Commodity | Spot | Nearest Contract | Main Contract | Price | Code | Price | Spot-Futures Basis 1 | Code | Price | Spot-Futures Basis 2
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Zhengzhou Commodity Exchange | | | | | | | | | |
PTA | 5298.83 | 2602 | 5282 | 160.30% | 2605 | 5354 | -55 -1.04%
White Sugar | 5295.00 | 2603 | 5267 | 28 0.53% | 2605 | 5261 | 34 0.64%
Cotton | 16196.50 | 2603 | 14850 | 1346 8.31% | 2605 | 14770 | 1426 8.80%
Rapeseed Oil (OI) | 10298.00 | 2603 | 9712 | 586 5.69% | 2605 | 9406 | 892 8.66%
Glass | 13.10 | 2602 | 978 | 706.68% | 2605 | 1071 | -23 -2.19%
Rapeseed Meal | 2600.00 | 2603 | 2398 | 202 7.77% | 2605 | 2295 | 305 11.73%
Thermal Coal | 707.50 | 2602 | 801.4 | -93 -13.14% | 2701 | 801.4 | -93 -13.14%
Ferrosilicon | 5324.29 | 2602 | 5432 | -107 -2.01% | 2603 | 5682 | -357 -6.71%
Silicon Manganese | 5550.00 | 2602 | 5836 | -286 -5.15% | 2605 | 5886 | -336 -6.05%
Methanol (MA) | 2269.17 | 2602 | 2297 | -27 -1.19% | 2605 | 2344 | -74 -3.26%
Cotton Yarn | 23625.00 | 2602 | 20510 | 3115 13.19% | 2603 | 20595 | 3030 12.83%
Urea | 1782.50 | 2602 | 1710 | 72 4.04% | 2605 | 1798 | -15 -0.84%
Soda Ash | 1202.86 | 2602 | 1173 | 29 2.41% | 2605 | 1211 | -8 -0.67%
Polyester Staple Fiber | 6649.67 | 2602 | 6674 | -24 -0.36% | 2603 | 6724 | -74 -1.11%
PX | 7300.00 | 2602 | 7304 | -4.00 -0.05% | 2605 | 7514 | -214 -2.93%
Caustic Soda | 636.00 | 2602 | 1884 | 1035.18% | 2603 | 1963 | 241.21%
PET Bottle Chip | 6375.00 | 2602 | 6312 | 63 0.99% | 2604 | 6328 | 47 0.74%
Dalian Commodity Exchange | | | | | | | | | |
Palm Oil | 9196.00 | 2602 | 9188 | 8 0.09% | 2605 | 9280 | -84 -0.91%
Polyvinyl Chloride (PVC) | 4640.00 | 2602 | 4728 | -88 -1.90% | 2605 | 4999 | -359 -7.74%
Polyethylene (LLDPE) | 6966.67 | 2602 | 6836 | 130 1.87% | 2605 | 7032 | -65 -0.93%
Soybean No.1 | 4460.00 | 2603 | 4341 | 119 2.67% | 2605 | 4396 | 64 1.43%
Soybean Meal | 3178.00 | 2603 | 3075 | 103 3.24% | 2605 | 2776 | 402 12.65%
Soybean Oil | 8640.00 | 2603 | 8380 | 260 3.01% | 2605 | 8310 | 330 3.82%
Corn | 2271.43 | 2603 | 2277 | -5 -0.22% | 2603 | 2277 | -5 -0.22%
Coke | 1391.25 | 2602 | 1335 | 56 4.03% | 2605 | 1740 | -348 -25.01%
Coking Coal | 1476.25 | 2602 | 1047.5 | 428 28.99% | 2605 | 1175.5 | 300 20.32%
Iron Ore | 811.00 | 2602 | 808 | 3.00 0.37% | 2605 | 793 | 18 2.22%
Egg | 8.55 | 2602 | 3006 | 1269 29.68% | 2603 | 3009 | 1266 29.61%
Polypropylene (PP) | 6720.00 | 2602 | 6710 | 10 0.15% | 2605 | 6855 | -135 -2.01%
Ethylene Glycol (MEG) | 3850.00 | 2602 | 3718 | 132 3.43% | 2605 | 3950 | -100 -2.60%
Styrene (EB) | 7874.00 | 2602 | 7928 | -54 -0.69% | 2603 | 7824 | 50 0.64%
Liquefied Petroleum Gas (LPG) | 4412.50 | 2602 | 4410 | 2.50 0.06% | 2603 | 4353 | 59 1.34%
Live Hog | 12.98 | 2603 | 11225 | 1755 13.52% | 2605 | 11640 | 1340 10.32%
Benzene | 6186.67 | 2603 | 6237 | -50 -0.81% | 2603 | 6237 | -50 -0.81%
Shanghai Futures Exchange | | | | | | | | | |
Copper | 104496.67 | 2602 | 106800 | -2303 -2.20% | 2603 | 108340 | -3843 -3.68%
Rebar | 3200.34 | 2602 | 3038 | 162 5.06% | 2605 | 3147 | 53 1.66%
Zinc | 25776.00 | 2602 | 26075 | -299 -1.16% | 2603 | 26320 | -544 -2.11%
Aluminum | 24666.67 | 2602 | 25100 | -433 -1.76% | 2603 | 25315 | -648 -2.63%
Gold | 1199.84 | 2602 | 1194.06 | 5.78 0.42% | 2604 | 1196.92 | 2.92 0.24%
Wire Rod | 3410.00 | 2602 | 3500 | -90 -2.64% | 2605 | 3487 | -77 -2.26%
Fuel Oil | 5362.50 | 2602 | 2891 | 2471 46.08% | 2605 | 2855 | 2507 46.75%
Natural Rubber | 16275.00 | 2603 | 16550 | -275 -1.69% | 2605 | 16600 | -325 -2.00%
Lead | 16743.75 | 2602 | 16975 | -231 -1.38% | 2603 | 17075 | -331 -1.98%
Silver | 30098.67 | 2602 | 30952 | -853 -2.83% | 2604 | 29919 | 179 0.59%
Petroleum Asphalt | 3320.00 | 2602 | 3444 | -124 -3.73% | 2603 | 3468 | -148 -4.46%
Hot-Rolled Coil (HRC) | 3323.33 | 2602 | 3282 | 41 1.23% | 2605 | 3302 | 21 0.63%
Nickel | 146016.67 | 2602 | 145510 | 506 0.35% | 2603 | 145680 | 336 0.23%
Tin | 427212.50 | 2602 | 442730 | -15517 -3.63% | 2603 | 441180 | -13967 -3.27%
Pulp | 5466.67 | 2602 | 5316 | 150 2.74% | 2605 | 5340 | 126 2.30%
Stainless Steel | 14473.33 | 2602 | 14295 | 178 1.23% | 2603 | 14435 | 38 0.26%
Butadiene Rubber | 13250.00 | 2602 | 13445 | -195 -1.47% | 2604 | 13595 | -345 -2.60%

Notes:

• Spot-Futures Basis = Spot Price - Futures Price
• Gold price unit: RMB/gram; Silver: RMB/kilogram; Spot Glass: 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 basis is for reference only.