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14日 宙 扬 Z0020680 | 原油价格及价差 | | | | | | | --- | --- | --- | --- | --- | --- | | 品种 | 5月14日 | 2月13日 | 涨跌 | 涨跌幅 | 車位 | | Brent | 66.53 | 66.63 | -0.10 | -0.15% | | | WTI | 63.59 | 63.67 | -0.08 | -0.13% | 美元/桶 | | SC | 491.00 | 482.80 | 8.20 | 1.70% | 元/桶 | | Brent M1-M3 | 0.95 | 0.95 | 0.00 | 0.00% | | | WTI M1-M3 | 0.95 | 0.93 | 0.02 | 2.15% | 美元/桶 | | SC M1-M3 | 12.20 | 12.90 | -0.70 | -5.43% | 元/桶 | | Brent-WTI | 2.94 | 2.96 | -0.02 | -0.68% | | | EFS | 1.15 | 1.11 ...

| 玻璃纯碱期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可 【2011】1292号 2025年5月14日 | | | | 蒋诗语 | Z00170002 | | 玻璃相关价格及价差 | | | | | | | 品种 | 现值 | 前值 | 涨跌 | 涨跌幅 | 单位 | | 华北报价 | 1220 | 1220 | 0 | 0.00% | | | 华东报价 | 1360 | 1360 | 0 | 0.00% | | | 华中报价 | 1150 | 1170 | -20 | -1.71% | | | 华南报价 | 1320 | 1320 | 0 | 0.00% | 元/吨 | | 玻璃2505 | 1019 | 1047 | -28 | -2.67% | | | 玻璃2509 | 1016 | 1045 | -29 | -2.78% | | | 05基差 | 201 | 173 | 28 | 16.18% | | | 纯碱相关价格及价差 | | | | | | | 品种 | 现值 | 前值 | 狱跌 | 涨跌幅 | 单 ...

| 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2506 | 总持仓明显下降 | 国君多空头均大幅增仓 4000 手以 上 | | 上证 | 50 | IH2506 | 总持仓下降 | 国君多空头均增仓 2500 手左右 | | 中证 | 500 | IC2506 | 持仓小幅下降 | 东证多空头均增仓一千手以上 | | 中证 | 1000 | IM2506 | 总持仓稍有下降 | 中信多空头均大幅减仓 | 股指期货持仓日度变动简评 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 -8,958.0 -2,241.0 680.0 -646.0 -18,822.0 -7,010.0 -4,733.0 -2,778.0 -20,000 -15,000 -10,000 -5,000 0 5,000 IF IH IC IM 主力合约持仓变动 总持仓变动 2025 ...

| | 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13日 | | | | | 寇帝斯 | Z0021810 | | 现货价格及基差 | | | | | | | | | 品种 | 现值 | 前值 | 张跃 | 张跌幅 | 单位 | | | SMM 1#锡 | 262800 | 259600 | 3200 | 1.23% | | | | SMM 1#锡升贴水 | 900 | 900 | O | 0.00% | 元/吨 | | | 长江 1#锡 | 263300 | 260100 | 3200 | 1.23% | | | | LME 0-3升贴水 | -43.01 | -158.07 | 115.06 | 72.79% | 美元/吨 | | | 内外比价及进口盈亏 | | | | | | | | 品种 | 现值 | 前值 | 张跃 | 涨跌幅 | 单位 | | | 进口盈亏 | -2373.05 | -9430.59 | 7057. ...

| 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13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 | -37.61 | -0.05 | 8.60% | 7.80% | | 期现价差 | H期现价差 | -16.02 | 1.79 | 15.50% | 12.00% | | | IC期现价差 | -105.67 | 11.25 | 5.70% | 2.90% | | | IM期现价差 | -130.46 | 6.42 | 85.00% | 5.40% | | | 次月-当月 | -32.00 | -0.40 | 3.20% | 10.70% | | | 季月-当月 | -98.40 | -1.80 | 0.40% | 7.20% | | | 远月-当月 | -135.40 | -2.00 | 0.40% | 10.00% | ...

中美关税谈判提振市场风险偏好,后市建议关注中东地缘问题 单边未形成强趋势,建议观望。WTI波动区间给到 | | 原油 | SC2507 | . | Production of the first of the finish of the finish of the county of the county of the county of the county of the county of the county of the county of the county of the con | | --- | --- | --- | --- | --- | | | | | 扰动 | [59,69],布伦特 [61,71], SC [450,510] | | | | | | 单边仍建议观望。主力合约波动调整到 | | | 尿素 | UR2509 | 市场整体氛围向好,短期盘面高位震荡为主 | [1750,1920]附近,期权端建议短期买入做扩波 | | | | | | 动率为主,仅供参考 | | | PX | PX2509 | 供需驱动偏强,叠加关税利好提振,PX走势偏强 | 短期震荡偏强,关注6700上方压 ...

| | 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13日 | | | | | 寇帝斯 | Z0021810 | | 现货价格及基差 | | | | | | | | | 品种 | 现值 | 前值 | 张跃 | 张跌幅 | 单位 | | | SMM 1#锡 | 262800 | 259600 | 3200 | 1.23% | | | | SMM 1#锡升贴水 | 900 | 900 | O | 0.00% | 元/吨 | | | 长江 1#锡 | 263300 | 260100 | 3200 | 1.23% | | | | LME 0-3升贴水 | -43.01 | -158.07 | 115.06 | 72.79% | 美元/吨 | | | 内外比价及进口盈亏 | | | | | | | | 品种 | 现值 | 前值 | 张跃 | 涨跌幅 | 单位 | | | 进口盈亏 | -2373.05 | -9430.59 | 7057. ...

Report Industry Investment Rating - No industry investment rating is provided in the reports [1][2][3][4] Core Views Industrial Silicon - Industrial silicon spot prices continue to decline, but futures have stabilized and rebounded due to large spot premiums. The fundamentals face high supply and high warehouse receipts pressure, with major demand weakening, yet there are signs of improvement. The price fluctuation range is expected to be 8000 - 10500 yuan/ton. Attention should be paid to whether there will be further production cuts [1] Polysilicon - Polysilicon has a further production cut expectation, and futures prices are oscillating upwards. In May, demand decline is highly certain, and enterprises will adjust production plans. The market is expected to maintain a pattern of weak supply and demand. There are different views from bears and bulls, and it is expected that the futures price will mainly fluctuate in the range of 36000 - 42000 yuan/ton [2] Glass and Soda Ash - The soda ash market has a strong expectation of maintenance from May to June. If maintenance is concentrated, it will relieve the supply pressure. The glass market has a poor market expectation from April to May and a summer rainy - season expectation after June. The glass price is expected to continue to be under pressure and oscillate weakly [3] Natural Rubber - In the short term, the easing of Sino - US tariff conflicts improves the macro - sentiment and boosts rubber prices. However, the weak demand expectation still exists, and the expectation of raw material increase during the peak season suppresses the upside of rubber prices. The rubber price is expected to continue wide - range oscillation, with the operating range referring to 14500 - 15500 yuan/ton [4] Summary by Directory Industrial Silicon Spot Price and Basis - On May 12, the price of East China oxygen - permeable SI5530 industrial silicon was 9100 yuan/ton, down 0.55% from May 9. The price of East China SI4210 industrial silicon was 882 - 10000 yuan/ton, with a change of 7.19% - 0.50%. The basis of SI4210 (benchmark) increased by 6.42% [1] Monthly Spread - The spread of 2505 - 2506 was - 100 yuan/ton on May 12, down 400.00% from May 9. The spreads of 2506 - 2507 and 2507 - 2508 remained unchanged, while the spreads of 2508 - 2509 and 2509 - 2510 increased by 14.29% and 60.00% respectively [1] Fundamental Data (Monthly) - In April, the national industrial silicon output was 30.08 million tons, down 12.10% from the previous month. Xinjiang's output decreased by 20.55%, while Yunnan and Sichuan increased by 9.35% and 145.65% respectively. The national and Xinjiang's开工 rates decreased, while Yunnan and Sichuan increased [1] Inventory Change - Xinjiang's factory - warehouse inventory increased by 1.87% on a weekly basis, Yunnan's decreased by 1.23%, and the social inventory decreased by 1.16%. The warehouse - receipt inventory decreased by 0.36%, and the non - warehouse - receipt inventory decreased by 2.18% [1] Polysilicon Spot Price and Basis - On May 12, the average prices of N - type re - fed material, P - type cauliflower material, and N - type granular silicon remained unchanged. The N - type material basis (average price) decreased by 23.22%, and the cauliflower material basis decreased by 10.93% [2] Futures Price and Monthly Spread - The PS2506 contract price was 38450 yuan/ton on May 12, up 1.64% from May 9. The spreads of PS2506 - PS2507 decreased by 24.95%, while the spreads of PS2507 - PS2508, PS2508 - PS2509, PS2509 - PS2510, PS2510 - PS2511, and PS2511 - PS2512 increased [2] Fundamental Data - On a weekly basis, the silicon wafer output decreased by 7.07%, and the polysilicon output decreased by 4.46%. On a monthly basis, the April polysilicon output decreased by 0.73%, the March import volume increased by 35.09%, and the export volume increased by 43.18% [2] Inventory Change - The polysilicon inventory decreased by 1.53%, and the silicon wafer inventory decreased by 12.08% [2] Glass and Soda Ash Glass - related Prices and Spreads - On May 12, the East China, Central China, and South China glass quotes remained unchanged. The glass 2505 and 2509 contracts increased by 0.77% and 1.06% respectively, and the 05 basis decreased by 4.42% [3] Soda Ash - related Prices and Spreads - The North China, East China, Central China, and Northwest soda ash quotes remained unchanged. The soda ash 2505 contract decreased by 0.84%, the 2509 contract increased by 1.00%, and the 05 basis increased by 5.56% [3] Supply - The soda ash开工 rate decreased by 1.97%, the weekly output decreased by 1.89%, the float glass daily melting volume decreased by 1.71%, and the photovoltaic daily melting volume increased by 1.32% [3] Inventory - The glass inventory increased by 3.96%, the soda ash factory inventory decreased by 1.74%, and the soda ash delivery warehouse inventory increased by 5.89% [3] Real Estate Data - The year - on - year changes in real estate completion area, sales area, new construction area, and construction area showed different trends [3] Natural Rubber Spot Price and Basis - On May 12, the price of Yunnan Guofu standard - grade rubber (SCRWF) in Shanghai increased by 0.34%, the full - latex basis decreased by 1775.00%, the Thai standard mixed rubber quote decreased by 0.35%, and the non - standard price difference decreased by 206.82% [4] Monthly Spread - The 9 - 1 spread increased by 7.06%, the 1 - 5 spread increased by 9.31%, and the 5 - 9 spread decreased by 91.18% [4] Fundamental Data - In March, Thailand's rubber output decreased by 56.93%, Indonesia's increased by 5.92%, and India's decreased by 28.38%. The domestic tire output increased by 1.79%, and the export volume increased by 42.34% [4] Inventory Change - The bonded - area inventory increased by 0.90%, and the natural rubber factory - warehouse futures inventory in SHFE increased by 4.96% [4]

1. Report Industry Investment Ratings No information about industry investment ratings is provided in the reports. 2. Core Views Steel - Tariff cuts exceed expectations, demand expectations are revised upward, and macro - sentiment improvement is expected to repair valuations. The industry has strong supply and demand and continuous de - stocking. Pay attention to the impact of terminal restocking on spot prices and the pressure in specific price ranges for different contracts [1]. Iron Ore - The 09 contract rebounded due to macro - level sentiment. Fundamentally, daily iron - water production remains high, and inventory pressure eases. The sustainability of high iron - water production depends on terminal demand for finished products, and the supply - demand pressure may increase in the future. It is expected to have short - term valuation repair but a bearish outlook in the medium - to - long - term [4]. Coke - The futures rebounded due to tariff negotiation results. The second round of spot price increase is difficult to implement, and the market is bearish. Although the fundamentals have improved, factors such as weak coking coal, over - capacity, and lack of pricing power lead to a weak downward trend. It is recommended to hold the strategy of going long on hot - rolled coils and short on coke [6]. Coking Coal - The futures rebounded due to tariff negotiation results, but the spot market is weak, and the supply - demand pattern is loose. High supply, high imports, and high inventory are the main reasons for the price decline. It is recommended to hold the strategy of going long on hot - rolled coils and short on coking coal [6]. Ferrosilicon - The futures main contract continued to rebound. Supply pressure has eased after previous production cuts, but inventory is still at a medium - to - high level. Demand is cautious, and cost is relatively stable. It is expected that the price will stabilize and rebound, but the trend - based market lacks momentum [7]. Ferromanganese - The main contract rebounded slightly. The fundamentals lack a basis for continuous rebound. Production is in a state of reduction, and demand is affected by factors such as iron - water production and finished - product inventory. Manganese ore prices are expected to stabilize. It is expected that the price will oscillate and bottom - build, and then rebound [7]. 3. Summaries by Catalogs Steel Prices and Spreads - The prices of most steel products, including rebar and hot - rolled coils in different regions and contracts, have increased. The basis and spreads also show certain changes [1]. Cost and Profit - Steel billet prices have increased, while some costs and profits of steel products have decreased, such as the profits of hot - rolled coils in different regions [1]. Supply - The daily average iron - water production has a slight increase, while the production of five major steel products and rebar has decreased, and the production of hot - rolled coils has a slight increase [1]. Inventory - The inventory of five major steel products and rebar has increased, while the inventory change shows a certain trend [1]. Demand - Building material trading volume has a slight increase, but the apparent demand for five major steel products, rebar, and hot - rolled coils has decreased [1]. Iron Ore Prices and Spreads - The prices of iron ore varieties such as warehouse - receipt costs and spot prices have increased, and the basis and spreads have changed significantly [4]. Supply - The weekly arrival volume at 45 ports and global shipment volume have decreased, while monthly import volume has a slight decrease [4]. Demand - The weekly average daily iron - water production of 247 steel mills has a slight increase, and monthly pig iron and crude - steel production have increased significantly [4]. Inventory - The inventory at 45 ports and the imported ore inventory of 247 steel mills have decreased [4]. Coke Prices and Spreads - The prices of coke products in different regions and contracts have changed, and the basis and spreads have also adjusted. The coking profit has increased [6]. Supply - The daily average production of full - sample coking plants and 247 steel mills has a slight decrease [6]. Demand - The iron - water production of 247 steel mills has a slight increase [6]. Inventory - The total coke inventory and the inventory of different sectors, such as coking plants, steel mills, and ports, have decreased [6]. Supply - Demand Gap - The supply - demand gap of coke has a certain change [6]. Coking Coal Prices and Spreads - The prices of coking coal in different forms and contracts have changed, and the basis and spreads have also adjusted. The sample coal - mine profit has a slight decrease [6]. Supply - The production of domestic coal mines is at a relatively high level, and the import volume of coking coal has changed due to various factors [6]. Demand - Downstream users purchase coking coal on - demand as the blast - furnace and coking - plant operations increase [6]. Inventory - The coal - mine inventory is at a high level and continues to accumulate, while the port inventory decreases, and the downstream inventory is at a low level [6]. Ferrosilicon Prices and Spreads - The main - contract price of ferrosilicon futures has increased, and the prices of spot products in different regions and spreads have changed [7]. Cost and Profit - The production cost in Inner Mongolia has decreased, and the production profit has increased. The Lanzhou - charcoal price remains stable [7]. Supply - The weekly production of ferrosilicon has increased slightly, and the production - enterprise start - up rate has increased [7]. Demand - The iron - water production remains high, but the downstream demand for procurement is cautious. The overseas demand has changes in quotation and inquiry [7]. Inventory - The inventory of 60 sample enterprises has decreased, and the average available days for downstream users have decreased [7]. Ferromanganese Prices and Spreads - The main - contract price of ferromanganese futures has increased, and the prices of spot products in different regions and spreads have changed [7]. Cost and Profit - The production cost in Inner Mongolia has decreased slightly, and the production profit has increased. The prices of manganese ore from different sources remain stable [7]. Manganese Ore Supply - The weekly shipment volume of manganese ore has decreased, while the arrival volume and port - clearance volume have increased [7]. Manganese Ore Inventory - The port inventory of manganese ore has decreased [7]. Supply - The weekly production of ferromanganese has decreased, and the start - up rate has decreased [7]. Demand - The demand for ferromanganese has a slight decrease, and the procurement volume of a large enterprise remains stable [7]. Inventory - The inventory of 63 sample enterprises has increased, and the average available days have increased slightly [7].

Report Overview - The report is a daily spread report for all varieties, dated May 13, 2025, with data from Wind, Mysteel, and GF Futures Research Institute [3][4][5] Commodity Futures Data Ferrous Metals - **Silicon Iron (SF507)**: Spot price 5636, futures price 5778, basis 142, basis rate 2.52%, historical quantile 77.30% [1] - **Silicon Manganese (SM509)**: Spot price 5866, futures price 5850, basis -16, basis rate -0.27%, historical quantile 22.50% [1] - **Rebar (RB2510)**: Spot price 3082, futures price 3220, basis 138, basis rate 4.48%, historical quantile 60.50% [1] - **Hot - Rolled Coil (HC2510)**: Spot price 3220, futures price 3280, basis 60, basis rate 1.86%, historical quantile 43.70% [1] - **Iron Ore (I2509)**: Spot price 719, futures price 790, basis 71, basis rate 9.96%, historical quantile 55.10% [1] - **Coke (J2509)**: Spot price 1472, futures price 1490, basis 18, basis rate 1.24%, historical quantile 53.78% [1] - **Coking Coal (JM2509)**: Spot price 890, futures price 1035, basis 146, basis rate 16.36%, historical quantile 67.10% [1] Non - Ferrous Metals - **Copper (CU2506)**: Spot price 78275, futures price 78260, basis 15, basis rate 0.02%, historical quantile 42.91% [1] - **Aluminum (AL2506)**: Spot price 19810, futures price 19910, basis -100, basis rate -0.50%, historical quantile 20.83% [1] - **Zinc (ZN2506)**: Spot price 22650, futures price 22490, basis 160, basis rate 0.71%, historical quantile 71.25% [1] - **Tin (SN2506)**: Spot price 263200, futures price 262800, basis -400, basis rate -0.15%, historical quantile 33.95% [1] - **Stainless Steel (SS2507)**: Spot price 13320, futures price 12890, basis 430, basis rate 3.34%, historical quantile 83.94% [1] - **Lithium Carbonate (LC2507)**: Spot price 64600, futures price 64040, basis 560, basis rate 0.87%, historical quantile 54.48% [1] - **Industrial Silicon (SI2506)**: Spot price 9100, futures price 8320, basis 780, basis rate 9.38%, historical quantile 56.32% [1] Precious Metals - **Gold (AU2508)**: Spot price 772.3, futures price 758.2, basis -14.1, basis rate -1.83%, historical quantile 0.00% [1] - **Silver (AG2506)**: Spot price 8232.0, futures price 8124.0, basis -108.0, basis rate 0.20% [1] Agricultural Products - **Soybean Meal (M2509)**: Spot price 3010, futures price 2908.0, basis 102.0, basis rate 3.51%, historical quantile 34.30% [1] - **Soybean Oil (Y2509)**: Spot price 7814.0, futures price 7518.0, basis 296.0, basis rate 3.79%, historical quantile 37.90% [1] - **Palm Oil (P2509)**: Spot price 8580, futures price 8024.0, basis 556.0, basis rate 6.93%, historical quantile 72.20% [1] - **Rapeseed Meal (RM509)**: Spot price 2400, futures price 2544.0, basis -144.0, basis rate -5.66% [1] - **Rapeseed Oil (OI509)**: Spot price 9400, futures price 9378.0, basis 22.0, basis rate 0.23%, historical quantile 15.50% [1] - **Corn (C2507)**: Spot price 2320, futures price 2363.0, basis -43.0, basis rate -1.82%, historical quantile 25.20% [1] - **Corn Starch (CS2507)**: Spot price 2730, futures price 2735.0, basis -5.0, basis rate -0.18%, historical quantile 10.30% [1] - **Live Hogs (LH2509)**: Spot price 14980, futures price 13870.0, basis 1110.0, basis rate 8.00%, historical quantile 73.60% [1] - **Eggs (JD2506)**: Spot price 3000, futures price 2927.0, basis 73.0, basis rate 2.49%, historical quantile 36.50% [1] - **Cotton (CF509)**: Spot price 14085, futures price 13240.0, basis 845.0, basis rate 6.38%, historical quantile 42.10% [1] - **Sugar (SR509)**: Spot price 6220, futures price 5885.0, basis 335.0, basis rate 5.69%, historical quantile 68.50% [1] - **Apples (AP510)**: Spot price 8000, futures price 7837.0, basis 163.0, basis rate 2.08%, historical quantile 40.60% [1] - **Red Dates (CJ509)**: Spot price 9045.0, futures price 8300, basis -745.0, basis rate -8.24%, historical quantile 64.90% [1] Energy and Chemicals - **Para - Xylene (PX509)**: Spot price 6654.0, futures price 6556.2, basis -97.8, basis rate -1.47%, historical quantile 14.50% [1] - **PTA (TA509)**: Spot price 4850.0, futures price 4710.0, basis 140.0, basis rate 2.97%, historical quantile 78.20% [1] - **Ethylene Glycol (EG2509)**: Spot price 4305.0, futures price 4302.0, basis 3.0, basis rate 0.07%, historical quantile 65.30% [1] - **Polyester Staple Fiber (PF506)**: Spot price 6454.0, futures price 6420.0, basis 34.0, basis rate 0.53%, historical quantile 37.30% [1] - **Styrene (EB2506)**: Spot price 7335.0, futures price 7320.0, basis 15.0, basis rate 0.20%, historical quantile 30.30% [1] - **Methanol (MA509)**: Spot price 2422.0, futures price 2270.0, basis 152.0, basis rate 6.70%, historical quantile 91.30% [1] - **Urea (UR509)**: Spot price 1970.0, futures price 1897.0, basis 73.0, basis rate 3.85%, historical quantile 34.50% [1] - **LLDPE (L2509)**: Spot price 7280.0, futures price 7090.0, basis 190.0, basis rate 2.68%, historical quantile 67.70% [1] - **PP (PP2509)**: Spot price 7250.0, futures price 7030.0, basis 220.0, basis rate 3.13%, historical quantile 73.80% [1] - **PVC (V2509)**: Spot price 4660.0, futures price 4836.0, basis -176.0, basis rate -3.64%, historical quantile 33.70% [1] - **Caustic Soda (SH209)**: Spot price 2593.8, futures price 2545.0, basis 48.8, basis rate 1.92%, historical quantile 59.50% [1] - **LPG (PG2506)**: Spot price 5048.0, futures price 4359.0, basis 689.0, basis rate 15.81%, historical quantile 82.20% [1] - **Asphalt (BU2506)**: Spot price 3585.0, futures price 3481.0, basis 104.0, basis rate 2.99%, historical quantile 75.20% [1] - **Butadiene Rubber (BR2506)**: Spot price 11820.0, futures price 11700.0, basis -120.0, basis rate -1.02%, historical quantile 19.10% [1] - **Glass (FG509)**: Spot price 1104.0, futures price 1045.0, basis 59.0, basis rate 5.34%, historical quantile 79.36% [1] - **Soda Ash (SA509)**: Spot price 1330.0, futures price 1318.0, basis 12.0, basis rate 0.90%, historical quantile 31.78% [1] - **Natural Rubber (RU2509)**: Spot price 15025.0, futures price 14650.0, basis -375.0, basis rate -2.56% [1] Financial Futures - **Stock Index Futures** - **CSI 300 (IF2506)**: Spot price 3890.6, futures price 3853.0, basis -37.6, basis rate -0.98%, historical quantile 7.80% [1] - **SSE 50 (IH2506)**: Spot price 2702.6, futures price 2686.6, basis 16.0, basis rate 0.60%, historical quantile 12.00% [1] - **CSI 500 (IC2506)**: Spot price 5793.7, futures price 5688.0, basis 105.7, basis rate 2.90%, historical quantile -1.86% [1] - **CSI 1000 (IM2506)**: Spot price 6167.5, futures price 6037.0, basis 130.5, basis rate 5.40%, historical quantile -2.16% [1] - **Treasury Bond Futures** - **2 - Year Treasury Bond (TS2506)**: Spot price 102.32, futures price 99.38, basis -0.06, basis rate -0.06%, historical quantile 10.60%, conversion factor 0.9719 [1] - **5 - Year Treasury Bond (TF2506)**: Spot price 105.97, futures price 101.56, basis -0.02, basis rate -0.02%, historical quantile 23.70%, conversion factor 0.9587 [1] - **10 - Year Treasury Bond (T2506)**: Spot price 108.68, futures price 99.03, basis -0.08, basis rate -0.08%, historical quantile 9.10%, conversion factor 0.9120 [1] - **30 - Year Treasury Bond (TL2506)**: Spot price 135.84, futures price 119.15, basis -0.32, basis rate -0.27%, historical quantile 0.00%, conversion factor 1.1427 [1]