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Data as of: 2026-10-11 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)
Generated: 2026-10-11 07:06:21 · Benchmark settle: 2026-10-09
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

2026-10-11 中国期货晨报：双焦领涨化工分化，贵金属与有色高位震荡

**核心观点**：①焦煤焦炭日盘涨停级别涨幅（JM +4.3%、J +2.98%）叠加夜盘继续走强（JM +3.39%、J +2.94%），供给收缩预期驱动→前20席位净多双增（JM +2529手、J +404手）→焦煤上看1574（R1），焦炭上看2051.67（R1），跌破S1失效。②贵金属内外共振走强，沪金结算899.1夜盘收908.48较结算+1.04%、沪银结算14515夜盘收14840较结算+2.24%，GC 4216.3隔夜+1.43%、SI 61.048+2.73%→避险与降息预期共振→沪金站稳900上看916.63（R1），沪银突破14911.67（R1）上看15200。③化工强弱分化加剧，甲醇结算3321日盘+6.04%且主力名义持仓+23.51亿元增仓上涨，乙二醇结算5254日盘-4.16%、PTA 6704-0.3%→成本端差异驱动→甲醇多单持有，EG/PTA偏空对待。