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Home > News > Comparison Table of Spot and Futures Prices for Commodities on February 4

Comparison Table of Spot and Futures Prices for Commodities on February 4

Published on 2026-02-05
Commodity Spot Nearest Contract Main Contract Price Code Price Spot-Futures Basis 1 Code Price Spot-Futures Basis 2
Zhengzhou Commodity Exchange
PTA 5167.03 2602 5182 -14 (-0.27%) 2605 5202 -34 (-0.66%)
White Sugar 5291.67 2603 5219 72 (1.36%) 2605 5207 84 (1.59%)
Cotton 16016.33 2603 14695 1321 (8.25%) 2605 14650 1366 (8.53%)
Rapeseed Oil (OI) 10080.00 2603 9555 525 (5.21%) 2605 9276 804 (7.98%)
Glass 13.23 2602 993 65 (6.14%) 2605 1103 -44 (-4.16%)
Rapeseed Meal 2570.00 2603 2357 213 (8.29%) 2605 2251 319 (12.41%)
Thermal Coal 708.25 2602 801.4 -93 (-13.13%) 2701 801.4 -93 (-13.13%)
Ferrosilicon 5332.86 2602 5420 -87 (-1.63%) 2605 5642 -309 (-5.79%)
Silicon Manganese 5542.00 2602 5822 -280 (-5.05%) 2605 5862 -320 (-5.77%)
Methanol (MA) 2231.67 2602 2222 9 (0.40%) 2605 2258 -26 (-1.17%)
Cotton Yarn 23625.00 2602 20325 3300 (13.97%) 2605 20510 3115 (13.19%)
Urea 1777.50 2602 1693 84 (4.73%) 2605 1785 -7 (-0.39%)
Soda Ash 1201.43 2602 1187 14 (1.17%) 2605 1219 -17 (-1.41%)
Polyester Staple Fiber 6581.29 2602 6496 85 (1.29%) 2604 6612 -30 (-0.46%)
PX 7650.00 2602 7482 168 (2.20%) 2605 7274 376 (4.92%)
Caustic Soda 622.00 2602 1942 1.75 (0.09%) 2603 1964 -20 (-1.03%)
PET Bottle Chip 6262.50 2602 6140 122 (1.95%) 2605 6150 112 (1.79%)
Dalian Commodity Exchange
Palm Oil 9074.00 2602 8902 172 (1.90%) 2605 9166 -92 (-1.01%)
PVC 4813.00 2602 4819 -6 (-0.12%) 2605 5108 -295 (-6.13%)
LLDPE 6975.00 2602 6750 225 (3.23%) 2605 6902 73 (1.05%)
Soybean No.1 4460.00 2603 4333 127 (2.85%) 2605 4385 75 (1.68%)
Soybean Meal 3178.00 2603 2988 190 (5.98%) 2605 2725 453 (14.25%)
Soybean Oil 8452.00 2603 8216 236 (2.79%) 2605 8146 306 (3.62%)
Corn 2267.14 2603 2262 5 (0.22%) 2605 2270 -2.86 (-0.13%)
Coke 1443.75 2602 1518 -74 (-5.13%) 2605 1751.5 -307 (-21.26%)
Coking Coal 1466.25 2602 1055 411 (28.03%) 2605 1199 267 (18.21%)
Iron Ore 805.56 2602 808 -2.44 (-0.30%) 2605 782 23 (2.86%)
Egg 7.67 2602 2924 911 (123.75%) 2603 2947 888 (123.16%)
PP 6690.00 2602 6653 37 (0.55%) 2605 6776 -86 (-1.29%)
EG 3848.33 2602 3693 155 (4.03%) 2605 3778 70 (1.82%)
Styrene 7720.00 2602 7920 -200 (-2.59%) 2603 7747 -27 (-0.35%)
LPG 4342.50 2602 4333 9 (0.21%) 2604 4498 -155 (-3.57%)
Live Hog 12.85 2603 11160 1690 (13.15%) 2605 11695 1155 (8.99%)
Benzene 6163.33 2603 6161 2.33 (0.04%) 2603 6161 2.33 (0.04%)
Shanghai Futures Exchange
Copper 104786.67 2602 104460 326 (0.31%) 2603 104920 -133 (-0.13%)
Rebar 3177.00 2602 3007 170 (5.35%) 2605 3110 67 (2.11%)
Zinc 24886.00 2602 24825 61 (0.25%) 2603 24835 51 (0.20%)
Aluminum 23780.00 2602 23890 -110 (-0.46%) 2603 23910 -130 (-0.55%)
Gold 1134.83 2602 1119.44 15 (1.32%) 2604 1120.94 13 (1.15%)
Wire Rod 3377.50 2602 3500 -122 (-3.61%) 2605 3459 -81 (-2.40%)
Fuel Oil 5362.50 2603 2776 2586 (48.22%) 2605 2762 2600 (48.48%)
Natural Rubber 16175.00 2603 16375 -200 (-1.24%) 2605 16315 -140 (-0.87%)
Lead 16481.25 2602 16495 -13 (-0.08%) 2603 16600 -118 (-0.72%)
Silver 24179.67 2602 23175 1004 (4.15%) 2604 22720 1459 (6.03%)
Petroleum Asphalt 3280.00 2602 3348 -68 (-2.07%) 2604 3359 -79 (-2.41%)
Hot-Rolled Coil 3313.33 2602 3250 63 (1.90%) 2605 3276 37 (1.12%)
Nickel 142116.67 2602 135470 6646 (4.68%) 2605 136650 5466 (3.85%)
Tin 395600.00 2602 392420 3180 (0.80%) 2603 392670 2930 (0.74%)
Pulp 5400.00 2602 5244 156 (2.89%) 2605 5300 100 (1.85%)
Stainless Steel 14100.00 2602 13635 465 (3.30%) 2604 13825 275 (1.95%)
Butadiene Rubber 13220.00 2602 13255 -35 (-0.26%) 2604 13360 -140 (-1.06%)

Notes:

  • Spot-Futures Basis = Spot Price - Futures Price
  • Gold price unit: RMB/gram; Silver: RMB/kg; Glass spot: RMB/square meter; All other commodities: RMB/ton.
  • Coke spot specification: Secondary metallurgical coke. Coke futures specification: Between Grade I and Grade II. The coke spot-futures basis is for reference only.

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