原油成品油早报 金十数据1月28日讯，周二，美、布两油期货结算价上涨3%，分别报62.39和67.57美元/盎司。据分析师和交易商估 计，因一场严重冬季风暴横扫全美、令能源基础设施和电网承压，美国石油生产商在上周末损失的产量最高达200万桶/ 日，约占全国产量的 15%。经纪公司PVM的石油分析师Tamas Varga称："美国的寒冷天气可能会导致石油库存在未来 几周内大幅下降，尤其是如果这种天气持续下去的话。"船舶跟踪服务公司Vortexa称，在寒冷天气的影响下，美国墨西 哥湾沿岸港口的原油和液化天然气出口量周日降至零。该公司分析主管称，随着港口重新开放，周一出口反弹，流量高 于季节性标准。此外，两位知情消息人士早前表示，哈萨克斯坦最大的腾吉兹油田(Tengiz)可能会在2月7日之前恢复不 到一半的正常产量，该油田正在从火灾和停电事故中缓慢恢复。不过，运营哈萨克斯坦主要出口管道的CPC公司表示， 在其位于俄罗斯黑海沿岸的码头的三个系泊点之一完成维护后，该码头的装载能力已恢复到满负荷状态。 ·美国至1月23日当周API原油库存 -24.7万桶，预期145万桶，前值304.3万桶。 ·美国至1月23日当周API ...

| | | | 钢材早报 | | 研究中心黑色团队 2026/01/28 | | | --- | --- | --- | --- | --- | --- | --- | | 现 货 价 格 | | | | | | | | 日期 | 北京螺纹 | 上海螺纹 | 成都螺纹 | 西安螺纹 | 广州螺纹 | 武汉螺纹 | | 2026/01/21 | 3110 | 3260 | 3310 | 3240 | 3420 | 3340 | | 2026/01/22 | 3110 | 3260 | 3310 | 3240 | 3420 | 3340 | | 2026/01/23 | 3160 | 3260 | 3350 | 3240 | 3420 | 3340 | | 2026/01/26 | 3160 | 3290 | 3350 | 3240 | 3420 | 3340 | | 2026/01/27 | - | - | - | - | - | - | | 变化 | - | - | - | - | - | - | | 日期 | 天津热卷 | 上海热卷 | 乐从热卷 | 天津冷卷 | 上海冷卷 | 乐从冷卷 | | 2026/ ...

甲醇聚烯烃早报 研究中心能化团队 2026/01/28 甲 醇 日期 动力煤期 货 江苏现货 华南现货 鲁南折盘 面 西南折盘面 河北折盘 面 西北折盘 面 CFR中国 CFR东南 亚 进口利润 主力基差 盘面MTO 利润 2026/01/2 1 801 2223 2200 2355 - 2285 2385 262 322 -7 0 - 2026/01/2 2 801 2238 2220 2355 - 2285 2385 265 322 -22 -5 - 2026/01/2 3 801 2263 2240 2345 - 2285 2385 267 322 -3 -20 - 2026/01/2 6 801 2300 2278 2360 - 2285 2405 272 322 -10 -45 - 2026/01/2 7 801 2267 2265 2355 - 2285 2388 - - - -35 - 日度变化 0 -33 -13 -5 - 0 -17 - - - 10 - 观点 伊朗矛盾继续发酵，mto出现抵抗，兴兴停车，盛虹2月停车，鲁西下周停车，其余也有降幅计划，预计等待伊朗 正常后重新开车， 目前看来甲 ...

2026/1/28 焦炭日报 研究中心黑色团队 | | 最新 | 日变化 | 周变化 | 月变化 同比 | | 最新 | 日变化 | 周变化 | 月变化 同比 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 山西准一湿熄 | 1430.97 | 0.00 | 0.00 | -54.61 | -8.07% 高炉开工率 | 85.51 | | 0.03 | 0.57 | 1.46% | | 河北准一干熄 | 1680.00 | 0.00 | 0.00 | -55.00 | 11.26% 铁水日均产量 | 228.10 | | 0.09 | 1.52 | 1.18% | | 山东准一干熄 | 1625.00 | 0.00 | 0.00 | -35.00 | -6.34% 盘面05 | 1686 | -29.50 | 12.00 | -53.50 | -3.44% | | 江苏准一干熄 | 1645.00 | 0.00 | 0.00 | -55.00 | -7.32% 盘面09 | 1752.5 | -31.00 | ...

Report Summary - **Soybean and Bean Meal Exports in Brazil**: Anec estimated Brazil's soybean exports in January to be 3.23 million tons, lower than last week's forecast of 3.79 million tons, and the estimated bean meal exports to be 1.78 million tons, lower than last week's forecast of 1.82 million tons [1] - **Palm Oil Exports in Malaysia**: SGS data showed that Malaysia's palm oil product exports from January 1 - 25 decreased by 9.41% compared to the same period last month, reaching 746,745 tons [1] - **Soybean Planting and Harvesting in Brazil**: As of the week of January 24, 2026, Brazil's 2025/26 soybean planting rate was 99.1%, up from 98.6% the previous week, and the soybean harvesting rate was 6.6%, up from 2.3% the previous week [1] - **Spot Prices**: The spot prices of various products such as soybean meal, rapeseed meal, soybean oil, palm oil, and rapeseed oil from January 21 - 27, 2026, were presented in a table [2] - **Protein Meal and Oil Basis**: The report mentioned protein meal basis and oil basis, but no specific data was provided [3] - **Oil and Oilseed Futures Price Spreads**: The report mentioned oil and oilseed futures price spreads, but no specific data was provided [5] Industry Investment Rating No industry investment rating was provided in the report Core View The report provided overnight market information on soybean and palm oil exports, planting and harvesting progress in major producing countries, as well as spot prices of related products, but no clear core view was presented

| 日期 | 华东 | 华北 | 中部 | 华南 | 东北 | 西南 | | --- | --- | --- | --- | --- | --- | --- | | 2026/01/21 | 2185 | 2265 | 2052 | 2248 | 2217 | 2109 | | 2026/01/22 | 2184 | 2266 | 2052 | 2248 | 2217 | 2109 | | 2026/01/23 | 2185 | 2266 | 2052 | 2248 | 2218 | 2109 | | 2026/01/26 | 2189 | 2271 | 2057 | 2250 | 2218 | 2109 | | 2026/01/27 | 2189 | 2271 | 2061 | 2246 | 2218 | 2109 | | 环比 | 0 | 0 | 4 | -4 | 0 | 0 | 废钢早报 研究中心黑色团队 2026/01/28 免责声明: 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 容的客观、公正，研究方法专业审慎，分析结 ...

-200 -100 -300 -400 -200 -500 华东基差(镇江库) 山乐县差 (+80) 2022 2021 2023 2024 2020 2025 华南基差(佛山库) 山东县差 交国景 700 700 600 600 500 500 400 400 300 300 200 200 100 100 10/1 11/1 9/1 -100 -200 -300 -300 研究中心能化团队 2026/1/28 s 加安期货 沥青早报 | | | | | | | FARE REAL 1/27 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 指标 | 12/26 | 1/21 | 1/23 | 1/26 | | 日度变化 | 팀 | | 基差&月差 | 山东基差(+80)(非京博) | -22 | -17 | -56 | -79 | -69 | 10 | | | | 华东基差(镇江库) | -115 | -7 | -56 | -79 | 1 | 80 | | | | 华南基差(佛山库) | -195 | -27 | -56 | ...

容的客观、公正，研究方法专业审慎，分析结论合理，但公司对信息来源的准确性和完整性不作任何保证，也不保证所依据的信息和建议不会 发生任何变化。且全部分析及建议内容仅供参考，不构成对您的任何投资建议及入市依据，客户应当自主做出期货交易决策，独立承担期货交 易后果，凡据此入市者，我公司不承担任何责任。未经公司授权，不得随意转载、复制、传播本网站中所有研究分析报告、行情分析视频等全 部或部分材料、内容。对可能因互联网软硬件设备故障或失灵、或因不可抗力造成的全部或部分信息中断、延迟、遗漏、误导或造成资料传输 或储存上的错误、或遭第三人侵入系统篡改或伪造变造资料等，我们均不承担任何责任。 铅：跨市套利跟踪 2026/01/28 免责声明: 以上内容所依据的信息均来源于交易所、媒体及资讯公司等发布的公开资料或通过合法授权渠道向发布人取得的资讯，我们力求分析及建议内 国内价格 LME价格 比价 现货 16800 1985 8.49 三月 17060 2033 12.20 均衡比价 盈利 现货进口 8.53 -86.80 跨期套利跟踪 2026/01/28 铜 次月-现货月 三月-现货月 四月-现货月 五月-现货月 价差 10 ...

音紧像胶呈报 图1 研究中心能化团队 2026/01/28 P 不 As 占 商品 POY 1 仓单+有 石脑油日 PX CFR PTA内盘现 PTA平衡 PTA加 PTA负 石脑油裂 50D/4 聚酯毛利 TA基美 日期 原油 PX加工美 产销 工差 效预报 台湾 न्ह 解价差 K 荷 负荷 8F rest 2026/0 5085 6690 104302 0.80 65.2 559 888 80.29 329.0 380 79.6 76.6 -63 -4 1/21 2026/0 907 64.1 567 2155 6740 97.44 340.0 347 -44 79.6 76.6 102280 -73 0.75 1/22 图H 2026/0 65.9 923 5285 6795 82.35 77 P -70 0.65 265 358.0 396 146 76.6 104020 1/23 2026/0 573 930 5350 7000 357.0 103990 0.50 65.6 91.74 430 -26 77.1 76.6 -80 1/26 2026/0 (图H 67.6 569 5225 7055 ...

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - Not provided in the given content 3. Summary by Relevant Catalogs Spot Market - **Australian Mainstream Iron Ore**: Newman powder is priced at 791 with a daily change of 3 and a weekly change of 2, with an import profit of 18.04; PB powder is at 795, daily change 2, weekly change -4; Mac powder is at 789, daily change 0, weekly change -7, import profit 38.56; Jinbuba powder is at 748, daily change 2, weekly change -4, import profit 53.67; Mixed powder is at 726, daily change 1, weekly change -10, import profit 2.68; Super special powder is at 673, daily change 3, weekly change -1, import profit 2.25 [1] - **Brazilian Mainstream Iron Ore**: Brazilian mixed ore is at 823, daily change -1, weekly change -7, import profit 6.98; Brazilian coarse IOC6 is at 759, daily change 2, weekly change -4; Brazilian coarse SSFG is at 764, daily change 2, weekly change -4 [1] - **Other Iron Ores**: Ukrainian concentrate powder is at 875, daily change 3, weekly change 0; 61% Indian powder is at 737, daily change 2, weekly change -4; Karara concentrate powder is at 879, daily change 3, weekly change 0; Roy Hill powder is at 782, daily change 2, weekly change -4, import profit 61.68; KUMBA powder is at 854, daily change 2, weekly change -4; 57% Indian powder is at 608, daily change 3, weekly change -1; Atlas powder is at 721, daily change 1, weekly change -10; Tangshan iron concentrate powder is at 979, daily change -3, weekly change 8 [1] Futures Market - **DCE Contracts**: i2701 is at 757.0, daily change 2.0, weekly change 0.0, with a monthly spread of 12.5; i2605 is at 788.0, daily change 3.5, weekly change -1.5, monthly spread -31.0; i2609 is at 769.5, daily change 3.5, weekly change -2.0, monthly spread 18.5 [1] - **SGX Contracts**: FE01 is at 105.62, daily change -0.25, weekly change -0.47, monthly spread -3.40; FE05 is at 103.54, daily change -1.07, weekly change -1.06, monthly spread 2.08; FE09 is at 102.22, daily change -1.06, weekly change -1.05, monthly spread 1.32 [1]