一、动力煤：宝城期货品种套利数据日报（2026年2月12日）-20260212

Report Summary 1. Report Industry Investment Rating No information provided about the industry investment rating. 2. Core View of the Report The report is a daily data report on futures variety arbitrage of Baocheng Futures on February 12, 2026, presenting the basis, inter - period, and inter - variety data of multiple futures varieties including thermal coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures. 3. Summary by Directory 3.1 Thermal Coal - Basis Data: The basis data from February 5 to February 11, 2026, shows that the basis has gradually increased from - 107.4 to - 96.4 [2]. 3.2 Energy Chemicals - Energy Commodity Basis: The basis data of fuel oil, crude oil, and asphalt from February 5 to February 11, 2026, is presented, with specific values changing daily [7]. - Chemical Commodity: - Inter - period: Inter - period data of rubber, methanol, PTA, LLDPE, PVC, PP, and ethylene glycol are given, such as the 5 - month minus 1 - month value of rubber is - 570 yuan/ton [9]. - Inter - variety: Inter - variety data of LLDPE - PVC, LLDPE - PP, PP - PVC, and PP - 3*methanol from February 5 to February 11, 2026, are shown, for example, the LLDPE - PVC value on February 11 is 1806 yuan/ton [9]. - Basis: The basis data of rubber, methanol, etc. from February 5 to February 11, 2026, are presented, like the value of rubber on February 11 is - 175 yuan/ton [10]. 3.3 Black Metals - Inter - period: Inter - period data of rebar, iron ore, coke, and coking coal are provided, e.g., the 5 - month minus 1 - month value of rebar is - 78 yuan/ton [19]. - Inter - variety: Inter - variety data of rebar/iron ore, rebar/coke, coke/coking coal, and rebar - hot - rolled coil from February 5 to February 11, 2026, are given, such as the rebar/iron ore value on February 11 is 4.00 [19]. - Basis: The basis data of rebar, iron ore, etc. from February 5 to February 11, 2026, are shown, for example, the value of rebar on February 11 is 156.0 yuan/ton [20]. 3.4 Non - Ferrous Metals - Domestic Market: The domestic basis data of copper, aluminum, zinc, lead, nickel, and tin from February 5 to February 11, 2026, are presented, like the value of copper on February 11 is - 860 yuan/ton [28]. - London Market: LME premium/discount, Shanghai - London ratio, CIF, domestic spot, and import profit/loss data of copper, aluminum, etc. on February 11, 2026, are given, for example, the LME premium/discount of copper is (76.01) [33]. 3.5 Agricultural Products - Basis: The basis data of soybeans No.1, soybeans No.2, soybean meal, soybean oil, and corn from February 5 to February 11, 2026, are shown, such as the value of soybeans No.1 on February 11 is - 359 yuan/ton [39]. - Inter - period: Inter - period data of soybeans No.1, soybeans No.2, etc. are provided, e.g., the 5 - month minus 1 - month value of soybeans No.1 is - 33 yuan/ton [39]. - Inter - variety: Inter - variety data of soybeans No.1/corn, soybeans No.2/corn, etc. from February 5 to February 11, 2026, are given, for example, the soybeans No.1/corn value on February 11 is 1.96 [38][39]. 3.6 Stock Index Futures - Basis: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from February 5 to February 11, 2026, are presented, like the value of CSI 300 on February 11 is 29.01 [51]. - Inter - period: Inter - period data of CSI 300, SSE 50, etc., including the next - month minus the current - month and the next - quarter minus the current - quarter values, are given, such as the next - month minus the current - month value of CSI 300 is - 53.2 [51].