Zhengzhou Commodity Exchange (ZCE)

| Commodity | Spot Price | Nearest Contract | Dominant Contract | Price | Code | Price | Spot-Fut Basis 1 | Code | Price | Spot-Fut Basis 2 |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| PTA | 5078.66 | 2601 | 5070 | 8.66 (0.17%) | 2605 | 5120 | -41.34 (-0.81%) |
| White Sugar | 5356.67 | 2601 | 5316 | 40.67 (0.75%) | 2605 | 5283 | 73.67 (1.36%) |
| Cotton | 15995.00 | 2601 | 14990 | 1005 (6.28%) | 2605 | 14865 | 1130 (7.06%) |
| Rapeseed Oil (OI) | 9862.00 | 2601 | 9603 | 259 (2.63%) | 2605 | 9009 | 853 (8.65%) |
| Glass | 12.83 | 2601 | 1014 | 269 (1.17%)* | 2605 | 1151 | -138 (-12.08%)* |
| Rapeseed Meal | 2508.00 | 2601 | 2831 | -323 (-12.88%) | 2605 | 2379 | 129 (5.14%) |
| Thermal Coal | 700.00 | 2601 | 801.4 | -101.4 (-14.43%) | 2612 | 801.4 | -101.4 (-14.43%) |
| Ferrosilicon | 5414.29 | 2601 | 5470 | -55.71 (-1.02%) | 2603 | 5744 | -329.71 (-6.08%) |
| Silicon Manganese | 5592.00 | 2601 | 5918 | -326 (-5.83%) | 2603 | 5948 | -356 (-6.37%) |
| Methanol (MA) | 2240.83 | 2601 | 2206 | 34.83 (1.52%) | 2605 | 2243 | -2.17 (-0.10%) |
| Cotton Yarn | 23600.00 | 2601 | 20225 | 3375 (14.30%) | 2603 | 20925 | 2675 (11.33%) |
| Urea | 1742.50 | 2601 | 1693 | 49.5 (2.81%) | 2605 | 1781 | -38.5 (-2.18%) |
| Soda Ash | 1218.57 | 2601 | 1155 | 63.57 (5.17%) | 2605 | 1248 | -29.43 (-2.38%) |
| Polyester Staple Fiber | 6525.63 | 2601 | 6456 | 69.63 (1.06%) | 2603 | 6520 | 5.63 (0.08%) |
| P-Xylene (PX) | 7500.00 | 2601 | 7282 | 218 (2.91%) | 2603 | 7242 | 258 (3.44%) |
| Caustic Soda | 728.00 | 2601 | 1932 | -1204 (-165.08%) | 2603 | 2239 | -1511 (-207.58%) |
| PET Bottle Chip | 6087.50 | 2601 | 5908 | 179.5 (2.94%) | 2603 | 6044 | 43.5 (0.71%) |

Dalian Commodity Exchange (DCE)

| Commodity | Spot Price | Nearest Contract | Dominant Contract | Price | Code | Price | Spot-Fut Basis 1 | Code | Price | Spot-Fut Basis 2 |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| Palm Oil | 8600.00 | 2601 | 8466 | 134 (1.56%) | 2605 | 8630 | -30 (-0.35%) |
| Polyvinyl Chloride (PVC) | 4567.00 | 2601 | 4610 | -43 (-0.94%) | 2605 | 4933 | -366 (-8.01%) |
| Polyethylene (LLDPE) | 6615.00 | 2601 | 6440 | 175 (2.65%) | 2605 | 6663 | -48 (-0.73%) |
| Soybean No.1 | 4435.00 | 2601 | 4314 | 121 (2.73%) | 2605 | 4378 | 57 (1.29%) |
| Soybean Meal | 3190.00 | 2601 | 3147 | 43 (1.35%) | 2605 | 2804 | 386 (12.10%) |
| Soybean Oil | 8308.00 | 2601 | 8248 | 60 (0.72%) | 2605 | 7968 | 340 (4.09%) |
| Corn | 2248.57 | 2601 | 2285 | -36.43 (-1.60%) | 2603 | 2250 | -1.43 (-0.06%) |
| Coke | 1442.50 | 2601 | 1500 | -57.5 (-3.95%) | 2605 | 1780.5 | -338 (-23.43%) |
| Coking Coal | 1421.25 | 2601 | 1164 | 257.25 (18.08%) | 2605 | 1204 | 217.25 (15.27%) |
| Iron Ore | 842.78 | 2601 | 853 | -10.22 (-1.19%) | 2605 | 820.5 | 22.28 (2.61%) |
| Egg | 6.67 | 2601 | 3157 | -3490.33 (-523.34%)* | 2603 | 3026 | -3019.33 (-452.77%)* |
| Polypropylene (PP) | 6326.67 | 2601 | 6301 | 25.67 (0.40%) | 2605 | 6496 | -169.33 (-2.67%) |
| Monoethylene Glycol (MEG) | 3818.33 | 2601 | 3656 | 162.33 (4.24%) | 2605 | 3861 | -42.67 (-1.10%) |
| Styrene (EB) | 6792.00 | 2601 | 6711 | 81 (1.19%) | 2602 | 6828 | -36 (-0.53%) |
| Liquefied Petroleum Gas (LPG) | 4435.00 | 2601 | 4255 | 180 (4.06%) | 2603 | 4133 | 302 (6.81%) |
| Live Hog | 12.70 | 2601 | 11855 | -11842.3 (-932.46%)* | 2603 | 11780 | -11767.3 (-926.56%)* |
| Benzene | 5220.00 | 2603 | 5465 | -245 (-4.69%) | 2603 | 5465 | -245 (-4.69%) |

Shanghai Futures Exchange (SHFE)

| Commodity | Spot Price | Nearest Contract | Dominant Contract | Price | Code | Price | Spot-Fut Basis 1 | Code | Price | Spot-Fut Basis 2 |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| Copper | 102418.33 | 2601 | 101570 | 848.33 (0.83%) | 2603 | 101970 | 448.33 (0.44%) |
| Rebar | 3255.00 | 2601 | 3124 | 131 (4.02%) | 2605 | 3179 | 76 (2.33%) |
| Zinc | 24158.00 | 2601 | 24015 | 143 (0.59%) | 2603 | 24090 | 68 (0.28%) |
| Aluminum | 24031.67 | 2601 | 23940 | 91.67 (0.38%) | 2603 | 24015 | 16.67 (0.07%) |
| Gold | 999.48 | 2601 | 991.62 | 7.86 (0.79%) | 2602 | 999.7 | -0.22 (-0.02%) |
| Wire Rod | 3500.00 | 2601 | 3600 | -100 (-2.86%) | 2605 | 3496 | 4 (0.11%) |
| Fuel Oil | 5262.50 | 2602 | 2471 | 2791.5 (530.04%) | 2603 | 2458 | 2804.5 (532.80%) |
| Natural Rubber | 15850.00 | 2601 | 16195 | -345 (-2.18%) | 2605 | 16185 | -335 (-2.11%) |
| Lead | 17400.00 | 2601 | 17430 | -30 (-0.17%) | 2603 | 17535 | -135 (-0.78%) |
| Silver | 19157.67 | 2601 | 18899 | 258.67 (1.35%) | 2604 | 18901 | 256.67 (1.34%) |
| Petroleum Asphalt | 3100.00 | 2601 | 3117 | -17 (-0.55%) | 2603 | 3155 | -55 (-1.77%) |
| Hot-Rolled Coil (HRC) | 3336.67 | 2601 | 3301 | 35.67 (1.05%) | 2605 | 3328 | 8.67 (0.24%) |
| Nickel | 149350.00 | 2601 | 142330 | 7020 (4.70%) | 2602 | 142910 | 6440 (4.31%) |
| Tin | 354412.50 | 2601 | 350780 | 3632.5 (1.02%) | 2602 | 352830 | 1582.5 (0.45%) |
| Paper Pulp | 5616.67 | 2601 | 5466 | 150.67 (2.67%) | 2605 | 5532 | 84.67 (1.50%) |
| Stainless Steel | 13616.67 | 2601 | 13525 | 91.67 (0.67%) | 2603 | 13825 | -208.33 (-1.53%) |
| Butadiene Rubber (BR) | 11960.00 | 2601 | 12170 | -210 (-1.76%) | 2603 | 12310 | -350 (-2.93%) |

Notes:

• Spot-Fut Basis = Spot Price - Futures Price
• Price Units: Gold: CNY/gram; Silver: CNY/kilogram; Glass (spot): CNY/square meter; All other commodities: CNY/ton.
• Coke Specifications: Spot price is for Secondary Metallurgical Coke. Futures contract specifications are between Primary and Secondary grade. The Coke basis is for reference only.
• * Note on Basis Calculation for Specific Contracts: For Glass (ZCE), Egg (DCE), and Live Hog (DCE), the basis calculation involves unit conversion (spot unit vs. futures contract unit, typically CNY/ton for futures). The percentage shown reflects the basis relative to the spot price in its original unit. The absolute basis value for Glass is in CNY/ton equivalent. For Egg and Live Hog, the absolute basis appears large due to the significant unit difference (e.g., CNY/500kg for egg futures vs. CNY/kg for spot).