Group 1 - The basis for the CSI 300 IF2505 contract is at a discount of 2.49, while the SSE 50 IH2505 contract is at a discount of 2.86. The CSI 500 IC2505 contract is at a premium of 7.75, and the CSI 1000 IM2505 contract is at a premium of 13.28 [1] - The month difference for the CSI 300 IF2505-2506 is 40.6, for the SSE 50 IH2505-2506 is 18.6, for the CSI 500 IC2505-2506 is 121.8, and for the CSI 1000 IM2505-2506 is 147.6 [1]

| 品种/合约 | 现货价格 | 期货价格 | 基差 | 基差率 | 历史分位数 | 现货参考 | | 留注 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 硅铁 (SF507) | 5778 | 5660 | 118 | 2.08% | 74.60% | 折算价:72硅铁合格块:内蒙-天津仓单 | | | | 硅罐(SM509) | 5920 | 5876 | 44 | 0.75% | 33.00% | 折算价:6517硅锰:内蒙-湖北仓单 | | | | 螺纹钢 (RB2510) | 3240 | 3118 | 122 | 3.91% | 56.40% | HRB40020mm:上海 | | | | 热卷 (HC2510) | 3300 | 3260 | 40 | 1.23% | 36.20% | Q235B: 4.75mm: 上海 | | | | 铁矿石 (12509) | 809 | 737 | 73 | 9.90% | 55.70% | 折算价:62.5%巴混粉(BRBF):淡水河谷:日照港 | | | | 焦炭 (J2509) ...

Report Summary 1. Report Industry Investment Rating There is no information about the industry investment rating in the provided report. 2. Report's Core View The report is a daily data report on commodity arbitrage from Baocheng Futures on May 16, 2025, presenting the basis, inter - period spreads, and inter - commodity spreads of various commodities in multiple sectors including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures. 3. Summary by Directory 3.1 Power Coal - The basis of power coal on May 15, 2025, was - 187.4 yuan/ton, showing a continuous decline compared to previous days [2]. - The 5 - month to 1 - month, 9 - month to 1 - month, and 9 - month to 5 - month spreads were all 0.0 [2]. 3.2 Energy Chemicals - **Energy Commodities** - For crude oil, the basis is presented through a graph, with the basis calculated as the difference between the spot price of Chinese Shengli crude oil and the closing price of the active contract of INE crude oil [6]. - For fuel oil, the basis is shown as the difference between the FOB Singapore spot price and the closing price of the active contract of fuel oil [7]. - The ratio of crude oil to asphalt on May 15, 2025, was 0.1386 [9]. - **Chemical Commodities** - The basis of various chemical commodities such as natural rubber, methanol, PTA, LLDPE, and PP on different dates from May 9 to May 15, 2025, is provided. For example, the basis of natural rubber on May 15 was - 90 yuan/ton [10]. - The inter - period spreads (5 - month to 1 - month, 9 - month to 1 - month, 9 - month to 5 - month) and inter - commodity spreads (e.g., LLDPE - PVC, LLDPE - PP) of chemical commodities are also given [10]. 3.3 Black Metals - **Basis** - The basis of rebar, iron ore, coke, and coking coal on different dates from May 9 to May 15, 2025, is presented. For example, the basis of rebar on May 15 was 102.0 yuan/ton [15]. - **Inter - period Spreads** - The inter - period spreads of rebar (5 - month to 1 - month, 10 - month to 1 - month, 10 - month to 5 - month) and other black metals are provided [15]. - **Inter - commodity Ratios and Spreads** - Ratios such as rebar to iron ore, rebar to coke, coke to coking coal, and spreads like rebar - hot rolled coil on different dates are given [15]. 3.4 Non - ferrous Metals - **Domestic Market** - The basis of copper, aluminum, zinc, lead, nickel, and tin in the domestic market on different dates from May 9 to May 15, 2025, is provided. For example, the basis of copper on May 15 was 980 yuan/ton [24]. - **London Market** - Information about LME non - ferrous metals including LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profits and losses for copper, aluminum, zinc, lead, nickel, and tin on May 15, 2025, is presented. For example, the LME spread of copper was 39.74, and the import loss was - 318.78 yuan/ton [30]. 3.5 Agricultural Products - **Basis** - The basis of soybeans (No. 1 and No. 2), soybean meal, soybean oil, and other agricultural products on different dates from May 9 to May 15, 2025, is given. For example, the basis of soybean No. 1 on May 15 was - 232 yuan/ton [39]. - **Inter - period Spreads** - The inter - period spreads of various agricultural products are provided, such as the 5 - month to 1 - month, 9 - month to 1 - month, and 9 - month to 5 - month spreads of soybeans, soybean meal, etc. [39]. - **Inter - commodity Spreads** - Ratios and spreads like soybean No. 1 to corn, soybean oil to soybean meal, and soybean meal - rapeseed meal on different dates are presented [37]. 3.6 Stock Index Futures - **Basis** - The basis of CSI 300, SSE 50, CSI 500, and CSI 1000 on different dates from May 9 to May 15, 2025, is provided. For example, the basis of CSI 300 on May 15 was 34.40 [47]. - **Inter - period Spreads** - The inter - period spreads (e.g., next month - current month, current quarter - current month) of CSI 300, SSE 50, CSI 500, and CSI 1000 are given [47].

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - Although there are issues such as inverted price differences between fat pigs in the north and south, reduced piglet sales by groups, and increased pen pressure in May, price increases have led to continued inventory accumulation. The near - term contradictions are not at the release stage. The trading logic has switched to the industrial logic, and attention should be paid to the arbitrage strategy of the far - month inter - monthly spread valuation deviating from the norm. In the medium - to - long - term, continue to layout the 11 - 1 reverse spread, and pay attention to stop - profit and stop - loss. The short - term support level of the LH2509 contract is 13,000 yuan/ton, and the pressure level is 15,000 yuan/ton [5]. 3. Summary by Relevant Catalogs 3.1 Pig Fundamental Data - **Spot Prices**: The spot price of pigs in Henan is 15,000 yuan/ton, in Sichuan is 14,450 yuan/ton (down 100 yuan/ton compared to the previous period), and in Guangdong is 15,190 yuan/ton [3]. - **Futures Prices**: The price of the live hog 2507 contract is 13,495 yuan/ton (down 150 yuan/ton), the 2509 contract is 13,780 yuan/ton (down 240 yuan/ton), and the 2511 contract is 13,550 yuan/ton (down 105 yuan/ton) [3]. - **Trading Volume and Open Interest**: The trading volume of the live hog 2507 contract is 9,989 lots (an increase of 2,918 lots compared to the previous day), with an open interest of 27,584 lots (a decrease of 706 lots); the 2509 contract has a trading volume of 40,357 lots (an increase of 12,323 lots), with an open interest of 77,561 lots (an increase of 5,221 lots); the 2511 contract has a trading volume of 6,572 lots (an increase of 3,358 lots), with an open interest of 30,277 lots (an increase of 837 lots) [3]. - **Price Spreads**: The basis of the live hog 2507 contract is 1,505 yuan/ton (an increase of 150 yuan/ton), the 2509 contract is 1,220 yuan/ton (an increase of 240 yuan/ton), and the 2511 contract is 1,450 yuan/ton (an increase of 105 yuan/ton). The 7 - 9 spread is - 285 yuan/ton (an increase of 90 yuan/ton), and the 9 - 11 spread is 230 yuan/ton (a decrease of 135 yuan/ton) [3]. 3.2 Trend Intensity - The trend intensity is 0, with the range of values in the [-2, 2] interval for integers. It represents a neutral state [4]. 3.3 Market Logic - The trading logic has switched to the industrial logic. Focus on the far - month inter - monthly spread valuation deviating from the norm for arbitrage strategies. In the medium - to - long - term, continue to layout the 11 - 1 reverse spread and pay attention to stop - profit and stop - loss. The short - term support level of the LH2509 contract is 13,000 yuan/ton, and the pressure level is 15,000 yuan/ton [5].

Report Industry Investment Rating - Not provided in the content Core Viewpoints - The port basis of styrene has peaked and declined, reflecting that traders are realizing trading profits, and the downstream is in a loss state with low PS and ABS operating rates and continuous inventory pressure on finished products of the three major hard plastics. However, attention should be paid to the short - covering rhythm of previously over - sold traders. Against the background of the easing of Sino - US tariffs, the demand for pure benzene has bottomed out and rebounded. The low operating rates of caprolactam and aniline in the downstream of pure benzene may improve due to the tariff reduction, but the subsequent arrival pressure of pure benzene still exists. The report suggests a cautious long - hedging strategy [2][3] Summary by Directory EB& Pure Benzene Basis Structure and Related Spreads - Pure benzene: The port inventory is 12.30 million tons (+0.30 million tons), the CFR China processing fee is $186/ton (+$12/ton), the FOB Korea processing fee is $174/ton (+$17/ton), the US - Korea price difference is $31.7/ton (-$22.0/ton) and remains closed, and the East China pure benzene spot - M2 spread is - 15 yuan/ton (+20 yuan/ton) [1] - Styrene: The main contract basis is 251 yuan/ton (+7 yuan/ton), the non - integrated production profit is 331 yuan/ton (-27 yuan/ton) and is expected to gradually compress [1] EB& Pure Benzene Operating Rates and Inventories - Pure benzene: The East China port inventory is related to the data of 12.30 million tons (+0.30 million tons), and the operating rate is not specifically mentioned in the summarized key data [1] - Styrene: The East China port inventory is 56,700 tons (-11,800 tons), the East China commercial inventory is 44,900 tons (-8,600 tons), and it is in the inventory rebuilding stage. The operating rate is 71.3% (-0.9%) [1] Downstream Operating Rates and Production Profits - EPS: The production profit is 240 yuan/ton (+0 yuan/ton), and the operating rate is 62.34% (+14.96%) [1] - PS: The production profit is - 210 yuan/ton (-100 yuan/ton), and the operating rate is 57.10% (+0.80%) [1] - ABS: The production profit is 363 yuan/ton (+747 yuan/ton), and the operating rate is 67.39% (-1.61%) [1] Pure Benzene Downstream Production Profits - Not specifically summarized in the key data, but it mentions that the low operating rates of caprolactam and aniline are affected by factors such as the decline in exports of related products, and the impact of tariff reduction on their demand needs attention [2]

Report Industry Investment Rating - No information provided in the given reports. Core Viewpoints - No explicit core viewpoints are presented in the reports. The reports mainly provide data on various financial products such as futures spreads, prices, and related indicators. Summary by Related Catalogs 1. Stock Index Futures Spread Daily Report - **IF期现价差 & 跨期价差**: The IF spot - futures spread is -35.81, up 45 from the previous day, with a 1 - year historical quantile of 10.20% and an all - time quantile of 8.60%. For IF inter - period spreads, e.g., the spread between the next - month and current - month contracts is -35.60, up 5.40, with a 1 - year quantile of 2.00% and an all - time quantile of 9.10% [1]. - **IH期现价差 & 跨期价差**: The IH spot - futures spread is -16.18, up 3.67, with a 1 - year quantile of 15.90% and an all - time quantile of 11.90%. The spread between the next - month and current - month contracts of IH is -18.40, up 2.00, with a 1 - year quantile of 11.00% and an all - time quantile of 11.80% [1]. - **IC期现价差 & 跨期价差**: The IC spot - futures spread is -101.32, up 25.75, with a 1 - year quantile of 6.50% and an all - time quantile of 3.20%. The spread between the next - month and current - month contracts of IC is -102.20, up 10.40, with a 1 - year quantile of 0.80% and an all - time quantile of 2.30% [1]. - **IM期现价差 & 跨期价差**: The IM spot - futures spread is -117.37, up 37.04, with a 1 - year quantile of 90.00% and an all - time quantile of 6.00%. The spread between the next - month and current - month contracts of IM is -113.60, up 16.60, with a 1 - year quantile of 15.00% and an all - time quantile of 0.70% [1]. - **跨品种比值**: Ratios like CSI 500/HS300 is 1.4707, down 0.0132, with a 1 - year quantile of 45.00% and an all - time quantile of 36.10%. IC/IF is 1.4582, down 0.0101, with a 1 - year quantile of 40.50% and an all - time quantile of 48.90% [1]. 2. Treasury Bond Futures Spread Daily Report - **基差**: TS basis is 1.3819, down 0.0297, with an all - time quantile of 16.00%. TF basis is 1.1686, up 0.1050, with an all - time quantile of 41.60%. T basis is -0.0631, up 0.2955, with an all - time quantile of 3.60% [5]. - **跨期价差**: For TS inter - period spreads, the spread between the current - quarter and next - quarter contracts is -0.1280, up 0.0420, with an all - time quantile of 6.80%. For TF, the spread between the current - quarter and next - quarter contracts is -0.2700, up 0.0400, with an all - time quantile of 10.20% [5]. - **跨品种价差**: TS - TF is 0.0910, up 0.0470, with an all - time quantile of 4.70%. TS - T is -6.2430, up 0.1260, with an all - time quantile of 4.00% [5]. 3. Precious Metals Spot - Futures Daily Report - **国内期货收盘价**: The closing price of the AU2506 contract is 761.72, down 5.96, with a decline rate of -0.78%. The AG2506 contract is 8195, down 24, with a decline rate of -0.29% [8]. - **外盘期货收盘价**: The closing price of the COMEX gold main contract is 3180.70, down 73.80, with a decline rate of -2.27%. The COMEX silver main contract is 32.39, down 0.70, with a decline rate of -2.12% [8]. - **现货价格**: London gold is 3176.58, down 72.90, with a decline rate of -2.24%. London silver is 32.20, down 0.69, with a decline rate of -2.10% [8]. - **基差**: The basis of gold TD - Shanghai gold main contract is -3.12, up 1.16, with a 1 - year quantile of 21.20%. The basis of silver TD - Shanghai silver main contract is -23, down 18, with a 1 - year quantile of 43.70% [8]. - **比价**: COMEX gold/silver is 98.20, down 0.15, with a decline rate of -0.16%. SHFE gold/silver is 92.95, down 0.45, with a decline rate of -0.49% [8]. - **利率与汇率**: The 10 - year US Treasury yield is 4.49, up 0.04, with an increase rate of 0.9%. The US dollar index is 101.07, up 0.08, with an increase rate of 0.08% [8]. - **库存与持仓**: The SHFE gold inventory is 17238, unchanged. The SHFE silver inventory is 919463, down 12721, with a decline rate of -1.36% [8]. 4. Container Shipping Industry Spot - Futures Daily Report - **现货报价**: MAERSK's Shanghai - Europe 6 - week future freight rate is 1547, down 4, with a decline rate of -0.26%. CMA CGM's is 2534, up 107, with an increase rate of 4.41% [9]. - **集运指数**: The settlement price index of SCFIS (European route) is 1302.62, down 76.5, with a decline rate of -5.54%. SCFIS (US West route) is 1455.31, up 134.6, with an increase rate of 10.19% [9]. - **期货价格及基差**: The price of EC2602 is 1518.3, up 103.8, with an increase rate of 7.34%. The basis of the main contract (EC2506) is -423.4, down 337.3, with a change rate of 391.56% [9]. - **基本面数据**: Global container shipping capacity supply is 3223.63 million TEU, up 1.12 million TEU, with an increase rate of 0.03%. Shanghai port's on - time rate is 29.02, down 4.41, with a decline rate of -13.19% [9]. 5. Trading Calendar - **海外数据/资讯**: Eurozone's Q1 GDP annual revised rate, seasonally - adjusted employment quarterly final rate, and other economic indicators are to be released at specific times. The US Initial Jobless Claims for the week ending May 10th and other data are also scheduled [11]. - **国内数据/资讯**: There are 1250 billion yuan of 1 - year MLF and 1586 billion yuan of 7 - day reverse repurchases due today. Shandong local refinery capacity utilization rate and other industry - related data are to be released at different times [11].

1. Report Industry Investment Ratings - **Bullish**: Alumina, Aluminium, Tin, PTA, Short - fiber [1] - **Bearish**: Zinc, Manganese Ore, Coke, Coking Coal, Natural Rubber Latex From New Zealand, Crude Oil [1] - **Oscillating**: Equity Index, Gold, Copper, Nickel, Stainless Steel, Silicon Iron, Rebar, Hot - Rolled Coil, Iron Ore, Printing, Soda Ash, Palm Oil, Soybean Oil, Cotton, Bean Meal, Pulp, Fuel Oil, Bitumen, BR Rubber, Methanol, PE, PP, PVC, Caustic Soda [1] 2. Core Views of the Report - The results of the Sino - US trade talks exceeded market expectations, which improved market risk appetite and had a positive impact on multiple varieties, but short - term operations still need to be cautious [1]. - The weak economy and asset shortage are beneficial to bond futures, but the central bank's short - term interest rate risk warning restricts the upward space [1]. - The long - term upward logic of gold remains unchanged, while silver may be more resilient in the short term due to potential tariff impacts [1]. 3. Summary by Industry Macro - finance - **Equity Index**: Yesterday, large - cap stocks led the rise. Observe whether small and medium - cap stocks can achieve resonance and make up for the rise. In a structural market, long - position investors should be cautious [1]. - **Treasury Bonds**: Asset shortage and weak economy are beneficial to bond futures, but the central bank's short - term interest rate risk warning restricts the upward space [1]. - **Gold**: The short - term gold price may enter a consolidation phase, but the long - term upward logic remains unchanged [1]. - **Silver**: Generally follows gold. Unexpected tariff results will benefit the commodity attribute of silver, so the short - term silver price may be more resilient than gold [1]. Non - ferrous Metals - **Copper**: The joint statement of the Sino - US trade negotiations exceeded market expectations, which is positive for copper prices. However, the copper price has rebounded significantly recently, so be cautious about chasing high in the short term [1]. - **Aluminium and Alumina**: Aluminium prices continue to rebound. Alumina supply has increased, the supply - demand pattern has improved, and the short - term price may further rebound [1]. - **Zinc**: Terminal demand has weakened significantly in the off - season, and the inflow of imported goods has weakened the fundamentals. Pay attention to short - selling opportunities [1]. - **Nickel and Stainless Steel**: The US inflation cooled more than expected, and the Sino - US talks results exceeded expectations. The Indonesian resource tax policy has been implemented, and there are rumors of a mining ban in the Philippines. Nickel prices will oscillate in the short term, and there is still pressure from long - term excess of primary nickel. Stainless steel futures will oscillate and rebound in the short term, but there is still supply pressure in the long term [1]. - **Tin**: With the improvement of macro - sentiment, tin prices are expected to rebound. Continuously pay attention to the resumption of production in low - grade mines [1]. - **Industrial Silicon**: Supply is strengthening, demand is weakening, it has entered a low - valuation range, and the demand and inventory pressure have not been alleviated [1]. - **Polycrystalline Silicon**: The number of registered warehouse receipts is extremely small, and the willingness to register warehouse receipts is low due to the futures discounting the spot [1]. - **Lithium Carbonate**: Supply has not further shrunk, inventory has continued to accumulate, and downstream buyers still maintain rigid demand purchases [1]. Ferrous Metals - **Rebar and Hot - Rolled Coil**: They are in the window period of switching from the peak season to the off - season. The cost is loose, the supply - demand pattern is loose, and the driving force for price rebound is insufficient [1]. - **Iron Ore**: There is an expectation that pig iron production will peak, and pay attention to the pressure on steel products [1]. - **Manganese Ore**: There is still an expectation of decline due to the expected excess of manganese ore, and the pressure of warehouse receipts is heavy [1]. - **Silicon Iron**: The cost is dragged down by thermal coal, but the production reduction in the production area is large, and the supply - demand has become tight [1]. - **Printing**: The supply - demand is weak, and with the arrival of the rainy season, there are concerns about weakening demand, and the price will continue to be weak [1]. - **Soda Ash**: There are many maintenance operations in May, and the direct demand is okay, but there is excess supply in the medium term, and the price is under pressure [1]. - **Coking Coal and Coke**: The supply - demand is relatively excessive, and they are short - allocated in the sector. Consider participating in the JM9 - 1 positive spread [1]. Agricultural Products - **Palm Oil and Soybean Oil**: The rise of crude oil and US biodiesel news drove the rise of palm oil. The Sino - US talks may drag down the soybean - palm oil price spread. After the crude oil price falls, consider short - selling palm oil. The Sino - US talks are expected to be negative for soybean oil in terms of sentiment, and it is recommended to wait and see for single - side operations [1]. - **Rapeseed Oil**: The northern rapeseed - producing areas in Europe are still dry, which is not conducive to the formation of rapeseed yield per unit. The Sino - Canadian relationship is still uncertain. If Canada cancels the additional tariffs on China, it may lead to a large decline. Consider buying volatility [1]. - **Cotton**: In the short term, there are disturbances such as trade negotiations and weather premiums for US cotton. In the long term, macro - uncertainty is still strong. The domestic cotton textile industry has entered the off - season, and downstream inventories are starting to accumulate. It is expected that the domestic cotton price will maintain a weak oscillating trend [1]. - **Sugar**: Brazil's 2025/26 sugar production is expected to reach a record high. If crude oil continues to be weak, it may affect the sugar - making ratio and lead to higher - than - expected sugar production [1]. - **Corn**: The spot price increase has slowed down, and the import corn auction has a negative impact on sentiment. The port inventory has decreased but is still at a high level. It is recommended to buy on dips and pay attention to the CO7 - C01 positive spread [1]. - **Bean Meal**: There is no driving force for speculation in US soybean planting. The domestic market is still digesting the pressure of spot and Brazilian selling, and the futures price is expected to oscillate [1]. - **Pulp**: After the positive impact of the Sino - US trade negotiations on pulp futures is realized, the fundamentals still lack upward momentum, and it is expected to oscillate [1]. - **Natural Rubber Latex From New Zealand**: The shipping volume from New Zealand has decreased, the terminal demand is still weak, and the overall bearish pattern remains unchanged. It is recommended to short after a rebound [1]. - **Live Pigs**: The pig inventory is continuously recovering, the slaughter weight is increasing, and the breeding profit is generally good. The futures price is at a large discount to the spot price. Pay attention to the pace of future production capacity release and wait for spot price guidance [1]. Energy and Chemicals - **Crude Oil, Fuel Oil**: The results of the Sino - US trade negotiations exceeded market expectations, reducing concerns about weakening demand. There is a demand for rebound and repair after the previous sharp decline [1]. - **Bitumen**: The cost is dragging down, the inventory accumulation slope has decreased, and the demand is slowly recovering [1]. - **BR Rubber**: The tariff negotiation is beneficial, and the cost is strongly supported. It will be strong in the short term, but there is a risk of price decline in the long term due to loose fundamentals and weak demand [1]. - **PTA**: The PX device is under intensive maintenance, the procurement demand for PX has increased, and the high load of polyester has supported the demand for PTA [1]. - **Ethylene Glycol**: The ethylene glycol device is under maintenance, large - scale devices in Jiangsu and Zhejiang have reduced their loads, the basis has dropped rapidly, and market sentiment has subsided [1]. - **Short - fiber**: The slightly tight situation of PTA strengthens the cost support for short - fiber, and short - fiber performs strongly under the high - basis situation [1]. - **Styrene**: The improvement of Sino - US tariff policies has stimulated market speculative demand, the pure benzene price has gradually strengthened, and the downstream demand for styrene is expected to pick up [1]. - **Urea**: There are still positive expectations in the market, the downstream follow - up is okay, and the market negotiation focus has risen. However, due to price stability policies, the upward price space is limited [1]. - **Methanol**: The basis is strengthening, and the short - term price will oscillate strongly. The medium - long - term spot market may change from strong to weak oscillation [1]. - **PE, PP, PVC**: Macro - factors are positive, and they will oscillate strongly. PVC has a weak fundamental but may rebound in the short term [1]. - **Caustic Soda**: The spot demand is weak, and the driving force for price increase is insufficient, but the macro - positive factors support the futures price, which will oscillate [1]. - **Propane and Butane**: The CP has decreased, the MB has increased, and the regional price difference of propane has narrowed. Butane is in the seasonal off - season [1].

Group 1: Index Movements - On May 14th, the Shanghai Composite Index rose by 0.86% to close at 3403.95 points with a trading volume of 534.873 billion yuan; the Shenzhen Component Index rose by 0.64% to close at 10354.22 points with a trading volume of 781.854 billion yuan [1] - The CSI 1000 Index rose by 0.15% with a trading volume of 252.514 billion yuan, opening at 6144.25, closing at 6160.37, with a daily high of 6199.3 and a low of 6111.11 [1] - The CSI 500 Index rose by 0.3% with a trading volume of 188.145 billion yuan, opening at 5778.08, closing at 5799.12, with a daily high of 5835.49 and a low of 5750.54 [1] - The SSE 180 Index rose by 1.21% with a trading volume of 319.465 billion yuan, opening at 3894.84, closing at 3943.21, with a daily high of 3960.52 and a low of 3890.65 [1] - The SSE 50 Index rose by 1.69% with a trading volume of 94.724 billion yuan, opening at 2708.56, closing at 2753.78, with a daily high of 2766.25 and a low of 2708.42 [1] Group 2: Impact of Sector Movements on Indexes - The CSI 1000 rose 9.36 points from the previous close. Sectors such as transportation, computer, and non - bank finance significantly pulled the index up, while national defense and military industry, electronics, and power equipment pulled it down [2] - The CSI 500 rose 17.45 points from the previous close. Non - bank finance and non - ferrous metals significantly pulled the index up, while national defense and military industry and power equipment pulled it down [2] - The SSE 180 rose 46.95 points from the previous close. Non - bank finance and food and beverage significantly pulled the index up [2] - The SSE 50 rose 45.72 points from the previous close. Non - bank finance and food and beverage significantly pulled the index up [2] Group 3: Stock Index Futures Basis and Annualized Opening Costs - IM00 had an average daily basis of - 7.95, IM01 of - 125.68, IM02 of - 321.98, and IM03 of - 467.01 [13] - IC00 had an average daily basis of - 2.8, IC01 of - 106.34, IC02 of - 273.71, and IC03 of - 386.92 [13] - IF00 had an average daily basis of - 0.33, IF01 of - 37.18, IF02 of - 106.52, and IF03 of - 146.47 [13] - IH00 had an average daily basis of 1.27, IH01 of - 17.61, IH02 of - 51.43, and IH03 of - 55.33 [13] Group 4: Stock Index Futures Roll - over Point Differences and Annualized Costs - For IM, data on roll - over point differences and their annualized costs at different times (e.g., at 09:45, IM00 - 01 was - 53.1193) are provided [22] - For IC, data on roll - over point differences and their annualized costs at different times (e.g., at 09:45, IC00 - 01 was - 26.1467) are provided [23] - For IF, data on roll - over point differences and their annualized costs at different times (e.g., at 09:45, IF00 - 01 was - 13.4098) are provided [23] - For IH, data on roll - over point differences and their annualized costs at different times (e.g., at 09:45, IH00 - 01 was - 1.29644) are provided [25]

| 硅铁 (SF507) | 5778 | 5678 | 100 | 1.76% | 72.00% | 折算价:72硅铁合格块:内蒙-天津仓单 | 硅罐(SM509) | 56 | 折算价:6517硅锰:内蒙-湖北仓单 | 5920 | 0.95% | 35.70% | 5864 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 123 | 3127 | HRB40020mm:上海 | 3250 | 56.70% | 螺纹钢 (RB2510) | 3.93% | Q235B: 4.75mm: 上海 | 53 | 1.62% | 41.40% | 热卷 (HC2510) | 3320 | 3267 | | | | | | 72 | 809 | 737 | 9.82% | 折算价:62.5%巴混粉(BRBF):淡水河谷:日照港 | 铁矿石 (12509) | 55.40% | -2 | 焦炭 (J2509) | 1480 ...

3/1 | | 股指期货价差日报 | | | | | | --- | --- | --- | --- | --- | --- | | | 投资咨询业务资格:证监许可【2011】1292号 | | | | | | 2025年5月15日 | | | | 叶倩宁 | Z0016628 | | 价差 | 品种 | 最新值 | 较前一日变化 | 历史1年分位数 | 全历史分位数 | | | F期现价差 | -35.81 | ਰੇ 45 | 10.20% | 8.60% | | 期现价差 | H期现价差 | -16.18 | 3.67 | 15.90% | 11.90% | | | IC期现价差 | -101.32 | 25.75 | 6.50% | 3.20% | | | IM期现价差 | -117.37 | 37.04 | 90.00% | 6.00% | | | 次月-当月 | -35.60 | 5.40 | 2.00% | 9.10% | | | 季月-当月 | -101.60 | 7.20 | 0.80% | 6.80% | | | 远月-当月 | -139.60 | 7.40 | 0.80% | 9.30% ...