一、动力煤：宝城期货品种套利数据日报（2025年12月17日）-20251217

Report Industry Investment Rating - Not provided in the content Core Viewpoints of the Report - The report presents the arbitrage data of various futures varieties on December 17, 2025, including basis, inter - period spreads, and inter - variety spreads of different commodities such as thermal coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures [1][2][9][19] Summary by Relevant Catalogs 1. Thermal Coal - The report shows the basis of thermal coal from December 10 to December 16, 2025, and the basis values are - 40.4, - 48.4, - 56.4, - 64.4, - 74.4 respectively. The inter - period spreads of 5 - 1, 9 - 1, and 9 - 5 months are all 0 [2] 2. Energy Chemicals - Energy Commodities: It provides the basis data of fuel oil, INE crude oil, and the ratio data of crude oil / asphalt from December 10 to December 16, 2025 [7] - Chemical Commodities: The inter - period spreads of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are given, as well as the inter - variety spreads of LLDPE - PVC, LLDPE - PP, PP - PVC, PP - 3 * methanol. Also, the basis data of these chemicals from December 10 to December 16, 2025 are presented [9][10] 3. Black Metals - The basis data of rebar, iron ore, coke, and coking coal from December 10 to December 16, 2025 are provided. The inter - period spreads of rebar, iron ore, coke, and coking coal, and the inter - variety spreads of rebar / iron ore, rebar / coke, coke / coking coal, rebar - hot rolled coil are also shown [19][20] 4. Non - Ferrous Metals - Domestic Market: The basis data of copper, aluminum, zinc, lead, nickel, and tin in the domestic market from December 10 to December 16, 2025 are presented [28] - London Market: On December 16, 2025, the LME spreads, LME / Shanghai ratios, CIF prices, domestic spot prices, and import profit and loss data of copper, aluminum, zinc, lead, nickel, and tin in the London market are given [33] 5. Agricultural Products - The basis data of soybeans No. 1, soybeans No. 2, soybean meal, soybean oil, and corn from December 10 to December 16, 2025 are provided. The inter - period spreads and inter - variety spreads of multiple agricultural products are also shown [39] 6. Stock Index Futures - The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from December 10 to December 16, 2025 are presented. The inter - period spreads of these stock index futures are also given [50][53]