每日早盘观察：期货眼·日迹

每 日早 盘 观 察 每日早盘观察 目录 金融衍生品 股指期货：悲观情绪弥漫................................................................................................................................3国债期货：资金价格中枢上移，外部环境不确定性上升............................................................................4 农产品 蛋白粕：供应整体宽松价格压力较大..........................................................................................................5白糖：国内外糖价大区间震荡........................................................................................................................5油脂板块：短期油脂回调压力增加................................................................................................................7玉米/玉米淀粉：华北玉米周末反弹，玉米价格底部震荡...........................................................................8生猪：出栏压力较大猪价整体下行..............................................................................................................9花生：开始炒作天气，花生盘面偏强震荡....................................................................................................9鸡蛋：主产区现货价格稳中有落..................................................................................................................10苹果：交易天气苹果期货反弹....................................................................................................................11棉花-棉纱：短期棉价有所调整.....................................................................................................................12 黑色金属 钢材：弱现实和强成本的矛盾下钢价维持震荡..........................................................................................14双焦：谨慎看多，中期关注下游承接能力..................................................................................................14铁矿：终端需求低位，矿价偏弱运行..........................................................................................................15铁合金：能源属性抬升底部，需求压制上方空间......................................................................................16 有色金属 贵金属：非农数据表现强劲贵金属价格弱势运行.....................................................................................17铜：暂时观望，低多思路对待......................................................................................................................18氧化铝：几内亚铝土矿政策仍未落地价格回落.........................................................................................19电解铝：加息预期强化铝价承压................................................................................................................19铸造铝合金：宏观影响反复随板块承压.....................................................................................................20锌：暂时观望，逢低分批布局远月多单......................................................................................................21铅：关注再生铅冶炼成本支撑有效性..........................................................................................................21镍：宏观和过剩压制镍价..............................................................................................................................22 不锈钢：供需双弱，价格表现强于沪镍......................................................................................................23工业硅：区间上沿逢高沽空..........................................................................................................................24多晶硅：技术图形破位，短线偏空，长线策略企稳后买入......................................................................25碳酸锂：去库持续，等待资金回流..............................................................................................................25锡：锡价或承压震荡......................................................................................................................................26 航运及碳排放 集运：现货强势叠加地缘曲折，短期盘面预计有所修复..........................................................................27干散货运价：货盘充足支撑中小船市场，BDI指数整体维持高位震荡....................................................28碳排放：中国碳价震荡回升，欧盟能源与政策博弈延续..........................................................................29 能源化工 原油：冲突升级，地缘不确定性增强..........................................................................................................32沥青：去库延续，现货价格稳定..................................................................................................................32燃料油：燃料油近端缺口现实仍存..............................................................................................................33LPG：地缘不确定性增大................................................................................................................................34天然气：地缘情绪主导市场走势..................................................................................................................35PX&PTA：TA个别装置计划外减产，维持去库格局....................................................................................36BZ&EB：韩国苯分流至美国，苯乙烯下游未见好转...................................................................................36乙二醇：煤制乙二醇负荷高位，油制中性偏高..........................................................................................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.................................................................