2025年06月30日 | 国泰君安期货商品研究晨报 | | --- | 观点与策略 | 铜：美元弱势，支撑价格 | 3 | | --- | --- | | 锌：短期高位，关注量价 | 5 | | 铅：存旺季预期，支撑价格 | 6 | | 镍：矿端支撑有所松动，冶炼端限制上方弹性 | 7 | | 不锈钢：库存边际小幅去化，钢价修复但弹性有限 | 7 | | 碳酸锂：基本面承压叠加仓单矛盾，高波动或延续 | 9 | | 工业硅：减产消息扰动，关注上方空间 | 11 | | 多晶硅：关注市场情绪发酵 | 11 | | 铁矿石：预期反复，宽幅震荡 | 13 | | 螺纹钢：宽幅震荡 | 14 | | 热轧卷板：宽幅震荡 | 14 | | 硅铁：现货情绪提振，宽幅震荡 | 16 | | 锰硅：港口报价提振，宽幅震荡 | 16 | | 焦炭：震荡偏强 | 18 | | 焦煤：检查扰动持续发酵，震荡偏强 | 18 | | 动力煤：日耗修复，震荡企稳 | 20 | | 原木：主力切换，宽幅震荡 | 21 | | 对二甲苯：供应收缩，月差偏强 | 23 | | PTA：月差反套 | 23 | | MEG：单边偏弱 | 23 ...

Core Points - The Annual General Meeting (AGM) of Afarak Group SE was held on June 3, 2025, in Helsinki, where the financial statements for 2024 were adopted and the Board of Directors and CEO were discharged from liability [1] - The AGM resolved that no dividend would be paid for 2024, but authorized the Board to distribute a maximum of EUR 0.005 per share from retained earnings or assets from the reserve for invested unrestricted equity, valid until December 31, 2025 [2] - The Board of Directors will consist of three members, with Dr. Jelena Manojlovic and Mr. Thorstein Abrahamsen re-elected, and Mr. Julien Duniague elected as a new member [3] - Non-executive Board Members will receive EUR 5,000 per month, with the Chairman receiving an additional EUR 1,500, and committee members receiving an extra EUR 1,500 for their work [4] - Tietotili Audit Oy was re-elected as the auditor of the Company, with Urpo Salo as the principal responsible auditor [5] - Tietotili Audit Oy was also elected as the sustainability reporting assurer, with Urpo Salo responsible for sustainability reporting [6] - Following the AGM, Mr. Thorstein Abrahamsen was re-elected as Chairperson of the Board, with specific committee compositions outlined [7] - The Company has a total of 277,041,814 shares, holding 15,641,514 shares in treasury as of June 3, 2025 [8] - Afarak Group specializes in alloy production, focusing on sustainable growth in its Specialty Alloys business in southern Europe and FerroAlloys business in South Africa, and is listed on NASDAQ Helsinki and the London Stock Exchange [10]