全品种价差日报-20260128

Report Summary 1. Report Date and Data Sources - The report is a full - variety spread daily report dated January 28, 2026. Data sources include Wind, Mysteel, and GF Futures Research Institute [2] 2. Commodity Information Ferrous Metals - For silicon iron (SF603), the spot price is 5604, the futures price is 5628. The basis of the converted price of 72 - grade silicon iron qualified blocks from Inner Mongolia to Tianjin warehouse receipts is 24 with a basis rate of 0.43% and a historical quantile of 57.90% [1] - For silicon manganese (SM603), the spot price is 5818. The basis of the converted price of 6517 - grade silicon manganese from Inner Mongolia to Hubei warehouse receipts is 134 with a basis rate of 4.29% and a historical quantile of 51.20% [1] - For rebar (RB2605), the spot price of HRB400 20mm in Shanghai is 3280, the futures price is 3260, with a basis of - 9 and a basis rate of - 0.27% and a historical quantile of 15.00% [1] - For hot - rolled coil (HC2605), the spot price of Q235B 4.75mm in Shanghai is 3289, the futures price is 3289, with a basis of 0, a basis rate of 0%, and a historical quantile of 47.00% [1] - For iron ore (I2605), the spot price (converted price of 62.5% Brazilian mixed powder (BRBF) from Vale at Rizhao Port) is 788, with a basis rate of 3.32% and a historical quantile of 86.75% [1] - For coke (J2605), the spot price (converted price of quasi - first - grade metallurgical coke A13, S0.7, CSR60, MT7 at Rizhao Port) is 1723, the futures price is 1668, with a basis of 55, a basis rate of 3.54%, and a historical quantile of 40 [1] - For coking coal (JM2605), the spot price (converted price of S1.3 G75 main coking coal (Mongolian No.5) at Shaheyi) is 1156, the futures price is 1117, with a basis of 39, a basis rate of 3.50%, and a historical quantile of 38.20% [1] Non - ferrous Metals - For copper (CU2603), the spot price (SMM electrolytic copper average) is 101370, the futures price is 102600, with a basis of - 1230, a basis rate of - 1.20%, and a historical quantile of 1.87% [1] - For aluminum (AL2603), the spot price (SMM A00 aluminum average) is 23870, the futures price is 24305, with a basis of - 435, a basis rate of - 1.79%, and a historical quantile of 0.83% [1] - For alumina (AO2605), the spot price (SMM alumina index average) is 2628, the futures price is 2734, with a basis of - 106, a basis rate of - 3.88%, and a historical quantile of 12.99% [1] - For zinc (ZN2603), the spot price (SMM 1 zinc ingot average) is 24690, the futures price is 24950, with a basis of - 260, a basis rate of - 1.04%, and a historical quantile of 7.29% [1] - For tin (SN2603), the spot price (SMM 1 tin average) is 451160, the futures price is 428400, with a basis of 22760, a basis rate of 5.31%, and a historical quantile of 0.20% [1] - For nickel (NI2603), the spot price (SMM 1 imported nickel average) is 146110, the futures price is 144950, with a basis of 1160, a basis rate of 0.79%, and a historical quantile of 13.75% [1] - For stainless steel (SS2603), the spot price (304/2B:2 * 1240 * C: Wuxi Hongwang (including trimming fee)) is 14670, the futures price is 14540, with a basis of 130, a basis rate of 0.89%, and a historical quantile of 24.67% [1] - For lithium carbonate (LC2605), the spot price (SMM battery - grade lithium carbonate average) is 179600, the futures price is 172500, with a basis of 7100, a basis rate of 3.95% [1] - For industrial silicon (SI2605), the spot price (SMM future oxygen - passing 215530 average) is 9250, the futures price is 8860, with a basis of 390, a basis rate of 4.40%, and a historical quantile of 22.10% [1] Precious Metals - For gold (AU2604), the spot price (Shanghai Gold Exchange gold spot AU (T + D)) is 1142.9, the futures price is 1148.4, with a basis of - 5.5, a basis rate of - 0.50%, and a historical quantile of 1.90% [1] - For silver (AG2604), the spot price (Shanghai Gold Exchange silver spot AG (T + D)) is 28300.0, the futures price is 28732.0, with a basis of - 432.0, a basis rate of - 1.50%, and a historical quantile of 99.20% [1] Agricultural Products - For soybean meal (M2605), the spot price (factory price of common - protein soybean meal in Zhangjiagang, Jiangsu) is 3060, the futures price is 2766.0, with a basis of 294.0, a basis rate of 10.63%, and a historical quantile of 69.70% [1] - For soybean oil (Y2605), the spot price (factory price of grade - four soybean oil in Zhangjiagang, Jiangsu) is 8620, the futures price is 8258.0, with a basis of 362.0, a basis rate of 4.38%, and a historical quantile of 65.20% [1] - For palm oil (P2605), the spot price (delivery price of 24 - degree palm oil at Huangpu Port) is 9238.0, the futures price is 9190, with a basis of 48.0, a basis rate of 0.52%, and a historical quantile of 11.90% [1] - For rapeseed meal (RM605), the spot price (factory price of rapeseed meal in Zhanjiang, Guangdong) is 2271.0, the futures price is 2199.0, with a basis of 72.0, a basis rate of 3.27%, and a historical quantile of 83.20% [1] - For rapeseed oil (Oleos), the spot price (factory price of grade - four rapeseed oil in Nantong, Jiangsu) is 10130, the futures price is 9326.0, with a basis of 804.0, a basis rate of 8.62%, and a historical quantile of 96.50% [1] - For corn (C2603), the spot price (free - on - board price of corn at Xuzhou Port) is 2360, the futures price is 2283.0, with a basis of 77.0, a basis rate of 3.37%, and a historical quantile of 74.00% [1] - For corn starch (CS2603), the spot price (factory price of corn starch in Changchun, Jilin) is 2630, the futures price is 2540.0, with a basis of 90.0, a basis rate of 3.54%, and a historical quantile of 41.30% [1] - For live pigs (LH2603), the spot price (factory price of live pigs (ex - ternary) in Henan) is 13150, the futures price is 11285.0, with a basis of 1865.0, a basis rate of 16.53%, and a historical quantile of 90.50% [1] - For eggs (JD2603), the spot price (factory price of eggs in Shijiazhuang, Hebei) is 3840, the futures price is 3047.0, with a basis of 793.0, a basis rate of 26.03%, and a historical quantile of 84.20% [1] - For cotton (CF605), the spot price (market price of cotton in Xinjiang) is 15700, the futures price is 14565.0, with a basis of 1135.0, a basis rate of 7.79%, and a historical quantile of 77.00% [1] - For sugar (SR605), the spot price (spot price of white sugar at Liuzhou Station, Guangxi) is 5330, the futures price is 5168.0, with a basis of 162.0, a basis rate of 3.13%, and a historical quantile of 26.60% [1] - For apples (AP605), the spot price (delivery theoretical price of apples (daily/Steel Union)) is 8820.0, the futures price is 8000, with a basis of 820.0, a basis rate of 10.25%, and a historical quantile of 24.10% [1] - For red dates (CJ605), the spot price (wholesale price of first - grade grey dates in Hebei (Steel Union)) is 9400, the futures price is 9504.0, with a basis of - 104.0, a basis rate of - 1.09%, and a historical quantile of 39.50% [1] Energy and Chemicals - For paraxylene (PX603), the spot price (CFR spot price at Chinese main ports, converted to RMB) is 7241.0, the futures price is 7286.0, with a basis of - 45.0, a basis rate of - 0.62%, and a historical quantile of 19.80% [1] - For PTA (TA605), the spot price (market price (middle price) of purified terephthalic acid (PTA) in East China) is 5258.0, the futures price is 5170.0, with a basis of 88.0, a basis rate of 1.67%, and a historical quantile of 20.70% [1] - For ethylene glycol (EG2605), the spot price (market price (middle price) of ethylene glycol (MEG) in East China) is 3938.0, the futures price is 3810.0, with a basis of 128.0, a basis rate of 3.25%, and a historical quantile of 12.60% [1] - For polyester staple fiber (PF603), the spot price (market price (mainstream price) of polyester staple fiber (1.4D * 38mm (direct - spinning)) in East China market) is 6662.0, the futures price is 6660.0, with a basis of 2.0, a basis rate of 0.03%, and a historical quantile of 42.20% [1] - For styrene (EB2603), the spot price (market price in East China, China (spot benchmark price)) is 7905.0, the futures price is 7649.0, with a basis of 256.0, a basis rate of 3.35%, and a historical quantile of 72.90% [1] - For methanol (MA605), the spot price (market price in Jiangsu Taicang, China (spot benchmark price)) is 2304.0, the futures price is 2267.0, with a basis of 37.0, a basis rate of 1.61%, and a historical quantile of 15.50% [1] - For urea (UR605), the spot price (market price (mainstream price) of small - particle urea in Shandong) is 1790.0, the futures price is 1760.0, with a basis of 30.0, a basis rate of 1.68%, and a historical quantile of 8.80% [1] - For LLDPE (L2605), the spot price (duty - paid self - pick - up price (middle price) of linear low - density polyethylene LLDPE (film grade) in Shandong) is 6899.0, the futures price is 6825.0, with a basis of 74.0, a basis rate of 1.07%, and a historical quantile of 6.70% [1] - For PP (PP2605), the spot price (duty - paid self - pick - up price (middle price) of polypropylene PP (wire - drawing grade, melt index 2 - 4) in Zhejiang) is 6715.0, the futures price is 6709.0, with a basis of 6.0, a basis rate of 0.09%, and a historical quantile of 26.80% [1] - For PVC (V2605), the spot price (market price (mainstream price) of polyvinyl chloride (SG - 5) in Changzhou Market, China) is 4911.0, the futures price is 4710.0, with a basis of 201.0, a basis rate of 4.27%, and a historical quantile of 27.80% [1] - For caustic soda (SH603), the spot price (market price (mainstream price) of 32% ion - membrane caustic soda in Shandong market, converted to 100%) is 1951.0, the futures price is 1884.0, with a basis of 67.0, a basis rate of 3.41%, and a historical quantile of 32.90% [1] - For LPG (PG2603), the spot price (market price of liquefied petroleum gas in Guangzhou) is 4848.0, the futures price is 4248.0, with a basis of 600.0, a basis rate of 14.12%, and a historical quantile of 76.90% [1] - For asphalt (BU2603), the spot price (market price (mainstream price) of heavy - traffic asphalt in Shandong) is 3279.0, the futures price is 3140.0, with a basis of 139.0, a basis rate of 4.24%, and a historical quantile of 22.50% [1] - For butadiene rubber (BR2603), the spot price (distribution price in China: cis - butadiene rubber (Daqing, BR9000) of PetroChina East China) is 13045.0, the futures price is 13000.0, with a basis of 45.0, a basis rate of 0.34%, and a historical quantile of 26.40% [1] - For glass (FG605), the spot price (market price of 5mm float glass, large board in Shahe: Shahe Great Wall Glass (daily)) is 1066.0, the futures price is 932.0, with a basis of 134.0, a basis rate of 14