宝城期货品种套利数据日报-20250520

Report Title - Baocheng Futures Variety Arbitrage Data Daily Report (May 20, 2025) [1] Core Content 1. Thermal Coal - Base Price Data: From May 13 - May 19, 2025, the base price of thermal coal was -182.4, -184.4, -187.4, -187.4, -189.4 respectively, with 5 - 1 month, 9 - 1 month, and 9 - 5 month spreads all at 0.0 [2] 2. Energy and Chemicals Energy Commodities - Base Price and Ratio: From May 13 - May 19, 2025, the base price of INE crude oil, fuel oil, and the ratio of crude oil to asphalt showed different changes. For example, the base price of INE crude oil on May 19 was -14.51, and the ratio of crude oil to asphalt was 0.1386 [6] Chemical Commodities - Base Price, Spread, and Cross - Variety Data: For various chemical products such as natural rubber, methanol, PTA, etc., from May 13 - May 19, 2025, the base price, cross - period spreads (e.g., 5 - 1 month, 9 - 1 month, 9 - 5 month), and cross - variety spreads (e.g., LLDPE - PVC, LLDPE - PP) all had different values. For example, the base price of natural rubber on May 19 was -5 [7] 3. Black Metals - Base Price, Spread, and Cross - Variety Data: For products like rebar, iron ore, coke, and coking coal, from May 13 - May 19, 2025, the base price, cross - period spreads (e.g., 5 - 1 month, 9 - 1 month, 9 - 5 month for iron ore, coke, coking coal; 5 - 1 month, 10 - 1 month, 10 - 5 month for rebar), and cross - variety ratios (e.g., rebar/iron ore, rebar/coke) all had different values. For example, the base price of rebar on May 19 was 111.0 [12] 4. Non - ferrous Metals Domestic Market - Base Price Data: For copper, aluminum, zinc, lead, nickel, and tin, from May 13 - May 19, 2025, the domestic base prices had different values. For example, the base price of copper on May 19 was 310 [21] London Market - LME Premium, Shanghai - London Ratio, CIF, Domestic Spot, and Import Profit/Loss: For copper, aluminum, zinc, lead, nickel, and tin, on May 19, 2025, the LME premium, Shanghai - London ratio, CIF price, domestic spot price, and import profit/loss had different values. For example, the LME premium of copper was 15.52, and the import profit was 72.09 [27] 5. Agricultural Products - Base Price, Spread, and Cross - Variety Data: For products like soybeans, soybean meal, soybean oil, etc., from May 13 - May 19, 2025, the base price, cross - period spreads (e.g., 5 - 1 month, 9 - 1 month, 9 - 5 month), and cross - variety ratios (e.g., soybean/corn, soybean oil/soybean meal) all had different values. For example, the base price of soybeans on May 19 was -222 [35] 6. Stock Index Futures - Base Price and Cross - Period Data: For CSI 300, SSE 50, CSI 500, and CSI 1000, from May 13 - May 19, 2025, the base prices had different values, and the cross - period spreads (e.g., next month - current month, current quarter - current month) also had different values. For example, the base price of CSI 300 on May 19 was 33.95 [43]