全品种价差日报-20250828

Report Overview - Report Date: August 28, 2025 [3] - Report Type: Full Variety Spread Daily Report [3] Commodity Market Analysis Ferrous Metals - Silicon Iron (SF51): The spot price is 5698, the futures price is 5634, with a basis of 64 and a basis rate of 1.14%, and a historical quantile of 57.50% [1] - Silicon Manganese (SM601): The spot price is 6020, the futures price is 5832, with a basis of 188 [1] - Rebar (RB2510): The spot price of HRB400 20mm in Shanghai is 3290, the futures price is 3111, with a basis of 179 and a basis rate of 5.75%, and a historical quantile of 69.00% [1] - Hot - Rolled Coil (HC2510): The spot price is 3380, the futures price is 3349, with a basis of 31 and a basis rate of 0.93%, and a historical quantile of 30.60% [1] - Iron Ore (I2601): The spot price of 62.5% Brazilian mixed powder at Rizhao Port is 831, the futures price is 776, with a basis of 55 and a basis rate of 7.14%, and a historical quantile of 46.40% [1] - Coke (J2601): The spot price of quasi - first - grade metallurgical coke at Rizhao Port is 1670, the futures price is 1646, with a basis of 24 and a basis rate of 1.42%, and a historical quantile of 44.63% [1] - Coking Coal (JM2601): The spot price of S1.3 G75 main coking coal at Shaheyi is 1154, the futures price is 1145, with a basis of 9 and a basis rate of 0.78%, and a historical quantile of 22.60% [1] Non - Ferrous Metals - Copper (CU2510): The spot price of 5MM electrolytic copper is 79545, the futures price is 79190, with a basis of 355 and a basis rate of 0.45%, and a historical quantile of 79.16% [1] - Aluminum (AL2510): The spot price of SMM A00 aluminum is 20840, the futures price is 20810, with a basis of 30 and a basis rate of 0.14%, and a historical quantile of 60.83% [1] - Alumina (AO2601): The spot price of SMM heavy - chemical alumina modulus is 3233, the futures price is 3046, with a basis of 187 and a basis rate of 6.14%, and a historical quantile of 75.33% [1] - Zinc (ZN2510): The spot price of SMM 1 zinc ingot is 22310, the futures price is 22200, with a basis of 110 and a basis rate of 0.49%, and a historical quantile of 26.45% [1] - Tin (SN2510): The spot price of SMM 1 tin is 272000, the futures price is 271790, with a basis of 210 and a basis rate of 0.08%, and a historical quantile of 54.79% [1] - Nickel (NI2510): The spot price of SMM 1 imported nickel is 122300, the futures price is 121760, with a basis of 540 and a basis rate of 0.44%, and a historical quantile of 81.66% [1] - Stainless Steel (SS2510): The spot price of 304/2B:21240C in Wuxi Hongwang is 13270, the futures price is 12850, with a basis of 420 and a basis rate of 3.27%, and a historical quantile of 80.47% [1] - Lithium Carbonate (LC2511): The spot price of SMM battery - grade lithium carbonate is 81600, the futures price is 78860, with a basis of 2740 and a basis rate of 3.47%, and a historical quantile of 84.80% [1] - Industrial Silicon (212511): The spot price of SMM industrial silicon is 9300, the futures price is 8555, with a basis of 775 and a basis rate of 9.09%, and a historical quantile of 52.58% [1] Precious Metals - Gold (AU2510): The spot price of Shanghai Gold Exchange's gold (AU (T + D)) is 781.2, the futures price is 777.6, with a basis of - 3.5 and a basis rate of - 0.45%, and a historical quantile of 15.50% [1] - Silver (AG2510): The spot price of Shanghai Gold Exchange's silver (AG (T + D)) is 9305.0, the futures price is 9261.0, with a basis of - 44.0 and a basis rate of - 0.47%, and a historical quantile of 10.10% [1] Agricultural Products - Soybean Meal (M2601): The spot price of common protein soybean meal in Zhangjiagang, Jiangsu is 3081.0, the futures price is 2980, with a basis of 101.0 and a basis rate of 3.47%, and a historical quantile of 22.60% [1] - Soybean Oil (V2601): The spot price of grade - four soybean oil in Zhangjiagang, Jiangsu is 8530, the futures price is 8456.0, with a basis of 74.0 and a basis rate of 0.88%, and a historical quantile of 22.50% [1] - Palm Oil (P2601): The spot price of palm oil at Huangpu Port is 9510, the futures price is 9500.0, with a basis of 10.0 and a basis rate of 0.11%, and a historical quantile of 12.90% [1] - Rapeseed Meal (RM601): The spot price of common rapeseed meal in Zhanjiang, Guangdong is 2560, the futures price is 2526.0, with a basis of 34.0 and a basis rate of 1.35%, and a historical quantile of 52.80% [1] - Rapeseed Oil (OI601): The spot price of grade - four rapeseed oil in Nantong, Jiangsu is 9970, the futures price is 9821.0, with a basis of 149.0 and a basis rate of 1.52%, and a historical quantile of 69.30% [1] - Corn (C2511): The spot price of corn at Jinzhou Port is 2260, the futures price is 2158.0, with a basis of 102.0 and a basis rate of 4.73%, and a historical quantile of 90.30% [1] - Corn Starch (CS2511): The spot price of corn starch in Changchun, Jilin is 2660, the futures price is 2475.0, with a basis of 185.0 and a basis rate of 7.47%, and a historical quantile of 83.90% [1] - Live Pigs (H2511): The spot price of live pigs (external ternary) in Henan is 13750, the futures price is 13860.0, with a basis of - 110.0 and a basis rate of - 0.79%, and a historical quantile of 38.40% [1] - Eggs (JD2510): The spot price of eggs in Shijiazhuang, Hebei is 3013.0, the futures price is 3380, with a basis of 367.0 and a basis rate of 12.18%, and a historical quantile of 52.70% [1] - Cotton (CF601): The spot price of cotton (3128B) in Xinjiang is 15249, the futures price is 14100.0, with a basis of 1149.0 and a basis rate of 8.15%, and a historical quantile of 76.70% [1] - Sugar (SR601): The spot price of white sugar at Liuzhou Station is 6020, the futures price is 5632.0, with a basis of 388.0 and a basis rate of 6.89%, and a historical quantile of 73.90% [1] - Apples (AP510): The spot price of apples (delivery theoretical price) is 8600, the futures price is 8124.0, with a basis of 476.0 and a basis rate of 5.86%, and a historical quantile of 39.20% [1] - Red Dates (CJ601): The spot price of first - grade grey dates in Hebei is 8300, the futures price is 11410.0, with a basis of - 3110.0 and a basis rate of - 27.26%, and a historical quantile of 4.90% [1] Energy and Chemicals - Paraxylene (PX511): The spot price of paraxylene at Chinese main ports is 6999.3, the futures price is 6940.0, with a basis of 59.3 and a basis rate of 0.85%, and a historical quantile of 41.90% [1] - PTA (TA601): The spot price of PTA in East China is 4824.0, the futures price is 4805.0, with a basis of - 19.0 and a basis rate of - 0.39%, and a historical quantile of 45.10% [1] - Ethylene Glycol (EG2601): The spot price of ethylene glycol in East China is 4540.0, the futures price is 4481.0, with a basis of 59.0 and a basis rate of 1.32%, and a historical quantile of 80.90% [1] - Polyester Staple Fiber (PF510): The spot price of polyester staple fiber in East China is 6590.0, the futures price is 6572.0, with a basis of 18.0 and a basis rate of 0.27%, and a historical quantile of 50.70% [1] - Styrene (EB2510): The spot price of styrene in East China is 7325.0, the futures price is 7170.0, with a basis of 155.0 and a basis rate of 2.16%, and a historical quantile of 57.70% [1] - Methanol (MA601): The spot price of methanol in Jiangsu, China is 2372.0, the futures price is 2250.0, with a basis of - 122.0 and a basis rate of - 5.14%, and a historical quantile of 7.70% [1] - Urea (UR601): The spot price of urea in Shandong is 1737.0, the futures price is 1700.0, with a basis of - 37.0 and a basis rate of - 2.13%, and a historical quantile of 5.10% [1] - LLDPE (L2601): The spot price of LLDPE in Shandong is 7364.0, the futures price is 7325.0, with a basis of - 39.0 and a basis rate of - 0.53%, and a historical quantile of 11.40% [1] - PP (PP2601): The spot price of PP in Zhejiang is 7050.0, the futures price is 7021.0, with a basis of 29.0 and a basis rate of 0.41%, and a historical quantile of 30.80% [1] - PVC (V2601): The spot price of PVC in Changzhou, China is 4949.0, the futures price is 4750.0, with a basis of - 199.0 and a basis rate of - 4.02%, and a historical quantile of 27.00% [1] - Caustic Soda (SH601): The spot price of caustic soda in Shandong is 2718.8, the futures price is 2699.0, with a basis of 19.8 and a basis rate of 0.73%, and a historical quantile of 50.80% [1] - LPG (PG2510): The spot price of LPG in Guangzhou is 4608.0, the futures price is 4408.0, with a basis of 200.0 and a basis rate of 4.54%, and a historical quantile of 42.40% [1] - Asphalt (BU2510): The spot price of asphalt in Shandong is 3540.0, the futures price is 3471.0, with a basis of 69.0 and a basis rate of 1.99%, and a historical quantile of 65.70% [1] - Butadiene Rubber (BR2510): The spot price of butadiene rubber in China is 12100.0, the futures price is 11710.0, with a basis of 390.0 and a basis rate of 3.33%, and a historical quantile of 70.20% [1] - Glass (FG601): The spot price of 5mm glass in Shahe is 1175.0, the futures price is 1040.0, with a basis of 135.0 and a basis rate of - 12.98%, and a historical quantile of 17.64% [1] - Soda Ash (SA601): The spot price of heavy - quality soda ash in Shahe is 1307.0, the futures price is 1205.0, with a basis of - 102.0 and a basis rate of - 5.77%, and a historical quantile of 42.08% [1] - Natural Rubber (RU2601): The spot price of natural rubber in Shanghai is 15760.0, the futures price is 14900.0, with a basis of 860.0 and a basis rate of - 8.46%, and a historical quantile of 31.80% [1] Financial Futures - Stock Index Futures - IF2509.CFF: The spot price is 4384.0, the futures price is 4386.1, with a basis of 2.1 and a basis rate of 0.05%, and a historical quantile of 56.00% [1] - IH2509.CFE: The spot price is 2920.2, the futures price is 2918.4, with a basis of - 1.8 and a basis rate of - 0.06%, and a historical quantile of 67.60% [1] - IC2509.CFE: The spot