Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View The report presents the spot prices, futures prices, basis, historical quantiles, and basis rates of various commodities on March 30, 2026, covering multiple sectors such as metals, agriculture, energy, and finance. 3. Summary by Commodity Sectors Ferrous Metals - **Silicon Iron (SF603)**: Spot price is 6012, down 0.97%; futures price is 5978, with a basis of -34 and a basis rate of -1.22% [1]. - **Silicon Manganese (SM603)**: Spot price is 6500, futures price is 6580, and the basis is -80 [1]. - **Rebar (RB2605)**: Spot price is 3220, futures price is 3124, down 0.27%, with a basis of 96 and a historical quantile of 46.20% [1]. - **Hot Rolled Coil (HC2605)**: Spot price is 3290, futures price is 3299, with a basis of -9 and a historical quantile of 15.80% [1]. - **Iron Ore (I2605)**: Spot price is 27, up 3.29%; futures price is 812, up 22.80%, with a basis of -27 and a historical quantile of 75.86% [1]. - **Coke (J2605)**: Spot price is 1752, futures price is 1767, up 0.83%, with a basis of -15 and a historical quantile of 75.86% [1]. - **Coking Coal (JM2605)**: Spot price is 1333, futures price is 1219, up 9.35%, with a basis of 114 and a historical quantile of 57.20% [1]. Non - Ferrous Metals - **Copper (CU2605)**: Spot price is 95930, futures price is 95320, with a basis of 610 and a historical quantile of 12.91% [1]. - **Aluminum (AL2605)**: Spot price is 23935, futures price is 23810, with a basis of 125 and a historical quantile of 27.08% [1]. - **Alumina (AO2605)**: Spot price is 2785, futures price is 2930, with a basis of -145 and a historical quantile of 14.09% [1]. - **Zinc (ZN2605)**: Spot price is 23380, futures price is 23140, with a basis of 240 and a historical quantile of 10.00% [1]. - **Tin (SN2605)**: Spot price is 362460, futures price is 353400, with a basis of 9060 and a historical quantile of 1.66% [1]. - **Nickel (NI2605)**: Spot price is 137100, futures price is 136450, with a basis of 650 and a historical quantile of 22.29% [1]. - **Stainless Steel (SS2605)**: Spot price is 14500, futures price is 14390, with a basis of 110 and a historical quantile of 49.14% [1]. - **Lithium Carbonate (LC2605)**: Spot price is 168440, futures price is 158000, down 6.20%, with a basis of 10440 and a historical quantile of 2.64% [1]. - **Industrial Silicon (SI2605)**: Spot price is 9200, futures price is 8652, up 6.67%, with a basis of 548 and a historical quantile of 37.78% [1]. Precious Metals - **Gold (AU2606)**: Spot price is 992.5, futures price is 998.66, with a basis of -6.16 and a historical quantile of -0.62% [1]. - **Silver (AG2606)**: Spot price is 17467, futures price is 17489, with a basis of -22 and a historical quantile of 51.00% [1]. Agricultural Products - **Soybean Meal (M2605)**: Spot price is 3160, futures price is 2937, up 7.59%, with a basis of 223 and a historical quantile of 64.60% [1]. - **Soybean Oil (Y2605)**: Spot price is 8940, futures price is 8688, up 2.90%, with a basis of 252 and a historical quantile of 53.10% [1]. - **Palm Oil (P2605)**: Spot price is 9670, futures price is 9768, down 1.00%, with a basis of -98 and a historical quantile of 1.90% [1]. - **Rapeseed Meal (RM2605)**: Spot price is 2330, futures price is 2315, with a basis of 15 and a historical quantile of 50.00% [1]. - **Rapeseed Oil (Oleos)**: Spot price is 10380, futures price is 9877, up 5.09%, with a basis of 503 and a historical quantile of 91.30% [1]. - **Corn (C2605)**: Spot price is 2390, futures price is 2369, with a basis of 21 and a historical quantile of 44.50% [1]. - **Corn Starch (CS2605)**: Spot price is 2755, futures price is 2900, down 4.67%, with a basis of -145 and a historical quantile of 73.30% [1]. - **Live Hogs (H2605)**: Spot price is 9965, futures price is 9500, with a basis of 465 and a historical quantile of 27.30% [1]. - **Eggs (JD2605)**: Spot price is 3502, futures price is 3290, down 6.05%, with a basis of 212 and a historical quantile of 21.20% [1]. - **Cotton (CF2605)**: Spot price is 16600, futures price is 15395, up 7.83%, with a basis of 1205 and a historical quantile of 82.40% [1]. - **Sugar (SR2605)**: Spot price is 5464, futures price is 5480, up 0.29%, with a basis of -16 and a historical quantile of -1.68% [1]. - **Apples (AP2605)**: Spot price is 9967, futures price is 9800, with a basis of 167 and a historical quantile of 16.60% [1]. - **Red Dates (CJ2605)**: Spot price is 8870, futures price is 7900, down 10.94%, with a basis of 970 and a historical quantile of 41.60% [1]. Energy and Chemicals - **Paraxylene (PX2605)**: Spot price is 10059.9, futures price is 9916, with a basis of 143.9 and a historical quantile of 71.40% [1]. - **PTA (TA2605)**: Spot price is 6876, futures price is 6760, down 1.69%, with a basis of 116 and a historical quantile of 14.40% [1]. - **Ethylene Glycol (EG2605)**: Spot price is 5279, futures price is 5005, down 0.98%, with a basis of 274 and a historical quantile of 0.10% [1]. - **Polyester Staple Fiber (PF2606)**: Spot price is 8392, futures price is 8310, down 0.98%, with a basis of 82 and a historical quantile of 22.20% [1]. - **Styrene (EB2605)**: Spot price is 10800, futures price is 10624, with a basis of 176 and a historical quantile of 64.90% [1]. - **Methanol (MA2605)**: Spot price is 3360, futures price is 3296, up 1.94%, with a basis of 64 and a historical quantile of 69.40% [1]. - **Urea (UR2605)**: Spot price is 1900, futures price is 1877, up 1.23%, with a basis of 23 and a historical quantile of 24.70% [1]. - **LLDPE (L2605)**: Spot price is 8868, futures price is 8600, down 3.02%, with a basis of 268 and a historical quantile of 0.40% [1]. - **PP (PP2605)**: Spot price is 9313, futures price is 9100, up 1.20%, with a basis of 213 and a historical quantile of -2.29% [1]. - **PVC (V2605)**: Spot price is 5615, futures price is 5450, down 2.94%, with a basis of 165 and a historical quantile of 36.80% [1]. - **Caustic Soda (SHEOS)**: Spot price is 2442, futures price is 2303.1, down 5.69%, with a basis of 138.9 and a historical quantile of 27.30% [1]. - **LPG (PG2605)**: Spot price is 6759, futures price is 7198, up 6.50%, with a basis of -439 and a historical quantile of 61.90% [1]. - **Asphalt (BU2606)**: Spot price is 4532, futures price is 4330, up 12.60%, with a basis of 202 and a historical quantile of -4.46% [1]. - **Butadiene Rubber (BR2605)**: Spot price is 18500, futures price is 17840, with a basis of 660 and a historical quantile of 92.60% [1]. - **Float Glass (FG2605)**: Spot price is 960, futures price is 879, down 8.44%, with a basis of 81 and a historical quantile of 49.36% [1]. - **Soda Ash (SA2605)**: Spot price is 1229, futures price is 1209, down 1.65%, with a basis of 20 and a historical quantile of 46.84% [1]. - **Pure Benzene (BZ2605)**: Spot price is 8880, futures price is 8355, down 5.91%, with a basis of 525 and a historical quantile of -1.20% [1]. - **Propylene (PL2605)**: Spot price is 8320, futures price is 8315, up 1.21%, with a basis of 5 and a historical quantile of 92.00% [1]. - **Bottle Chips (PR2605)**: Spot price is 8421, futures price is 8320, up 1.21%, with a basis of 101 and a historical quantile of 92.00% [1]. - **Natural Rubber (RU2605)**: Spot price is 16510, futures price is 16400, down 0.67%, with a basis of 110 and a historical quantile of 85.11% [1]. Financial Products - **Stock Index Futures**: - **IF2606.CFE**: Spot price is 4502.5698, futures price is 4427.4, down 1.70%, with a basis of -75.1698 and a historical quantile of 2.40% [1]. - **IH2606.CFE**: Spot price is 2837.3064, futures price is 2814.4, down 0.81%, with a basis of 22.9064 and a historical quantile of 5.70% [1]. - **IC2606.CFE**: Spot price is 7737.6144, futures price is 7559.2, down 2.36%, with a basis of 178.4144 and a historical quantile of 0.40% [1]. - **IM2606.CFE**: Spot price is 7746.3131, futures price is 7523.8, down 2.96%, with a basis of 222.5131 and a historical quantile of 0.04% [1]. - **Treasury Bond Futures**: - **TS2606**: Spot price is 100.11, futures price is 97.62, up 0.08%, with a basis of 2.49 and a historical quantile of 44.40% [1]. - **TF2606**: Spot price is 105.98, futures price is 100.24, up 0.09%, with a basis of 5.74 and a historical quantile of 42.20% [1]. - **T2606**: Spot price is 108.23, futures price is 99.88, up 0.10%, with a basis of 8.35 and a historical quantile of 31.10% [1]. - **TL2606**: Spot price is 122.03, futures price is 111.18, up 0.46%, with a basis of 10.85 and a historical quantile of 67.50% [1].

1. Report Industry Investment Rating - No information provided in the document. 2. Core View of the Report - No information provided in the document. 3. Summary by Relevant Catalog 3.1 General Information - The report is the Maike Futures Basis Statistics Table dated March 27, 2026, at 9:00 [2]. - The settlement price is used for non - ferrous metal futures, and the closing price is used for other futures. The basis rate is the main contract basis rate, calculated as (spot price - main contract price) / main contract price. The historical maximum and minimum values of the basis rate are calculated based on samples from January 1, 2015, to the present. Data sources include iFinD, Wind, and Steel Union Data. Quotes marked with * are weekly updated data, and quotes marked with ** have differences between the spot and the benchmark delivery product [3]. 3.2 Futures Data - **Non - ferrous Metals**: - Copper (CU): The main contract basis rate is - 0.27%, with a decrease of - 0.69% compared to the previous day. The current - month basis is - 135, and the next - month basis is - 255. The spot price is 95325 [3]. - Aluminum (AL): The main contract basis rate is - 1.01%, with a decrease of - 0.63% compared to the previous day. The current - month basis is - 175, and the next - month basis is - 240. The spot price is 23510 [3]. - Zinc (ZN): The main contract basis rate is - 0.63%, with a decrease of - 0.46% compared to the previous day. The current - month basis is - 110, and the next - month basis is - 145. The spot price is 22985 [3]. - Lead (PB): The main contract basis rate is - 1.03%, with an increase of 0.06% compared to the previous day. The current - month basis is - 155, and the next - month basis is - 170. The spot price is 16300 [3]. - Tin (SN): The main contract basis rate is 0.08%, with a decrease of - 1.44% compared to the previous day. The current - month basis is 270, and the next - month basis is - 180. The spot price is 352800 [3]. - Nickel (NI): The main contract basis rate is 1.72%, with a decrease of - 0.12% compared to the previous day. The current - month basis is 2360, and the next - month basis is 2790. The spot price is 139350 [3]. - Industrial Silicon (SI): The main contract basis rate is 5.38%, with a decrease of - 0.55% compared to the previous day. The current - month basis is 510, and the next - month basis is 470. The spot price is 9200 [3]. - **Precious Metals**: - Gold (AU): The main contract basis rate is - 0.62%, with a decrease of - 0.67% compared to the previous day. The current - month basis is - 3.19, and the next - month basis is - 6.21. The spot price is 995.98 [3]. - Silver (AG): The main contract basis rate is - 1.03%, with a decrease of - 1.09% compared to the previous day. The current - month basis is - 227, and the next - month basis is - 180. The spot price is 17292 [3]. - **Black Industry**: - Rebar (RB): The main contract basis rate is 2.30%, with a decrease of - 0.51% compared to the previous day. The current - month basis is 72, and the next - month basis is 42. The spot price is 3200 [3]. - Hot - rolled Coil (HC): The main contract basis rate is - 0.76%, with a decrease of - 0.24% compared to the previous day. The current - month basis is - 25, and the next - month basis is - 33. The spot price is 3280 [3]. - Iron Ore (I): The main contract basis rate is 1.62%, with a decrease of - 3.36 compared to the previous day. The current - month basis is 13.2, and the next - month basis is 42.7. The spot price is 830.2 [3]. - Coke: The main contract basis rate is - 7.16%, with an increase of 1.35% compared to the previous day. The current - month basis is - 126.0, and the next - month basis is - 211.0. The spot price is 1635 [3]. - Coking Coal: The main contract basis rate is 0.90%, with an increase of 1.42% compared to the previous day. The current - month basis is 17.5, and the next - month basis is - 121.0. The spot price is 1247.5 [3]. - Steam Coal (ZC): The main contract basis rate is - 5.29%, with an increase of 0.50% compared to the previous day. The current - month basis is - 42.4, and the next - month basis is - 42.4. The spot price is 759.0 [3]. - Ferrosilicon (SF): The main contract basis rate is - 4.71%, with an increase of 2.32% compared to the previous day. The current - month basis is - 282, and the next - month basis is - 382. The spot price is 5700 [3]. - Silicomanganese (SM): The main contract basis rate is - 4.41%, with an increase of 0.85% compared to the previous day. The current - month basis is - 284, and the next - month basis is - 342. The spot price is 6150 [3]. - Stainless Steel: The main contract basis rate is 0.42%, with an increase of 1.38% compared to the previous day. The current - month basis is 60, and the next - month basis is 90. The spot price is 14450 [3]. - **Agricultural Products**: - Soybeans: The main contract basis rate is - 4.91%, with a decrease of - 0.37% compared to the previous day. The current - month basis is - 227, and the next - month basis is - 271. The spot price is 4400 [3]. - Soybean Meal (M): The main contract basis rate is 8.06%, with a decrease of - 0.74% compared to the previous day. The current - month basis is 238, and the next - month basis is 160. The spot price is 3190 [3]. - Rapeseed Meal (RM): The main contract basis rate is 9.64%, with a decrease of - 0.23% compared to the previous day. The current - month basis is 226, and the next - month basis is 148. The spot price is 2570 [3]. - Soybean Oil (Y): The main contract basis rate is 3.75%, with an increase of 0.59% compared to the previous day. The current - month basis is 382, and the next - month basis is 324. The spot price is 8970 [3]. - Rapeseed Oil (OI): The main contract basis rate is 5.18%, with a decrease of - 0.20% compared to the previous day. The current - month basis is 510, and the next - month basis is 612. The spot price is 10350 [3]. - Peanuts (PK): The main contract basis rate is 8.99%, with a decrease of - 1.0% compared to the previous day. The current - month basis is 832, and the next - month basis is 570. The spot price is 9000 [3]. - Palm Oil: The main contract basis rate is 0.37%, with a decrease of - 0.05% compared to the previous day. The current - month basis is 36, and the next - month basis is 40. The spot price is 9610 [3]. - Corn Starch (CS): The main contract basis rate is 4.88%, with a decrease of - 0.08% compared to the previous day. The current - month basis is 135, and the next - month basis is 125. The spot price is 2900 [3]. - Corn (C): The main contract basis rate is 1.01%, with no change compared to the previous day. The current - month basis is 24, and the next - month basis is - 5. The spot price is 2400 [3]. - Apples (AP): The main contract basis rate is 14.54%, with a decrease of - 184 compared to the previous day. The current - month basis is - 39, and the next - month basis is - 1446. The spot price is 8500 [3]. - Eggs (JD): The main contract basis rate is - 2.73%, with a decrease of - 312 compared to the previous day. The current - month basis is - 617, and the next - month basis is - 519. The spot price is 3200 [3]. - Hogs (LH): The main contract basis rate is - 3.41%, with a decrease of - 0.10% compared to the previous day. The current - month basis is - 335, and the next - month basis is - 3040. The spot price is 9500 [3]. - Cotton (CF): The main contract basis rate is 8.59%, with an increase of 1200 compared to the previous day. The current - month basis is 15420, and the next - month basis is 15900. The spot price is 16745 [3]. - Sugar (SR): The main contract basis rate is 0.31%, with a decrease of - 0.63% compared to the previous day. The current - month basis is 17, and the next - month basis is - 5. The spot price is 5480 [3]. - **Energy and Chemicals**: - Methanol (MA): The main contract basis rate is 2.12%, with an increase of 1.20% compared to the previous day. The current - month basis is 313, and the next - month basis is 408. The spot price is 3270 [3]. - Ethanol (EG): The main contract basis rate is - 1.05%, with an increase of 0.16% compared to the previous day. The current - month basis is 2028, and the next - month basis is 159. The spot price is 5005 [3]. - PTA (TA): The main contract basis rate is - 1.45%, with a decrease of - 0.05% compared to the previous day. The current - month basis is - 8, and the next - month basis is 2. The spot price is 6680 [3]. - Polypropylene: The main contract basis rate is 3.07%, with a decrease of - 0.55% compared to the previous day. The current - month basis is 280, and the next - month basis is 996. The spot price is 9400 [3]. - Styrene (EB): The main contract basis rate is 1.53%, with an increase of 2.57% compared to the previous day. The current - month basis is 154, and the next - month basis is 1150. The spot price is 10200 [3]. - Short - staple Fiber: The main contract basis rate is - 1.33%, with a decrease of - 1.21% compared to the previous day. The current - month basis is - 132, and the next - month basis is - 82. The spot price is 8150 [3]. - Plastic: The main contract basis rate is 1.52%, with an increase of 1.92% compared to the previous day. The current - month basis is 133, and the next - month basis is 268. The spot price is 8900 [3]. - PVC: The main contract basis rate is - 2.30%, with a decrease of - 0.85% compared to the previous day. The current - month basis is - 130, and the next - month basis is - 246. The spot price is 5520 [3]. - Rubber (RU): The main contract basis rate is - 0.97%, with a decrease of - 0.18% compared to the previous day. The current - month basis is - 205, and the next - month basis is - 160. The spot price is 16300 [3]. - 20 - number Rubber (NR): The main contract basis rate is 1.72%, with a decrease of - 0.21% compared to the previous day. The current - month basis is 235, and the next - month basis is - 30. The spot price is 13870 [3]. - Soda Ash (SA): The main contract basis rate is - 1.63%, with a decrease of - 0.02% compared to the previous day. The current - month basis is - 20, and the next - month basis is - 103. The spot price is 1361 [3]. - Urea (UR): The main contract basis rate is - 0.80%, with a decrease of - 0.64% compared to the previous day. The current - month basis is - 15, and the next - month basis is - 79. The spot price is 1860 [3]. - Bottle Chips (PR): The main contract basis rate is 3.84%, with an increase of 1.47% compared to the previous day. The current - month basis is 8104, and the next - month basis is 469. The spot price is 8415 [3]. - Pulp (SP): The main contract basis rate is 1.58%, with an increase of 1.32% compared to the previous day. The current - month basis is 82, and the next - month basis is - 5. The spot price is 5238 [3]. - Crude Oil (SC): The main contract basis rate is - 2.93%, with an increase of 3.77% compared to the previous day. The current - month basis is - 21.5, and the next - month basis is 28.3. The spot price is 711.6 [3]. - Fuel Oil (FU): The main contract basis rate is 9.95%, with an increase of 0.51% compared to the previous day. The current - month basis is 437, and the next - month basis is 821. The spot price is 4830 [3]. - Asphalt (BU): The main contract basis rate is - 4.69%, with a decrease of - 1.74% compared to the previous day. The current - month basis is - 213, and the next - month basis is 60. The spot price is 4330 [3]. - Low - sulfur Fuel Oil (LU): The main contract basis rate is 9.72%, with a decrease of - 6.1% compared to the previous day. The current - month basis is 492, and the next - month basis is 929. The spot price is 5558 [3]. - LPG (PG): The main contract basis rate is 10.04%, with an increase of 0.15% compared to the previous day. The current - month basis is 1590, and the next - month basis is 657. The spot price is 7198 [3]. - **Stock Index Futures**: - CSI 300 (IF): The main contract basis rate is 1.85%, with a decrease of - 0.11% compared to the previous day. The current - month basis is 24.3, and the next - month basis is 41.7. The spot price is 4477.5 [3]. - SSE 50 (IH): The main contract basis rate is 0.71%, with a decrease of - 0.34

1. Report Industry Investment Rating - Not mentioned in the provided content 2. Core Viewpoints of the Report - Not mentioned in the provided content 3. Summary by Related Catalogs Ferrous Metals - Silicon iron (SF603) spot price is 5898, futures price is 5796, with a basis of 102, a basis rate of 1.76%, and a historical quantile of 70.60% [1] - Silicon manganese (SM603) spot price is 6220, futures price is 6138, with a basis of 82, a basis rate of 1.34%, and a historical quantile of 42.50% [1] - Rebar (RB2605): Information incomplete. - Hot - rolled coil (HC2605) spot price is 3290, futures price is 3310, with a basis of - 20, a basis rate of - 0.60%, and a historical quantile of 10.70% [1] - Iron ore (I2605) spot price is 845, futures price is 811, with a basis of 34, a basis rate of 4.22%, and a historical quantile of 29.10% [1] - Coke (J2605) spot price is 1734, futures price is 1722, with a basis of 13, a basis rate of 0.74%, and a historical quantile of 73.34% [1] - Coking coal (JM2605) spot price is 1247, futures price is 1157, with a basis of 91, a basis rate of 7.83%, and a historical quantile of 49.60% [1] Non - ferrous Metals - Copper (CU2604) spot price is 98990, futures price is 98590, with a basis of 400, a basis rate of 0.41%, and a historical quantile of 86.45% [1] - Aluminum (AL2605) spot price is 24510, futures price is 24800, with a basis of - 290, a basis rate of - 1.11%, and a historical quantile of 6.66% [1] - Alumina (AO2605) spot price is 2720, futures price is 3048, with a basis of - 328, a basis rate of - 10.77%, and a historical quantile of 1.54% [1] - Zinc (ZN2604) spot price is 23130, futures price is 23325, with a basis of - 195, a basis rate of - 0.84%, and a historical quantile of 16.25% [1] - Tin (SN2604) spot price is 369500, futures price is 370000, with a basis of - 500, a basis rate of - 0.14%, and a historical quantile of 37.08% [1] - Nickel (NISEOR) spot price is 134700, futures price is 135200, with a basis of - 500, a basis rate of - 0.37%, and a historical quantile of 26.87% [1] - Stainless steel (SS2605) spot price is 14350, futures price is 14020, with a basis of 500, a basis rate of 3.57%, and a historical quantile of 86.90% [1] - Lithium carbonate (LC2605) spot price is 155500, futures price is 150120, with a basis of 5380, a basis rate of 3.58%, and a historical quantile of 97.35% [1] - Industrial silicon (SISEO5) spot price is 9200, futures price is 8375, with a basis of 855, a basis rate of 9.85%, and a historical quantile of 55.97% [1] Precious Metals - Gold (AU2604) spot price is 1111.7, futures price is 1113.52, with a basis of - 1.8, a basis rate of - 0.16%, and a historical quantile of 47.10% [1] - Silver (AG2606) spot price is 19966.0, futures price is 19980.0, with a basis of - 14.0, a basis rate of - 0.07%, and a historical quantile of 68.40% [1] Agricultural Products - Soybean meal (M2605) spot price is 3290, futures price is 3036.0, with a basis of 254.0, a basis rate of 8.37%, and a historical quantile of 67.90% [1] - Fourth - grade soybean oil (ASEO2) spot price is 8770, futures price is 8540.0, with a basis of 230.0, a basis rate of 2.69%, and a historical quantile of 49.50% [1] - Palm oil (P2605) spot price is 9680, futures price is 9692.0, with a basis of - 12.0, a basis rate of - 0.12%, and a historical quantile of 23.30% [1] - Rapeseed meal (RM605) spot price is 2470, futures price is 2443.0, with a basis of 27.0, a basis rate of 1.11%, and a historical quantile of 51.00% [1] - Fourth - grade rapeseed oil (Oleos) spot price is 10280, futures price is 9780.0, with a basis of 500.0, a basis rate of 5.11%, and a historical quantile of 91.40% [1] - Corn (C2605) spot price is 2420, futures price is 2382.0, with a basis of 38.0, a basis rate of 1.60%, and a historical quantile of 54.60% [1] - Corn starch (CS2605) spot price is 2850, futures price is 2721.0, with a basis of 129.0, a basis rate of 4.74%, and a historical quantile of 66.00% [1] - Live pigs (H2605) spot price is 10100, futures price is 10475.0, with a basis of - 375.0, a basis rate of - 3.58%, and a historical quantile of 30.20% [1] - Eggs (JD2605) spot price is 3110, futures price is 3400.0, with a basis of - 290.0, a basis rate of - 8.53%, and a historical quantile of 17.30% [1] - Cotton (CF605) spot price is 16650, futures price is 15210.0, with a basis of 1440.0, a basis rate of 9.47%, and a historical quantile of 95.40% [1] - White sugar (SR605) spot price is 5470, futures price is 5343.0, with a basis of 127.0, a basis rate of 2.38%, and a historical quantile of 16.60% [1] - Apples (AP605) spot price is 9800, futures price is 10121.0, with a basis of - 321.0, a basis rate of - 3.17%, and a historical quantile of 10.70% [1] - Red dates (CJ605) spot price is 7900, futures price is 8795.0, with a basis of - 895.0, a basis rate of - 10.18%, and a historical quantile of 45.10% [1] Energy and Chemicals - p - Xylene (PX605) spot price is 9906.9, futures price is 9874.0, with a basis of 32.9, a basis rate of 0.33%, and a historical quantile of 39.50% [1] - PTA (TA605) spot price is 6710.0, futures price is 6790.0, with a basis of - 80.0, a basis rate of - 1.18%, and a historical quantile of 24.20% [1] - Ethylene glycol (EG2605) spot price is 4745.0, futures price is 4849.0, with a basis of - 104.0, a basis rate of - 2.4%, and a historical quantile of 17.60% [1] - Polyester staple fiber (PF606) spot price is 8285.0, futures price is 8182.0, with a basis of 103.0, a basis rate of 1.26%, and a historical quantile of 69.30% [1] - Styrene (EB2604) spot price is 9980.0, futures price is 9968.0, with a basis of 12.0, a basis rate of 0.12%, and a historical quantile of 28.60% [1] - Methanol (MA605) spot price is 2925.0, futures price is 2912.0, with a basis of 13.0, a basis rate of 0.49%, and a historical quantile of 53.20% [1] - Urea (UR605) spot price is 1880.0, futures price is 1855.0, with a basis of 25.0, a basis rate of 1.35%, and a historical quantile of 25.00% [1] - LLDPE (L2605) spot price is 8360.0, futures price is 8431.0, with a basis of - 71.0, a basis rate of - 0.84%, and a historical quantile of 8.00% [1] - PP (PP2605) spot price is 8750.0, futures price is 8628.0, with a basis of 122.0, a basis rate of 1.41%, and a historical quantile of 62.70% [1] - PVC (V2605) spot price is 5680.0, futures price is 5735.0, with a basis of - 55.0, a basis rate of - 0.95%, and a historical quantile of 70.10% [1] - Caustic soda (SHEOS) spot price is 2140.6, futures price is 2442.0, with a basis of - 301.4, a basis rate of - 12.34%, and a historical quantile of 17.00% [1] - LPG (PG2604) spot price is 6258.0, futures price is 5766.0, with a basis of 492.0, a basis rate of 8.53%, and a historical quantile of 67.30% [1] - Asphalt (BU2606) spot price is 4090.0, futures price is 4400.0, with a basis of - 310.0, a basis rate of - 7.05%, and a historical quantile of 1.50% [1] - Butadiene rubber (BR2605) spot price is 15800.0, futures price is 15260.0, with a basis of 540.0, a basis rate of 3.54%, and a historical quantile of 85.60% [1] - Glass (FG605) spot price is 968.0, futures price is 1066.0, with a basis of - 98.0, a basis rate of - 10.12%, and a historical quantile of 40.00% [1] - Soda ash (SA605) spot price is 1201.0, futures price is 1211.0, with a basis of - 10.0, a basis rate of - 0.83%, and a historical quantile of 56.21% [1] - Pure benzene (BZ2604) spot price is 8400.0, futures price is 8154.0, with a basis of 246.0, a basis rate of 3.02%, and a historical quantile of 98.80% [1] - Propylene (PL2605) spot price is 8045.0, futures price is 8313.0, with a basis of - 268.0, a basis rate of - 3.22%, and a historical quantile of 8.80% [1] - Bottle chips (PR2605) spot price is 9012.0, futures price is 8550.0, with a basis of 462.0, a basis rate of 5.40%, and a historical quantile of 99.10% [1] - Natural rubber (RU2605) spot price is 16250.0, futures price is 16400.0, with a basis of - 150.0, a basis rate of - 0.92%, and a historical quantile of 82.18% [1] Financial Instruments - IF2603.CFE spot price is 4658.3324, futures price is 4651.4, with a basis of - 6.9324, a basis rate of - 0.15%, and a historical quantile of 46.00% [1] - IH2603.CFE spot price is 2961.4264, futures price is 2958.6, with a basis of - 2.8264, a basis rate of - 0.10%, and a historical quantile of 40.30% [1] - IC2603.CFE spot price is 8096.4276, futures price is 8086.0, with a basis of - 10.4276, a basis rate of - 0.13%, and a historical quantile of 67.70% [1] - IM2603.CFE spot price is 8096.5948, futures price is 8080.4, with a basis of - 16.1948, a basis rate of - 0.20%, and a historical quantile of 62.50% [1] - 2 - year bond (TS2606) spot price is 100.09, futures price is 102.50, with a basis of 0.03, a basis rate of 0.03%, and a historical quantile of 40.70% [1] - 5 - year bond (TF2606) spot price is 100.21, futures price is 105.99, with a basis of 0.05, a basis rate of 0.04%, and a historical quantile of 36.10% [1] - 10 - year bond (T2606) spot price is 99.89, futures price is 108.26, with a basis of 0.09, a basis rate of 0.08%, and a historical quantile of 28.30% [1] - 30 - year bond (TL2606) spot price is 122.05, futures price is 110.96, with a basis of 0.71, a basis rate of 0.64%, and a historical quantile of

1. Report Information - Report Title: Stock Index Futures Data Daily Report [1] - Report Date: March 17, 2026 [2] 2. IM Contract Analysis 2.1 Market Quotes - The closing price of CSI 1000 was 8019.86, down 2.33%; the total trading volume of the four IM contracts was 235,540 lots, an increase of 16,761 lots from the previous day; the total open interest was 382,072 lots, an increase of 508 lots from the previous day [4][5]. - The main contract of IM (IM2603) fell 1.96% to close at 8014 points [4]. 2.2 Basis and Premium/Discount - The main contract of IM was at a discount of 5.86 points, up 18.49 points from the previous day; the annualized basis rate was -6.67% [5]. - The dividend impacts of the four IM contracts were 0 points, 0.19 points, 38.82 points, and 60.28 points respectively [5]. 2.3 Positions of Major Seats - In IM2603, the top five seats in terms of trading volume were led by CITIC Futures (on behalf of clients), with a trading volume of 31,805 lots and an increase of 4,288 lots from the previous day [16]. - The top five seats in terms of long positions were led by Guotai Junan (on behalf of clients), with a long position of 20,265 lots and a decrease of 512 lots from the previous day [16]. - The top five seats in terms of short positions were led by CITIC Futures (on behalf of clients), with a short position of 30,623 lots and an increase of 1,529 lots from the previous day [16]. 3. IF Contract Analysis 3.1 Market Quotes - The closing price of CSI 300 was 4637.44, down 0.73%; the total trading volume of the four IF contracts was 146,045 lots, an increase of 21,683 lots from the previous day; the total open interest was 280,450 lots, an increase of 6,776 lots from the previous day [21][22]. - The main contract of IF (IF2603) fell 0.66% to close at 4628.8 points [21]. 3.2 Basis and Premium/Discount - The main contract of IF was at a discount of 8.64 points, up 0.12 points from the previous day; the annualized basis rate was -17.03% [22]. - The dividend impacts of the four IF contracts were 0 points, 0.48 points, 30.15 points, and 84.14 points respectively [22]. 3.3 Positions of Major Seats - In IF2603, the top five seats in terms of trading volume were led by CITIC Futures (on behalf of clients), with a trading volume of 15,202 lots and an increase of 3,469 lots from the previous day [36]. - The top five seats in terms of long positions were led by Guotai Junan (on behalf of clients), with a long position of 23,177 lots and an increase of 1,223 lots from the previous day [36]. - The top five seats in terms of short positions were led by CITIC Futures (on behalf of clients), with a short position of 19,334 lots and an increase of 1,619 lots from the previous day [36]. 4. IC Contract Analysis 4.1 Market Quotes - The closing price of CSI 500 was 8016.03, down 2.07%; the total trading volume of the four IC contracts was 170,339 lots, an increase of 560 lots from the previous day; the total open interest was 294,227 lots, a decrease of 8,120 lots from the previous day [41][42]. - The main contract of IC (IC2603) fell 2.1% to close at 8000 points [41]. 4.2 Basis and Premium/Discount - The main contract of IC was at a discount of 16.03 points, down 9.28 points from the previous day; the annualized basis rate was -18.28% [42]. - The dividend impacts of the four IC contracts were 0 points, 7.12 points, 59.41 points, and 96.03 points respectively [42]. 4.3 Positions of Major Seats - In IC2603, the top five seats in terms of trading volume were led by CITIC Futures (on behalf of clients), with a trading volume of 31,439 lots and a decrease of 3,601 lots from the previous day [58]. - The top five seats in terms of long positions were led by CITIC Futures (on behalf of clients), with a long position of 11,667 lots and a decrease of 2,737 lots from the previous day [58]. - The top five seats in terms of short positions were led by CITIC Futures (on behalf of clients), with a short position of 12,459 lots and a decrease of 2,680 lots from the previous day [58]. 5. IH Contract Analysis 5.1 Market Quotes - The closing price of SSE 50 was 2963.58, up 0.32%; the total trading volume of the four IH contracts was 69,141 lots, an increase of 8,837 lots from the previous day; the total open interest was 106,613 lots, a decrease of 3,547 lots from the previous day [62]. - The main contract of IH (IH2603) rose 0.18% to close at 2962 points [62]. 5.2 Basis and Premium/Discount - The main contract of IH was at a discount of 1.58 points, up 0.51 points from the previous day; the annualized basis rate was -4.86% [63]. - The dividend impacts of the four IH contracts were 0 points, 0 points, 18.25 points, and 63.28 points respectively [63]. 5.3 Positions of Major Seats - In IH2603, the top five seats in terms of trading volume were led by CITIC Futures (on behalf of clients), with a trading volume of 6,435 lots and an increase of 1,402 lots from the previous day [77]. - The top five seats in terms of long positions were led by Guotai Junan (on behalf of clients), with a long position of 4,122 lots and an increase of 44 lots from the previous day [77]. - The top five seats in terms of short positions were led by CITIC Futures (on behalf of clients), with a short position of 7,067 lots and an increase of 250 lots from the previous day [77].

Report Information - Report Date: March 16, 2026 [2] - Report Author: Ye Qianning [2] - Author's Qualification Number: Z0016628 [2] - Investment Consulting Business Qualification: CSRC License [2011] No. 1292 [2] Commodity Information Ferrous Metals - **Silicon Iron (SF603)**: Spot price is 5928, futures price is 5888, basis is 40, basis rate is 0.68%, historical quantile is 60.40% [1] - **Silicon Manganese (SM603)**: Spot price is 6170, futures price is 6176, basis is -6, basis rate is -0.10%, historical quantile is 23.80% [1] - **Rebar (RB2605)**: Spot price is 3250, futures price is 3142, basis is 108, basis rate is 3.44%, historical quantile is 50.10% [1] - **Hot Rolled Coil (HC2605)**: Spot price is 3270, futures price is 3505, basis is -25, basis rate is -0.76%, historical quantile is 9.10% [1] - **Iron Ore (I2605)**: Spot price is 850, futures price is 812, basis is 38, basis rate is 4.69%, historical quantile is 31.20% [1] - **Coke (J2605)**: Spot price is 1734, futures price is 1738, basis is -3, basis rate is -0.19%, historical quantile is 63.24% [1] - **Coking Coal (JM2605)**: Spot price is 1243, futures price is 1178, basis is 65, basis rate is 5.52%, historical quantile is 40.70% [1] Non - Ferrous Metals - **Copper (CU2604)**: Spot price is 100515, futures price is 100310, basis is 205, basis rate is 0.20%, historical quantile is 74.79% [1] - **Aluminum (AL2604)**: Spot price is 25120, futures price is 24960, basis is 160, basis rate is 0.64%, historical quantile is 90.62% [1] - **Alumina (AO2605)**: Spot price is 2695, futures price is 2956, basis is -261, basis rate is -8.81%, historical quantile is 2.86% [1] - **Zinc (ZN2604)**: Spot price is 24010, futures price is 24140, basis is -130, basis rate is -0.54%, historical quantile is 29.79% [1] - **Tin (SN2604)**: Spot price is 386600, futures price is 374110, basis is 12490, basis rate is 3.34%, historical quantile is 98.75% [1] - **Nickel (NISEOF)**: Spot price is 137950, futures price is 136930, basis is 1020, basis rate is 0.74%, historical quantile is 91.45% [1] - **Stainless Steel (SS2605)**: Spot price is 14450, futures price is 14190, basis is 430, basis rate is 3.03%, historical quantile is 76.39% [1] - **Lithium Carbonate (LC2605)**: Spot price is 159000, futures price is 152080, basis is 6920, basis rate is 4.55%, historical quantile is 98.45% [1] - **Industrial Silicon (SISEOF)**: Spot price is 9200, futures price is 8675, basis is 525, basis rate is 6.05%, historical quantile is 33.86% [1] Precious Metals - **Gold (AU2604)**: Spot price is 1131.3, futures price is 1133.00, basis is -1.8, basis rate is -0.15%, historical quantile is 48.20% [1] - **Silver (AG2606)**: Spot price is 20887.0, futures price is 20923.0, basis is -36.0, basis rate is -0.17%, historical quantile is 28.40% [1] Agricultural Products - **Palm Oil (P2605)**: Spot price is 9750, futures price is 9768.0, basis is -18.0, basis rate is -0.18%, historical quantile is 21.40% [3] - **Rapeseed Meal (RM605)**: Spot price is 2630, futures price is 2591.0, basis is 39.0, basis rate is 1.51%, historical quantile is 53.00% [3] - **Rapeseed Oil (Oleos)**: Spot price is 10540, futures price is 9821.0, basis is 719.0, basis rate is 7.32%, historical quantile is 95.60% [3] - **Corn (C2605)**: Spot price is 2430, futures price is 2386.0, basis is 44.0, basis rate is 1.84%, historical quantile is 57.90% [3] - **Corn Starch (CS2605)**: Spot price is 2800, futures price is 2729.0, basis is 71.0, basis rate is 2.60%, historical quantile is 30.20% [3] - **Live Hogs (LH2605)**: Spot price is 10150, futures price is 11150.0, basis is -1000.0, basis rate is -8.97%, historical quantile is 18.20% [3] - **Eggs (JD2605)**: Spot price is 3000, futures price is 3433.0, basis is -433.0, basis rate is -12.61%, historical quantile is 11.50% [3] - **Cotton (CF605)**: Spot price is 16650, futures price is 15415.0, basis is 1235.0, basis rate is 8.01%, historical quantile is 85.50% [3] - **White Sugar (SR605)**: Spot price is 5500, futures price is 5447.0, basis is 53.0, basis rate is 0.97%, historical quantile is 7.80% [3] - **Apples (AP605)**: Spot price is 9800, futures price is 9998.0, basis is -198.0, basis rate is -1.98%, historical quantile is 14.90% [3] - **Jujubes (C1605)**: Spot price is 7900, futures price is 9095.0, basis is -1195.0, basis rate is -13.14%, historical quantile is 36.60% [3] - **Soybean Meal (M2605)**: Spot price is 3390, futures price is 3128.0, basis is 262.0, basis rate is 8.38%, historical quantile is 68.50% [5] - **Soybean Oil (V2605)**: Spot price is 8900, futures price is 8690.0, basis is 210.0, basis rate is 2.42%, historical quantile is 44.00% [5] Energy and Chemicals - **Para - Xylene (PX605)**: Spot price is 10128.5, futures price is 10018.0, basis is 110.5, basis rate is 1.10%, historical quantile is 62.90% [3] - **PTA (TA605)**: Spot price is 6930.0, futures price is 6934.0, basis is -4.0, basis rate is -0.06%, historical quantile is 57.30% [3] - **Ethylene Glycol (EG2605)**: Spot price is 4560.0, futures price is 4729.0, basis is -169.0, basis rate is -3.57%, historical quantile is 3.90% [3] - **Polyester Staple Fiber (PF604)**: Spot price is 8400.0, futures price is 8382.0, basis is 18.0, basis rate is 0.21%, historical quantile is 48.70% [3] - **Styrene (EB2604)**: Spot price is 9865.0, futures price is 10000.0, basis is -135.0, basis rate is -1.35%, historical quantile is 9.80% [3] - **Methanol (MA605)**: Spot price is 2825.0, futures price is 2805.0, basis is 20.0, basis rate is 0.71%, historical quantile is 56.70% [3] - **Urea (UR605)**: Spot price is 1900.0, futures price is 1889.0, basis is 11.0, basis rate is 0.58%, historical quantile is 20.60% [3] - **LLDPE (L2605)**: Spot price is 8275.0, futures price is 8416.0, basis is -141.0, basis rate is -1.68%, historical quantile is 2.30% [3] - **PP (PP2605)**: Spot price is 8700.0, futures price is 8603.0, basis is 97.0, basis rate is 1.13%, historical quantile is 54.90% [3] - **PVC (V2605)**: Spot price is 5670.0, futures price is 5724.0, basis is -54.0, basis rate is -0.94%, historical quantile is 70.30% [3] - **Caustic Soda (SH605)**: Spot price is 2093.8, futures price is 2604.0, basis is -510.3, basis rate is -19.59%, historical quantile is 0.50% [3] - **LPG (PG2604)**: Spot price is 6148.0, futures price is 5734.0, basis is 414.0, basis rate is 7.22%, historical quantile is 58.40% [3] - **Asphalt (BU2604)**: Spot price is 3970.0, futures price is 4089.0, basis is -119.0, basis rate is -2.91%, historical quantile is 26.80% [3] - **Butadiene Rubber (BR2604)**: Spot price is 15600.0, futures price is 15725.0, basis is -125.0, basis rate is -0.79%, historical quantile is 18.90% [3] - **Glass (FG605)**: Spot price is 976.0, futures price is 1135.0, basis is -159.0, basis rate is -16.29%, historical quantile is 9.05% [3] - **Soda Ash (SA605)**: Spot price is 1257.0, futures price is 1277.0, basis is -20.0, basis rate is -1.59%, historical quantile is 46.94% [3] - **Pure Benzene (BZ2604)**: Spot price is 8270.0, futures price is 8288.0, basis is -18.0, basis rate is -0.22%, historical quantile is 86.10% [3] - **Propylene (PL2605)**: Spot price is 8050.0, futures price is 8342.0, basis is -292.0, basis rate is -3.50%, historical quantile is 6.40% [3] - **Bottle Chips (PR2605)**: Spot price is 8950.0, futures price is 8306.0, basis is 644.0, basis rate is 7.75%, historical quantile is 99.40% [3] - **Natural Rubber (RU2605)**: Spot price is 16900.0, futures price is 16765.0, basis is 135.0, basis rate is 0.80%, historical quantile is 98.32% [3] Financial Futures - **Stock Index Futures**: - **IF2603.CFF**: Spot price is 4669.1400, futures price is 4658.0, basis is -11.1400, basis rate is -0.24%, historical quantile is 36.70% [3] - **IH2603.CFE**: Spot price is 2956.8468, futures price is 2957.0, basis is 0.1532, basis rate is 0.01%, historical quantile is 56.20% [3] - **IC2603.CFE**: Spot price is 8239.7980, futures price is 8213.8, basis is -25.9980, basis rate is -0.32%, historical quantile is 44.70% [3] - **IM2603.CFE**: Spot price is 8214.2926, futures price is 8187.0, basis is -27.2926, basis rate is -0.33%, historical quantile is 50.70% [3] - **Treasury Bond Futures**: - **2 - Year Treasury Bond (TS2606)**: Spot price is 100.03, futures price is 102.47, basis is 0.00, basis rate is 0.00%, historical quantile is 29.80%, conversion factor is 0.9762 [3] - **5 - Year Treasury Bond (TF2606)**: Spot price is 100.17, futures price is 105.97, basis is 0.03, basis rate is 0.03%, historical quantile is 33.60%, conversion factor is 0.9450 [3] - **10 - Year Treasury Bond (T2606)**: Spot price is 99.85, futures price is 108.24, basis is 0.07, basis rate is 0.07%, historical quantile is 26.20%, conversion factor is 0.9219 [3] - **30 - Year Treasury Bond (TL2606)**: Spot price is 121.90, futures price is 111.11, basis is 0.40, basis rate is 0.36%, historical quantile is 58.00%, conversion factor is 1.0935 [3] Data Source - Wind, Mysteel, GF Futures Research Institute [3] Historical Quantile Calculation - Based on the basis levels of each variety in the

Report Summary 1. Industry Investment Rating No information provided. 2. Core View No information provided. 3. Summary by Category Metals - Copper (CU): The spot price is 101,560, with a main contract basis rate of 0.14% and a change of 1.04% from the previous day. The current month basis is 145, and the spot price source is SMM 1 electrolytic copper [3]. - Aluminum (AL): The spot price is 25,120, with a main contract basis rate of -0.16% and a change of -0.80% from the previous day. The current month basis is -40, and the spot price source is SMM A00 aluminum [3]. - Zinc (ZN): The spot price is 24,710, with a main contract basis rate of 0.26% and a change of 0.89% from the previous day. The current month basis is 5, and the spot price source is SMM 0 zinc ingot [3]. - Lead (PB): The spot price is 16,625, with a main contract basis rate of -1.16% and a change of 0.79% from the previous day. The current month basis is -195, and the spot price source is SMM 1 lead ingot [3]. - Tin (SN): The spot price is 406,850, with a main contract basis rate of 1.59% and a change of 5.02% from the previous day. The current month basis is 6370, and the spot price source is SMM 1 tin [3]. - Nickel (NI): The spot price is 140,350, with a main contract basis rate of 1.88% and a change of -0.53% from the previous day. The current month basis is 3210, and the spot price source is SMM 1 electrolytic nickel [3]. - Industrial Silicon: The spot price is 9050, with a main contract basis rate of 5.85% and a change of -4.12% from the previous day. The current month basis is 545, and the spot price source is SMM Huatong Oxygen 53 silicon [3]. - Lithium Carbonate (LC): The spot price is 155,650, with a main contract basis rate of 0.10% and a change of 2.67% from the previous day. The current month basis is -170, and the spot price source is Steel Union high - quality battery - grade lithium carbonate [3]. - Gold (AU): The spot price is 1181.56, with a main contract basis rate of 2.57% and a change of 2.60% from the previous day. The current month basis is 29.56, and the spot price source is AuT + D: Shanghai Gold Exchange [3]. - Silver (AG): The spot price is 21,427, with a main contract basis rate of -0.98% and a change of 0.03% from the previous day. The current month basis is -212, and the spot price source is Ag(T + D): Shanghai Gold Exchange [3]. Ferrous Metals - Rebar (RB): The spot price is 3170, with a main contract basis rate of -0.13% and a change of -0.13% from the previous day. The current month basis is 66, and the spot price source is HRB400:20mm: Shanghai [3]. - Hot - Rolled Coil (HC): The spot price is 3250, with a main contract basis rate of 1.28% and a change of 1.34% from the previous day. The current month basis is 41, and the spot price source is Q235B:4.75mm: Shanghai [3]. - Iron Ore: The spot price is 801.8, with a main contract basis rate of 5.64% and a change of 0.03% from the previous day. The current month basis is 42.8, and the spot price source is PB powder:61%: Qingdao [3]. - Coke: The spot price is 1605, with a main contract basis rate of -4.26% and a change of -0.26% from the previous day. The current month basis is -71.5, and the spot price source is metallurgical coke: quasi - first - grade [3]. - Coking Coal (JIM): The spot price is 1187.5, with a main contract basis rate of -0.83% and a change of -0.83% from the previous day. The current month basis is 82.0, and the spot price source is main coking coal: clean coal: Meng 5 [3]. - Thermal Coal (ZC): The spot price is 749.0, with a main contract basis rate of -6.54% and a change of -0.12% from the previous day. The current month basis is -52.4, and the spot price source is Shanxi Q500: Qinhuangdao Port [3]. - Ferrosilicon (SF): The spot price is 5500, with a main contract basis rate of -5.63% and a change of 1.21% from the previous day. The current month basis is -328, and the spot price source is FeSi75 - B: Inner Mongolia [3]. - Manganese Silicon (SM): The spot price is 5920, with a main contract basis rate of 0.44% and a change of 0.44% from the previous day. The current month basis is -172, and the spot price source is FeMn68Si18: Hebei [3]. - Stainless Steel: The spot price is 14500, with a main contract basis rate of 2.80% and a change of 0.83% from the previous day. The current month basis is 385, and the spot price source is B04/2B:2.0*1219: Ansteel Liuzhong seamless [3]. Agricultural Products - Soybean: The spot price is 4100, with a main contract basis rate of -11.87% and a change of 0.77% from the previous day. The current month basis is -552, and the spot price source is domestic third - grade soybean: Harbin [3]. - Soybean Meal (M): The spot price is 2990, with a main contract basis rate of 5.17% and a change of -0.87% from the previous day. The current month basis is 147, and the spot price source is ordinary protein soybean meal: Zhangjiagang [3]. - Rapeseed Meal (RM): The spot price is 2450, with a main contract basis rate of 5.69% and a change of -1.12% from the previous day. The current month basis is 132, and the spot price source is ordinary rapeseed meal: Nantong [3]. - Vegetable Oil: The spot price is 8680, with a main contract basis rate of 3.70% and a change of 0.00% from the previous day. The current month basis is 310, and the spot price source is first - grade soybean oil: Zhangjiagang [3]. - Rapeseed Oil (Ol): The spot price is 10150, with a main contract basis rate of 6.97% and a change of 0.49% from the previous day. The current month basis is 661, and the spot price source is rapeseed oil: Jiangsu [3]. - Peanut (PK): The spot price is 9200, with a main contract basis rate of 16.34% and a change of 0.00% from the previous day. The current month basis is 1312, and the spot price source is Rizha: 45% oil - content, 9% water - content, Changtu [3]. - Palm Oil: The spot price is 9000, with a main contract basis rate of -0.77% and a change of -0.75% from the previous day. The current month basis is -70, and the spot price source is 24 - degree palm oil: Guangdong [3]. - Corn: The spot price is 2390, with a main contract basis rate of 0.25% and a change of -0.21% from the previous day. The current month basis is 6, and the spot price source is second - grade national standard corn: Bayuquan Port [3]. - Corn Starch (CS): The spot price is 2670, with a main contract basis rate of -0.96% and a change of -0.15% from the previous day. The current month basis is -26, and the spot price source is ex - factory price of corn starch: Changchun [3]. - Apple (AP): The spot price is 8350, with a main contract basis rate of 22.35% and a change of -2.26% from the previous day. The current month basis is -2403, and the spot price source is Yantai Qixia, Shaanxi Luochuan Red Fuji [3]. - Egg (JD): The spot price is 2900, with a main contract basis rate of -14.61% and a change of -4.98% from the previous day. The current month basis is -496, and the spot price source is eggs: Hebei Cangzhou [3]. - Pig: The spot price is 10500, with a main contract basis rate of -5.75% and a change of -2.33% from the previous day. The current month basis is -640, and the spot price source is live pigs: one - yuan breed in Henan [3]. - Cotton (CF): The spot price is 16583, with a main contract basis rate of 8.74% and a change of -0.24% from the previous day. The current month basis is 1333, and the spot price source is cotton price index 328: Xinjiang [3]. Soft Commodities and Chemicals - Sugar (SR): The spot price is 5390, with a main contract basis rate of 1.13% and a change of -0.42% from the previous day. The current month basis is 60, and the spot price source is white sugar: Liuzhou [3]. - Methanol (MA): The spot price is 2535, with a main contract basis rate of 1.93% and a change of 1.93% from the previous day. The current month basis is 48, and the spot price source is methanol: East China [3]. - Ethanol (EG): The spot price is 4170, with a main contract basis rate of -0.33% and a change of 1.21% from the previous day. The current month basis is -14, and the spot price source is ethanol: East China [3]. - PTA (TA): The spot price is 5820, with a main contract basis rate of 1.48% and a change of 1.48% from the previous day. The current month basis is 0, and the spot price source is PTA: East China [3]. - Polypropylene (PP): The spot price is 7900, with a main contract basis rate of 5.93% and a change of 0.68% from the previous day. The current month basis is 442, and the spot price source is Hangzhou Shaoxing Sanyuan T30S market price [3]. - Styrene (EB): The spot price is 8660, with a main contract basis rate of 0.05% and a change of 0.51% from the previous day. The current month basis is 87, and the spot price source is styrene: East China [3]. - Short - Fiber (PF): The spot price is 7250, with a main contract basis rate of -0.41% and a change of 0.40% from the previous day. The current month basis is -18, and the spot price source is Fangxiang semi - bright natural white 1.56*38mm polyester [3]. - Plastic: The spot price is 7500, with a main contract basis rate of 1.45% and a change of -0.52% from the previous day. The current month basis is 107, and the spot price source is Yuyao Zhejiang Petrochemical 7042 market price [3]. - PVC (V): The spot price is 4870, with a main contract basis rate of -2.91% and a change of 0.99% from the previous day. The current month basis is -146, and the spot price source is East China SG - 5 Xinjiang Zhongtai mainstream price [3]. - Rubber (RU): The spot price is 16700, with a main contract basis rate of 0.88% and a change of 1.11% from the previous day. The current month basis is 145, and the spot price source is Thai - produced: Qingdao Free Trade Zone [3]. - 20 - number Rubber (NR): The spot price is 13821, with a main contract basis rate of 3.37% and a change of -1.22% from the previous day. The current month basis is 451, and the spot price source is Thai 20 standard rubber: Qingdao Free Trade Zone [3]. - Soda Ash and Urea (UR): The spot price of soda ash (Shahe heavy - quality market price) is 1210, and the spot price of urea (small - particle urea: Henan) is 1850. The main contract basis rate of soda ash is 1.98% and a change of -0.10% from the previous day, with a current month basis of 36. The main contract basis rate of urea is 0.44% and a change of -0.10% from the previous day, with a current month basis of 36 [3]. - Pulp (SP): The spot price is 5315, with a main contract basis rate of 1.24% and a change of -0.08% from the previous day. The current month basis is 9, and the spot price source is bleached softwood pulp Silver Star: Chile [3]. Energy - Crude Oil (SC): The spot price is 549.0, with a main contract basis rate of -17.34% and a change of -4.14% from the previous day. The current month basis is -80.0, and the spot price source is Chinese Shengli: Pacific Rim [3]. - Fuel Oil: The spot price is 4446, with a main contract basis rate of 15.63% and a change of 6.22% from the previous day. The current month basis is 601, and the spot price source is bonded marine fuel oil 380CST: Zhoushan [3]. - Asphalt (BU): The spot price is 3550, with a main contract basis rate of -2.98% and a change of 0.57% from the previous day. The current month basis is -110, and the spot price source is heavy - traffic asphalt: market price: Shandong [3]. - Low - Sulfur Fuel Oil (LU): The spot price is 4518, with a main contract basis rate of 4.72% and a change of 5.37% from the previous day. The current month basis is 203, and the spot price source is marine fuel oil 0.5% low - sulfur: Singapore [3]. - LPG (PG): The spot price is 5148, with a main contract basis rate of 0.41% and a change of 3.35% from the previous day. The current month basis is 126, and the spot price source is market price: Guangzhou [3]. Index - CSI 300 (IF): The spot price is 4647.7, with a main contract basis rate of 0.40% and a change of 0.15% from the previous day. The current month basis is 18.7 [3]. - SSE 50 (IH): The spot price is 2988.5, with a main contract basis rate of 0.05% and a change of -0.02% from the previous day. The current month basis is 1.5 [3]. - CSI 500 (IC): The spot price is 8309.2, with a main contract basis rate of 0.65% and a change of 0.29% from the previous day. The current month basis is 53.6 [3].

1. Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. 2. Core Viewpoints - There are no explicit core viewpoints presented in the given text. 3. Summary by Related Catalogs 3.1 General Information - The report is the Maike Futures Basis Statistics Table dated March 6, 2026, at 9:00 [2]. - The settlement price is used for non - ferrous metal futures, and the closing price is used for other futures. The basis rate is the main contract basis rate, calculated as (spot price - main contract price) / main contract price, and the sample for historical basis rate extremes is from January 1, 2015, to the present. Data sources include Wind Financial Terminal and Steel Union Data Terminal [3]. 3.2 Futures Product Data - **Non - ferrous Metals**: For example, the main contract basis rate of copper is 0.14%, the spot price is 101560, and the price of the main contract is 101330. Aluminum has a basis rate of - 0.16%, zinc 0.26%, lead - 1.16%, tin 1.59%, and nickel 1.88% [3]. - **Industrial Metals**: Industrial silicon has a basis rate of 5.85%, and stainless steel 2.80% [3]. - **Energy and Chemicals**: Crude oil has a basis rate of - 17.34%, fuel oil 15.63%, and asphalt - 2.98% [3]. - **Agricultural Products**: Soybean has a basis rate of - 11.87%, bean粕 5.17%, and peanut 16.34% [3]. - **Soft Commodities**: Sugar has a basis rate of 1.13%, and methanol 1.93% [3]. - **Financial Futures**: CSI 300 Index Futures has a basis rate of 0.40%, SSE 50 Index Futures 0.05%, and CSI 500 Index Futures 0.65% [3].

Report Summary 1. Report Industry Investment Rating - Not mentioned in the provided content 2. Core View - The report presents the spot prices, futures prices, basis, basis rates, historical quantiles, and spot references of various commodities across multiple sectors including ferrous metals, non-ferrous metals, precious metals, agricultural products, energy chemicals, and financial products on March 2, 2026 [1][3] 3. Summary by Commodity Sectors Ferrous Metals - **Silicon Iron (SF603)**: Spot price 5628, futures price 5726, basis - 98, basis rate - 1.71%, historical quantile 47.30% [1] - **Silicon Manganese (SM603)**: Spot price 5970, futures price 6026, basis - 56, basis rate - 0.93%, historical quantile 16.70% [1] - **Rebar (RB2605)**: Spot price 3210, futures price 3067, basis 143, basis rate 4.66%, historical quantile 60.90% [1] - **Hot - Rolled Coil (HC2605)**: Spot price 3230, futures price 3215, basis 15, basis rate 0.47%, historical quantile 26.20% [1] - **Iron Ore (12605)**: Spot price 794, futures price 751, basis 44, basis rate 5.85%, historical quantile 36.20% [1] - **Coke (J2605)**: Spot price 1734, futures price 1636, basis 98, basis rate 6.03%, historical quantile 94.32% [1] - **Coking Coal (JM2605)**: Spot price 1156, futures price 1094, basis 63, basis rate 5.72%, historical quantile 38.40% [1] Non - Ferrous Metals - **Copper (CU2604)**: Spot price 101980, futures price 103920, basis - 1940, basis rate - 1.87%, historical quantile 0.83% [1] - **Aluminum (AL2604)**: Spot price 23410, futures price 23835, basis - 425, basis rate - 1.78%, historical quantile 1.87% [1] - **Alumina (AO2605)**: Spot price 2622, futures price 2744, basis - 122, basis rate - 4.44%, historical quantile 15.85% [1] - **Zinc (ZN2604)**: Spot price 24380, futures price 24710, basis - 330, basis rate - 1.34%, historical quantile 3.54% [1] - **Tin (SN2604)**: Spot price 430000, futures price 453240, basis - 23240, basis rate - 5.13%, historical quantile 0.20% [1] - **Nickel (MISEOR)**: Spot price 138650, futures price 141560, basis - 2910, basis rate - 2.06%, historical quantile 1.04% [1] - **Stainless Steel (SS2604)**: Spot price 14350, futures price 14205, historical quantile 59.44% [1] - **Lithium Carbonate (LC2605)**: Spot price 172000, futures price 176040, basis - 4040, basis rate - 2.29%, historical quantile 12.11% [1] - **Industrial Silicon (215605)**: Spot price 9150, futures price 8392, basis 755, basis rate 8.99%, historical quantile 50.80% [1] Precious Metals - **Gold (AU2604)**: Spot price 1142.5, futures price 1147.9, basis - 5.4, basis rate - 0.50%, historical quantile 2.20% [1] - **Silver (AG2604)**: Spot price 22369.0, futures price 23019.0, basis - 650.0, basis rate - 2.80%, historical quantile 2.30% [1] Agricultural Products - **Soybean Meal (M2605)**: Spot price 3020, futures price 2833.0, basis 187.0, basis rate 6.60%, historical quantile 59.70% [1] - **Soybean Oil (y2605)**: Spot price 8510, futures price 8226.0, basis 284.0, basis rate 3.45%, historical quantile 55.90% [1] - **Palm Oil (P2605)**: Spot price 8680, futures price 8780.0, basis - 100.0, basis rate - 1.14%, historical quantile 1.70% [1] - **Rapeseed Meal (RM605)**: Spot price 2350, futures price 2287.0, basis 63.0, basis rate 2.75%, historical quantile 58.20% [1] - **Rapeseed Oil (Oleos)**: Spot price 9820, futures price 9185.0, basis 635.0, basis rate 6.91%, historical quantile 93.60% [1] - **Corn (C2605)**: Spot price 2390, futures price 2360.0, basis 30.0, basis rate 1.27%, historical quantile 45.60% [1] - **Corn Starch (CS2605)**: Spot price 2630, futures price 2667.0, basis - 37.0, basis rate - 1.39%, historical quantile 4.30% [1] - **Live Hogs (FH5605)**: Spot price 11000, futures price 11485.0, basis - 485.0, basis rate - 4.22%, historical quantile 27.70% [1] - **Eggs (JD2604)**: Spot price 2910, futures price 3267.0, basis - 357.0, basis rate - 10.93%, historical quantile 9.40% [1] - **Cotton (CF605)**: Spot price 16600, futures price 15395.0, basis 1205.0, basis rate 7.83%, historical quantile 78.70% [1] - **Sugar (SR605)**: Spot price 5390, futures price 5324.0, basis 66.0, basis rate 1.24%, historical quantile 9.60% [1] - **Apples (AP605)**: Spot price 9400, futures price 9760.0, basis - 360.0, basis rate - 3.69%, historical quantile 9.80% [1] - **Jujubes (CJ605)**: Spot price 7900, futures price 8785.0, basis - 885.0, basis rate - 10.07%, historical quantile 46.00% [1] Energy Chemicals - **Para - Xylene (PX605)**: Spot price 7362.2, futures price 7394.0, basis - 31.8, basis rate - 0.43%, historical quantile 24.40% [1] - **PTA (TA605)**: Spot price 5160.0, futures price 5250.0, basis - 90.0, basis rate - 1.71%, historical quantile 20.20% [1] - **Ethylene Glycol (EG2605)**: Spot price 3610.0, futures price 3703.0, basis - 93.0, basis rate - 2.51%, historical quantile 21.70% [1] - **Polyester Staple Fiber (PF604)**: Spot price 6630.0, futures price 6652.0, basis - 22.0, basis rate - 0.33%, historical quantile 35.50% [1] - **Styrene (EB2604)**: Spot price 7645.0, futures price 7524.0, basis 121.0, basis rate 1.61%, historical quantile 52.30% [1] - **Methanol (MA605)**: Spot price 2152.0, futures price 2179.0, basis - 27.0, basis rate - 1.24%, historical quantile 22.20% [1] - **Urea (UR605)**: Spot price 1860.0, futures price 1847.0, basis 13.0, basis rate 0.70%, historical quantile 21.20% [1] - **LLDPE (L2605)**: Spot price 6550.0, futures price 6597.0, basis - 47.0, basis rate - 0.71%, historical quantile 11.80% [1] - **PP (PP2605)**: Spot price 6640.0, futures price 6611.0, basis 29.0, basis rate 0.44%, historical quantile 34.50% [1] - **PVC (V2605)**: Spot price 4600.0, futures price 4792.0, basis - 192.0, basis rate - 4.01%, historical quantile 30.30% [1] - **Caustic Soda (SHEOS)**: Spot price 1981.3, futures price 2125.0, basis - 143.8, basis rate - 6.76%, historical quantile 24.40% [1] - **LPG (PG2604)**: Spot price 4748.0, futures price 4519.0, basis 229.0, basis rate 5.07%, historical quantile 44.20% [1] - **Asphalt (BU2604)**: Spot price 3290.0, futures price 3346.0, basis - 56.0, basis rate - 1.67%, historical quantile 42.00% [1] - **Butadiene Rubber (BR2603)**: Spot price 13000.0, futures price 12630.0, basis 370.0, basis rate 2.93%, historical quantile 73.40% [1] - **Glass (FG605)**: Spot price 952.0, futures price 1058.0, basis - 106.0, basis rate - 11.13%, historical quantile 33.82% [1] - **Soda Ash (SA605)**: Spot price 1151.0, futures price 1191.0, basis - 40.0, basis rate - 3.48%, historical quantile 31.72% [1] - **Natural Rubber (RU2605)**: Spot price 16950.0, futures price 17155.0, basis - 205.0, basis rate - 1.21%, historical quantile 81.13% [1] Financial Products - **IF2603.CFF**: Spot price 4710.6, futures price 4713.8, basis 3.2, basis rate 0.07%, historical quantile 74.00% [1] - **IH2603.CFE**: Spot price 3039.4, futures price 3045.4, basis 6.0, basis rate 0.20%, historical quantile 86.60% [1] - **IC2603.CFE**: Spot price 8658.5, futures price 8645.4, basis - 13.1, basis rate - 0.15%, historical quantile 62.70% [1] - **IM2603.CFE**: Spot price 8560.8, futures price 8531.4, basis - 29.4, basis rate - 0.35%, historical quantile 47.90% [1] - **2 - Year Bond (TS2606)**: Spot price 100.00, futures price 102.45, basis - 0.01, basis rate - 0.01%, historical quantile 24.30%, conversion factor 0.9762 [1] - **5 - Year Bond (TF2606)**: Spot price 100.19, futures price 105.99, basis 0.03, basis rate 0.03%, historical quantile 33.80%, conversion factor 0.9450 [1] - **10 - Year Bond (T2606)**: Spot price 99.97, futures price 108.39, basis 0.04, basis rate 0.04%, historical quantile 20.80%, conversion factor 0.9219 [1] - **30 - Year Bond (TL2606)**: Spot price 123.17, futures price 112.12, basis 0.57, basis rate 0.51%, historical quantile 82.10%, conversion factor 1.0935 [1]

Group 1: Report Overview - The report is a Maike Futures basis statistics table dated February 4, 2026, at 9:00, covering various futures and spot prices [2]. Group 2: Core Data Metals - **Copper (CU)**: The main contract basis rate is 1.06%, with a decrease of -0.31% compared to yesterday. The current month, next month, and the month after next basis are -310, -670, and -850 respectively. The spot price is 101,320, and the source is SMM 1 electrolytic copper [3]. - **Aluminum (AL)**: The main contract basis rate is -0.98%, with an increase of 0.44% compared to yesterday. The current month, next month, and the month after next basis are -230, -332, and -395 respectively. The spot price is 23,290, and the source is SMM A00 aluminum [3]. - **Zinc (ZN)**: The main contract basis rate is 0.58%, with an increase of 1.34% compared to yesterday. The current month and next month basis are 145 and 82 respectively. The spot price is 25,050, and the source is SMM 0FFF [3]. - **Tin (SN)**: The main contract basis rate is 2.30%, with an increase of 6.71% compared to yesterday. The current month, next month, and the month after next basis are 8280, 7270, and 7420 respectively. The spot price is 381,900, and the source is SMM 1 tin [3]. - **Nickel (NI)**: The main contract basis rate is 2.12%, with an increase of 4.81% compared to yesterday. The current month, next month, and the month after next basis are 6380, 2030, and 5720 respectively. The spot price is 139,050, and the source is SMM 1 electrolytic nickel [3]. - **Industrial Silicon (IT)**: The main contract basis rate is 5.47%, with an increase of 0.06% compared to yesterday. The current month and next month basis are 510 and 485 respectively. The spot price is 88,520, and the source is SMM East China general 553 silicon [3]. - **Lithium Carbonate (LC)**: The main contract basis rate is 1.31%, with an increase of 0.49% compared to yesterday. The current month, next month, and the month after next basis are 2140, 2140, and 1900 respectively. The spot price is 147,200, and the source is Steel Union high - quality battery - grade lithium carbonate [3]. - **Gold (AU)**: The main contract basis rate is 0.23%, with a decrease of -1.60% compared to yesterday. The current month and next month basis are -0.50 and -2.36 respectively. The spot price is 1096.34, and the source is AuT + D: Shanghai Gold Exchange [3]. - **Silver (AG)**: The main contract basis rate is 0.72%, with an increase of 6.40% compared to yesterday. The current month, next month, and the month after next basis are 154, 779, and 1235 respectively. The spot price is 21,600, and the source is Ag(T + D): Shanghai Gold Exchange [3]. Ferrous Metals - **Rebar (RB)**: The main contract basis rate is 3.58%, with a decrease of -0.03% compared to yesterday. The current month and next month basis are 111 and 28 respectively. The spot price is 3210, and the source is HRB400: 20mm: Shanghai [3]. - **Hot - Rolled Coil (HC)**: The main contract basis rate is -0.46%, with a decrease of -0.12% compared to yesterday. The current month, next month, and the month after next basis are -15, -36, and -60 respectively. The spot price is 3250, and the source is Q235B: 4.75mm: Shanghai [3]. - **Iron Ore**: The main contract basis rate is 7.34%, with an increase of 0.20% compared to yesterday. The current month, next month, and the month after next basis are 57.1, 74.6, and 85.6 respectively. The spot price is 834.6, and the source is PB powder: 61%: Qingdao [3]. - **Coke**: The main contract basis rate is -11%, with a decrease of -1.92% compared to yesterday. The current month, next month, and the month after next basis are -110.0, -179.0, and -269.0 respectively. The spot price is 1605, and the source is metallurgical coke: quasi - first - class [3]. - **Coking Coal**: The main contract basis rate is 5.14%, with a decrease of -2.19% compared to yesterday. The current month, next month, and the month after next basis are 60.0, -18.0, and -182.5 respectively. The spot price is 1227.5, and the source is main coking coal: Jixian: Mongolian No. 5 [3]. - **Steam Coal (ZC)**: The main contract basis rate is 12.65%, with no change (0.00%) compared to yesterday. The current month, next month, and the month after next basis are -101.4, -101.4, and -101.4 respectively. The spot price is 700.0, and the source is Shanxi Q500: Qinhuangdao Port [3]. - **Silicon Iron (SF)**: The main contract basis rate is -5.87%, with an increase of 0.07% compared to yesterday. The current month, next month, and the month after next basis are -316, -390, and -466 respectively. The spot price is 5290, and the source is FeSi75 - B: Inner Mongolia [3]. - **Manganese Silicon (SM)**: The main contract basis rate is 1.44%, with a decrease of -0.03% compared to yesterday. The current month and next month basis are 84 and 40 respectively. The spot price is 5920, and the source is FeMn68Si18: Hebei [3]. - **Stainless Steel**: The main contract basis rate is 3.79%, with a decrease of -2.7% compared to yesterday. The current month and next month basis are 382 and 255 respectively. The spot price is 14100, and the source is 304/2B: 2.0*1219: Angang Lianzhong Wuxi [3]. Agricultural Products - **Soybeans (A)**: The main contract basis rate is -6.18%, with an increase of 0.19% compared to yesterday. The current month, next month, and the month after next basis are -284, -318, and -318 respectively. The spot price is 4100, and the source is domestic first - class soybeans: Harbin [3]. - **Soybean Meal (M)**: The main contract basis rate is 11.11%, with an increase of 0.20% compared to yesterday. The current month, next month, and the month after next basis are 137, 303, and 189 respectively. The spot price is 3030, and the source is ordinary protein soybean meal: Zhangjiagang [3]. - **Rapeseed Meal (RM)**: The main contract basis rate is 10.72%, with an increase of 1.31% compared to yesterday. The current month, next month, and the month after next basis are 241, 203, and 265 respectively. The spot price is 2490, and the source is ordinary rapeseed meal: Nantong [3]. - **Edible Oils and Oilseeds** - **Soybean Oil (V)**: The main contract basis rate is 6.98%, with a decrease of -0.94% compared to yesterday. The current month, next month, and the month after next basis are 564, 620, and 650 respectively. The spot price is 8650, and the source is first - grade soybean oil: Zhangjiagang [3]. - **Rapeseed Oil (OI)**: The main contract basis rate is 8.19%, with a decrease of -1.26% compared to yesterday. The current month, next month, and the month after next basis are 910, 755, and 835 respectively. The spot price is 9970, and the source is rapeseed oil: Jiangsu [3]. - **Peanuts (PK)**: The main contract basis rate is 14.57%, with no change (0.00%) compared to yesterday. The current month, next month, and the month after next basis are 1274, 668, and 990 respectively. The spot price is 9200, and the source is Baisha peanuts: 45% oil content, 9% water content, Changtu [3]. - **Palm Oil (P)**: The main contract basis rate is 0.73%, with an increase of 0.22% compared to yesterday. The current month, next month, and the month after next basis are 66, 120, and 200 respectively. The spot price is 9160, and the source is 24 - degree palm oil: Guangdong [3]. - **Grains** - **Corn (C)**: The main contract basis rate is 2.56%, with a decrease of -0.49% compared to yesterday. The current month and next month basis are 71 and 28 respectively. The spot price is 5355, and the source is Guoshenquan Port national - standard first - class corn [3]. - **Corn Starch (CS)**: The main contract basis rate is 4.03%, with an increase of 0.17% compared to yesterday. The current month and next month basis are 38 and 40 respectively. The spot price is 2572, and the source is the ex - factory price of corn starch: Changchun [3]. - **Agricultural By - products** - **Apples (AP)**: The main contract basis rate is -12.49%, with a decrease of -0.98% compared to yesterday. The current month and next month basis are -1185 and 44 respectively. The spot price is 8300, and the source is the average price of red Fuji apples in Yantai Qixia and Shaanxi Luochuan [3]. - **Eggs (JD)**: The main contract basis rate is 26.99%, with a decrease of -2.42% compared to yesterday. The current month, next month, and the month after next basis are 323, -123, and 3427 respectively. The spot price is 3427, and the source is eggs: Hebei Cangzhou [3]. - **Hogs (LH)**: The main contract basis rate is 12.90%, with a decrease of -1.62% compared to yesterday. The current month and next month basis are 1000 and -455 respectively. The spot price is 12600, and the source is external ternary hogs: Henan [3]. - **Soft Commodities** - **Cotton (CF)**: The main contract basis rate is 9.13%, with a decrease of -1.13% compared to yesterday. The current month, next month, and the month after next basis are 1337, 1207, and 797 respectively. The spot price is 15987, and the source is the cotton price index 328: Xinjiang [3]. - **Sugar (SR)**: The main contract basis rate is 3.74%, with an increase of 0.80% compared to yesterday. The current month, next month, and the month after next basis are 193, 183, and 80 respectively. The spot price is 5360, and the source is white sugar: Liuzhou [3]. Chemicals - **Methanol (MA)**: The main contract basis rate is -0.31%, with a decrease of -0.11% compared to yesterday. The current month basis is -86. The spot price is 2240 [3]. - **Ethanol (EG)**: The main contract basis rate is -2.1%, with no change (0.00%) compared to yesterday. The current month, next month, and the month after next basis are -102, -208, and -296 respectively. The spot price is 3665, and the source is ethanol: East China [3]. - **PTA (TA)**: The main contract basis rate is -1.07%, with an increase of 0.15% compared to yesterday. The current month, next month, and the month after next basis are -55, -57, and -13 respectively. The spot price is 2005, and the source is PTA: East China [3]. - **Ethylene (EB)**: The main contract basis rate is 1.55%, with a decrease of -1.63% compared to yesterday. The current month, next month, and the month after next basis are 208, 415, and 480 respectively. The spot price is 7572 [3]. - **Short - fiber (PF)**: The main contract basis rate is 1.23%, with a decrease of -0.25% compared to yesterday. The current month basis is 20 [3]. - **Rubber (RU)**: The main contract basis rate is -1.13%, with a decrease of -1.23% compared to yesterday [3]. - **Asphalt (BU)**: The main contract basis rate is -1.18%, with a decrease of -0.60% compared to yesterday. The current month, next month, and the month after next basis are -54, -35, and 53 respectively. The spot price is 3250 [3]. - **Low - Sulfur Fuel Oil (LU)**: The main contract basis rate is -4.61%, with an increase of 2.60% compared to yesterday. The current month and next month basis are 94 and 85 respectively. The spot price is 3250 [3]. - **Polypropylene (PP)**: The main contract basis rate is 1.78%, with a decrease of -0.24% compared to yesterday. The current month, next month, and the month after next basis are 120, 93, and 144 respectively. The spot price is 6920, and the source is the market price of Hangzhou Shaoxing Sanyuan T30S [3]. - **Soda Ash (SA)**: The main contract basis rate is -3.6%, with an increase of 0.16% compared to yesterday. The current month, next month, and the month after next basis are -136, -38, and -102 respectively. The spot price is 1163, and the source is the market price of heavy - quality soda ash in Shahe [3]. - **Urea (UR)**: The main contract basis rate is 0.00%, with an increase of 0.95% compared to yesterday. The current month, next month, and the month after next basis are 0, 34, and 40 respectively. The spot price is 1770, and the source is small - particle urea: Henan [3]. - **LPG (PG)**: The main contract basis rate is 15.59%, with a decrease of -1.08% compared to yesterday. The current month, next month, and the month after next basis are 483, 813, and 688 respectively. The spot price is 4848, and the source is the market price in Guangzhou [3]. Financial Futures - **CSI 300 (IF)**: The main contract basis rate is 0.15%, with a decrease of -0.47% compared to yesterday. The current month, next month, and the month after next basis are 2.5, 7.1, and 35.1 respectively. The spot price is 4660.1 [3]. - **SSE 50 (IH)**: The main contract basis rate is 0.05%, with an increase of 0.09% compared to yesterday. The current month basis is 1.6. The spot price is 3034.6 [

1. Report Industry Investment Rating - No information provided in the content 2. Core View of the Report - The report presents the basis, basis rate, historical quantiles, spot price, futures price, and spot reference for various commodities including ferrous metals, non - ferrous metals, precious metals, agricultural products, energy and chemical products, and financial futures on February 2, 2026 [1][2] 3. Summary by Commodity Categories Ferrous Metals - For silicon iron (SF603), the basis is 18, basis rate is 0.32%, historical quantile is 57.40%, spot price is 5678, and futures price is 5660 [1] - For silicon manganese (SM603), the basis is 122, basis rate is 1.67%, historical quantile is 45.00%, spot price is 5970, and futures price is 5872 [1] - For rebar (RB2605), the basis is 3.90%, historical quantile is 54.00%, spot price is 3250, and futures price is 3128 [1] - For hot - rolled coil (HC2605), the basis is - 18, basis rate is 0.55%, historical quantile is 11.40%, spot price is 3270, and futures price is 3288 [1] - For iron ore (I2605), the basis is 46, basis rate is 5.79%, historical quantile is 83.70%, spot price is 837, and futures price is 792 [1] - For coke (J2605), the basis is 13, basis rate is 0.74%, historical quantile is 72.71%, spot price is 1734, and futures price is 1722 [1] - For coking coal (JM2605), the basis is 0, basis rate is 0.04%, historical quantile is 32.00%, spot price is 1156, and futures price is 1156 [1] Non - Ferrous Metals - For copper (CU2603), the basis is 730, basis rate is 0.70%, historical quantile is 94.37%, spot price is 104410, and futures price is 103680 [1] - For aluminum (AL2603), the basis is 100, basis rate is 0.41%, historical quantile is 85.20%, spot price is 24660, and futures price is 24560 [1] - For alumina (AO2605), the basis is - 145, basis rate is 9.91%, historical quantile is 45.25%, spot price is 2623, and futures price is 2768 [1] - For zinc (ZN2603), the basis is - 55, basis rate is 0.43%, historical quantile is 33.95%, spot price is 25835, and futures price is 25720 [1] - For tin (SN2603), the basis is 18650, basis rate is 4.80%, historical quantile is 99.79%, spot price is 428650, and futures price is 409000 [1] - For nickel (NI2603), the basis is 2700, basis rate is 1.93%, historical quantile is 98.54%, spot price is 142700, and futures price is 140000 [1] - For stainless steel (SS2603), the basis is 430, basis rate is 3.04%, historical quantile is 79.18%, spot price is 14570, and futures price is 14140 [1] - For lithium carbonate (LC2605), the basis is 12300, basis rate is 8.30%, historical quantile is 99.55%, spot price is 160500, and futures price is 148200 [1] - For industrial silicon (SISEOF), the basis is 400, basis rate is 4.52%, historical quantile is 23.35%, spot price is 9250, and futures price is 8850 [1] Precious Metals - For gold (AU2604), the basis is 2.6, basis rate is 0.20%, historical quantile is 99.80%, spot price is 1164.0, and futures price is 1161.4 [1] - For silver (AG2604), the basis is - 411.0, basis rate is - 1.50%, historical quantile is 0.40%, spot price is 27941.0, and futures price is 27530.0 [1] Agricultural Products - For soybean meal (M2605), the basis is 293.0, basis rate is 10.59%, historical quantile is 69.90%, spot price is 3060, and futures price is 2767.0 [1] - For soybean oil (V2605), the basis is 338.0, basis rate is 4.08%, historical quantile is 62.30%, spot price is 8620, and futures price is 8282.0 [1] - For palm oil (P2605), the basis is - 50.0, basis rate is 10.54%, historical quantile is 11.20%, spot price is 9190, and futures price is 9240.0 [1] - For rapeseed meal (RM605), the basis is 183.0, basis rate is 8.00%, historical quantile is 82.00%, spot price is 2470, and futures price is 2287.0 [1] - For rapeseed oil (Oleos), the basis is - 770.0, basis rate is 8.21%, historical quantile is 96.20%, spot price is 9380.0, and futures price is 10150 [1] - For corn (C2603), the basis is 69.0, basis rate is 3.04%, historical quantile is 70.30%, spot price is 2340, and futures price is 2271.0 [1] - For corn starch (CS2603), the basis is 109.0, basis rate is 4.32%, historical quantile is 53.20%, spot price is 2630, and futures price is 2521.0 [1] - For live pigs (LH2603), the basis is 1430.0, basis rate is 12.75%, historical quantile is 84.00%, spot price is 12650, and futures price is 11220.0 [1] - For eggs (JD2603), the basis is 1018.0, basis rate is 33.91%, historical quantile is 92.70%, spot price is 4020 [1] - For cotton (CF605), the basis is 1130.0, basis rate is 7.70%, historical quantile is 75.80%, spot price is 15800, and futures price is 14670.0 [1] - For sugar (SR605), the basis is 132.0, basis rate is 2.52%, historical quantile is 18.50%, spot price is 5380, and futures price is 5248.0 [1] - For apples (AP605), the basis is - 118.0, basis rate is 1.24%, historical quantile is 19.20%, spot price is 9518.0, and futures price is 9400 [1] - For red dates (C1605), the basis is - 950.0, basis rate is 10.61%, historical quantile is 44.60%, spot price is 8000, and futures price is 8950.0 [1] Energy and Chemical Products - For paraxylene (PX603), the basis is 30.0, basis rate is 0.41%, historical quantile is 37.90%, spot price is 7312.0, and futures price is 7282.0 [1] - For PTA (TA605), the basis is - 70.0, basis rate is + 1.33%, historical quantile is 29.60%, spot price is 5270.0, and futures price is 5200.0 [1] - For ethylene glycol (EG2605), the basis is - 108.0, basis rate is 16.60%, historical quantile is 42.76%, spot price is 3805.0, and futures price is 3913.0 [1] - For polyester staple fiber (PF603), the basis is 14.0, basis rate is 0.21%, historical quantile is 47.40%, spot price is 6670.0, and futures price is 6656.0 [1] - For styrene (EB2603), the basis is - 171.0, basis rate is 2.22%, historical quantile is 63.40%, spot price is 7714.0, and futures price is 7885.0 [1] - For methanol (MA605), the basis is - 50.0, basis rate is + 2.16%, historical quantile is 11.80%, spot price is 2270.0, and futures price is 2320.0 [1] - For urea (UR605), the basis is 0.0, basis rate is 0.00%, historical quantile is 16.70%, spot price is 1790.0, and futures price is 1790.0 [1] - For LLDPE (L2605), the basis is - 64.0, basis rate is + 0.91%, historical quantile is 8.30%, spot price is 7014.0, and futures price is 6950.0 [1] - For PP (PP2605), the basis is - 34.0, basis rate is 10.50%, historical quantile is 18.20%, spot price is 6824.0, and futures price is 6790.0 [1] - For PVC (V2605), the basis is - 283.0, basis rate is 9.30%, historical quantile is 45.59%, spot price is 5063.0, and futures price is 4780.0 [1] - For caustic soda (SH603), the basis is 109.0, basis rate is 13.01%, historical quantile is 27.70%, spot price is 1975.0, and futures price is 1866.0 [1] - For LPG (PG2603), the basis is 558.0, basis rate is 73.40%, historical quantile is 44.79%, spot price is 4848.0, and futures price is 4290.0 [1] - For asphalt (BU2603), the basis is - 164.0, basis rate is 12.91%, historical quantile is 17.90%, spot price is 3260.0, and futures price is 3424.0 [1] - For butadiene rubber (BR2603), the basis is - 390.0, basis rate is 4.60%, historical quantile is 12.34%, spot price is 13000.0, and futures price is 13390.0 [1] - For glass (FG605), the basis is - 116.0, basis rate is 28.51%, historical quantile is 43.44%, spot price is 1056.0, and futures price is 940.0 [1] - For soda ash (SA605), the basis is - 40.0, basis rate is 29.97%, historical quantile is 28.51%, spot price is 1204.0, and futures price is 1164.0 [1] - For natural rubber (RU2605), the basis is - 110.0, basis rate is 10.68%, historical quantile is 88.07%, spot price is 16360.0, and futures price is 16250.0 [1] Financial Futures - For IF2603.CFE, the basis is 4.7, basis rate is 0.10%, historical quantile is 77.50%, spot price is 4711.0, and futures price is 4706.3 [1] - For IH2603.CFE, the basis is 7.5, basis rate is 0.24%, historical quantile is 90.70%, spot price is 3074.0, and futures price is 3066.5 [1] - For IC2603.CFE, the basis is - 8.1, basis rate is + 0.10%, historical quantile is 71.60%, spot price is 8370.5, and futures price is 8362.4 [1] - For IM2603.CFE, the basis is 5.7, basis rate is 0.07%, historical quantile is 91.20%, spot price is 8260.6, and futures price is 8254.9 [1] - For 2 - year bond (TS2603), the basis is 0.04, basis rate is 0.03%, historical quantile is 41.70%, spot price is 102.39, and futures price is 100.11 [1] - For 5 - year bond (TF2603), the basis is 0.01, basis rate is 0.01%, historical quantile is 30.00%, spot price is 105.88, and futures price is 99.66 [1] - For 10 - year bond (T2603), the basis is 0.06, basis rate is 0.05%, historical quantile is 23.30%, spot price is 108.29, and futures price is 100.63 [1] - For 30 - year bond (TL2603), the basis is 0.61, basis rate is 0.54%, historical quantile is 84.70%, spot price is 126.60, and futures price is 111.86 [1]