
OPEC+ 20111290 Z0000505 F03103098 F03118352 1..........................................................................................................................12....................................................................................................23................................................................................164.......................................................................................225...................................................................................29 2.1.11..............................................................................................22.1.12..............................................................................................32.1.1...................................................................................52.1.2.....................................................................62.2.3...............................................................................72.2.4.......................................................................................72.2.5............................................................................82.2.6...................................................................................82.2.7.............................92.2.8.................................................................................102.2.9...............................................................................................102.3.1.............................................................................122.3.1...............................................................122.3.2..........................................................................132.3.2...............................................................132.3.3............................................................................................142.3.4.................................................................................143.1.1M1PPI...........................................................................................173.1.2...................................................................................................183.2.1PMI...........................................................................................193.2.2.............................................................................203.2.3..............................................................................................................214.1................................................................................224.1..................................................................22 4.2......................................................................................................234.3......................................................................................................244.4......................................................................................................254.5..................................................................................................264.6......................................................................................................27 1 20046 120239 3020 2061 2004GDP 2 2.1 20236 1,,, 12 PVCLPG7.57%5.95%2022 202.1.2 2.2 2023 789789 9 2023 2023 7897889 44202340411.54%39.88%32.75%31.11%-1.49%-0.88%-0.74% 442023 2.3 /CRBTR&CC_CRB,1939%20%41% BCOM23WTI29.93%34.87%29.4%5.8% -S&P_GSCI24WTI61.47%10.57%4.13%17.97%5.86% DBLCI650.25%27.47%22.28% NHCI2036.12%46.92%16.96% TR&CC_CRBBCOM S&P_GSCIDBLCIS&P_GSCIDBLCI50%23.34% S&P_GSCIDBLCI78S&P_GSCIDBLCI S&P_GSCIDBLCI 2.3.190%38.43% 248CPI 5 3 3.1 PPIPPIPPIPPIPPIPPIPPI—— M0M1 M2M2M1M1M1M16M1 ETF 3.2 PMIPMI88 9241.1 4 7 “”4.1 751008850/839100/900930/90% 68 202377824801709.5881.5 2023CIQ910108 5 1 2OPEC+ / “” 136310008400 8888 910www.nanhua.net603093