Commodity | Spot | Nearest Contract | Main Contract | Price | Code | Price | Spot-Futures Spread 1 | Code | Price | Spot-Futures Spread 2
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Zhengzhou Commodity Exchange | | | | | | | | | |
PTA | 5314.75 | 2602 | 5254 | 60 | 1.13% | 2605 | 5314 | 0.75 | 0.01%
White Sugar | 5265.00 | 2603 | 5179 | 86 | 1.63% | 2605 | 5176 | 89 | 1.69%
Cotton | 15942.50 | 2603 | 14850 | 1092 | 6.85% | 2605 | 14755 | 1187 | 7.45%
Rapeseed Oil (OI) | 10238.00 | 2603 | 9615 | 623 | 6.09% | 2605 | 9334 | 904 | 8.83%
Glass | 13.05 | 2602 | 972 | 726 | 90.90% | 2605 | 1068 | -24 | -2.30%
Rapeseed Meal | 2608.00 | 2603 | 2418 | 190 | 7.29% | 2605 | 2283 | 325 | 12.46%
Thermal Coal | 703.75 | 2602 | 801.4 | -97 | -13.78% | 2701 | 801.4 | -97 | -13.78%
Ferrosilicon | 5294.29 | 2602 | 5422 | -127 | -2.40% | 2603 | 5614 | -319 | -6.03%
Silicon Manganese | 5522.00 | 2602 | 5774 | -252 | -4.56% | 2605 | 5810 | -288 | -5.22%
Methanol (MA) | 2288.33 | 2602 | 2271 | 17 | 0.74% | 2605 | 2323 | -34 | -1.49%
Cotton Yarn | 23625.00 | 2602 | 20655 | 2970 | 12.57% | 2603 | 20625 | 3000 | 12.70%
Urea | 1752.50 | 2602 | 1711 | 41 | 2.34% | 2605 | 1811 | -58 | -3.31%
Soda Ash | 1202.86 | 2602 | 1151 | 51 | 4.24% | 2605 | 1193 | 9 | 0.75%
Polyester Staple Fiber | 6656.43 | 2602 | 6678 | -21 | -0.32% | 2603 | 6688 | -31 | -0.47%
PX (Para-Xylene) | 7300.00 | 2602 | 7264 | 36 | 0.49% | 2605 | 7456 | -156 | -2.14%
Caustic Soda | 649.00 | 2602 | 1889 | 1396 | 85.85% | 2603 | 1958 | 703 | 45.45%
PET Bottle Chip | 6420.00 | 2602 | 6292 | 128 | 1.99% | 2603 | 6286 | 134 | 2.09%
Dalian Commodity Exchange | | | | | | | | | |
Palm Oil | 9204.00 | 2602 | 9116 | 88 | 0.96% | 2605 | 9256 | -52 | -0.56%
PVC (Polyvinyl Chloride) | 4615.00 | 2602 | 4650 | -35 | -0.76% | 2605 | 4913 | -298 | -6.46%
PE (Polyethylene) | 6905.00 | 2602 | 6828 | 77 | 1.12% | 2605 | 6950 | -45 | -0.65%
Soybean No.1 | 4460.00 | 2603 | 4326 | 134 | 3.00% | 2605 | 4375 | 85 | 1.91%
Soybean Meal | 3184.00 | 2603 | 3076 | 108 | 3.39% | 2605 | 2777 | 407 | 12.78%
Soybean Oil | 8600.00 | 2603 | 8396 | 204 | 2.37% | 2605 | 8308 | 292 | 3.40%
Corn | 2272.86 | 2603 | 2279 | -6 | -0.26% | 2603 | 2279 | -6 | -0.26%
Coke | 1391.25 | 2602 | 1283.5 | 107 | 7.69% | 2605 | 1669.5 | -278 | -19.98%
Coking Coal | 1476.25 | 2602 | 1017 | 459 | 31.09% | 2605 | 1121 | 355 | 24.05%
Iron Ore | 808.67 | 2602 | 809 | -0.33 | -0.04% | 2605 | 784.5 | 24 | 2.97%
Egg | 8.53 | 2602 | 3042 | 1223 | 28.68% | 2603 | 3049 | 1216 | 28.51%
PP (Polypropylene) | 6676.67 | 2602 | 6644 | 32 | 0.48% | 2605 | 6766 | -89 | -1.33%
EG (Ethylene Glycol) | 3861.67 | 2602 | 3750 | 111 | 2.87% | 2605 | 3958 | -96 | -2.49%
SM (Styrene Monomer) | 7740.00 | 2602 | 7775 | -35 | -0.45% | 2603 | 7708 | 32 | 0.41%
LPG (Liquefied Petroleum Gas) | 4382.50 | 2602 | 4318 | 64 | 1.46% | 2603 | 4269 | 113 | 2.58%
Live Hog | 13.13 | 2603 | 11275 | 1855 | 14.13% | 2603 | 11275 | 1855 | 14.13%
Benzene | 5980.00 | 2603 | 6067 | -87 | -1.45% | 2603 | 6067 | -87 | -1.45%
Shanghai Futures Exchange | | | | | | | | | |
Copper | 101628.33 | 2602 | 102060 | -431 | -0.42% | 2603 | 102250 | -621 | -0.61%
Rebar | 3189.00 | 2602 | 3049 | 140 | 4.39% | 2605 | 3122 | 67 | 2.10%
Zinc | 25236.00 | 2602 | 25150 | 86 | 0.34% | 2603 | 25215 | 21 | 0.08%
Aluminum | 24265.00 | 2602 | 24760 | -495 | -2.04% | 2603 | 24865 | -600 | -2.47%
Gold | 1162.15 | 2602 | 1155.3 | 6 | 0.52% | 2604 | 1157.88 | 4.27 | 0.37%
Wire Rod | 3407.50 | 2602 | 3487 | -79 | -2.32% | 2605 | 3456 | -48 | -1.41%
Fuel Oil | 5275.00 | 2602 | 2702 | 2573 | 48.78% | 2605 | 2700 | 2575 | 48.82%
Natural Rubber | 16150.00 | 2603 | 16335 | -185 | -1.15% | 2605 | 16265 | -115 | -0.71%
Lead | 16868.75 | 2602 | 16930 | -61 | -0.36% | 2603 | 17000 | -131 | -0.78%
Silver | 29184.67 | 2602 | 28991 | 193 | 0.66% | 2604 | 28469 | 715 | 2.45%
Petroleum Asphalt | 3273.33 | 2602 | 3355 | -81 | -2.47% | 2603 | 3364 | -90 | -2.75%
Hot-Rolled Coil | 3320.00 | 2602 | 3270 | 50 | 1.51% | 2605 | 3282 | 38 | 1.14%
Nickel | 146083.33 | 2602 | 144650 | 1433 | 0.98% | 2603 | 144880 | 1203 | 0.82%
Tin | 435812.50 | 2602 | 444390 | -8577 | -1.97% | 2603 | 444870 | -9057 | -2.08%
Pulp | 5466.67 | 2602 | 5288 | 178 | 3.26% | 2605 | 5342 | 124 | 2.27%
Stainless Steel | 14583.33 | 2602 | 14360 | 223 | 1.53% | 2603 | 14405 | 178 | 1.22%
Butadiene Rubber | 13180.00 | 2602 | 13100 | 80 | 0.61% | 2603 | 13145 | 35 | 0.27%

Notes:

• Spot-Futures Spread = 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 Primary and Secondary grade. The Coke spot-futures spread is for reference only.