<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center" align=center><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">瑞达期货:加息阴云笼罩,期指延续震荡<SPAN lang=EN-US> <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘表现:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘指数<SPAN lang=EN-US><SPAN style="mso-tab-count: 2"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>收盘<SPAN lang=EN-US><SPAN style="mso-tab-count: 1"> </SPAN></SPAN>涨跌<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>涨幅<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">道琼斯<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>11370.06<SPAN style="mso-spacerun: yes"> </SPAN>-2.42<SPAN style="mso-spacerun: yes"> </SPAN>-0.02% <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">纳斯达克<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>2616.67<SPAN style="mso-spacerun: yes"> </SPAN>7.51<SPAN style="mso-spacerun: yes"> </SPAN>0.29%<SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">标普<SPAN lang=EN-US>500<SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-tab-count: 1"></SPAN><SPAN style="mso-spacerun: yes"> </SPAN>1233.00<SPAN style="mso-spacerun: yes"> </SPAN>4.72<SPAN style="mso-spacerun: yes"> </SPAN>0.38%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">富时<SPAN lang=EN-US>100<SPAN style="mso-spacerun: yes"> </SPAN>5807.96<SPAN style="mso-spacerun: yes"> </SPAN>13.43<SPAN style="mso-spacerun: yes"> </SPAN>0.23%<SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">德国<SPAN lang=EN-US>DAX<SPAN style="mso-spacerun: yes"> </SPAN>6964.16<SPAN style="mso-spacerun: yes"> </SPAN>-11.71<SPAN style="mso-spacerun: yes"> </SPAN>-0.17%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">法国<SPAN lang=EN-US>CAC40<SPAN style="mso-spacerun: yes"> </SPAN>3858.05<SPAN style="mso-spacerun: yes"> </SPAN>26.07<SPAN style="mso-spacerun: yes"> </SPAN>0.68%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">C0MEX</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">黄金<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>1392.1<SPAN style="mso-spacerun: yes"> </SPAN>9.6<SPAN style="mso-spacerun: yes"> </SPAN>0.69%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">NYMEX</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">原油<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>88.42<SPAN style="mso-spacerun: yes"> </SPAN>0.14<SPAN style="mso-spacerun: yes"> </SPAN>0.16%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">美元指数<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>80.06<SPAN style="mso-spacerun: yes"> </SPAN>-0.005<SPAN style="mso-spacerun: yes"> </SPAN>-0.01%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">小结:周四美国股市收盘涨跌不一。劳工部早间公布的就业数据提升了市场信心,减缓了美元汇率上涨以及大宗商品板块下跌所造成的压力。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">1. </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">中央经济工作会议今日召开 谋划“十二五”;<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">2. </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">增支减税 明年财政赤字存扩大空间;<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">3. </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">跨境人民币业务结算升温 试点版图或再扩容;<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">4</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">.美国<SPAN lang=EN-US>10</SPAN>月份企业库存和销售同时上升;<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">5. </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">英国央行维持<SPAN lang=EN-US>0.5%</SPAN>的基准贷款利率不变;<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">6</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">.日本调高今年第三季度经济增长率。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">持仓分析:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">前<SPAN lang=EN-US>20</SPAN>名多头主力持单<SPAN lang=EN-US>15829</SPAN>手,空头主力持仓<SPAN lang=EN-US>19059</SPAN>手,净空持仓<SPAN lang=EN-US>3230</SPAN>手,净空持仓增加<SPAN lang=EN-US>1228</SPAN>手。其中:前<SPAN lang=EN-US>5</SPAN>名主力机构净空持仓<SPAN lang=EN-US>4685</SPAN>手,空头持仓维持在高位,但空头优势较上一交易日有所增强。从日内盘中持仓动向看,日内持仓相对稳定。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">瑞达研究院观点:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">技术方面来看,<SPAN lang=EN-US>IF1012</SPAN>合约收盘报<SPAN lang=EN-US>3140</SPAN>点,预计周五股指期货合约<SPAN lang=EN-US> IF1012</SPAN>的运行区间在<SPAN lang=EN-US>3170-3110</SPAN>之间,如上方冲破<SPAN lang=EN-US>3170</SPAN>点可以小多,止损下设<SPAN lang=EN-US>10</SPAN>个点;如下方破<SPAN lang=EN-US>3110</SPAN>可以介入空单,止损上设<SPAN lang=EN-US>10</SPAN>个点。如在区间内窄幅震荡,可以高空低多的策略。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">合约名称<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>强阻力位<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>阻力位<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>支撑位<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>强支撑位<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">HS 300<SPAN style="mso-spacerun: yes"> </SPAN>3180<SPAN style="mso-spacerun: yes"> </SPAN>3150<SPAN style="mso-spacerun: yes"> </SPAN>3090<SPAN style="mso-spacerun: yes"> </SPAN>3050<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">IF1012<SPAN style="mso-spacerun: yes"> </SPAN>3225<SPAN style="mso-spacerun: yes"> </SPAN>3170<SPAN style="mso-spacerun: yes"> </SPAN>3110<SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN>3050<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">IF1101<SPAN style="mso-spacerun: yes"> </SPAN>3275<SPAN style="mso-spacerun: yes"> </SPAN>3210<SPAN style="mso-spacerun: yes"> </SPAN>3145<SPAN style="mso-spacerun: yes"> </SPAN>3100<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">IF1103<SPAN style="mso-spacerun: yes"> </SPAN>3300<SPAN style="mso-spacerun: yes"> </SPAN>3260<SPAN style="mso-spacerun: yes"> </SPAN>3195<SPAN style="mso-spacerun: yes"> </SPAN>3140<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">IF1106<SPAN style="mso-spacerun: yes"> </SPAN>3380<SPAN style="mso-spacerun: yes"> </SPAN>3320<SPAN style="mso-spacerun: yes"> </SPAN>3260<SPAN style="mso-spacerun: yes"> </SPAN>3190<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">农产品</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">1 <SPAN style="mso-spacerun: yes"> </SPAN></FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">油脂<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘:国际植物油需求强劲提供的支撑限制市场跌幅,美豆油继续回落,主力<SPAN lang=EN-US>1</SPAN>月合约收于<SPAN lang=EN-US>54.16</SPAN>美分<SPAN lang=EN-US>/</SPAN>磅;因投资者押注下个月季风降雨加剧将导致产量削减。<SPAN lang=EN-US>BMD</SPAN>毛棕榈油升至<SPAN lang=EN-US>29</SPAN>个月新高后回落,主力<SPAN lang=EN-US>2</SPAN>月合约收于<SPAN lang=EN-US>3598</SPAN>令吉<SPAN lang=EN-US>/</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息:国际方面,油世界预计中国<SPAN lang=EN-US>2010</SPAN>年<SPAN lang=EN-US>10-12</SPAN>月大豆进口将达到或超过<SPAN lang=EN-US>1420</SPAN>万吨,较去年同期水平增加约<SPAN lang=EN-US>400</SPAN>万吨,其中预计约有<SPAN lang=EN-US>1120</SPAN>万吨产地为美国,其余产地为巴西和阿根廷。国内方面,发改委网站消息显示,<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="29" Month="11" Year="2010"><SPAN lang=EN-US>11</SPAN>月<SPAN lang=EN-US>29</SPAN>日</st1:chsdate>-<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="3" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>3</SPAN>日</st1:chsdate>,国家向市场安排投放政策性粮食<SPAN lang=EN-US>863.1</SPAN>万吨,其中投放大豆<SPAN lang=EN-US>29.6</SPAN>万吨,因企业前期进口大豆较多,市场供应充足,上周投放的大豆没有成交量。<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货:昨日油脂现货价格稳中有涨,沿海四级豆油约为<SPAN lang=EN-US>9400-9700</SPAN>元<SPAN lang=EN-US>/</SPAN>吨;港口棕榈油报价集中在<SPAN lang=EN-US>9100-9300</SPAN>元<SPAN lang=EN-US>/</SPAN>吨;国内四级菜油出厂价格处于<SPAN lang=EN-US>9700-10400</SPAN>元<SPAN lang=EN-US>/</SPAN>吨水平。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">仓单:豆油,<SPAN lang=EN-US>6118</SPAN>张;棕榈油,<SPAN lang=EN-US>0</SPAN>张;菜油,<SPAN lang=EN-US>5300</SPAN>张;均无变化。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:受年底市场人气氛围较弱影响,外盘继续拉升动力仍有不足,政策调控力量依然较强,区间震荡操作成为当前的最佳策略。就目前的市场而言,短期空单可轻仓介入,但不建议过分杀跌。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">2<SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">棉花<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘走势:<SPAN lang=EN-US>ICE</SPAN>期棉收于涨停,因有投资者买盘,部份受助于美国出口销售强劲和传言印度棉花出口量可能低于原先预估。<SPAN lang=EN-US>3</SPAN>月棉花上涨<SPAN lang=EN-US>4</SPAN>美分,收报每磅<SPAN lang=EN-US>135.95</SPAN>美分。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN>1</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、新疆皮棉价格较为平稳,买卖双方均对当前价格比较认可,买家采购积极性较高,成交品种以前期加工的<SPAN lang=EN-US>3</SPAN>级棉为主。<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="8" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>8</SPAN>日</st1:chsdate>,北疆<SPAN lang=EN-US>3</SPAN>级皮棉主流成交价在<SPAN lang=EN-US>28500</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,南疆在<SPAN lang=EN-US>28000</SPAN>元<SPAN lang=EN-US>/</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN>2</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、印度贸易部长<SPAN lang=EN-US>Rahul Khullar</SPAN>周三表示,印度将在下周一决定是否给予棉花出口商更多的时间,来出口装运<SPAN lang=EN-US>550</SPAN>万包棉花。作为全球第二大生产国兼出口国,印度允许在<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="1" Month="11" Year="2010"><SPAN lang=EN-US>11</SPAN>月<SPAN lang=EN-US>1</SPAN>日</st1:chsdate>至<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="15" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>15</SPAN>日</st1:chsdate>期间出口棉花。然而,棉花出口商出口的数量可能不到目标数量的一半,将进一步加紧全球供应紧俏之势。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN>3</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="8" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>8</SPAN>日</st1:chsdate>,进口棉中国主港报价继续回调,西非棉、澳棉和中亚棉下跌了<SPAN lang=EN-US>1.5</SPAN>美分左右,美棉和印度棉略微下跌,埃及长绒棉上涨<SPAN lang=EN-US>5</SPAN>美分。随着时间的推移,印度棉出口一事显得愈发“不靠谱”,棉商和用棉企业都不能寄希望于印度棉。从目前看,无论是远期装运还是港口现货都难以满足纺织厂的需求,年底前后的外棉价格将保持坚挺。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货方面:棉花指数<SPAN lang=EN-US>328</SPAN>价格为<SPAN lang=EN-US>26769</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,较上一交易日上涨<SPAN lang=EN-US>13</SPAN>元<SPAN lang=EN-US>/</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">仓单库存:交易所注册仓单为<SPAN lang=EN-US>84</SPAN>张,较上一交易日增加<SPAN lang=EN-US>11</SPAN>张,有效预报为<SPAN lang=EN-US>76</SPAN>张。(每张对应棉花<SPAN lang=EN-US>40</SPAN>吨)。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">主产区天气:未来三天,受冷空气影响,北方地区降温<SPAN lang=EN-US>4</SPAN>-<st1:chmetcnv w:st="on" UnitName="℃" SourceValue="8" HasSpace="False" Negative="False" NumberType="1" TCSC="0"><SPAN lang=EN-US>8</SPAN>℃</st1:chmetcnv>并伴有<SPAN lang=EN-US>4</SPAN>-<SPAN lang=EN-US>6</SPAN>级风,其中,内蒙古东部、华北北部和东北地区的部分地区降温<SPAN lang=EN-US>10</SPAN>-<st1:chmetcnv w:st="on" UnitName="℃" SourceValue="14" HasSpace="False" Negative="False" NumberType="1" TCSC="0"><SPAN lang=EN-US>14</SPAN>℃</st1:chmetcnv>,局地<SPAN lang=EN-US>16</SPAN>-<st1:chmetcnv w:st="on" UnitName="℃" SourceValue="20" HasSpace="False" Negative="False" NumberType="1" TCSC="0"><SPAN lang=EN-US>20</SPAN>℃</st1:chmetcnv>;南疆盆地和内蒙古西部等地的部分地区有扬沙或浮尘,内蒙古西部局地有沙尘暴;新疆阿勒泰地区、内蒙古中东部、东北地区大部等地有小到中雪(雨)或雨夹雪,其中,内蒙古东南部、黑龙江中东部、吉林大部、辽宁东部等地的部分地区有大雪,局地有暴雪。受冷暖空气影响,未来三天,南方大部地区自西向东将有一次降水过程。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:受美国出口销售强劲提振,美棉收于涨停,市场关注<SPAN lang=EN-US>USDA</SPAN>月度棉花供需报告;国内将提前公布<SPAN lang=EN-US>11</SPAN>月经济数据,加息预期令市场表现谨慎,政策调控仍对棉花上行空间构成压制;现货价格微幅上涨。郑棉<SPAN lang=EN-US>1109</SPAN>合约震荡收跌,期价在<SPAN lang=EN-US>27000</SPAN>平台持续承压,下方测试<SPAN lang=EN-US>26000</SPAN>支撑,延续震荡走势。操作上,短线交易为主。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">3 </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">白糖<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">由于市场方面担心全球头号食糖消费国<SPAN lang=EN-US>--</SPAN>印度开征食糖进口关税将一直其食糖进口需求,本周四<SPAN lang=EN-US>ICE</SPAN>糖市原糖期货价格中幅回落。当日<SPAN lang=EN-US>1103</SPAN>期约糖价下跌<SPAN lang=EN-US>27</SPAN>个点(<SPAN lang=EN-US>-0.9%</SPAN>),收于<SPAN lang=EN-US>28.71</SPAN>美分<SPAN lang=EN-US>/</SPAN>磅,过去两个交易日<SPAN lang=EN-US>1103</SPAN>期约糖价的跌幅已达到<SPAN lang=EN-US>3.7%</SPAN>;<SPAN lang=EN-US>1105</SPAN>期约糖价同时下跌<SPAN lang=EN-US>25</SPAN>个点(<SPAN lang=EN-US>1%</SPAN>),以<SPAN lang=EN-US>26.01</SPAN>美分<SPAN lang=EN-US>/</SPAN>磅报收。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">基本面消息:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">1</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、巴西<SPAN lang=EN-US>11</SPAN>月份出口<SPAN lang=EN-US>315.6</SPAN>万吨食糖<SPAN lang=EN-US> <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">2</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、截止<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="8" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>8</SPAN>日</st1:chsdate>广西又有<SPAN lang=EN-US>75</SPAN>家糖厂开榨,日榨产能<SPAN lang=EN-US>55.4</SPAN>万吨<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">国内现货:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">国内现货小幅下调,南宁报<SPAN lang=EN-US>6920</SPAN>(新糖)。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存仓单(张):<SPAN lang=EN-US>782</SPAN>,有效预报<SPAN lang=EN-US>1842</SPAN>。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">国内主产区天气:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">今天白天到晚上,桂林、柳州、河池、百色市阴天部分地区有小雨,我区其它地区多云到阴天。南宁市:今天白天到晚上 ,多云到阴,偏东风<SPAN lang=EN-US>1-2</SPAN>级,最高气温<SPAN lang=EN-US>21</SPAN>℃,最低气温<SPAN lang=EN-US>15</SPAN>℃。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">郑糖盘面:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">技术上,郑糖<SPAN lang=EN-US>1109</SPAN>合约弱势整理,<SPAN lang=EN-US>5</SPAN>与<SPAN lang=EN-US>10</SPAN>日均线对期价构成压制,资金继续流出,预计调整仍将持续。空单可继续持有。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">4 </FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">谷物</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><SPAN style="mso-spacerun: yes"><FONT face="Times New Roman"> </FONT></SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">外盘:周四</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">CBOT</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">玉米期货市场收盘几乎未有较大变动,因周五报告公布在即,盘面以双边整理为主。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><SPAN style="mso-spacerun: yes"><FONT face="Times New Roman"> </FONT></SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">消息方面:</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">1</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">、美国玉米供应可能降至十五年来的最低水平;</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">、</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2010/11</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">年度澳大利亚饲料小麦及其它</SPAN><SPAN style="FONT-SIZE: 12pt"><FONT face="Times New Roman"> </FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">小麦供应形势只有在冬季谷物收割工作进一步完成时才会明朗化;</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">3</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">、本周湖北当阳稻谷收购价略有下降。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><SPAN style="mso-spacerun: yes"><FONT face="Times New Roman"> </FONT></SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">现货方面:锦州港口玉米收购价略有小幅上涨,主要原因是收购量不理想,个别贸易商提价所致,涨</SPAN><SPAN style="FONT-SIZE: 12pt"><FONT face="Times New Roman"> </FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">幅在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">5-10</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨,但不是很普遍。目前锦州港口玉米收购价在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2005-2010</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨,鲅鱼圈港口玉米收购价在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman"> 2000-2010</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨,三个港口平舱价格仍在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2050-2070</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨。广东港口玉米价格平稳震荡,饲料企业采购依</SPAN><SPAN style="FONT-SIZE: 12pt"><FONT face="Times New Roman"> </FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">旧观望,前期进口粮已退货拉走,港口内库存约在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">35</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">万吨左右,</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">15%</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">水分玉米成交价在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2150-2160</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨。郑</SPAN><SPAN style="FONT-SIZE: 12pt"><FONT face="Times New Roman"> </FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">州强筋小麦出库价</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2350</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨,持平;江西九江早稻收购价</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2080</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">元</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">/</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">吨,水分≤</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">13.5%</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><SPAN style="mso-spacerun: yes"><FONT face="Times New Roman"> </FONT></SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">库存方面:玉米仓单为</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">1038</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">张,郑州强麦仓单为</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">5516</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">张,早籼稻仓单为</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">6303</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">张。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt; TEXT-INDENT: 24pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">观点总结:</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">c1109</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">合约上有压力下有支撑,短期观望或震荡思路操作;</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">WS1109</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">合约上行动能不足,后市测试</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2750</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">一线支撑,震荡思路对待;</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">ER1105</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">合约下方</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><FONT face="Times New Roman">2300</FONT></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-hansi-font-family: ''Times New Roman''; mso-ascii-font-family: ''Times New Roman''">一线支撑较好,但上方空间受到限制,建议观望为主。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt"><o:p><FONT face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">金属产品<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">1</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">锌、铝交易提示<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘:隔夜,伦锌震荡整理,收于<SPAN lang=EN-US>5</SPAN>日均线之上,电<SPAN lang=EN-US>3</SPAN>合约收报于<SPAN lang=EN-US>2280</SPAN>美元,跌幅<SPAN lang=EN-US>0.09%</SPAN>;伦铝冲高回落,回吐上日大部分涨幅,电<SPAN lang=EN-US>3</SPAN>合约收报于<SPAN lang=EN-US>2323</SPAN>美元,跌幅<SPAN lang=EN-US>1.88%</SPAN>。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">内外盘比价情况:锌内外比价最高<SPAN lang=EN-US>8.19</SPAN>,最低<SPAN lang=EN-US>7.98</SPAN>,铝内外比价位于<SPAN lang=EN-US>6.83-7.08</SPAN>之间。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息方面:<SPAN lang=EN-US>1.</SPAN>英国央行维持利率及债券购买计划不变<SPAN lang=EN-US> 2.</SPAN>惠誉下调爱尔兰评级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货方面:上海现货<SPAN lang=EN-US>0#</SPAN>锌报<SPAN lang=EN-US>17850-17950</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,较上交易日上涨<SPAN lang=EN-US>100</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,贴水<SPAN lang=EN-US>620-</SPAN>贴水<SPAN lang=EN-US>520</SPAN>元<SPAN lang=EN-US>/</SPAN>吨;<SPAN lang=EN-US>1#</SPAN>锌报<SPAN lang=EN-US>17800-17900</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,涨<SPAN lang=EN-US>100</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,贴水<SPAN lang=EN-US>670-</SPAN>贴水<SPAN lang=EN-US>570</SPAN>元<SPAN lang=EN-US>/</SPAN>吨。<SPAN lang=EN-US>A00 </SPAN>铝报在<SPAN lang=EN-US>15990-16010</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,持平,贴水<SPAN lang=EN-US>10</SPAN>元<SPAN lang=EN-US>/</SPAN>吨<SPAN lang=EN-US>-</SPAN>升水<SPAN lang=EN-US>10</SPAN>元<SPAN lang=EN-US>/</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存方面:<SPAN lang=EN-US>LME</SPAN>锌库存为<SPAN lang=EN-US>631425</SPAN>吨,较上交易日减少<SPAN lang=EN-US>750</SPAN>吨,上海交易所锌期货库存为<SPAN lang=EN-US>219757</SPAN>吨,减少<SPAN lang=EN-US>325</SPAN>吨;<SPAN lang=EN-US>LME</SPAN>铝库存为<SPAN lang=EN-US>4278300</SPAN>吨,较上交易日减少<SPAN lang=EN-US>3125</SPAN>吨,上海交易所铝期货库存为<SPAN lang=EN-US>313588</SPAN>吨,减少<SPAN lang=EN-US>548</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:基本面上,虽陆续有减产消息传来,然供求过剩的局面尚未改变,现货市场成交仍显清淡。资金面上,沪铝主力合约前<SPAN lang=EN-US>20</SPAN>名净空单增加至<SPAN lang=EN-US>7000</SPAN>手以上;沪锌前<SPAN lang=EN-US>20</SPAN>名净空单减少<SPAN lang=EN-US>1.2</SPAN>万手左右。技术显示,市场走势震荡偏弱,沪锌强于沪铝。操作建议:沪锌多单止损位<SPAN lang=EN-US>18000</SPAN>元<SPAN lang=EN-US>/</SPAN>吨;沪铝逢低短多。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">2<SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">铜<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘:昨日伦铜于亚洲市大幅上涨,并再次创下历史新高<SPAN lang=EN-US>9091</SPAN>,但晚间受获利了结盘拖累,伦铜自记录高点回落,尾盘跌<SPAN lang=EN-US>0.74%</SPAN>至<SPAN lang=EN-US>8920</SPAN>。目前铜价即将下探<SPAN lang=EN-US>5</SPAN>日均线,短线有回调迹象。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息方面:<SPAN lang=EN-US>1.</SPAN>美国<SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>4</SPAN>日当周初请失业金人数降至<SPAN lang=EN-US>42.1</SPAN>万人,预估为<SPAN lang=EN-US>42.5</SPAN>万人。<SPAN lang=EN-US>2.</SPAN>美国<SPAN lang=EN-US>10</SPAN>月批发库存较前月增加<SPAN lang=EN-US>1.9%</SPAN>,预估为增加<SPAN lang=EN-US>0.9%</SPAN>。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货方面:上海现铜报<SPAN lang=EN-US>66100-66550</SPAN>元,上涨<SPAN lang=EN-US>1200</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,贴水<SPAN lang=EN-US>300</SPAN>,小幅扩大;内外比价为<SPAN lang=EN-US>7.46-7.47</SPAN>,在上涨行情中,比值处于低位,表明内盘跟涨力度不够。<SPAN lang=EN-US> <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存:<SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>9</SPAN>日<SPAN lang=EN-US>LME</SPAN>铜库存减少<SPAN lang=EN-US>800</SPAN>吨至<SPAN lang=EN-US>349450</SPAN>吨,注销仓单占库存比为<SPAN lang=EN-US>7.06%</SPAN>,较昨日小幅减少,据历史数据显示,注销仓单占比在<SPAN lang=EN-US>5%</SPAN>之下的话,伦铜库存增加的可能性较大,目前的水平表明库存还将有减少的空间。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:昨日伦铜再次创下历史新高,但尾盘有所走跌,因铜价高位引发投资者获利了结。今日一个新基金将开始自市场买入金属,这对铜价构成支撑,铜价的小幅回调仅是技术性回调需求。两市资金受此影响,纷纷涌入铜市做多,预计维持易涨难跌格局,但同时我们也要注意两市比价在上涨行情当中继续于低位运行,表明内盘跟涨力度不够,因此在操作上,内盘要保持谨慎看多思路。今日沪铜料低开于<SPAN lang=EN-US>67000</SPAN>附近,如跌破<SPAN lang=EN-US>5</SPAN>日均线可尝试日内短空。在目前铜市易涨难跌的格局下,投资者不可贸然摸顶大量抛空。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">3 </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">钢材<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货市场:<st1:chmetcnv w:st="on" UnitName="mm" SourceValue="8" HasSpace="False" Negative="False" NumberType="1" TCSC="0"><SPAN lang=EN-US>8mm</SPAN></st1:chmetcnv><SPAN lang=EN-US> Q235</SPAN>高线上海报价<SPAN lang=EN-US>4680</SPAN>,持平,<st1:chmetcnv w:st="on" UnitName="mm" SourceValue="20" HasSpace="False" Negative="False" NumberType="1" TCSC="0"><SPAN lang=EN-US>20mm</SPAN></st1:chmetcnv><SPAN lang=EN-US> HRB400</SPAN>螺纹钢上海报价<SPAN lang=EN-US>4850</SPAN>,持平<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息:<SPAN lang=EN-US>(1) </SPAN>银监会否认叫停房产信托 重申禁止性融资方式<SPAN lang=EN-US>(2) </SPAN>敏感时间窗口<SPAN lang=EN-US>3</SPAN>年期央票停发 存准率上调预期骤升<SPAN lang=EN-US>(3) </SPAN>今年<SPAN lang=EN-US>580</SPAN>万套保障房已完成全部开工任务<SPAN lang=EN-US>(4) </SPAN>印度<SPAN lang=EN-US>63.5%</SPAN>粉矿<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="9" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>9</SPAN>日</st1:chsdate><SPAN lang=EN-US>CIF</SPAN>参考报价<SPAN lang=EN-US>173-175</SPAN>美元<SPAN lang=EN-US>/</SPAN>吨,涨<SPAN lang=EN-US>1</SPAN>美元<SPAN lang=EN-US>/</SPAN>吨<SPAN lang=EN-US>.<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存:上海交易所螺纹钢仓单日报为<SPAN lang=EN-US>42162</SPAN>,减<SPAN lang=EN-US>1493</SPAN>。线材仓单日报为<SPAN lang=EN-US>0</SPAN>,持平。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">锌铝<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>观点总结:基本面上,虽陆续有减产消息传来,然供求过剩的局面尚未改变,现货市场成交仍显清淡。资金面上,沪铝主力合约前<SPAN lang=EN-US>20</SPAN>名净空单增加至<SPAN lang=EN-US>7000</SPAN>手以上;沪锌前<SPAN lang=EN-US>20</SPAN>名净空单减少<SPAN lang=EN-US>1.2</SPAN>万手左右。技术显示,市场走势震荡偏弱,沪锌强于沪铝。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">4 </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">黄金<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘:隔夜黄金结束连续两日的下跌行情,小幅收涨,其中<SPAN lang=EN-US>COMEX12</SPAN>黄金上涨<SPAN lang=EN-US>0.69%</SPAN>至<SPAN lang=EN-US>1392.1</SPAN>美元<SPAN lang=EN-US>/</SPAN>盎司。昨日金价在下探<SPAN lang=EN-US>1380</SPAN>之后有所回升,表明<SPAN lang=EN-US>1380</SPAN>一线有支撑作用。<SPAN lang=EN-US> <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息方面:<SPAN lang=EN-US>1.</SPAN>美国<SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>4</SPAN>日当周初请失业金人数降至<SPAN lang=EN-US>42.1</SPAN>万人,预估为<SPAN lang=EN-US>42.5</SPAN>万人。<SPAN lang=EN-US>2.</SPAN>美国<SPAN lang=EN-US>10</SPAN>月批发库存较前月增加<SPAN lang=EN-US>1.9%</SPAN>,预估为增加<SPAN lang=EN-US>0.9%</SPAN>。<SPAN lang=EN-US>3.12</SPAN>月<SPAN lang=EN-US>9</SPAN>日<SPAN lang=EN-US>SPDR</SPAN>基金黄金持有量减少<SPAN lang=EN-US>1.53</SPAN>吨至<SPAN lang=EN-US>1293.77</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货方面:上海黄金<SPAN lang=EN-US>9999</SPAN>报<SPAN lang=EN-US>298.5</SPAN>元<SPAN lang=EN-US>/</SPAN>克,上涨<SPAN lang=EN-US>1.6</SPAN>元<SPAN lang=EN-US>/</SPAN>克,涨幅为<SPAN lang=EN-US>0.54% <o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:昨日黄金结束前两日的下跌行情,小幅收涨,但其涨势较弱,目前还很难判断其回调行情结束。昨日美国国债收益率有所走跌且市场再次对通胀忧虑产生担忧,金价获益上涨。今日沪金料继续测试<SPAN lang=EN-US>300</SPAN>的支撑,若有企稳后尝试日内短多操作。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center; tab-stops: 18.0pt" align=center><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center" align=center><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">化工品<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">1</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">连塑<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US>1</SPAN>、未来两年全球化工业年均增速将超<SPAN lang=EN-US>5%<SPAN style="mso-spacerun: yes"> </SPAN>2</SPAN>、亚洲乙烯平稳运行 成交清淡<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货市场:<SPAN lang=EN-US>LLDPE</SPAN>现货价格继续保持平稳。扬子石化<SPAN lang=EN-US>DFDA-7042</SPAN>报<SPAN lang=EN-US>11000</SPAN>。市场成交不活跃。亚洲乙烯小幅上涨,东北亚报<SPAN lang=EN-US>1173</SPAN>——<SPAN lang=EN-US>1175</SPAN>美元,东南亚乙烯报<SPAN lang=EN-US>1085</SPAN>——<SPAN lang=EN-US>1087</SPAN>美元,均上涨<SPAN lang=EN-US>5</SPAN>美元。市场成交低迷。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存数据:交易所仓单报<SPAN lang=EN-US>26643</SPAN>张,较昨日减少<SPAN lang=EN-US>200</SPAN>张。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:昨日连塑高开震荡,下方五日均线为其提供了一定的支撑,但上方<SPAN lang=EN-US>20</SPAN>日均线的压力也不可小觑。多空双方分岐严重,盘中交投清淡,成交低迷。基本面上,原油高位震荡,亚洲乙烯价格坚挺,国内乙烯减产令市场供应略微趋紧,这些因素对连塑形成一定的支撑。且经过前期连续回落,预计连塑短期有反弹要求。但库存仓单持续高位,淡季需求回软也对期价形成一定的压制,预计连塑后市将维持区间震荡格局。建议投资者仍以日内交易为主,等待趋势明朗后再顺势跟进<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">2<SPAN style="mso-spacerun: yes"> </SPAN>PVC<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US>1</SPAN>、电石市场观望气氛渐浓;<SPAN lang=EN-US>2</SPAN>、内蒙古乌海市集中力量推动氯碱等产业集群发展。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货市场:<SPAN lang=EN-US>PVC</SPAN>现货价格走势不一,华东地区乙烯法<SPAN lang=EN-US>PVC</SPAN>报<SPAN lang=EN-US>8800</SPAN>元,与昨日持平,电石法<SPAN lang=EN-US>PVC</SPAN>报<SPAN lang=EN-US>8050</SPAN>元,较昨日下跌<SPAN lang=EN-US>100</SPAN>元。市场成交略有好转。电石价格继续保持平稳,西北电石报<SPAN lang=EN-US>4350</SPAN>元,跌<SPAN lang=EN-US>50</SPAN>元。华东电石报<SPAN lang=EN-US>4800</SPAN>元,无涨跌。市场成交一般。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存数据:交易所仓单报<SPAN lang=EN-US>1034</SPAN>张,与昨日持平。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:昨日<SPAN lang=EN-US>PVC</SPAN>小幅反弹,上方多条均线对其构成一定的压力。基本面上,原油高位运行及电石价格坚挺对<SPAN lang=EN-US>PVC</SPAN>形成一定的成本支撑。但现货需求低迷,货币政策进一步收紧,加息预期不断则在一定程度上打压了<SPAN lang=EN-US>PVC</SPAN>的反弹空间,预计后市<SPAN lang=EN-US>PVC</SPAN>将维持弱势震荡格局,操作上,投资者手中空单可设好止损,继续谨慎持有。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">3 </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">天胶<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘走势: 受原油期货亚洲交易时段走强支撑<SPAN lang=EN-US>,<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="9" Month="12" Year="2010">12<SPAN lang=EN-US><SPAN lang=EN-US>月9</SPAN></SPAN><SPAN lang=EN-US><SPAN lang=EN-US>日</SPAN></SPAN></st1:chsdate>TOCOM</SPAN>橡胶期货震荡走高,收盘上涨<SPAN lang=EN-US>0.8%</SPAN>(<SPAN lang=EN-US>3.1</SPAN>日元),报收于<SPAN lang=EN-US>380.3</SPAN>日元<SPAN lang=EN-US>/kg</SPAN>,技术面仍对日胶形成有力的支撑,后市若能成功突破<SPAN lang=EN-US>383</SPAN>日元一线的压制,上升空间将被进一步打开。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US>1</SPAN>、<SPAN lang=EN-US>2011</SPAN>年中国汽车市场增长幅度或在<SPAN lang=EN-US>10%-20%<o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货市场:上海市场橡胶现货价格继续平稳运行。云南农垦<SPAN lang=EN-US>SCRWF</SPAN>标准胶报<SPAN lang=EN-US>31800</SPAN>,越南<SPAN lang=EN-US>SVR3L</SPAN>标准胶报<SPAN lang=EN-US>32500</SPAN>元,均与上一交易日持平。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">天气方面:<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>亚洲各橡胶主产区天气预报如下:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">泰国<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>曼谷<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>晴<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>32</SPAN>℃~<SPAN lang=EN-US>23</SPAN>℃<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>风力:<SPAN lang=EN-US>3</SPAN>级转<SPAN lang=EN-US>2</SPAN>级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">越南<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>河内<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>晴<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>24</SPAN>℃~<SPAN lang=EN-US>16</SPAN>℃<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>风力:<SPAN lang=EN-US>3</SPAN>级转<SPAN lang=EN-US>2</SPAN>级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">胡志明市<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>阴<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN><st1:chmetcnv w:st="on" UnitName="℃" SourceValue="32" HasSpace="False" Negative="False" NumberType="1" TCSC="0">32<SPAN lang=EN-US><SPAN lang=EN-US>℃</SPAN></SPAN></st1:chmetcnv><SPAN lang=EN-US>~<st1:chmetcnv w:st="on" UnitName="℃" SourceValue="21" HasSpace="False" Negative="False" NumberType="1" TCSC="0">21<SPAN lang=EN-US><SPAN lang=EN-US>℃</SPAN></SPAN></st1:chmetcnv><SPAN style="mso-spacerun: yes"> </SPAN></SPAN></SPAN>风力:<SPAN lang=EN-US>2</SPAN>级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">马来西亚 吉隆坡<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>雷阵雨<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>32</SPAN>℃~<SPAN lang=EN-US>23</SPAN>℃<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>风力:<SPAN lang=EN-US>2</SPAN>级转<SPAN lang=EN-US>1</SPAN>级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">印尼<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>雅加达<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>雷阵雨<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN>30</SPAN>℃~<SPAN lang=EN-US>24</SPAN>℃<SPAN lang=EN-US><SPAN style="mso-spacerun: yes"> </SPAN></SPAN>风力:<SPAN lang=EN-US>2</SPAN>级<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存数据:交易所仓单报<SPAN lang=EN-US>41720</SPAN>吨,较昨日增加<SPAN lang=EN-US>365</SPAN>吨。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:昨日沪胶依托五日均线小幅上行,持仓量明显放大,显示市场分岐仍大。原油高位运行,印度减产预期均对天胶价格形成一定的支撑。但通胀预期强烈,加息传闻不断对沪胶形成一定的压力。预计短期内沪胶就将寻求突破方向。操作上,建议投资者以日内交易为主。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">4 PTA<SPAN style="mso-tab-count: 1"> </SPAN><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息面:<SPAN lang=EN-US>1</SPAN>、<SPAN lang=EN-US>NYMEX</SPAN>原油微幅收涨,受美国初请失业金人数降幅超过预期提振。<SPAN lang=EN-US>NYMEX 1</SPAN>月原油期货上涨<SPAN lang=EN-US>0.09</SPAN>美元,报收<SPAN lang=EN-US>88.37</SPAN>美元<SPAN lang=EN-US>/</SPAN>桶。<SPAN lang=EN-US>2</SPAN>、翔鹭石化<SPAN lang=EN-US>150</SPAN>万吨<SPAN lang=EN-US>/</SPAN>年的<SPAN lang=EN-US>PTA</SPAN>装置开工满负荷,公司产品全部执行合同户,主要供应周边下游,公司计划<SPAN lang=EN-US>2012</SPAN>年<SPAN lang=EN-US>4</SPAN>月份建成<SPAN lang=EN-US>200</SPAN>万吨<SPAN lang=EN-US>/</SPAN>年的<SPAN lang=EN-US>PTA</SPAN>二期装置。<SPAN lang=EN-US>3</SPAN>、江浙涤丝市场整体稳定,个别厂家相对滞销品种继续下调,操作维持以出货为主线,买盘气氛较前期回落,涤丝仍处弱势震荡行情。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货价格:华东<SPAN lang=EN-US>PTA</SPAN>市场行情趋稳,市场卖方维持在报盘在<SPAN lang=EN-US>9300</SPAN>元<SPAN lang=EN-US>/</SPAN>吨附近,市场询盘稀少,观望情绪浓厚,主流商谈在<SPAN lang=EN-US>9200-9250</SPAN>元<SPAN lang=EN-US>/</SPAN>吨附近展开,实盘清淡。亚洲<SPAN lang=EN-US>PTA</SPAN>现货市场气氛冷清,台产货少量报盘在<SPAN lang=EN-US>1170</SPAN>美元<SPAN lang=EN-US>/</SPAN>吨附近,买方观望情绪明显,主流商谈在<SPAN lang=EN-US>1160-1165</SPAN>美元<SPAN lang=EN-US>/</SPAN>吨附近,韩产现货商谈在<SPAN lang=EN-US>1145</SPAN>美元附近。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">库存数据:交易所仓单为<SPAN lang=EN-US>19986</SPAN>张,较上一交易日增加<SPAN lang=EN-US>180</SPAN>张,有效预报<SPAN lang=EN-US>1840</SPAN>张。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:原油围绕<SPAN lang=EN-US>90</SPAN>美元关口整理,国内商品市场受紧缩调控预期影响市场心态较为谨慎,加息预期令市场承压;<SPAN lang=EN-US>PTA</SPAN>现货市场气氛弱势反复,下游追高意向不强。江浙涤丝市场报价平稳,下游及贸易商观望情绪较浓,产销适度回落;聚酯切片成交偏淡,聚酯工厂出货心态较明显。<SPAN lang=EN-US>PTA1105</SPAN>合约期价小幅收跌,期价在<SPAN lang=EN-US>9600</SPAN>关口继续承压,短线考验<SPAN lang=EN-US>5</SPAN>日线支撑,延续震荡走势。操作上,短线日内交易为主,冲高短空。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">5 </SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">沪油<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">外盘走势:<SPAN lang=EN-US>9</SPAN>日<SPAN lang=EN-US>NYMEX</SPAN>原油期货小幅收涨,受美国初请失业金人数降幅超过预期提振。<SPAN lang=EN-US>NYMEX 1</SPAN>月原油期货上涨<SPAN lang=EN-US>9</SPAN>美分或<SPAN lang=EN-US>0.1%</SPAN>,报每桶<SPAN lang=EN-US>88.37</SPAN>美元。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">消息方面:<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN>1</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、世界上最大的能源咨询顾问公司之一的伍德麦肯兹公司(<SPAN lang=EN-US>WM</SPAN>)说,全球今年石油需求将日增<SPAN lang=EN-US>250</SPAN>万桶,这将是有记录以来石油需求增加量第二多的一年。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN>2</SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">、<SPAN lang=EN-US>OPEC</SPAN>将于周六举行会议讨论产量目标,多个成员国代表坚持全球经济增长能够承受<SPAN lang=EN-US>90</SPAN>美元<SPAN lang=EN-US>/</SPAN>桶的油价。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">现货方面:<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="9" Month="12" Year="2010"><SPAN lang=EN-US>12</SPAN>月<SPAN lang=EN-US>9</SPAN>日</st1:chsdate>黄埔到岸价,新加坡高硫<SPAN lang=EN-US>180</SPAN>美金价<SPAN lang=EN-US>515.77</SPAN>美元,到岸贴水<SPAN lang=EN-US>9-10</SPAN>美元,新加坡高硫<SPAN lang=EN-US>380</SPAN>美金价<SPAN lang=EN-US>505.69</SPAN>美元。华南混调油最新交易估价:船用混调<SPAN lang=EN-US>180</SPAN>交易过驳价至<SPAN lang=EN-US>4590-4600</SPAN>元<SPAN lang=EN-US>/</SPAN>吨;库提价<SPAN lang=EN-US>4600-4610</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,均价持平,国产锅炉用混调<SPAN lang=EN-US>180CST</SPAN>交易价至<SPAN lang=EN-US>4400-4450</SPAN>元<SPAN lang=EN-US>/</SPAN>吨,均价持平。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体">观点总结:国际原油位于<SPAN lang=EN-US>90</SPAN>美元下方整理,亚洲燃料油连续两天下滑,受国内现货市场需求疲软的抑制,燃料油的上行空间受限。沪油<SPAN lang=EN-US>1103</SPAN>合约小幅收涨,期价在<SPAN lang=EN-US>4800</SPAN>一线有所企稳,盘中短暂冲高后回落,上方<SPAN lang=EN-US>5000</SPAN>关口压力较重,延续震荡格局。操作上,震荡思路,冲高短空。<SPAN lang=EN-US><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 12pt"><SPAN lang=EN-US style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-bidi-font-family: 宋体"><o:p> </o:p></SPAN></P>
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