B[Most domestic commodity futures closed up, with No. 20 TSR up nearly 6%] On September 30, most domestic commodity futures closed up, with TSR 20 up nearly 6%, rubber up over 5%, PVC up over 4%, BR rubber up nearly 4%, alumina, soybean, and palladium up over 2%, and vegetable oil, methanol, pigs, styrene, and Shanghai gold up over 1%. In terms of decline, asphalt fell by more than 3%, European container lines fell by more than 2%, and apple, cotton, and pulp fell by more than 1%. B[Most of the main domestic futures contracts fell, with lithium carbonate and Shanghai silver falling by more than 4%] On September 28, most of the main domestic futures contracts fell, with lithium carbonate and Shanghai silver falling by more than 4%, live pigs falling by more than 3%, palladium falling by nearly 3%, and coking coal, dates, glass, and Shanghai gold falling by more than 2%. In terms of growth, the European container shipping line rose by more than 5%, methanol rose by more than 4%, fuel oil rose by more than 3%, beans rose by nearly 2%, and propylene, liquefied petroleum gas (LPG), polysilicon, and asphalt rose by more than 1%. B[The game between rigid demand and high prices in peak season, low asphalt inventory continues] September 18th, driven by the rise in international crude oil prices, the cost side has formed a strong support, coupled with the concentrated release of rigid demand in the traditional domestic construction peak season, factory and social inventories have been accelerated simultaneously, and the spot price of asphalt has taken advantage of the trend to set a new high in the stage. From the demand side, September has entered the traditional peak season for road construction. The construction of projects in many places in the north has been accelerated, and the pre-existing projects have been rushed to completion. The rigid procurement of terminals has formed a basic support for the asphalt market. In terms of inventory, as of September 17, the inventory of domestic asphalt manufacturers was 451,000 tons, a month-on-month decrease of 9.6%, and a year-on-year decrease of 33.6%; social inventory was 569,000 tons, a month-on-month decrease of 13.5%, and a year-on-year decrease of 64.5%. Factory warehouses and social inventories continue to be destocked simultaneously, and the absolute value of inventories is at the lowest level in the past five years. In the short term, factory and trader inventories are expected to continue to decline, and the low inventory pattern is difficult to reverse quickly, which will provide positive support for asphalt spot prices. (Longzhong Information) B[Domestic commodity futures closed mixed, crude oil rose more than 6%] On September 10th, domestic commodity futures closed mixed, crude oil rose more than 6%, pure benzene rose by 6%, styrene rose more than 5%, asphalt and propylene rose more than 3%, fuel oil, paraxylene, bottle flakes rose more than 2%, containerized European lines, staple fibers, plastics, Shanghai tin, Shanghai silver, liquefied gas, platinum, caustic soda rose more than 1%. In terms of decline, red dates, peanuts, and rapeseed oil fell by more than 2%, while polysilicon, pulp, industrial silicon, pigs, BR rubber, palm oil, alumina, and cotton fell by more than 1%. B[The main domestic futures contracts rose or fell, pure benzene closed the daily limit] On September 10, the main domestic futures contracts rose or fell, pure benzene closed the daily limit, SC crude oil and styrene (EB) rose by more than 5%, propylene and fuel oil rose by more than 3%, and plastics, asphalt, paraxylene, and polypropylene rose by more than 2.5%. In terms of decline, rapeseed oil fell by more than 2%, and palm oil, synthetic rubber, peanuts, pigs, coke, pulp, rapeseed meal, red dates, manganese silicon, etc. fell by more than 1%. B[Most of the main domestic futures contracts fell, and the European Container Line fell by more than 7%] On September 3, most of the main domestic futures contracts fell, with the European Container Line falling by more than 7%, fuel oil falling by more than 4%, plywood, coke, coking coal, and lithium carbonate falling by more than 3%, and low-sulfur fuel oil (LU) and asphalt falling by more than 2%. In terms of gains, palladium rose by more than 4%, ferrosilicon, platinum, and Shanghai silver rose by more than 2%, Shanghai gold and Shanghai nickel rose by nearly 2%, and styrene (EB) rose by more than 1%. B[Most of the main domestic futures contracts rose, with ethylene glycol (EG) rising nearly 8%] On September 1, most of the main domestic futures contracts rose, with ethylene glycol (EG) rising by nearly 8%, methanol rising by more than 5%, bottle flakes rising by nearly 5%, paraxylene and short fiber rising by more than 4%, and asphalt, polyvinyl chloride (PVC), and pure benzene rising by more than 3%. In terms of decline, the European container shipping line fell by nearly 6%, palladium and red dates fell by nearly 3%, Shanghai silver, pigs, and apples fell by more than 2%, and Shanghai gold fell by more than 1%.
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