人民财讯10月9日电，国内期货夜盘开盘多数上涨，沪金涨0.56%，沪银涨1.92%，沪铜涨1.73%，沪锌 涨逾1%，沪锡涨1.55%，铁矿涨超1%，焦煤涨2.01%，玻璃涨0.74%，原油涨0.49%。 ...

国庆假期期间，受海外流动性宽松预期提振，有色金属全面飘红，铜价再创阶段新高。受外盘和相关品 种带动，叠加近期印尼严打非法采矿加剧供应担忧，节后首日国内沪锡大幅走高，主力合约收涨 2.99%，报287090元/吨，刷新半年高位。成交量虽然较节前有显著下滑，但持仓量大幅提升，主力 sn2511合约排名前20持仓龙虎榜上，多头合计加仓4303手，空头增仓3994手，多空双方势均力敌。 数据来源：文华财经 国泰期货席位加空583手，同时加多188手，净多单减少395手。 瑞达期货席位多空均有增持，加空475手，高于多单增加幅度，净空持仓增加231手。 整体来看，近期LME库存再度回落且0-3结构频繁变动，流动性担忧仍有隐患，叠加原料供应维持偏紧 格局，刺激锡价上涨。另一方面，印尼严厉打击非法采矿引发市场担忧情绪，不过，此次严打旨在加强 对本国锡产业管控，关停的非法矿点多为小型矿企，印尼主要的锡冶炼企业大多拥有正规的自有矿源或 稳定的合法供应渠道，因此其精锡的正式生产和出口预计不会受到严重冲击。10月初国内云锡将结束检 修恢复生产，大部分冶炼厂在假期内保持正常生产，同时缅甸矿运输也逐渐恢复，整体供应有望小幅增 加。需求 ...

热点追踪 （2025年10月9日） 研究咨询部 每日涨跌幅及资金变化 棉纱 沪锡 国际铜 棕榈油 对二甲苯苹果 沪镍 尿素 烧碱 玻璃 硅铁 锰硅 沪铝中证菜油500期货 沪铜 甲醇 花生 纤维板 LPG 沪深300期货 聚丙烯 PVC 乙二醇 PTA 线材短纤郑棉 上证50红枣期货20号胶 原油纯碱 纸浆 粳米 豆一丁二烯橡胶 焦煤 沪金 生猪 塑料 玉米工业硅 苯乙烯 氧化铝 10螺纹钢 碳酸锂 年期国债期货 热轧卷板 30 焦炭中证年期国债期货 1000 豆二铁矿石沪铅期货 沪银 豆油 玉米淀粉 2年期国债期货 菜粕 橡胶 沥青 集运指数 5年期国债期货 豆粕(欧线不锈钢 白糖) 鸡蛋 低硫燃料油 沪锌 燃油 -10 -5 0 5 10 15 20 25 30 35 40 -8 -6 -4 -2 0 2 4 6 涨跌幅（%） 品种每日涨跌幅及资金变化 期货风险莫测，务请谨慎从事 资 金 流 向 （ % ） 每日资金变化 -10 -5 0 5 10 15 20 25 30 35 40 棉纱 沪锡 国际铜 棕榈油 对二甲苯 沪镍 苹果 玻璃 烧碱 尿素 锰硅 沪铜 中证500期货 沪铝 硅铁 菜油 甲醇 纤 ...

| 序号 | 合约名称 | 局新 | 现手 | 25.07 | 英价 | 原(后) 1 | 光星 | 能 | 成交 | 济陆 | 持位置 | 日常仓 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 护金2512 M | 914.32 | 2 | 914.26 | 914.30 | 4.82% | 1 | 1 | 196126 42.02 | | 251108 | -5768 | | 2 | 国际铜2511 M | 77200 | 1 | 77160 | 77200 | 4.23% | 1 | 6 | 8561 | 3130 | 5370 | 457 | | 3 | 护铜2511 M | 86750 | 2 | 86750 | 86760 | 4.19% | 5 | 5 | 137816 | 3490 | 221715 | 7856 | | 4 | 信桐油2601 M | 9570 | 8 | 9570 | 9572 | 4.13% | 5 | 172 | 509596 | 380 | ...

人民财讯10月9日电，国内商品期货收盘，生猪、液化石油气跌逾5%，鸡蛋跌逾4%，尿素跌逾3%，烧 碱、甲醇跌逾2%；沪金、国际铜、沪铜、棕榈油涨逾4%，沪锡、沪镍、沪银涨逾2%。 （原标题：国内商品期货收盘 沪金涨逾4%） ...

来源：上海证券报·中国证券网 跌幅方面，生猪、鸡蛋、液化石油气等跌超5%，尿素跌超3%，原油、PVC、甲醇、烧碱、多晶硅等跌 超2%，燃油、玻璃、硅铁、塑料、苯乙烯等跌超1%。 上证报中国证券网讯 据Choice数据，10月9日，国内商品期市早盘收盘主力合约涨跌互现，截至11:30， 沪金涨超4%，棕榈油、沪铜等涨超3%，沪锡、沪银、豆油等涨超2%，沪锌、沪铝、沪镍、橡胶等涨超 1%。 ...

Report Industry Investment Rating No relevant content provided. Core View of the Report The report provides a comprehensive analysis of the precious metals, copper, aluminum, zinc, lead, nickel, stainless steel, industrial silicon, polysilicon, lithium carbonate, and tin markets. It takes into account factors such as market trends, supply and demand dynamics, policy impacts, and geopolitical risks, and offers corresponding trading strategies for each metal [3][4][6][8]. Summary by Related Catalogs Precious Metals - **Market Review**: London gold reached a new high of over $3,830 per ounce, closing up 1.97%. London silver hit a high of $47.174, closing up 1.9%. The Shanghai gold and silver futures also reached new highs [3]. - **Important Information**: The US government faces a shutdown crisis, which may affect economic data release and the Fed's October monetary policy decision. The probability of the Fed cutting interest rates in October is 89.8% [3][4]. - **Logic Analysis**: The US government shutdown risk and the expectation of interest rate cuts have increased market risk aversion, leading to a strong upward trend in precious metals. However, due to the approaching National Day holiday in China, it is advisable to reduce positions at high prices [4]. - **Trading Strategies**: Take profits at high prices before the holiday and hold light positions. Wait and see for arbitrage. Buy deep out - of - the - money call options or collar call options [4]. Copper - **Market Review**: The night - session of SHFE copper 2511 contract closed up 1.96%. LME copper closed down 2.19%. LME inventory decreased by 500 tons, while COMEX inventory increased by 923 tons [6]. - **Important Information**: The US government may shut down, and different Fed officials have different views on interest rates [6]. - **Logic Analysis**: The Grasberg accident has exacerbated the tightness of copper ore supply. Domestic production has declined, and consumption is weak. The long - term supply - demand structure has changed [8]. - **Trading Strategies**: Adopt a low - buying strategy for long positions. Hold off - market positive arbitrage positions. Wait and see for options [8]. Alumina - **Market Review**: The night - session of alumina 2601 contract fell. Spot prices in various regions declined [10]. - **Important Information**: Eight departments proposed to strengthen resource exploration and rationally layout alumina projects. The national alumina operating capacity increased, and the import price decreased [10][13]. - **Logic Analysis**: Policy impacts on capacity investment are limited. The import window is open, and the fundamentals are in surplus, so the price is expected to be weak [14]. - **Trading Strategies**: Expect the price to trend weakly. Wait and see for arbitrage and options [14][16]. Cast Aluminum Alloy - **Market Review**: The night - session of cast aluminum alloy 2511 contract rose. Spot prices remained flat [16]. - **Important Information**: Policies affected the recycled aluminum industry. The exchange's aluminum alloy warehouse receipts increased, and downstream enterprises had different holiday arrangements [18]. - **Logic Analysis**: The tight supply of scrap aluminum restricts raw material stocking. Downstream holidays are extended, and the price is expected to fluctuate narrowly [18]. - **Trading Strategies**: Expect the futures price to fluctuate with the aluminum price. Wait and see for arbitrage and options [19]. Electrolytic Aluminum - **Market Review**: The night - session of SHFE aluminum 2511 contract rose. Spot prices in various regions declined [21]. - **Important Information**: US economic data showed resilience. Chinese aluminum ingot inventory decreased, and photovoltaic installation declined. Downstream enterprises' holiday and procurement situations varied [22][23]. - **Logic Analysis**: US economic data affects interest rate cut expectations. Domestic inventory decreased, but consumption is not strong. The price is expected to fluctuate, and there may be inventory accumulation after the holiday [24]. - **Trading Strategies**: Expect the price to fluctuate in the short term. Wait and see for arbitrage and options [25]. Zinc - **Market Review**: LME zinc rose, and SHFE zinc rose. Spot premiums increased [26]. - **Important Information**: Domestic zinc inventory decreased, and a mining company obtained a new mining license [27]. - **Logic Analysis**: In October, domestic zinc concentrate production may decrease, and imports are expected to decline. Refined zinc supply may increase, and consumption is not expected to improve significantly. Overseas inventory reduction supports the price, but there are risks of overseas delivery [27][28]. - **Trading Strategies**: Control positions before the holiday. Wait and see for arbitrage and options [30]. Lead - **Market Review**: LME lead fell, and SHFE lead fell slightly. Spot prices declined, and downstream procurement was okay [32]. - **Important Information**: Lead inventory decreased, lead battery enterprise production was mixed, and the holiday may lead to a decline in production [32][33][35]. - **Logic Analysis**: The lead concentrate market is in tight balance, and scrap lead prices are likely to rise. Primary lead production may be affected by losses, while secondary lead production may increase. Consumption in the peak season is not as expected [35]. - **Trading Strategies**: Expect the price to fluctuate weakly. Wait and see for arbitrage and options [36]. Nickel - **Market Review**: LME nickel rose, and SHFE nickel rose. LME nickel inventory increased, and premiums of different brands changed [38]. - **Important Information**: Russian nickel entered the US market through Europe. Indonesia's actions affected the nickel price [38][40]. - **Logic Analysis**: Indonesia's actions drove a slight rebound in the nickel price. Downstream consumption is expected to be flat, and the supply is still in surplus. It is recommended to hold an empty position during the holiday [40]. - **Trading Strategies**: Expect a wide - range fluctuation. Wait and see for arbitrage and options [41][42]. Stainless Steel - **Market Review**: The main contract of stainless steel rose, and index positions decreased. Spot prices were in a certain range [42]. - **Important Information**: A Korean and a Chinese company will jointly build a stainless steel plant in Indonesia [42]. - **Logic Analysis**: Stainless steel followed the nickel price to rebound slightly. Supply pressure remains, but inventory is lower than last year, and the price is expected to fluctuate at a high level. It is recommended to hold an empty position during the holiday [44]. - **Trading Strategies**: Expect a wide - range fluctuation. Wait and see for arbitrage and options [44]. Industrial Silicon - **Market Review**: The industrial silicon futures fell, and some spot prices declined [46]. - **Important Information**: A silicon project started construction [46]. - **Logic Analysis**: The inventory structure is "low at both ends and high in the middle." The supply is not very sensitive to price changes. There are rumors of increased production, and the price may回调 in the short term and then can be bought [46]. - **Trading Strategies**: Expect a short - term callback and then buy. Sell out - of - the - money put options to take profits. No arbitrage opportunity [47]. Polysilicon - **Market Review**: The polysilicon futures fluctuated narrowly and fell slightly. Spot prices were stable [49]. - **Important Information**: The State - owned Assets Supervision and Administration Commission held a symposium [49]. - **Logic Analysis**: Spot prices are stable, but there are pressures on contract delivery and inventory accumulation. The price may回调 in the short term, and it is recommended to exit long positions and then re - enter after the holiday [49]. - **Trading Strategies**: Expect a short - term callback, exit long positions and re - enter after the holiday. Conduct reverse arbitrage between 2511 and 2512 contracts. Sell out - of - the - money put options to take profits [50]. Lithium Carbonate - **Market Review**: The main contract of lithium carbonate rose, and positions and warehouse receipts increased. Spot prices declined [52][53]. - **Important Information**: A lithium mining company modified a supply agreement, Tesla entered the Indian market, and a lithium project was put into production [53]. - **Logic Analysis**: October demand is strong, supply growth is narrowing, and inventory is decreasing. The price is expected to fluctuate during the holiday, and the situation may change after the holiday. It is recommended to hold an empty position [52][53][54]. - **Trading Strategies**: Expect a wide - range fluctuation. Wait and see for arbitrage. Sell out - of - the - money put options [55]. Tin - **Market Review**: SHFE tin rose, and spot prices declined. Consumption was weak [56]. - **Important Information**: The US government shutdown risk, Fed officials' views, and Indonesia's closure of illegal mining points affected the market [56][57]. - **Logic Analysis**: The US situation and Indonesia's actions affected the price. The tin concentrate supply is still tight, demand is weak, and inventory decreased. Attention should be paid to Myanmar's resumption of production and consumption recovery [57][59]. - **Trading Strategies**: Expect a short - term strong - side fluctuation, be cautious about Indonesia's event. Wait and see for options [59].

早盘速递 2025/9/30 热点资讯 1、中共中央政治局召开会议，研究制定国民经济和社会发展第十五个五年规划重大问题。会议决定，二十届四中全会于10月20 日至23日在北京召开。会议强调，"十五五"时期经济社会发展必须坚持高质量发展，以新发展理念引领发展，因地制宜发展 新质生产力，推动经济持续健康发展和社会全面进步；坚持全面深化改革，扩大高水平开放，持续增强发展动力和社会活力； 坚持有效市场和有为政府相结合，充分发挥市场在资源配置中的决定性作用，更好发挥政府作用；坚持统筹发展和安全，强化 底线思维，有效防范化解各类风险，以新安全格局保障新发展格局。 2、中国家用电器协会发布倡议，坚决反对各类不正当竞争行为。严守竞争底线，杜绝无序低价竞争，坚决不搞低于成本价倾销 。反对夸大和虚假宣传，在网络上贬低同行企业、误导消费者。 3、美国总统特朗普与以色列总理内塔尼亚胡举行双边会晤。特朗普称，内塔尼亚胡接受了他提出的加沙和平计划。根据该计 划，如果冲突双方同意，"战争将立即结束"。以色列军队将撤回到商定边界，为释放人质做准备。 接受本协议后，将立即向 加沙地带提供全额援助。协议要求加沙将由一个技术官僚、非政治性的巴勒斯 ...

Core Viewpoint - The recent surge in tin prices on the Shanghai Futures Exchange is driven by supply concerns following Indonesia's crackdown on illegal mining operations and slow recovery in Myanmar's tin production [1]. Group 1: Market Movements - Tin prices on the Shanghai Futures Exchange saw a significant increase, with the main contract rising nearly 4% before narrowing its gains, and continuing to show over 2% increase in early trading today [1]. - The market is currently experiencing high volatility, reflecting ongoing supply concerns [1]. Group 2: Supply Chain Developments - Indonesian President Prabowo Subianto ordered the closure of 1,000 illegal mining sites in Bangka-Belitung province, which is expected to tighten supply further [1]. - The slow recovery of tin production in Myanmar is contributing to a sustained tight supply situation in the market [1]. - Indonesia's efforts to combat illegal mining and smuggling are raising market apprehensions regarding future supply [1].

人民财讯9月29日电，国内商品期货夜盘开盘，燃油、原油、焦煤跌逾1%，焦炭、纸浆等小幅下跌；沪 锌、沪金、沪锡等上涨。 ...