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Data as of: 2026-10-15 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)
Generated: 2026-10-15 07:06:36 · Benchmark settle: 2026-10-14
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

2026-10-15 中国期货晨报：贵金属暴跌能化逆势，黑色分化焦煤动能衰减

【核心观点三条】①美元强势叠加CPI前夕多头减仓，沪银夜盘较结算暴跌6.27%至13525，跌破20日低点14203后下方空间打开，下看13483夜盘低点，失效条件站回14000。②原油地缘溢价支撑聚酯链成本，SC夜盘收729.5较结算-2.28%回吐涨幅但5日仍+4.42%，能化板块PP+1%、EG+3.3%验证链内强弱切换，PTA加工费236元/吨处13%分位有扩张空间。③黑色系分化加剧，焦煤5日+6.04%领涨但夜盘收1477较结算-4.86%动能衰减，卷螺差164元处2%极低分位限制热卷下行空间，螺纹盘面毛差995元处77%分位反映成材端利润尚可。