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：市场信心进一步增强....................................................................................................................3国债期货：月末节前资金面仍显偏松............................................................................................................4 农产品 蛋白粕：供应仍有压力盘面整体震荡..........................................................................................................5白糖：国际糖价大涨国内糖价震荡..............................................................................................................5油脂板块：油脂高位震荡运行........................................................................................................................7玉米/玉米淀粉：现货稳定，盘面高位震荡...................................................................................................7生猪：出栏压力增加价格整体下行..............................................................................................................8花生：花生现货偏弱，花生盘面窄幅震荡....................................................................................................9鸡蛋：淘汰量较高现货价格季节性偏强....................................................................................................10苹果：走货不及往年苹果价格下跌............................................................................................................10棉花-棉纱：内外棉价上涨关注关键点位突破情况...................................................................................11 黑色金属 钢材：铁水产量见顶，钢价高位震荡..........................................................................................................13双焦：短期震荡运行，中期可等待逢低做多机会......................................................................................13铁矿：终端需求低位，矿价偏空对待..........................................................................................................14铁合金：电费传闻对情绪有所提振，低位震荡..........................................................................................15 有色金属 贵金属：FOMC表态偏鹰后续关注战事持续性.........................................................................................16铜：临近假期，建议控制好仓位..................................................................................................................17氧化铝：几内亚铝土矿出口传言未兑现氧化铝仍承压.............................................................................17电解铝：美联储表态偏鹰沪铝随板块下行.................................................................................................18铸造铝合金：随板块走弱..............................................................................................................................19锌：节前合理控制仓位逢低做多思路不变.................................................................................................20铅：暂时观望..................................................................................................................................................21镍：硫磺影响印尼MHP生产，镍价高位运行............................................................................................21 不锈钢：供需好转，成本支撑，价格高位运行..........................................................................................22工业硅：投机情绪高涨，注意持仓安全......................................................................................................23多晶硅：技术上回调，二次探底，关注政策情况......................................................................................24碳酸锂：短期供需错配推高锂价..................................................................................................................24锡：美伊僵局未有突破，锡价承压运行......................................................................................................25 航运及碳排放 集运：关注现货淡转旺节奏，建议节前减仓避险......................................................................................27干散货运价：区域贸易货流增加进一步消耗市场运力，干散货市场边际改善支撑租金高位..............28碳排放：中国碳市场挂牌协议交易量增加，欧盟能源豁免呼声再现......................................................29 能源化工 原油：美伊冲突未见结束，布油逼近120...................................................................................................32沥青：成本供应库存利多支撑......................................................................................................................32燃料油：成本端波动扩大，节前注意持仓风险..........................................................................................33LPG：进口货源仍然偏紧................................................................................................................................34天然气：短期价格跟随地缘情绪波动..........................................................................................................35PX&PTA：5月降负幅度大，库存开始逐步去化..........................................................................................36BZ&EB：部分装置检修延期，5月苯乙烯检修增多....................................................................................37乙二醇：华东港口库存去库..........................................................................................................................37短纤：江浙终端负荷下降..............................................................................................................................38瓶片：库存持续去化......................................................................................................................................39