Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoint No explicit core viewpoint presented in the provided content. The report mainly offers the latest data on the basis of various futures products as of October 30, 2025, including spot prices, price changes, basis, corresponding contracts, and basis deviation degrees. 3. Summary by Category Macro - On October 30, 2025, the spot price of IF was 4710, down 38, with a basis of 20 for the 2512 contract and a basis deviation of 0.51 [2] - The spot price of IH was 3047, down 16, with a basis of 2 for the 2512 contract and a basis deviation of 0.17 [2] - The spot price of IC was 7386, down 95, with a basis of 87 for the 2512 contract and a basis deviation of 0.75 [2] Black - In Shanghai on October 30, 2025, the spot price of rebar was 3230, down 10, with a basis of 124 for the 2601 contract and a basis deviation of 0.48 [3] - In Beijing, the spot price of rebar was 3270, down 10, with a basis of 164 for the 2601 contract and a basis deviation of 0.39 [3] - In Shanghai, the spot price of hot - rolled coil was 3330, unchanged, with a basis of 12 for the 2601 contract and a basis deviation of 0.10 [3] - In Shandong, the spot price of ore was 848, down 5, with a basis of 46 and a basis deviation of 0.35 [3] - At Tianjin Port, the spot price of coke was 1710, unchanged, with a basis of - 77 for the 2601 contract and a basis deviation of - 0.50 [3] - For port warehouse receipts, the spot price of coking coal was 1662, up 34, with a basis of 374 for the 2601 contract and a basis deviation of 0.82 [3] - At Qinhuangdao Port, the spot price of steam coal was 766, unchanged, with a basis of - 35 for the 2511 contract and a basis deviation of - 0.17 [3] - For low - priced glass in Shahe, the spot price was 1113, unchanged, with a basis of 22 for the 2601 contract and a basis deviation of 0.26 [3] - For low - priced glass in Hubei, the spot price was 1040, unchanged, with a basis of - 51 for the 2601 contract and a basis deviation of - 0.08 [3] - In Yinchuan, the spot price of ferrosilicon was 5620, up 50, with a basis of - 50 for the 2601 contract and a basis deviation of - 0.46 [3] - In Inner Mongolia, the spot price of silicomanganese was 6080, up 30, with a basis of 138 for the 2601 contract and a basis deviation of 0.46 [3] Energy and Chemicals - For port methanol on October 30, 2025, the spot price was 2158, unchanged, with a basis of - 50 and a basis deviation of - 0.88 [3] - In Henan, the spot price of methanol was 2290, unchanged, with a basis of 82 for the 2601 contract and a basis deviation of 0.47 [3] - In southern Shandong, the spot price of methanol was 2455, unchanged, with a basis of 247 for the 2601 contract and a basis deviation of 0.79 [3] - In Hebei, the spot price of methanol was 2600, unchanged, with a basis of 392 for the 2601 contract and a basis deviation of 0.88 [3] - In East China, the spot price of PTA was 4498, down 60, with a basis of - 72 and a basis deviation of - 0.68 [3] - In East China, the spot price of PP was 6540, down 30, with a basis of - 111 and a basis deviation of - 0.87 [3] - In North China, the spot price of LLDPE was 6870, down 20, with a basis of - 98 and a basis deviation of - 0.58 [3] - For high - end PVC, the spot price was 4715, up 55, with a basis of - 90 and a basis deviation of 0.62 [3] - For low - end PVC, the spot price was 4645, up 65, with a basis of - 160 and a basis deviation of 0.72 [3] - In East China, the spot price of asphalt was 3500, unchanged, with a basis of 226 for the 2601 contract and a basis deviation of 0.33 [3] - In Shandong, the spot price of asphalt was 3270, down 10, with a basis of 96 for the 2601 contract and a basis deviation of 0.00 [3] - In South China, the spot price of asphalt was 3520, unchanged, with a basis of 266 for the 2601 contract and a basis deviation of 0.68 [3] - For domestic ethylene glycol, the spot price was 4112, down 59, with a basis of 80 and a basis deviation of 0.75 [3] - The spot price of soda ash was 1150, down 30, with a basis of - 85 for the 2601 contract and a basis deviation of - 0.62 [3] - In Shandong, the spot price of pulp was 4990, up 5, with a basis of - 234 for the 2601 contract and a basis deviation of - 0.87 [3] - In East China, the spot price of staple fiber was 6230, up 5, with a basis of 26 for the 2512 contract and a basis deviation of 0.36 [3] - The spot price of urea was 1520, unchanged, with a basis of - 107 for the 2601 contract and a basis deviation of - 0.83 [3] - In Shanghai, the spot price of natural rubber was 14900, down 80, with a basis of - 500 for the 2601 contract and a basis deviation of 0.46 [3] - For whole latex, the spot price of natural rubber was 14700, down 225, with a basis of - 700 for the 2601 contract and a basis deviation of 0.54 [3] - In Qingdao, the spot price of 20 - number rubber was 1845, down 20, with a basis of 594 for the 2512 contract and a basis deviation of 0.92 [3] - The spot price of styrene was 6395, down 80, with a basis of - 26 for the 2512 contract and a basis deviation of - 0.97 [3] Non - ferrous Metals - On October 30, 2025, the spot price of copper was 88050, up 280, with a basis of - 55 and a basis deviation of - 0.62 [4] - The spot price of international copper was 78450, up 385, with a basis of 120 for the 2511 contract and a basis deviation of 0.82 [4] - The spot price of aluminum was 21200, up 30, with a basis of - 10 and a basis deviation of 0.12 [4] - The spot price of zinc was 22250, down 40, with a basis of - 40 and a basis deviation of - 0.58 [4] - The spot price of lead was 17200, unchanged, with a basis of - 210 and a basis deviation of - 0.40 [4] - The spot price of nickel was 121450, up 250, with a basis of 400 and a basis deviation of 0.74 [4] - The spot price of tin was 284000, down 1200, with a basis of 400 and a basis deviation of 0.26 [4] Agricultural Products - In Jiangsu on October 30, 2025, the spot price of 43% soybean meal was 2940, up 10, with a basis of - 54 for the 2601 contract and a basis deviation of - 0.22 [5] - In Jiangsu, the spot price of first - grade soybean oil was 8400, up 60, with a basis of 232 for the 2601 contract and a basis deviation of - 0.15 [5] - For the average price of 36% rapeseed meal in Guangdong, the spot price was 2530, up 30, with a basis of 129 for the 2601 contract and a basis deviation of 0.88 [5] - For the market average price of rapeseed oil, the spot price was 10053, unchanged, with a basis of 524 for the 2601 contract and a basis deviation of 0.98 [5] - In Guangzhou, the spot price of 24° palm oil was 8690, unchanged, with a basis of - 138 for the 2601 contract and a basis deviation of - 0.97 [5] - Nationwide, the spot price of cotton was 14545, up 10, with a basis of 945 for the 2601 contract and a basis deviation of 0.41 [5] - In Guangxi, the spot price of white sugar was 5750, unchanged, with a basis of 278 for the 2601 contract and a basis deviation of - 0.09 [5] - In Yunnan, the spot price of white sugar was 5820, unchanged, with a basis of 348 for the 2601 contract and a basis deviation of 0.45 [5] - In Shijiazhuang, Hebei, the spot price of fresh eggs was 2960, unchanged, with a basis of - 197 for the 2512 contract and a basis deviation of - 0.58 [5] - In Dalian, Liaoning, the spot price of fresh eggs was 2890, unchanged, with a basis of - 267 for the 2512 contract and a basis deviation of - 0.61 [5] - In Dezhou, Shandong, the spot price of fresh eggs was 2650, unchanged, with a basis of - 507 for the 2512 contract and a basis deviation of - 0.76 [5] - In Shangqiu, Henan, the spot price of fresh eggs was 2700, unchanged, with a basis of - 457 for the 2512 contract and a basis deviation of - 0.78 [5] - In Bei'an, the spot price of soybeans was 4060, unchanged, with a basis of - 43 for the 2601 contract and a basis deviation of - 0.78 [5] - In Jiamusi, the spot price of soybeans was 4140, unchanged, with a basis of 37 for the 2601 contract and a basis deviation of - 0.43 [5] - In Changchun, the spot price of corn was 2240, unchanged, with a basis of 129 for the 2601 contract and a basis deviation of 0.62 [5] - In Weifang, the spot price of corn was 2350, unchanged, with a basis of 239 for the 2601 contract and a basis deviation of 0.55 [5] - In Changchun, the spot price of starch was 2580, unchanged, with a basis of 131 for the 2601 contract and a basis deviation of 0.41 [5] - In Weifang, the spot price of starch was 2605, unchanged, with a basis of 176 for the 2601 contract and a basis deviation of 0.62 [5] - In Kaifeng, Henan, the spot price of live pigs was 12560, down 50, with a basis of 680 for the 2601 contract and a basis deviation of - 0.27 [5] - In Hebei, the spot price of red dates was 9500, down 100, with a basis of - 725 for the 2601 contract and a basis deviation of - 0.10 [5] - In Shandong, the spot price of apples was 7400, unchanged, with a basis of - 1868 for the 2601 contract and a basis deviation of - 0.79 [5]
永安基差早报-20251031
Yong An Qi Huo·2025-10-31 09:36