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：止跌迹象显现................................................................................................................................3国债期货：政策托底权益，资金暂未转松....................................................................................................4 农产品 蛋白粕：供应扰动增加盘面整体偏强...........................................................................................................5白糖：内外糖价格震荡....................................................................................................................................5油脂板块：中东地缘有所升级，油脂短期波动增加....................................................................................6玉米/玉米淀粉：玉米现货偏弱，玉米期货底部震荡..................................................................................7生猪：出栏压力增加猪价整体下行...............................................................................................................8花生：现货稳定，花生盘面继续回落............................................................................................................9苹果：早熟苹果价格低短期苹果价格震荡.................................................................................................10鸡蛋：现货价格有所上涨.............................................................................................................................10棉花-棉纱：储备政策公布棉价有所回落....................................................................................................11 黑色金属 钢材：钢材减产力度加大，需求仍然承压..................................................................................................13双焦：延续震荡运行，等待新驱动..............................................................................................................13铁矿：供应扰动再起，矿价偏空对待..........................................................................................................14铁合金：供需双降，宽幅震荡......................................................................................................................15 有色金属 贵金属：伊朗释放接受调停信号贵金属震荡运行.....................................................................................16铜：短期宽幅震荡..........................................................................................................................................17氧化铝：广西新投推迟投产西北现货价上涨............................................................................................17电解铝：中东冲突反复下游需求乏力.........................................................................................................18铸造铝合金：随铝价震荡走弱......................................................................................................................19锌：关注国内冶炼开工变化..........................................................................................................................19铅：维持低位震荡..........................................................................................................................................20镍：中东局势反复，原料隐忧仍存..............................................................................................................21 不锈钢：空头离场，不锈钢价格反弹..........................................................................................................22工业硅：短期震荡看待..................................................................................................................................23多晶硅：政策预期落空，关注宁波会议情况..............................................................................................23碳酸锂：供需偏强情绪偏弱，锂价仍在试探支撑......................................................................................24锡：宏观情绪承压，锡价短期或上行弹性受限..........................................................................................25 航运及碳排放 集运：胡塞宣布对沙特实施海上禁令，关注实际封锁措施......................................................................27干散货运价：Cape回调带动BDI指数走弱，关注地缘局势变化对于运输效率的影响..........................28碳排放：碳排放：配额收紧预期提振国内碳价，欧盟改革提案放松后续减碳步伐..............................29 能源化工 原油：市场博弈加剧日内波幅较大.............................................................................................................32沥青：成本高位震荡，库存低位维持..........................................................................................................32燃料油：供应担忧持续..................................................................................................................................33LPG：多重利好提振价格................................................................................................................................34天然气：霍尔木兹再升级，气价回调..........................................................................................................35PX&PTA：库存下降基差走弱........................................................................................................................36BZ&EB：纯苯库存已至低位，苯乙烯印度询盘增加...................................................................................37乙二醇：供需偏紧基差偏强.........................................................................................................................38短纤：下游出货放缓......................................................................................................................................39瓶片：新