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：科技卷土重来................................................................................................................................3国债期货：关键点位附近，走势或有反复....................................................................................................4 农产品 蛋白粕：供应整体宽松盘面逐步下行..........................................................................................................5白糖：国内外糖价大区间震荡........................................................................................................................5油脂板块：油脂宽幅震荡运行........................................................................................................................7玉米/玉米淀粉：小麦价格回落，玉米价格底部震荡...................................................................................8生猪：供应压力增加价格整体下行..............................................................................................................8花生：花生现货继续回落，花生盘面底部震荡............................................................................................9鸡蛋：主产区现货价格略稳邯郸价格补涨................................................................................................10苹果：新季增产预期强苹果价格偏弱........................................................................................................11棉花-棉纱：短期棉价震荡走势.....................................................................................................................12 黑色金属 钢材：煤矿供应收缩预期仍存，钢价维持偏强震荡..................................................................................14双焦：谨慎看多，关注下游承接能力..........................................................................................................14铁矿：终端需求低位，矿价偏空对待..........................................................................................................15铁合金：底部逐步抬升..................................................................................................................................16 有色金属 贵金属：美伊谈判反转不定贵金属震荡运行..........................................................................................17铜：美国关税预期增强，多头情绪修复......................................................................................................18氧化铝：关注几内亚铝土矿政策预期..........................................................................................................19电解铝：AI投资情绪带动股期联动铝海外维持低库存.............................................................................19铸造铝合金：随铝价震荡..............................................................................................................................20锌：获利多单部分止盈部分持有..................................................................................................................21铅：区间高抛低吸为主..................................................................................................................................21镍：中东局势影响镍价高位震荡..................................................................................................................22 不锈钢：6月钢厂减产，价格表现偏强.......................................................................................................23工业硅：煤炭价格夯实底部，短期偏强......................................................................................................24多晶硅：二次筑底接近尾声，关注最后一跌和低买机会..........................................................................25碳酸锂：锂价高位震荡，下跌空间有限......................................................................................................25锡：锡价增仓上涨..........................................................................................................................................26 航运及碳排放 集运：马士基25周报价略不及预期，盘面高位调整................................................................................27干散货运价：市场基础运输需求维持稳定，支撑散货租金指数高位运行..............................................28碳排放：中国碳市场持续震荡，伊朗重返谈判桌......................................................................................29 能源化工 原油：美伊军事摩擦升级，油价续涨..........................................................................................................32沥青：地缘波动，社库延续去库，需求环比释放......................................................................................32燃料油：美伊和平谈判前景的不确定性增强，燃料油近端缺口现实仍存..............................................33LPG：成本端驱动加强....................................................................................................................................34天然气：地缘情绪主导市场走势................................................................................................................35PX&PTA：TA基差走强，涤丝涤短产销回升................................................................................................36BZ&EB：产业链负反馈终端传导不畅...........................................................................................................37乙二醇：合成气制乙二醇负荷高位..............................................................................................................37短纤：库存偏高订单向上动能较弱..............................................................................................................38瓶片：下游开工刚需仍在，加工费高位供应压力逐步显现...............................................