宝城期货品种套利数据日报（2026年1月23日）-20260123

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - The report presents the arbitrage data of various futures varieties on January 23, 2026, including basis, inter - period spreads, and inter - variety spreads for different commodities such as thermal coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures [1][5][21][27][36][48] 3. Summary by Directory 3.1 Thermal Coal - Basis data from January 16 to January 22, 2026, shows a continuous decline from - 106 to - 116 yuan/ton. The inter - period spreads (5 - 1, 9 - 1, 9 - 5) remain at 4.0, 0.0, 0.0 respectively during this period [2] 3.2 Energy Chemicals 3.2.1 Energy Commodities - Basis data of fuel oil, INE crude oil, and crude oil/asphalt from January 16 to January 22, 2026, are presented, along with their price ratios and other data. For example, on January 22, 2026, the basis of INE crude oil is - 1.74 yuan/ton [7] 3.2.2 Chemical Commodities - Inter - period spreads of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are provided. For example, the 5 - 1 inter - period spread of rubber is - 645 yuan/ton. Inter - variety spreads such as LLDPE - PVC, LLDPE - PP, etc., are also given, with the LLDPE - PVC spread being 1953 yuan/ton on January 22, 2026. Basis data of these chemical commodities from January 16 to January 22, 2026, are presented [9][10] 3.3 Black Metals - Inter - period spreads of rebar, iron ore, coke, and coking coal are shown. For example, the 5 - 1 inter - period spread of rebar is - 70 yuan/ton. Inter - variety spreads like rebar/iron ore, rebar/coke, etc., are also provided, with the rebar/iron ore ratio being 3.98 on January 22, 2026. Basis data of these black metals from January 16 to January 22, 2026, are presented [20][21] 3.4 Non - Ferrous Metals 3.4.1 Domestic Market - Domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from January 16 to January 22, 2026, are presented. For example, the basis of copper is - 690 yuan/ton on January 22, 2026 [28] 3.4.2 London Market - LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit/loss data of LME non - ferrous metals (copper, aluminum, zinc, lead, nickel, tin) on January 22, 2026, are provided. For example, the LME spread of copper is (82.84) and the import profit/loss is (143.21) [32] 3.5 Agricultural Products - Basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, and corn from January 16 to January 22, 2026, are presented. Inter - period spreads of various agricultural products and inter - variety spreads such as soybeans No.1/corn, soybean oil/soybean meal, etc., are also provided. For example, the basis of soybeans No.1 is - 167 yuan/ton on January 22, 2026 [36] 3.6 Stock Index Futures - Basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from January 16 to January 22, 2026, are presented. Inter - period spreads (next month - current month, next quarter - current quarter) of these stock index futures are also provided. For example, the basis of CSI 300 is 21.95 on January 22, 2026 [48]