The total amount of futures funds reached a historical high, with the number of "billion-level" varieties increasing to 19.

Data shows that as of July 24, the total amount of idle funds in the futures market was nearly 778.3 billion yuan, reaching a historical high. Since June 25, the total amount of idle funds has remained above the 700 billion yuan mark for nearly a month. At the same time, the number of "billion-yuan level" varieties has increased to 19, including lithium carbonate, polysilicon, hot-rolled coil, soybean oil, palm oil, and 30-year treasury futures, all of which have received more favor from investors. Several analysts believe that the fundamental expectations of the commodity market have greatly improved recently, with supply and demand dynamics in various industries being readjusted under policy influences. Additionally, the demand for risk management by industrial companies has increased, leading to a rapid influx of funds into the futures market for hedging purposes.