Report Overview - Report Date: May 21, 2025 [3] - Data Sources: Wind, Mysteel, GF Futures Research Institute [4] Core Data Summary Metals - **Ferroalloys**: Silicon iron (SF507) had a spot price of 5778, a futures price of 5638, a basis of 140, and a basis rate of 2.48%. Silicon manganese (SM509) had a spot price of 5870 and a futures price of 5778, with a basis rate of 1.59% [1]. - **Steel Products**: Rebar (RB2510) had a spot price of 3058 and a futures price of 3280, with a basis rate of -2.44%. Hot - rolled coil (HC2510) had a spot price of 3202 and a futures price of 3280, with a basis rate of 2.44% [1]. - **Iron Ore and Coking Coal**: Iron ore (I2509) had a spot price of 725 and a futures price of 800, with a basis rate of 10.30%. Coking coal (JM2509) had a spot price of 1025 and a futures price of 839, with a basis rate of 22.24% [1]. - **Non - ferrous Metals**: Copper (CU2506) had a spot price of 78340, a futures price of 77540, a basis of 390, and a basis rate of 1.03%. Aluminum (AL2507) had a spot price of 20210, a futures price of 20075, a basis of 135, and a basis rate of 0.67% [1]. - **Precious Metals**: Gold (AU2508) had a spot price of 754.4, a futures price of 752.2, a basis of - 2.2, and a basis rate of - 0.29%. Silver (AG2508) had a spot price of 8057.0, a futures price of 8074.0, a basis of - 17.0, and a basis rate of - 0.21% [1]. Agricultural Products - **Oilseeds and Oils**: Soybean meal (M2509) had a spot price of 2889.0, a futures price of 2860, a basis of 29.0, and a basis rate of 1.00%. Soybean oil (Y2509) had a spot price of 8080, a futures price of 7820.0, a basis of 260.0, and a basis rate of 3.32% [1]. - **Grains and Others**: Corn (C2507) had a spot price of 2310, a futures price of 2312.0, a basis of - 2.0, and a basis rate of - 0.09%. Wheat (not detailed in a clear - cut manner in the table but presented in the overall structure) [1]. - **Livestock and Poultry Products**: Live hogs (LH2509) had a spot price of 14780, a futures price of 13690.0, a basis of 1090.0, and a basis rate of 7.96%. Eggs (JD2507) had a spot price of 3000, a futures price of 2964.0, a basis of 36.0, and a basis rate of 1.21% [1]. Energy and Chemicals - **Petrochemicals**: Para - xylene (PX509) had a spot price of 6883.3, a futures price of 6668.0, a basis of 215.3, and a basis rate of 3.23%. PTA (TA509) had a spot price of 4850.0, a futures price of 4732.0, a basis of 118.0, and a basis rate of 2.49% [1]. - **Plastics and Rubbers**: LLDPE (L2509) had a spot price of 7400.0, a futures price of 7222.0, a basis of 178.0, and a basis rate of 2.46%. PP (PP2509) had a spot price of 7260.0, a futures price of 7047.0, a basis of 213.0, and a basis rate of 3.02% [1]. - **Other Chemicals**: Glass (FG509) had a spot price of 1072.0, a futures price of 1025.0, a basis of 47.0, and a basis rate of 4.38%. Soda ash (SA509) had a spot price of 1315.0, a futures price of 1280.0, a basis of 35.0, and a basis rate of 2.66% [1]. Financial Futures - **Stock Index Futures**: CSI 300 (IF2506) had a spot price of 3898.2, a futures price of 3865.4, a basis of - 32.8, and a basis rate of - 0.85%. SSE 50 (IH2506) had a spot price of 2716.6, a futures price of 2699.4, a basis of - 17.2, and a basis rate of - 0.64% [1]. - **Bond Futures**: 2 - year bond (TS2506) had a spot price of 102.36, a futures price of 100.20, a basis of - 0.08, and a basis rate of - 0.07%. 5 - year bond (TF2506) had a spot price of 105.98, a futures price of 100.86, a basis of - 0.05, and a basis rate of - 0.04% [1].