Report Summary 1. Investment Rating - No investment rating for the industry is provided in the reports. 2. Core View - The reports present a comprehensive overview of price data for various commodities, including metals, agricultural products, energy, and chemical products, along with their corresponding futures prices, basis, basis rates, and historical quantiles. 3. Summary by Commodity Categories Metals - Ferrous Metals: - Silicon Manganese (SM601): The spot price is 2898 (converted price: 6517), and the futures price is 6020 with a basis of 172 and a basis rate of 68.10% [1]. - Rebar (RB2510): The spot price of HRB400 20mm in Shanghai is 3138, and the futures price has a change of 5.48% [1]. - Hot - Rolled Coil (HC2510): The spot price is 3389, and the futures price has a change of 7.49% [1]. - Iron Ore (I2601): The converted price of 62.5% Brazilian mixed powder at Rizhao Port is 846, and the futures price has a change of - 6.44% [1]. - Coke (J2601): The converted price of quasi - first - grade metallurgical coke at Rizhao Port has a change of 8.35%, and the futures price has a change of - 5.80% [1]. - Coking Coal (JM2601): The converted price of S1.3 G75 main coking coal (Meng 5) at Shaheyi is 1145, and the futures price has a change of - 71 [1]. - Non - Ferrous Metals: - Copper (CU2510): The SMM spot price is 79690 with a change of - 0.37%, and the futures price is 79395. The basis is 295 and the basis rate is 19.37% [1]. - Aluminum (AL2510): The SMM A00 aluminum average price is 20770, and the futures price is 20780 with a basis of 10 and a basis rate of 0.05% [1]. - Alumina (AO2601): The SMM weighted average price is 3242, and the futures price is 3184 with a change of - 0.69% [1]. - Zinc (ZN2510): The SMM 1 zinc ingot average price is 22395, and the futures price is 22240 with a basis of - 155 and a basis rate of 17.29% [1]. - Tin (SN2509): The SMM 1 tin average price is 269700, and the futures price is 269570 with a basis of 130 and a basis rate of 52.08% [1]. - Nickel (NI2510): The SMM 1 imported nickel average price is 120350, and the futures price is 120310 with a basis of 40 [1]. - Stainless Steel (SS2510): The price of 304/2B:21240C at Wuxi Hongwang is 13270, and the futures price is 12880 with a change of 3.03% [1]. - Lithium Carbonate (LC2511): The SMM battery - grade lithium carbonate average price is 82500, and the futures price is 79380 with a change of 3.93% [1]. - Industrial Silicon (SI2511): The SMM future oxygen - passing Si5530 average price is 9350, and the futures price is 8675 with a basis of 675 and a basis rate of 7.78% [1]. - Silicon Iron (SF511): The spot price is 5648 (converted price: 5680), and the futures price has a basis of - 32 and a basis rate of - 0.56% [4]. Agricultural Products - Soybean Meal (M2601): The ex - factory price of common protein soybean meal in Zhangjiagang, Jiangsu is 3117, and the futures price is 3010 with a change of 18.90% [1]. - Soybean Oil (V2601): The ex - factory price of grade 4 soybean oil in Zhangjiagang, Jiangsu is 8610, and the futures price is 8488 with a change of 1.44% [1]. - Palm Oil (P2601): The delivery price of palm oil at Huangpu Port is 9582, and the futures price has a change of 0.08% [1]. - Rapeseed Meal (RM601): The ex - factory price of common rapeseed meal in Zhanjiang, Guangdong is 2547, and the futures price is 2570 with a change of 0.90% [1]. - Rapeseed Oil (OI601): The ex - factory price of grade 4 rapeseed oil in Nantong, Jiangsu is 9891, and the futures price is 10010 with a change of 1.20% [1]. - Corn (C2511): The flat - hatch price of corn at Xizhou Port is 2260, and the futures price is 2154 with a change of 8.83% [1]. - Corn Starch (CS2511): The ex - factory price of corn starch in Changchun, Jilin is 2700, and the futures price is 2481 [1]. - Live Pigs (LH2511): The ex - factory price of live pigs (external ternary) in Henan is 13910, and the futures price is 13750 with a change of - 1.15% [1]. - Eggs (JD2510): The average price of eggs in Shijiazhuang, Hebei is 3160, and the futures price is 3021 with a change of 4.60% [1]. - Cotton (CF601): The arrival price of cotton (3128B) in Xinjiang is 15100, and the futures price is 14120 with a change of 6.94% [1]. - Sugar (SR601): The spot price of sugar at Liuzhou Station is 6030, and the futures price is 5688 [1]. - Apples (AP510): The delivery theoretical price of apples is 8600, and the futures price is 8141 with a change of 5.64% [1]. - Red Dates (CJ601): The wholesale price of first - grade grey dates in Hebei is 8300, and the futures price is 11410 with a change of - 27.26% [1]. Energy and Chemicals - P - Xylene (PX511): The spot price at China's main ports (CFR, converted to RMB) is 7037.3, and the futures price is 6970 with a basis of 67.3 and a basis rate of 0.97% [1]. - PTA (TA601): The market price (intermediate price) in East China is 4860, and the futures price is 4862 [1]. - Ethylene Glycol (EG2601): The market price (intermediate price) in East China is 4555, and the futures price is 4509 with a change of 1.02% [1]. - Polyester Staple Fiber (PF510): The market price (mainstream price) in the East China market is 6596, and the futures price is 6585 with a change of - 0.17% [1]. - Styrene (EB2510): The market price (spot benchmark price) in East China, China is 7330, and the futures price is 7355 with a change of 0.34% [1]. - Methanol (MA601): The market price (spot benchmark price) in Jiangsu, China is 2297.5, and the futures price is 2424 with a change of - 5.22% [1]. - Urea (UR601): The market price (mainstream price) in Shandong is 1745, and the futures price is 1700 with a change of 1.80% [1]. - LLDPE (L2601): The tax - included self - pick - up price (intermediate price) in Shandong is 7290, and the futures price is 7423 with a change of - 1.79% [1]. - PP (PP2601): The tax - included self - pick - up price (intermediate price) in Zhejiang is 7010, and the futures price is 7074 with a change of - 0.90% [1]. - PVC (V2601): The market price (mainstream price) in Changzhou, China is 4770, and the futures price is 5047 with a change of - 5.49% [1]. - Caustic Soda (SH601): The market price (mainstream price) in Shandong is 2732, and the futures price is 2687.5 with a change of 1.82% [1]. - LPG (PG2510): The market price in Guangzhou is 4528, and the futures price is 4447 [1]. - Asphalt (BU2510): The market price (heavy - traffic asphalt) in Shandong is 3520, and the futures price is 3512 with a change of 0.23% [1]. - Butadiene Rubber (BR2510): The distribution price of cis - butadiene rubber (Daqing, BR9000) in East China is 11900, and the futures price is 12010 with a change of - 0.92% [1]. - Glass (FG601): The market price of 5mm large - plate glass in Shahe is 1191, and the futures price is 1044 with a change of - 14.08% [1]. - Soda Ash (SA601): The market price of heavy - grade soda ash in Shahe is 1226, and the futures price is 1337 with a change of 5.46% [1]. - Natural Rubber (RU2601): The market price of natural rubber (Yunnan state - owned whole latex) in Shanghai is 15905, and the futures price is 14850 with a change of - 7.10% [1]. Financial Futures - Stock Index Futures: - IF2509.CFE: The spot price is 4469.2, and the futures price is 4474.6 with a basis of 5.4 and a basis rate of 0.12% [1]. - IH2509.CFE: The spot price is 2992, and the futures price is 2989.9 with a basis of 2.1 and a basis rate of 0.07% [1]. - IC2509.CFE: The spot price is 6951.9, and the futures price is 6909.6 with a basis of - 42.3 and a basis rate of - 0.61% [1]. - IM2509.CFE: The spot price is 7477.7, and the futures price is 7412.2 with a basis of - 65.5 and a basis rate of - 0.88% [1]. - Treasury Bond Futures: - 2 - Year Treasury Bond (TS2512): The spot price is 102.39, and the futures price is 102.36 with a basis of - 0.03 and a basis rate of - 0.03% [1]. - 5 - Year Treasury Bond (TF2512): The spot price is 105.52, and the futures price is 105.1 with a basis of 0.42 [1]. - 10 - Year Treasury Bond (T2512): The spot price is 107.93, and the futures price is 105.73 with a basis of 0.39% [1]. - 30 - Year Treasury Bond (TL2512): The spot price is 132.45, and the futures price is 116.72 with a basis of 0.77% [1].
全品种价差日报-20250826
Guang Fa Qi Huo·2025-08-26 05:04