1. Report Industry Investment Rating - No relevant information provided 2. Core Views of the Report - The reports mainly present the latest data on various financial products including stock index futures spreads, bond futures spreads, precious metals spot - futures, and container shipping industry spot - futures. These data cover price changes, basis differences, and historical percentile positions, providing a basis for investors to understand market trends and make investment decisions. 3. Summary by Related Categories 3.1 Stock Index Futures Spreads - **Price - Spot Spreads**: For example, the IF price - spot spread was - 2.60, the IH price - spot spread was - 7.84, the IC price - spot spread was - 33.79, and the IM price - spot spread was 9.86 on the relevant day [1]. - **Inter - period Spreads**: There are detailed data on spreads between different contract months such as the next - month and current - month, far - month and current - month, etc. For instance, the IC next - month minus current - month spread was - 16.60 [1]. - **Cross - variety Ratios**: Ratios like CSI 500/CSI 300 were 1.5584, with historical percentile positions provided, indicating their relative valuation levels [1]. 3.2 Bond Futures Spreads - **IRR and Basis**: The 15 - contract IRR was 1.6378, and the basis of different bond futures contracts had various values and changes compared to the previous trading day. For example, the T basis was 1.4325 on 2025 - 12 - 10 [2]. - **Inter - period Spreads**: Spreads between different contract quarters such as the current - quarter and next - quarter, and next - quarter and far - quarter were reported. For example, the TF current - quarter minus next - quarter spread was - 0.0350 on 2025 - 12 - 10 [2]. - **Cross - variety Spreads**: Spreads between different bond futures varieties like TS - TF were - 3.3690 on 2025 - 12 - 10 [2]. 3.3 Precious Metals Spot - Futures - **Futures Closing Prices**: Domestic futures closing prices of AU2602, AG2602, etc. showed price increases or decreases compared to the previous day. For example, the AU2602 contract price rose from 951.54 to 956.40, a 0.51% increase [3]. - **Spot Prices**: London gold, silver, and other spot prices also had corresponding changes. For instance, London gold rose from 4206.59 to 4227.65, a 0.50% increase [3]. - **Basis and Ratios**: The basis between gold TD and Shanghai gold futures, gold - silver ratios, etc. were presented. For example, the basis of gold TD - Shanghai gold futures was - 5.27, and the COMEX gold/silver ratio was 68.46 [3]. - **Interest Rates, Exchange Rates, and Inventories**: 10 - year and 2 - year US Treasury yields, the US dollar index, etc. had changes. Inventory data of precious metals on the Shanghai Futures Exchange and COMEX also showed different trends [3]. 3.4 Container Shipping Industry Spot - Futures - **Shipping Indexes**: The SCFIS (European route) increased by 1.72% from 1483.65 to 1509.10, while the SCFIS (US West route) decreased by 50.71% from 1948.77 to 960.51. The SCFI comprehensive index increased by 0.69% [5]. - **Futures Prices and Basis**: Futures prices of EC2602 (main contract) and others had price changes, and the basis of the main contract changed by 41.01% [5]. - **Fundamental Data**: Global container shipping capacity supply increased by 0.01%, Shanghai port on - time rate decreased by 18.50%, and Shanghai port berthing increased by 5.83%. Monthly export amount increased by 8.19%. Overseas economic indicators such as the euro - zone comprehensive PMI increased by 0.57% [5].

Report Industry Investment Rating No relevant content provided. Core Viewpoints - In the short - term, the domestic pure benzene has a large real - time arrival pressure, with port inventory accelerating accumulation. The overseas gasoline shortage has passed, but the price difference between the US and South Korea in the pure benzene market is still being repaired. Downstream提货 is weak, and downstream开工 is further decreasing in the off - season. Styrene maintains low - load maintenance, CPL开工 drops to the lowest level of the year, phenol开工 rebounds, and aniline and adipic acid开工 fluctuate within a range [3]. - For styrene, port inventory further declines, and the port basis remains strong. Styrene maintains low - level operation, port inventory continues to decrease, and downstream提货 is acceptable. The downstream开工 shows differentiation. EPS开工 rebounds slightly in the off - season but still has inventory pressure; ABS开工 decreases due to continuous finished - product inventory pressure; PS开工 continues to rise at the end of the year as the finished - product inventory pressure eases [3]. Summary by Directory 1. Pure Benzene and EB's Basis Structure, Inter - period Spread - The pure benzene main contract basis is - 130 yuan/ton (+12), and the spot - M2 paper cargo spread is - 150 yuan/ton (+35 yuan/ton). The EB main contract basis is 156 yuan/ton (- 48 yuan/ton) [1]. 2. Production Profits and Domestic - Foreign Spreads of Pure Benzene and Styrene - Pure benzene CFR China processing fee is 116 US dollars/ton (+2 US dollars/ton), and FOB South Korea processing fee is 113 US dollars/ton (+1 US dollar/ton). The pure benzene US - South Korea price difference is 195.0 US dollars/ton (+14.0 US dollars/ton). Styrene non - integrated production profit is - 140 yuan/ton (- 121 yuan/ton), and it is expected to gradually compress [1]. 3. Inventory and Operating Rates of Pure Benzene and Styrene - Pure benzene port inventory is 26.00 million tons (+3.60 million tons), and styrene East China port inventory is 146,800 tons (- 13,800 tons), and the East China commercial inventory is 87,800 tons (- 8,600 tons). Pure benzene开工 rate data is not provided, and styrene开工 rate is 68.9% (+1.6%) [1]. 4. Operating Rates and Production Profits of Styrene Downstream - EPS production profit is 191 yuan/ton (+153 yuan/ton), PS production profit is - 9 yuan/ton (+153 yuan/ton), and ABS production profit is - 776 yuan/ton (+89 yuan/ton). EPS开工 rate is 56.36% (+1.61%), PS开工 rate is 59.00% (+1.40%), and ABS开工 rate is 68.30% (- 2.90%) [2]. 5. Operating Rates and Production Profits of Pure Benzene Downstream - Caprolactam production profit is - 360 yuan/ton (+90), phenol - ketone production profit is - 952 yuan/ton (+25), aniline production profit is 848 yuan/ton (+95), and adipic acid production profit is - 1,129 yuan/ton (+59). Caprolactam开工 rate is 79.15% (- 7.53%), phenol开工 rate is 82.00% (+1.00%), aniline开工 rate is 77.23% (+0.04%), and adipic acid开工 rate is 60.00% (+0.60%) [1]. Strategy - Unilateral: None - Basis and Inter - period: Conduct inter - period positive arbitrage for EB2601 - EB2602 at low prices. - Cross - variety: Expand the spread of EB2601 - BZ2603 at low prices [4].

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - Overseas: Before the release of PCE data, market optimism has subsided, and the three major U.S. stock indexes showed mixed results [2]. - Domestic: The market remains in a state of shrinking volume and is in a volatile market with relatively low overall risks [2]. 3. Summary by Relevant Catalogs Market Analysis - Macro: China's Ministry of Commerce announced that the Chinese government is conducting export controls on rare - earth - related items in accordance with laws and regulations. Applications for civilian and compliant exports are approved in a timely manner. President Xi Jinping held talks with French President Macron, emphasizing mutual understanding and support on core interests and major concerns [1]. - Overseas: The number of initial jobless claims in the U.S. last week unexpectedly decreased by 27,000 to 191,000, the lowest level since September 2022. The three major U.S. stock indexes closed with mixed results, with the Nasdaq rising 0.22% to 23,505.14 points [1]. - Stock Indexes: The three major A - share indexes showed divergent trends. The Shanghai Composite Index fell 0.51% to 3878 points, and the ChiNext Index fell 1.12%. Most sector indexes declined. The machinery, electronics, and national defense and military industries led the gains, while the beauty care, social services, commercial retail, and textile and apparel industries led the declines. The trading volume of the Shanghai and Shenzhen stock markets was less than 1.6 trillion yuan [1]. - Futures Market: In the futures market, the basis of IC and IM continued to repair, and the trading volume and open interest of the four major stock index futures decreased simultaneously [1]. Strategy The overseas market's optimism has subsided before the PCE data release. The domestic market maintains a shrinking volume and is in a volatile state with low risks [2]. Macro Economic Charts - The report includes charts showing the relationship between the U.S. dollar index and A - share trends, the U.S. Treasury yield and A - share trends, the RMB exchange rate and A - share trends, and the U.S. Treasury yield and A - share style trends [6][7]. Spot Market Tracking Charts - Table 1 shows the daily performance of major domestic stock indexes on December 4 and 3, 2025, including the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, etc. For example, the Shanghai Composite Index decreased by 0.06% from 3878.00 to 3875.79 [12]. - Charts include the trading volume of the Shanghai and Shenzhen stock markets and the margin trading balance [13]. Stock Index Futures Tracking Charts - Table 2 shows the trading volume and open interest of stock index futures (IF, IH, IC, IM). For example, the trading volume of IF decreased by 5184 to 92574, and the open interest decreased by 3942 to 261904 [16]. - Table 3 shows the basis (futures - spot) of stock index futures for different contracts (current month, next month, current quarter, next quarter). For example, the current - month contract basis of IF is - 15.97 with a change of - 3.12 [40]. - Table 4 shows the inter - delivery spread of stock index futures, including spreads such as next month - current month, next quarter - current month, etc. For example, the next - month - current - month spread of IF is - 18.40 with a change of - 2.40 [46][47]. - Charts include the open interest of different contracts, the latest open - interest ratio, foreign - funded net open - interest quantity, basis, and inter - delivery spread of different stock index futures [17][20][28][30][31][38][41][43][51].

1. Report Industry Investment Rating - No information provided regarding the report industry investment rating. 2. Core Views - No clear core views are presented in the reports. The documents mainly provide data and statistics on various financial instruments and industries, such as stock index futures spreads, futures spreads, precious metals, and container shipping. 3. Summary by Relevant Catalogs Stock Index Futures Spreads - **Price Differences**: The report provides data on the spreads of various stock index futures, including IF, IH, IC, and IM. For example, the IE spot - futures spread was 15.97 with a change of -3.12 compared to the previous day, and the 1 - year and all - time quantiles were 52.40% and 28.60% respectively [1]. - **Inter - period Spreads**: It details inter - period spreads like the difference between the next - month and current - month contracts, and the far - month and next - month contracts for different futures varieties. For instance, in IF, the next - month - current - month spread was -18.40 with a change of -2.40, and the 1 - year and all - time quantiles were 22.10% and 24.70% [1]. - **Cross - variety Ratios**: Cross - variety ratios such as CSI 500/SSE 300, CSI 1000/SSE 300, and IC/IF are presented. For example, the IC/IF ratio was 1.5413 with a change of 0.0030 [1]. Futures Spreads - **IRR and Basis**: Information on the implied repo rate (IRR) and basis of different futures contracts is given. For example, for the 15 - year bond futures, the IRR was 0.0663 on 2025 - 12 - 04 with a change of 0.0054, and the TF basis was 0.9011 on the same date [2]. - **Inter - period Spreads**: Inter - period spreads for different maturities of futures contracts (TS, TF, T, and TL) are provided. For example, the TS next - quarter - current - quarter spread was 0.0340 on 2025 - 12 - 04 with a 1 - year quantile of 25.90% [2]. - **Cross - variety Spreads**: Cross - variety spreads like TS - TF, TS - T, and TF - T are presented. For example, TS - TF was -3.2270 on 2025 - 12 - 04 with a 1 - year quantile of 16.50% [2]. Precious Metals - **Futures and Spot Prices**: Domestic and foreign futures closing prices, as well as spot prices of precious metals (gold, silver, platinum, and palladium) are reported. For example, the AU2602 contract closed at 953.42 yuan/gram on December 4, 2025, down 0.34% from the previous day [3]. - **Basis and Ratios**: Basis data (e.g., gold TD - Shanghai gold futures) and price ratios (e.g., COMEX gold/silver) are provided. For example, the gold TD - Shanghai gold futures basis was -4.98 with a change of 2.18 and a 1 - year quantile of 7.20% [3]. - **Interest Rates, Exchange Rates, and Inventories**: Information on interest rates (10 - year US Treasury bond yield, 2 - year US Treasury bond yield), exchange rates (US dollar index, offshore RMB exchange rate), and inventories (上期所 and COMEX gold and silver inventories, ETF holdings) is included. For example, the 10 - year US Treasury bond yield was 4.11% on December 4, 2025, up 1.2% from the previous day [3]. Container Shipping Industry - **Shipping Indexes**: Settlement price indexes (SCFIS for European and US - West routes), Shanghai export container freight rates (SCFI comprehensive index, SCFI for different routes) are presented. For example, the SCFIS (European route) was 1483.65 points on December 1, 2025, down 9.50% from November 24 [5]. - **Futures Prices and Basis**: Futures prices of container shipping contracts (EC2602, etc.) and the basis of the main contract are provided. For example, the EC2602 (main contract) was 1585.0 points on December 4, 2025, up 2.92% from the previous day, and the basis of the main contract was -101.4, down 79.54% [5]. - **Fundamental Data**: Data on container shipping capacity supply, port - related indicators (port on - time rate, port calls), export amounts, and overseas economic indicators (eurozone PMI, US manufacturing PMI) are included. For example, the global container shipping capacity supply was 3349.44 million TEU on December 4, 2025, with no change from the previous day [5].

Report Summary 1. Report Industry Investment Rating No information about the industry investment rating is provided in the reports. 2. Core Views The reports present daily data on various financial products, including stock index futures, treasury bond futures, precious metals, and container shipping industry. They offer insights into price changes, spreads, and related market indicators, but no overarching core view is explicitly stated. 3. Summary by Category Stock Index Futures - **Price and Spread Data**: On December 4, 2025, data on various stock index futures spreads are presented, including IF, IH, IC, and IM. For example, the IC spot - futures spread was 12.15, with a 1 - year historical percentile of 23.50% [1]. - **Cross - Variety Ratios**: Ratios such as CSI 500/CSI 300, IC/IF, etc., are provided, along with their changes and historical percentiles [1]. Treasury Bond Futures - **Basis and Spread Data**: On December 3, 2025, data on basis and spreads of TS, TF, T, and TL treasury bond futures are given. For instance, the T basis was 1.9644, with a change of - 0.0373 and a historical percentile of 68.60% [2]. - **Cross - Variety Spreads**: Spreads between different treasury bond futures, like TS - TF, TS - T, etc., are presented [2]. Precious Metals - **Price Changes**: Domestic and foreign futures, as well as spot prices of precious metals (gold, silver, platinum, and palladium), are reported. For example, the AU2602 contract closed at 956.70 yuan/gram on December 3, down 1.72 yuan from the previous day [5]. - **Basis and Ratios**: Basis values and price ratios (e.g., COMEX gold/silver) are provided, along with their changes and historical percentiles [5]. - **Interest Rates and Exchange Rates**: Data on 10 - year and 2 - year US Treasury yields, 10 - year TIPS yields, US dollar index, and offshore RMB exchange rate are presented [5]. - **Inventory and Holdings**: Information on inventories of precious metals in domestic and foreign exchanges and ETF holdings is given [5]. Container Shipping Industry - **Index Changes**: SCFIS (European and US West routes) and SCFI (composite, European, US West, and US East) indices are reported, along with their changes and percentage changes [6]. - **Futures Prices and Basis**: Futures prices of EC contracts and the basis of the main contract are presented, along with their changes and percentage changes [6]. - **Fundamental Data**: Data on global container shipping capacity supply, port - related indicators (Shanghai port on - time rate, port calls), monthly export volume, and overseas economic indicators (eurozone PMI, EU consumer confidence index, US manufacturing PMI, OECD leading indicators) are provided [6].

1. Report Industry Investment Rating No information about the industry investment rating is provided in the reports. 2. Core Views No clear core views are presented in the reports. The documents mainly provide various data on different financial products such as stock index futures, bond futures, precious metals, and container shipping. 3. Summary by Relevant Catalogs Stock Index Futures - **Price Difference Data**: On December 1, 2025, the IF spot - futures price difference was -20.86, with a change of 3.45 from the previous day, and the historical 1 - year and full - history percentiles were 44.60% and 22.60% respectively. The IC spot - futures price difference was -57.35, and the IM spot - futures price difference was 73.41. There were also detailed data on cross - period price differences and cross - variety ratios [1]. Bond Futures - **IRR and Basis**: On November 28, 2025, the IRR of TS was 1.5082, with a change of -0.0219 from the previous day, and the percentile since listing was 22.10%. The TF basis was 1.5719, the T basis was 1.4880, and the TL basis was 1.8420. There were also data on cross - period price differences and cross - variety price differences [2]. Precious Metals - **Price Changes**: On November 28, 2025, the domestic AU2602 contract closed at 953.92 yuan/gram, up 0.71% from the previous day; the AG2602 contract closed at 12727 yuan/kilogram, up 1.61%. The foreign COMEX gold and silver futures also had significant price increases. There were also data on spot prices, basis, price ratios, interest rates, exchange rates, inventory, and positions [3]. Container Shipping - **Index and Price Changes**: On November 24, 2025, the SCFIS (European route) was 1639.37 points, up 20.75% from November 17; the SCFIS (US West route) was 1107.85 points, down 10.54%. The Shanghai Export Container Freight Index also had corresponding changes. There were also data on futures prices, basis, and fundamental data such as shipping capacity supply, foreign trade - related indicators, and overseas economic indicators [5].

Report Summary of Multiple Futures 1. General Information - The reports cover multiple futures, including stock index futures, treasury bond futures, precious metal futures, and container shipping futures, with data mainly from November 24 - 27, 2025 [1][2][3][4] 2. Stock Index Futures (SIF) [1] - **Price Differences** - F, H, C, and INMMAR contracts show various changes in spot - futures and inter - period spreads compared to the previous day - For example, F spot - futures spread is - 4.56, with a 23.50% change from the previous day - **Cross - Variety Ratios** - Ratios such as CSI 500 / SSE 300, IC / IF have different values and percentile positions - CSI 500 / SSE 300 is 1.5488, with a 0.0045 change and 73.30% in the past year's percentile 3. Treasury Bond Futures (TBF) [2] - **IRR and Base - Spread** - TS, TF, T, and TL contracts have different implied repo rates (IRR) and base - spreads - TS IRR is 1.7177% on November 25, 2025, with a - 0.0868 change - **Inter - Period and Cross - Variety Spreads** - Different contracts show various inter - period and cross - variety spreads - TS - TF cross - variety spread is - 3.5580 on November 25, 2025 4. Precious Metal Futures (PMF) [3] - **Prices** - Domestic and overseas futures and spot prices have different changes - AU2602 domestic futures contract rose 1.74% from November 24 to 25, while COMEX gold主力 contract fell 0.18% - **Base - Spreads and Ratios** - Gold and silver base - spreads have different values and percentile positions - Gold TD - Shanghai gold主力 base - spread is - 5.81, with a - 1.24 change and 2.40% in the past year's percentile - COMEX gold / silver and SHFE gold / silver ratios also changed 5. Container Shipping Futures (CSF) [4] - **Index and Price** - Shipping indices such as SCFIS and SCFI have different changes - SCFIS (European route) rose 20.75% from November 17 to 24, while SCFI (European) fell 3.53% from November 14 to 21 - Futures prices of EC contracts generally declined, and the base - spread of the main contract increased - **Fundamentals** - Global container shipping capacity supply remained unchanged, while port - related indicators and overseas economic data had different changes - Shanghai port on - time rate increased 14.75% from the previous period, and the eurozone's composite PMI decreased 0.19%

Report Industry Investment Rating - Not provided in the content Core Viewpoints - In the short term, the concentrated arrival of pure benzene in China has led to a rapid increase in port inventories and a weakening of the basis. The domestic production start - up continues to rise, while the downstream start - up is weak. For styrene, port inventories continue to decline due to export boosts and low domestic start - up, but there is a resumption expectation at the end of November. Recently, the increase in pure benzene inventory and the decrease in styrene inventory are conducive to the short - term expansion of the EB - BZ spread [3] Summary by Directory 1. Pure Benzene and EB's Basis Structure and Inter - period Spreads - Figures include pure benzene's main basis, main futures contract price, main contract basis, spot - M2 paper cargo spread, and the spread between the first and third contracts. Also, EB's main contract trend and basis, main contract basis, and the spread between the first and third contracts are presented [7][10][15] 2. Production Profits and Internal - External Spreads of Pure Benzene and Styrene - Figures cover naphtha processing fees, the difference between pure benzene FOB Korea and naphtha CFR Japan, styrene non - integrated device production profits, the difference between pure benzene FOB US Gulf and FOB Korea, the difference between pure benzene FOB US Gulf and CFR China, the difference between pure benzene FOB Rotterdam and CFR China, pure benzene import profits, styrene import profits, the difference between styrene FOB US Gulf and CFR China, and the difference between styrene FOB Rotterdam and CFR China [18][21][36] 3. Inventories and Start - up Rates of Pure Benzene and Styrene - Figures show pure benzene's East China port inventory, start - up rate, styrene's East China port inventory, start - up rate, East China commercial inventory, and factory inventory [38][40][43] 4. Start - up and Production Profits of Styrene's Downstream - Figures present the start - up rates and production profits of EPS, PS, and ABS [49][51][52] 5. Start - up and Production Profits of Pure Benzene's Downstream - Figures include the start - up rates and production profits of caprolactam, phenol - ketone, aniline, adipic acid, PA6 regular spinning bright, nylon filament, bisphenol A, PC, epoxy resin E - 51, pure MDI, and polymer MDI [58][64][82]

Report Industry Investment Rating No relevant content provided. Core View of the Report No explicit core view is presented in the provided reports. The reports mainly offer data on various financial products such as stock index futures, bond futures, precious metals, and container shipping, including prices, price changes, and historical quantiles. Summary by Relevant Catalogs Stock Index Futures Spread Daily Report - **Price and Spread Data**: The report provides current values, changes from the previous day, 1 - year historical quantiles, and all - time historical quantiles for various stock index futures price spreads, including IF, IH, IC, and IM. For example, the IF spot - futures spread is - 27.74, with a 15.60% change from the previous day [1]. - **Cross - variety Ratios**: It also presents cross - variety ratios such as CSI 200/CSI 300, CSI 500/CSI 300, etc., along with their current values, changes, and historical quantiles [1]. Bond Futures Spread Daily Report - **Basis and Spread Data**: The report shows basis data for TS, TF, T, and TL bond futures, including current values, changes from the previous day, and historical quantiles since listing. For instance, the TS basis is 1.3494, with a 0.0020 change from the previous day [2]. - **Cross - period and Cross - variety Spreads**: It provides cross - period spreads (e.g., current quarter - next quarter) and cross - variety spreads (e.g., TS - TF) for different bond futures, along with their values, changes, and historical quantiles [2]. Precious Metals Spot - Futures Daily Report - **Price Data**: The report includes domestic and foreign futures closing prices, spot prices, basis, gold - to - silver ratios, interest rates, exchange rates, inventory, and positions for precious metals (gold and silver). For example, the AU2512 contract closed at 953.20 on November 14, down 0.83% from the previous day [3]. - **Basis and Ratio Changes**: It shows changes in basis and gold - to - silver ratios, such as the gold TD - Shanghai gold main contract basis being - 5.22, with a - 2.67 change [3]. Container Shipping Industry Spot - Futures Daily Report - **Index and Price Data**: The report provides settlement price indices for container shipping (SCFIS for European and US - West routes), Shanghai export container freight rates, futures prices, and basis for container shipping contracts. For example, the SCFIS (European route) settlement price index was 1504.80 on November 10, up 24.50% from November 3 [5]. - **Fundamental Data**: It includes fundamental data such as global container shipping capacity supply, port - related indicators (quasi - on - time rate, port calls), monthly export amounts, and overseas economic indicators (PMI, consumer confidence index) [5].

Report 1: Stock Index Futures Spread Daily Report Core View The report presents the latest values, changes from the previous day, historical 1 - year percentiles, and full - historical percentiles of various stock index futures spreads, including price - spread, inter - period spread, and cross - variety ratio [1]. Summary by Category - **Price - spread**: The positive price - spread is - 22.60 with a change of 8.05. For different varieties like IF, IH, IC, and IM, their price - spreads and changes are detailed, such as IC price - spread being - 99.32 with a change of 22.02 [1]. - **Inter - period spread**: Various inter - period spreads like next - month minus current - month, far - month minus near - month are given for different futures varieties. For example, for IF, the next - month minus current - month is - 13.00 with a change of 1.20 [1]. - **Cross - variety ratio**: Ratios such as CSI 500/CSI 300, IC/IF are presented, along with their changes and percentiles. For instance, the IC/IF ratio is 1.5514 with a change of - 0.0051 [1]. Report 2: Treasury Bond Futures Spread Daily Report Core View The report shows the latest values, changes from the previous trading day, and percentiles since listing of IRR, basis, inter - period spread, and cross - variety spread of different treasury bond futures [2]. Summary by Category - **Basis**: The basis values of TS, TF, T, and TL futures are provided, along with their changes and percentiles. For example, the T basis is 1.8116 with a change of 0.0822 [2]. - **Inter - period spread**: Inter - period spreads like current - quarter minus next - quarter, current - quarter minus far - quarter are detailed for different futures. For example, for TS, the current - quarter minus next - quarter is 0.0480 with a change of 0.0060 [2]. - **Cross - variety spread**: Cross - variety spreads such as TS - TF, TS - T are given. For example, the TS - TF spread is - 3.4690 with a change of 0.0570 [2]. Report 3: Precious Metals Spot - Futures Daily Report Core View The report provides the closing prices of domestic and foreign futures, spot prices, basis, ratio, interest rate, exchange rate, inventory, and position data of precious metals, along with their changes and percentiles [4]. Summary by Category - **Futures and Spot Prices**: Domestic futures closing prices of AU2512 and AG2512, foreign futures closing prices of COMEX gold and silver, and spot prices of London gold and silver, Shanghai Gold Exchange T + D are presented with their changes. For example, the AU2512 contract price is 917.80 with a change of 5.54 [4]. - **Basis**: The basis values of gold and silver in different markets like gold TD - Shanghai gold main contract, London gold - COMEX gold are given, along with their changes and percentiles [4]. - **Ratio**: Ratios such as COMEX gold/silver, Shanghai Futures Exchange gold/silver are provided with their changes [4]. - **Interest Rate and Exchange Rate**: Data on 10 - year US Treasury yield, 2 - year US Treasury yield, etc., and exchange rates like the US dollar index and offshore RMB exchange rate are presented with their changes [4]. - **Inventory and Position**: Inventory data of Shanghai Futures Exchange and COMEX for gold and silver, and position data of ETFs are given with their changes [4]. Report 4: Container Shipping Industry Spot - Futures Daily Report Core View The report offers settlement price indices, futures prices, basis, fundamental data including supply, foreign - trade related indicators, and overseas economic data of the container shipping industry [6]. Summary by Category - **Settlement Price Index**: SCFIS for European and US - West routes, and Shanghai Export Container Freight Index for different routes are presented with their changes. For example, the SCFIS (European route) is 1208.71 with a change of - 104.0 [6]. - **Futures Price and Basis**: Futures prices of different contracts like EC2602, EC2512 (main contract), and the basis of the main contract are given with their changes [6]. - **Fundamental Data**: Global container shipping capacity supply, Shanghai port - related indicators (quasi - punctuality rate, berthing situation), monthly export amount, and overseas economic indicators (euro - zone PMI, EU consumer confidence index) are provided with their changes [6].