商品研究晨报
观点与策略 黄金：FOMC会议继释放鹰派信号.............................................................................................................................................3白银：2024年降息预期调降.........................................................................................................................................................3铜：海外持续累库，压制价格......................................................................................................................................................5铝：日盘坚挺，隔夜略承压...........................................................................................................................................................7氧化铝：窄幅横盘.............................................................................................................................................................................7锌：高位盘整......................................................................................................................................................................................9铅：短期回调，中期仍需关注成本...........................................................................................................................................11镍：弱势预期兑现，库存延续累增...........................................................................................................................................13不锈钢：供需弹性施压，关注下方成本..................................................................................................................................13锡：震荡回落....................................................................................................................................................................................15工业硅：震荡偏弱，关注库存演变...........................................................................................................................................17碳酸锂：止跌反弹...........................................................................................................................................................................19铁矿石：高位震荡...........................................................................................................................................................................21螺纹钢：供需双弱，震荡思路....................................................................................................................................................23热轧卷板：库存压力仍存，偏弱震荡......................................................................................................................................23硅铁：产业驱动不足，高位承压...............................................................................................................................................25锰硅：顶部压力渐显，弱势震荡...............................................................................................................................................25焦炭：高位震荡................................................................................................................................................................................27焦煤：高位震荡................................................................................................................................................................................27动力煤：供应扰动延续，高位震荡...........................................................................................................................................29集运指数（欧线）：需求疲软，弱势运行...............................................................................................................................31玻璃：市场逐步走弱......................................................................................................................................................................33PTA：多LU空PTA..........................................................................................................................................................................34MEG：压力边际改善，正套，多MEG空PTA......................................................................................................................34对二甲苯：短期估值高，多LU空PX......................................................................................................................................37橡胶：震荡偏弱................................................................................................................................................................................38合成橡胶：现货高价成交乏力，偏弱运行.............................................................................................................................40沥青：去库延续，估值乏力.........................................................................................................................................................42LLDPE：回调整理.............................................................................................................................................................................44PP:短线不追空中期调整未结束...........................................................................................................................................
