全品种价差日报-20251024

Report Date - The report is dated October 24, 2025 [3] Commodity Price Information Ferrous Metals - 72-silicon iron qualified blocks (Inner Mongolia - Tianjin warehouse receipt) have a conversion price of 5574, a change of 0.07%, and a historical quantile of 57.70%. The futures price of silicon iron (SF601) is 5578, with a change of 4 and a change rate of 2.27% [1] - The conversion price of 6517-silicon manganese (Inner Mongolia - Hubei warehouse receipt) is up 49.60%. The futures price of silicon manganese (SM601) is 5950, and the spot price is 5818 [1] - HRB400 20mm rebar in Shanghai has a spot price of 3220, a change of 4.85%, and a historical quantile of 63.10%. The futures price of rebar (RB2601) is 3071, with a basis of 149 and a basis rate of 4.85% [1] - Q235B 4.75mm hot-rolled coil in Shanghai has a spot price of 3300, a change of 1.35%, and a historical quantile of 37.30%. The futures price of hot-rolled coil (HC2601) is 3256, with a basis of 44 and a basis rate of 1.35% [1] - The conversion price of 62.5% Brazilian mixed powder (BRBF) from Vale at Rizhao Port is 777, a change of 7.90%, and a historical quantile of 49.70%. The futures price of iron ore (I2601) is 838, with a change of -122 and a change rate of -6.91% [1] - The conversion price of quasi-primary metallurgical coke (A13, S0.7, CSR60, MT7) at Rizhao Port is up 5.83%. The futures price of coke (J2601) is 1646, and the spot price is 1768, with a basis of -122 and a basis rate of -6.91% [1] - The conversion price of S1.3 G75 main coking coal (Meng 5) at Shaheyi is up 4.73%. The futures price of coking coal (JM2601) is 1318, and the spot price is 1259, with a basis of 59 and a basis rate of 4.73% [1] Non-ferrous Metals - The SMM average price of copper has a change of -0.67%. The futures price of copper (CU2512) is 86070, and the spot price is 85490, with a basis of 580 and a basis rate of 0.68% [1] - The SMM average price of A00 aluminum has a change of -125 (-0.59%). The futures price of aluminum (AL2512) is 21165, and the spot price is 21040, with a basis of -125 and a basis rate of -0.59% [1] - The SMM average price of alumina has a change of -315 (-1.41%). The futures price of alumina (AO2601) is 22345, and the spot price is 22030, with a basis of 315 and a basis rate of 1.43% [1] - The SMM average price of 1 zinc ingot has a change of -55 (-0.44%). The futures price of zinc (ZN2512) is 22345, and the spot price is 22030, with a basis of 315 and a basis rate of 1.41% [1] - The SMM average price of 1 tin has a change of 300. The futures price of tin (SN2512) is 281230, and the spot price is 280000, with a basis of -1230 and a basis rate of -0.44% [1] - The SMM average price of 1 imported nickel has a change of -0.07%. The futures price of nickel (NI2512) is 121380, and the spot price is 121300, with a basis of 80 and a basis rate of 0.07% [1] - The price of 304/2B stainless steel (21240C, including trimming fee) in Wuxi Hongwang has a change of 405. The futures price of stainless steel (SS2512) is 13170, and the spot price is 12765, with a basis of 405 and a basis rate of 3.17% [1] - The price of battery-grade lithium carbonate has a change of -5140 (-6.48%). The futures price of lithium carbonate (LC2601) is 74800, and the spot price is 79940, with a basis of -5140 and a basis rate of -6.48% [1] Precious Metals - The price of gold (AU2512) has a change of -2.1 (-0.28%). The futures price is 942.3, and the spot price of Shanghai Gold Exchange's gold (T+D) is 940.1, with a basis of -2.2 and a basis rate of -0.23% [1] - The price of silver (AG2512) has a change of -4.0. The futures price is 11467.0, and the spot price of Shanghai Gold Exchange's silver (T+D) is 11463.0, with a basis of -4.0 and a basis rate of -0.04% [1] Agricultural Products - The price of soybean meal (M2601) has a change of -1.97%. The futures price is 2880, and the spot price of ordinary protein soybean meal in Jiangsu Zhangjiagang is 2938.0, with a basis of 58.0 and a basis rate of 1.98% [1] - The price of soybean oil (Y2601) has a change of -1.34%. The futures price is 8340, and the spot price of fourth-grade soybean oil in Jiangsu Zhangjiagang is 8188.0, with a basis of -152.0 and a basis rate of -1.82% [1] - The price of palm oil (P2601) has a change of -122.0. The futures price is 9010, and the spot price of palm oil at Huangpu Port is 9132.0, with a basis of -122.0 and a basis rate of -1.34% [1] - The price of rapeseed meal (RM601) has a change of 3.11%. The futures price is 2339.0, and the spot price of ordinary rapeseed meal in Guangdong Zhanjiang is 2470, with a basis of 131.0 and a basis rate of 5.52% [1] - The price of rapeseed oil (OI601) has a change of 303.0. The futures price is 10060, and the spot price of fourth-grade rapeseed oil in Jiangsu Nantong is 9757.0, with a basis of 303.0 and a basis rate of 3.11% [1] - The price of corn (C2601) has a change of 20.0. The futures price is 2140.0, and the spot price of corn at Jinzhou Port is 2160, with a basis of 20.0 and a basis rate of 0.93% [1] - The price of corn starch (CS2601) has a change of 100.0. The futures price is 2450.0, and the spot price of corn starch in Jilin Changchun is 2550, with a basis of 100.0 and a basis rate of 4.08% [1] - The price of live pigs (LH2601) has a change of -350.0. The futures price is 11850, and the spot price of live pigs (outer ternary) in Henan is 12200.0, with a basis of -350.0 and a basis rate of -2.87% [1] - The price of eggs (JD2512) has a change of -157.0. The futures price is 2870, and the spot price of eggs in Hebei Shijiazhuang is 3027.0, with a basis of -157.0 and a basis rate of -5.19% [1] - The price of cotton (CF601) has a change of 1077.0. The futures price is 14652, and the spot price of cotton (3128B) in Xinjiang is 13575.0, with a basis of 1077.0 and a basis rate of 7.93% [1] - The price of white sugar (SR601) has a change of 333.0. The futures price is 5457.0, and the spot price of white sugar at Liuzhou Station is 5790, with a basis of 333.0 and a basis rate of 6.10% [1] - The price of apples (AP601) has a change of 10.0. The futures price is 8840, and the spot price of apples (delivery theoretical price) is 8830.0, with a basis of 10.0 and a basis rate of 0.11% [1] - The price of red dates (CJ601) has a change of -1565.0. The futures price is 9600, and the spot price of first-grade grey dates in Hebei is 11165.0, with a basis of -1565.0 and a basis rate of -14.02% [1] Energy and Chemicals - The price of paraxylene (PX601) has a change of 161.0. The futures price is 6657.0, and the spot price of paraxylene at Chinese main ports (CFR, converted to RMB) is 6496.0, with a basis of 161.0 and a basis rate of 2.48% [1] - The price of purified terephthalic acid (PTA) (TA601) has a change of -78.0. The futures price is 4430.0, and the spot price of PTA in East China is 4508.0, with a basis of -78.0 and a basis rate of -1.73% [1] - The price of ethylene glycol (EG2601) has a change of 100.0. The futures price is 4195.0, and the spot price of ethylene glycol in East China is 4095.0, with a basis of 100.0 and a basis rate of 2.44% [1] - The price of polyester staple fiber (PF512) has a change of 155.0. The futures price is 6160.0, and the spot price of polyester staple fiber (1.4D*38mm, direct spinning) in East China is 6315.0, with a basis of 155.0 and a basis rate of 2.45% [1] - The price of styrene (EB2512) has a change of 40.0. The futures price is 6545.0, and the spot price of styrene in East China is 6585.0, with a basis of -40.0 and a basis rate of -0.61% [1] - The price of methanol (MA601) has a change of -42.0. The futures price is 2292.0, and the spot price of methanol in Jiangsu Taicang is 2250.0, with a basis of 42.0 and a basis rate of 1.87% [1] - The price of urea (UR601) has a change of -88.0. The futures price is 1550.0, and the spot price of urea (small granules) in Shandong is 1638.0, with a basis of -88.0 and a basis rate of -5.37% [1] - The price of linear low-density polyethylene (LLDPE) (L2601) has a change of 1.0. The futures price is 6999.0, and the spot price of LLDPE (film grade) in Shandong is 7000.0, with a basis of 1.0 and a basis rate of 0.01% [1] - The price of polypropylene (PP) (PP2601) has a change of -101.0. The futures price is 6691.0, and the spot price of PP (拉丝级, melt index 2 - 4) in Zhejiang is 6590.0, with a basis of 101.0 and a basis rate of 1.53% [1] - The price of polyvinyl chloride (PVC) (V2601) has a change of -120.0. The futures price is 4610.0, and the spot price of PVC (SG - 5) in Changzhou is 4730.0, with a basis of -120.0 and a basis rate of -2.54% [1] - The price of caustic soda (SH601) has a change of 178.0. The futures price is 2385.0, and the spot price of caustic soda (32% ion - membrane caustic soda, converted to 100%) in Shandong is 2563.0, with a basis of 178.0 and a basis rate of 7.47% [1] - The price of liquefied petroleum gas (LPG) (PG2512) has a change of 162.0. The futures price is 4236.0, and the spot price of LPG in Guangzhou is 4398.0, with a basis of -162.0 and a basis rate of -3.68% [1] - The price of asphalt (BU2601) has a change of 63.0. The futures price is 3277.0, and the spot price of asphalt (heavy - traffic asphalt) in Shandong is 3340.0, with a basis of 63.0 and a basis rate of 1.92% [1] - The price of butadiene rubber (BR2512) has a change of 80.0. The futures price is 11200.0, and the spot price of butadiene rubber (Daqing, BR9000) in China is 11120.0, with a basis of 80.0 and a basis rate of 0.72% [1] - The price of float glass (FG601) has a change of -68.0. The futures price is 1040.0, and the spot price of 5mm float glass in Shahe is 1108.0, with a basis of -68.0 and a basis rate of -6.14% [1] - The price of soda ash (SA601) has a change of -50.0. The futures price is 1185.0, and the spot price of heavy - quality soda ash in Shahe is 1235.0, with a basis of -50.0 and a basis rate of -4.05% [1] - The price of natural rubber (RU2601) has a change of -695.0. The futures price is 14550.0, and the spot price of natural rubber (Yunnan state - owned full - latex) in Shanghai is 15245.0, with a basis of -695.0 and a basis rate of -4.56% [1] Stock Index Futures and Bond Futures - The price of IF2512.CFE has a change of -25.5 (-0.55%). The futures price is 4606.3, and the basis is -3.1, with a basis rate of -0.10% [1] - The price of IH2512.CFE has a change