宝城期货品种套利数据日报（2025年12月24日）-20251224

Report Industry Investment Rating No relevant information provided. Core View of the Report The report presents the daily arbitrage data of various futures varieties on December 24, 2025, including power coal, energy and chemical products, black metals, non-ferrous metals, agricultural products, and stock index futures, covering aspects such as basis, inter - period spreads, and inter - variety spreads. [1][5][20][26][40][51] Summary by Directory 1. Power Coal - Basis Data: From December 17 to December 23, 2025, the basis of power coal was -83.4, -90.4, -98.4, -106.4, -114.4 yuan/ton respectively, showing a decreasing trend. The spreads of 5 - 1, 9 - 1, and 9 - 5 were all 0.0 yuan/ton. [2] 2. Energy and Chemical Products (1) Energy Commodities - Basis and Ratio: Data on basis, ratio, and other indicators of fuel oil, crude oil, asphalt, and INE crude oil from December 17 to December 23, 2025 are provided. For example, the basis of INE crude oil on December 23 was -2.12 yuan/ton. [7] (2) Chemical Commodities - Basis: The basis data of rubber, methanol, PTA, LLDPE, V, and PP from December 17 to December 23, 2025 are presented. For instance, the basis of rubber on December 23 was -440 yuan/ton. [9] - Inter - period Spreads: The inter - period spreads of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol for 5 - 1, 9 - 1, and 9 - 5 are given. For example, the 5 - 1 inter - period spread of rubber was -25 yuan/ton. [10] - Inter - variety Spreads: The inter - variety spreads of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3*methanol from December 17 to December 23, 2025 are provided. For example, the LLDPE - PVC spread on December 23 was 1575 yuan/ton. [10] 3. Black Metals - Inter - period Spreads: The inter - period spreads of rebar, iron ore, coke, and coking coal for 5 - 1, 9(10) - 1, and 9(10) - 5 are presented. For example, the 5 - 1 inter - period spread of rebar was 9.0 yuan/ton. [19] - Inter - variety Spreads: The inter - variety spreads of rebar/iron ore, rebar/coke, coke/coking coal, and rebar - hot rolled coil from December 17 to December 23, 2025 are given. For example, the rebar/iron ore ratio on December 23 was 4.03. [19] - Basis: The basis data of rebar, iron ore, coke, and coking coal from December 17 to December 23, 2025 are provided. For example, the basis of rebar on December 23 was 212.0 yuan/ton. [20] 4. Non - Ferrous Metals (1) Domestic Market - Basis: The basis data of copper, aluminum, zinc, lead, nickel, and tin from December 17 to December 23, 2025 are presented. For example, the basis of copper on December 23 was -380 yuan/ton. [27] (2) London Market - LME Data: Data on LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profits and losses of copper, aluminum, zinc, lead, nickel, and tin on December 23, 2025 are provided. For example, the LME spread of copper was 13.16. [34] 5. Agricultural Products - Basis: The basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, and corn from December 17 to December 23, 2025 are presented. For example, the basis of soybeans No.1 on December 23 was -84 yuan/ton. [41] - Inter - period Spreads: The inter - period spreads of various agricultural products for 5 - 1, 9 - 1, and 9 - 5 are given. For example, the 5 - 1 inter - period spread of soybeans No.1 was 38 yuan/ton. [41] - Inter - variety Spreads: The inter - variety spreads of soybeans No.1/corn, soybeans No.2/corn, soybean oil/soybean meal, etc. from December 17 to December 23, 2025 are provided. For example, the soybean oil/soybean meal ratio on December 23 was 2.83. [41] 6. Stock Index Futures - Basis: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from December 17 to December 23, 2025 are presented. For example, the basis of CSI 300 on December 23 was 49.33. [52] - Inter - period Spreads: The inter - period spreads of CSI 300, SSE 50, CSI 500, and CSI 1000 for next - month - current - month and next - quarter - current - quarter are given. For example, the next - month - current - month inter - period spread of CSI 300 was -16.4. [52]