最新 日变化 周变化 月变化 年变化 最新 日变化 周变化 月变化 年变化 秦皇岛5500 770.0 -10.0 -39.0 -57.0 -40.0 25省终端可用天数 22.9 -0.6 2.9 2.0 5.3 秦皇岛5000 669.0 -10.0 -40.0 -66.0 -51.0 25省终端供煤 552.4 1.0 -56.1 -87.6 -70.4 广州港5500 850.0 0.0 -10.0 -15.0 -40.0 北方港库存 2734.0 -23.0 93.0 478.0 186.0 鄂尔多斯5500 525.0 0.0 -40.0 -60.0 -75.0 北方锚地船舶 69.0 -7.0 18.0 -59.0 32.0 大同5500 580.0 0.0 -35.0 -55.0 -80.0 北方港调入量 155.7 -5.3 -4.5 -17.3 -28.8 榆林6000 712.0 -20.0 -20.0 0.0 -100.0 北方港吞吐量 142.2 7.3 -10.9 -19.6 -35.3 榆林6200 755.0 -5.0 -5.0 15.0 -85.0 CBCFI海运指数 652 ...

| | | | 钢材早报 | | | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | 研究中心黑色团队 2025/12/11 | | | 现 货 价 格 | | | | | | | | 日期 | 北京螺纹 | 上海螺纹 | 成都螺纹 | 西安螺纹 | 广州螺纹 | 武汉螺纹 | | 2025/12/04 | 3190 | 3320 | 3300 | 3310 | 3560 | 3440 | | 2025/12/05 | 3180 | 3270 | 3320 | 3310 | 3560 | 3440 | | 2025/12/08 | 3150 | 3260 | 3280 | 3260 | 3500 | 3390 | | 2025/12/09 | 3120 | 3240 | 3280 | 3260 | 3490 | 3360 | | 2025/12/10 | - | - | - | - | - | - | | 变化 | - | - | - | - | - | - | | 日期 | 天津热卷 | 上海热卷 | 乐从热卷 | 天津冷卷 | 上海冷卷 ...

Price Performance - London Gold's latest price is 4200.15 with a change of 2.15 [3] - London Silver's latest price is 61.04 with a change of 2.41 [3] - London Platinum's latest price is 1650.00 with no change [3] - London Palladium's latest price is 1474.00 with a change of -6.00 [3] - WTI Crude's latest price is 58.25 with no change [3] - LME Copper's latest price is 11572.50 with a change of 103.00 [3] - US Dollar Index's latest value is 99.24 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 1.33 with no change [3] - US Dollar to Japanese Yen's latest rate is 156.89 with no change [3] - US 10 - year TIPS's latest value is 1.92 with no change [3] Trading Data - COMEX Silver's latest inventory is 14177.64 with no change [4] - SHFE Silver's latest inventory is 741.85 with a change of 24.06 [4] - Gold ETF's latest持仓 is 1046.82 with a change of -1.15 [4] - Silver ETF's latest持仓 is 16083.16 with a change of 110.00 [4] - SGE Silver's latest inventory is 715.88 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 with no change [4]

铁合金早报 | | | | | | | | | | 2025/12/11 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 品种 | 项目 | | 现货 | | 仓单 | | 盘面 | | | | | | 最新 | 日变化 | 周变化 | 出厂价折盘面 | 最新 | | 日变化 | 周变化 | | 硅铁自然块 | 宁夏#72 | 5100 | 0 | 0 | 5400 | 主力合约 | 5434 | -28 | -12 | | | 内蒙#72 | 5120 | 0 | -50 | 5470 | 01合约 | 5372 | -22 | -22 | | 产区汇总价 | 青海#72 | 5150 | 0 | 0 | 5480 | 05合约 | 5394 | -22 | -14 | | | 陕西#72 | 5080 | 0 | 0 | 5380 | 09合约 | 5456 | -6 | -16 | | | 陕西#75 | 5600 | 0 | -50 | | 主力月基差 | -34 | 28 | 12 | | 硅铁合格块 | 江苏#72 ...

芳烃橡胶早报 P T A 日期 原油 石脑油日 本 PX CFR 台湾 PTA内盘现 货 POY 1 50D/4 8F 石脑油裂 解价差 PX加工差 PTA加 工差 聚酯毛利 PTA平衡 负荷 PTA负 荷 仓单+有 效预报 TA基差 产销 2025/1 2/04 63.3 560 845 4690 6450 96.05 285.0 144 10 78.9 73.7 130935 -35 0.35 2025/1 2/05 63.8 564 838 4670 6445 96.21 274.0 162 43 79.0 73.7 131121 -33 0.45 2025/1 2/08 62.5 572 841 4650 6415 113.45 269.0 125 50 79.0 73.7 130653 -32 0.60 2025/1 2/09 61.9 563 832 4630 6415 108.98 269.0 159 82 79.0 73.7 139789 -28 0.65 2025/1 2/10 62.2 560 832 4605 6345 108.98 272.0 132 27 79.0 73.7 1438 ...

Group 1: Spot Market Data - Newman powder price is 785, with a daily change of 5 and a weekly change of -8; its discount to the futures price is 840.0, and the import profit is -8.75 [1] - PB powder price is 788, with a daily change of 5 and a weekly change of -8; its discount to the futures price is 839.0, and the import profit is -15.93 [1] - Mac powder price is 776, with a daily change of 3 and a weekly change of -9; its discount to the futures price is 847.6, and the import profit is 11.40 [1] - Jinbuba powder price is 741, with a daily change of 5 and a weekly change of -8; its discount to the futures price is 833.4, and the import profit is 15.82 [1] - Mainstream mixed powder price is 725, with a daily change of 4 and a weekly change of -13; its discount to the futures price is 862.8, and the import profit is -2.78 [1] - Super special powder price is 675, with a daily change of 7 and a weekly change of -10; its discount to the futures price is 895.3, and the import profit is -10.89 [1] - Carajás powder price is 870, with a daily change of 5 and a weekly change of -13; its discount to the futures price is 797.8, and the import profit is -22.11 [1] - Brazilian blend price is 819, with a daily change of 5 and a weekly change of -5; its discount to the futures price is 815.8, and the import profit is -7.00 [1] - Brazilian coarse IOC6 price is 758, with a daily change of 5 and a weekly change of -12 [1] - Brazilian coarse SSFG price is 763, with a daily change of 5 and a weekly change of -12 [1] - Ukrainian iron concentrate price is 870, with a daily change of 7 and a weekly change of -15 [1] - 61% Indian powder price is 730, with a daily change of 5 and a weekly change of -8 [1] - Karara iron concentrate price is 872, with a daily change of 7 and a weekly change of -13 [1] - Roy Hill powder price is 775, with a daily change of 5 and a weekly change of -8; its discount to the futures price is 853.0, and the import profit is 20.99 [1] - KUMBA powder price is 847, with a daily change of 5 and a weekly change of -8; its discount to the futures price is 826.4 [1] - 57% Indian powder price is 610, with a daily change of 7 and a weekly change of -10 [1] - Atlas powder price is 720, with a daily change of 4 and a weekly change of -13 [1] - Tangshan iron concentrate price is 983, with no daily change and a weekly change of -25; its discount to the futures price is 870.0 [1] Group 2: Futures Market Data - i2601 contract price is 787.5, with a daily change of 7.5 and a weekly change of -12.0; the monthly spread is -42.5, with a daily change of 10.3 and a weekly change of -2.1 [1] - i2605 contract price is 769.0, with a daily change of 11.5 and a weekly change of -8.0; the monthly spread is 18.5, with a daily change of 28.8 and a weekly change of -6.1 [1] - i2609 contract price is 745.0, with a daily change of 11.5 and a weekly change of -8.0; the monthly spread is 24.0, with a daily change of 52.8 and a weekly change of -6.1 [1] - FE01 contract price is 101.79, with a daily change of -0.27 and a weekly change of -2.11; the monthly spread is -4.57, with a daily change of -32.5 and a weekly change of 4.4 [1] - FE05 contract price is 99.39, with a daily change of -0.19 and a weekly change of -1.86; the monthly spread is 2.40, with a daily change of -35.8 and a weekly change of -0.8 [1] - FE09 contract price is 97.22, with a daily change of -0.18 and a weekly change of -1.87; the monthly spread is 2.17, with a daily change of -42.5 and a weekly change of -1.4 [1]

纯碱产业：中上游库存继续去化；远兴二期投料 玻璃纯碱早报 | | | | | | | | | 研究中心能化团队 | | 2025/12/11 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 玻 璃 | | | | | | | | | | | | | 2025/12/3 2025/12/9 2025/12/10 周度变化 日度变化 | | | | | | | 2025/12/3 | | 2025/12/9 2025/12/10 周度变化 日度变化 | | | | 沙河安全 | 1061.0 | 1044.0 | 1002.0 | -59.0 | -42.0 | FG05合约 | 1125.0 | 1076.0 | 1062.0 | -63.0 | -14.0 | | 5mm大 板 | | | | | | | | | | | | | 沙河长城 | 1036.0 | 1010.0 | 984.0 | -52.0 | -26.0 | FG01合约 | 1020.0 | 984.0 | 964.0 | -56 ...

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| 日期 | WTI | BRENT | DUBAI | diff FOB dated bre | BRENT 1- | WTI-BREN | DUBAI-B | NYMEX RB | RBOB-BR | NYMEX | HO-BRT | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 2月差 | T | RT（EFS | OB | T | HO | | | | | | | nt | | | | | | | | | 2025/12/03 | 58.95 | 62.67 | 63.41 | 0.56 | 0.39 | -3.72 | 0.02 | 182.72 | 14.07 | 230.08 | 33.96 | | 2025/12/04 | 59.67 | 63.26 | 63.89 | 0.56 | 0.40 | -3.59 | 0.04 | 182.71 | 13.48 | 230.37 | 33.50 | | 2025/12/05 | 60.08 | 63.75 | 64.26 | ...

1. Report Industry Investment Rating - No relevant information provided. 2. Core Viewpoints of the Report - This week, the cracking spread of high - sulfur fuel oil in Singapore fluctuated, the monthly spread was at a historical low, strengthened slightly on Friday, the basis weakened and then strengthened slightly on Friday; the cracking spread of European HSFO fluctuated weakly, and the EW spread fluctuated. The cracking spread of 0.5% fuel oil in Singapore weakened, with the monthly spread and basis fluctuating at low levels. [3] - In terms of inventory, Singapore's residue oil had a slight inventory build - up, high - sulfur floating storage had a slight inventory draw - down, ARA's residue oil had a slight inventory build - up, Fujairah's residue oil had a significant inventory build - up, high - sulfur floating storage had an inventory draw - down, and EIA's residue oil had a slight inventory build - up. [3] - With the increasing expectation of Russia - Ukraine peace talks, the cracking spreads of gasoline and diesel in the external market continued to decline this week, and the price difference between low - sulfur fuel oil and diesel continued to rebound. After the fire at Al Zour refinery on October 21, the external low - sulfur fuel oil was supported, but the short - term upside space was limited. [4] - The global heavy - oil market entered the off - season with inventory build - up. The external cracking spread was affected by crude oil fluctuations, and there was no improvement in the spot market. FU01 should be treated bearishly. The valuation of low - sulfur fuel oil was low but there was no driving force. [4] 3. Summary by Relevant Catalogs Rotterdam Fuel Oil Swap Data - From December 3 to December 9, 2025, the price of Rotterdam 3.5% HSF O swap M1 dropped from 348.42 to 335.47, a decrease of 4.32; the price of Rotterdam 0.5% VLS FO swap M1 dropped from 390.01 to 381.64, a decrease of 3.04. [1] - The Rotterdam HSFO - Brent M1 spread changed by 0.06, the Rotterdam 10ppm Gasoil swap M1 decreased by 11.68, the Rotterdam VLSFO - Gasoil M1 increased by 8.64, the LGO - Brent M1 decreased by 0.96, and the Rotterdam VLSFO - HSFO M1 increased by 1.28. [1] Singapore Fuel Oil Swap Data - From December 3 to December 9, 2025, the price of Singapore 380cst M1 dropped from 345.72 to 341.31, a decrease of 11.08; the price of Singapore 180cst M1 dropped from 350.42 to 349.84, a decrease of 9.74; the price of Singapore VLSFO M1 dropped from 419.63 to 416.32, a decrease of 10.14. [1] - The price of Singapore GO M1 dropped from 83.93 to 83.59, a decrease of 1.87; the Singapore 380cst - Brent M1 spread decreased by 0.31, and the Singapore VLSFO - Gasoil M1 increased by 3.69. [1] Singapore Fuel Oil Spot Data - From December 3 to December 9, 2025, the FOB price of 380cst dropped from 334.01 to 333.81, a decrease of 9.72; the FOB price of VLSFO dropped from 418.67 to 415.01, a decrease of 10.02. [2] - The 380 - cst basis increased by 1.18, the high - sulfur internal - external price difference decreased by 0.4, and the low - sulfur internal - external price difference decreased by 0.3. [2] Domestic FU Data - From December 3 to December 9, 2025, the price of FU 01 dropped from 2437 to 2418, a decrease of 90; the price of FU 05 dropped from 2499 to 2488, a decrease of 85; the price of FU 09 dropped from 2468 to 2464, a decrease of 70. [2] - The FU 01 - 05 spread decreased by 5, the FU 05 - 09 spread decreased by 15, and the FU 09 - 01 spread increased by 20. [2] Domestic LU Data - From December 3 to December 9, 2025, the price of LU 01 dropped from 3010 to 2989, a decrease of 82; the price of LU 05 dropped from 3021 to 3003, a decrease of 88; the price of LU 09 dropped from 3060 to 3033, a decrease of 72. [3] - The LU 01 - 05 spread increased by 6, the LU 05 - 09 spread decreased by 16, and the LU 09 - 01 spread increased by 10. [3]