分商品看，在中国物流与采购联合会重点监测的50种大宗商品中，本月价格与上月相比，25种(50%)大 宗商品价格上涨，25种(50%)大宗商品价格下跌。本月涨幅前三的大宗商品为焦炭、氧化镨钕和碳酸 锂，环比分别上涨20.1%、19.1%和16.6%；跌幅前三的为苹果、甲醇和尿素，环比分别下跌4.6%、3.6% 和2.8%。 中新社北京9月5日电 (记者阮煜琳)中国物流与采购联合会5日发布数据显示，8月份，中国大宗商品价格 指数为111.7点，环比上涨0.3%，同比上涨1.2%。 从指数运行情况来看，中国大宗商品价格指数连续四个月环比回升，表明在国家扩内需、反内卷等系列 政策效应持续释放下，企业生产经营保持扩张，新旧动能加快转换。 分行业看，黑色系价格指数延续反弹，能源价格指数止跌回升，有色价格指数继续上扬，农产品价格指 数小幅走低，化工价格指数延续跌势，矿产价格指数继续走低。 分析认为，随着9月份、10月份传统生产旺季来临，中国大宗商品市场稳中有进发展态势有望延续。当 前全球经济不确定性依然较多、部分行业大宗商品价格仍处低位，企业生产经营仍面临较大压力，巩固 经济回升向好基础，仍需加大宏观调控力度，采取有力措施 ...

Group 1: Report Summary - The report is a weekly methanol data report released by New Era Futures Research on September 5, 2025 [1][2] Group 2: Industry Investment Rating - No industry investment rating is provided in the report Group 3: Core Viewpoints - In the short - term, the supply - demand situation of methanol remains loose, with prices fluctuating within a range and being mostly affected by market sentiment. Attention should be paid to the resumption progress of olefin plants [21] - In the long - term, the supply - side pressure of methanol persists, and the fundamentals are weak. Attention should be paid to the actual demand during the "Golden September and Silver October" peak season and the impact of gas restrictions in Iran on methanol imports [21] Group 4: Price Trends - The futures price of MA2601 increased from 2361 yuan/ton to 2415 yuan/ton, with a rise of 2.29%. The basis decreased from - 136 yuan/ton to - 140 yuan/ton, a decline of 2.94%. The price of methanol in Taicang dropped from 2298.4 yuan/ton to 2255.2 yuan/ton, a decrease of 1.88%. The methanol CFR price decreased from 260 dollars/ton to 258.33 dollars/ton, a decline of 0.64% [4] - Among downstream products, the price of formaldehyde in Shandong remained unchanged, the price of glacial acetic acid in Jiangsu increased from 2229 yuan/ton to 2278.75 yuan/ton, a rise of 2.23%, the price of dimethyl ether in Henan remained unchanged, and the price of MTBE in Shandong increased from 4980 yuan/ton to 5061.25 yuan/ton, a rise of 1.63% [4] Group 5: Cost and Profit - This week, coal - based methanol profit slightly decreased due to the continuous decline and subsequent rebound of coal prices and increased freight. The profits of natural - gas - based and coke - oven - gas - based methanol recovered due to cost reduction [9] - As the methanol price decreased, the downstream profits significantly recovered, especially acetic acid, with a month - on - month increase of 23.69% [10] Group 6: Supply Side - As of September 4, the weekly plant capacity utilization rate was 86.63%, a month - on - month increase of 1.77 percentage points. Methanol production was 1.9628 million tons, an increase of 43,700 tons from last week, a month - on - month increase of 2.3% [13] - This week, the total restored capacity of returning plants was about 3.4 million tons, and the total lost capacity of maintenance plants was about 700,000 tons. Next week, some plants are planned for maintenance and some for resumption, with the resumption volume slightly larger than the maintenance volume [13] Group 7: Demand Side - With the gradual recovery of MTO profit, the MTO operating rate remained stable but decreased slightly due to the maintenance of Ningxia Baofeng's olefin plant on Thursday. Traditional downstream demand was mainly for rigid needs and decreased slightly due to some plant maintenance [16] - Although the "Golden September and Silver October" peak season has arrived, the actual demand fulfillment is slightly poor, and attention should be paid to whether future demand can meet expectations [16] Group 8: Inventory - As of September 3, the total port inventory of Chinese methanol was 1.4277 million tons, an increase of 128,400 tons from the previous period, a month - on - month increase of 9.88%. The inventory accumulation rate at ports narrowed compared to last week but still exceeded 1.4 million tons. The inland inventory was 341,100 tons, an increase of 7700 tons from the previous period, a month - on - month increase of 2.31%, remaining at a low - inventory level [19] Group 9: Strategy Recommendation - In the short - term, the supply - demand situation of methanol remains loose, with prices fluctuating within a range and being mostly affected by market sentiment. Attention should be paid to the resumption progress of olefin plants [21] - In the long - term, the supply - side pressure of methanol persists, and the fundamentals are weak. Attention should be paid to the actual demand during the "Golden September and Silver October" peak season and the impact of gas restrictions in Iran on methanol imports [21] - Next week's key points of concern include the recovery of coastal olefin plants, methanol inventory accumulation pressure, coal price impact, and macro - market sentiment [21]

Core Insights - The China Commodity Price Index (CBPI) for August 2025 is reported at 111.7 points, reflecting a month-on-month increase of 0.3% and a year-on-year increase of 1.2% [1] - The index has shown a continuous month-on-month recovery for four consecutive months, indicating that policies aimed at expanding domestic demand and reducing competition are positively impacting production and business operations [1] Industry Analysis - The black goods price index has continued to rebound, reporting 79.7 points with a month-on-month increase of 2.2% and a year-on-year increase of 0.3% [1] - The energy price index has stopped its decline, reporting 98.7 points with a month-on-month increase of 2% but a year-on-year decrease of 8.4% [1] - The non-ferrous price index continues to rise, reporting 130.4 points with a month-on-month increase of 0.2% and a year-on-year increase of 6.4% [1] - The agricultural products price index has slightly decreased, reporting 97.1 points with a month-on-month decrease of 0.8% and a year-on-year increase of 1.4% [1] - The chemical price index continues to decline, reporting 101.9 points with a month-on-month decrease of 1% and a year-on-year decrease of 11% [1] - The mineral price index continues to fall, reporting 70.5 points with a month-on-month decrease of 1.6% and a year-on-year decrease of 12.6% [1] Commodity Price Movements - Among the 50 monitored commodities, 25 (50%) saw price increases while 25 (50%) experienced price declines in August compared to July [2] - The top three commodities with the highest price increases were coke, neodymium oxide, and lithium carbonate, with month-on-month increases of 20.1%, 19.1%, and 16.6% respectively [2] - The top three commodities with the largest price declines were apples, methanol, and urea, with month-on-month decreases of 4.6%, 3.6%, and 2.8% respectively [2] Market Outlook - The industry anticipates a stable development trend in the commodity market as the traditional production peak season approaches in September and October [2] - However, global economic uncertainties remain, and some commodity prices are still at low levels, indicating that businesses face significant operational pressures [2] - To solidify the foundation for economic recovery, there is a need for enhanced macroeconomic regulation and effective measures to unleash domestic demand potential [2]

证券日报网讯博汇股份（300839）9月5日在互动平台回答投资者提问时表示，截至2025年8月29日，公 司股东人数9930户。 ...

Core Insights - The China Commodity Price Index (CBPI) for August 2025 is reported at 111.7 points, reflecting a month-on-month increase of 0.3% and a year-on-year increase of 1.2% [1][3] - The index has shown a continuous month-on-month recovery for four consecutive months, indicating an expansion in enterprise production and operations due to government policies aimed at boosting domestic demand [1][3] - The upcoming traditional production peak seasons in September and October are expected to sustain the positive development trend in the commodity market, despite ongoing global economic uncertainties [1][3] Price Index Summary - The CBPI for August 2025 is 111.7 points, with a month-on-month increase of 0.3% and a year-on-year increase of 1.2% [3] - The energy price index is at 98.7 points, up 2.0% month-on-month but down 8.4% year-on-year [3] - The black metal price index is at 79.7 points, with a month-on-month increase of 2.2% and a year-on-year increase of 0.3% [3] - The non-ferrous metal price index is at 130.4 points, showing a month-on-month increase of 0.2% and a year-on-year increase of 6.4% [3] - The chemical price index is at 101.9 points, down 1.0% month-on-month and down 11.0% year-on-year [3] - The agricultural product price index is at 97.1 points, down 0.8% month-on-month and up 1.4% year-on-year [3] - The mineral price index is at 70.5 points, down 1.6% month-on-month and down 12.6% year-on-year [3] Commodity Price Movements - Among the 50 monitored commodities, 25 saw price increases while 25 experienced declines [5] - The top three commodities with the highest month-on-month price increases are coking coal (20.1%), neodymium oxide (19.1%), and lithium carbonate (16.6%) [5] - The top three commodities with the largest month-on-month price decreases are apples (-4.6%), methanol (-3.6%), and urea (-2.8%) [5] Market Context - The CBPI shows a divergence from the Producer Price Index (PPI) and aligns with the Consumer Price Index (CPI) trends [4] - The S&P 500 index reached a historical peak of 6508.23 points, supported by expectations of interest rate cuts in the U.S. and a weaker dollar, which bolstered confidence in the commodity market [4]

9月5日，呈和科技大宗交易成交93.83万股，成交额2698.57万元，占当日总成交额的49.06%，成交价 28.76元，较市场收盘价32.41元折价11.26%。 | 交易日期 | 证券高核 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | 原田蒙里因 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-05 | 呈和科技 | 688625 | 28.76 | 1025.87 | 35.67 | 兴业证券股份有限 公司上海分公司 | 粤开证券股份有限 公司上海分公司 | 186 | | 2025-09-05 | 里和科技 | 688625 | 28.76 | 757.27 | 26.33 | 其业证券股份有限 公司上海政立路证 弱富不露 | 粤开证券股份有限 公司上海分公司 | Ka | | 2025-09-05 | 是和科技 | 688625 | 28.76 | 401.78 | 13.97 | 兴业证券股份有限 公司北京大里路证 發電張器 | 粤开证券股份有限 ...

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - This week, industrial silicon rose 5.13% and polysilicon rose 14.49%. The industrial silicon futures market showed a trend of first falling and then rising, while the polysilicon futures market broke through the platform [4]. - For industrial silicon, next week's supply is expected to increase, mainly due to the significant increase in production in Southwest China during the wet season. The demand from the three major downstream industries remains flat, and the industry inventory is still at a high level. It is recommended to trade the main contract in the range of 8000 - 9000, with a stop - loss range of 7500 - 9500 [4]. - For polysilicon, the supply is increasing and the demand is weakening. It is expected that the market will continue to adjust next week. It is recommended to trade the main contract in the range of 52000 - 58000, with a stop - loss range of 49000 - 60000 [4]. 3. Summary by Relevant Catalogs 3.1 Week - to - Week Key Points Summary - **Market Review**: Industrial silicon rose 5.13% and polysilicon rose 14.49% this week. The industrial silicon futures market was volatile, and the polysilicon futures market broke through the platform on Friday [4]. - **Market Outlook**: - **Industrial Silicon**: Supply is expected to increase, especially in Southwest China. The demand from organic silicon, polysilicon, and aluminum alloy industries remains flat. The industry inventory is high, and inventory digestion faces pressure [4]. - **Polysilicon**: Supply is increasing, but the increase is expected to be limited. Demand is weakening due to weak terminal demand. The market is expected to continue to adjust next week [4]. - **Operation Suggestions**: Trade the industrial silicon main contract in the range of 8000 - 9000, with a stop - loss range of 7500 - 9500. Trade the polysilicon main contract in the range of 52000 - 58000, with a stop - loss range of 49000 - 60000 [4]. 3.2 Futures and Spot Market - **Futures Prices**: Both industrial silicon and polysilicon futures prices rose this week [5]. - **Spot Prices and Basis**: Industrial silicon spot prices rose, and the basis strengthened. Polysilicon spot prices also rose, and the basis strengthened [10][14]. - **Industrial Silicon Production and Capacity Utilization**: As of September 4, 2025, the national industrial silicon production was about 8.11 million tons, and the capacity utilization rate was 55.85% [19]. 3.3 Industry Situation - **Cost**: This week, industrial silicon raw materials and electricity prices remained flat. During the wet season, the overall cost remained low [21]. - **Warehouse Receipts**: As of September 4, 2025, the number of industrial silicon warehouse receipts was 50072, a decrease of 637 compared with the previous week [28]. - **Downstream Industries**: - **Organic Silicon**: Production and operating rate remained flat. Due to cost and price declines, profits decreased. It is expected that production will remain stable, and the demand for industrial silicon will remain flat [30][37]. - **Aluminum Alloy**: Spot prices rose, and inventory continued to increase. The demand for industrial silicon is expected to be negative [43]. - **Silicon Wafer and Battery Cell**: Silicon wafer prices were flat, and battery cell prices remained the same. The demand for polysilicon is expected to increase slightly [50]. - **Polysilicon Industry**: Cost and profit increased, and inventory decreased. As of September 5, polysilicon profit was 12070 yuan/ton, the average cost was 39430 yuan/ton, and inventory was 26.8 million tons [57][63].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 第3笔成交价格为13.38元，成交26.01万股，成交金额348.01万元，溢价率为-19.93%，买方营业部为信 达证券股份有限公司宁波分公司，卖方营业部为中国中金财富证券有限公司宁波海晏北路证券营业部。 进一步统计，近3个月内该股累计发生3笔大宗交易，合计成交金额为1191.21万元。该股近5个交易日累 计下跌3.41%，主力资金合计净流出462.77万元。 责任编辑：小浪快报 9月5日，宁波色母收涨1.21%，收盘价为16.71元，发生3笔大宗交易，合计成交量89.03万股，成交金额 1191.21万元。 第1笔成交价格为13.38元，成交37.01万股，成交金额495.19万元，溢价率为-19.93%，买方营业部为中 国银河证券股份有限公司宁波宁穿路证券营业部，卖方营业部为中国中金财富证券有限公司宁波海晏北 路证券营业部。 第2笔成交价格为13.38元，成交26.01万股，成交金额348.01万元，溢价率为-19.93%，买方营业部为浙 商证券股份有限公司宁波奉化南山路证券营业部，卖方营业部为中国中金财富证券有限公司宁波海晏北 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The steel market is currently in a weak fundamental state with price upward pressure, but there are still expectations for peak - season demand. The short - term trend may be oscillatory, and future focus should be on actual demand and macro - policy trends [3]. - The current high price of iron ore is not sustainable due to weakening steel fundamentals, insufficient demand in the peak season, and pressure on steel mill profits [20]. - After the lifting of coking enterprise production restrictions, the supply - demand gap of coke is expected to narrow. The coke futures may still decline in the short term, and it is not recommended to short - allocate coking coal [32]. - Ferroalloys have bottom support but face upward pressure under the current situation of high production rates and weak downstream demand [51]. - The soda ash market has a pattern of strong supply and weak demand, with high inventories in the upper and middle reaches and stable rigid demand [65]. - The glass market has near - term pressure, with high inventories in the upper and middle reaches. The supply may slightly increase, and the market is in a state of weak balance to weak surplus [93]. 3. Summary by Relevant Catalogs Steel - **Price and Spread Data**: On September 5, 2025, the closing prices of steel futures contracts such as rebar and hot - rolled coil changed compared to the previous day. For example, the rebar 01 contract closed at 3143 yuan/ton, up from 3117 yuan/ton on September 4. The spot prices of rebar and hot - rolled coil also had slight changes [4][7][10]. - **Market Analysis**: Affected by the parade, this week's pig iron production decreased significantly. After the parade, the iron ore price rebounded strongly, and the market believes that short - term production restrictions have limited impact on iron ore. The steel market has a weak fundamental state, but there are still expectations for peak - season demand [3]. Iron Ore - **Price and Spread Data**: On September 5, 2025, the closing prices of iron ore futures contracts such as the 01, 05, and 09 contracts changed compared to the previous day. For example, the 01 contract closed at 789.5 yuan/ton, down 2 yuan from the previous day. The spot prices of iron ore in Rizhao also had slight changes [21]. - **Fundamental Data**: The daily average pig iron production decreased by 11.29 tons this week compared to last week. The 45 - port ore inventory increased by 62.3 tons week - on - week. The global and Australia - Brazil iron ore shipments increased [26]. - **Market Analysis**: The current high price of iron ore is due to the resumption of steel mills' production after the parade and the weakening of coking coal. However, this upward trend is not sustainable due to the weakening steel fundamentals [20]. Coal and Coke - **Price and Spread Data**: On September 5, 2025, the prices and spreads of coking coal and coke futures contracts changed compared to the previous day. For example, the coking coal 01 - 05 spread was - 72 yuan/ton, down 17 yuan from the previous day. The spot prices of coking coal and coke also had certain changes [38][39]. - **Market Analysis**: After the lifting of production restrictions, the supply - demand gap of coke is expected to narrow. The coke futures may still decline in the short term. The coking coal market has a relatively loose supply - demand structure, but the short - term surplus problem is not serious [32]. Ferroalloys - **Price and Spread Data**: On September 5, 2025, the prices and spreads of ferrosilicon and ferromanganese changed compared to the previous day. For example, the ferrosilicon 01 - 05 spread was - 110 yuan/ton, up 18 yuan from the previous day [52][56]. - **Market Analysis**: Ferroalloys have bottom support but face upward pressure under the current situation of high production rates and weak downstream demand. There is a possibility of production reduction due to falling profits [51]. Soda Ash - **Price and Spread Data**: On September 5, 2025, the prices and spreads of soda ash futures contracts changed compared to the previous day. For example, the soda ash 05 contract closed at 1387 yuan/ton, up 30 yuan from the previous day, with a daily increase of 2.21% [66]. - **Market Analysis**: The soda ash market has a pattern of strong supply and weak demand, with high inventories in the upper and middle reaches. The rigid demand is stable, and the cost of raw salt and coal is temporarily stable [65]. Glass - **Price and Spread Data**: On September 5, 2025, the prices and spreads of glass futures contracts changed compared to the previous day. For example, the glass 05 contract closed at 1287 yuan/ton, up 51 yuan from the previous day, with a daily increase of 4.13% [94]. - **Market Analysis**: The glass market has near - term pressure, with high inventories in the upper and middle reaches. The supply may slightly increase, and the market is in a state of weak balance to weak surplus [93].

（文章来源：证券日报） 证券日报网讯新和成9月5日发布公告，在公司回答调研者提问时表示，公司与中石化合资设立宁波镇海 炼化新和成生物科技有限公司，合作投建18万吨/年液体蛋氨酸（折纯）项目，目前已成功产出合格产 品。液体蛋氨酸项目结合前期试产情况定于9月初停产检修，检修时间预计3-4周，后续具体进度将结合 市场需求、试产情况等实际情况推进。 ...