1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The EC is currently in a contradiction between weak reality and strong expectations, and fluctuates greatly under the influence of Middle - East geopolitics and Sino - US tariff policies. On Thursday, the market declined due to shipping companies' push for price cuts at the end of October. With high shipping capacity in week 44, the price increase announcements in the first half of November are expected to have poor implementation. However, there are still upward drivers at multiple price - increase announcement nodes in the future. Currently, the valuation of the December contract is high, and long - positions are back in a driver - dominated period. Geopolitics has a large impact on 2026 contracts [2][27]. 3. Summary by Relevant Catalogs 3.1 EC Futures Contract Data - **Contract Prices and Changes**: EC2510 closed at 1100.9 with a - 1.76% change, EC2512 at 1651.1 with a - 3.37% change, EC2602 at 1429.2 with a - 2.34% change, EC2604 at 1119.9 with a - 1.94% change, and EC2606 at 1281.2 with a - 1.94% change [2][27]. - **Trading Volume and Open Interest**: The trading volumes of EC2510, EC2512, EC2602, EC2604, and EC2606 were 2461, 27124, 5516, 3388, and 302 respectively. The open interests were 10060, 25798, 20, 13858, and 1547 respectively, with changes of - 1275, - 1225, - 463, 233, and 37 [2][27]. - **Monthly Spreads**: The spread of EC2510 - 2512 was - 550.2, with a month - on - month increase of 37.8 and a week - on - week decrease of - 100.3. The spread of EC2512 - 2602 was 221.9, with a month - on - month decrease of - 23.3 and a week - on - week decrease of - 11.1 [2][27]. 3.2 Shipping Index Data - **SCFI**: As of 2025/10/13, it was 1031.80 points, a - 1.40% change from the previous period. In terms of dollars/TEU, it was 1068, a 9.99% change from the previous period [2][27]. - **CCFI**: As of 2025/10/10, it was 1287.15 points, a - 8.19% change from the previous period [2][27]. - **NCFI**: As of 2025/10/10, it was 698.67 points, an 11.39% change from the previous period [2][27]. 3.3 Recent European Line Quotations - Week40 - 41: The average quotation was about 1470 US dollars (equivalent to 1030 points on the futures market) [3][28]. - Week42: The online quotation was 1800 US dollars. Offline, OA quoted 1800, PA 1400, and GEMINI about 1600 US dollars, with an estimated average of 1560 US dollars (equivalent to 1100 points on the futures market) [3][28]. - November price - increase announcements: MSK, CMA, OOCL announced price increases to around 2500 US dollars, equivalent to about 1750 points on the futures market. However, due to the average cargo collection of many shipping companies in week 43 and high shipping capacity in week 44 (330,000 TEU), the expected price increases are difficult to implement [3][28]. 3.4 Related News - On October 17, US President Trump stated that if Hamas continues to kill people in Gaza, the US will have no choice but to enter and eliminate them. Israeli officials denied the start of the second - stage negotiation of the Gaza cease - fire [4][29].

1. Report Industry Investment Rating No relevant content provided. 2. Report's Core View - For copper, maintain a callback - buying strategy considering the continuous tightness of the ore end and the growth of infrastructure and power demand in Southeast Asia and the Middle East. Pay attention to the support around $10,300 for LME copper, and consider selling put options below $10,000 or gradually establishing virtual inventory [1]. - For aluminum, the short - term fundamentals are okay. Keep an eye on terminal demand, and hold long - term positions on dips [1]. - For zinc, due to the poor domestic fundamentals and the opening of the export window affected by export profits, it is recommended to wait and see. Consider gradually taking profits on domestic - foreign positive spreads and pay attention to the opportunity of reverse spreads in the far - month contracts. Also, pay attention to the positive spread opportunity between December and February contracts [2]. - For nickel, the short - term real - world fundamentals are weak. Although the geopolitical risks in Indonesia have eased, there are still disturbances at the mining end and the policy end has the motivation to support prices [4]. - For stainless steel, the fundamentals remain weak overall. There is increased uncertainty in trade frictions in the short - term macro - aspect, and the Indonesian policy end has a certain motivation to support prices [9]. - For lead, the lead price is expected to maintain a high - level shock between 17,000 and 17,400 next week, and the subsequent destocking strength in October remains to be verified, with a weak outlook [12]. - For tin, follow the macro - sentiment in the short - term and it is recommended to wait and see. In the medium - to - long - term, hold positions on dips close to the cost line [15]. - For industrial silicon, the supply and demand are in balance in Q4 with few potential contradictions in the short - term. In the long - term, the price is expected to fluctuate at the cycle bottom with the seasonal marginal cost as the anchor [16]. - For lithium carbonate, in the context of a strong "anti - involution" commodity sentiment, the price has high elasticity after the supply - side disturbance speculation is realized, and strong downward support before the disturbance is realized [16]. 3. Summary by Metal Copper - **Price and Inventory Data**: From October 10th to 16th, the spot premium of SHFE copper changed from 45 to 70, the scrap - refined copper spread decreased from 3197 to 2362, and the LME inventory decreased from 139,400 to 137,450 [1]. - **Market Situation**: Affected by the Trump's tariff announcement, LME copper dropped 4.5% on Friday. The impact of this tariff conflict is estimated to be lower than that during the Tomb - Sweeping Festival. The smelting end has over - expected production cuts and moderate inventory accumulation this week. After the sharp decline in copper price on Friday, the volume of pricing and receiving goods is expected to increase significantly next week, driving inventory destocking [1]. Aluminum - **Price and Inventory Data**: From October 10th to 16th, the Shanghai aluminum ingot price increased from 20,990 to 20,950, and the LME inventory decreased from 508,825 to 495,325 [1]. - **Market Situation**: The operating production capacity is increasing slightly. The production schedule of photovoltaic modules has stabilized, and the proportion of molten aluminum has rebounded significantly in September. Due to the holiday effect, there is seasonal inventory accumulation of aluminum ingots and bars. The global economic recovery is showing signs, but the Sino - US economic and trade relations are uncertain, leading to a certain divergence in the internal and external market trends [1]. Zinc - **Price and Inventory Data**: From October 10th to 16th, the Shanghai zinc ingot price decreased from 22,300 to 21,920, and the LME inventory decreased from 37,950 to 38,300 [2]. - **Market Situation**: This week, the domestic zinc price fluctuated and rose due to the US shutdown sentiment and the opening of the export window. The domestic TC decreased further, and the imported TC increased. The domestic zinc ore is expected to be tighter from the fourth quarter to the first quarter of next year, while the overseas zinc ore increased significantly in the second quarter. The demand is seasonally weak domestically, and the European demand is average overseas [2]. Nickel - **Price and Inventory Data**: From October 10th to 16th, the SHFE nickel spot price changed slightly, and the LME inventory decreased from 6894 to 6222 [3]. - **Market Situation**: The supply of pure nickel remains at a high level, the demand is weak overall, and the domestic inventory remains stable while the overseas inventory is continuously accumulating. The Indonesian mining end has continuous disturbances, and the policy end has the motivation to support prices [3][4]. Stainless Steel - **Price and Inventory Data**: From October 10th to 16th, the price of 304 cold - rolled coils remained unchanged at 13,550, and the price of 304 hot - rolled coils decreased from 12,700 to 12,450 [9]. - **Market Situation**: The steel mills' production schedule in October increased slightly compared to the previous month. The demand is mainly for rigid needs. The prices of ferronickel and ferrochrome remain stable. There is inventory accumulation during the holiday in Xijiao and Foshan, and the warehouse receipts remain stable [9]. Lead - **Price and Inventory Data**: From October 10th to 16th, the spot premium of lead changed from - 195 to - 210, and the LME inventory decreased from 237,000 to 252,000 [12]. - **Market Situation**: The lead price rose this week due to macro - factors. The supply of recycled lead is expected to increase by 30,000 tons in October. The demand may weaken after the National Day holiday. The refined - scrap price difference is - 25, and the LME registered warehouse receipts decreased by 100,000 tons. The lead price is expected to maintain a high - level shock next week [12]. Tin - **Price and Inventory Data**: From October 10th to 16th, the tin position decreased from 71,221 to 63,683, and the LME inventory remained at 2575 [15]. - **Market Situation**: The tin price moved up this week due to macro - factors. The domestic smelting plants have reduced production, and the overseas supply is expected to recover in October. The demand for solder has a slight recovery during the peak season. The domestic fundamentals are short - term in a situation of weak supply and demand [15]. Industrial Silicon - **Price and Inventory Data**: From October 10th to 16th, the 421 Yunnan basis changed from - 185 to - 105, and the warehouse receipt quantity decreased from 50,281 to 50,291 [16]. - **Market Situation**: A leading enterprise in Xinjiang resumed production this week. The start - up in Sichuan and Yunnan is stable, and there is a strong expectation of production reduction in November. The supply and demand of industrial silicon are in balance in Q4, and the price is expected to fluctuate at the cycle bottom in the long - term [16]. Lithium Carbonate - **Price and Inventory Data**: From October 10th to 16th, the SMM electric - grade lithium carbonate price remained at 73,000, and the warehouse receipt quantity decreased from 42,669 to 30,456 [16]. - **Market Situation**: The lithium carbonate price fluctuated this week. The overseas mines have a strong willingness to support prices, and the salt plants have a low acceptance of high - priced lithium ore. The pre - holiday inventory - building is coming to an end, and the spot basis is weakening. The supply is in an over - capacity cycle, but there is inventory destocking due to seasonal factors and demand growth [16].

1. Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. 2. Core Views - There is no information about the core views of the report in the provided content. 3. Summary by Relevant Catalogs Global Asset Market Performance - **10 - year Treasury Bond Yields**: On October 16, 2025, the 10 - year Treasury bond yields of major economies showed various values and changes. For example, the US was 4.034, with a one - week change of - 0.105, a one - month change of - 0.013, and a one - year change of 0.021. Japan was 3.503, with a one - week change of - 0.091, a one - month change of - 0.042, and a one - year change of - 0.456 [3]. - **2 - year Treasury Bond Yields**: Also on October 16, 2025, the 2 - year Treasury bond yields of some major economies were presented. The US was 3.480, with a one - week change of - 0.150, a one - month change of - 0.130, and a one - year change of - 0.180. Japan was 0.913, with a one - week change of - 0.012, a one - month change of 0.064, and a one - year change of 0.514 [3]. - **Dollar - to - Major Emerging Economies Currency Exchange Rates**: As of October 16, 2025, the dollar - to - major emerging economies currency exchange rates had different values and changes. For the Brazilian real, it was 5.521 on that day, with a one - week change of 2.82%, a one - month change of 2.07%, and a one - year change of - 0.24%. The on - shore RMB was 7.135, with a one - week change of 0.07%, a one - month change of 0.20%, and a one - year change of 1.02% [3]. - **Major Economies' Stock Indexes**: On October 16, 2025, major economies' stock indexes had their respective closing values and changes. The S&P 500 closed at 6552.510, with a one - week change of - 2.71%, a one - month change of 0.31%, and a one - year change of 13.93%. The Hang Seng Index closed at 26290.320, with a one - week change of - 1.73%, a one - month change of 0.34%, and a one - year change of 25.63% [3]. - **Credit Bond Indexes**: On October 16, 2025, the US investment - grade credit bond index was 3529.690, with a one - week change of 0.34%, a one - month change of 0.28%, and a one - year change of 5.19%. The emerging economies' high - yield credit bond index was 1746.620, with a one - week change of - 0.45%, a one - month change of - 0.08%, and a one - year change of 10.98% [3][4]. Stock Index Futures Trading Data - **Index Performance**: The A - share closed at 3916.23 with a 0.10% increase. The Shanghai and Shenzhen 300 closed at 4618.42 with a 0.26% increase [5]. - **Valuation**: The PE (TTM) of the Shanghai and Shenzhen 300 was 14.40 with a 0.09环比 change. The PE (TTM) of the S&P 500 was 27.26 with a 0.00环比 change [5]. - **Risk Premium**: The risk premium of the Shanghai and Shenzhen 300 (1/PE - 10 - year interest rate) was 3.70 with a 0.00环比 change. The risk premium of the S&P 500 was - 0.37 with a 0.00环比 change [5]. - **Fund Flow**: The latest value of A - share fund flow was - 1098.75, and the 5 - day average was - 803.28. The latest value of Shanghai and Shenzhen 300 fund flow was 70.26, and the 5 - day average was - 110.92 [5]. - **Trading Volume**: The latest trading volume of the Shanghai and Shenzhen stock markets was 19311.38 with a - 1417.21环比 change. The latest trading volume of the Shanghai and Shenzhen 300 was 5605.67 with a - 467.59环比 change [5]. - **Main Contract Premium or Discount**: The basis of IF was - 28.42 with a - 0.62% amplitude. The basis of IH was - 0.20 with a - 0.01% amplitude [5]. Treasury Bond Futures Trading Data - The closing prices of T00, TF00, T01, and TF01 were 108.165, 105.705, 107.870, and 105.600 respectively, with corresponding percentage changes of - 0.04%, - 0.04%, - 0.05%, and - 0.03% [6]. - The domestic money market's R001, R007, and SHIBOR - 3M were 1.3531%, 1.4751%, and 1.5810% respectively, with daily changes of - 12.00BP, 1.00BP, and 0.00BP [6].

Report Summary 1. Report Industry Investment Rating No information provided in the given content. 2. Report's Core View No information provided in the given content. 3. Summary by Relevant Catalogs Price and Profit - The report presents the spot prices of various steel products including Beijing, Shanghai, Chengdu, Xi'an, Guangzhou, and Wuhan threaded steel, as well as Tianjin, Shanghai, and Lecong hot-rolled coils and cold-rolled coils from October 10 to October 16, 2025, and shows their price changes [1]. Basis and Spread No information provided in the given content. Production and Inventory No information provided in the given content.

Group 1: Report Industry Investment Rating - No information provided Group 2: Report's Core View - The report provides cross - market, cross - period, and cross - variety arbitrage tracking data for non - ferrous metals including copper, zinc, aluminum, nickel, and lead on October 17, 2025 [1][4][5] Group 3: Summary by Relevant Catalogs Cross - market Arbitrage Tracking - **Copper**: On October 17, 2025, the domestic spot price was 85,180, the LME price was 10,617, and the ratio was 8.07; the domestic three - month price was 85,010, the LME price was 10,628, and the ratio was 8.03 [1] - **Zinc**: The domestic spot price was 21,920, the LME price was 3,093, and the ratio was 7.09; the domestic three - month price was 22,005, the LME price was 2,956, and the ratio was 5.79 [1] - **Aluminum**: The domestic spot price was 20,950, the LME price was 2,781, and the ratio was 7.53; the domestic three - month price was 20,995, the LME price was 2,763, and the ratio was 7.58 [1] - **Nickel**: The domestic spot price was 123,600, the LME price was 15,034, and the ratio was 8.22, with a spot import profit of - 1,568.23 [1] - **Lead**: The domestic spot price was 16,900, the LME price was 1,943, and the ratio was 8.72; the domestic three - month price was 17,135, the LME price was 1,988, and the ratio was 11.05 [3] Cross - period Arbitrage Tracking - **Copper**: On October 17, 2025, the spreads of the next - month, three - month, four - month, and five - month contracts relative to the spot - month contract were - 580, - 640, - 750, and - 800 respectively, while the theoretical spreads were 530, 959, 1396, and 1833 [4] - **Zinc**: The spreads were 20, 60, 85, and 120 respectively, and the theoretical spreads were 213, 331, 450, and 569 [4] - **Aluminum**: The spreads were 140, 140, 140, and 145 respectively, and the theoretical spreads were 215, 332, 448, and 564 [4] - **Lead**: The spreads were - 70, - 65, - 55, and - 15 respectively, and the theoretical spreads were 211, 318, 425, and 532 [4] - **Nickel**: The spreads were 410, 650, 890, and 1170 respectively [4] - **Tin**: The 5 - 1 spread was - 270, and the theoretical spread was 5,827 [4] Spot - Futures Arbitrage Tracking - **Copper**: The spreads of the current - month and next - month contracts relative to the spot were 495 and - 85 respectively, and the theoretical spreads were 592 and 978 [4] - **Zinc**: The spreads were 25 and 45 respectively, and the theoretical spreads were 195 and 323 [4] - **Lead**: The spreads were 300 and 230 respectively, and the theoretical spreads were 225 and 338 [5] Cross - variety Arbitrage Tracking - On October 17, 2025, the ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc in the Shanghai market (three - continuous) were 3.86, 4.05, 4.96, 0.95, 1.23, and 0.78 respectively; in the London market (three - continuous), they were 3.58, 3.80, 5.39, 0.94, 1.42, and 0.66 respectively [5]

Group 1: Glass Market Price and Contract Information - From 2025/10/9 to 2025/10/16, the price of 5mm large glass plates in various regions decreased, e.g., the price of 5mm large plates from Shahe Anquan dropped from 1241.0 to 1181.0, a decrease of 60.0 [1]. - FG05 and FG01 contracts also declined, with FG05 dropping from 1338.0 to 1284.0 (a decrease of 54.0) and FG01 from 1218.0 to 1147.0 (a decrease of 71.0) [1]. Profit and Cost -华北燃煤利润 decreased from 302.3 to 244.6, a decrease of 57.7, while the cost increased from 891.7 to 906.4, an increase of 14.7 [1]. -华南天然气利润 remained at -188.1, and the North China natural gas profit decreased from -150.7 to -193.7, a decrease of 43.0 [1]. Spot and Sales - In Shahe, the factory sales were weak, with the low - price of traders around 1150, and the shipment improved slightly. In Hubei, the factory price was around 1110, and the factory transactions weakened [1]. - The glass sales rates were 40 in Shahe, 58 in Hubei, 92 in East China, and 83 in South China [1]. Group 2: Soda Ash Market Price and Contract Information - From 2025/10/9 to 2025/10/16, the price of Shahe heavy soda decreased from 1170.0 to 1160.0, a decrease of 10.0. The SA05 and SA01 contracts also changed, with SA05 dropping from 1344.0 to 1325.0 (a decrease of 19.0) and SA01 from 1250.0 to 1235.0 (a decrease of 15.0) [1]. Profit and Cost - The North China ammonia - soda profit decreased from -207.6 to -234.3, a decrease of 26.7, and the North China combined - soda profit decreased from -231.4 to -253.3, a decrease of 21.9 [1]. Spot and Inventory - The spot price of heavy soda in Hebei delivery warehouses was around 1140, and the price delivered to Shahe was around 1170 [1]. - The factory inventory of soda ash accumulated, and the delivery warehouses had a slight reduction in inventory [1].

纸浆早报 研究中心能化团队 2025/10/17 SP主力合约收盘价： 4856.00 | 日期 | 2025/10/16 | 2025/10/15 | 2025/10/14 | 2025/10/13 | 2025/10/10 | | --- | --- | --- | --- | --- | --- | | 主力合约收盘价 | 4856.00 | 4856.00 | 4846.00 | 4842.00 | 4788.00 | | 折美元价 | 594.45 | 594.54 | 591.86 | 592.05 | 586.14 | | 距上一日涨跌 | 0.00000% | 0.20636% | 0.08261% | 1.12782% | -0.33306% | | 山东银星基差 | 744 | 734 | 744 | 718 | 747 | | 江浙沪银星基差 | 729 | 729 | 739 | 718 | 772 | 以13%增值税计算 | 产地 | 品牌 | 价格说明 | 港口美元价格 | 山东地区人民币价格 | 进口利润 | | --- | --- | --- | --- | --- | --- ...

Report Industry Investment Rating - Not provided in the content Core Viewpoint - Not provided in the content Summary by Relevant Catalogs Price - For silicon ferroalloy on October 17, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 are 5130 and 5180 respectively, with no daily change and weekly changes of -50 and -20 [2]. - The latest price of Qinghai 72 silicon ferroalloy natural block is 5150, with no daily change and a weekly change of -50 [2]. - The latest price of Shaanxi 72 silicon ferroalloy natural block is 5100, with no daily change and a weekly change of -50 [2]. - The latest price of Shaanxi 75 silicon ferroalloy natural block is 6100, with no daily change or weekly change [2]. - The latest price of Jiangsu 72 silicon ferroalloy qualified block is 5570, with a daily change of 120 and a weekly change of 20 [2]. - The latest price of Tianjin 72 silicon ferroalloy from traders is 5650, with a daily change of 50 and a weekly change of -50 [2]. - The latest export prices of Tianjin 72 and Tianjin 75 silicon ferroalloy are 1060 and 1110 (in US dollars) respectively, with daily changes of 10 and 5 and weekly changes of 35 and 5 [2]. - For silicon manganese on October 17, 2025, the latest factory - ex prices of Inner Mongolia 6517, Ningxia 6517, Guangxi 6517, Guizhou 6517, and Yunnan 6517 are 5680, 5600, 5650, 5600, and 5600 respectively, with daily changes of 0, 0, -50, -50, -30 and weekly changes of 0, -20, -50, -80, -50 [2]. - The latest prices of Ningxia 6517 and Jiangsu 6517 silicon manganese from traders are 5600 and 5700 respectively, with daily changes of 0 and -20 and weekly changes of -20 and 0 [2]. Supply - The production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including monthly and weekly production, and capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [5]. - The production data of silicon manganese in China from 2021 - 2025 are presented, including weekly production, procurement prices, and procurement volumes of Hebei Iron and Steel Group [7]. Demand - The demand - related data of silicon ferroalloy and silicon manganese from 2021 - 2025 are presented, including China's estimated and actual crude steel production, metal magnesium production and prices, silicon ferroalloy export volume and price, stainless - steel crude steel production, and silicon manganese demand in China [5][8]. Inventory - The inventory data of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including weekly inventory in different regions, CZCE silicon ferroalloy warehouse receipt quantity, effective forecast, and the sum of warehouse receipts and effective forecasts [6]. - The inventory data of silicon manganese from 2021 - 2025 are presented, including CZCE silicon manganese warehouse receipt quantity, effective forecast, the sum of warehouse receipts and effective inventory, and inventory of 63 sample enterprises in China [8]. Cost and Profit - The cost - related data of silicon ferroalloy from 2021 - 2025 are presented, including electricity prices in different regions, prices of raw materials such as blue charcoal and silica, production costs in Ningxia and Inner Mongolia, and profits from converting to the main contract and spot profits in Ningxia [6]. - The cost - related data of silicon manganese from 2021 - 2025 are presented, including prices of raw materials such as chemical coke and manganese ore, and profits in Inner Mongolia, Guangxi, the northern and southern regions [8].

Group 1: Report Overview - Report Name: Coke Daily Report [1] - Date: October 17, 2025 [1] Group 2: Price Information - **Coke Prices**: - Shanxi Standard First - Wet Quenched: 1482.39, no daily, weekly, or monthly change, -21.49% year - on - year [2] - Hebei Standard First - Dry Quenched: 1735.00, no daily, weekly, or monthly change, -4.14% year - on - year [2] - Shandong Standard First - Dry Quenched: 1660.00, no daily, weekly, or monthly change, -19.61% year - on - year [2] - Jiangsu Standard First - Dry Quenched: 1700.00, no daily, weekly, or monthly change, -19.24% year - on - year [2] - Inner Mongolia Second - Grade: 1180.00, no daily change, 50.00 increase weekly and monthly, -28.48% year - on - year [2] - **Futures Prices**: - Futures 05: 1797, 15.50 daily increase, -16.50 weekly decrease, 53.00 monthly increase, -17.36% year - on - year [2] - Futures 09: 1876, 11.50 daily increase, -29.00 weekly decrease, 363.50 monthly increase, -13.85% year - on - year [2] - Futures 01: 1649, 13.50 daily increase, -12.50 weekly decrease, 33.50 monthly increase, -22.62% year - on - year [2] Group 3: Production and Capacity Information - **Blast Furnace**: - Blast furnace开工率: 90.55, -0.10 weekly decrease, 0.37 monthly increase, 5.77% year - on - year increase [2] - Daily hot metal production: 240.95, -0.59 weekly decrease, -0.07 monthly decrease, 2.81% year - on - year increase [2] - **Coking**: - Coking plant capacity utilization: 74.95, -0.05 weekly decrease, -0.63 monthly decrease, 2.57% year - on - year increase [2] - Daily coke production: 51.28, -1.03 weekly decrease, -0.55 monthly decrease, 0.23% year - on - year increase [2] Group 4: Inventory Information - **Coking Plant Inventory**: 37.59, -4.95 weekly decrease, -4.62 monthly decrease, -1.36% year - on - year decrease [2] - **Port Inventory**: 195.15, 0.06 weekly increase, -8.95 monthly decrease, 8.28% year - on - year increase [2] - **Steel Mill Inventory**: 639.44, -11.38 weekly decrease, -5.23 monthly decrease, 13.58% year - on - year increase [2] - **Steel Mill Inventory Days**: 11.19, -0.23 weekly and monthly decrease, 3.80% year - on - year increase [2] Group 5: Basis and Spread Information - **Basis**: - 05 basis: -25.61, -15.50 daily decrease, 16.50 weekly increase, -53.00 monthly decrease, -117.58 year - on - year change [2] - 09 basis: -104.61, -11.50 daily decrease, 29.00 weekly increase, -363.50 monthly decrease, -193.58 year - on - year change [2] - 01 basis: 122.39, -13.50 daily decrease, 12.50 weekly increase, -33.50 monthly decrease, -13.08 year - on - year change [2] - **Spread**: - 5 - 9 spread: -148.00, -2.00 daily decrease, 4.00 weekly increase, -19.50 monthly decrease, -104.50 year - on - year change [2] - 9 - 1 spread: -79.00, 4.00 daily increase, 12.50 weekly increase, -310.50 monthly decrease, -76.00 year - on - year change [2] - 1 - 5 spread: 227.00, -2.00 daily decrease, -16.50 weekly decrease, 330.00 monthly increase, 180.50 year - on - year change [2]

Price Performance - London Gold's latest price is 4204.60 with no change [3] - London Silver's latest price is 52.59 with no change [3] - London Platinum's latest price is 1622.00 with no change [3] - London Palladium's latest price is 1467.00 with no change [3] - WTI Crude's latest price is 58.27 with no change [3] - LME Copper's latest price is 10628.00, down 89.00 [3] - US Dollar Index's latest value is 98.67 with no change [3] - Euro to US Dollar's latest rate is 1.16 with no change [3] - British Pound to US Dollar's latest rate is 1.34 with no change [3] - US Dollar to Japanese Yen's latest rate is 151.06 with no change [3] - US 10 - year TIPS's latest value is 1.76 with no change [3] Trading Data - COMEX Silver's latest inventory is 15947.11 with no change [4] - SHFE Silver's latest inventory is 982.26, down 48.17 [4] - Gold ETF's latest holding is 1022.60 with no change [4] - Silver ETF's latest holding is 15422.61 with no change [4] - SGE Silver's latest inventory is 1216.97 with no change [4] - SGE Gold's latest deferred fee payment direction is 1 with no change [4] - SGE Silver's latest deferred fee payment direction is 2, up 1.00 [4]