原油成品油早报 研究中心能化团队 2025/12/09 金十期货12月8日讯，最新数据显示，截至12月8日当周，山东独立炼厂原油到港量263.1万吨，环比上涨40.2万吨，涨 幅为18.04%。相比之下，去年同期，山东独立炼厂原油到港量为106.5万吨，环比下跌103.2万吨，跌幅为49.21%，到 港原油以中质原油为主，其中俄罗斯原油到港29.7万吨，且有1船新的稀释沥青到港。 二、库存 ·美国至11月28日当周API原油库存 248万桶，前值-185.9万桶。 ·美国至11月28日当周API汽油库存 313.6万桶，前值53.9万桶。 · 美国至11月28日当周EIA原油库存 57.4万桶，预期-82.1万桶，前值277.4万桶。 | 日期 | WTI | BRENT | DUBAI | diff FOB dated bre | BRENT 1- 2月差 | WTI-BREN T | DUBAI-B RT（EFS | NYMEX RB OB | RBOB-BR T | NYMEX HO | HO-BRT | | --- | --- | --- | --- | --- | --- | --- | --- | ...

SP主力合约收盘价： 5392.00 | 日期 | 2025/12/08 | 2025/12/05 | 2025/12/04 | 2025/12/03 | 2025/12/02 | | --- | --- | --- | --- | --- | --- | | 主力合约收盘价 | 5392.00 | 5450.00 | 5496.00 | 5458.00 | 5328.00 | | 折美元价 | 673.36 | 673.36 | 679.27 | 674.79 | 658.04 | | 距上一日涨跌 | -1.06422% | -0.83697% | 0.69623% | 2.43994% | 2.65896% | | 山东银星基差 | 108 | 50 | 29 | 67 | 97 | | 江浙沪银星基差 | 158 | 115 | 79 | 67 | 97 | 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 | | --- | --- | --- | --- | --- | --- | | 加拿大 | 金狮 | CFR | 780 | 630 ...

现 货 价 格 | 日期 | 豆粕江苏 | 菜粕广东 | 豆油江苏 | 棕榈油广州 | 菜油江苏 | | --- | --- | --- | --- | --- | --- | | 2025/12/02 | 3020 | 2520 | 8550 | 8670 | 10020 | | 2025/12/03 | 3020 | 2510 | 8580 | 8680 | 10000 | | 2025/12/04 | 3020 | 2520 | 8520 | 8620 | 9890 | | 2025/12/05 | 3020 | 2500 | 8540 | 8720 | 9870 | | 2025/12/08 | 3020 | 2500 | 8500 | 8660 | 9760 | 蛋 白 粕 基 差 ： 油 脂 基 差 ： 油脂油料早报 研究中心农产品团队 2025/12/09 隔 夜 市 场 信 息 ： 民间出口商报告向中国出口销售13.2万吨大豆 民间出口商报告向中国出口销售132,000吨大豆，2025/2026市场年度付运。 12月4日止当周美国大豆出口检验量为1,018,127吨，符合预期 美国农业部公布的 ...

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: December 9, 2025 [3] Key Data Summary BR (Butadiene Rubber) - **Futures Information**: The closing price of the BR main contract (12) on December 8 was 10,515, with a daily increase of 105 and a weekly decrease of 170. The open interest was 27,454, a daily decrease of 2,743 and a weekly decrease of 18,149. The trading volume was 62,819, a daily decrease of 2,624 and a weekly decrease of 108,468. The warrant quantity was 17,320, a daily increase of 4,000 and a weekly increase of 1,830. The long - short ratio was 7.93, a daily decrease of 3 and a weekly decrease of 7 [4]. - **Basis/Spread/Inter - Variety**: The butadiene rubber basis was - 15, with a daily change not provided and a weekly increase of 170. The styrene - butadiene basis was 435, a daily decrease of 105 and a weekly increase of 120. The 12 - 01 spread was 10, a daily increase of 45. The 01 - 02 spread was - 15, a daily increase of 10 and a weekly change of 0. The RU - BR spread was 4,550, a daily decrease of 105 and a weekly decrease of 125. The NR - BR spread was 1,550, a daily decrease of 85 and a weekly increase of 5 [4]. - **Spot Price**: The Shandong market price was 10,500, a daily increase of 50 and a weekly change of 0. The Transfar market price was 10,400, with no daily or weekly change. The Qilu ex - factory price was 10,600, with no daily or weekly change. The CFR Northeast Asia price was 1,300, with no daily change and a weekly decrease of 25. The CFR Southeast Asia price was 1,575, with no daily change and a weekly decrease of 25 [4]. - **Profit**: The spot processing profit was 854, a daily decrease of 52 and a weekly increase of 204. The import profit was - 389, a daily increase of 52 and a weekly increase of 200. The export profit was 1,356, a daily decrease of 46 and a weekly decrease of 177 [4]. BD (Butadiene) - **Spot Price**: The Shandong market price was 7,300, a daily increase of 100 and a weekly decrease of 200. The Jiangsu market price was 7,250, a daily increase of 200 and a weekly change of 0. The Yangzi ex - factory price was 7,200, a daily increase of 100 and a weekly increase of 100. The CFR China price was 860, a daily increase of 10 and a weekly increase of 40 [4]. - **Profit**: The ethylene cracking profit data was incomplete. The C4 extraction profit data was incomplete. The butene oxidative dehydrogenation profit was - 1,564, a daily increase of 200. The import profit was 229, a daily increase of 122 and a weekly decrease of 319. The export profit was - 1,014, a daily decrease of 34 and a weekly increase of 283. The styrene - butadiene production profit was 1,450, a daily decrease of 88 and a weekly decrease of 113. The ABS production profit data was incomplete. The SBS production profit was - 405, a daily decrease of 70 and a weekly decrease of 100 [4]

废钢早报 研究中心黑色团队 2025/12/09 日期 华东 华北 中部 华南 东北 西南 | 2025/12/02 | 2191 | 2263 | 2022 | 2229 | 2225 | 2089 | | --- | --- | --- | --- | --- | --- | --- | | 2025/12/03 | 2192 | 2264 | 2032 | 2231 | 2225 | 2090 | | 2025/12/04 | 2192 | 2264 | 2035 | 2231 | 2223 | 2092 | | 2025/12/05 | 2194 | 2263 | 2037 | 2231 | 2223 | 2093 | | 2025/12/08 | 2187 | 2262 | 2035 | 2218 | 2216 | 2089 | | 环比 | -7 | -1 | -2 | -13 | -7 | -4 | 免责声明: 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 容的客观、公正，研究方法专业审慎，分析结论合理，但我司对信息 ...

跨品种套利跟踪 2025/12/09 | 铜/锌 | 铜/铝 | 铜/铅 | 铝/锌 | 铝/铅 | 铅/锌 | 3.99 | 4.16 | 5.37 | 0.96 | 1.29 | 0.74 | 沪（三连） | 3.73 | 4.03 | 5.82 | 0.93 | 1.45 | 0.64 | 伦（三连） | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 免责声明: | 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 | 容的客观、公正，研究方法专业审慎，分析结论合理，但公司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信息和建议不会 | 发生任何变化。且全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，客户应当自主做出期货交易决策，独立承担期货交 | 易后果，凡据此入市者，我公司不承担任何责任。未经公司授权 ...

Group 1: Price Performance - London Gold's latest price is 4188.25 with a change of -54.75 [3] - London Silver's latest price is 58.38 with a change of 0.27 [3] - London Platinum's latest price is 1645.00 with a change of 9.00 [3] - London Palladium's latest price is 1459.00 with a change of 13.00 [3] - WTI Crude's latest price is 60.08 with a change of 0.00 [3] - LME Copper's latest price is 11708.50 with a change of 30.00 [3] - US Dollar Index's latest value is 98.98 with a change of 0.00 [3] - Euro to US Dollar's latest rate is 1.16 with a change of 0.00 [3] - British Pound to US Dollar's latest rate is 1.33 with a change of 0.00 [3] - US Dollar to Japanese Yen's latest rate is 155.34 with a change of 0.00 [3] - US 10 - year TIPS's latest value is 1.88 with a change of 0.00 [3] Group 2: Trading Data - COMEX Silver's latest inventory is 14216.49 with a change of 0.00 [4] - SHFE Silver's latest inventory is 699.29 with a change of 11.33 [4] - Gold ETF's latest holding is 1049.11 with a change of -1.14 [4] - Silver ETF's latest holding is 15888.54 with a change of -36.67 [4] - SGE Silver's latest inventory is 715.88 with a change of 0.00 [4] - SGE Gold's latest deferred fee payment direction is 1 with a change of 0.00 [4] - SGE Silver's latest deferred fee payment direction is 2 with a change of 0.00 [4] Group 3: Data Source - The data in the above charts are from Bloomberg, Yong'an Yuandian Information, and Wind [12]

1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 长治出厂价 2021 2022 2023 2024 2025 4000.00 4500.00 青岛港准一平仓 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 2021 2022 2023 2024 2025 全样本焦化焦炭库存 900.00 1400.00 1900.00 2400.00 2900.00 3400.00 3900.00 4400.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 吕梁出厂价 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 4000.00 4500.00 1月 2月 3月 4月 5月 6月 7月 8月 9 ...

| | | | 钢材早报 | | | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | 研究中心黑色团队 2025/12/09 | | | 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 | | 2025/12/02 | 3250 | 3320 | 3300 | 3310 | 3560 | 3440 | | 2025/12/03 | 3210 | 3320 | 3300 | 3310 | 3560 | 3440 | | 2025/12/04 | 3190 | 3320 | 3300 | 3310 | 3560 | 3440 | | 2025/12/05 | 3180 | 3270 | 3320 | 3310 | 3560 | 3440 | | 2025/12/08 | - | - | - | - | - | - | | 变化 | - | - | - | - | - | - | | 日期 | 天津热卷 | 上海热卷 | 乐从热卷 | 天津冷卷 | 上海冷卷 ...

有色早报 研究中心有色团队 2025/12/09 铜 ： 日期 沪铜现货 升贴水 废精铜 价差 上期所 库存 沪铜 仓单 现货进口 盈利 三月进口 盈利 保税库 premium 提单 premium 伦铜 C-3M LME 库存 LME 注销仓单 2025/12/02 120 3264 115035 30568 -1557.87 -95.77 38.0 48.0 69.18 161800 6300 2025/12/03 155 3604 115035 28969 -1649.33 -113.35 38.0 48.0 88.38 162150 56875 2025/12/04 220 4473 115035 32139 -1611.35 -281.23 38.0 48.0 50.44 162825 64325 2025/12/05 210 4659 115035 30936 -860.77 -63.25 38.0 46.0 23.05 162550 63850 2025/12/08 145 3804 115035 29956 -857.49 -131.15 40.0 46.0 8.19 164550 63175 ...