系统性风险、价格大幅波动、装臵事故风险，进出口政策改变或产区出现异常气候。

1. 原油、沥青 ................................................................................................................ 8
1.1 原油 ................................................................................................................. 8
1.2 沥青 ................................................................................................................. 9
2. 化工品 ..................................................................................................................... 11
2.1 橡胶 ............................................................................................................... 11
2.2 PTA................................................................................................................. 12
2.3 PP .................................................................................................................. 14
2.4 甲醇 ............................................................................................................... 15
2.5 塑料 ............................................................................................................... 17
2.6 PVC ................................................................................................................ 19
3. 贵金属 ..................................................................................................................... 20
3.1 黄金 ............................................................................................................... 20
3.2 白银 ............................................................................................................... 21
3.3 铂系金属 ........................................................................................................ 22
4. 基本金属 .................................................................................................................. 22
4.1 铜 ................................................................................................................... 22
4.2 铝 ................................................................................................................... 23
4.3 铅 ................................................................................................................... 24
4.4 锌 ................................................................................................................... 25
4.5 镍 ................................................................................................................... 26
5. 螺纹钢、铁矿石 ....................................................................................................... 27
5.1 螺纹钢............................................................................................................ 27
5.2 铁矿石............................................................................................................ 29
6. 软商品、谷物 .......................................................................................................... 30
6.1 白糖 ............................................................................................................... 30
6.2 棉花 ............................................................................................................... 32
6.3 玉米 ............................................................................................................... 33
6.4 玉米淀粉 ........................................................................................................ 35
6.5 鸡蛋 ............................................................................................................... 36
7. 油脂油料 ....................................................... 38
7.1 大豆 ......................................................... 38
7.2 豆粕 ......................................................... 40
7.3 菜粕 ......................................................... 41
7.4 豆油 ............................................... 43
7.5 棕榈油.................................................. 44
8. 风险提示 ........................................................... 45