宝城期货品种套利数据日报-20250903

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report The report is a daily arbitrage data report for various futures varieties of Baocheng Futures on September 3, 2025, presenting the basis, inter - period, and inter - variety data of different commodities including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures. 3. Summary by Commodity Category Power Coal - Basis data from August 27 to September 2, 2025, shows that the basis has been negative and gradually decreasing, from - 108.4 yuan/ton on August 27 to - 117.4 yuan/ton on September 2. The 5 - 1, 9 - 1, and 9 - 5 spreads are all 0.0 [1][2] Energy Chemicals - Energy Commodities: Basis data of fuel oil, INE crude oil, and crude oil/asphalt from August 27 to September 2, 2025, along with their ratios are presented. For example, on September 2, the basis of INE crude oil is 21.11 yuan/ton, and the ratio of crude oil/asphalt is 0.1378 [7] - Chemical Commodities - Basis: Basis data of rubber, methanol, PTA, LLDPE, V, and PP from August 27 to September 2, 2025, are provided. For instance, the basis of rubber on September 2 is - 870 yuan/ton [9] - Inter - period: Inter - period spreads (5 - 1, 9 - 1, 9 - 5) of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are given. For example, the 5 - 1 spread of rubber is 100 yuan/ton [10] - Inter - variety: Inter - variety spreads of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3*methanol from August 27 to September 2, 2025, are shown. On September 2, the LLDPE - PVC spread is 2369 yuan/ton [10] Black Metals - Inter - period: Inter - period spreads (5 - 1, 9(10) - 1, 9(10) - 5) of rebar, iron ore, coke, and coking coal are presented. For example, the 5 - 1 spread of rebar is 52.0 yuan/ton [19] - Inter - variety: Inter - variety spreads of rebar/iron ore, rebar/coke, coke/coking coal, and rebar - hot rolled coil from August 27 to September 2, 2025, are provided. On September 2, the rebar/iron ore ratio is 4.04 [19] - Basis: Basis data of rebar, iron ore, coke, and coking coal from August 27 to September 2, 2025, are given. On September 2, the basis of rebar is 103.0 yuan/ton [20] Non - Ferrous Metals - Domestic Market: Basis data of copper, aluminum, zinc, lead, nickel, and tin from August 27 to September 2, 2025, are provided. On September 2, the basis of copper is 410 yuan/ton [26][27] - London Market: 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 September 2, 2025, are presented. For example, the LME spread of copper is (69.58) [35] Agricultural Products - Basis: Basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, corn, etc., from August 27 to September 2, 2025, are given. On September 2, the basis of soybeans No.1 is 90 yuan/ton [41] - Inter - period: Inter - period spreads (5 - 1, 9 - 1, 9 - 5) of various agricultural products are provided. For example, the 5 - 1 spread of soybeans No.1 is 47 yuan/ton [41] - Inter - variety: Inter - variety spreads of soybeans No.1/corn, soybeans No.2/corn, soybean oil/soybean meal, etc., from August 27 to September 2, 2025, are shown. On September 2, the soybean oil/soybean meal ratio is 2.74 [41] Stock Index Futures - Basis: Basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from August 27 to September 2, 2025, are presented. On September 2, the basis of CSI 300 is 9.25 [53] - Inter - period: Inter - period spreads (next month - current month, next quarter - current quarter) of CSI 300, SSE 50, CSI 500, and CSI 1000 are given. For example, the next month - current month spread of CSI 300 is - 6.2 [53]