Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-06-03 10:07Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - A - share major indices closed up collectively, with small - and medium - cap stocks slightly stronger than large - cap blue - chip stocks. The market is currently in a policy vacuum period after the introduction of domestic macro - support policies, and it is expected to maintain a volatile trend in the short term. It is recommended to wait and see for now [2]. 3. Summary by Relevant Catalogs 3.1 Futures Disk - Contract Prices: IF (2506) latest price is 3824.8, up 4.2; IH (2506) is 2668.6, up 1.4; IC (2506) is 5638.4, up 18.6; IM (2506) is 5998.0, up 40.6. For the next - main contracts, IF (2509) is 3751.8, up 1.4; IH (2509) is 2632.8, up 2.4; IC (2509) is 5455.2, up 12.0; IM (2509) is 5745.0, up 34.6 [2]. - Contract Spreads: IF - IH spread is 1156.2, up 1.0; IC - IF spread is 1813.6, up 8.2; IM - IC spread is 359.6, up 21.4; IC - IH spread is 2969.8, up 9.2; IM - IF spread is 2173.2, up 29.6; IM - IH spread is 3329.4, up 30.6 [2]. - Quarter - to - Month Spreads: IF quarter - to - month is - 73.0, down 2.6; IH is - 35.8, up 1.8; IC is - 183.2, down 7.4; IM is - 253.0, down 6.8. For the next - quarter - to - month, IF is - 108.8, down 1.6; IH is - 35, up 3.8; IC is - 309.6, down 14.2; IM is - 428.8, down 14.0 [2]. 3.2 Futures Positions - IF top 20 net positions are - 28,697.00, down 138.0; IH are - 11,498.00, up 686.0; IC are - 11,705.00, up 1088.0; IM are - 30,786.00, down 1498.0 [2]. 3.3 Spot Prices - CSI 300 is 3852.01, up 11.8; SSE 50 is 2687.30, up 8.6; CSI 500 is 5694.84, up 23.8; CSI 1000 is 6070.04, up 43.5. IF basis is - 27.2, down 9.4; IH basis is - 18.7, down 7.2; IC basis is - 56.4, down 13.2; IM basis is - 72.0, down 11.5 [2]. 3.4 Market Sentiment - A - share trading volume is 11,638.30 billion yuan, down 4.16; margin trading balance is 18,009.47 billion yuan, down 84.23; north - bound trading volume is 1526.22 billion yuan, up 147.72; reverse repurchase: expiration is - 8300.0 billion yuan, operation is + 4545.0 billion yuan; main funds are - 496.74 billion yuan, down 95.94; the proportion of rising stocks is 62.64%, up 42.00; Shibor is 1.410%, down 0.061 [2]. 3.5 Wind Market Strength - Weakness Analysis - All A - shares score 6.50, up 3.40; technical aspect scores 6.30, up 4.30; capital aspect scores 6.70, up 2.60 [2]. 3.6 Industry News - In May, China's manufacturing PMI was 49.5%, up 0.5 percentage points month - on - month; non - manufacturing PMI was 50.3%, down 0.1 percentage points; comprehensive PMI was 50.4%, up 0.2 percentage points. New export and import order indices rose significantly [2]. - The US will raise steel import tariffs from 25% to 50% starting June 4 [2]. - The US extended the exemption period for the 301 investigation against China from May 31 to August 31 [2]. - The US accused China of violating the Geneva economic and trade talks consensus, and China firmly rejected the baseless accusation and urged the US to correct its wrong actions [2].