Report Summary 1. Report Industry Investment Rating There is no information provided regarding the report's industry investment rating. 2. Core View of the Report There is no clear core view presented in the provided content. The document mainly lists the spot prices, futures prices, basis, basis rates, historical quantiles, and other data of various commodities and financial products. 3. Summary by Related Catalogs Metals - **Ferroalloys**: For 72 - silicon - iron qualified blocks (SF507), the spot price is 5322, the basis is 376, and the basis rate is 93.30%. For 6517 - silicon - manganese (SM509), the spot price is 5530, the basis is 240, and the basis rate is 4.34% [1]. - **Steel Products**: The spot price of HRB400 20mm in Shanghai for rebar (RB2510) is 2978, and the futures price is 3120 with a basis of 142 and a basis rate of 4.77%. For hot - rolled coil (HC2510), the spot price is 3110, the futures price is 3200, the basis is 90, and the basis rate is 2.89% [1]. - **Iron Ore and Coking Coal**: The spot price of 62.5% Brazilian mixed powder (BRBF) from Vale at Rizhao Port for iron ore (I2509) is 707, with a basis of 10.07%. For coke (J2509), the spot price is 1332, and the basis rate is 4.95%. For coking coal (JM2509), the spot price is 759, and the basis rate is 23.19% [1]. - **Non - ferrous Metals**: For copper (CU2507), the spot price is 78485, the futures price is 78130, the basis is 355, and the basis rate is 0.45%. For aluminum (AL2507), the spot price is 20380, the futures price is 20200, the basis is 180, and the basis rate is 0.89% [1]. Precious Metals - For gold (AU2508), the spot price is 764.3, the futures price is 762.5, the basis is - 1.8, and the basis rate is - 0.24%. For silver (AG2508), the spot price is 8224.0, the futures price is 8202.0, the basis is - 22.0, and the basis rate is - 0.27% [1]. Agricultural Products - For soybean meal (M2509), the spot price is 2962.0, the futures price is 2820, the basis is - 142.0, and the basis rate is - 4.79%. For soybean oil (Y2509), the spot price is 7960, the futures price is 7724.0, the basis is 236.0, and the basis rate is 3.06% [1]. Energy and Chemicals - For paraxylene (PX509), the spot price is 7111.1, the futures price is 6788.0, the basis is 323.1, and the basis rate is 4.76%. For PTA (TA509), the spot price is 4860.0, the futures price is 4814.0, the basis is 46.0, and the basis rate is 0.96% [1]. Financial Products - For CSI 300 index futures (IF2506), the spot price is 3858.7, the futures price is 3832.8, the basis is - 25.9, and the basis rate is - 0.68%. For SSE 50 index futures (IH2506), the spot price is 2690.9, the futures price is 2673.6, and the basis rate is - 0.65% [1].

| 股指期货价差日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可【2011】1292号 2025年5月30日 | | | | 叶倩宁 | Z0016628 | | 价差 | 品种 | 最新值 | 较前一日变化 | 历史1年分位数 | 全历史分位数 | | | F期现价差 | -25.90 | 5.34 | 22.50% | 16.20% | | 期现价差 | H期现价差 | -17.29 | 0.37 | 18.00% | 10.90% | | | IC期现价差 | -51.31 | 17.93 | 16.80% | 19.00% | | | IM期现价差 | -58.58 | 26.88 | 90.00% | 19.60% | | | 次月-当月 | -35.20 | 3.60 | 6.50% | 9.50% | | | 季月-当月 | -65.60 | 4.20 | 10.60% | 16.50% | | F跨期价差 | 远月-当月 | -100.00 | 8.20 | 12.70% | 18.50% | | | 李月 ...

原油产业期现日报 投资咨询业务资格:证监许可【2011】1292号 2025年5月30日 宙 扬 Z0020680 | 原油价格及价差 | | | | | | | --- | --- | --- | --- | --- | --- | | 品中 | 5月30日 | 5月29日 | 涨跌 | 涨跌幅 | 单位 | | Brent | 64.15 | 64.90 | -0.75 | -1.16% | 美元/桶 | | WII | 60.83 | 60.94 | -0.11 | -0.18% | | | ਟ | 457.40 | 453.60 | 3.80 | 0.84% | 元/桶 | | Brent M1-M3 | 1.43 | 1.17 | 0.26 | 22.22% | 美元/桶 | | WTI M1-M3 | 1.41 | 0.32 | 1.09 | 340.62% | | | SC MI-M3 | 11.00 | 4.00 | 7.00 | 175.00% | 元/相 | | Brent-WTI | 3.32 | 3.21 | 0.11 | 3.43% | | | EFS | 1.94 | 1.96 | ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2506 | 总持仓明显上升 | 国君多空头均大幅加仓 | | 上证 | 50 | IH2506 | 总持仓明显上升 | 中信多空头各加仓超 2000 手 | | 中证 | 500 | IC2506 | 总持仓明显上升 | 国君多空头增仓逾 3000 手 | | 中证 | 1000 | IM2506 | 总持仓大幅上升 | 中信多头国君空头增仓 5000 手以 上 | 股指期货持仓日度变动简评 叶倩宁（投资咨询资格：Z0016628） 电话：020-88818051 邮箱：yeqianning@gf.com.cn 2025 年 5 月 30 日星期五 广发期货早评 [股指期货] ◆ IF：总持仓明显上升，国君多空头均大幅加仓 【品种总持仓及主力合约持仓变化】 ...

广发早知道-汇总版 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 金融衍生品： 金融期货： 股指期货、国债期货 贵金属： 黄金、白银 集运指数 商品期货： 有色金属： 铜、锌、镍、不锈钢、锡、碳酸锂 黑色金属： 钢材、铁矿石、焦煤、焦炭、铁合金 农产品： 油脂、粕类、玉米、生猪、白糖、棉花、鸡蛋、花生、红枣、苹果 能源化工： 原油、PTA、乙二醇、苯乙烯、短纤、尿素、瓶片、烧碱、PVC、LLDPE、 PP 特殊商品： 橡胶、玻璃纯碱、工业硅、多晶硅 刘珂（投资咨询资格：Z0016336） 电话：020-88818026 邮箱：qhliuke@gf.com.cn 叶倩宁（投资咨询资格：Z0016628） 电话：020- 88818017 邮箱：yeqianning@gf.com.cn 周敏波（投资咨询资格：Z0010559） 电话：020-81868743 邮箱：zhoumingbo@gf.com.cn 本报告中所有观点仅供参考，请务必阅读正文之后的免责声明。 2025 年 5 月 30 日星期五 投资咨询业务资格： 证监许可【2011】1292 ...

Report Summary 1. Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views - The overall market shows a mixed picture with different commodities experiencing various trends such as震荡 (side - ways movement), decline, or potential for price adjustments. Different trading strategies are recommended for each commodity based on their specific market conditions [2]. 3. Summary by Commodity Categories Financial - **Stock Index Futures**: Indexes have stable lower support but face high upper - breakthrough pressure. Trading volume is low, and there is no clear trend. It is recommended to wait and see [2]. - **Treasury Bonds**: In the short - term, 10 - year Treasury bond rates may fluctuate between 1.65% - 1.7%, and 30 - year rates between 1.85% - 1.95%. The market is in a narrow - range震荡, waiting for fundamental guidance. Unilateral strategies suggest waiting and observing, while paying attention to high - frequency economic data and fund - flow dynamics. For the 2509 contract, a positive arbitrage strategy is recommended [2]. - **Precious Metals**: Gold fails to continue its upward trend due to a lack of clear drivers and may maintain a震荡 pattern. A strategy of selling out - of - the - money gold option straddles can be used to earn time value. Silver follows gold's fluctuations, and it is recommended to sell relatively out - of - the - money call options [2]. Black Metals - **Steel**: Industrial material demand and inventory are deteriorating. Attention should be paid to the decline in apparent demand. Steel mill maintenance is increasing, and hot metal production is falling from its peak. For the RB2510 contract, unilateral operations are on hold, and attention is given to the strategy of going long on materials and short on raw materials [2]. - **Iron Ore**: Attention is paid to the support around 670 - 680 [2]. - **Coke**: The second round of coke price cuts by major steel mills was implemented on the 28th. There is still a possibility of further price cuts, and it is recommended to short the J2509 contract at an appropriate time [2]. - **Coking Coal**: The market auction is continuously cold, coal mine production is at a high level, and inventory is high. There is still a possibility of price decline, and it is recommended to short the JM2509 contract [2]. Energy and Chemicals - **Crude Oil**: The macro - situation and supply - increase expectations are in a stalemate, and the market is waiting for the implementation of OPEC's production - increase policy. The WTI is expected to fluctuate between [59, 69], Brent between [61, 71], and SC between [440, 500]. For arbitrage, attention is paid to the INE month - spread rebound opportunities [2]. - **Urea**: Under high - supply pressure, the market is searching for a bottom in a震荡 pattern. It is recommended to use a medium - to - long - term band trading strategy and a short - term unilateral bearish strategy. The main contract's fluctuation range is adjusted to around [1800, 1900] [2]. - **PX**: Supply - demand conditions are marginally weakening, but the spot market is tight, so there is support at low levels. In the short - term, it will震荡 between 6500 - 6800. A light - position reverse arbitrage for PX9 - 1 can be tried, and the PX - SC spread can be shorted when it is high [2]. - **PTA**: Supply - demand conditions are marginally weakening, but raw - material support is strong. In the short - term, it will震荡 between 4600 - 4800, and a reverse arbitrage for TA9 - 1 is recommended [2]. Agricultural Products - **Live Pigs**: Supported by pre - Dragon Boat Festival stocking, attention is paid to the support at 13500 [2]. - **Corn**: The market price will震荡 around 2320 in the short - term [2]. - **Oils and Fats**: There are both bullish and bearish factors, and oils and fats are in a narrow - range震荡. Palm oil may reach 8100 in the short - term [2]. - **Sugar**: Overseas supply is expected to be loose. It is recommended to wait and see or conduct bearish trading on rebounds [2]. - **Cotton**: The downstream market remains weak, and bearish trading on rebounds is recommended [2]. Special Commodities - **Glass**: Market sentiment has weakened again. Attention is paid to the support at the 1000 - point level for the FG2509 contract [2]. - **Rubber**: With a weak fundamental outlook, the RU contract has increased positions and declined. Short positions should be held, and attention is paid to the support around 13000 [2]. - **Industrial Silicon**: The industrial silicon futures are still falling under high - supply pressure, and the fundamentals remain bearish [2]. New Energy - **Polysilicon**: Polysilicon futures have stabilized and are in a震荡 pattern. If there are long positions, hold them cautiously [2]. - **Lithium Carbonate**: The market is in a weak震荡 adjustment, and the main contract is expected to trade between 58,000 - 62,000 [2].

| 钢材产业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可 【2011】1292号 2025年5月29日 | | | 周敏波 | Z0010559 | | | 钢材价格及价差 | | | | | | | 品种 | 现值 | 前值 | 涨跌 | 某差 | 单位 | | 螺纹钢现货(华东) | 3100 | 3130 | -30 | 122 | | | 螺纹钢现货(华北) | 3160 | 3180 | -20 | 182 | | | 螺纹钢现货(华南) | 3240 | 3250 | -10 | 262 | | | 螺纹钢05合约 | 2996 | 3013 | -17 | 104 | | | 螺纹钢10合约 | 2964 | 2980 | -16 | 136 | | | 螺纹钢01合约 | 2978 | 2998 | -20 | 122 | 元/吨 | | 热卷现货(华东) | 3180 | 3200 | -20 | 70 | | | 热卷现货(华北) | 3150 | 3150 | 0 | 40 | | | 热卷现 ...

| 锡产业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可 【2011】1292号 2025年5月29日 | | | | 寇帝斯 | Z0021810 | | 现货价格及基差 | | | | | | | 品种 | 现值 | 前值 | 涨跌 | 涨跌幅 | 单位 | | SMM 1#锡 | 264900 | 264800 | 100 | 0.04% | | | SMM 1#锡升贴水 | 650 | 700 | -50 | -7.14% | 元/吨 | | 长江 1#锡 | 265400 | 265300 | 100 | 0.04% | | | LME 0-3升贴水 | -111.00 | -135.00 | 24.00 | 17.78% | 美元/吨 | | 内外比价及进口盈亏 | | | | | | | 品种 | 现值 | 前值 | 涨跌 | 涨跌幅 | 单位 | | 进口盈亏 | -10585.57 | -9335.31 | -1250.26 | -13.39% | 元/吨 | | 沪伦比值 | 8.09 | 8.1 ...

| 股指期货价差日报 | | | | | --- | --- | --- | --- | | 投资咨询业务资格:证监许可【2011】1292号 Z0016628 2025年5月29日 叶倩宁 | | | | | 价号 品种 最新值 较前一日变化 历史1年分位数 全历史分位数 | | | | | 上期邮刊美 -31.24 -1.04 15.1096 11.50% | | | | | 期现价差 | | | H期现价差 -17.66 -0.98 16.80% 10.40% | | IC期现价差 -69.24 4.91 11.80% 9.90% | | | | | IM期现价差 -85.46 8.00 90.00% 10.70% | | | | | 次月-当月 -38.80 -1.00 3.20% 7.70% | | | | | 学月-当月 -69.80 -0.60 8.60% 14.50% | | | | | 元月-景月 -108.20 -6,20 10.60% 16,40% IF跨期价差 | | | | | -31.00 0.40 9.80% 20.90% 李月-次月 | | | | | -69.40 21.80 ...

原木期货日报 2025年5月29日 证监许可 【2011】1292号 2月23日 2月16日 单位 涨跌 张跌幅 地区 中国 343.00 341.00 0.59% 2.0 2.1 万/立方米 山东 192.00 189.9 1.11% 江苏 109.96 -1.9 111.86 -1.70% 日均出库量 需求: (周慶) 5月23日 2月16日 涨跌 涨跌幅 地区 单位 6.21 中国 6.14 0.07 1% 0.00 万/立方米 3.20 3.20 0% 山东 江苏 2.36 2.29 0.07 3% 原木日均出库量(万方) 原木主要港口库存(万方) 750 650 550 450 350 250 150 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/111/112/1 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/110/111/112/1 1/1 2022 - 2023 =2024 2025 =2023 =2022 = 2024 辐射松4米中A:CFR价(美元/JAS立方米 辐射松3.8中A现货价(元/立方米) 220 870 200 2020 ...