永安基差早报-20251022

Report Information - The report is the Yong'an Basis Morning Report released by the Research Center on October 22, 2025 [1] Industry Investment Rating - Not provided in the report Core View - Not provided in the report Summary by Category Macro - IF had a spot price of 4608, a change of 70, a basis of 30, a corresponding contract of 2512, and a basis deviation of 0.74 on October 21, 2025 [2] - IH had a spot price of 3007, a change of 32, a basis of 2, a corresponding contract of 2512, and a basis deviation of 0.28 on October 21, 2025 [2] - IC had a spot price of 7186, a change of 116, a basis of 133, a corresponding contract of 2512, and a basis deviation of 0.92 on October 21, 2025 [2] Black - In Shanghai, rebar had a spot price of 3200, no change, a basis of 153, a corresponding contract of 2601, and a basis deviation of 0.83 on October 21, 2025 [3] - In Beijing, rebar had a spot price of 3190, no change, a basis of 143, a corresponding contract of 2601, and a basis deviation of 0.09 on October 21, 2025 [3] - In Shanghai, hot-rolled coil had a spot price of 3270, no change, a basis of 51, a corresponding contract of 2601, and a basis deviation of 0.77 on October 21, 2025 [3] - In Shandong, ore had a spot price of 824, no change, a basis of 54, a corresponding contract provided by a third - party, and a basis deviation of 0.46 on October 21, 2025 [3] - At Tianjin Port, coke had a spot price of 1656, no change, a basis of - 16, a corresponding contract of 2601, and a basis deviation of - 0.12 on October 21, 2025 [3] - For port warehouse receipts, coking coal had a spot price of 1583, a change of - 17, a basis of 406, a corresponding contract of 2601, and a basis deviation of 0.98 on October 21, 2025 [3] - At Qinhuangdao Port, thermal coal had a spot price of 759, a change of 6, a basis of - 42, a corresponding contract of 2511, and a basis deviation of - 0.25 on October 21, 2025 [3] - For low - price glass in Shahe, it had a spot price of 1111, a change of - 24, a basis of 24, a corresponding contract of 2601, and a basis deviation of 0.24 on October 21, 2025 [3] - For low - price glass in Hubei, it had a spot price of 1070, a change of - 20, a basis of - 17, a corresponding contract of 2601, and a basis deviation of 0.17 on October 21, 2025 [3] - In Yinchuan, ferrosilicon had a spot price of 5530, no change, a basis of - 64, a corresponding contract of 2601, and a basis deviation of - 0.60 on October 21, 2025 [3] - In Inner Mongolia, silicomanganese had a spot price of 6050, no change, a basis of 234, a corresponding contract of 2601, and a basis deviation of 0.84 on October 21, 2025 [3] Energy and Chemicals - At the port, methanol had a spot price of 2263, no change, a basis of - 5, a corresponding contract provided by a third - party, and a basis deviation of - 0.48 on October 21, 2025 [3] - In Henan, methanol had a spot price of 2325, a change of - 25, a basis of 57, a corresponding contract of 2601, and a basis deviation of 0.23 on October 21, 2025 [3] - In southern Shandong, methanol had a spot price of 2485, a change of - 15, a basis of 217, a corresponding contract of 2601, and a basis deviation of 0.59 on October 21, 2025 [3] - In Hebei, methanol had a spot price of 2785, a change of 155, a basis of 517, a corresponding contract of 2601, and a basis deviation of 0.98 on October 21, 2025 [3] - In East China, PTA had a spot price of 4327, a change of 28, a basis of - 87, a corresponding contract provided by a third - party, and a basis deviation of - 0.89 on October 21, 2025 [3] - In East China, PP had a spot price of 6510, a change of 20, a basis of - 73, a corresponding contract provided by a third - party, and a basis deviation of - 0.57 on October 21, 2025 [3] - In North China, LLDPE had a spot price of 6840, no change, a basis of - 43, a corresponding contract provided by a third - party, and a basis deviation of - 0.13 on October 21, 2025 [3] - For high - end PVC, it had a spot price of 4615, a change of - 15, a basis of - 90, a corresponding contract provided by a third - party, and a basis deviation of 0.65 on October 21, 2025 [3] - For low - end PVC, it had a spot price of 4545, a change of - 15, a basis of - 160, a corresponding contract provided by a third - party, and a basis deviation of 0.72 on October 21, 2025 [3] - In East China, asphalt had a spot price of 3500, a change of - 50, a basis of 343, a corresponding contract of 2601, and a basis deviation of 0.76 on October 21, 2025 [3] - In Shandong, asphalt had a spot price of 3320, a change of - 10, a basis of 243, a corresponding contract of 2601, and a basis deviation of 0.66 on October 21, 2025 [3] - In South China, asphalt had a spot price of 3500, no change, a basis of 343, a corresponding contract of 2601, and a basis deviation of 0.86 on October 21, 2025 [3] - For the domestic market of ethylene glycol, it had a spot price of 4078, a change of 1, a basis of 74, a corresponding contract provided by a third - party, and a basis deviation of 0.69 on October 21, 2025 [3] - For soda ash, it had a spot price of 1120, a change of - 10, a basis of - 90, a corresponding contract of 2601, and a basis deviation of - 0.67 on October 21, 2025 [3] - In Shandong, pulp had a spot price of 4970, a change of 10, a basis of - 200, a corresponding contract of 2601, and a basis deviation of - 0.76 on October 21, 2025 [3] - In East China, staple fiber had a spot price of 6105, a change of 30, a basis of 35, a corresponding contract of 2512, and a basis deviation of 0.46 on October 21, 2025 [3] - For urea, it had a spot price of 1490, no change, a basis of - 119, a corresponding contract of 2601, and a basis deviation of - 0.90 on October 21, 2025 [3] - In Shanghai, natural rubber had a spot price of 14800, a change of 290, a basis of - 350, a corresponding contract of 2601, and a basis deviation of 0.68 on October 21, 2025 [3] - For whole latex natural rubber, it had a spot price of 14450, a change of 340, a basis of - 700, a corresponding contract of 2601, and a basis deviation of 0.57 on October 21, 2025 [3] - In Qingdao, 20 - number rubber had a spot price of 1845, a change of 20, a basis of 780, a corresponding contract of 2512, and a basis deviation of 1.00 on October 21, 2025 [3] - For styrene, it had a spot price of 6445, a change of 75, a basis of 7, a corresponding contract of 2511, and a basis deviation of - 0.87 on October 21, 2025 [3] Non - ferrous Metals - On October 21, 2025, copper had a spot price of 85720, a change of 70, a basis of 60, a corresponding contract provided by a third - party, and a basis deviation of 0.22 [4] - On October 21, 2025, international copper had a spot price of 75910, a change of 120, a basis of - 50, a corresponding contract of 2511, and a basis deviation of 0.72 [4] - On October 21, 2025, aluminum had a spot price of 20970, a change of 40, a basis of 10, a corresponding contract provided by a third - party, and a basis deviation of 0.45 [4] - On October 21, 2025, zinc had a spot price of 21940, a change of 70, a basis of - 40, a corresponding contract provided by a third - party, and a basis deviation of - 0.60 [4] - On October 21, 2025, lead had a spot price of 17000, a change of 75, a basis of - 195, a corresponding contract provided by a third - party, and a basis deviation of - 0.25 [4] - On October 21, 2025, nickel had a spot price of 121700, a change of 400, a basis of 400, a corresponding contract provided by a third - party, and a basis deviation of 0.77 [4] - On October 21, 2025, tin had a spot price of 281300, a change of 1300, a basis of 430, a corresponding contract provided by a third - party, and a basis deviation of 0.25 [4] Agricultural Products - In Jiangsu, 43% soybean meal had a spot price of 2870, no change, a basis of - 19, a corresponding contract of 2601, and a basis deviation of - 0.06 on October 21, 2025 [5] - In Jiangsu, first - grade soybean oil had a spot price of 8550, a change of 10, a basis of 256, a corresponding contract of 2601, and a basis deviation of - 0.09 on October 21, 2025 [5] - The average price of 36% rapeseed meal in Guangdong had a spot price of 2450, a change of - 30, a basis of 129, a corresponding contract of 2601, and a basis deviation of 0.88 on October 21, 2025 [5] - The market average price of rapeseed oil had a spot price of 10400, a change of - 20, a basis of 536, a corresponding contract of 2601, and a basis deviation of 1.00 on October 21, 2025 [5] - In Guangzhou, 24° palm oil had a spot price of 9290, no change, a basis of - 4, a corresponding contract of 2601, and a basis deviation of - 0.66 on October 21, 2025 [5] - Nationwide, cotton had a spot price of 14530, a change of 50, a basis of 990, a corresponding contract of 2601, and a basis deviation of 0.51 on October 21, 2025 [5] - In Guangxi, white sugar had a spot price of 5770, no change, a basis of 332, a corresponding contract of 2601, and a basis deviation of 0.22 on October 21, 2025 [5] - In Yunnan, white sugar had a spot price of 5840, no change, a basis of 402, a corresponding contract of 2601, and a basis deviation of 0.55 on October 21, 2025 [5] - In Shijiazhuang, Hebei, fresh eggs had a spot price of 2780, a change of - 110, a basis of - 166, a corresponding contract of 2512, and a basis deviation of - 0.51 on October 21, 2025 [5] - In Dalian, Liaoning, fresh eggs had a spot price of 2710, a change of - 110, a basis of - 236, a corresponding contract of 2512, and a basis deviation of - 0.59 on October 21, 2025 [5] - In Dezhou, Shandong, fresh eggs had a spot price of 2650, a change of - 100, a basis of - 296, a corresponding contract of 2512, and a basis deviation of - 0.66 on October 21, 2025 [5] - In Shangqiu, Henan, fresh eggs had a spot price of 2700, a change of - 100, a basis of - 246, a corresponding contract of 2512, and a basis deviation of - 0.70 on October 21, 2025 [5] - In Bei'an, soybeans had a spot price of 4050, no change, a basis of - 11, a corresponding contract of 2601, and a basis deviation of - 0.68 on October 21, 2025 [5] - In Jiamusi, soybeans had a spot price of 4120, no change, a basis of 59, a corresponding contract of 2601, and a basis deviation of - 0.34 on October 21, 2025 [5] - In Changchun, corn had a spot price of 2240, no change, a basis of 96, a corresponding contract of 2601, and a basis deviation of 0.40 on October 21, 2025 [5] - In Weifang, corn had a spot price of 2360, no change, a basis of 216, a corresponding contract of 2601, and a basis deviation of 0.45 on October 21, 2025 [5] - In Changchun, starch had a spot price of 2580, no change, a basis of 121, a corresponding contract of 2601, and a basis deviation of 0.24 on October 21, 2025 [5] - In Weifang, starch had a spot price of 2605, no change,