一、动力煤：宝城期货品种套利数据日报（2025年12月3日）-20251203

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report The report presents the daily arbitrage data of various futures varieties on December 3, 2025, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures, covering aspects such as basis, inter - period spreads, and inter - variety spreads. 3. Summary by Directory 3.1 Power Coal - Basis data for power coal from November 26 to December 2, 2025, is presented, but specific numerical values in the table are incomplete [1][2] 3.2 Energy Chemicals 3.2.1 Energy Commodities - Basis data of fuel oil, INE crude oil, and the ratio of crude oil to asphalt from November 26 to December 2, 2025, are provided, including specific numerical values such as basis and ratio [7] 3.2.2 Chemical Commodities - Basis data of rubber, methanol, PTA, LLDPE, PVC, and PP from November 26 to December 2, 2025, are given [9] - Inter - period spreads data for rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are presented, including 5 - month minus 1 - month, 9 - month minus 1 - month, and 9 - month minus 5 - month spreads [10] - Inter - variety spreads data of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3 * methanol from November 26 to December 2, 2025, are provided [10] 3.3 Black Metals - Basis data of rebar, iron ore, coke, and coking coal from November 26 to December 2, 2025, are presented [20] - Inter - period spreads data of rebar, iron ore, coke, and coking coal are given, including 5 - month minus 1 - month, 9 - month (10) minus 1 - month, and 9 - month (10) minus 5 - month spreads [19] - Inter - variety spreads data of rebar/iron ore, rebar/coke, coke/coking coal, and rebar - hot rolled coil from November 26 to December 2, 2025, are provided [19] 3.4 Non - Ferrous Metals 3.4.1 Domestic Market - Domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from November 26 to December 2, 2025, are presented [29] 3.4.2 London Market - LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss data of LME non - ferrous metals (copper, aluminum, zinc, lead, nickel, tin) on December 2, 2025, are provided [34] 3.5 Agricultural Products - Basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, and corn from November 26 to December 2, 2025, are presented [42] - Inter - period spreads data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, rapeseed meal, rapeseed oil, palm oil, corn, sugar, and cotton are given, including 5 - month minus 1 - month, 9 - month minus 1 - month, and 9 - month minus 5 - month spreads [42] - Inter - variety spreads data of soybeans No.1/corn, soybeans No.2/corn, soybean oil/soybean meal, soybean meal - rapeseed meal, soybean oil - palm oil, rapeseed oil - soybean oil, and corn - corn starch from November 26 to December 2, 2025, are provided [41] 3.6 Stock Index Futures - Basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from November 26 to December 2, 2025, are presented [53] - Inter - period spreads data of CSI 300, SSE 50, CSI 500, and CSI 1000, including next - month minus current - month and next - quarter minus current - quarter spreads, are given [53]