Pumpjack Oil Industry Equipment
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宏观策略(外汇期货(美元指数))
美国11月ADP就业人数意外减少3.2万
最新的ADP就业不及预期,劳动力市场进一步走弱,表明经济下行压力加剧,市场风险偏好回升,美元走弱。

宏观策略(黄金)
美国11月ISM非制造业PMI为52.6
金价震荡收涨在4200美金附近运行,美国经济数据显示劳动力市场继续走弱,11月ADP就业人数下降、ISM非制造业PMI就业分项持续处于收缩区间。

农产品(白糖)
广西:25/26榨季截至11月底产混合糖13.39万吨
巴西中南部11月甘蔗压榨量、糖产量及制糖比均低于此前市场预期,影响利多。且榨季后期巴西糖厂收榨进度较快,估计11 月底收榨进度将超7成。

有色金属(铜)
嘉能可下调2026年铜产量预期
美国就业数据超预期加剧市场降息预期,叠加LME提货订单大幅超预期增加,宏观与基本面利多因素共振,推动铜价再创新高。

能源化工(纸浆)
今日进口木浆现货市场价格延续上涨走势
总的来说,狮牌的关停在当前廉价仓单缺乏的背景下,再次点燃了市场的乐观情绪,但不足以改变当前纸浆供应过剩的格局,预计盘面上行空间或相对有限。但长期来看,需密切关注。

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