| 投资咨询业务资格:证监许可【2011】1292号 | 国债期货价差日报 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 2025年9月17日 | | | | | | 熊客健 Z0019608 | | 种类 | 日期 | 品种 | IRR (%) | 最新值 | 较前一交易日变化 | 上市以来百分位数 | | | 2025-09-16 | TS基差 | 1.5336 | -0.0395 | -0.0153 | 22.80% | | 基差 | 2025-09-16 | TF基差 | 1.4287 | -0.0011 | -0.0083 | 35.50% | | | 2025-09-16 | T其光 | 1.3601 | 0.2948 | -0.0357 | 46.70% | | | 2025-09-16 | TL 基元 | 1.1420 | 0.5577 | 0.1843 | 29.40% | | | 2025-09-16 | 当李-下空 | | 0.0660 | 0.0060 | 38.70% | | TS跨期价差 | 2025-09-16 ...

1. Report Information - Report Title: Asphalt Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: September 16, 2025 [3] 2. Core Data Futures Data - Futures Contracts: The closing price of the BU main contract on September 15 was 3393, up 25 from the previous day and down 44 week - on - week. Other contracts (BU06, BU09, BU12, BU03) also showed different price changes [4]. - Trading Volume: The trading volume on September 15 was 287,556, down 70,217 from the previous day and down 112,818 week - on - week [4]. - Open Interest: The open interest on September 15 was 415,168, down 19,777 from the previous day and down 33,884 week - on - week [4]. - Futures Inventory: The futures inventory on September 15 was 25,590, down 700 from the previous day and down 1300 week - on - week [4]. Spot Data - Market Prices: The spot prices of asphalt in different regions (Shandong, East China, South China, North China, Northeast China) showed different trends. For example, the Shandong market price was 3520 on September 15, down 10 from the previous day and down 10 week - on - week [4]. - Price Spreads: The price spreads between different regions (Shandong - East China, Shandong - Northeast, East China - South China) also changed. For example, the Shandong - East China spread was - 120 on September 15, down 10 from the previous day and up 50 week - on - week [4]. Basis and Calendar Spread - Basis: The basis of different regions (Shandong, East China, South China) showed different changes. For example, the Shandong basis was 127 on September 15, down 35 from the previous day and up 34 week - on - week [4]. - Calendar Spread: The calendar spreads between different contract months (03 - 06, 06 - 09, 09 - 12, 12 - 03) also changed. For example, the 06 - 09 spread was - 42 on September 15, up 68 from the previous day and up 87 week - on - week [4]. Crack Spread and Profit - Crack Spread: The asphalt Brent crack spread was 38 on September 15, down 41 from the previous day and down 78 week - on - week [4]. - Profits: The profits of different types of refineries (asphalt Marrow profit, ordinary refinery comprehensive profit, Marrow - type refinery comprehensive profit) and import profits (South Korea - East China, Singapore - South China) all showed different degrees of change [4]. Related Prices - Brent Crude Oil: The price of Brent crude oil on September 15 was 67.0, up 0.6 from the previous day and up 1.0 week - on - week [4]. - Other Related Products: The prices of gasoline, diesel, and residue oil in the Shandong market also had different trends [4].

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core View of the Report - The LPG market is expected to remain weak overall. The cheapest delivery location is Shandong, where the supply is abundant due to incoming resources, while the chemical demand is declining [1]. 3) Summary According to Relevant Information Price and Basis - **Domestic Prices**: On September 17, 2025, the prices in East China were 4499 (-5), in Shandong were 4540 (+10), and in South China were 4550 (+10). The price of ether - post - carbon four was 4720 (-70). The lowest delivery location was East China [1]. - **Basis and Spreads**: The basis of the PG main contract weakened to 51 (-74). The 10 - 11 month spread was 49 (-20), and the 11 - 12 month spread was 62 (+3) [1]. - **External Prices**: FEI and CP were 561 (+3) and 552 (+2) dollars/ton respectively. The FEI month spread decreased slightly to -5, and the CP month spread decreased to -11. The external prices increased, with the FEI month spread +1, the MB month spread unchanged, and the CP month spread -2.5 [1]. - **Internal - External Price Difference**: The internal - external price difference decreased slightly. PG - CP was 75 (-3); PG - FEI was 67.6 (-9.3). FEI - CP was 7.5 (+6.5). The US - Asia arbitrage window was closed [1]. Inventory and Demand - **Inventory**: Port inventory and factory inventory both increased. Incoming shipments decreased, while outward shipments increased slightly, but demand narrowed [1]. - **Demand**: Chemical demand declined. The PDH operating rate was 70.49% (-2.61). The operating rates of alkylation and MTBE both decreased [1]. Profitability - **Production Profits**: The profit of PDH to produce PP continued to weaken, and the production gross margins of alkylated oil and MTBE were low [1]. Freight - Freight rates continued to rise. The latest freight from the US Gulf to Japan was 155 (+11), and from the Middle East to the Far East was 82 (+7) [1].

Report Industry Investment Rating - Not provided in the content Core Views - The port inventory pressure of methanol remains high, but after the resumption of downstream MTO Xingxing, the port basis has slightly bottomed out and rebounded, and the port inventory accumulation rate may slow down, but the arrival pressure is still large, and the subsequent changes mainly depend on when the Iranian winter inspection plan will be announced [2] - The lowest point of coal - based methanol start - up in the inland has passed, but it will not return to a high level until the second half of the month; the inventory of inland methanol factories is still low, and the overall situation is that the inland is stronger than the port. The port back - to - inland window is an important variable supporting the lower limit of port prices [3] Summary by Relevant Catalogs I. Methanol Basis & Inter - period Structure - The report shows multiple figures related to methanol basis, including methanol Taicang basis and methanol main contract, and methanol basis in different regions relative to the main futures contract, as well as the price differences between different methanol futures contracts [7][9][22] II. Methanol Production Profit, MTO Profit, Import Profit - The figures in this part cover the production profit of Inner Mongolia coal - based methanol, the profit of East China MTO (PP&EG type), the import price difference between Taicang methanol and CFR China, and the price differences between CFR Southeast Asia, FOB US Gulf, FOB Rotterdam and CFR China [26][27][31] III. Methanol Start - up, Inventory - The figures present the total port inventory of methanol, MTO/P start - up rate (including integration), inland factory sample inventory, and China's methanol start - up rate (including integration) [34][35][37] IV. Regional Price Differences - The figures display the price differences between different regions such as Lubei - Northwest, East China - Inner Mongolia, Taicang - Lunan, etc [39][47][50] V. Traditional Downstream Profits - The figures include the production gross profit of Shandong formaldehyde, Jiangsu acetic acid, Shandong MTBE isomerization etherification, and Henan dimethyl ether [51][56][58]

Report Industry Investment Rating - Not provided Core Viewpoints - International oil prices rebounded, and propane prices continued to rise, providing cost - side support for a slight rebound in the polyolefin market. Upstream supply is expected to remain at a high level, but there is significant inventory pressure. Downstream demand is in a seasonally improving phase, with overall downstream factory operating rates rising slightly, but the fundamental situation remains weak [3] Summary by Directory 1. Polyolefin Basis Structure - L主力合约收盘价为7232元/吨（+63），PP主力合约收盘价为6966元/吨（+53），LL华北现货为7160元/吨（+10），LL华东现货为7170元/吨（+0），PP华东现货为6800元/吨（+0），LL华北基差为 - 72元/吨（-53），LL华东基差为 - 62元/吨（-63），PP华东基差为 - 166元/吨（-53） [1] 2. Production Profit and Operating Rate - PE开工率为78.0%（-2.5%），PP开工率为76.8%（-3.1%）；PE油制生产利润为277.0元/吨（-69.2），PP油制生产利润为 - 333.0元/吨（-69.2），PDH制PP生产利润为 - 271.2元/吨（+64.0） [1] 3. Polyolefin Non - Standard Price Difference - Not provided in the summarized content 4. Polyolefin Import and Export Profits - LL进口利润为 - 101.2元/吨（-22.4），PP进口利润为 - 471.2元/吨（+40.4），PP出口利润为27.7美元/吨（+0.3） [1] 5. Polyolefin Downstream Operating Rates and Downstream Profits - PE下游农膜开工率为24.1%（+3.9%），PE下游包装膜开工率为51.3%（+0.8%），PP下游塑编开工率为43.1%（+0.4%），PP下游BOPP膜开工率为61.6%（+0.1%） [2] 6. Polyolefin Inventory - Upstream and mid - stream inventory pressure is large, but specific inventory data is not provided in the summarized content [3] Strategies - Unilateral: Neutral; - Inter - delivery: 01 - 05 reverse spread; - Inter - variety: Long L - P [4]

Group 1: Core View - Domestic PTA installations are gradually resuming, leading to an increase in domestic PTA production and a rapid decline in PTA basis. OPEC+ will consider increasing oil production again at Sunday's meeting. The spread between PX and naphtha remains stable. With recent improvements in sales and inventory reduction, especially significant inventory reduction in filaments, downstream profits have been significantly restored, and the operating load of polyester has rebounded to 91%. However, due to the decline in crude oil prices and the weakening of the basis, PTA has shown weak performance [2] Group 2: Market Data Summary PTA and MEG - PTA spot price increased from 4575 to 4600, with a change of 25.00; MEG domestic price decreased from 4386 to 4378, with a change of -8.00. PTA closing price rose from 4648 to 4672, a change of 24.00; MEG closing price increased from 4272 to 4288, a change of 16.00 [2] Short Fiber - 1.4D direct-spun polyester staple fiber rose from 6520 to 6535, with a change of 15.00; short fiber basis increased from 90 to 102, a change of 12.00; 10 - 11 spread decreased from 6 to 4, a change of -2.00; polyester staple fiber cash flow increased from 240 to 246, a change of 6.00; 1.4D imitation large chemical fiber decreased from 5700 to 5650, a change of -50.00; the spread between 1.4D direct-spun and imitation large chemical fiber increased from 820 to 885, a change of 65.00 [2] Bottle Chip - Polyester bottle chip prices in the Jiangsu and Zhejiang markets were in the range of 5820 - 5880 yuan/ton, with the average price rising by 15 yuan/ton compared to the previous working day. The spot processing fee of bottle chips decreased from 469 to 422, a change of -46.70 [2] Others - T32S pure polyester yarn price remained unchanged at 10300; T32S pure polyester yarn processing fee decreased from 3780 to 3765, a change of -15.00; cotton 328 price increased from 14950 to 15005, a change of 55.00; polyester-cotton yarn profit decreased from 1296 to 1265, a change of -30.73; the price of virgin three-dimensional hollow (with silicon) decreased from 7095 to 7050, a change of -45.00; the cash flow of hollow staple fiber 6 - 15D decreased from 514 to 450, a change of -63.69; the price of virgin low-melting staple fiber remained unchanged at 7430 [2] Load and Production and Sales - The weekly load of direct-spun staple fiber increased from 90.60% to 91.10%, a change of 0.01; the production and sales of polyester staple fiber decreased from 64.00% to 51.00%, a change of -13.00%; the weekly start-up rate of polyester yarn increased from 62.00% to 62.80%, a change of 0.01; the weekly load index of recycled cotton-type fiber increased from 49.00% to 49.50%, a change of 0.01 [3]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - PTA: Domestic PTA plants are gradually resuming operation, leading to an increase in domestic PTA production and a rapid decline in PTA basis. OPEC+ increased oil production again at the meeting. Downstream profits have significantly recovered, and the operating load of polyester has rebounded to 91% [2]. - Ethylene Glycol (MEG): The basis of ethylene glycol has weakened. The upcoming commissioning of Yulong Petrochemical's ethylene glycol plant is putting pressure on the futures market. Although the arrival of overseas ethylene glycol plants has decreased, the increase in hedging positions after the price recovery. Polyester inventory is performing well, and the downstream weaving load has increased [2]. 3. Summary by Relevant Catalogs a. Market Data - **Crude Oil**: INE crude oil price rose slightly from 475.3 yuan/barrel on September 12, 2025, to 488.1 yuan/barrel on September 15, 2025 [2]. - **PX**: CFR China PX price increased from 832 to 836, and the PX - naphtha spread widened by 4 to 238 [2]. - **PTA**: The main PTA futures price rose from 4648 yuan/ton to 4672 yuan/ton, and the spot price increased from 4575 yuan/ton to 4600 yuan/ton. Both spot and futures processing fees showed slight increases [2]. - **MEG**: The main MEG futures price rose from 4272 yuan/ton to 4288 yuan/ton. The spot price in Zhangjiagang's ethylene glycol market increased, and the basis weakened [2]. - **Polyester Filament**: Prices of POY, FDY, and DTY decreased, and their cash flows also declined. The production - sales ratio of long - filament increased by 11% to 53% [2]. - **Polyester Staple Fiber**: The price of 1.4D direct - spinning polyester staple fiber increased slightly, and the production - sales ratio decreased by 6% to 50% [2]. - **Polyester Chip**: The price of semi - bright chips decreased slightly, and the production - sales ratio increased by 31% to 80% [2]. b. Operating Rates - PX operating rate remained unchanged at 87.16%, PTA operating rate was stable at 78.25%, MEG operating rate increased by 1.32% to 62.20%, and polyester load increased by 0.53% to 88.78% [2]. c. Device Maintenance An East China 2.5 million - ton PTA plant restarted last weekend after a shutdown for maintenance around August 26 [2].

1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core View of the Report - The report presents the daily arbitrage data of various futures varieties of Baocheng Futures on September 16, 2025, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures [1][5][21][27][39][50]. 3. Summary by Directory 3.1 Power Coal - The report shows the basis and spread data of power coal from September 9 to September 15, 2025. The basis on September 15 was - 115.4 yuan/ton, while the spreads of 5 - 1, 9 - 1, and 9 - 5 were all 0 [2]. 3.2 Energy Chemicals 3.2.1 Energy Commodities - Data on the basis, ratio, and other indicators of energy commodities such as fuel oil, crude oil, and asphalt from September 9 to September 15, 2025 are presented. For example, the basis of INE crude oil on September 15 was 99.61 yuan/ton, and the ratio of crude oil to asphalt was 0.1408 [7]. 3.2.2 Chemical Commodities - The basis, spread, and cross - variety spread data of chemical commodities such as rubber, methanol, PTA, LLDPE, V, and PP are provided. For instance, the basis of rubber on September 15 was - 995 yuan/ton, and the LLDPE - PVC spread on September 15 was 2304 yuan/ton [9][10]. 3.3 Black Metals - Cross - period and cross - variety spread data of black metals including rebar, iron ore, coke, and coking coal are given. For example, the 5 - 1 cross - period spread of rebar was 65.0 yuan/ton, and the screw/ore ratio on September 15 was 3.92 [20]. 3.4 Non - Ferrous Metals 3.4.1 Domestic Market - The domestic basis data of non - ferrous metals such as copper, aluminum, zinc, lead, nickel, and tin from September 9 to September 15, 2025 are presented. For example, the basis of copper on September 15 was 10 yuan/ton [28]. 3.4.2 London Market - Data on LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss of LME non - ferrous metals on September 15, 2025 are provided. For example, the LME spread of copper was (61.93), and the Shanghai - London ratio was 8.02 [34]. 3.5 Agricultural Products - The basis, cross - period, and cross - variety spread data of agricultural products such as soybeans, soybean meal, soybean oil, corn, and rapeseed meal are provided. For example, the basis of soybeans on September 15 was 121 yuan/ton, and the soybean/corn ratio on September 15 was 1.81 [39]. 3.6 Stock Index Futures - The basis and cross - period spread data of stock index futures including CSI 300, SSE 50, CSI 500, and CSI 1000 from September 9 to September 15, 2025 are presented. For example, the basis of CSI 300 on September 15 was 5.26, and the next - month - to - current - month spread was - 9.2 [51].

1. Report Industry Investment Ratings No information regarding industry investment ratings is provided in the reports. 2. Core Views of the Reports 2.1 Fats and Oils Industry - Palm oil: Malaysian crude palm oil futures may gradually rebound and reach 4,500 ringgit, and then start an upward trend. Domestic palm oil futures will remain range - bound and may follow the Malaysian trend to rise later, with a view of near - term weakness and long - term strength [1]. - Soybean oil: Analysts expect the NOPA member's soybean oil inventory in August 2025 to drop by 5.8% compared to July. In China, downstream consumption has increased, but overall demand is down year - on - year, and soybean supply is sufficient, resulting in a situation of both long and short factors. Currently, soybean oil supply is abundant, and the basis price fluctuates narrowly [1]. 2.2 Corn and Corn Starch Industry - In the short term, the corn market has a loose supply - demand situation, and the futures price will fluctuate weakly. In the medium term, it will remain weak, and investors are advised to be cautious about short - selling [2]. 2.3 Sugar Industry - ICE raw sugar prices are expected to maintain a bottom - oscillating pattern between 15 - 17 cents per pound. Domestic sugar futures may stabilize around 5,500 due to the raw sugar rebound, but the rebound space is limited, and a strategy of short - selling on rallies is recommended [6]. 2.4 Cotton Industry - In the short term, domestic cotton prices may oscillate within a range, and after the new cotton is listed, prices will face pressure [7]. 2.5 Egg Industry - Egg prices may rise to the annual high due to increased demand from traders, but the high inventory and cold - storage egg release may limit the increase. After traders finish restocking next week, egg prices in some areas may decline slightly [9]. 2.6 Meal Industry - The supply - weak demand pattern of US soybeans continues to suppress the price. Brazilian premiums are strong, providing cost support for the domestic market. In China, concerns about future supply are alleviated, and the soybean meal inventory of oil mills has returned to a high level. The cost support for domestic meals is strong, and the 01 contract is expected to operate in the range of 3,050 - 3,150 [11]. 2.7 Pig Industry - The spot price of pigs is under pressure due to increased slaughter, but the decline space is limited. Demand is slowly recovering, but it is uncertain whether it can absorb the supply. After a short - term rebound, there may be further downside potential, and both futures and spot prices are expected to continue to bottom - out [13][14]. 3. Summary by Related Catalogs 3.1 Fats and Oils Industry 3.1.1 Price Changes - Soybean oil: The spot price in Jiangsu remained unchanged at 8,610 yuan/ton; the futures price of Y2601 increased by 28 yuan to 8,076 yuan/ton, with a 0.72% increase; the basis of Y2601 decreased by 28 yuan to 534 yuan/ton, a 9.80% decline [1]. - Palm oil: The spot price in Guangdong remained at 9,320 yuan/ton; the futures price of P2601 increased by 112 yuan to 9,174 yuan/ton, a 1.24% increase; the basis of P2601 decreased by 112 yuan to 146 yuan/ton, a 43.41% decline [1]. - Rapeseed oil: The spot price in Jiangsu decreased by 100 yuan to 9,940 yuan/ton; the futures price of Ol601 increased by 15 yuan to 9,511 yuan/ton, a 0.16% increase; the basis of Ol601 decreased by 115 yuan to 429 yuan/ton, a 21.14% decline [1]. 3.1.2 Spread Changes - Soybean oil inter - delivery spread 01 - 05 decreased by 4 yuan to 300 yuan/ton, a 1.32% decline; palm oil inter - delivery spread 01 - 05 increased by 14 yuan to 248 yuan/ton, a 5.98% increase; rapeseed oil inter - delivery spread 01 - 05 increased by 28 yuan to 380 yuan/ton, a 7.76% increase [1]. 3.2 Corn and Corn Starch Industry 3.2.1 Corn - The futures price of corn 2511 decreased by 30 yuan to 2,167 yuan/ton, a 1.37% decline; the basis increased by 30 yuan to 143 yuan/ton, a 26.55% increase; the 11 - 3 spread decreased by 19 yuan to - 5 yuan/ton, a 135.71% decline [2]. 3.2.2 Corn Starch - The futures price of corn starch 2511 decreased by 31 yuan to 2,443 yuan/ton, a 1.25% decline; the basis increased by 31 yuan to 117 yuan/ton, a 36.05% increase; the 11 - 3 spread decreased by 19 yuan to - 42 yuan/ton, an 82.61% decline [2]. 3.3 Sugar Industry 3.3.1 Futures Market - The futures price of sugar 2601 increased by 9 yuan to 5,517 yuan/ton, a 0.16% increase; the 1 - 5 spread remained unchanged at 23 yuan/ton; the main contract's open interest decreased by 2,891 lots to 381,607 lots, a 0.75% decline; the number of warehouse receipts decreased by 274 lots to 11,325 lots, a 2.36% decline [6]. 3.3.2 Spot Market - The spot price in Nanning and Kunming remained unchanged. The Nanning basis decreased by 9 yuan to 364 yuan/ton, a 2.41% decline; the Kunming basis decreased by 9 yuan to 329 yuan/ton, a 2.66% decline [6]. 3.3.3 Industry Situation - National sugar production increased by 119.89 million tons to 1,116.21 million tons, a 12.03% increase; sales increased by 114 million tons to 1,000 million tons, a 12.87% increase; the national sales ratio increased by 0.66 percentage points to 89.60%; the industrial inventory increased by 5.78 million tons to 116 million tons, a 5.24% increase [6]. 3.4 Cotton Industry 3.4.1 Futures Market - The futures price of cotton 2605 increased by 30 yuan to 13,850 yuan/ton, a 0.22% increase; the futures price of cotton 2601 increased by 22 yuan to 13,882 yuan/ton, a 0.18% increase; the 5 - 1 spread increased by 5 yuan to - 35 yuan/ton; the main contract's open interest decreased by 8,077 lots to 498,295 lots, a 1.60% decline; the number of warehouse receipts decreased by 118 lots to 4,899 lots, a 2.35% decline [7]. 3.4.2 Spot Market - The Xinjiang arrival price of 3128B decreased by 15 yuan to 15,167 yuan/ton; the CC Index: 3128B increased by 1 yuan to 15,249 yuan/ton; the FC Index:M: 1% increased by 17 yuan to 13,388 yuan/ton [7]. 3.4.3 Industry Situation - Commercial inventory decreased by 33.85 million tons to 148.17 million tons, an 18.6% decline; industrial inventory decreased by 3.19 million tons to 89.23 million tons, a 3.5% decline; imports increased by 2 million tons to 5 million tons, a 66.7% increase [7]. 3.5 Egg Industry - The futures price of the egg 11 - contract increased by 103 yuan to 3,143 yuan per 500 kg, a 3.39% increase; the futures price of the egg 10 - contract increased by 103 yuan to 3,126 yuan per 500 kg, a 3.41% increase; the basis increased by 19 yuan to 515 yuan per 500 kg, a 3.81% increase [9]. 3.6 Meal Industry 3.6.1 Soybean Meal - The spot price of Jiangsu soybean meal decreased by 20 yuan to 3,030 yuan/ton, a 0.66% decline; the futures price of M2601 decreased by 37 yuan to 3,042 yuan/ton, a 1.20% decline; the basis increased by 17 yuan to - 12 yuan/ton, a 58.62% increase [11]. 3.6.2 Rapeseed Meal - The spot price of Jiangsu rapeseed meal decreased by 50 yuan to 2,600 yuan/ton, a 1.89% decline; the futures price of RM2601 decreased by 27 yuan to 2,504 yuan/ton, a 1.07% decline; the basis increased by 23 yuan to 96 yuan/ton, a 31.94% increase [11]. 3.7 Pig Industry 3.7.1 Futures Market - The futures price of the main pig contract increased by 20 yuan to 13,275 yuan/ton, a 0.15% increase; the 11 - 1 spread decreased by 35 yuan to - 470 yuan/ton, an 8.05% decline; the main contract's open interest increased by 2,009 lots to 81,062 lots, a 2.54% increase [13]. 3.7.2 Spot Market - The spot price in Henan decreased by 150 yuan to 13,300 yuan/ton; in Shandong, it decreased by 250 yuan to 13,300 yuan/ton; in Sichuan, it decreased by 300 yuan to 13,050 yuan/ton; in Liaoning, it decreased by 200 yuan to 12,900 yuan/ton [13].

| 股指期货价差日报 | 投资咨询业务资格:证监许可【2011】1292号 | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Z0016628 | 叶倩宁 | 2025年9月15日 | 历史1年分位数 | 全历史分位数 | | | | | | | | | | | | | 品种 | 最新值 | 较前一日变化 | 价去 | 66.30% | F期现价差 | 1.20 | -12.76 | 74.50% | | | | | | | | | H期视价差 | 0.06 | -7.06 | 53.60% | 57.30% | 朗现价差 | IC期现价差 | -9.64 | -7.75 | 85.20% | 72.40% | IM期现价差 | -30.08 | -18.00 | 70.00% | 48.50% | | 次月-当月 | -6.20 | 1.40 | 44.60% | 44.40% | 李月-当月 | - ...