期货眼·日迹：每日早盘观察

每 日早 盘 观 察 每日早盘观察 目录 金融衍生品 股指期货：合力冲刺收关战............................................................................................................................4国债期货：期债反弹受阻................................................................................................................................5 农产品 蛋白粕：供应整体宽松盘面持续承压..........................................................................................................6白糖：国际糖价继续上涨国内糖价跟随......................................................................................................6油脂板块：油脂技术性反弹............................................................................................................................8玉米/玉米淀粉：现货稳定，盘面底部震荡...................................................................................................8生猪：供应整体宽松现货略有回落..............................................................................................................9花生：花生现货稳定，花生盘面偏弱震荡..................................................................................................10鸡蛋：需求表现一般蛋价有所回落............................................................................................................10苹果：需求表现一般果价稳定为主............................................................................................................11棉花-棉纱：新棉销售较好棉价震荡偏强...................................................................................................12 黑色金属 钢材：补库预期有待兑现，钢价维持区间震荡..........................................................................................14双焦：宽幅震荡..............................................................................................................................................14铁矿：市场预期反复，矿价偏弱运行..........................................................................................................15铁合金：成本支撑叠加反内卷预期，短期跟随反弹..................................................................................16 有色金属 金银：国内白银独立走强,黄金温和回升...................................................................................................17铂钯：盘面进入资金博弈的宽幅震荡期注重仓位管理谨慎参与.............................................................18铜：短期波动加剧，长期上涨趋势不变......................................................................................................19氧化铝：氧化铝震荡运行..............................................................................................................................20电解铝：海外假期休市沪铝高位震荡.........................................................................................................20铸造铝合金：废铝供应仍偏紧铝合金随铝价高位震荡.............................................................................21锌：多空交织，锌价宽幅震荡......................................................................................................................22 铅：供需双弱铅价区间震荡.........................................................................................................................22镍：强势板块中的弱势品种补涨..................................................................................................................23不锈钢：跟随镍价偏强运行..........................................................................................................................24工业硅：短期反弹，中期逢高沽空..............................................................................................................25多晶硅：长期偏强，短期注意风险管理......................................................................................................25碳酸锂：高位运行，谨慎操作......................................................................................................................26锡：原料紧张存边际改善预期，锡价高位调整..........................................................................................27 航运板块 集运：1月高点分歧仍在，短期预计整体维持震荡...................................................................................29 能源化工 原油：年底市场清淡，地缘扰动频繁..........................................................................................................31沥青：供需维持偏弱格局，原料矛盾影响节奏..........................................................................................31燃料油：高低硫自身基本面均偏弱势震荡..................................................................................................32天然气：LNG低位震荡，HH大幅反弹........................................................................................................33LPG：低位盘整................................................................................................................................................34PX&PTA：涤丝减产逐步落地价格上行驱动减弱.......................................................................................34BZ&EB：纯苯港口库存延续上升苯乙烯计划外检修提振情绪...............................................................35乙二醇：台湾装置因效益停车，提振市场买气..........................................................................................36短纤：原料走强，加工费承压......................................................................................................................37瓶片：跟随成本端波动，供需面相对宽松..................................................................................................38丙烯：供应压力增大.........