全品种价差日报-20251201

Report Title - Full Variety Spread Daily Report [4] Report Date - December 1, 2025 [3] Commodity Analysis Ferrous Metals - Silicon Iron (SF603) had a 1.63% change, with a spot price of 5478 and a futures price of 5770, and a historical quantile of 54.80% [1] - Silicon Manganese (SM601) had a spot price of 5612 [1] - HRB400 20mm in Shanghai increased by 4.50%, with a spot price of 3250 and a futures price of 3290 [1] - Rebar (RB2601) decreased by 12 points [1] - Hot - Rolled Coil (HC2601) decreased by 0.36%, with a spot price of 3302 and a futures price of 3290 [1] - Iron Ore (I2601) increased by 7.22%, with a spot price of 851 and a futures price of 794, and a historical quantile of 46.20% [1] - Coke (J2601) had a significant increase of 76.81% [1] - Coking Coal (JM2601) increased by 11.53%, with a spot price of 1190 and a futures price of 1067, and a historical quantile of 58.50% [1] Non - Ferrous Metals - Copper (CU2601) had a spot price of 87430 and a futures price of 87400, with a basis of - 30 and a historical quantile of 41.25% [1] - Aluminum (AL2601) increased by 10.20%, with a spot price of 21450 and a futures price of 21610 [1] - Alumina (AO2601) had a spot price of 2831 and a futures price of 2707, with a basis of 124 and a historical quantile of 61.67% [1] - Zinc (ZN2601) decreased by 1.65%, with a spot price of 22425 and a futures price of 22300 [1] - Tin (SN2601) decreased by 5040, with a spot price of 305040 and a futures price of 300000 [1] - Nickel (NI2601) increased by 0.40%, with a spot price of 117550 and a futures price of 117080 [1] - Stainless Steel (SS2601) had a historical quantile of 88.41% [1] - Lithium Carbonate (LC2605) decreased by 2670, with a spot price of 96420 and a futures price of 93750 [1] - Industrial Silicon (SI2601) increased by 4.60%, with a spot price of 9130 [1] Precious Metals - Gold (AU2602) decreased by 0.68%, with a spot price of 953.9 and a futures price of 947.4, and a historical quantile of 0.30% [1] - Silver (AG2602) decreased by 58.0, with a spot price of 12727.0 and a futures price of 12669.0, and a historical quantile of 3.70% [1] Agricultural Products - Soybean Meal (M2601) decreased by 1.45%, with a spot price of 3044.0 and a futures price of 3000, and a historical quantile of 32.00% [1] - Soybean Oil (Y2601) increased by 2.25%, with a spot price of 8430 and a futures price of 8244.0, and a historical quantile of 38.00% [1] - Palm Oil (P2601) decreased by 0.88%, with a spot price of 8626.0 and a futures price of 8520, and a historical quantile of 8.70% [1] - Rapeseed Meal (RM601) increased by 4.40%, with a spot price of 2560 and a futures price of 2452.0, and a historical quantile of 67.40% [1] - Rapeseed Oil (OI601) increased by 3.21%, with a spot price of 10070 and a futures price of 9757.0, and a historical quantile of 82.60% [1] - Corn (C2601) increased by 1.33%, with a spot price of 2290 and a futures price of 2244.0, and a historical quantile of 64.90% [1] - Corn Starch (CS2601) increased by 1.33%, with a spot price of 2600 and a futures price of 2566.0, and a historical quantile of 18.40% [1] - Live Hogs (LH2601) decreased by 1.00%, with a spot price of 11350 and a futures price of 11465.0, and a historical quantile of 40.90% [1] - Eggs (JD2601) decreased by 12.24%, with a spot price of 2890 and a futures price of 3293.0, and a historical quantile of 12.20% [1] - Cotton (CF601) increased by 3.98%, with a spot price of 14723 and a futures price of 13725.0, and a historical quantile of 56.70% [1] - Sugar (SR601) decreased by 4.76%, with a spot price of 5615 and a futures price of 5400.0, and a historical quantile of 36.60% [1] - Apples (AP601) decreased by 3.60%, with a spot price of 9025.0 and a futures price of 8700, and a historical quantile of 74.80% [1] Energy and Chemicals - Paraxylene (PX601) decreased by 0.12%, with a spot price of 6822.0 and a futures price of 6830.0, and a historical quantile of 25.10% [1] - PTA (TA601) decreased by 1.6%, with a spot price of 4700.0 and a futures price of 4650.0, and a historical quantile of 37.20% [1] - Ethylene Glycol (EG2601) increased by 0.13%, with a spot price of 3890.0 and a futures price of 3885.0, and a historical quantile of 61.20% [1] - Polyester Staple Fiber (PF602) increased by 0.72%, with a spot price of 6295.0 and a futures price of 6250.0, and a historical quantile of 54.20% [1] - Styrene (EB2601) increased by 1.05%, with a spot price of 6566.0 and a futures price of 6635.0, and a historical quantile of 44.40% [1] - Methanol (MA601) decreased by 1.7%, with a spot price of 2110.0 and a futures price of 2135.0, and a historical quantile of 23.00% [1] - Urea (UR601) decreased by 0.42%, with a spot price of 1670.0 and a futures price of 1677.0, and a historical quantile of 13.80% [1] - LLDPE (L2601) increased by 0.31%, with a spot price of 6810.0 and a futures price of 6789.0, and a historical quantile of 28.80% [1] - PP (PP2601) increased by 0.64%, with a spot price of 6409.0 and a futures price of 6450.0, and a historical quantile of 37.40% [1] - PVC (V2601) decreased by 1.74%, with a spot price of 4549.0 and a futures price of 4470.0, and a historical quantile of 63.20% [1] - Caustic Soda (SH601) increased by 5.38%, with a spot price of 2344.0 and a futures price of 2224.0, and a historical quantile of 66.40% [1] - LPG (PG2601) decreased by 0.32%, with a spot price of 4412.0 and a futures price of 4398.0, and a historical quantile of 28.70% [1] - Asphalt (BU2601) increased by 0.47%, with a spot price of 3010.0 and a futures price of 2996.0, and a historical quantile of 56.00% [1] - Butadiene Rubber (BR2601) decreased by 0.14%, with a spot price of 10415.0 and a futures price of 10400.0, and a historical quantile of 26.90% [1] - Glass (FG601) decreased by 5.30%, with a spot price of 1053.0 and a futures price of 1000.0, and a historical quantile of 56.30% [1] - Soda Ash (SA601) decreased by 2.17%, with a spot price of 1152.0 and a futures price of 1177.0, and a historical quantile of 33.19% [1] - Natural Rubber (RU2601) decreased by 2.73%, with a spot price of 15410.0 and a futures price of 15000.0, and a historical quantile of 73.06% [1] Financial Futures - IF2512.CFE decreased by 0.46%, with a spot price of 4505.8 and a futures price of 4526.7, and a historical quantile of 22.60% [1] - IH2512.CFE decreased by 0.22%, with a spot price of 2963.2 and a futures price of 2969.6, and a historical quantile of 30.40% [1] - IC2512.CFE decreased by 0.82%, with a spot price of 6974.2 and a futures price of 7031.6, and a historical quantile of 15.00% [1] - IM2512.CFE decreased by 1.01%, with a spot price of 7260.8 and a futures price of 7334.2, and a historical quantile of 72.00% [1] - 2 - year Treasury Bond (TS2603) increased by 0.35%, with a spot price of 129.32 and a futures price of 114.46, and a historical quantile of 60.30% [1] - 5 - year Treasury Bond (TF2603) decreased by 0.04%, with a spot price of 105.74 and a futures price of 99.48, and a historical quantile of 22.20% [1] - 10 - year Treasury Bond (T2603) decreased by 0.07%, with a spot price of 107.92 and a futures price of 100.31, and a historical quantile of 25.70% [1] - 30 - year Treasury Bond (TL2603) increased by 0.35%, with a spot price of 129.32 and a futures price of 114.46, and a historical quantile of 60.30% [1]