1. Report Industry Investment Rating - No relevant information provided. 2. Core View of the Report - On Tuesday, polyolefins closed in the red. For linear LL and拉丝PP, both Sinopec and PetroChina kept their prices stable. Fundamentally, the game in the Middle East has increased, and oil prices have turned volatile. This week, attention should be paid to the latest developments in the US - Israel - Iran conflict. Currently, the macro - environment has a repeated impact on the chemical industry during trading. In the future, the actual operating conditions of the plants should be monitored. As for the polyolefin market itself, attention should be paid to the support of demand at lower levels [2]. 3. Summary According to Relevant Catalogs Futures Market - **LL Futures**: The previous day's closing prices for January, May, and September contracts were 8107, 8614, and 8465 respectively, down 206, 190, and 219 from two days ago, with percentage drops of - 2.48%, - 2.16%, and - 2.52%. The trading volumes were 10981, 830040, and 347706, and the open interests were 17668, 299225, and 197249, with changes of 2434, - 24962, and 6979. The current spreads of January - May, May - September, and September - January were - 507, 149, and 358, compared to - 491, 120, and 371 previously [2]. - **PP Futures**: The previous day's closing prices for January, May, and September contracts were 8268, 9103, and 8737 respectively, down 191, 166, and 194 from two days ago, with percentage drops of - 2.26%, - 1.79%, and - 2.17%. The trading volumes were 9657, 912841, and 307687, and the open interests were 24235, 319551, and 212327, with changes of 2396, - 18026, and 1163. The current spreads of January - May, May - September, and September - January were - 835, 366, and 469, compared to - 810, 338, and 472 previously [2]. Raw Materials and Spot Market - **Raw Materials**: The current prices of methanol futures, Shandong propylene, South China propane, PP recycled materials, North China powder, and mulch film were 3235 yuan/ton, 8750 yuan/ton, 1111 US dollars/ton, 5600 yuan/ton, 8930 yuan/ton, and 9000 yuan/ton respectively, compared to 3314 yuan/ton, 8770 yuan/ton, 1070 US dollars/ton, 5600 yuan/ton, 9160 yuan/ton, and 9000 yuan/ton previously [2]. - **Spot Market**: The current prices of LL in the East China, North China, and South China markets were 8650 - 9700 yuan/ton, 8550 - 9700 yuan/ton, and 8750 - 9600 yuan/ton respectively, compared to 8850 - 9700 yuan/ton, 8700 - 9800 (also 8100 - 8250), and 9000 - 9700 yuan/ton previously. The current prices of PP in the East China, North China, and South China markets were 8900 - 9200 yuan/ton, 8950 - 9150 yuan/ton, and 9100 - 9600 yuan/ton respectively, compared to 9150 - 9400 yuan/ton, 9150 - 9300 yuan/ton, and 9500 - 9650 yuan/ton previously [2]. News - On Tuesday (March 31), the settlement price of West Texas Intermediate crude oil futures for May 2026 on the New York Mercantile Exchange was $101.38 per barrel, down $1.50 or 1.46% from the previous trading day, with a trading range of $99.62 - $106.86. The settlement price of Brent crude oil futures for May 2026 on the London Intercontinental Exchange was $118.35 per barrel, up $5.57 or 4.94% from the previous trading day, with a trading range of $111.35 - $119.24 [2].

1. Report Industry Investment Rating No relevant content provided 2. Core Viewpoints - The report holds a view that the methanol futures market will show a trend of oscillating with a slightly upward bias both in the short - term and medium - term. It is expected that the methanol futures will maintain this trend on Wednesday [1][5] 3. Summary by Related Catalogs 3.1 Price Trend and Viewpoint - For the methanol 2605 contract, the short - term, medium - term, and intraday trends are all considered to be slightly upward, with an overall view of oscillating with a slightly upward bias [1] 3.2 Core Logic - The US has been taking actions such as deploying troops to the Middle East and sending signals of peace talks with Iran. However, over the weekend, there were continuous military conflicts between the US, Israel and Iran, with attacks on each other's important facilities. Despite the diminishing marginal effect of positive factors, the domestic methanol futures maintained an oscillating and slightly upward trend in the night session on Monday, and are expected to continue the same on Wednesday [5]

Report Industry Investment Rating No information provided in the given content. Core Viewpoints of the Report - Through macro - fundamental and technical analysis, the report predicts the trend, resistance, and support levels of various futures contracts in April 2026 [2]. - The report also analyzes the market performance of various futures on March 31, 2026, and provides short - term and long - term trend predictions for April 1, 2026, and the whole month of April 2026 [13][18]. Summary by Related Catalogs 1. Macro Information and Trading Tips - The US, Iran, and other countries have expressed their stances on the end of the war. The US is seeking an agreement to end the war, and Iran is willing to end the war under certain conditions [5]. - China's Minister of Foreign Affairs Wang Yi and Pakistan's Deputy Prime Minister and Minister of Foreign Affairs Dar held talks and put forward five initiatives on the situation in the Gulf and the Middle East [6]. - The central bank's monetary policy committee proposed to use various policy tools to strengthen monetary policy regulation and maintain the stable operation of the financial market [7]. - China's economic sentiment has rebounded, with the manufacturing, non - manufacturing, and comprehensive PMI output indices all returning to the expansion range [7]. - The total operating income of state - owned enterprises from January to February increased slightly year - on - year, while the total profit decreased. The asset - liability ratio increased [7]. - A number of national new regulations will be implemented from April [8]. - The Iran war may cause significant losses to the GDP of Arab countries, increase unemployment, and push more people into poverty. High - end estimates show that the GDP of some countries may shrink [8]. - The US may make a decision on NATO's future after the end of the military operation against Iran [8]. - Some Gulf countries hope that the US will continue the war against Iran, and Iran has warned against a possible US ground war [9]. - The US and Israel launched an attack on an Iranian steel plant [9]. - The Kansas Fed President warned about the impact of the Iran conflict on inflation [9]. - A US federal judge ruled that the Trump administration's termination of the legal status of hundreds of thousands of immigrants was illegal and required the restoration of their status [9]. - NASA announced the countdown to the launch of the "Artemis 2" mission [10]. - The US consumer confidence index rose in March, and inflation expectations increased [10]. - The eurozone's CPI increased in March, and the European Central Bank may raise interest rates in April [10] 2. Commodity Futures - related Information - On March 31, international precious metal futures generally rose, with COMEX gold futures up 3.12% and COMEX silver futures up 6.77% [10]. - On March 31, US oil and Brent oil futures fell. The increase in US API crude oil inventories led to concerns about oversupply [11]. - The average price of regular gasoline in the US reached a nearly 4 - year high [12]. - On March 31, most London base metals rose [12]. - On March 31, the on - shore RMB against the US dollar rose, and the RMB central parity rate against the US dollar was raised [12]. - On March 31, the US dollar index fell, and most non - US currencies rose [13] 3. Futures Market Analysis and Forecast 3.1 Stock Index Futures - On March 31, the main contracts of stock index futures such as IF2606, IH2606, IC2606, and IM2606 generally showed a downward trend. They faced resistance when rebounding and had increased downward pressure in the short term [13][14][15]. - In April 2026, these contracts are expected to be in a weak - oscillating trend, with specific support and resistance levels provided [18]. - On April 1, 2026, stock index futures are expected to be in a strong - oscillating trend, with corresponding support and resistance levels [18] 3.2 Precious Metal Futures - **Gold Futures**: On March 31, the main contract AU2606 showed a slightly strong - oscillating trend. In April 2026, the main continuous contract is expected to be in a wide - oscillating trend. On April 1, 2026, it is expected to be in a strong - oscillating trend [30]. - **Silver Futures**: On March 31, the main contract AG2606 showed a strong - oscillating upward trend. In April 2026, the main continuous contract is expected to be in a wide - oscillating trend. On April 1, 2026, it is expected to be in a strong - oscillating trend [38] 3.3 Base Metal Futures - **Copper Futures**: On March 31, the main contract CU2605 showed a slightly weak - oscillating downward trend. In April 2026, the main continuous contract is expected to be in a weak - oscillating trend. On April 1, 2026, it is expected to be in a strong - oscillating trend [42]. - **Aluminum Futures**: On March 31, the main contract AL2605 showed an oscillating upward trend. In April 2026, the main continuous contract is expected to be in a strong - wide - oscillating trend. On April 1, 2026, it is expected to be in a strong - oscillating trend [48]. - **Alumina Futures**: On March 31, the main contract AO2605 showed a weak - oscillating downward trend. In April 2026, both AO2605 and AO2609 are expected to be in a strong - oscillating trend [55]. - **Carbonate Lithium Futures**: On March 31, the main contract LC2605 showed a significant downward trend. In April 2026, the main continuous contract is expected to be in a weak - wide - oscillating trend. On April 1, 2026, it is expected to be in a wide - oscillating trend [56] 3.4 Building Material Futures - **Rebar Futures**: On March 31, the main contract RB2605 showed a slightly downward trend. In April 2026, both RB2605 and RB2610 are expected to be in a strong - wide - oscillating trend [63]. - **Iron Ore Futures**: On March 31, the main contract I2605 showed a downward trend. In April 2026, both I2605 and I2609 are expected to be in a strong - oscillating trend. On April 1, 2026, I2605 is expected to be in a strong - oscillating trend [65][66]. - **Coking Coal Futures**: On March 31, the main contract JM2605 showed a significant downward trend. In April 2026, both JM2605 and JM2609 are expected to be in a strong - oscillating trend [72]. - **Glass Futures**: On March 31, the main contract FG605 showed a weak - oscillating downward trend. In April 2026, both FG605 and FG609 are expected to be in a weak - wide - oscillating trend [76]. - **Soda Ash Futures**: On March 31, the main contract SA605 showed a weak - oscillating downward trend. In April 2026, both SA605 and SA609 are expected to be in a weak - wide - oscillating trend [80] 3.5 Energy Futures - **Crude Oil Futures**: On March 31, the main contract SC2605 showed a weak - oscillating downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend and may reach a new high. On April 1, 2026, it is expected to be in a weak - oscillating trend [85]. - **Fuel Oil Futures**: On March 31, the main contract FU2605 showed a weak - oscillating downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend and may reach a new high [89]. - **Asphalt Futures**: On March 31, the main contract BU2606 showed a slightly weak - oscillating trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend [91] 3.6 Chemical Futures - **Linear Low - Density Polyethylene Futures**: On March 31, the main contract L2605 showed a weak - oscillating downward trend. In April 2026, it is expected to be in a strong - oscillating trend. On April 1, 2026, it is expected to be in a weak - oscillating trend [93]. - **Polypropylene Futures**: On March 31, the main contract PP2605 showed a downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend. On April 1, 2026, it is expected to be in a weak - oscillating trend [98][99]. - **Styrene Futures**: On March 31, the main contract EB2605 showed a downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend and may reach a new high. On April 1, 2026, it is expected to be in a weak - oscillating trend [104]. - **PTA Futures**: On March 31, the main contract TA605 showed a downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend. On April 1, 2026, it is expected to be in a weak - oscillating trend [109]. - **PVC Futures**: On March 31, the main contract V2605 showed a weak - oscillating downward trend. In April 2026, the main continuous contract is expected to be in a wide - oscillating trend. On April 1, 2026, it is expected to be in a wide - oscillating trend [114]. - **Methanol Futures**: On March 31, the main contract MA605 showed a weak - oscillating downward trend. In April 2026, the main continuous contract is expected to be in a strong - oscillating trend. On April 1, 2026, it is expected to be in a weak - oscillating trend [119][120]. - **Ethylene Glycol Futures**: On March 31, the main contract EG2605 showed a weak - oscillating downward trend. On April 1, 2026, it is expected to be in a weak - oscillating trend [125]. - **Butadiene Futures**: On March 31, the main contract BR2605 showed a weak - oscillating downward trend. On April 1, 2026, it is expected to be in a strong - oscillating trend [128]

1. Report Industry Investment Rating No information provided in the report. 2. Core Viewpoints of the Report - Through macro - fundamental and technical analysis, the report predicts the trend of various futures contracts in March 2026 and on March 31, 2026. Index futures are expected to be weakly volatile, while lithium carbonate, crude oil, fuel oil, asphalt, polypropylene, styrene, and ethylene glycol futures are expected to be strongly volatile [1][2]. - The report also analyzes the impact of macro - news and market conditions on the futures market, such as the geopolitical situation in the Middle East, Fed's interest - rate policies, and domestic and international economic policies [5][6][7]. 3. Summary by Relevant Catalogs 3.1 Futures Market Overview - On March 30, 2026, the A - share market bottomed out and rebounded, with the non - ferrous metal sector surging and power stocks slumping. The Shanghai Composite Index rose 0.24%, while the Shenzhen Component Index fell 0.25%, and the ChiNext Index fell 0.68%. The Hong Kong Hang Seng Index fell 0.81%, and the Hang Seng Tech Index hit a new low since early April last year [14]. - The U.S. three major stock indexes closed mixed on March 30, 2026. The Dow Jones Industrial Average rose 0.11%, the S&P 500 Index fell 0.39%, and the Nasdaq Composite Index fell 0.73%. European three major stock indexes closed up across the board [15]. 3.2 Macro - news - The G7 energy ministers, finance ministers, and central bank governors held a meeting to assess the impact of the Middle East situation on the energy market, global economy, and financial stability, and were prepared to take coordinated actions if necessary [9]. - The U.S. and Iran's negotiation progress was volatile, and the Fed's interest - rate cut expectations and policy uncertainties increased, which affected the market sentiment [15]. 3.3 Futures Contracts Analysis 3.3.1 Index Futures - On March 30, 2026, the four major index futures contracts (IF2606, IH2606, IC2606, IM2606) generally showed a weakly volatile trend. In March 2026, they are expected to be weakly volatile, and on March 31, 2026, they are likely to continue this trend [11][12][13][15][16]. 3.3.2 Precious Metal Futures - Gold futures: On March 30, 2026, the gold futures main contract AU2606 oscillated upward. In March 2026, it is expected to be weakly volatile, and on March 31, 2026, it is likely to oscillate and consolidate [30]. - Silver futures: On March 30, 2026, the silver futures main contract AG2606 oscillated upward. In March 2026, it is expected to be weakly volatile, and on March 31, 2026, it is likely to oscillate and consolidate [38]. 3.3.3 Base Metal Futures - Copper futures: On March 30, 2026, the copper futures main contract CU2605 was weakly volatile. In March 2026, it is expected to be weakly volatile, and on March 31, 2026, it is likely to be weakly volatile [42]. - Aluminum futures: On March 30, 2026, the aluminum futures main contract AL2605 oscillated upward strongly. In March 2026, it is expected to have a wide - range oscillation, and on March 31, 2026, it is likely to oscillate and consolidate [46]. - Tin futures: On March 30, 2026, the tin futures main contract SN2605 oscillated upward strongly. In March 2026, it is expected to be weakly volatile, and on March 31, 2026, it is likely to oscillate and consolidate [51]. 3.3.4 Energy and Chemical Futures - Crude oil futures: On March 30, 2026, the crude oil futures main contract SC2605 oscillated upward strongly. In March 2026, it is expected to be strongly volatile and may hit a new high since listing, and on March 31, 2026, it is likely to be strongly volatile [85]. - Fuel oil futures: On March 30, 2026, the fuel oil futures main contract FU2605 oscillated upward strongly. In March 2026, it is expected to be strongly volatile and may hit a new high since listing, and on March 31, 2026, it is likely to be strongly volatile [90]. - Asphalt futures: On March 30, 2026, the asphalt futures main contract BU2606 was weakly volatile. In March 2026, it is expected to be strongly volatile, and on March 31, 2026, it is likely to be strongly volatile [94]. - Polypropylene, linear low - density polyethylene, PTA, PVC, methanol, ethylene glycol, etc.: These futures contracts have different trends on March 30, 2026, and are generally expected to be strongly volatile in March 2026 and have corresponding trends on March 31, 2026 [99][103][112][117][121][126]. 3.3.5 Agricultural Futures - Palm oil futures: On March 30, 2026, the palm oil futures main contract P2605 oscillated upward. On March 31, 2026, it is likely to be strongly volatile [130].

Group 1: Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. Group 2: Report Core View - On Monday, polyolefins opened higher and then declined. For linear LL, Sinopec kept prices stable, and some prices of PetroChina remained stable. For拉丝PP, both Sinopec and PetroChina kept prices stable. From a fundamental perspective, the game in the Middle East has increased, and oil prices have turned volatile. This week, attention should be paid to the latest developments of the US - Israel - Iran conflict. Currently, the macro - environment has a repeated impact on the chemical industry during trading. In the future, attention should be paid to the actual start - up situation of the plants. At this stage of the polyolefin market, attention should be paid to the support of demand at the lower level [2]. Group 3: Summary by Relevant Catalog Futures Market - **Price and Change**: For LL, the previous day's closing prices for January, May, and September contracts were 8313, 8804, and 8684 respectively, with price drops of - 103, - 64, and - 55 and percentage drops of - 1.22%, - 0.72%, and - 0.63% respectively. For PP, the previous day's closing prices for January, May, and September contracts were 8459, 9269, and 8931 respectively, with price drops of - 77, - 44, and - 49 and percentage drops of - 0.90%, - 0.47%, and - 0.55% respectively [2]. - **Volume and Position**: For LL, the trading volumes for January, May, and September contracts were 9908, 890738, and 351294 respectively, and the positions were 15234, 324187, and 190270 respectively, with position changes of 1576, - 2555, and 2476 respectively. For PP, the trading volumes for January, May, and September contracts were 7273, 1032463, and 345405 respectively, and the positions were 21839, 337577, and 211164 respectively, with position changes of 1281, - 19730, and - 6088 respectively [2]. - **Spread**: For LL, the current spreads of January - May, May - September, and September - January were - 491, 120, and 371 respectively, compared with previous values of - 452, 129, and 323. For PP, the current spreads of January - May, May - September, and September - January were - 810, 338, and 472 respectively, compared with previous values of - 777, 333, and 444 [2]. Spot Market - **Raw Materials**: The current prices of methanol futures, Shandong propylene, South China propane, PP recycled materials, North China powder, and mulch film were 3314 yuan/ton, 8770 yuan/ton, 1070 dollars/ton, 5600 yuan/ton, 9160 yuan/ton, and 9600 yuan/ton respectively, compared with previous values of 3295 yuan/ton, 8300 yuan/ton, 1054 dollars/ton, 5600 yuan/ton, 8820 yuan/ton, and 9600 yuan/ton [2]. - **Mid - stream**: For LL, the current price ranges in the East China, North China, and South China markets were 8850 - 9700 yuan/ton, 8700 - 9800 yuan/ton, and 9000 - 9700 yuan/ton respectively. For PP, the current price ranges in the East China, North China, and South China markets were 9150 - 9400 yuan/ton, 9150 - 9300 yuan/ton, and 9500 - 9650 yuan/ton respectively [2]. News - On Friday (March 27), the settlement price of West Texas Intermediate crude oil futures for May 2026 on the New York Mercantile Exchange was $99.64 per barrel, the highest since July 20, 2022, up $5.16 or 5.46% from the previous trading day, with a trading range of $92.08 - $101.24. The settlement price of Brent crude oil futures for May 2026 on the London Intercontinental Exchange was $112.57 per barrel, the highest since July 4, 2022, up $4.56 or 4.22% from the previous trading day, with a trading range of $105.09 - $114.88 [2].

Report Summary 1. Report Industry Investment Rating No information provided in the content. 2. Core View No clear core view presented in the content. The report mainly provides daily arbitrage data for various futures varieties on March 31, 2026. 3. Summary by Directory I. Thermal Coal - The report shows the basis and spread data of thermal coal from March 24 to March 30, 2026. The basis values were -50.4, -45.4, -41.4, -40.4, -40.4 respectively, and the spreads (5 - 1, 9 - 1, 9 - 5) were all 0.0 during this period [2]. II. Energy and Chemicals - **Energy Commodities**: It includes basis data of fuel oil, crude oil, and asphalt from March 24 to March 30, 2026. For example, the basis of INE crude oil on March 30 was 540.36, and the ratio of crude oil to asphalt was 0.1641 [8]. - **Chemical Commodities**: - **Basis**: The basis data of rubber, methanol, PTA, LLDPE, V, and PP from March 24 to March 30, 2026 are presented. For instance, the basis of rubber on March 30 was -190 [10]. - **Inter - period Spreads**: The spreads of 5 - 1, 9 - 1, and 9 - 5 for rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are given. For example, the 5 - 1 spread of rubber was -800 [11]. - **Inter - variety Spreads**: The spreads of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3 * methanol from March 24 to March 30, 2026 are provided. For example, the LLDPE - PVC spread on March 30 was 3360 [11]. III. Black Metals - **Basis**: The basis data of rebar, iron ore, coke, and coking coal from March 24 to March 30, 2026 are shown. For example, the basis of rebar on March 30 was 111.0 [20][21]. - **Inter - period Spreads**: The spreads of 5 - 1, 9(10) - 1, and 9(10) - 5 for rebar, iron ore, coke, and coking coal are presented. For example, the 5 - 1 spread of rebar was -44.0 [20]. - **Inter - variety Spreads**: The ratios of rebar to iron ore, rebar to coke, coke to coking coal, and the spread of rebar - hot rolled coil from March 24 to March 30, 2026 are provided. For example, the rebar to iron ore ratio on March 30 was 3.85 [20]. IV. Non - ferrous Metals - **Domestic Market**: The domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from March 24 to March 30, 2026 are given. For example, the basis of copper on March 30 was -380 [30]. - **London Market**: The LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss data of copper, aluminum, zinc, lead, nickel, and tin on March 30, 2026 are presented. For example, the LME spread of copper was (82.55) [33]. V. Agricultural Products - **Basis**: The basis data of soybeans, soybean meal, soybean oil, corn, etc. from March 24 to March 30, 2026 are shown. For example, the basis of soybeans on March 30 was 6 [40]. - **Inter - period Spreads**: The spreads of 5 - 1, 9 - 1, and 9 - 5 for various agricultural products are provided. For example, the 5 - 1 spread of soybeans was -54 [40]. - **Inter - variety Spreads**: The ratios and spreads of various agricultural products from March 24 to March 30, 2026 are presented. For example, the ratio of soybeans to corn on March 30 was 1.94 [40]. VI. Stock Index Futures - **Basis**: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from March 24 to March 30, 2026 are given. For example, the basis of CSI 300 on March 30 was 77.95 [51]. - **Inter - period Spreads**: The spreads of next - month to current - month and next - quarter to current - quarter for CSI 300, SSE 50, CSI 500, and CSI 1000 are provided. For example, the next - month to current - month spread of CSI 300 was -19.8 [51].

Group 1: Report Industry Investment Rating - Not provided Group 2: Core Views of the Report - The short - term, medium - term, and intraday views on methanol 2605 are all "shock and slightly stronger". The core logic is that the recent geopolitical situation has escalated, with the US taking actions in the Middle East and the US - Iran military conflicts over the weekend. The international crude oil futures have significantly rebounded, and the domestic methanol futures maintained an upward trend on the night of last Friday, so it is expected that the methanol futures may maintain a shock - slightly - stronger trend on Monday [1][5] Group 3: Summary by Relevant Catalog Methanol (MA) - **Price Trend Views**: Short - term view is slightly stronger, medium - term view is slightly stronger, intraday view is slightly stronger, and the reference view is shock and slightly stronger [1][5] - **Core Logic**: The US is taking actions in the Middle East, Trump is trying to ease the financial market tension. The US - Iran military conflicts over the weekend led to a significant rebound in international crude oil futures. Supported by the positive atmosphere, the domestic methanol futures maintained an upward trend on the night of last Friday, and it is expected to be shock and slightly stronger on Monday [5]

1. Report Industry Investment Rating There is no information about the report industry investment rating in the provided content. 2. Core Viewpoints of the Report - Through macro - fundamental and technical analysis, the report predicts the trends of various futures contracts on March 30, 2026, and the overall trends in March 2026. Index futures are expected to be weak and volatile, while aluminum, lithium carbonate, crude oil, fuel oil, asphalt, polypropylene, styrene, p - xylene, methanol, and ethylene glycol futures are expected to be strong and volatile. Silver, platinum, and palladium futures are expected to be weak and volatile [1][2]. - The report also provides macro - news and trading tips, including government policies, international relations, and economic data, which may affect the futures market [7]. - Analyzes the market performance of various futures on March 27, 2026, and provides support and resistance levels for each futures contract [21]. 3. Summary by Relevant Catalogs 3.1 Futures Market Forecast - **March 30, 2026 Forecast** - Index futures (IF2606, IH2606, IC2606, IM2606) are expected to be weak and volatile, with specific support and resistance levels provided [2][27]. - Ten - year and thirty - year treasury bond futures are expected to be strong and volatile, with corresponding support and resistance levels [2][45][48]. - Gold, silver, platinum, and palladium futures are expected to be weak and volatile, with support and resistance levels [2][55][67][72][77]. - Copper, zinc, nickel, and tin futures have different trends, with support and resistance levels [2][81][96][100][104]. - Aluminum, alumina, and lithium carbonate futures are expected to be strong and volatile, with support and resistance levels [2][87][91][108]. - Steel - related futures (rebar, hot - rolled coil, iron ore, coking coal) have different trends, with support and resistance levels [2][113][115][118][124]. - Glass and soda ash futures are expected to be weak and volatile, with support and resistance levels [2][127][134]. - Crude oil, fuel oil, and asphalt futures are expected to be strong and volatile, with support and resistance levels [2][140][145][149]. - Polyethylene, polypropylene, styrene, PTA, p - xylene, PVC, methanol, ethylene glycol, butadiene, and soybean meal futures are expected to be strong and volatile, with support and resistance levels [2][152][159][164][169][172][175][180][185][188][189]. - **March 2026 Forecast** - Index futures (IF2606, IH2606, IC2606, IM2606) are expected to be weak and volatile, with specific support and resistance levels [5]. - Gold, silver, platinum, and palladium futures are expected to be weak and volatile, with support and resistance levels [5][55][67][72][77]. - Copper, zinc, nickel, and tin futures are expected to be weak and volatile, with support and resistance levels [5][81][96][100][104]. - Aluminum and lithium carbonate futures are expected to have wide - range oscillations, with support and resistance levels [5][87][108]. - Alumina, iron ore, coking coal, and soda ash futures are expected to be strong and volatile, with support and resistance levels [5][91][118][124][134]. - Glass futures are expected to be weak and have wide - range oscillations, with support and resistance levels [5][127]. - Crude oil, fuel oil, and asphalt futures are expected to be strong and volatile, with support and resistance levels, and crude oil and fuel oil may hit new highs [5][140][145][149]. - Polyethylene, polypropylene, styrene, PTA, PVC, and methanol futures are expected to be strong and volatile, with support and resistance levels [5][152][159][164][169][175][180]. 3.2 Macro - news and Trading Tips - Government policies include promoting service industry development, establishing trade and investment working groups between China and the EU, and launching trade barrier investigations against the US [7]. - International relations involve the Iran - US - Israel conflict, including military actions, peace - negotiation efforts, and the impact on the Middle East situation [9][10][11]. - Economic data shows that from January to February, the total profit of industrial enterprises above designated size in China increased by 15.2% year - on - year, and the profit of high - tech manufacturing increased by 58.7% [7]. 3.3 Futures Market Analysis on March 27, 2026 - Index futures (IF2606, IH2606, IC2606, IM2606) had different opening prices, showed upward trends after opening, and had specific closing prices and price ranges [21][22]. - Treasury bond futures (T2606, TL2606) had different opening prices, showed different trends, and had specific closing prices and price ranges [44][47]. - Gold, silver, platinum, and palladium futures had different opening prices, showed upward trends after opening, and had specific closing prices and price ranges [50][67][72][77]. - Copper, aluminum, alumina, zinc, nickel, and tin futures had different opening prices, showed different trends, and had specific closing prices and price ranges [81][86][91][96][100][104]. - Steel - related futures (rebar, hot - rolled coil, iron ore, coking coal) had different opening prices, showed different trends, and had specific closing prices and price ranges [113][115][118][123]. - Glass and soda ash futures had different opening prices, showed different trends, and had specific closing prices and price ranges [127][134]. - Crude oil, fuel oil, and asphalt futures had different opening prices, showed different trends, and had specific closing prices and price ranges [138][145][148]. - Polyethylene, polypropylene, styrene, PTA, p - xylene, PVC, methanol, ethylene glycol, butadiene, and soybean meal futures had different opening prices, showed different trends, and had specific closing prices and price ranges [152][158][164][169][172][175][179][185][188][189].

1. Report Industry Investment Rating - No information provided in the report 2. Core View of the Report - The report presents the daily arbitrage data of various futures varieties on March 30, 2026, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures, covering aspects such as basis, inter - period spreads, and inter - variety spreads [1][6][23][29][40][51] 3. Summary by Directory 3.1 Power Coal - The report shows the basis and inter - period spreads of power coal from March 23 to March 27, 2026. The basis values are - 58.4, - 50.4, - 45.4, - 41.4, and - 40.4 respectively, and the inter - period spreads (5 - 1, 9 - 1, 9 - 5) are all 0 [1][2] 3.2 Energy Chemicals 3.2.1 Energy Commodities - From March 23 to March 27, 2026, the basis of INE crude oil is 339.44, 345.10, 259.80, 50.55, and 105.35 respectively; the basis of fuel oil is 374.15, 208.78, 103.65, 222.50, and 151.50 respectively; the crude oil / asphalt ratio is 0.1762, 0.1686, 0.1668, 0.1624, and 0.1641 respectively [7] 3.2.2 Chemical Commodities - Inter - period spreads: For rubber, 5 - 1 is - 820, 9 - 1 is - 765, 9 - 5 is 55; for methanol, 5 - 1 is 369, 9 - 1 is 107, 9 - 5 is - 262; etc. - Inter - variety spreads: For example, on March 27, 2026, LLDPE - PVC is 3187, LLDPE - PP is - 428, etc. - Basis: The basis data of rubber, methanol, PTA, etc. from March 23 to March 27, 2026 are provided [11][12] 3.3 Black Metals - Inter - period spreads: For example, for rebar, 5 - 1 is - 51.0, 9(10) - 1 is - 24.0, 9(10) - 5 is 27.0; for iron ore, 5 - 1 is 45.5, 9(10) - 1 is 19.5, 9(10) - 5 is - 26.0 - Inter - variety spreads: On March 27, 2026, the rebar / iron ore ratio is 3.84, the rebar / coke ratio is 1.7834, etc. - Basis: The basis data of rebar, iron ore, coke, and coking coal from March 23 to March 27, 2026 are provided [22][23] 3.4 Non - Ferrous Metals 3.4.1 Domestic Market - The domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from March 23 to March 27, 2026 are presented, such as - 380 for copper on March 27, 2026 [32] 3.4.2 London Market - On March 27, 2026, the LME spreads of copper, aluminum, zinc, etc. are provided, along with the Shanghai - London ratio, CIF, domestic spot price, and import profit and loss [35] 3.5 Agricultural Products - Basis: The basis data of soybeans, soybean meal, soybean oil, etc. from March 23 to March 27, 2026 are given, such as 27 for soybeans on March 27, 2026 - Inter - period spreads: For example, for soybeans, 5 - 1 is - 50, 9 - 1 is - 6, 9 - 5 is 44 - Inter - variety spreads: On March 27, 2026, the soybean / corn ratio is 1.93, the soybean oil / soybean meal ratio is 2.95, etc. [41] 3.6 Stock Index Futures - Basis: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from March 23 to March 27, 2026 are provided, such as 75.17 for CSI 300 on March 27, 2026 - Inter - period spreads: For CSI 300, the next - month - current - month spread is - 19.0, the next - quarter - current - quarter spread is - 81.8; for SSE 50, the next - month - current - month spread is - 4.2, the next - quarter - current - quarter spread is - 40.4; etc. [52]

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - Based on weekly technical indicator signals, different sectors of commodity and financial futures show various trends. In the commodity futures, precious metals, non - ferrous metals, black and shipping, energy, chemical, and agricultural product sectors have different signals of rising, falling, or oscillation. In the financial futures, stock index futures mostly show bearish signals, while treasury bond futures show an oscillatory trend [1][2] 3. Summary by Directory 3.1有色及贵金属板块 - Precious metals: Gold shows a bearish signal, and silver shows an oscillatory signal. Non - ferrous metals: Zinc, industrial silicon, and lithium carbonate show bullish signals, aluminum shows a bearish signal, and the rest show oscillatory signals. For example, Shanghai Aluminum is expected to oscillate in the short - term, with a weekly "umbrella line" but no reversal, a shrinking MACD red column, and a narrowing Bollinger Band [9][10][13] 3.2黑色及航运板块 - Hot - rolled coil, coking coal, and manganese silicon show bullish signals, and the rest, including European container shipping, show oscillatory signals. For example, rebar is expected to oscillate in the short - term, with a flat weekly line, a MACD death - cross above the zero - axis on the daily line, and the price touching the MA60 [18][19][24] 3.3能源及化工板块 - In the energy sector, crude oil, asphalt, and LPG show bullish signals, while fuel oil and low - sulfur fuel oil show oscillatory signals. In the chemical sector, soda ash, 20 - rubber, methanol, PTA, etc. show bullish signals, and the rest show oscillatory signals. For example, pulp is expected to oscillate in the short - term, with a bearish monthly line, weakening upward momentum on the weekly line, and a MACD running below the zero - axis on the daily line [31][32][35] 3.4农产品板块 - Soybean oil, sugar, soybean No. 2, palm oil, rapeseed oil, eggs, and red dates show bullish signals, soybean No. 1, rapeseed meal, and apples show bearish signals, and the rest show oscillatory signals. For example, corn is expected to oscillate in the short - term, with a bullish weekly line but a shrinking red column and a MACD green column expanding on the daily line [40][41][45] 3.5股指期货板块 - Shanghai 50, CSI 500, CSI 1000, and SSE 300 stock index futures all show bearish signals. For example, IC CSI 500 futures and IF SSE 300 futures are expected to oscillate in the short - term [50][51][53] 3.6国债期货板块 - 2 - year, 5 - year, 10 - year, and 30 - year treasury bond futures all show oscillatory signals. For example, the 10 - year treasury bond futures are expected to oscillate and repair in the short - term, and the 2 - year treasury bond futures are expected to oscillate in the short - term [62][63][66]