[中信期货]：中国期货每日简报 -尊龙凯时人生就博

investmentconsultingbusinessqualification：csrclicense2012no669 投资咨询业务资格：证监许可【2012】669号 中信期期货货国国际化际研化究研究citic中fu信tur期es货in研ter究na所tionianltrerensaetaiorcnhal2022042510060906 中国期货每日简报 chinafuturesdailynote 桂晨曦guichenxi从业资格号qualificationno：f3023159投资咨询号consultingno：z0013632 citicfuturesinternationalserviceplatform：httpsinternationalserviceciticsfcom 摘要abstract macronewscaixinchinaservicespmiroseto511andmanufacturingpmidroppedto483inmay futurespricesonjune5equityindexfuturesrosewhilecgbfutureshadmixedperformancemostcommoditiesdeclinedwithenergychemicalfuturesleadingthedeclines commentarycokingcoalaluminumaluminiumoxide risksmacroeconomicfluctuationsgeopoliticalsituationsandreversalsinpolicytrends 宏观方面：5月财新中国服务业pmi升至511，中国制造业pmi降至483。 期货方面：6月5日，股指期货上涨，国债期货涨跌不一；商品期货跌多涨少，能化跌幅靠前。今日点评：焦煤、铝、氧化铝 风险提示：宏观经济波动、地缘政治变化、政策趋向扭转。 recentcommentary近期点评 【20250605】scfiseuropelithiumcarbonatesoybeanmeal集运欧线、碳酸锂、豆粕 【20250604】crudeoilironoretsr20原油、铁矿石、橡胶 【20250531】goldpvclithiumcarbonate黄金、pvc、碳酸锂 clickonthehyperlinkofreporttitlestoreadhistoricalreports 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人投资建议。我司不会因为关注、收到或阅读本报告内容而视相关人员为客户。thisreportisnotaserviceunderthefuturestradingconsultingbusinesstheopinionsandinformationprovidedareforreferenceonlyanddonotconstituteinvestmentadvicetoanyoneciticfutureswillnotconsiderrelevantpersonnelascustomersduetotheirattentionreceiptorreadingofthisreport content目录 1chinafutures期货异动4 11overview行情概述4 12dailyrise上涨品种5 121cokingcoal焦煤5 13dailydrop下跌品种7 131aluminum铝7 132aluminumoxide氧化铝8 2chinanews中国要闻9 21macronews宏观新闻9 22industrynews行业要闻9 2 graphs图表 图表1：chinafuturespricetop10dailyrise4 中国期货主力连续合约涨幅前十4 图表2：chinafuturespricetop10dailydrop4 中国期货主力连续合约跌幅前十4 图表3：therecenttrendofcokingcoal6 焦煤价格呈现下跌趋势6 图表4：65cokingcoalincreasedby176 6月5日，焦煤上涨176 图表5：therecenttrendofaluminum7 铝价格近期震荡走弱7 图表6：65aluminumdecreasedby007 6月5日，铝下跌007 图表7：therecenttrendofaluminiumoxide8 氧化铝价格近期高位下跌8 图表8：65aluminiumoxidedecreasedby298 6月5日，氧化铝下跌298 图表9：thechangeoffuturespricesandopeninterests10 中国期货涨跌幅与持仓变化10 图表10：chinafuturesprice11 中国期货概览11 图表11：chinafuturesnighttradingprice12 中国期货夜盘概览12 图表12：中信期货国际化研究系列报告13 citicfuturesinternationalserviceplatform13 3 1chinafutures期货异动 11overview行情概述 onjune5equityindexfuturesrosewhilecgbfutureshadmixedperformancemostcommoditiesdeclinedwithenergychemicalfuturesleadingthedeclines thetopthreegainerswerefiberboardcokingcoalandtinfiberboardroseby23withopeninterestincreasingby2269monthonmonthcokingcoalroseby17withopeninterestincreasingby34monthonmonthtinroseby15withopeninterestdecreasingby102monthonmonth thetopthreedeclinerswerealuminiumoxideureaandrapeseedaluminiumoxidefellby29withopeninterestincreasingby65monthonmonthureafellby29withopeninterestincreasingby119monthonmonthrapeseedfellby18withopeninterestincreasingby100monthonmonth 6月5日，股指期货上涨，国债期货涨跌不一；商品期货跌多涨少，能化跌幅靠前。 涨幅前三的品种是纤维板、焦煤和锡，其中纤维板上涨23，持仓环比增加2269；焦煤上涨17，持仓环比增加34；锡上涨15，持仓环比减少102。 跌幅前三的品种是氧化铝、尿素和油菜籽，其中氧化铝下跌29，持仓环比增加65；尿素下跌29，持仓环比增加119；油菜籽下跌18，持仓环比增加100。 图表1：chinafuturespricetop10dailyrise 中国期货主力连续合约涨幅前十 图表2：chinafuturespricetop10dailydrop 中国期货主力连续合约跌幅前十 000510152025 aluminiumoxide 29 fiberboardcokingcoal tin tsr20 rapeseedmeal csi1000 chinesejujube soybeanmeal csi500 coke 09 09 08 07 07 06 06 15 17 23 urea rapeseed log glass polyethyleneterephthalateresinforbottles sodiumhydroxide crudeoilpolyvinylchloridepolyesterstaplefiber 29 18 16 09 09 09 08 07 07 3530252015100500 sourceifindciticfuturessourceifindciticfutures 4 12dailyrise上涨品种 121cokingcoal焦煤 onjune5cokingcoalincreasedby17to768yuantononjune4thepricesofcokingcoalandcokestoppedfallingandrebounded onthesupplysideduringtheendofmayandthedragonboatfestivalholidaysomecoalminesintheshanxiproductionareainchinasuspendedandreducedproductiontherewererumorsthatthiswastoreduceandsuspendproductiontocompletethemonthlyproductiontaskatthesametimejuneenteredthesafeperiodandseveralcoalminesafetyaccidentsoccurredinshanxiwithinafewdaysmakingtheutilizationrateofcoalmineproductioncapacitydeclineslightlymonthonmonthtriggeringthemarketsexpectationofatighteningofcokingcoalsupplytoheatuphowevermostcoalminesinthemainproductionareasmaintainednormalproductionandtheoveralloutputofcokingcoalremainedatahighlevelinadditionaffectedbythedismissalofmongolianprimeministeroyunchimegtherewererumorsthatthecoalmineralresourcetaxinmongoliawouldbeincreasedto20buttherehasbeennoofficialdecisiononchangesincoalmineralresourcetaxandexportrelatedtaxesyetcurrentlythecustomsclearanceatthemongoliancoalportsremainsatahighlevelandtheoverallsupplyofcokingcoalisstillrelativelylooseatthesametimetodaytherearerumorsthatthenewmineralresourceslawtobeimplementedonjuly12025mayleadtoasignificantimpactonminesupplybutafterverificationtherevisedbillwasreviewedandpassedonnovember82024anditdoesnotclearlyinvolvecontentsuchasclosingminesandwithdrawingproductioncapacitytheauthenticityoftheabovesupplyrumorsisdoubtfulandtheimpactisrelativelylimitedbutsomenewshastriggeredtheexpectedsentimentofsupplytighteningmakingcokingcoalandcokestopfallingandrebou