全品种价差日报-20251106

Report Overview - Report Title: Full Variety Spread Daily Report [4] - Report Date: November 6, 2025 [3] - Data Sources: Wind, Mysteel, GF Futures Research Institute [5] Industry Investment Rating - Not provided in the document Core Viewpoints - Not provided in the document Summary by Commodity Category Ferrous Metals - Silicon Iron (SF601): Spot price 5578, futures price 5560, basis 18, basis rate 0.32%, historical quantile 58.50% [1] - Silicon Manganese (SM601): Spot price 5890, futures price 5776, basis 114, basis rate 1.97%, historical quantile 47.00% [1] - Rebar (RB2601): Spot price 3180, futures price 3024, basis 156, basis rate 5.16%, historical quantile 65.00% [1] - Hot Rolled Coil (HC2601): Spot price 3270, futures price 3253, basis 17, basis rate 0.52%, historical quantile 24.40% [1] - Iron Ore (I2601): Spot price 844, futures price 776, basis 68, basis rate 8.74%, historical quantile 53.50% [1] - Coke (J2601): Spot price 1732, futures price 1753, basis -21, basis rate -1.18%, historical quantile 51.26% [1] - Coking Coal (JM2601): Spot price 1369, futures price 1269, basis 101, basis rate 7.92%, historical quantile 52.20% [1] Non - Ferrous Metals - Copper (CU2512): Spot price 85335, futures price 85670, basis -335, basis rate -0.30%, historical quantile 18.12% [1] - Aluminum (AL2512): Spot price 21300, futures price 21395, basis -95, basis rate -0.44%, historical quantile 23.54% [1] - Alumina (AO2601): Spot price 2862, futures price 2772, basis 90, basis rate 3.26%, historical quantile 52.42% [1] - Zinc (ZN2512): Spot price 22430, futures price 22650, basis -220, basis rate -0.97%, historical quantile 11.04% [1] - Tin (SN2512): Spot price 281300, futures price 282090, basis -790, basis rate -0.28%, historical quantile 25.20% [1] - Nickel (NI2512): Spot price 119950, futures price 120030, basis -80, basis rate -0.07%, historical quantile 48.95% [1] - Stainless Steel (SS2512): Spot price 12970, futures price 12535, basis 435, basis rate 3.47%, historical quantile 83.04% [1] - Lithium Carbonate (LC2601): Spot price 80500, futures price 79140, basis 1360, basis rate 1.72%, historical quantile 79.29% [1] - Industrial Silicon (SI2601): Spot price 9450, futures price 9020, basis 430, basis rate 4.77%, historical quantile 30.30% [1] Precious Metals - Gold (AU2512): Spot price 909.5, futures price 912.3, basis -2.7, basis rate -0.30%, historical quantile 26.30% [1] - Silver (AG2512): Spot price 11240.0, futures price 11276.0, basis -36.0, basis rate -0.32%, historical quantile 21.40% [1] Agricultural Products - Soybean Meal (M2601): Spot price 2980, futures price 3073.0, basis -93.0, basis rate -3.03%, historical quantile 21.20% [1] - Soybean Oil (Y2601): Spot price 8320, futures price 8138.0, basis 182.0, basis rate 2.24%, historical quantile 36.60% [1] - Palm Oil (P2601): Spot price 8510, futures price 8590.0, basis -80.0, basis rate -0.93%, historical quantile 7.60% [1] - Rapeseed Meal (RM601): Spot price 2650, futures price 2537.0, basis 113.0, basis rate 4.45%, historical quantile 66.60% [1] - Rapeseed Oil (Oleo1): Spot price 9780, futures price 9407.0, basis 373.0, basis rate 3.97%, historical quantile 85.30% [1] - Corn (C2601): Spot price 2150, futures price 2134.0, basis 16.0, basis rate 0.75%, historical quantile 50.40% [1] - Corn Starch (CS2601): Spot price 2550, futures price 2451.0, basis 99.0, basis rate 4.04%, historical quantile 46.70% [1] - Live Hogs (LH2601): Spot price 11950, futures price 11945.0, basis 5.0, basis rate 0.04%, historical quantile 43.40% [1] - Eggs (JD2512): Spot price 2730, futures price 3217.0, basis -487.0, basis rate -15.14%, historical quantile 7.90% [1] - Cotton (CF601): Spot price 14627, futures price 13615.0, basis 1012.0, basis rate 7.43%, historical quantile 59.30% [1] - Sugar (SR601): Spot price 5720, futures price 5441.0, basis 279.0, basis rate 5.13%, historical quantile 46.00% [1] - Apples (AP601): Spot price 8840, futures price 8940.0, basis -100.0, basis rate -1.11%, historical quantile 14.80% [1] - Jujubes (CJ601): Spot price 9150, futures price 9740.0, basis -590.0, basis rate -6.05%, historical quantile 69.70% [1] Energy and Chemicals - Para - Xylene (PX601): Spot price 6701.0, futures price 6650.0, basis 51.0, basis rate -1.61%, historical quantile 12.10% [1] - PTA (TA601): Spot price 4530.0, futures price 4600.0, basis -70.0, basis rate -1.96%, historical quantile 20.00% [1] - Ethylene Glycol (EG2601): Spot price 3985.0, futures price 3914.0, basis 71.0, basis rate 1.07%, historical quantile 75.00% [1] - Polyester Staple Fiber (PF512): Spot price 6330.0, futures price 6176.0, basis 154.0, basis rate 2.15%, historical quantile 74.20% [1] - Styrene (EB2512): Spot price 6315.0, futures price 6321.0, basis -6.0, basis rate 4.73%, historical quantile 75.40% [1] - Methanol (MA601): Spot price 2082.0, futures price 2141.0, basis -59.0, basis rate 1.03%, historical quantile 54.40% [1] - Urea (UR601): Spot price 1580.0, futures price 1633.0, basis -53.0, basis rate -2.20%, historical quantile 5.50% [1] - LLDPE (L2601): Spot price 6925.0, futures price 6814.0, basis 111.0, basis rate 1.88%, historical quantile 57.60% [1] - PP (PP2601): Spot price 6550.0, futures price 6491.0, basis 59.0, basis rate 1.39%, historical quantile 48.90% [1] - PVC (V2601): Spot price 4540.0, futures price 4638.0, basis -98.0, basis rate -3.82%, historical quantile 33.10% [1] - Caustic Soda (SH601): Spot price 2500.0, futures price 2303.0, basis 197.0, basis rate 5.50%, historical quantile 70.70% [1] - LPG (PG2512): Spot price 4398.0, futures price 4278.0, basis 120.0, historical quantile 48.20% [1] - Asphalt (BU2601): Spot price 3140.0, futures price 3166.0, basis -26.0, basis rate 11.37%, historical quantile 93.40% [1] - Butadiene Rubber (BR2601): Spot price 10200.0, futures price 10235.0, basis -35.0, basis rate 2.93%, historical quantile 62.20% [1] - Glass (FG601): Spot price 1048.0, futures price 1097.0, basis -49.0, basis rate -4.68%, historical quantile 60.29% [1] - Soda Ash (SA601): Spot price 1145.0, futures price 1195.0, basis -50.0, basis rate -4.37%, historical quantile 21.21% [1] - Natural Rubber (RU2601): Spot price 14350.0, futures price 14850.0, basis -500.0, basis rate -3.48%, historical quantile 70.61% [1] Financial Futures - IF2512.CFE: Spot price 4627.3, futures price 4596.6, basis -30.7, basis rate -0.67%, historical quantile 12.70% [1] - IH2512.CFE: Spot price 3008.0, futures price 3002.6, basis -5.4, basis rate -0.18%, historical quantile 32.90% [1] - IC2512.CFE: Spot price 7229.3, futures price 7108.0, basis -121.3, basis rate -1.71%, historical quantile 1.60% [1] - IM2512.CFE: Spot price 7464.9, futures price 7310.8, basis -154.1, basis rate -2.1%, historical quantile 9.50% [1] - 2 - Year Treasury Bond (TS2512): Spot price 100.04, futures price 102.49, basis -0.04, basis rate -0.04%, historical quantile 16.10% [1] - 5 - Year Treasury Bond (TF2512): Spot price 99.63, futures price 106.00, basis -0.06, basis rate -0.06%, historical quantile 19.20% [1] - 10 - Year Treasury Bond (T2512): Spot price 100.63, futures price 108.63, basis 0.00, basis rate 0.00%, historical quantile 15.20% [1] - 30 - Year Treasury Bond (TL2512): Spot price 131.45, futures price 116.44, basis 0.21, basis rate 0.18%, historical quantile 28.90% [1]