Market expectations: Anti-"overwork" efforts in multiple industries will increase in the second half of the year.

Recently, various industry associations have successively issued initiatives against "internal competition". Market expectations are that in the second half of the year, efforts to combat "internal competition" will further intensify, and industries such as steel, non-ferrous metals, building materials, and photovoltaics are expected to undergo a repositioning of supply patterns, thereby driving a new round of volatility in bulk commodities, the stock market, and the bond market. On August 12, lithium carbonate futures continued to rise, hitting a new high in over a year during trading; in addition, several commodity futures rose simultaneously, with trading volumes continuing to increase, including coking coal futures breaking through the November 2024 high point during trading.