黑色金属数据日报-20251209

Group 1: Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. Group 2: Core Viewpoints of the Report - Steel products are in a range-bound oscillation, waiting for new drivers. One can focus on hot-rolled coil opportunities by realizing profits through spot-futures positions [2]. - For ferrosilicon and silicomanganese, the sentiment has improved, and prices are oscillating. Investment clients can short them on rallies, and industrial clients can use accumulative options to protect spot exposures [2]. - For coking coal and coke, futures have fallen significantly, and there is no incremental positive news from major meetings this week. It is advisable to wait and see for now [2]. - For iron ore, there is significant upward pressure. Hold existing short positions [2]. Group 3: Summary by Relevant Catalogs Futures Market - On December 8, the closing prices of far-month contracts for RB2610, HC2610, 12605, J2605, and JM2609 were 3164.00 yuan/ton, 3302.00 yuan/ton, 760.50 yuan/ton, 1690.50 yuan/ton, and 1161.50 yuan/ton respectively, with changes of -34.00 yuan, -33.00 yuan, -11.00 yuan, -72.50 yuan, and -64.50 yuan, and percentage changes of -1.06%, -0.99%, -1.43%, -4.11%, and -5.26% [1]. - The closing prices of near-month contracts (main contracts) for RB2605, HC2605, 12601, J2601, and JM2605 were 3123.00 yuan/ton, 3291.00 yuan/ton, 778.50 yuan/ton, 1537.00 yuan/ton, and 1093.50 yuan/ton respectively, with changes of -41.00 yuan, -34.00 yuan, -9.00 yuan, -94.50 yuan, and -71.50 yuan, and percentage changes of -1.30%, -1.02%, -1.14%, -5.79%, and -6.14% [1]. - The cross-month spreads for RB2605 - 2610, HC2605 - 2610, 12601 - 2605, J2601 - 2605, and JM2605 - 2609 on December 8 were -41.00 yuan/ton, -11.00 yuan/ton, 18.00 yuan/ton, -153.50 yuan/ton, and -68.00 yuan/ton respectively, with changes of -130 yuan, -6.00 yuan, -2.00 yuan, 1.50 yuan, and -4.50 yuan [1]. - The spread/ratio/profit indicators such as coil - rebar spread, rebar - ore ratio, coal - coke ratio, rebar futures profit, and coking futures profit on December 8 were 168.00 yuan, 4.01, 1.41, 12.23 yuan, and 82.65 yuan respectively, with changes of 5.00 yuan, -0.01, 0.02, 1.55 yuan, and 13.85 yuan [1]. Spot Market - On December 8, the spot prices of Shanghai rebar, Tianjin rebar, Guangzhou rebar, Tangshan billet, and Platts Index were 3260.00 yuan/ton, 3170.00 yuan/ton, 3500.00 yuan/ton, 2950.00 yuan/ton, and 105.75 respectively, with changes of -10.00 yuan, -10.00 yuan, -60.00 yuan, -20.00 yuan, and -1.35 [1]. - The spot prices of Shanghai hot - rolled coil, Hangzhou hot - rolled coil, Guangzhou hot - rolled coil, billet - product spread, and Rizhao Port PB on December 8 were 3270.00 yuan/ton, 3300.00 yuan/ton, 3290.00 yuan/ton, 310.00 yuan/ton, and 786.00 yuan/ton respectively, with changes of -10.00 yuan, -10.00 yuan, -20.00 yuan, 10.00 yuan, and -3.00 yuan [1]. - The spot prices of some other products on December 8, including a certain product with unclear name, another product with unclear name, Ganqimao coal, Qingdao Port quasi - first - grade coke, and Qingdao Port PB, were 670.00 yuan/ton, 720.00 yuan/ton, 1170.00 yuan/ton, -1630.00 yuan/ton, and 786.00 yuan/ton respectively, with changes of -6.00 yuan, -6.00 yuan, -20.00 yuan, 0.00 yuan, and -3.00 yuan [1]. Basis - The basis for HC main contract, RB main contract, a certain main contract, J main contract, and JM main contract on December 8 were -21.00 yuan/ton, 137.00 yuan/ton, 4.00 yuan/ton, 250.69 yuan/ton, and 106.50 yuan/ton respectively, with changes of 19.00 yuan, 24.00 yuan, 1.00 yuan, -48.00 yuan, and 26.50 yuan [1].