Group 1 - The core viewpoint of the articles indicates that silver prices are expected to rise significantly, potentially surpassing gold by 2025 due to geopolitical risks, inflation concerns, and positive price expectations [1][2] - The gold-silver ratio has shown a significant decline from the recent peak of over 100, currently returning to 90, with optimistic projections suggesting it could stabilize at 50, leading to silver prices reaching $70 per ounce [1][2] - Historical data shows that during periods of stagflation, silver has outperformed gold, with notable price increases in previous stagflation periods, indicating that silver may continue to be a strong investment alternative [2][3] Group 2 - The market has a significant misunderstanding regarding silver pricing, particularly in the context of stagflation, where silver's investment demand has historically driven price increases despite industrial demand fluctuations [2][3] - The industrial demand for silver, particularly from the photovoltaic sector, is not expected to negatively impact the supply-demand balance, as historical trends show that declines in certain industrial uses have not hindered silver's bull markets [2][3] - Investment demand has been the dominant factor influencing silver's price fluctuations since 2005, overshadowing the impact of industrial and jewelry demand [3] Group 3 - Related Hong Kong stocks in the silver industry include China Silver Group (00815), which may benefit from the anticipated rise in silver prices [4]

Core Viewpoint - The surge in silver prices is driven by a combination of heightened investment demand and industrial usage, with significant growth in sales of investment silver products observed this year [2][3][6]. Group 1: Price Movement - As of July 11, silver prices reached a 14-year high, with spot prices rising by 3.77% to over $38 per ounce and COMEX futures increasing by 4.74% to surpass $39 per ounce, marking a year-to-date increase of over 32% [1]. - The increase in silver prices is attributed to both safe-haven demand due to geopolitical tensions and rising industrial demand, particularly in the photovoltaic and electric vehicle sectors [6][10]. Group 2: Investment Demand - Sales of investment silver products, such as silver bars and silver ingots, have surged by over 40% year-on-year, indicating a strong consumer interest [3]. - In June, sales of investment silver bars increased by 20% compared to May, with a notable preference for one-kilogram and 500-gram bars among consumers [5]. Group 3: Supply and Demand Dynamics - The global silver supply is struggling to keep pace with demand, with a reported shortfall of 5,000 tons in 2022, a gap that has persisted for five consecutive years [7]. - The World Silver Association projects that the demand for silver will continue to rise, particularly in the automotive sector, where the silver usage in hybrid and electric vehicles is expected to increase by 21% and 71%, respectively, compared to traditional vehicles [6][10]. Group 4: Future Outlook - Multiple institutions suggest that silver prices have further upward potential due to the ongoing supply-demand imbalance and the financial attributes of silver [9]. - The uncertainty in geopolitical situations and the direction of U.S. monetary policy are identified as key factors influencing silver price fluctuations in the short term [10].

湖南白银今日涨停，全天换手率14.93%，成交额14.11亿元，振幅7.04%。龙虎榜数据显示，机构净买入 2381.74万元，深股通净买入6421.07万元，营业部席位合计净买入3530.91万元。 深交所公开信息显示，当日该股因日涨幅偏离值达9.53%上榜，机构专用席位净买入2381.74万元，深股 通净买入6421.07万元。 融资融券数据显示，该股最新（7月10日）两融余额为4.07亿元，其中，融资余额为4.06亿元，融券余额 为61.87万元。近5日融资余额合计减少3617.89万元，降幅为8.18%，融券余额合计减少17.99万元，降幅 22.52%。（数据宝） 湖南白银7月11日交易公开信息 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 深股通专用 | 12800.07 | 6379.00 | | 买二 | 华鑫证券有限责任公司上海云锦路证券营业部 | 3494.04 | 2.95 | | 买三 | 国信证券股份有限公司北京分公司 | 3409.50 | 1746.59 | | 买四 | 机构专 ...

Group 1 - The gold market showed mixed performance with slight fluctuations in prices, indicating a stable trading environment [3][4][5] - Au99.95 opened at 769.10, with a closing price of 769.10, showing no change in value [3] - Au100g experienced a slight increase, opening at 771.00 and closing at 771.91, reflecting a rise of 2.04 yuan or 0.26% [3] Group 2 - The trading volume for Au(T+D) was significant, with a total of 32,652 transactions and a closing price of 769.30 [4] - The market for platinum (Pt99.95) opened at 320.25 and closed at 322.54, with a decrease of 0.21% [4] - Silver (Ag(T+D)) showed a notable increase, with a closing price of 9028.00, reflecting a rise of 1.99% [4] Group 3 - The NYAuTN06 contract opened at 773.60 and closed at 773.00, indicating a slight increase of 0.25% [5] - The trading volume for NYAuTN12 was lower, with only 7 transactions recorded [5] - Overall, the market maintained a steady trading environment with minor fluctuations across various precious metals [5]

Group 1 - International silver prices experienced a slight decline, currently trading at $36.66 per ounce, with a decrease of 0.20% [1][4] - The opening price for silver today was $36.69 per ounce, reaching a high of $36.76 and a low of $36.49 [1][4] - The resistance level for silver is identified at $37.30-$37.40, while the support level is at $35.90-$36.00 [4] Group 2 - The S&P 500 index in the U.S. saw a slight decline amid ongoing uncertainty regarding U.S. trade policies, particularly due to President Trump's recent tariff threats [2] - Trump's announcement of a 50% tariff on imported copper expands the scope of the global trade war, with additional tariffs on semiconductors and pharmaceuticals expected soon [2][3] - Investors are awaiting the second-quarter earnings season starting mid-July, feeling reassured by the recent passage of a government spending plan that includes business-friendly tax policies [3]

Group 1 - The opening price of Au99.95 was 771.50, with a closing price of 772.00, reflecting an increase of 4.76 yuan or 0.62% [2] - Au99.99 opened at 766.00 and closed at 771.48, showing an increase of 3.73 yuan or 0.49% [2] - The trading volume for Au99.95 was 184, with a transaction amount of 142,067,800 yuan [2] Group 2 - Au(T+D) opened at 766.10, reached a high of 772.79, and closed at 771.51, with a price increase of 3.96 yuan or 0.52% [3] - The trading volume for Au(T+D) was 28,986, with a transaction amount of 22,344,446,980 yuan [3] - The weighted average price for Au99.95 was 768.99, with a transaction amount of 219,640,770 yuan [3] Group 3 - NYAuTN06 opened at 765.20, peaked at 775.60, and closed at 775.35, reflecting an increase of 4.95 yuan or 0.64% [4] - NYAuTN12 opened at 762.25, reached a high of 773.10, and closed at 772.75, with an increase of 5.1 yuan or 0.66% [4] - The trading volume for NYAuTN06 was 7.4, with a transaction amount of 5,730,300 yuan [4]

1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Core Viewpoints - The report provides trend forecasts for various futures products, including precious metals, base metals, energy, agricultural products, etc., with different products showing trends such as rising, falling, and fluctuating [2][4]. 3. Summary by Related Catalogs Precious Metals - **Gold**: Non - farm payrolls exceeded expectations, with a trend strength of - 1 [2][6][9]. - **Silver**: Continued to rise, with a trend strength of 1 [2][6][9]. Base Metals - **Copper**: Global inventories increased, and prices fluctuated, with a trend strength of 0 [2][11][13]. - **Zinc**: Traded sideways, with a trend strength of 0 [2][14]. - **Lead**: Supported by short - term consumption peak season expectations, with a trend strength of 1 [2][16][17]. - **Tin**: Driven by the macro - environment, with a trend strength of 0 [2][19][22]. - **Nickel**: Upside potential was limited, and prices were under pressure at low levels, with a trend strength of 0 [2][23]. - **Stainless Steel**: Inventories were slightly digested, and prices recovered but with limited elasticity, with a trend strength of 0 [2][24][29]. Energy and Chemicals - **Carbonate Lithium**: Prices were under pressure, with a trend strength of - 1 [2][30][33]. - **Industrial Silicon**: Adopt a strategy of shorting at high prices, with a trend strength of - 1 [2][34][36]. - **Polysilicon**: Attention should be paid to policy changes, with a trend strength of - 1 [2][34][36]. - **Iron Ore**: Expectations were volatile, and prices fluctuated widely, with a trend strength of - 1 [2][37]. - **Rebar**: Fluctuated widely, with a trend strength of 0 [2][39][42]. - **Hot - Rolled Coil**: Fluctuated widely, with a trend strength of 0 [2][40][42]. - **Silicon Ferrosilicon**: Fluctuated widely, with a trend strength of - 1 [2][43][46]. - **Manganese Ferrosilicon**: Fluctuated widely, with a trend strength of - 1 [2][43][46]. - **Coke**: The first round of price increase was brewing, and prices fluctuated widely, with a trend strength of 0 [2][48][50]. - **Coking Coal**: Fluctuated widely, with a trend strength of 0 [2][48][50]. - **Steam Coal**: Daily consumption recovered, and prices stabilized with fluctuations, with a trend strength of 0 [2][52][55]. - **Log**: The main contract switched, and prices fluctuated widely, with a trend strength of 0 [2][56][58]. - **Para - Xylene**: Cost support was weak, with a trend strength of - 1 [2][59][65]. - **PTA**: Close the long - PX short - PTA position, with a trend strength of - 1 [2][59][66]. - **MEG**: Traded in a single - sided oscillation, with a trend strength of 0 [2][59][66]. - **Rubber**: Traded in an oscillatory manner [2][67]. Others - **Fuel Oil**: Adjusted narrowly at night, with low - level fluctuations in the market [4]. - **Low - Sulfur Fuel Oil**: Strong in the short - term, with the high - low sulfur spread in the overseas spot market oscillating at a high level [4]. - **Container Shipping Index (European Line)**: The 08 contract oscillated and sorted; hold a light short position in the 10 contract [4]. - **Short - Fiber**: Traded weakly with oscillations, and demand pressure gradually emerged [4]. - **Bottle Chip**: Traded weakly with oscillations, long PR short PF [4]. - **Offset Printing Paper**: Traded in an oscillatory manner [4]. - **Palm Oil**: Fundamental contradictions were not obvious, and prices were greatly affected by international oil prices [4]. - **Soybean Oil**: There was insufficient speculation on U.S. soybean weather, lacking driving forces [4]. - **Soybean Meal**: The U.S. soybean market was closed overnight, lacking guidance, and the Dalian soybean meal might oscillate [4]. - **Soybean No. 1**: Spot prices were stable, and the market oscillated [4]. - **Corn**: Traded in an oscillatory manner [4]. - **Sugar**: Traded in a narrow range [4]. - **Cotton**: Attention should be paid to U.S. tariff policies and their impacts [4]. - **Egg**: It was difficult to increase the culling rate, and attention should be paid to the pre - emptive expectations [4]. - **Live Pig**: The gaming sentiment increased [4]. - **Peanut**: There was support at the bottom [4].

1. Report Industry Investment Rating - Not provided in the report 2. Core View of the Report - Due to the expected expansion of the US fiscal deficit, the potential for the Fed to cut interest rates, continuous gold - buying by central banks globally, and persistent geopolitical risks, precious metal prices are likely to rise and difficult to fall. Investors are advised to mainly establish long positions on price pull - backs [1]. 3. Summary by Related Contents Market Data - **Shanghai Gold Futures**: On July 3, 2025, the closing price was 776.04 yuan/gram, with a change of 0.76 yuan compared to the previous day and - 0.06 yuan compared to the previous week. The trading volume was 202,457.00, and the open interest was 33,329.00 [1]. - **Shanghai Gold Spot (T + D)**: The closing price was 770.33 yuan/gram, down 2.93 yuan. The trading volume was 29,774.00, and the open interest was 225,294.00 [1]. - **Shanghai Silver Futures**: The closing price was 8,747.00 yuan/kg, down 63.00 yuan. The trading volume was 323,881.00, and the open interest was 249,023.00 [1]. - **Shanghai Silver Spot (T + D)**: The closing price was 8,737.00 yuan/kg, down 68.00 yuan. The trading volume was 521,320.00, and the open interest was 3,142,008.00 [1]. - **COMEX Gold Futures**: The closing price was 3,368.70 dollars/ounce, up 30.20 dollars. The trading volume was 129,510.00, and the open interest was 332,177.00 [1]. - **COMEX Silver Futures**: The closing price was 0.92 dollars/ounce, up 0.55 dollars. The trading volume was 39,724.00, and the open interest was 131,315.00 [1]. - **London Gold Spot**: The price was 3,335.70 dollars/ounce, up 33.20 dollars [1]. - **London Silver Spot**: The price was 36.31 dollars/ounce, down 0.20 dollars [1]. Important Information - **US Situation**: The US House - passed "Great Beauty" bill plans to raise the debt ceiling to 5 trillion dollars and expand the fiscal deficit by over 3 trillion dollars. The ADP employment in June decreased by 33,000, reducing the probability of the Fed not cutting interest rates in July, but the expected rate - cut time is still September/October/December [1]. - **Eurozone Situation**: The ECB cut interest rates by 25 basis points in June, with the deposit mechanism rate at 2%. The manufacturing PMI in June continued to rise, and the CPI annual rate was in line with expectations but higher than the previous value. The market expects 1 - 2 rate cuts by the end of 2025 [1]. - **UK Situation**: The Bank of England cut the key interest rate by 25 basis points in May. The CPI annual rate in May was in line with expectations but lower than the previous value. The manufacturing and service PMI in June were higher than expected. Due to the GDP decline in April, the expectation of an August rate cut is rising, with 2 - 3 rate cuts expected by the end of 2025 [1]. - **Japan Situation**: The Bank of Japan raised interest rates by 25 basis points in January. It may reduce the quarterly government bond purchase scale from 400 billion yen to 200 billion yen in April 2026. There is still an expectation of an interest - rate hike by the end of 2025 [1]. Trading Strategy - Investors are advised to mainly establish long positions on price pull - backs. For London gold, pay attention to the support level around 3,000 - 3,200 dollars/ounce and the resistance level around 3,500 - 3,700 dollars/ounce; for Shanghai gold, the support level is around 730 - 750 yuan/gram and the resistance level is around 840 - 900 yuan/gram. For London silver, the support level is around 31 - 34 dollars/ounce and the resistance level is around 38 - 40 dollars/ounce; for Shanghai silver, the support level is around 8,300 - 8,500 yuan/kg and the resistance level is around 8,900 - 9,100 yuan/kg [1].

Report Industry Investment Rating No relevant content provided. Core Views of the Report - Gold is expected to experience high - level fluctuations. The long - term bullish logic for gold remains unchanged due to factors such as the progress of the US fiscal expansion bill, the weakening of the US dollar, and the long - term reshaping of the global order [1][3]. - Silver will have range - bound fluctuations as its logical drivers remain relatively stable, and the ratio of gold to silver has returned to the normal range [1]. - For copper, it is recommended to hold long positions. Although there is a risk of a high - level pullback, the long - term outlook for copper is positive [1][6]. - Zinc is under pressure. In the long run, there is an increase in supply and a decrease in demand, so opportunities to short on rallies should be grasped [1][9]. - Lead's rebound is under pressure due to an expected increase in supply in July and unoptimistic downstream battery consumption [1]. - Tin's rebound is also under pressure as the supply from Myanmar's tin mines has not recovered and the consumption in the terminal field has entered the off - season [1]. - Aluminum is in a short - term rebound trend. However, as the terminal enters the off - season, there is an expectation of inventory accumulation [1][12]. - Nickel is under pressure. The cost support has weakened, and the downstream stainless - steel industry has inventory accumulation pressure [1][14]. - Industrial silicon's rebound is under pressure. There are rumors of large - scale factory restarts, and the cost support has weakened [1]. - For lithium carbonate, the fundamentals remain in an oversupply situation, and the market has significant differences in downstream production schedules [1][15]. Summary by Variety Gold and Silver - **Market Performance**: SHFE gold closed at 776.1, up 1.11% from the previous value, and COMEX gold closed at 3349, up 1.01%. SHFE silver closed at 8810, up 0.55%, and COMEX silver closed at 36, down 0.30%. The Shanghai gold - to - silver ratio was 88.09, up 0.56% [2]. - **Basic Logic**: The US fiscal expansion bill has made progress. The US Senate passed the "Great Beauty" bill on July 1st, including a $4.5 - trillion tax cut and a $1.2 - trillion spending cut. Other countries have made compromises in trade negotiations. The US dollar has continued to weaken significantly, with the Bloomberg dollar index falling for six consecutive months in June [3]. - **Strategy Recommendation**: Consider long - term investment in gold when the price is around 760. Silver will have range - bound fluctuations, with strong support at 8560 [4]. Copper - **Market Performance**: The closing price of SHFE copper was 80390, up 0.46% from the previous day. The LME copper price was 9934, up 0.66%, and the COMEX copper price was 509.9, down 0.24% [5]. - **Industrial Logic**: Overseas copper mine supply is tight, and the processing TC of copper concentrates has dropped to - 43.57 dollars/ton. During the consumption off - season, the demand from the power and new - energy vehicle sectors has offset the lack of demand from traditional sectors such as construction [5]. - **Strategy Recommendation**: Hold existing long positions in copper, and take partial profits when the price is high. Be vigilant about the risk of a high - level pullback. In the short term, focus on the range of [78500, 81000] for SHFE copper and [9700, 9900] dollars/ton for LME copper [6]. Zinc - **Market Performance**: The closing price of SHFE zinc was 22175, down 0.36% from the previous day. The LME zinc price was 2713.5, down 1.00% [8]. - **Industrial Logic**: In 2025, the supply of zinc mines is expected to be more abundant. Although there was a strike at a large zinc smelter in Peru, the overall supply of zinc mines is at a high level, and the TC has continued to rebound. Domestic inventories have slightly increased, and the downstream galvanizing enterprises' performance is lower than in previous years [8]. - **Strategy Recommendation**: Zinc is under pressure. In the long run, short on rallies. Focus on the range of [22000, 22600] for SHFE zinc and [2650, 2750] dollars/ton for LME zinc [9][10]. Aluminum - **Market Performance**: The closing price of LME aluminum was 2602 dollars/ton, up 0.17%, and the closing price of SHFE aluminum was 20635 yuan/ton, up 0.27%. The price of alumina was under pressure and declined [11]. - **Industrial Logic**: For electrolytic aluminum, the overseas macro - sentiment has improved. However, as the terminal enters the off - season, the inventory of aluminum ingots and aluminum rods is showing signs of accumulation. For alumina, the import of overseas bauxite remains at a high level, and the domestic production capacity has rebounded [12]. - **Strategy Recommendation**: Look for opportunities to short on rallies for SHFE aluminum, paying attention to changes in aluminum ingot inventories. The main operating range is [20000 - 20800]. Alumina will operate in a low - level range [12]. Nickel - **Market Performance**: The closing price of LME nickel was 15190 dollars/ton, up 0.43%, and the closing price of SHFE nickel was 120720 yuan/ton, down 0.09%. The price of stainless steel also declined [13]. - **Industrial Logic**: The supply of nickel mines from the Philippines has increased, and the price of Indonesian nickel mines has decreased, weakening the cost support. The domestic refined nickel inventory has increased, and the stainless - steel industry is facing inventory accumulation pressure during the off - season [14]. - **Strategy Recommendation**: Short on rallies for nickel and stainless steel, paying attention to inventory changes. The main operating range for nickel is [118000 - 122000] [14]. Lithium Carbonate - **Market Performance**: The main contract LC2509 of lithium carbonate closed at 62780 yuan/ton, up 0.84%. The weekly production of lithium carbonate was 17598 tons, up 1.79%, and the weekly inventory was 136837 tons, up 1.44% [15]. - **Industrial Logic**: There are significant differences in the market's expectations for downstream production schedules. In the long - term, the supply of lithium carbonate exceeds demand, and the total inventory continues to reach new highs [15]. - **Strategy Recommendation**: Short on rallies within the range of [61800 - 63300] [16].

1. Report Industry Investment Ratings - Not provided in the content 2. Core Views of the Report - The report provides daily research and analysis on various commodities in the futures market, including precious metals, base metals, energy, chemicals, agricultural products, etc. It offers insights into price trends, fundamental data, and news events affecting each commodity, along with trend strength indicators and trading strategies [2][11][24] 3. Summary by Commodity Precious Metals - **Gold**: With rising expectations of interest rate cuts, the gold price is showing an upward trend. The trend strength is -1, indicating a relatively bearish outlook. Key data includes price, trading volume, open interest, ETF holdings, and inventory levels [2][6][9] - **Silver**: Continuing to rise, the trend strength is 1, suggesting a bullish outlook. Similar to gold, it also provides price, trading volume, open interest, ETF holdings, and inventory data [2][6][9] Base Metals - **Copper**: Supported by strong spot prices, the copper price is expected to remain stable. The trend strength is 1, indicating a bullish outlook. The report presents data on futures and spot prices, trading volume, open interest, inventory, and spreads, along with macro and industry news [11][13] - **Zinc**: The fundamentals are under pressure, with a trend strength of -1, suggesting a bearish outlook. It provides data on prices, trading volume, open interest, spreads, and inventory, as well as relevant news [14][15] - **Lead**: With expectations of a peak season, the lead price is supported. The trend strength is 1, indicating a bullish outlook. The report includes price, trading volume, open interest, spreads, and inventory data, along with news [17][18] - **Tin**: Driven by the macro - environment, the tin price is on the rise. The trend strength is 0, indicating a neutral outlook. It provides data on futures and spot prices, trading volume, open interest, inventory, and spreads, along with macro and industry news [20][21][22] - **Nickel**: The support from the ore end is weakening, and the smelting end limits the upside potential. The trend strength is 0, indicating a neutral outlook. It presents data on prices, trading volume, open interest, spreads, and relevant industry news [24][27] - **Stainless Steel**: Inventory is slightly decreasing, and the steel price is recovering with limited elasticity. The trend strength is 0, indicating a neutral outlook. Similar to nickel, it provides relevant data and news [24][27] Energy and Chemicals - **Carbonate Lithium**: Spot trading is light, and the price is oscillating weakly. The trend strength is -1, suggesting a bearish outlook. It provides price, trading volume, open interest, spreads, and inventory data, along with macro and industry news [28][30] - **Industrial Silicon**: Supply disruptions from the upstream are increasing, and market sentiment needs to be monitored. The trend strength is 1, indicating a bullish outlook. It presents data on prices, trading volume, open interest, spreads, inventory, and relevant news [31][33] - **Polysilicon**: Market news is continuously disturbing, and the upside space needs to be watched. The trend strength is 1, indicating a bullish outlook. Similar to industrial silicon, it provides relevant data and news [31][33] - **Iron Ore**: Expectations are fluctuating, and the price is oscillating widely. The trend strength is 0, indicating a neutral outlook. It provides price, trading volume, open interest, spreads, and relevant news [34] - **Rebar and Hot - Rolled Coil**: Both are oscillating widely. The trend strength for both is 0, indicating a neutral outlook. They provide price, trading volume, open interest, spreads, and relevant news [36][37][39] - **Silicon Iron and Manganese Silicon**: Affected by sector sentiment, they are oscillating weakly. The trend strength for both is 0, indicating a neutral outlook. They provide price, trading volume, open interest, spreads, and relevant news [41][43] - **Coke and Coking Coal**: Affected by downstream environmental protection - related production cuts, they are oscillating weakly. The trend strength for both is 0, indicating a neutral outlook. They provide price, trading volume, open interest, spreads, and relevant news [45][46][48] - **Steam Coal**: Daily consumption is recovering, and the price is stabilizing. The trend strength is 0, indicating a neutral outlook. It provides price, trading volume, open interest, and relevant news [50][52][53] - **Log**: The main contract is switching, and the price is oscillating widely. The trend strength is -1, suggesting a bearish outlook. It provides price, trading volume, open interest, spreads, and relevant news [54][56] - **Paraxylene**: Consider positive spreads on dips. The trend strength is 0, indicating a neutral outlook. It provides price, trading volume, open interest, spreads, and relevant news [57][63] - **PTA**: Go long on PX and short on PTA. The trend strength is 0, indicating a neutral outlook. Similar to paraxylene, it provides relevant data and news [57][63] - **MEG**: Take profit on the long PTA and short MEG strategy. The trend strength is 0, indicating a neutral outlook. It provides relevant data and news [57][63] - **Rubber and Synthetic Rubber**: Both are oscillating. The trend strength for both is 0, indicating a neutral outlook. They provide price, trading volume, open interest, spreads, and relevant news [30][32][64] - **Asphalt**: Oscillating in a narrow range. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [34] - **LLDPE**: Oscillating in the short term. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [36] - **PP**: Spot prices are falling, and trading is dull. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [38] - **Caustic Soda**: Spot price cuts are not over, and the impact of liquid chlorine needs to be monitored. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [39] - **Pulp**: Oscillating. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [41] - **Glass**: The price of the original sheet is stable. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [43] - **Methanol and Urea**: Both are oscillating in the short term. The trend strength for both is not provided. They provide price, trading volume, open interest, spreads, and relevant news [44][46] - **Styrene**: Oscillating in the short term. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [48] - **Soda Ash**: The spot market has little change. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [50] - **LPG**: Oscillating in the short term. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [51] - **PVC**: The trend is weak. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [54] Agricultural Products - **Palm Oil**: The improvement in the fundamentals of the producing areas is limited, and the price is bottom - grinding. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [63] - **Soybean Oil**: There is insufficient speculation about US soybean weather, and there is a lack of driving force. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [63] - **Soybean Meal**: Overnight US soybeans closed flat, and the domestic soybean meal may rebound and oscillate. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [65] - **Soybean No.1**: The spot price is stable, and the futures price may oscillate. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [65] - **Corn**: Oscillating. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [67] - **Sugar**: Weakly operating. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [68] - **Cotton**: Lacking effective driving force, the price is oscillating. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [69] - **Egg**: The peak season is approaching, and it is difficult to increase the culling rate. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [71] - **Live Pig**: Anticipating the de - stocking logic in July. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [72] - **Peanut**: There is support at the bottom. The trend strength is not provided. It provides price, trading volume, open interest, spreads, and relevant news [73]