宝城期货品种套利数据日报-20250826

Report Overview - This is the Baocheng Futures Variety Arbitrage Data Daily Report for August 26, 2025, covering multiple commodity sectors including thermal coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures [1] Industry Investment Rating - Not provided in the report Core View - The report presents the basis, inter - month spreads, and inter - commodity spreads data of various commodities and stock index futures, which can help investors understand the price relationships and potential arbitrage opportunities in different markets Summary by Commodity Category 1. Thermal Coal - Basis data from August 19 - 25, 2025 shows that the basis on August 19 was - 99.4 yuan/ton, and from August 20 - 25 it was - 97.4 yuan/ton. The spreads of 5 - 1, 9 - 1, and 9 - 5 were all 0.0 during this period [2] 2. Energy Chemicals Energy Commodities - For fuel oil, INE crude oil, and the ratio of crude oil to asphalt, data on basis, ratio, etc. from August 19 - 25, 2025 are provided. For example, the basis of INE crude oil on August 25 was 91.81 yuan/ton [7] Chemical Commodities - Basis data of rubber, methanol, PTA, LLDPE, V, and PP from August 19 - 25, 2025 are given. For instance, the basis of rubber on August 25 was - 1055 yuan/ton. Inter - month spreads (5 - 1, 9 - 1, 9 - 5) and inter - commodity spreads (e.g., LLDPE - PVC) are also presented [9][11] 3. Black Metals - Inter - month spreads (5 - 1, 9(10) - 1, 9(10) - 5) of rebar, iron ore, coke, and coking coal are provided. For example, the 5 - 1 spread of rebar was 34.0 yuan/ton. Inter - commodity spreads (e.g., rebar/iron ore) and basis data from August 19 - 25, 2025 are also included [20][21] 4. Non - Ferrous Metals Domestic Market - Basis data of copper, aluminum, zinc, lead, nickel, and tin from August 19 - 25, 2025 are shown. For example, the basis of copper on August 25 was - 250 yuan/ton [28] London Market - Data on LME non - ferrous metals including LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss on August 22, 2025 are provided [35] 5. Agricultural Products - Basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, corn, etc. from August 19 - 25, 2025 are presented. Inter - month spreads (5 - 1, 9 - 1, 9 - 5) and inter - commodity spreads (e.g., soybeans No.1/corn) are also included [39] 6. Stock Index Futures - Basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from August 19 - 25, 2025 are provided. Inter - month spreads (next month - current month, next quarter - current quarter) are also given [51][53]