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：加速上涨........................................................................................................................................3国债期货：如期反弹，但空间可能有限........................................................................................................4 农产品 蛋白粕：供应压力体现盘面偏回落为主......................................................................................................5白糖：国际糖价震荡收跌，国内糖价区间震荡............................................................................................5油脂板块：usda报告偏空...............................................................................................................................6玉米/玉米淀粉：小麦和玉米持续拍卖，现货偏强.......................................................................................7生猪：供应压力逐步增加现货回落加深......................................................................................................8花生：生现货稳定，花生盘面底部震荡........................................................................................................9鸡蛋：需求有所改善，蛋价稳中有涨..........................................................................................................10苹果：冷库库存偏低，苹果价格坚挺..........................................................................................................11棉花-棉纱：销售进度较快棉价震荡为主...................................................................................................12 黑色金属 钢材：钢材转向累库，钢价延续震荡..........................................................................................................13双焦：波动较为剧烈，仍需关注基本面变化..............................................................................................13铁矿：市场预期反复，矿价高位偏空对待..................................................................................................14铁合金：成本端推动下，价格震荡偏强......................................................................................................15 有色金属 金银：地缘政治与政策博弈交织金银高位高波........................................................................................16铂钯：贵金属行情持续，铂钯高位运行......................................................................................................17铜：短线波动加剧，多头趋势不变..............................................................................................................18氧化铝：商品情绪与基本面矛盾扩大价格波动..........................................................................................19电解铝：偏强运行..........................................................................................................................................19铸造铝合金：随板块高位震荡运行..............................................................................................................20锌：关注资金面影响......................................................................................................................................21 铅：多单继续持有，止损线滚动上移..........................................................................................................22镍：金融属性增强，低多思路对待..............................................................................................................23不锈钢：跟随镍价运行..................................................................................................................................23工业硅：短期偏强，中期逢高沽空..............................................................................................................24多晶硅：出口退税取消、厂家减产，短期止跌..........................................................................................24碳酸锂：乐观情绪带动价格继续走强..........................................................................................................25锡：警惕宏观情绪转向带来的抛压，供应紧张并未出现拐点..................................................................26 航运板块 集运：马士基丹佛号通过红海，特朗普征收对伊朗的二级关税..............................................................27 能源化工 原油：地缘继续驱动油价上行......................................................................................................................28沥青：委油预期合规化，成本变动存博弈..................................................................................................28燃料油：地缘利多驱动，燃油自身基本面弱势..........................................................................................29天然气：TTF/JKM低位震荡，HH探底.........................................................................................................30LPG：强现实与弱预期....................................................................................................................................31PX&PTA：下游聚酯减产增多，地缘扰动成本支撑增强.............................................................................32BZ&EB：纯苯有减量预期，苯乙烯受出口影响提振...................................................................................33乙二醇：下游聚酯减产增多，价格上方空间有限......................................................................................34短纤：采购情绪谨慎，加工费承压..............................................................................................................34瓶片：部分检修装置计划公布......................................................................................................................35丙烯：下游工厂采购积极.............................