Price Trends Summary - The average price of edible oil and oilseeds has increased, while prices for live pigs and vegetables have decreased [1][4][6] Grain and Oil Prices - The average price of long-grain rice is 3.21 yuan per 500 grams, unchanged from last week, down 0.93% from last month, and down 2.43% year-on-year [2] - The average price of flour is 2.36 yuan, down 0.42% from last week, down 0.42% from last month, and down 1.46% year-on-year [2] - The average price of peanut oil is 133.20 yuan for a 5-liter bottle, unchanged from last week and last month, down 1.13% year-on-year [3] - The average price of soybean oil is 60.56 yuan for a 5-liter bottle, up 0.43% from last week and up 0.30% from last month, down 0.41% year-on-year [3] Livestock Prices - The average price of live pigs is 6.62 yuan, down 1.49% from last week, up 3.92% from last month, and down 17.25% year-on-year [4] - The average price of pork belly is 14.69 yuan, up 2.16% from last week, up 3.38% from last month, and down 12.92% year-on-year [4] - The average price of beef is 37.91 yuan, up 0.64% from last week, up 1.04% from last month, and up 6.55% year-on-year [4] Egg Prices - The average price of eggs is 4.47 yuan, up 2.29% from last week, up 26.27% from last month, and down 5.30% year-on-year [5] Vegetable Prices - The average wholesale price of vegetables is 2.67 yuan, down 1.06% from last week, up 12.54% from last month, and up 2.95% year-on-year [6] - The average retail price of 19 vegetable varieties is 4.80 yuan, down 2.80% from last week, up 1.89% from last month, and down 0.21% year-on-year [6]

1. Report Industry Investment Rating - The investment strategy for both the soybean meal and corn sectors is neutral [4][7] 2. Core Viewpoints of the Report - The supply pressure from Brazilian soybeans will suppress the prices of US soybeans and domestic soybean meal. With sufficient domestic supply, the soybean meal price will maintain a volatile trend, and future focus should be on US soybean purchases and the Brazilian harvest [3] - Due to the low import volume of corn in the previous season, the channel inventory has been significantly depleted. Although there was a bumper harvest of corn in Northeast China this season, affected by rain disasters in North China and the uncertainty of substitute grain auctions, the corn supply this season is not expected to be abundant. The corn price is predicted to fluctuate, and future attention should be paid to the spot purchase and sales situation, import situation, and grain auction situation [6] 3. Summary by Related Catalogs 3.1 Soybean Meal 3.1.1 Market News and Key Data - Futures: The closing price of the soybean meal 2605 contract was 2734 yuan/ton, up 5 yuan/ton or 0.18% from the previous day; the closing price of the rapeseed meal 2605 contract was 2244 yuan/ton, up 6 yuan/ton or 0.27% from the previous day [1] - Spot: In Tianjin, the spot price of soybean meal was 3130 yuan/ton, down 10 yuan/ton from the previous day, and the spot basis was M05 + 396, down 15 from the previous day; in Jiangsu, it was 3020 yuan/ton, unchanged from the previous day, and the spot basis was M05 + 286, down 5 from the previous day; in Guangdong, it was 3000 yuan/ton, unchanged from the previous day, and the spot basis was M05 + 266, down 5 from the previous day. In Fujian, the spot price of rapeseed meal was 2400 yuan/ton, unchanged from the previous day, and the spot basis was RM05 + 156, down 6 from the previous day [1] 3.1.2 Recent Market Information - As of last Thursday, Brazilian farmers had completed 16% of the 2025/26 soybean harvest area, up 6 percentage points from the previous week, slightly higher than the 15% progress of the same period last year. In the first week of February, Brazil exported 118.4 million tons of soybeans, with a daily average export volume of 23.7 million tons, a 26% decrease compared to the daily average export volume of the entire month of February last year [2] - As of the week ending February 5, 2026, the US soybean export inspection volume was 113.6 million tons, with a market expectation of 80 - 165 million tons, and the previous week's revised volume was 131.8 million tons [2] 3.1.3 Market Analysis - The current weather in Brazil is favorable, and local institutions expect the new - season soybean production to reach a record 181 million tons. The supply pressure of Brazilian soybeans will suppress the prices of US soybeans and domestic soybean meal. Currently, feed enterprises have basically completed their stocking, the soybean meal inventory of oil mills has increased again, and the soybean inventory remains at a high level. The domestic supply is still sufficient, and the soybean meal price will maintain a volatile trend [3] 3.2 Corn 3.2.1 Market News and Key Data - Futures: The closing price of the corn 2603 contract was 2286 yuan/ton, up 21 yuan/ton or 0.93% from the previous day; the closing price of the corn starch 2603 contract was 2547 yuan/ton, up 9 yuan/ton or 0.35% from the previous day [4] - Spot: In Liaoning, the spot price of corn was 2150 yuan/ton, unchanged from the previous day, and the spot basis was C03 + 54, down 21 from the previous day; in Jilin, the spot price of corn starch was 2630 yuan/ton, unchanged from the previous day, and the spot basis was CS03 + 83, down 9 from the previous day [4] 3.2.2 Recent Market Information - In the first week of February, Brazil exported 55 million tons of corn, with a daily average export volume of 11 million tons, a 55% increase compared to the daily average export volume of the entire month of February last year [4] - As of the week ending February 5, 2026, the US corn export inspection volume was 130.8 million tons, with a market expectation of 90 - 120 million tons, and the previous week's revised volume was 114.7 million tons [4] 3.2.3 Market Analysis - The import volume of corn in the previous season was low, and the channel inventory has been significantly depleted. Although there was a bumper harvest of corn in Northeast China this season, affected by rain disasters in North China and the uncertainty of substitute grain auctions, the corn supply this season is not expected to be abundant. The corn price is predicted to fluctuate, and future attention should be paid to the spot purchase and sales situation, import situation, and grain auction situation [6]

Core Viewpoint - The event "Non-heritage Celebrating Abundant Year: Culture Entering Thousands of Homes" in Wencuo Village, Haifeng County, showcases the integration of culture and tourism, revitalizing the village and enhancing community engagement through cultural activities [4][10][51]. Group 1: Cultural and Community Engagement - The event attracted a large audience, creating a vibrant atmosphere filled with joy and celebration, marking a significant cultural moment for the village [22][50]. - Activities included traditional performances, such as the "Kirin Dance" and local folk songs, which fostered cultural awareness and pride among villagers [16][19][20]. - The event served as a platform for community participation, with activities like calligraphy and policy education, promoting a sense of unity and shared cultural identity [26][28]. Group 2: Economic and Tourism Development - The event featured a showcase of local agricultural products, including "Lianhua Mountain Tea" and other specialties, enhancing the visibility and marketability of Haifeng's products [31][38]. - The integration of cultural events with tourism initiatives has led to increased visitor numbers, contributing to the local economy and supporting farmers' income [43][47]. - The village's reputation as a "net celebrity village" has been bolstered by such events, attracting more tourists and promoting sustainable development in the region [41][47]. Group 3: Future Cultural Initiatives - The "Yue Mei Village Evening" initiative aims to stimulate grassroots cultural development, encouraging community members to take active roles in cultural activities [56][59]. - The event is part of a broader strategy to enhance cultural vitality in Guangdong, integrating local traditions with modern narratives to foster community engagement [58][59].

Core Viewpoint - The potential signing of a US-Taiwan trade agreement could significantly impact Taiwan's traditional industries, with concerns raised about the implications for food safety and local economic interests [1] Group 1: Trade Agreement Details - Reports indicate that the US-Taiwan trade agreement may be finalized by the 12th, with a signing expected before the Lunar New Year [1] - The agreement could include provisions for reducing tariffs on US-made passenger cars and auto parts to zero, and a reduction in health food tariffs from 30% to 10% [1] - There is speculation that agricultural products may also be opened to market access and tariff reductions [1] Group 2: Impact on Taiwan's Industries - Concerns have been raised that the agreement will severely impact Taiwan's traditional industries [1] - The spokesperson criticized the Democratic Progressive Party (DPP) for compromising Taiwan's industrial development and public welfare in favor of foreign interests [1] - The DPP's approach is described as lacking principles and being detrimental to the interests of the Taiwanese people, potentially leading to public backlash [1]

Core Insights - The article emphasizes the importance of cross-regional collaboration in various industries, particularly in sectors like new energy vehicles, biomedicine, and artificial intelligence, through initiatives like the "dual empowerment" industry matchmaking event in Guangzhou [2][5]. Group 1: Event Overview - The "dual empowerment" industry matchmaking event in Guangzhou featured over 20 high-quality enterprises from sectors such as new energy vehicles, biomedicine, and artificial intelligence, promoting their products, technologies, and collaboration opportunities [2]. - The event aims to establish a clear pathway for precise collaboration, transitioning from "list matching" to "ecological co-construction" [5]. Group 2: Collaboration Mechanisms - Guangzhou is implementing a dynamic mechanism for continuous updating and precise matching of collaboration projects, resulting in 23 key cooperation projects identified to date [5]. - The city plans to host 17 specialized matchmaking events in 13 domestic cooperation cities by 2025, attracting over 450 enterprises and institutions to facilitate efficient resource flow and collaboration [5]. Group 3: Industry Synergy and Benefits - The collaboration efforts are designed to enhance the high-end industrial landscape, focusing on sectors like new energy vehicle sales, low-altitude economy, digital technology, and biomedicine, leading to successful project implementations [6]. - The initiative not only extends Guangzhou's advantageous industries but also aids partner regions in industry transfer and the cultivation of new productive forces [7]. Group 4: Economic Impact - Since 2025, Guangzhou has completed or signed over 80 cooperation projects, with a total economic cooperation amount exceeding 10 billion yuan, showcasing the value of cross-regional collaboration [8]. - The city has organized 17 promotional matchmaking activities, attracting 245 Guangzhou enterprises and achieving a trade cooperation scale surpassing 7 billion yuan [8].

Report Industry Investment Ratings - Sugar: Not explicitly stated, but trading strategy suggests a cautious attitude [1] - Red dates: Bearish outlook [3] - Rubber: Bullish for natural rubber and synthetic rubber in the short - term, with a wait - and - see attitude [4] Core Views - Sugar: Global sugar supply - demand balance loosening pressures prices, but some institutions' downward revisions of future production may support prices. Domestic sugar shows an external - weak and internal - strong situation, with significant upward pressure [1] - Red dates: Limited fundamental information, supply pressure suppresses prices, and the CJ605 contract is expected to seek historical lows [3] - Rubber: Natural rubber is supported by rising raw material prices during the减产 season, but seasonal inventory accumulation may suppress the market. Synthetic rubber is supported by supply - side news, but trading is light [4] Summary by Variety Sugar - **行情复盘**: SR605 closed at 5278 yuan/ton with a daily increase of 0.32%, and SR609 closed at 5288 yuan/ton with a daily increase of 0.27% [1] - **重要资讯**: Brazil's sugar exports in the first week of February increased by 34.28% year - on - year. In the 2025/26 season, Brazil's central - southern region's cumulative sugar production increased by 0.86% year - on - year. India's Maharashtra state's sugar production also increased [1] - **市场逻辑**: External market ICE raw sugar fell, and domestic sugar rose. The global supply - demand balance loosens, but future production cuts may support prices. Domestic sugar lacks fundamental support [1] - **交易策略**: Pay attention to the pressure around 5300 for SR605, and consider shorting if the pressure is effective, with risk control before the holiday [1] Red Dates - **行情复盘**: CJ605 closed at 8725 yuan/ton with a daily increase of 0.35%, and CJ609 closed at 8965 yuan/ton with a daily increase of 0.50% [3] - **重要资讯**: The inventory of 36 sample physical warehouses decreased by 9.55% week - on - week. The wholesale price of Hebei's top - grade red dates decreased slightly. There were no new arrivals in the Guangdong market [3] - **市场逻辑**: Red date prices are consolidating at a low level. Supply pressure is the main factor suppressing prices, and the CJ605 contract is expected to decline [3] - **交易策略**: Short CJ605 on rallies and sell out - of - the - money call options [3] Rubber - **行情复盘**: RU2605 closed at 16335 yuan/ton with a daily increase of 0.55%, NR2604 closed at 13230 yuan/ton with a daily increase of 0.61%, and BR2603 closed at 12860 yuan/ton with a daily increase of 0.39% [4] - **重要资讯**: Thailand's raw material prices rose. Qingdao's rubber inventory increased. The prices of various rubber products changed slightly [4] - **市场逻辑**: Natural rubber is supported by raw material prices but may be affected by seasonal inventory. Synthetic rubber is supported by supply - side news but has light trading [4] - **交易策略**: Those not in the market should wait and see, with risk control and light positions before the holiday [4]

Core Viewpoint - The upcoming Spring Festival in 2026 is expected to see a vibrant and upgraded consumer market, characterized by a blend of traditional customs and innovative consumption patterns, laying a solid foundation for boosting consumption throughout the year [1][5]. Group 1: Market Dynamics - The integration of online and offline channels is a prominent feature of the year-end goods market upgrade, enhancing the festive shopping experience with cultural elements and creating a closed-loop of "online traffic and offline experience" [3]. - The Ministry of Commerce and other departments are promoting the "2026 National Online New Year Goods Festival," aligning with consumer needs across various sectors, thereby effectively releasing greater potential in the year-end goods market [3]. Group 2: Policy Support - The National Development and Reform Commission and the Ministry of Finance have issued 625 billion yuan in long-term special bonds to support the replacement of old consumer goods, ensuring policy continuity and aligning with industrial upgrades [3]. - Subsidies for replacing old automobiles and six categories of major household appliances are being implemented nationwide, providing confidence to businesses and directing policy benefits towards high-quality development areas [3]. Group 3: Consumer Trends - There is a noticeable shift in consumer preferences from basic necessities to quality experiences, with service consumption, such as travel and cinema, becoming popular choices for the Spring Festival [4]. - The demand for high-quality products, such as energy-efficient appliances and organic agricultural products, is increasing, reflecting a growing health consciousness among consumers [4]. Group 4: Market Potential - The retail sales of consumer goods are projected to exceed 50 trillion yuan by 2025, with consumption contributing 52% to economic growth, indicating significant untapped consumer potential [5]. - The integration of national trends and consumer scenarios is creating new growth points, emphasizing the importance of optimizing the supply system to fully unleash the potential of the vast market [5].

1. Report's Industry Investment Rating - Not mentioned in the report 2. Core Viewpoints - The USDA's February supply - demand report shows stable data for the US 2025/26 soybean year, while Brazil's soybean production estimate has increased, and global soybean production and ending stocks are also expected to rise. Malaysia's palm oil inventory decreased in January due to strong exports despite lower production, and the decline is expected to continue. Global rapeseed, rapeseed oil, and rapeseed meal production and ending stocks are projected to increase in the 2025/26 year [1] 3. Summary by Related Catalogs 3.1 2025/26 US Soybean Information - The USDA's February report estimates the US 2025/26 soybean production at 4.262 billion bushels, exports at 1.575 billion bushels, and ending stocks at 350 million bushels, all unchanged from January estimates [1] 3.2 2025/26 Global Soybean Information - Brazil's 2025/26 soybean production estimate is 180 million tons (up from 178 million tons in January), with exports estimated at 114 million tons (unchanged from January). Argentina's production is estimated at 48.5 million tons and exports at 8.25 million tons, both unchanged from January. Global 2025/26 soybean production estimate is 428.18 million tons (up from 425.68 million tons in January), and ending stocks are estimated at 125.51 million tons (up from 124.41 million tons in January) [1] 3.3 Brazil's Soybean Harvest and Export - As of the week of February 7, 2026, Brazil's 2025/26 soybean harvest rate was 17.4%, up from 11.2% the previous week, compared to 14.8% the previous year and a five - year average of 18.7%. Anec predicts Brazil's February soybean exports to reach 1.171 million tons (up from the previous week's forecast of 1.142 million tons) and February soybean meal exports to reach 193,000 tons (up from 163,000 tons) [1] 3.4 Malaysia's Palm Oil Information - ITS data shows Malaysia's February 1 - 10 palm oil exports decreased 10.5% month - on - month; AmSpec data shows a 14.3% decrease. MPOB data shows Malaysia's January palm oil inventory decreased 7.72% to 2.82 million tons (the lowest since October 2025), production decreased 13.78% to 1.58 million tons (the lowest since March 2025), and exports increased 11.44% to 1.48 million tons (the highest since October 2025) [1] 3.5 Global Rapeseed and Related Products in 2025/26 - Global 2025/26 rapeseed production is expected to be 95.022 million tons (up 9.024 million tons year - on - year), ending stocks at 12.104 million tons (up 2.215 million tons). Rapeseed oil production is expected to be 35.68 million tons (up 1.511 million tons), ending stocks at 3.237 million tons (up 0.029 million tons). Rapeseed meal production is expected to be 50.952 million tons (up 1.884 million tons), ending stocks at 1.518 million tons (up 0.079 million tons). Canada's 2025/26 rapeseed exports are expected to be 7.6 million tons (down 1.731 million tons), rapeseed oil exports at 3.525 million tons (up 0.185 million tons), and rapeseed meal exports at 5.85 million tons (up 0.051 million tons) [1] 3.6 Spot Prices - Spot prices for various products from February 4 - 10, 2026, are provided, including prices for soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [4] 3.7 Others - The report also mentions protein meal basis, grease basis, and grease and oilseed futures spreads, but no specific data is provided [5][7][10]

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints - Corn prices are expected to oscillate before the Spring Festival, and in the long - term, focus on import and domestic auction policies due to supply gap [2] - Starch prices are supported in the short - term by downstream holiday stocking and inventory reduction, and long - term price depends on downstream consumption rhythm [3] - For sugar, the international market may see increased production in the 25/26 season, and the domestic market's short - term pricing refers to domestic sugar prices, while long - term it may seek the cost of out - of - quota imports [4] - Cotton is suitable for long - term long positions as demand is expected to improve and new - season planting area in Xinjiang may decline [6] - For eggs, observe the chicken culling situation after the decline of near - end spot prices, and the spread between culled and white chickens [14] - Apple prices of general - quality fruit farmer goods are stable to weak, while good - quality goods remain stable, with varying inventory and sales situations [17] - For pigs, the short - term spot price is weak, with mid - term pressure and long - term inflection point support, and attention should be paid to factors like slaughter rhythm, diseases, and policies [17] Group 3: Summary by Commodity Corn/Starch - **Corn**: From February 4th to 10th, prices in some regions remained stable, with a 10 - point increase in the price in Shekou. The basis changed by - 21, and trade profit increased by 10. Near the Spring Festival, market trading is light, and prices are expected to oscillate. Long - term focus on import and auction policies [2] - **Starch**: From February 4th to 10th, prices in Heilongjiang and Weifang remained stable, the basis decreased by 9, and processing profit remained at - 83. Near the Spring Festival, some enterprises shut down for maintenance, and short - term prices are supported by downstream stocking [2][3] Sugar - From February 4th to 10th, prices in Liuzhou, Nanning, and Kunming increased by 10, 20, and 20 respectively. The basis decreased by 7, and import profit increased by 80. The international market may have increased production, and the domestic market's short - and long - term pricing is affected by different factors [4] Cotton - From February 4th to 10th, the price of 3128 cotton increased by 80, and the number of warehouse receipts + forecasts increased by 50. Cotton demand is expected to improve, and it is suitable for long - term long positions [6][19] Eggs - From February 4th to 10th, prices in some producing areas remained stable, the basis increased by 7, and the price of substitutes like pigs decreased by 0.08. Observe chicken culling after the decline of near - end spot prices [13][14] Apples - From February 4th to 10th, the price of Shandong 80 first - and second - grade apples remained at 8900.00. Due to festival stocking, inventory reduction accelerated, and prices of general - quality fruit farmer goods are stable to weak [16][17] Pigs - From February 4th to 10th, prices in some producing areas decreased, and the basis decreased by 155. The short - term spot price is weak, with mid - term pressure and long - term inflection point support [17]

1. Report Industry Investment Rating - Not provided in the given content 2. Core Views of the Report - Domestic commodity futures market closed with mixed results, with base metals leading the gains. Energy products all rose, precious metals were mixed, agricultural and sideline products mostly increased, shipping futures declined, black commodities mostly fell, new energy materials mostly dropped, and chemical products were mixed [1][2]. - The US economy shows a weak - stable total volume with a differentiated structure. The manufacturing PMI in January was good, but the non - manufacturing sector weakened and employment data was below expectations [2]. - In China, the fundamental changes this week were limited. The boost from the incremental policies in Q4 2025 was not significant yet, but policy expectations were strengthening. The manufacturing PMI in January declined, with both supply and demand decreasing marginally [2]. - For assets, domestic equity markets can get upward support from policy expectations and additional liquidity. Treasury bonds are neutral, with better short - end opportunities but limited odds. Gold in precious metals is a long - term standard allocation, while silver is on hold. Non - ferrous metals are still promising under industrial logic, and investors can buy on dips after market volatility reduces. Black commodities are generally volatile, and crude oil may rise due to geopolitical support but with high uncertainty, so it's advisable to stay on the sidelines [2]. 3. Summary by Relevant Catalogs 3.1 Today's Market - Base metals led the gains, with Shanghai tin up 3.33%. Energy products all rose, with crude oil up 2.17%. Precious metals were mixed, with Shanghai silver up 1.97%. Agricultural and sideline products mostly increased, with corn up 0.44%. Shipping futures declined, with the container shipping index (European line) down 4.57%. Black commodities mostly fell, with coke down 1.71%. New energy materials mostly dropped, with industrial silicon down 1.53%. Chemical products were mixed, with styrene down 0.98%. Oils and fats mostly declined, with palm oil down 0.69%. Non - metallic building materials all fell, with PVC down 0.44% [2] 3.2 Overseas Macro - The US economy shows a weak - stable total volume and a differentiated structure. The manufacturing PMI in January 2026 was good, and the positive feedback from the looser liquidity since H2 2025 may have gradually affected the manufacturing industry. However, the non - manufacturing sector weakened and employment data was below expectations [2] 3.3 Domestic Macro - The fundamental changes this week were limited. The boost from the incremental policies in Q4 2025 to the fundamentals was not significant yet, but policy expectations were strengthening. The manufacturing PMI in January declined, with both supply and demand decreasing marginally. The expectation of policy support for a "good start" in Q1 is rising, and the policy intention to stabilize investment since Q4 2025 may continue into Q1 2026 [2] 3.4 Asset Views - Domestic equity markets can be supported by policy expectations and additional liquidity. Treasury bonds are neutral, with better short - end opportunities but limited odds. Gold in precious metals is a long - term standard allocation, while silver is on hold. Non - ferrous metals are promising under industrial logic, and investors can buy on dips after market volatility reduces. Black commodities are generally volatile, and crude oil may rise due to geopolitical support but with high uncertainty, so it's advisable to stay on the sidelines [2] 3.5 Market Conditions of Different Sectors - **Finance**: The market sentiment is warm. Stock index futures are expected to rebound following the external market, stock index options are volatile, treasury bond futures are volatile, and gold and silver are in a stage of price adjustment and are volatile [6] - **Shipping**: Before the Spring Festival, the decline in freight rates slowed down. The three major alliance shipping companies issued a price increase notice for the European line in March. The container shipping European line is expected to be volatile and slightly stronger [6] - **Black Building Materials**: The current situation and expectations are not good, and the market still faces pressure. Steel, iron ore, coke, coking coal, silicon iron, manganese silicon, glass, and soda ash are all expected to be volatile [6] - **Non - ferrous and New Materials**: The sentiment in the non - ferrous market has warmed up, but inventories have accumulated significantly. Base metals have stopped falling and are volatile. Copper, aluminum, zinc, lead, nickel, stainless steel, tin, and other metals are expected to be volatile or volatile and slightly stronger [6] - **Energy and Chemicals**: The national thermal coal has generally reduced inventories, and the chemical industry continues to be volatile. Crude oil, LPG, asphalt, high - sulfur fuel oil, low - sulfur fuel oil, methanol, urea, and other products are all expected to be volatile [6][7] - **Agriculture**: As the Spring Festival approaches, most agricultural products are volatile. Grains, oils, livestock, and other products are expected to be volatile or volatile and slightly weaker [7] 3.6 Financial Market Price and Change Data - Stock index futures: The CSI 300 futures, SSE 50 futures, CSI 500 futures, and CSI 1000 futures had different price levels and daily, weekly, monthly, quarterly, and annual changes [10] - Treasury bond futures: The 2 - year, 5 - year, 10 - year, and 30 - year Treasury bond futures had different price levels and daily, weekly, monthly, quarterly, and annual changes [10] - Foreign exchange: The US dollar index and the US dollar intermediate price had different price levels and daily, weekly, monthly, quarterly, and annual changes [10] - Interest rates: The 7 - day inter - bank pledged repo rate, 10 - year US Treasury bond yield, 10 - year Chinese Treasury bond yield, 10Y - 2Y US Treasury bond spread, and 10 - year break - even inflation rate had different price levels and daily, weekly, monthly, quarterly, and annual changes [10] 3.7 Industry Index Price and Change Data - The prices and daily, weekly, monthly, quarterly, and annual changes of various industries in the CITIC Industry Index, including agriculture, forestry, animal husbandry and fishery, national defense and military industry, commerce and retail, non - ferrous metals, etc., are provided [11][12] 3.8 Overseas Commodity Price and Change Data - The prices and daily, weekly, monthly, quarterly, and annual changes of overseas commodities such as energy (NYMEX WTI crude oil, ICE Brent oil, etc.), precious metals (COMEX gold, COMEX silver), non - ferrous metals (LME copper, LME aluminum, etc.), and agricultural products (CBOT soybeans, CBOT corn, etc.) are provided [13][15] 3.9 Domestic Commodity Price and Change Data - The prices and daily, weekly, monthly, quarterly, and annual changes of domestic commodities in various sectors such as shipping (container shipping European line), precious metals (gold, silver), non - ferrous metals (copper, aluminum), black building materials (rebar, hot - rolled coil), energy and chemicals (crude oil, fuel oil), and agriculture (soybeans, corn) are provided [16][17][18]