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光期黑色：铁矿石基差及价差监测日报-20250905
Guang Da Qi Huo·2025-09-05 05:04

Group 1: Report Overview - Report Title: "Light Period Black: Iron Ore Basis and Spread Monitoring Daily Report" [1] - Date: September 5, 2025 [1] Group 2: Contract Spreads - I05 closed at 767.5 yuan/ton, up 13.0 yuan from the previous day; I09 closed at 831.0 yuan/ton, up 18.0 yuan; I01 closed at 791.5 yuan/ton, up 14.5 yuan [3] - The spread of I05 - I09 was -63.5 yuan/ton, down 5.0 yuan; I09 - I01 was 39.5 yuan/ton, up 3.5 yuan; I01 - I05 was 24.0 yuan/ton, up 1.5 yuan [3] Group 3: Basis 3.1 Basis Data - The basis of various iron ore varieties changed. For example, the basis of Carajás fines was 62 yuan/ton, down 7 yuan; BRBF was 45 yuan/ton, down 6 yuan; Newman fines was 27 yuan/ton, down 4 yuan [6] 3.2 Basis Chart - There are charts showing the basis of different iron ore types such as Brazilian fines, Australian medium - grade fines, Australian low - grade fines, and domestic ores [8][9][10] Group 4: Exchange Rule Changes - Since December 2, the main iron ore contract has been I2205. Four new deliverable varieties (Benxi Iron Concentrate, IOC6, KUMBA, Ukrainian Iron Concentrate) were added with brand premiums of 0, effective from the I2202 contract [11] - Brand premiums of existing varieties were adjusted. Only PB fines, BRBF, and Carajás fines have a brand premium of 15 yuan/ton, and others are 0 [11] - Quality difference and premium rules for substitutes were modified, including adjusting the allowable range of iron grade and other element indicators and introducing a dynamic adjustment mechanism for iron element premium [11] - Four more deliverable brands (Taigang Iron Concentrate, Magang Iron Concentrate, Minmetals Standard Fines, SP10 Fines) were added with brand premiums of 0, applicable to I2312 and subsequent contracts [11] Group 5: Variety Spreads 5.1 Variety Spread Data - The spread of PB lump - PB fines was 142.0 yuan/ton, down 2.0 yuan; PB fines - mixed fines was 60.0 yuan/ton, down 3.0 yuan; etc. [13] 5.2 Variety Spread Charts - There are multiple charts showing different variety spreads such as lump - powder spreads, high - medium grade powder spreads, medium - low grade powder spreads, etc. [14][16][18][21][22] Group 6: Research Team - The black research team includes Qiu Yuecheng, Zhang Xiaojin, Liu Xi, and Zhang Chunjie, with rich industry experience and professional qualifications [25]