宝城期货品种套利数据日报-20250611

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core View The report presents the daily arbitrage data of various futures varieties on June 11, 2025, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures, aiming to provide investors with data for potential arbitrage opportunities [1]. 3. Summary by Category Power Coal - Base Difference: From June 4 to June 10, 2025, the base difference was - 192.4 yuan/ton, and the 5 - month - 1 - month, 9 - month - 1 - month, and 9 - month - 5 - month spreads were all 0 [2]. Energy Chemicals - Energy Commodities - Base Difference: For INE crude oil on June 10, 2025, the base difference was - 14.42 yuan/ton; for fuel oil, it was 191.19 yuan/ton. The ratio of crude oil to asphalt was 0.1328 [10]. - Chemical Commodities - Base Difference: On June 10, 2025, the base differences of natural rubber, methanol, PTA, LLDPE, and PP were 45, 119, 243, 144, and 609 yuan/ton respectively [11]. - Inter - period Spreads: For example, the 5 - month - 1 - month spread of natural rubber was 35 yuan/ton, and the 9 - month - 1 - month spread was - 890 yuan/ton [11]. - Inter - variety Spreads: On June 10, 2025, the LLDPE - PVC spread was 2294 yuan/ton, and the LLDPE - PP spread was 158 yuan/ton [11]. Black Metals - Base Difference: On June 10, 2025, the base differences of rebar, iron ore, coke, and coking coal were 126, 104, - 11.8, and 46 yuan/ton respectively [16]. - Inter - period Spreads: For rebar, the 5 - month - 1 - month spread was 3 yuan/ton, and the 10 - month - 1 - month spread was 4 yuan/ton [16]. - Inter - variety Spreads: On June 10, 2025, the rebar/iron ore ratio was 4.26, and the rebar/coke ratio was 2.2046 [16]. Non - ferrous Metals - Domestic Market - Base Difference: On June 10, 2025, the base differences of copper, aluminum, zinc, lead, nickel, and tin were 510, 160, 295, - 50, 1590, and 1390 yuan/ton respectively [24]. - London Market - LME Premiums and Discounts: On June 10, 2025, the LME premiums and discounts of copper, aluminum, zinc, lead, nickel, and tin were 84.10, 7.37, - 33.05, - 27.55, - 194.17, and 5.00 respectively [31]. - Shanghai - London Ratio: The Shanghai - London ratios of copper, aluminum, zinc, lead, nickel, and tin were 8.11, 8.09, 8.27, 8.48, 7.91, and 8.10 respectively [31]. - Import Profit and Loss: The import profit and loss of copper, aluminum, zinc, lead, nickel, and tin were - 1172.72, - 1399.92, - 536.36, 313.62, - 1058.35, and - 21434.71 yuan/ton respectively [31]. Agricultural Products - Base Difference: On June 10, 2025, the base differences of soybeans No.1, soybeans No.2, soybean meal, soybean oil, and corn were - 119, 0, - 51, 332, and 1 yuan/ton respectively [40]. - Inter - period Spreads: For soybeans No.1, the 5 - month - 1 - month spread was 9 yuan/ton, and the 9 - month - 1 - month spread was 110 yuan/ton [40]. - Inter - variety Spreads: On June 10, 2025, the soybean No.1/corn ratio was 1.77, and the soybean oil/soybean meal ratio was 2.56 [40]. Stock Index Futures - Base Difference: On June 10, 2025, the base differences of CSI 300, SSE 50, CSI 500, and CSI 1000 were 24.47, 16.40, 39.79, and 47.89 respectively [48]. - Inter - period Spreads: For CSI 300, the next - month - current - month spread was - 38.2, and the current - quarter - current - month spread was - 67.6 [48].