宝城期货品种套利数据日报-20250825

Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - The report presents the daily arbitrage data of various futures varieties on August 25, 2025, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures, covering aspects such as basis, inter - period spreads, and inter - variety spreads [1][4][20][26][37][49] 3. Summary by Directory 3.1 Power Coal - The basis and inter - period spreads (5 - 1 month, 9 - 1 month, 9 - 5 month) of power coal from August 18 to August 22, 2025, are presented. The basis values are - 100.4, - 99.4, - 97.4, - 97.4, - 97.4 respectively, and the inter - period spreads are all 0 [1][2] 3.2 Energy Chemicals 3.2.1 Energy Commodities - The basis, ratio, and other data of fuel oil, crude oil, asphalt, and INE crude oil from August 18 to August 22, 2025, are provided. For example, the basis of INE crude oil on August 22 is 138.38 [6] 3.2.2 Chemical Commodities - Basis: The basis data of rubber, methanol, PTA, LLDPE, V, and PP from August 18 to August 22, 2025, are given. For example, the basis of rubber on August 22 is - 975 [8] - Inter - period Spreads: The 5 - 1 month, 9 - 1 month, and 9 - 5 month inter - period spreads of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are presented. For example, the 5 - 1 month inter - period spread of rubber is 90 [10] - Inter - variety Spreads: The inter - variety spreads of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3*methanol from August 18 to August 22, 2025, are provided. For example, the LLDPE - PVC spread on August 22 is 2381 [10] 3.3 Black Metals - Inter - period Spreads: The 5 - 1 month, 9(10) - 1 month, and 9(10) - 5 month inter - period spreads of rebar, iron ore, coke, and coking coal are presented. For example, the 5 - 1 month inter - period spread of rebar is 37.0 [19] - Inter - variety Spreads: The inter - variety spreads of rebar/iron ore, rebar/coke, coke/coking coal, and rebar - hot rolled coil from August 18 to August 22, 2025, are provided. For example, the rebar/iron ore ratio on August 22 is 4.05 [19] - Basis: The basis data of rebar, iron ore, coke, and coking coal from August 18 to August 22, 2025, are given. For example, the basis of rebar on August 22 is 151.0 [20] 3.4 Non - ferrous Metals 3.4.1 Domestic Market - The domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from August 18 to August 22, 2025, are presented. For example, the domestic basis of copper on August 22 is 120 [29] 3.4.2 London Market - The LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss data of copper, aluminum, zinc, lead, nickel, and tin on August 22, 2025, are provided. For example, the LME spread of copper is (78.38) [33] 3.5 Agricultural Products - Basis: The basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, corn, etc. from August 18 to August 22, 2025, are given. For example, the basis of soybeans No.1 on August 22 is 55 [38] - Inter - period Spreads: The 5 - 1 month, 9 - 1 month, and 9 - 5 month inter - period spreads of soybeans No.1, soybeans No.2, soybean meal, soybean oil, rapeseed meal, etc. are presented. For example, the 5 - 1 month inter - period spread of soybeans No.1 is 49 [38] - Inter - variety Spreads: The inter - variety spreads of soybeans No.1/corn, soybeans No.2/corn, soybean oil/soybean meal, etc. from August 18 to August 22, 2025, are provided. For example, the soybeans No.1/corn ratio on August 22 is 1.85 [38] 3.6 Stock Index Futures - Basis: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from August 18 to August 22, 2025, are given. For example, the basis of CSI 300 on August 22 is - 16.00 [50] - Inter - period Spreads: The inter - period spreads of CSI 300, SSE 50, CSI 500, and CSI 1000, including next - month vs. current - month and next - quarter vs. current - quarter, are presented. For example, the next - month vs. current - month spread of CSI 300 is - 19.0 [52]