng@gtht.com 【正文】 【声明】 本报告的观点和信息仅供风险承受能力合适的投资者参考。本报告难以设置访问权限，若给您造成不 便，敬请谅解。若您并非风险承受能力合适的投资者，请勿阅读、订阅或接收任何相关信息。本报告不构 成具体业务或产品的推介，亦不应被视为相应金融衍生品的投资建议。请您根据自身的风险承受能力自行 作出投资决定并自主承担投资风险，不应凭借本内容进行具体操作。 【期货行情前瞻要点】 通过宏观基本面分析和黄金分割线、水平线、日均线等技术面分析，预期 2026年 1月期货主力（连续）合约行 情走势大概率如下： 2026 年 1 月 28 日 股指期货将偏强震荡 黄金期货将再创历史新高 黄金、白 请务必阅读正文之后的免责条款部分 1 期 货 研 究 所 期货研究 、 期 货 行 情 前 瞻 研 究 通过宏观基本面分析和黄金分割线、水平线、日均线等技术面分析，预期今日期货主力合约行情走势大概率如 下： 期货品 种 主力合 约 趋势 阻力位 支撑位 重点备注 股指 IF2603 偏强震荡 4756 ...

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints - The proportion of long and short positions in commodities changed little this week. The factor strength of precious metals remained high, the energy sector declined slightly, and the agricultural products sector remained in a neutral and weak pattern. The precious metals sector was strong in the cross - section, while the black and agricultural products sectors were weak [3] - For methanol, the supply factor strengthened by 1.05% last week, the inventory factor increased by 1.12%, and the synthetic factor increased by 0.83%. This week, the comprehensive signal is long [5] - For iron ore, the supply factor increased by 0.05% last week, the inventory factor weakened by 0.06%, and the comprehensive factor decreased by 0.01%. This week, the comprehensive signal changed from neutral to short [14][15] - For aluminum, the supply factor increased by 0.74% last week, the demand factor strengthened by 0.88%, the inventory factor decreased by 0.19%, and the synthetic factor strengthened by 0.32%. This week, the comprehensive signal remained short [15] - For CTA, the supply factor weakened by 0.40% last week, the inventory factor strengthened by 0.56%, the profit factor decreased by 0.61%, and the synthetic factor decreased by 0.31%. This week, the comprehensive signal is neutral [17] 3. Summary by Related Catalogs Commodity Market Overview - The factor strength of precious metals remained high, the energy sector declined slightly, and the agricultural products sector remained in a neutral and weak pattern. The precious metals sector was strong in the cross - section, while the black and agricultural products sectors were weak. Gold's time - series momentum increased slightly, and the trading volume of silver continued to increase marginally. The short - cycle momentum of the non - ferrous sector increased, and the differentiation of the term structure narrowed. The time - series momentum of the black sector declined marginally, with rebar being strong and coke being short in the cross - section. The short - cycle momentum of the energy - chemical sector showed less cross - sectional differentiation, and the overall time - series momentum decreased. For agricultural products, the short - cycle momentum of most varieties did not reverse significantly, and the trading volume of palm oil increased [3] Methanol - Last week, the supply factor of methanol strengthened by 1.05%, the inventory factor increased by 1.12%, and the synthetic factor increased by 0.83%. This week, the comprehensive signal is long. In terms of fundamental factors, the arrival volume of imported methanol increased, the strength of the long position on the supply side weakened and became neutral; the operating rates of the glacial acetic acid and MTBE industries increased, indicating a long position on the demand side; the inventory of domestic production enterprises decreased, indicating a long position on the inventory side; the spot prices in the domestic and coastal methanol markets both sent short signals, indicating a short position on the spread side [5] Iron Ore - Last week, the supply factor of iron ore increased by 0.05%, the inventory factor weakened by 0.06%, and the comprehensive factor decreased by 0.01%. This week, the comprehensive signal changed from neutral to short. The shipping volume from BHP increased significantly, and the short signal on the supply side was slightly enhanced, remaining neutral. The daily average port clearance volume decreased, and the daily average hot metal output of 247 steel enterprises was basically flat. The demand - side signal changed from neutral to short. The inventory of domestic sintering ore powder in steel mills and the inventory of imported trade ore in ports both increased, and the inventory side turned to a short feedback, remaining neutral. The spot price center moved down, and the long feedback on the spread side further weakened, remaining neutral [14][15] Aluminum - Last week, the supply factor of aluminum increased by 0.74%, the demand factor strengthened by 0.88%, the inventory factor decreased by 0.19%, and the synthetic factor strengthened by 0.32%. This week, the comprehensive signal remained short. The loss of SMM recycled lead narrowed slightly, and the strength of the short signal on the supply side further increased. The inventory of registered and non - registered warehouse receipts in the SHFE decreased, and the long feedback on the inventory side increased, remaining neutral. The SMM lead ingot price decreased, the price center of recycled lead moved down, and the short feedback on the spread side increased, turning to short [15] CTA - Last week, the supply factor of CTA weakened by 0.40%, the inventory factor strengthened by 0.56%, the profit factor decreased by 0.61%, and the synthetic factor decreased by 0.31%. This week, the comprehensive signal is neutral. In terms of fundamental factors, the capacity utilization rate of float glass enterprises was flat month - on - month, indicating a neutral supply side; the number of commercial housing transactions in second - tier cities decreased, indicating a slightly short demand side; the inventory of Chinese float glass enterprises decreased slightly, but the contribution of this factor was high, and the long position on the inventory side continued; the after - tax gross profit of float glass produced by various processes continued to be in a loss, indicating a short position on the profit side [17]

Group 1: Report Information - Report title: Stock Index Option Data Daily Report [2] - Report date: January 28, 2026 [3] - Data sources: Wind, Guomao Futures Research Institute [3] Group 2: Market Review - On January 27, the A - share market fluctuated and rose with scattered hotspots. Gold stocks rose again with many hitting new highs. Commercial space and space photovoltaic themes strengthened locally. The Shanghai Composite Index closed up 0.18% at 4139.9 points, the Shenzhen Component Index rose 0.09%, the ChiNext Index rose 0.71%, the Beixin 50 fell 0.05%, the Kechuang 50 rose 1.51%, the Wind All - A rose 0.14%, the Wind A500 fell 0.03%, and the CSI A500 rose 0.08%. A - share trading volume was 2.92 trillion yuan, compared with 3.28 trillion yuan the previous day [4] Group 3: Index Performance | Index | Closing Price | Change (%) | Trading Volume (billion) | Turnover (billion yuan) | | --- | --- | --- | --- | --- | | SSE 50 | 3052.3932 | 0.09 | 2023.27 | 75.14 | | CSI 300 | 4705.6918 | - 0.03 | 7152.68 | 301.48 | | CSI 1000 | 8382.1533 | 0.20 | 365.66 | 6302.08 | [3] Group 4: CFFEX Stock Index Option Trading | Index | Call Option Volume (10,000 contracts) | Put Option Volume (10,000 contracts) | Option Volume (10,000 contracts) | Call Option Open Interest (10,000 contracts) | Put Option Open Interest (10,000 contracts) | Option Open Interest (10,000 contracts) | Volume PCR | Open Interest PCR | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | SSE 50 | 3.78 | 1.50 | 5.28 | 3.01 | 0.40 | 3.41 | 0.40 | 0.13 | | CSI 300 | 8.37 | 3.51 | 11.88 | 7.71 | 11.81 | 19.52 | 0.42 | 1.53 | | CSI 1000 | 33.75 | 31.11 | 64.86 | 18.80 | 15.59 | 34.39 | 0.92 | 0.83 | [3] Group 5: Volatility Analysis - The report presents historical volatility cones and volatility smile curves for SSE 50, CSI 300, and CSI 1000, including maximum, minimum, 10%, 30%, 60%, 90% quantile values, and current values of historical volatility, as well as next - month at - the - money implied volatility [3]