gtaxinstitute@essence.com.cn 综合晨报 2025年06月06日 隔夜金价震荡,白银伴随铜价破位上行。中美两国元首通话同意继续落实好日内瓦共识,尽快举行 新一轮会谈。美国公布周度初请失业金人数超预期升至24.7万创八个月新高，本周美国经济数据普 遍偏弱后聚焦今晚非农指引。金价背靠3000美元强支撑维持回调买入思路，白银破位后打开上方空 间。 【铜】 隔夜铜价大幅波动，持续去库下伦铜短线突破9800美元，到目前美盘铜价已基本回撤隔夜涨幅。中 美领导人对话缓和贸易谈判气氛，美国4月进口额大幅下降；最新一期当周初请失业金人数显示失业 及人力成本压力升温。LME0-3月现货升水走扩至90美元,关注国内现货供求,沪铜夜盘跟涨、填补 清明缺口，昨日上海铜升水90元，广东贴水15元。前期空头择机换月，7.95万以上考虑止损。 【铝】 隔夜沪铝延续震荡。昨日铝锭社库减少1.5万吨，铝棒增加0.2万吨，去库速度有所放缓。需求面临 季节性转淡和贸易摩擦的考验,中美制造业PMI均处于荣枯线之下,抢出口消费前置后关注强现实是 否向弱预期转换。沪铝在前期缺口20300元关键位置存在阻力，逢高偏空参与。 (氧化 ...

油脂：美豆长势良好 油脂偏弱震荡 冯子悦 fengzy@jsfco.com 期货从业资格号：F03111391 投资咨询从业证书号：Z0018581 表 1：油脂期货日度数据监测 | | | SH | 网 | 目 | 数 据 追 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 指标 | 載至 | 单位 | 令日 | 昨日 | 涨跌 | 涨跌幅 | | 期货 | DCE豆油主力 | 6월2 | 元/吨 | 7676.00 | 7688.00 | -12.00 | -0.16% | | | DCE棕榈油主力 | ୧月2日 | 元/吨 | 8126.00 | 8130.00 | -4.00 | -0.05% | | | CZCE菜籽油主力 | ୧月2日 | 元/吨 | 9152.00 | 9101.00 | 51.00 | 0.56% | | | CBOT大豆主力 | 6月4日 | 美分/蒲式耳 | 1044.75 | 1041.00 | 3.75 | 0.36% | | | CBOT豆油主力 | 6月4日 | 美分/磅 | 46.72 | 4 ...

投资咨询业务资格:证监许可【2012】31号 ITG国贸期货 l数据日报 国贸期货研究院 投资咨询号:Z0021658 2025/6/5 农产品研究中心 黄向岚 从业资格号:F03110419 豆粕主力合约基差(张家港) 涨跌 指标 6月4日 ---- 19/20 ------ 20/21 ------ 21/22 ------ 22/23 -- - 23/24 - 24/25 大连 2500 -19 -4 2000 天津 -79 -24 1500 1000 日照 -119 -24 500 43%豆粕现货基差 张家港 -39 -4 -500 (对主力合约) 01/23 02/23 03/25 04/25 06/26 N9-NI 东莞 -119 -24 ---- 2019/20 ----- 2020/21 ---- 2021/22 -- 2022/23 1000 湛江 -79 -14 800 600 防城 -79 -14 400 200 菜粗现货基差 广东 -133 -76 M9-1 M9-RM9 -45 0 18/19 ===== 19/20 ====== 20/21 ===== 21/22 ===== 22 ...

Core Insights - The "Digital Commerce Promotes Agriculture" initiative is being implemented in Wuzhou, Guangxi, highlighting the city's industrial heritage and its role as a hub for various well-known brands [1][3] - Wuzhou's artificial gemstone industry is a significant contributor to the global market, with an annual production accounting for 80% of China's and 70% of the world's output [1] Group 1: E-commerce Development - Wuzhou has seen a deep integration of traditional industries with e-commerce, utilizing platforms like Douyin and Taobao to showcase local products such as Liu Bao tea and artificial gemstones [3] - The city has achieved over 100 million yuan in online sales of agricultural products this year, indicating a strong growth in e-commerce [4] Group 2: Cross-border E-commerce Initiatives - Wuzhou has been approved as a comprehensive pilot zone for cross-border e-commerce, establishing key facilities like bonded warehouses and a live-streaming base to enhance its e-commerce ecosystem [4] - The city has recognized 13 enterprises as "vegetable basket" production bases in the Guangdong-Hong Kong-Macao Greater Bay Area, enhancing its agricultural supply chain [4] Group 3: Agricultural Processing and Value Addition - In 2024, Wuzhou's agricultural processing output value is expected to exceed 20.9 billion yuan, with a processing conversion rate of 73.28%, showcasing the effectiveness of its agricultural development strategy [4] - The establishment of seven agricultural processing clusters has significantly contributed to the development of the agricultural industry chain in Wuzhou [4]

Group 1 - Domestic commodities experienced a strong rebound on June 4, with coking coal rising over 7% and coke over 5%, leading to a broad market recovery [1][2] - The rebound was primarily driven by coking coal, which had seen significant price drops recently, prompting profit-taking among short sellers [2][3] - The China Securities Commodity Futures Price Index closed at 1350.34 points, up 0.51% from the previous trading day, while the Commodity Futures Index rose to 1869.74 points, also reflecting a 0.51% increase [1][6] Group 2 - Supply-side factors include temporary production halts in Shanxi coal mines and safety incidents, leading to expectations of tighter coking coal supply, although overall production remains high [3] - There are rumors regarding potential tax increases on Mongolian coal resources, but no official announcements have been made, keeping supply conditions relatively loose [3] - On the demand side, iron and steel production is expected to decline, with coking enterprises facing reduced profits and accumulating inventory, indicating a cautious outlook for future demand [3] Group 3 - The shipping industry is experiencing upward pressure on freight rates due to strong demand on the US routes, with European shipping contracts also seeing increases [4] - Despite the positive sentiment, the current supply-demand structure does not support significant price jumps, suggesting a more gradual adjustment in freight rates [4] Group 4 - The oilseed market is showing weakness, with canola oil prices dropping over 2% due to improved supply expectations following trade negotiations between Canada and China [5][7] - The increase in domestic canola planting areas and expected imports are contributing to a more favorable supply outlook, which may keep prices under pressure in the short term [5][7] - Other commodities, such as caustic soda and paper pulp, are also facing downward pressure due to oversupply and seasonal demand factors [7]

智通财经6月4日电，日本农相小泉进次郎透露，正在考虑向日本酒和味增厂商投放政府储备米，以应对 米价高涨和大米短缺。 日本农相：考虑投放政府储备米用于日本酒和味增生产 ...

科技日报记者 张蕴 通讯员 付艳云 "这套供氧设备可以保证基地的供氧量始终控制在固定范围内，为冷水鱼提供最适宜的生长环境， 鱼卵一周就能孵化成鱼苗。"该合作社负责人朱仁强介绍。当前，合作社实现了全程电气化生产，24万 尾冷水鱼可在智能化环境中健康成长。成立至今，合作社累计带动周边村庄200余人就业。 一边是自动化车间里翠绿的贡菜沿着传送带奔向四方餐桌，一边是养殖基地中银光粼粼的冷水鱼在 恒氧环境里自在游弋……在青海贵德这座高原小城，乡村特色产业新芽正破土而出，激发出乡村振兴的 新动能。 在青海省海南藏族自治州贵德县河东乡王屯村三社，皖贡农牧科技有限公司（以下简称"皖贡农牧 公司"）车间里，自动化生产线高速运转。电动传送带将贡菜精准送入切割设备，随后，智能温控杀 青、快速冷却脱水和标准化封装等工序在稳定电力保障下有条不紊地进行。 原来，早在2016年，国网贵德县供电公司对该村10个社的供电线路进行了改造升级，并将三社变压 器容量增加到200千伏安。电力的可靠保障为加工厂节省了一笔支出，在申请提交的第二天，加工厂就 通了电。 现在，皖贡农牧公司年销售额达到480万元，产品远销甘肃、宁夏、新疆等地。在自身发展壮大的 ...

2025 年 6 月 4 日 商 品 研 究 棕榈油：印度降税及原油带动，短期情绪偏好 【宏观及行业新闻】 南部半岛棕榈油压榨商协会（SPPOMA）数据显示，2025年5月1-31日马来西亚棕榈油单产增加1.9%， 出油率增加 0.3%，产量增加 3.53%。 请务必阅读正文之后的免责条款部分 1 油脂基本面数据 | | 棕榈油主力 | 单 位 元/吨 | 收盘价 (日盘） 8,196 | 涨跌幅 1.69% | 收盘价 （夜盘） 8,198 | 涨跌幅 0.02% | | --- | --- | --- | --- | --- | --- | --- | | | 豆油主力 | 元/吨 | 7,692 | 0.71% | 7,716 | 0.31% | | | 菜油主力 | 元/吨 | 9,272 | -0.81% | 9,262 | -0.11% | | 期 货 | 马棕主力 | 林吉特/吨 | 3,934 | 1.44% | 3,948 | 0.36% | | | CBOT豆油主力 | 美分/磅 | 46.81 | 1.15% | | | | | | 单 位 | 昨日成交 | 成交变动 | 昨日持仓 | ...

Core Insights - The article highlights the innovative utilization of rice by-products, showcasing how a single grain of rice can transform into various high-value products, thus maximizing its value and contributing to resource recycling and carbon emission reduction [1][2]. Group 1: Rice Processing and By-products - The processing of rice leads to the production of high-quality rice oil, rice bran for cosmetics and pharmaceuticals, and the use of rice husks for battery materials and tire production [1][2]. - The rice bran oil, rich in natural components like vitamin E, is recognized as a healthy cooking oil recommended by the World Health Organization [1]. - The annual production of 200 million tons of rice in China can yield 16 million tons of rice bran, which could significantly enhance the self-sufficiency of edible oil in the country [1]. Group 2: Waste Utilization and Environmental Impact - The by-products of rice processing, previously considered waste, are now forming a billion-dollar industry, with applications in cosmetics, pharmaceuticals, and eco-friendly products [2]. - The company has developed a biomass gasification system that utilizes rice husks to provide 100% clean energy for its operations, significantly reducing pollution and enhancing resource utilization [2]. - The combustion of rice husks leads to the production of high-value white carbon black, which has superior reinforcement properties compared to traditional materials, making it ideal for green tire production [3]. Group 3: Industry Collaboration and Market Potential - The company has established partnerships with tire manufacturing giants to promote the use of rice-derived materials globally, indicating a strong market potential for these innovative products [3].

Group 1 - The core viewpoint is that Ukraine plans to adjust its agricultural export policy in response to the end of free access to the EU market [1] - Ukraine aims to expand domestic food processing to reduce raw material exports [1]