Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - As of the week ending June 12, US soybean export sales are expected to increase by 0 - 600,000 tons, with 0 - 400,000 tons for the 2024 - 2025 season and 0 - 200,000 tons for the 2025 - 2026 season. US soybean meal export sales are expected to increase by 150,000 - 450,000 tons, with 150,000 - 350,000 tons for the 2024 - 2025 season and 0 - 100,000 tons for the 2025 - 2026 season. US soybean oil export sales are expected to increase by 0 - 32,000 tons, with 0 - 22,000 tons for the 2024 - 2025 season and 0 - 10,000 tons for the 2025 - 2026 season [1]. - The estimated soybean production in Argentina for the 2024/2025 season is 4.88 million tons, slightly higher than the previous estimate. The US Department of Agriculture predicts the production to be 4.9 million tons, the same as the May estimate. The Buenos Aires Grain Exchange and the Rosario Grain Exchange currently estimate the production to be 5.03 million tons and 4.85 million tons respectively [1]. - As of now, Argentina's soybean harvest rate has reached 95%, slightly lower than 97% in the same period last year. The weather is expected to be drier in the next two weeks, which will help complete the remaining harvest on time [1]. - In May, China's palm oil imports were 180,000 tons, a year - on - year decrease of 8.4%. From January to May, palm oil imports were 720,000 tons, a year - on - year decrease of 19.6%. In May, China's soybean oil imports were 10,000 tons, a year - on - year decrease of 86.6%. From January to May, soybean oil imports were 30,000 tons, a year - on - year decrease of 75.8%. In May, China's rapeseed oil and mustard oil imports were 110,000 tons, a year - on - year decrease of 20.3%. From January to May, imports were 1.03 million tons, a year - on - year increase of 26.0% [1]. Summary by Related Catalogs Export Sales Forecast - US soybean export sales are expected to increase by 0 - 600,000 tons as of the week ending June 12, with 0 - 400,000 tons for the 2024 - 2025 season and 0 - 200,000 tons for the 2025 - 2026 season [1]. - US soybean meal export sales are expected to increase by 150,000 - 450,000 tons, with 150,000 - 350,000 tons for the 2024 - 2025 season and 0 - 100,000 tons for the 2025 - 2026 season [1]. - US soybean oil export sales are expected to increase by 0 - 32,000 tons, with 0 - 22,000 tons for the 2024 - 2025 season and 0 - 10,000 tons for the 2025 - 2026 season [1]. Argentina's Soybean Production - The estimated soybean production in Argentina for the 2024/2025 season is 4.88 million tons, slightly higher than the previous estimate. The US Department of Agriculture predicts 4.9 million tons, the Buenos Aires Grain Exchange estimates 5.03 million tons, and the Rosario Grain Exchange estimates 4.85 million tons [1]. - As of now, Argentina's soybean harvest rate has reached 95%, slightly lower than 97% in the same period last year. The weather will be drier in the next two weeks, helping to complete the remaining harvest on time [1]. China's Oil Imports - In May, China's palm oil imports were 180,000 tons, a year - on - year decrease of 8.4%. From January to May, imports were 720,000 tons, a year - on - year decrease of 19.6% [1]. - In May, China's soybean oil imports were 10,000 tons, a year - on - year decrease of 86.6%. From January to May, imports were 30,000 tons, a year - on - year decrease of 75.8% [1]. - In May, China's rapeseed oil and mustard oil imports were 110,000 tons, a year - on - year decrease of 20.3%. From January to May, imports were 1.03 million tons, a year - on - year increase of 26.0% [1]. Spot Prices - The spot prices of various oils and meals in different regions from June 12 to June 18, 2025, are presented, including prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [2]. Basis and Spread - Multiple charts show the basis and spread of protein meals and oils, including the basis of soybean meal, rapeseed meal, soybean oil, palm oil, and rapeseed oil at different delivery months in different regions, as well as the price spreads between different varieties and different delivery months [3][5][8].

交易咨询业务资格：证监许可【2012】1091号 沪镍&不锈钢早报—2025年6月19日 大越期货投资咨询部 祝森林 从业资：F3023048 投资咨询证：Z0013626 联系方式：0575-85226759 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投资建议。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 沪镍 每日观点 1、基本面：外盘反弹。产业链上，矿价继续坚挺，主要矿山挺价，但镍铁价格继续下行，国内镍铁企 业亏损程度进一步扩大，减产预期加强，倒逼矿价的可能性更大。不锈钢交易所仓单继续流出，库存上 升，需求偏弱。新能源汽车产销数据较好，电池向（6镍）倾向，有利于镍的需求提升。中长线过剩格 局不变。偏空 2、基差：现货119825，基差1345，偏多 3、库存：LME库存204120，-816，上交所仓单22139，-102，偏空 4、盘面：收盘价收于20均线以下，20均线向下，偏空 5、主力持仓：主力持仓净空，空减，偏空 6、结论：沪镍2507：震荡偏弱运行，重心下移。 不锈钢 每日观点 1、基本面：现货不锈钢价格下 ...

有色金属日报 2025-6-19 五矿期货早报 | 有色金属 铜 有色金属小组 吴坤金 从业资格号：F3036210 交易咨询号：Z0015924 0755-23375135 wukj1@wkqh.cn 曾宇轲 从业资格号：F03121027 0755-23375139 zengyuke@wkqh.cn 张世骄 从业资格号：F03120988 0755-23375122 zhangsj3@wkqh.cn 王梓铧 从业资格号：F03130785 0755-23375132 wangzh7@wkqh.cn 刘显杰 从业资格号：F03130746 0755-23375125 liuxianjie@wkqh.cn 陈逸 从业资格号：F03137504 0755-23375125 cheny40@wkqh.cn 地缘局势边际恶化，美联储议息会议表态偏鹰，铜价震荡下滑，昨日伦铜收跌 0.2%至 9650 美元/吨， 沪铜主力合约收至 78610 元/吨。产业层面，昨日 LME 库存减少 200 至 107350 吨，注册仓单量维持 低位，注销仓单比例下滑至 49.3%，Cash/3M 升水 106 美元/吨。国内方面，昨 ...

白糖日报 软商品日报 2025/06/18 咨询业务资格：沪证监许可【2012】1515号 研报作者：许亮 Z0002220 审核：唐韵 Z0002422 【免责声明 】 本报告基于本公司认为可靠的、已公开的信息编制，但本公司对该等信息的准确性及完整性不作任何保证。本报告所载的意见、结论及预测仅反映报告发布时的观点、结论和 建议。在不同时期，本公司可能会发出与本报告所载意见、评估及预测不一致的研究报告。本公司不保证本报告所含信息保持在最新状态。本公司对本报告所含信息可在不发出通知的情形 下做出修改， 交易者（您）应当自行关注相应的更新或修改。本公司力求报告内容客观、公正，但本报告所载的观点、结论和建议仅供参考，交易者（您）并不能依靠本报告以取代行使 独立判断。对交易者（您）依据或者使用本报告所造成的一切后果，本公司及作者均不承担任何法律责任。本报告版权仅为本公司所有。未经本公司书面许可，任何机构或个人不得以翻 版、复制、发表、引用或再次分发他人等任何形式侵犯本公司版权。如征得本公司同意进行引用、刊发的，需在允许的范围内使用，并注明出处为"东亚期货"，且不得对本报告进行任何有 悖原意的引用、删节和修改。本公司保 ...

豆粕生猪：期现再度分化 豆粕基差回归 朱皓天 zhuhaotian@jsfco.com 期货从业资格号：F03090081 投资咨询从业证书号：Z0016204 一、行情综述 DCE 豆粕主力 2509 合约下跌，最终收盘价较上个交易日下降 0.39%，收于 3062 吨，较 上一个交易日下降 12/吨，沿海主流区域油厂报价上涨 10-50 元/吨，天津 3020 元/吨，较 昨日上涨 30 元/吨，江苏 3010 元/吨，较昨日上涨 20 元/吨，广东 2910 元/吨，较昨日上涨 10 元/吨。DCE 生猪主力 2509 合约随着 20 元/吨，最终收盘价较上个交易日上涨 0.14，收 于 13835/吨，较上一个交易日上涨 10 元/吨。隔夜 CBOT 美豆，主力合约上涨 0.37%收 1074 分/蒲式耳。 二、 主产区天气 1 / 5 表 1：豆粕生猪期货日度数据监测 6 月 13 日美国中西部农业主产区气象预报信息，西部地区周日之前，零星至大范围零 星阵雨。周六之前，南部地区气温接近至高于正常水准;北部地区气温低于正常水平，周日 至下周一，气温高于正常水平。东部地区周日之前，零星阵雨，下周一，零星 ...

Report Overview - Report Date: June 18, 2025 [2] - Report Team: Research Center's Energy and Chemicals Team of ONGAN FUTURES [2] Industry Investment Rating - Not provided Core Viewpoints - This week, the high-sulfur cracking was volatile, with crude oil rising significantly. High-sulfur fuel oil, with a large proportion of Iranian supply, performed well in oil product profits. The 380-month spread was volatile, with the 7 - 8 spread at $11.5, and the basis strengthened. The domestic FU showed a differentiation between near and far months, with the 07 contract falling to around -$5 (it is expected that there will be a large amount of delivery goods), and the 09 contract fluctuating at $9. The Singapore 0.5 cracking declined, the month spread strengthened month-on-month, and the basis strengthened [5]. - This week, Singapore's onshore inventory continued to accumulate, high-sulfur floating storage accumulated, low-sulfur floating storage oscillated at a low level, ARA slightly destocked, floating storage inventory oscillated, Fujairah's onshore inventory accumulated, floating storage significantly accumulated, Saudi Arabia's shipments increased significantly, and Russia's shipments decreased month-on-month. Iran and Iraq accounted for about 15% - 20% of Singapore's high-sulfur imports, mainly affecting some bunkering and refinery feedstock in the Asia-Pacific region and not being eligible for physical delivery on the futures market. It is expected that Iran's shipments will decline in the future due to US sanctions. If the risk event in the Strait of Hormuz escalates, the impact will be greater. Recently, high-sulfur fuel oil is still in the peak power generation season, suppressing the near-month contracts of domestic and international FU, with low valuation and continued gaming. In the future, attention should be paid to the shipping situation in the Middle East, and the large downward driving force for both domestic and international markets has decreased. The production of LU increased month-on-month [6]. Data Summaries Rotterdam Fuel Oil Swap Data (M1) | Product | 2025/06/11 | 2025/06/12 | 2025/06/13 | 2025/06/16 | 2025/06/17 | Change | | --- | --- | --- | --- | --- | --- | --- | | 3.5% HSF | 409.51 | 417.96 | 441.01 | 440.56 | 458.53 | 17.97 | | 0.5% VLS | 461.45 | 468.13 | 487.74 | 480.32 | 500.63 | 20.31 | | HSFO - Brent | -2.98 | -2.76 | -2.60 | -1.20 | -1.72 | -0.52 | | 10ppm Gasoil | 616.64 | 625.97 | 662.68 | 661.89 | 704.24 | 42.35 | | VLSFO - Gasoil | -155.19 | -157.84 | -174.94 | -181.57 | -203.61 | -22.04 | | LGO - Brent | 15.03 | 16.61 | 16.61 | 17.44 | 19.66 | 2.22 | | VLSFO - HSFO | 51.94 | 50.17 | 46.73 | 39.76 | 42.10 | 2.34 | [3] Singapore Fuel Oil Swap Data (M1) | Product | 2025/06/11 | 2025/06/12 | 2025/06/13 | 2025/06/16 | Change | | --- | --- | --- | --- | --- | --- | | 380cst | 415.25 | 429.92 | 459.79 | 470.69 | - | | 180cst | 422.25 | 437.61 | 467.24 | 477.81 | - | | VLSFO | 488.19 | 499.41 | 525.21 | 526.47 | - | | Gasoil | 81.81 | 83.98 | 87.92 | 89.80 | - | | 380cst - Brent | -0.88 | -0.39 | 0.21 | 1.75 | - | | VLSFO - Gasoil | -117.20 | -122.04 | -125.40 | -138.05 | - | [3] Singapore Fuel Oil Spot Data | Product | 2025/06/11 | 2025/06/12 | 2025/06/13 | 2025/06/16 | 2025/06/17 | Change | | --- | --- | --- | --- | --- | --- | --- | | FOB 380cst | 435.55 | 448.16 | 471.75 | 484.57 | 485.00 | 0.43 | | FOB VLSFO | 499.42 | 511.48 | 534.27 | 536.09 | 539.02 | 2.93 | | 380 Basis | 12.95 | 10.25 | 7.80 | 10.40 | 8.03 | -2.37 | | High - Sulfur Domestic - Foreign Spread | 6.8 | 6.2 | 12.2 | 11.0 | 10.5 | -0.5 | | Low - Sulfur Domestic - Foreign Spread | 17.6 | 17.1 | 20.3 | 18.7 | 18.6 | -0.1 | [4] Domestic FU Data | Product | 2025/06/11 | 2025/06/12 | 2025/06/13 | 2025/06/16 | 2025/06/17 | Change | | --- | --- | --- | --- | --- | --- | --- | | FU 01 | 2780 | 2852 | 3048 | 3079 | 3028 | -51 | | FU 05 | 2727 | 2798 | 2986 | 3004 | 2964 | -40 | | FU 09 | 2912 | 2997 | 3205 | 3276 | 3247 | -29 | | FU 01 - 05 | 53 | 54 | 62 | 75 | 64 | -11 | | FU 05 - 09 | -185 | -199 | -219 | -272 | -283 | -11 | | FU 09 - 01 | 132 | 145 | 157 | 197 | 219 | 22 | [4] Domestic LU Data | Product | 2025/06/11 | 2025/06/12 | 2025/06/13 | 2025/06/16 | 2025/06/17 | Change | | --- | --- | --- | --- | --- | --- | --- | | LU 01 | 3414 | 3496 | 3671 | 3695 | 3643 | -52 | | LU 05 | 3348 | 3461 | 3625 | 3620 | 3575 | -45 | | LU 09 | 3524 | 3609 | 3785 | 3829 | 3762 | -67 | | LU 01 - 05 | 66 | 35 | 46 | 75 | 68 | -7 | | LU 05 - 09 | -176 | -148 | -160 | -209 | -187 | 22 | | LU 09 - 01 | 110 | 113 | 114 | 134 | 119 | -15 | [5] Fuel Oil Morning Report Data (2025/06/17) | Product | Value | Change | | --- | --- | --- | | - | 475.20 | 4.51 | | - | 480.95 | 3.14 | | - | 530.09 | 3.62 | | - | 90.67 | 0.87 | | - | 2.10 | 0.35 | | - | -140.87 | -2.82 | [11]

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core View of the Report - The fundamentals of the LPG market are marginally improving but still under pressure, with significant geopolitical risks. It is recommended to operate with caution [1] 3) Summary by Relevant Content a) Price Changes - **Daily Changes**: In the civil gas segment, prices in Shandong remained stable at 4610, increased by 61 to 4677 in East China, and decreased by 30 to 4690 in South China. The price of ether - post carbon four decreased by 20 to 4960. The cheapest deliverable was Shandong civil gas at 4610. The PP price declined, PDH production profit worsened, and FEI production profit was lower than CP. The PG futures price was revised downwards, the basis of the 07 contract increased by 16 to 228, and the 07 - 09 spread decreased by 18 to 160. The US - to - Far - East arbitrage window closed [1] - **Weekly Changes**: Civil gas prices rose significantly, with the cheapest deliverable being East China civil gas at 4603. There were signs of stabilization in Shandong; the market in East China was generally weak due to the expected commissioning of Zhenhai Phase II but improved marginally due to the postponed commissioning of Daxie; the spot market in South China rebounded due to the impact of typhoons on ship arrivals. The PG futures market was strong, the basis of the 07 contract weakened to 221 (-130), and the 07 - 09 spread was 195 (+10). The external market price strengthened significantly, mainly affected by geopolitical factors. In terms of spreads, PG - CP reached 18 US dollars (+27), and FEI - CP reached -19 (+31). Freight rates increased, and the waiting time at the Panama Canal for VLGCs decreased [1] b) Production Profit and Market Conditions - PDH production profit worsened, and FEI production profit was lower than CP. The profitability of alkylated oil decreased significantly, MTBE gas - fractionation etherification profit increased, isomerization etherification profit decreased, and the spreads of FEI - MOPJ and naphtha cracking decreased [1] c) Supply and Demand - **Supply**: Port inventories and factory inventories decreased. Arrivals and external shipments declined, and it is expected that external shipments will increase and arrivals will decrease in the future [1] - **Demand**: Chemical demand improved overall. The operating rate of PDH increased to 64.3%, the operating rate of alkylation increased to 48.18%, and MTBE production increased significantly. With rising temperatures, combustion demand is expected to decline [1] d) Futures Market - The PG futures price was adjusted. The basis of the 07 contract and the 07 - 09 spread changed. The number of registered warehouse receipts was 9005 lots (-335) [1]

Report Industry Investment Rating No relevant content provided. Core Viewpoints No clear core viewpoints are presented in the report. It mainly provides a daily report of arbitrage data for various futures products, including power coal, energy chemicals, black metals, non - ferrous metals, agricultural products, and stock index futures. Summary by Catalog 1. Power Coal - The table shows the basis and spreads of different contract months for power coal from June 11 to June 17, 2025. The basis remains at - 192.4 yuan/ton during this period, and the spreads (5 - 1, 9 - 1, 9 - 5) are all 0.0 [2] 2. Energy Chemicals (1) Energy Commodities - The table presents the basis and ratio data of INE crude oil, fuel oil, and the ratio of crude oil to asphalt from June 11 to June 17, 2025. For example, on June 17, the basis of INE crude oil is - 18.97 yuan/ton, and the ratio of crude oil to asphalt is 0.1450 [6] (2) Chemical Commodities - **Basis**: The basis data of various chemical products (natural rubber, methanol, PTA, LLDPE, PP etc.) are provided from June 11 to June 17, 2025. For instance, on June 17, the basis of natural rubber is - 20 yuan/ton, and that of methanol is 200 yuan/ton [11] - **Inter - period spreads**: The spreads between different contract months (5 - 1, 9 - 1, 9 - 5) for various chemical products are given. For example, for natural rubber, the 5 - 1 spread is 60 yuan/ton, the 9 - 1 spread is - 850 yuan/ton, and the 9 - 5 spread is - 910 yuan/ton [11] - **Inter - commodity spreads**: The spreads between different chemical products (LLDPE - PVC, LLDPE - PP, PP - PVC, PP - 3*methanol) are presented from June 11 to June 17, 2025. On June 17, the LLDPE - PVC spread is 2456 yuan/ton [11] 3. Black Metals - **Basis**: The basis data of rebar, iron ore, coke, and coking coal from June 11 to June 17, 2025 are shown. On June 17, the basis of rebar is 119.0 yuan/ton, and that of iron ore is 92.6 yuan/ton [16] - **Inter - period spreads**: The spreads between different contract months for rebar, iron ore, coke, and coking coal are provided. For example, for rebar, the 10 - 1 spread is 7.0 yuan/ton [16] - **Inter - commodity ratios and spreads**: The ratios (rebar/iron ore, rebar/coke, coke/coking coal) and spreads (rebar - hot - rolled coil) are presented from June 11 to June 17, 2025. On June 17, the rebar/iron ore ratio is 4.26, and the rebar - hot - rolled coil spread is - 112.0 yuan/ton [16] 4. Non - ferrous Metals (1) Domestic Market - **Domestic basis**: The basis data of copper, aluminum, zinc, lead, nickel, and tin in the domestic market from June 11 to June 17, 2025 are given. On June 17, the basis of copper is 270 yuan/ton, and that of aluminum is 100 yuan/ton [24] - **LME market data**: Data including LME spreads, Shanghai - London ratios, CIF prices, domestic spot prices, and import profit and loss for copper, aluminum, zinc, lead, nickel, and tin on June 17, 2025 are provided. For example, the LME spread of copper is 122.77, and the Shanghai - London ratio is 8.11 [30] (2) London Market - Relevant charts show the LME basis, Shanghai - London ratio, and import profit and loss trends for non - ferrous metals [32][33][34] 5. Agricultural Products - **Basis**: The basis data of soybeans (No. 1 and No. 2), soybean meal, soybean oil, rapeseed meal, rapeseed oil, palm oil, corn, sugar, and cotton from June 11 to June 17, 2025 are presented. On June 17, the basis of soybean No. 1 is - 167 yuan/ton, and that of soybean oil is 298 yuan/ton [40] - **Inter - period spreads**: The spreads between different contract months for various agricultural products are given. For example, for soybean No. 1, the 5 - 1 spread is 8 yuan/ton, the 9 - 1 spread is 119 yuan/ton, and the 9 - 5 spread is 111 yuan/ton [40] - **Inter - commodity spreads and ratios**: The spreads (soybean meal - rapeseed meal, soybean oil - palm oil, rapeseed oil - soybean oil, corn - corn starch) and ratios (soybean No. 1/corn, soybean No. 2/corn, soybean oil/soybean meal) from June 11 to June 17, 2025 are presented. On June 17, the soybean meal - rapeseed meal spread is 392 yuan/ton, and the soybean oil/soybean meal ratio is 2.59 [38] 6. Stock Index Futures - **Basis**: The basis data of CSI 300, SSE 50, CSI 500, and CSI 1000 from June 11 to June 17, 2025 are shown. On June 17, the basis of CSI 300 is 1.78, and that of SSE 50 is 3.15 [48] - **Inter - period spreads**: The spreads between different contract months (next month - current month, current quarter - current month, next quarter - current month etc.) for CSI 300, SSE 50, CSI 500, and CSI 1000 are provided. For example, for CSI 300, the next month - current month spread is - 41.6 [48]

| 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6月18日 | 品种 | 最新值 | 历史1年分位数 | 全历史分位数 | | | | | | | | | | | 机关 | 较前一日变化 | 2.22 | IF期现价差 | -1.78 | 65.90% | 55.90% | | | | | | | | | | | H期现价差 | 3.46 | 38.90% | 42.70% | -3.15 | 期现价差 | 89.30% | 81.10% | IC期现价差 | -2.51 | 9.10 | -11.47 | IM期现价差 | 8.59 | 90.00% | 62.70% | | 1.20% | 次月-崇月 | -41.00 | 0.00 | 6.70% | 11.80% | 委員-录 ...

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints of the Report - No explicit core viewpoints provided in the given content. The report mainly presents the price, basis, basis rate, and historical quantile data of various futures and spot products across different industries. 3. Summary by Related Catalogs Ferrous Metals - **Silicon Iron (SF509)**: Spot price is 5428, futures price is 5264, basis is 164, basis rate is 3.12%, and historical quantile is 79.10% [1] - **Silicon Manganese (SM509)**: Spot price is 5720, futures price is 5536, basis is 184, basis rate is 3.32%, and historical quantile is 55.60% [1] - **Rebar (RB2510)**: Spot price is 3090, futures price is 2981, basis is 109, basis rate is 3.66%, and historical quantile is 51.80% [1] - **Hot - Rolled Coil (HC2510)**: Spot price is 3190, futures price is 3093, basis is 97, basis rate is 3.14%, and historical quantile is 55.60% [1] - **Iron Ore (I2509)**: Spot price is 766, futures price is 700, basis is 67, basis rate is 9.64%, and historical quantile is 52.30% [1] - **Coke (J2509)**: Spot price is 1347, futures price is 1366, basis is - 19, basis rate is - 1.36%, and historical quantile is 35.17% [1] - **Coking Coal (JM2509)**: Spot price is 833, futures price is 790, basis is 44, basis rate is 5.51%, and historical quantile is 30.20% [1] Non - Ferrous Metals - **Copper (CU2507)**: Spot price is 78715, futures price is 78570, basis is 145, basis rate is 0.18%, and historical quantile is 56.04% [1] - **Aluminum (AL2507)**: Spot price is 20620, futures price is 20460, basis is 160, basis rate is 0.78%, and historical quantile is 84.58% [1] - **Alumina (AO2509)**: Spot price is 3213, futures price is 2860, basis is 353, basis rate is 12.34%, and historical quantile is 88.54% [1] - **Zinc (ZN2507)**: Spot price is 21940, futures price is 21905, basis is 35, basis rate is 0.16%, and historical quantile is 50.41% [1] - **Tin (SN2507)**: Spot price is 264000, futures price is 263730, basis is 270, basis rate is 0.10%, and historical quantile is 54.79% [1] - **Nickel (NI2507)**: Spot price is 118675, futures price is 118570, basis is 105, basis rate is 0.09%, and historical quantile is 59.58% [1] - **Stainless Steel (SS2508)**: Spot price is 12870, futures price is 12480, basis is 390, basis rate is 3.13%, and historical quantile is 78.75% [1] - **Lithium Carbonate (LC2509)**: Spot price is 60450, futures price is 29860, basis is 590, basis rate is 0.99%, and historical quantile is 54.40% [1] - **Industrial Silicon (SI2509)**: Spot price is 8150, futures price is 7360, basis is 790, basis rate is 10.73%, and historical quantile is 54.01% [1] Precious Metals - **Gold (AU2508)**: Spot price is 782.9, futures price is 785.1, basis is - 2.1, basis rate is - 0.27%, and historical quantile is 38.30% [1] - **Silver (AG2508)**: Spot price is 8831.0, futures price is 8864.0, basis is - 33.0, basis rate is - 0.37%, and historical quantile is 17.80% [1] Agricultural Products - **Soybean Meal (M2509)**: Spot price is 2890, futures price is 3074.0, basis is - 184.0, basis rate is - 5.99%, and historical quantile is 2.80% [1] - **Soybean Oil (Y2509)**: Spot price is 8150, futures price is 7972.0, basis is 178.0, basis rate is 2.23%, and historical quantile is 23.40% [1] - **Palm Oil (P2509)**: Spot price is 8730, futures price is 8446.0, basis is 284.0, basis rate is 3.36%, and historical quantile is 61.40% [1] - **Rapeseed Meal (RM509)**: Spot price is 2570, futures price is 2682.0, basis is - 112.0, basis rate is - 4.18%, and historical quantile is 15.60% [1] - **Rapeseed Oil (OI509)**: Spot price is 9780, futures price is 9583.0, basis is 197.0, basis rate is 2.06%, and historical quantile is 60.80% [1] - **Corn (C2507)**: Spot price is 2370, futures price is 2364.0, basis is 6.0, basis rate is 0.25%, and historical quantile is 50.20% [1] - **Corn Starch (CS2507)**: Spot price is 2700, futures price is 2685.0, basis is 15.0, basis rate is 0.56%, and historical quantile is 15.10% [1] - **Live Hogs (LH2509)**: Spot price is 14250, futures price is 13815.0, basis is 435.0, basis rate is 3.15%, and historical quantile is 51.60% [1] - **Eggs (JD2508)**: Spot price is 2670, futures price is 3545.0, basis is - 875.0, basis rate is - 24.68%, and historical quantile is 0.60% [1] - **Cotton (CF509)**: Spot price is 14762, futures price is 13525.0, basis is 1237.0, basis rate is 9.15%, and historical quantile is 86.90% [1] - **Sugar (SR509)**: Spot price is 6130, futures price is 5691.0, basis is 439.0, basis rate is 7.71%, and historical quantile is 79.90% [1] - **Apples (AP510)**: Spot price is 8600, futures price is 7652.0, basis is 948.0, basis rate is 12.39%, and historical quantile is 69.60% [1] - **Red Dates (CJ509)**: Spot price is 8300, futures price is 8895.0, basis is - 595.0, basis rate is - 6.69%, and historical quantile is 69.70% [1] Energy and Chemicals - **Para - Xylene (PX509)**: Spot price is 7133.8, futures price is 6776.0, basis is 357.8, basis rate is 5.28%, and historical quantile is 98.00% [1] - **PTA (TA509)**: Spot price is 5030.0, futures price is 4782.0, basis is 248.0, basis rate is 5.19%, and historical quantile is 84.10% [1] - **Ethylene Glycol (EG2509)**: Spot price is 4455.0, futures price is 4400.0, basis is 55.0, basis rate is 1.25%, and historical quantile is 82.50% [1] - **Polyester Staple Fiber (PF508)**: Spot price is 6640.0, futures price is 6546.0, basis is 94.0, basis rate is 1.44%, and historical quantile is 69.30% [1] - **Styrene (EB2507)**: Spot price is 7920.0, futures price is 7474.0, basis is 446.0, basis rate is 5.97%, and historical quantile is 87.10% [1] - **Methanol (MA509)**: Spot price is 2590.0, futures price is 2455.0, basis is 135.0, basis rate is 5.50%, and historical quantile is 88.10% [1] - **Urea (UR509)**: Spot price is 1810.0, futures price is 1774.0, basis is 36.0, basis rate is 2.03%, and historical quantile is 22.00% [1] - **LLDPE (L2509)**: Spot price is 7350.0, futures price is 7317.0, basis is 33.0, basis rate is 0.45%, and historical quantile is 28.20% [1] - **PP (PP2509)**: Spot price is 7200.0, futures price is 7125.0, basis is 75.0, basis rate is 1.05%, and historical quantile is 42.40% [1] - **PVC (V2509)**: Spot price is 4750.0, futures price is 4833.0, basis is - 83.0, basis rate is - 1.72%, and historical quantile is 58.90% [1] - **Caustic Soda (SH209)**: Spot price is 2593.8, futures price is 2273.0, basis is 320.8, basis rate is 14.11%, and historical quantile is 83.30% [1] - **LPG (PG2507)**: Spot price is 4698.0, futures price is 4382.0, basis is 316.0, basis rate is 7.21%, and historical quantile is 51.60% [1] - **Asphalt (BU2509)**: Spot price is 3800.0, futures price is 3644.0, basis is 156.0, basis rate is 4.28%, and historical quantile is 79.10% [1] - **Butadiene Rubber (BR2507)**: Spot price is 11800.0, futures price is 11485.0, basis is 315.0, basis rate is 2.74%, and historical quantile is 61.10% [1] - **Glass (FG509)**: Spot price is 1024.0, futures price is 974.0, basis is 50.0, basis rate is 4.88%, and historical quantile is 80.67% [1] - **Soda Ash (SA509)**: Spot price is 1201.0, futures price is 1159.0, basis is 42.0, basis rate is 3.50%, and historical quantile is 43.90% [1] - **Natural Rubber (RU2509)**: Spot price is 13850.0, futures price is 13870.0, basis is - 20.0, basis rate is - 0.14%, and historical quantile is 95.62% [1] Financial Futures - **CSI 300 (IF2506)**: Spot price is 3870.4, futures price is 3868.6, basis is - 1.8, basis rate is - 0.05%, and historical quantile is 55.90% [1] - **SSE 50 (IH2506)**: Spot price is 2684.0, futures price is 2680.8, basis is - 3.2, basis rate is - 0.12%, and historical quantile is 42.70% [1] - **CSI 500 (IC2506)**: Spot price is 5750.9, futures price is 5748.4, basis is - 2.5, basis rate is - 0.04%, and historical quantile is 81.10% [1] - **CSI 1000 (IM2506)**: Spot price is 6141.5, futures price is 6130.0, basis is - 11.5, basis rate is - 0.19%, and historical quantile is 62.70% [1] - **2 - Year Treasury Bond (TS2509)**: Spot price is 100.38, futures price is 102.54, basis is - 0.07, basis rate is - 0.07%, and historical quantile is 11.00% [1] - **5 - Year Treasury Bond (TF2509)**: Spot price is 101.17, futures price is 106.30, basis is - 0.04, basis rate is - 0.04%, and historical quantile is 21.90% [1] - **10 - Year Treasury Bond (T2509)**: Spot price is 101.42, futures price is 109.15, basis is - 0.02, basis rate is - 0.02%, and historical quantile is 13.10% [1] - **30 - Year Treasury Bond (TL2509)**: Spot price is 136.63, futures price is 120.79, basis is 0.39, basis rate is 0.32%, and historical quantile is 55.60% [1]