Group 1: Report Industry Investment Rating - No information provided Group 2: Report Core View - No information provided Group 3: Summary of Spot Market - Newman powder price is 784, down 6 daily and 6 weekly, with a discounted futures price of 839.0, a premium of 101.55, down 0.55 daily and up 0.90 weekly, and an import profit of - 19.00 [1] - PB powder price is 787, down 6 daily and 6 weekly, with a discounted futures price of 834.9, a premium of 107.35, down 0.50 daily and up 1.25 weekly, and an import profit of - 23.63 [1] - Mac powder price is 775, down 8 daily and 6 weekly, with a discounted futures price of 846.5, a premium of 100.40, down 0.65 daily and up 0.25 weekly, and an import profit of 4.78 [1] - Jinbuba powder price is 740, down 6 daily and 6 weekly, with a discounted futures price of 832.3, a premium of 94.55, down 0.85 daily and up 0.20 weekly, and an import profit of 7.34 [1] - Mainstream mixed powder price is 732, unchanged daily and up 2 weekly, with a discounted futures price of 861.4, a premium of 95.65, down 0.50 daily and down 0.15 weekly, and an import profit of - 4.32 [1] - Super special powder price is 675, down 7 daily and 8 weekly, with a discounted futures price of 889.3, a premium of 91.45, down 0.60 daily and down 0.65 weekly, and an import profit of - 20.01 [1] - Carajás powder price is 870, down 7 daily and 11 weekly, with a discounted futures price of 813.1, a premium of 118.65, down 0.55 daily and up 1.05 weekly, and an import profit of - 32.28 [1] - Brazilian mixed powder price is 820, down 1 daily and 8 weekly, with a discounted futures price of 835.2, a premium of 110.00, down 0.45 daily and up 1.20 weekly, and an import profit of - 13.89 [1] - Brazilian coarse IOC6 powder price is 757, down 6 daily and 13 weekly [1] - Brazilian coarse SSFG powder price is 762, down 6 daily and 13 weekly [1] - Ukrainian concentrate price is 875, down 5 daily and 5 weekly, with a discounted futures price of 970.1 [1] - 61% Indian powder price is 729, down 6 daily and 6 weekly [1] - Karara concentrate price is 875, down 5 daily and 5 weekly, with a discounted futures price of 895.1 [1] - Roy Hill powder price is 774, down 6 daily and 6 weekly, with a discounted futures price of 851.9, a premium of 100.65, down 0.50 daily and up 1.00 weekly, and an import profit of 8.95 [1] - KUMBA powder price is 846, down 6 daily and 6 weekly, with a discounted futures price of 837.4 [1] - 57% Indian powder price is 610, down 7 daily and 8 weekly [1] - Atlas powder price is 727, unchanged daily and up 2 weekly [1] - Tangshan iron concentrate price is 1002, down 6 daily and 12 weekly, with a discounted futures price of 889.0 [1] Group 4: Summary of Futures Market - i2601 contract price is 785.5, down 9.0 daily and 8.5 weekly, with an inter - monthly spread of - 41.5, a basis of 27.6, up 1.3 daily and down 3.5 weekly [1] - i2605 contract price is 769.0, down 8.0 daily and up 1.0 weekly, with an inter - monthly spread of 16.5, a basis of 44.1, up 0.3 daily and down 13.0 weekly [1] - i2609 contract price is 744.0, down 9.0 daily and up 0.5 weekly, with an inter - monthly spread of 25.0, a basis of 69.1, up 1.3 daily and down 12.5 weekly [1] - FE01 contract price is 104.26, up 0.06 daily and 0.87 weekly, with an inter - monthly spread of - 5.02, a basis of - 38.6, down 6.4 daily and 10.8 weekly [1] - FE05 contract price is 101.54, up 0.09 daily and 0.91 weekly, with an inter - monthly spread of 2.72, a basis of - 34.4, down 1.6 daily and 2.2 weekly [1] - FE09 contract price is 99.24, up 0.09 daily and 0.85 weekly, with an inter - monthly spread of 2.30, a basis of - 40.0, down 1.6 daily and 0.7 weekly [1]

农产品早报 | | | | | | | | | | 研究中心农产品团队 2025/12/08 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 玉米/淀粉 | | | | 玉米 | | | | | | 淀粉 | | | 日期 | 长春 | 锦州 | 潍坊 | 蛇口 | 基差 | 贸易利润 | 进口盈亏 | 黑龙江 | 潍坊 | 基差 | 加工利润 | | 2025/12/01 | 2120 | 2240 | 2210 | 2440 | 4 | 45 | 252 | 2700 | 2850 | 163 | -47 | | 2025/12/02 | 2120 | 2240 | 2210 | 2430 | -3 | 35 | 249 | 2700 | 2850 | 159 | -47 | | 2025/12/03 | 2120 | 2250 | 2210 | 2450 | -9 | 50 | 247 | 2700 | 2820 | 143 | -67 | | 2025/12/04 | 2120 | 22 ...

油脂油料早报 研究中心农产品团队 2025/12/08 隔 夜 市 场 信 息 ： 民间出口商报告向中国出口销售462,000吨大豆 USDA网站12月5日消息，民间出口商报告向中国出口销售462,000吨大豆，2025/2026市场年度付运。 USDA：美国2026/27年度料扩大大豆种植面积 USDA发布的一项预估数据显示，在下一市场年度，美国农民预计将扩大大豆种植面积。 美国农业部预计，大豆种植面积将从8,110万英亩扩大至8,500万英亩。美国农业部的初步"基线"预测是基于其在 11月14日的月度供需报告，该预测通常被用于预算编制。 美国农业部预测，2026/27年度美国大豆期末库存为3.14亿蒲式耳。 截至11月6日当周，美国2025/26年度大豆出口销售料净增45-160万吨 USDA将在北京时间21:30发布截至11月6日当周出口销售报告。分析师预估，截至11月6日当周，美国大豆出口销售 料净增450,000-1,600,000吨。其中2025/26年度料净增450,000-1,600,000吨，2026/27年度料净增0吨。 美国豆粕出口销售料净增50,000-400,000吨。其中2025- ...

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: December 8, 2025 [3] - Data Sources: Mysteel, Wind [8] Core Data Summary BR Futures - On December 5th, the closing price of the BR12 contract was 10,410, down 45 from the previous trading day and up 100 week - on - week [4] - The open interest was 30,197, down 1,872 from the previous day and down 18,607 week - on - week [4] - The trading volume was 65,443, down 26,058 from the previous day and down 58,373 week - on - week [4] - The number of warehouse receipts was 13,320, down 100 from the previous day and down 2,520 week - on - week [4] - The long - short ratio was 11.34, down 1 from the previous day and down 4 week - on - week [4] Basis and Spread - The basis of BR was 40 on December 5th, up 45 from the previous day and down 50 week - on - week [4] - The difference between BR12 and BR01 was - 32, up 40 from the previous day and up 60 week - on - week [4] - The difference between BR01 and BR02 was - 25, down 30 from the previous day and down 25 week - on - week [4] - The difference between RU and BR was 4,655, up 70 from the previous day and down 285 week - on - week [4] - The difference between NR and BR was 1,635, up 120 from the previous day and down 225 week - on - week [4] Spot Prices - The Shandong market price of BR was 10,450 on December 5th, unchanged from the previous day and up 50 week - on - week [4] - The Chuanhua market price was 10,400, unchanged from the previous day and up 150 week - on - week [4] - The Qilu ex - factory price was 10,600, unchanged from the previous day and up 200 week - on - week [4] - CFR Northeast Asia was 1,300, unchanged from the previous day and down 25 week - on - week [4] - CFR Southeast Asia was 1,575, unchanged from the previous day and down 25 week - on - week [4] Profits - The spot processing profit of BR was 906, unchanged from the previous day and up 101 week - on - week [4] - The import profit was - 442, unchanged from the previous day and up 250 week - on - week [4] - The export profit was 1,401, unchanged from the previous day and down 220 week - on - week [4] Other Products - For other products, the report also provides data on prices, basis, spreads, and profits, including styrene - butadiene rubber, ABS, SBS, etc [4]

废钢早报 研究中心黑色团队 2025/12/08 | 日期 | 华东 | 华北 | 中部 | 华南 | 东北 | 西南 | | --- | --- | --- | --- | --- | --- | --- | | 2025/12/01 | 2189 | 2262 | 2016 | 2224 | 2225 | 2089 | | 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 | | 环比 | 2 | -1 | 2 | 0 | 0 | 1 | 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 ...

s 加安期货 沥青早报 | | 指标 | 11/5 | 12/1 | 12/3 | 12/4 | 12/5 | 日度変化 | 팀 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 基差&月差 | 山东基差(+80)(弘润) | -16 | 40 | 78 | 48 | 42 | -6 | | | | 华东基差(镇江库) | 124 | 60 | 88 | 88 | 92 | 4 | | | | 华南县差(佛山库) | 134 | -10 | 18 | -2 | -18 | -16 | | | | 12-01 | -2 | -19 | -25 | -19 | -26 | -7 | | | | 12-03 | -40 | -50 | -52 | -47 | -51 | -4 | | | | 01-02 | -19 | -7 | -9 | -11 | -11 | 0 | | | STET | BU主力合约(01) | 3166 | 2990 | 2952 | 2952 | 2948 | -4 | | | | 成交量 | 238182 | 3100 ...

波动率数据日报 永安期货期权总部 隐含波动率分位数排名 历史波动率分位数排名 0. 72 更新时间: 2025/12/5 、隐含波动率指数、历史波动率及其价差走势图 1、金融期权隐含波动率指数反映截止上一交易日的30日隐波走势,商品期权隐含波动 率指数通过主力月平值期权上下两档隐波加权所得,反映主力合约的隐波变化趋势。2 隐波指数与历史波动率的差值,差值越大反映隐波相对历史波动率越高,差值越小代 表隐波相对历史波动率越低。 70 300股指 -- 300股指 IV-HV差 - 50ETF - 50ETF IV-HV美 ZD 20 -- 1000股指 IV-HV差 500ETF - 500ETF -- 1000股指 IV-HV美 ZID 10 20 10 日报 IV-HV美 IV-HV美 tte SISTING 60 40 豆粕 IV-HV差 塑和 IV-HV差 玉米 王米 30 50 20 20 30 40 10 10 0 10 10 IC ·40 40 0 30 10 30 40 IV-HV美 白糖 白糖 30 25 IV-HV差 棉花 棉花 25 20 20 20 10 15 5 0 10 10 TO 2 ...

s 加安期货 沥青早报 研究中心能化团队 2025/12/5 | | 指标 | 11/4 | 11/28 | 12/2 | 12/3 | 12/4 | 日度变化 | 周度変化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 基差&月差 | 山东基差(+80)(弘润) | 17 | 44 | 114 | 78 | 48 | -30 | 4 | | | 华东基差(镇江库) | 157 | 54 | 134 | 88 | 88 | 0 | 34 | | | 华南基差(佛山库) | 107 | -16 | 64 | 18 | -2 | -20 | 14 | | | 12-01 | -4 | -18 | -25 | -25 | -19 | 6 | -1 | | | 12-03 | -35 | -48 | -53 | -52 | -47 | 5 | | | | 01-02 | -15 | -7 | -5 | -9 | -11 | -2 | -4 | | :11:1 | BU主力合约(01) | 3193 | 2996 | 2916 | 2952 | ...

ગઢ | | | | | | | 研究中心能化团队 | | | 2025/12/5 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 合约 EC2512 | | 昨日收篇价 1649.1 | 涨 -0.24% | 基差 -165.5 | 昨日成交量 270 | | 昨日持命量 3731 | 持仓变动 -82 | | | EC2602 | | 1585.0 | 2.92% | -101.4 | 27304 | | 34222 | -786 | | | EC2604 | | 1090.1 | 0.65% | 393.6 | 2881 | | 19129 | 132 | | | EC2606 | | 1255.1 | 0.05% | 228.6 | 178 | | 2141 | -26 | | 期货 | EC2608 | | 1385.6 | 0.40% | 98.1 | 125 | | 1549 | -28 | | | EC2610 | | 1040.2 | -0.19% | 443.5 | 297 | | 3961 | 72 ...

Group 1: Futures Contract Information - EC2512 had a yesterday's closing price of 1649.1 with a decline of 0.27%, a basis of -165.5, a trading volume of 270, an open interest of 3731, and an open interest change of -82 [2] - EC2602 had a price of 1585.0 with an increase of 2.92%, a basis of -101.4, a trading volume of 27304, an open interest of 34222, and an open interest change of -786 [2] - EC2604 had a price of 1090.1 with an increase of 0.65%, a basis of 393.6, a trading volume of 2881, an open interest of 19129, and an open interest change of 132 [2] - EC2606 had a price of 1255.1 with an increase of 0.05%, a basis of 228.6, a trading volume of 178, an open interest of 2141, and an open interest change of -26 [2] - EC2608 had a price of 1385.6 with an increase of 0.40%, a basis of 98.1, a trading volume of 125, an open interest of 1549, and an open interest change of -28 [2] - EC2610 had a price of 1040.2 with a decline of 0.19%, a basis of 443.5, a trading volume of 297, an open interest of 3961, and an open interest change of 72 [2] Group 2: Spread Information - The EC2512 - 2504 spread was 559.0, compared to 561.5 the day before yesterday with a change of -11.4 [2] - The EC2512 - 2602 spread was 64.1, compared to 113.4 the day before yesterday with a change of -49.3 [2] - The EC2502 - 2604 spread was 401, compared to 457.0 the day before yesterday with a change of 37.9 [2] Group 3: Spot Index Information - The SCHIS index on 2025/12/1 was 1483.65, down 9.50% from the previous period [2] - The SCFI (European line) on 2025/11/28 was 1404 dollars/TEU, up 2.71% from the previous period [2] - The CCFI (European line) on 2025/11/28 was 1449.34 points, up 1.14% from the previous period [2] - The NCFI on 2025/11/28 was 1024.64 points, up 7.67% from the previous period [2] Group 4: Market Analysis and Outlook - The December contract is moving towards the delivery logic, with P1 around 1550 points. P2 and P3 are对标 to the second - half of December cabin positions, and the price is expected to be stable with a slight increase [3] - The 02 contract has a neutral valuation, follows the spot price in the short - term, and there is a game for the peak - season height. Although high capacity limits the upside, there is no overly pessimistic expectation due to the late Spring Festival, strong cargo volume on the European line this year, and the 02 contract covering the freight rates from the second - half of January to the first ten days of February [3] - The 04 contract has limited short - term downside space, and attention should be paid to the short - selling opportunities when it follows the near - month contracts to rise [3] Group 5: Recent Spot Market Situation - The price increase announcement in the first half of December failed. In Week 49, the average was 2360 dollars, equivalent to 1650 points on the futures market [4] - In Week 50, MSK's cabin opening price dropped to 2200 dollars, and other shipping companies followed suit. The current central price is 2270 dollars, equivalent to 1580 points on the futures market [4] - On Monday, YML reduced the price of two ships in Week 50 by 150 to 1750 dollars, while MSC increased it by 200 to 2600 dollars [4] - It is expected that shipping companies will announce price increases for January cabins in early December. MSK's opening price for Week 51 is 2400 dollars, a 200 - dollar increase from the previous period, equivalent to 1660 points on the futures market [4] - On Thursday, MSK issued a price - increase notice for January European lines, with the price rising to 3500 dollars [4]