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原油成品油早报-20250829
Yong An Qi Huo· 2025-08-29 03:26
原油成品油早报 研究中心能化团队 2025/08/29 | 日期 | WTI | BRENT | DUBAI | diff FOB dated bre | BRENT 1- | WTI-BREN | DUBAI-B | NYMEX RB | RBOB-BR | NYMEX | HO-BRT | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 2月差 | T | RT(EFS | OB | T | HO | | | | | | | nt | | | | | | | | | 2025/08/22 | 63.66 | 67.73 | 69.46 | - | 0.51 | -4.07 | 0.06 | 215.85 | 22.93 | 230.81 | 29.21 | | 2025/08/25 | 64.80 | 68.80 | 69.64 | - | 0.58 | -4.00 | 0.01 | 214.83 | 21.43 | 234.75 | 29.80 | | 2025/08/26 | 6 ...
大类资产早报-20250829
Yong An Qi Huo· 2025-08-29 03:22
Report Information - Report Date: August 29, 2025 [2] - Report Team: Macro Team of the Research Center [2] Global Asset Market Performance 10-Year Treasury Yields of Major Economies - On August 28, 2025, yields in the US, UK, France, etc. were 4.205%, 4.699%, 3.477% respectively [3] - Latest changes ranged from -0.076% (Brazil) to 0.020% (Japan) [3] - One-year changes varied from -0.355% (Japan) to 0.784% (UK) [3] 2-Year Treasury Yields of Major Economies - On August 28, 2025, yields in the US, UK, Germany were 3.610%, 3.932%, 1.931% respectively [3] - Latest changes were from -0.120% (US) to 0.033% (South Korea) [3] - One-year changes were from -0.692% (Italy) to 0.249% (UK) [3] Exchange Rates of the US Dollar Against Major Emerging Economies' Currencies - On August 28, 2025, rates against Brazil, Russia, South Africa were 5.415, -, 17.698 respectively [3] - Latest changes were from -0.71% (South Korean won) to 0.02% (South African rand) [3] - One-year changes were from -5.36% (Thai baht) to 4.07% (South Korean won) [3] Stock Indices of Major Economies - On August 28, 2025, indices like S&P 500, Dow Jones, NASDAQ were 6501.860, 45636.900, 21705.160 respectively [3] - Latest changes were from -1.16% (Taiwan stock index) to 0.86% (Mexico stock index) [3] - One-year changes were from -5.88% (Thai stock index) to 35.93% (Spain stock index) [3] Credit Bond Indices - Latest changes were from -0.07% (Eurozone investment-grade) to 0.37% (Emerging economies' high-yield) [3][4] - One-year changes were from 3.84% (US investment-grade) to 13.45% (Emerging economies' high-yield) [3][4] Stock Index Futures Trading Data Index Performance - Closing prices of A-shares, CSI 300, SSE 50 were 3843.60, 4463.78, 2960.73 respectively [5] - Price changes were from 1.14% (A-shares) to 3.82% (ChiNext) [5] Valuation - PE (TTM) of CSI 300, SSE 50, CSI 500 were 13.86, 11.78, 32.73 respectively [5] -环比 changes were mostly 0.00, except S&P 500 with 0.09 [5] Risk Premium - 1/PE - 10-year interest rate of S&P 500 was -0.50, Germany DAX was 2.33 [5] -环比 changes were 0.02 (S&P 500) and 0.00 (Germany DAX) [5] Fund Flows - Latest values of A-shares, main board, ChiNext were -475.66, -570.85, -18.92 respectively [5] - 5-day average values were -668.34, -576.89, -114.20 respectively [5] Transaction Amounts - Latest values of Shanghai and Shenzhen stock markets, CSI 300, SSE 50 were 29708.03, 7394.24, 1952.15 respectively [5] -环比 changes were from -1947.62 (Shanghai and Shenzhen stock markets) to -24.39 (SSE 50) [5] Main Contract Premiums or Discounts - Basis of IF, IH, IC were -3.38, -0.93, -44.16 respectively [5] - Premium or discount rates were from -0.63% (IC) to -0.03% (IH) [5] Treasury Bond Futures Trading Data Closing Prices - Closing prices of T00, TF00, T01, TF01 were 108.040, 105.620, 107.795, 105.460 respectively [6] - Price changes were from 0.01% (T00) to 0.04% (TF00) [6] Fund Interest Rates - R001, R007, SHIBOR - 3M were 1.3643%, 1.5636%, 1.5500% respectively [6] - Daily changes were from -18.00 BP (R001) to 0.00 BP (SHIBOR - 3M) [6]
钢材早报-20250829
Yong An Qi Huo· 2025-08-29 03:22
Report Summary 1) Report Industry Investment Rating - No information provided 2) Core Viewpoints - No information provided 3) Summary by Related Catalogs Price and Profit - The report presents the spot prices of various steel products in different regions from August 22 to August 28, 2025, including Beijing, Shanghai, Chengdu, etc [1]. - For threaded steel, prices in some regions changed within the period, with some remaining stable on August 28 compared to the previous day [1]. - For hot - rolled and cold - rolled coils, prices also fluctuated, with some showing increases and decreases on August 28 compared to earlier days [1]. Basis and Spread - No information provided Production and Inventory - No information provided
甲醇聚烯烃早报-20250829
Yong An Qi Huo· 2025-08-29 02:55
Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Report Core Views - **Methanol**: Port inventories are significantly accumulating, with high imports and current inventories. The inland supply is expected to return, and the traditional demand will enter the peak season later. Attention should be paid to whether the demand can support after the inland supply returns. If the inventories deteriorate significantly, methanol is likely to see a valuation decline [1]. - **Polyethylene**: The inventories of the two major oil companies are neutral year - on - year. Upstream and coal - chemical industries are destocking, while social inventories remain flat. Downstream raw material and finished - product inventories are neutral. Overall inventories are neutral. The 09 basis is around - 110 in North China and - 50 in East China. The overseas markets in Europe, America, and Southeast Asia are stable. The import profit is around - 200 with no further increase for now. The price of non - standard HD injection molding is stable, other price differentials are fluctuating, and LD is weakening. The number of maintenance in September is flat compared to the previous month, and the recent domestic linear production has decreased month - on - month. Attention should be paid to the LL - HD conversion and US quotations, as well as the new device commissioning in 2025 [5]. - **Polypropylene**: The upstream inventories of the two major oil companies and the mid - stream inventories are decreasing. In terms of valuation, the basis is - 60, the non - standard price differential is neutral, and the import profit is around - 700. Exports have been performing well this year. The non - standard price differential is neutral, and the markets in Europe and America are stable. The PDH profit is around - 400, propylene is fluctuating, and the powder production start - up rate is stable. The proportion of drawing production is neutral. The subsequent supply is expected to increase slightly month - on - month. The current downstream orders are average, and the raw material and finished - product inventories are neutral. Under the background of over - capacity, the pressure on the 01 contract is expected to be moderately excessive. If exports continue to increase or there are more PDH device maintenance, the supply pressure can be eased to a neutral level [5]. - **PVC**: The basis is maintained at 01 - 270, and the factory - pick - up basis is - 480. The downstream start - up rate is seasonally weakening, and the willingness to hold goods at low prices is strong. The mid - upstream inventories are continuously accumulating. The summer seasonal maintenance of Northwest devices has a load center between the spring maintenance and the high production in Q1. In Q4, attention should be paid to the commissioning and export sustainability. The recent near - end export orders have slightly declined. The coal market sentiment is positive, the cost of semi - coke is stable, and the profit of calcium carbide is under pressure due to PVC maintenance. The FOB counter - offer for caustic soda exports is 380. The PVC comprehensive profit is - 100. Currently, the static inventory contradiction is accumulating slowly, the cost is stable, the downstream performance is average, and the macro situation is neutral. Attention should be paid to exports, coal prices, commercial housing sales, terminal orders, and start - up rates [5]. 3. Summary by Related Catalogs Methanol - **Price Data**: From August 22 to August 28, 2025, the power coal futures price remained at 801. The Jiangsu spot price decreased from 2297 to 2235, a decrease of 62; the South China spot price decreased from 2290 to 2259, a decrease of 31; the Lunan converted - to - futures price decreased from 2505 to 2505 (no change); the Southwest converted - to - futures price remained at 2480; the Hebei converted - to - futures price remained at 2525; the Northwest converted - to - futures price decreased from 2678 to 2655, a decrease of 23; the CFR China price decreased from 263 to 261, a decrease of 2; the CFR Southeast Asia price remained at 322; the import profit remained unchanged; the main - contract basis decreased from - 5 to - 140, a decrease of 135; the MTO profit on the futures market remained at - 1237 [1]. Polyethylene - **Price Data**: From August 22 to August 28, 2025, the Northeast Asia ethylene price remained at 842. The North China LL price remained at 7230; the East China LL price decreased from 7365 to 7350, a decrease of 15; the East China LD price remained at 9625; the East China HD price remained at 7550; the LL US dollar price remained at 860; the LL US Gulf price remained at 840; the import profit remained at - 162; the main - contract futures price decreased from 7380 to 7358, a decrease of 22; the basis decreased from - 160 to - 140, an increase of 20; the two - oil inventory remained at 73; the warehouse receipts remained at 7669 [5]. Polypropylene - **Price Data**: From August 22 to August 28, 2025, the Shandong propylene price increased from 6500 to 6550, an increase of 50; the Northeast Asia propylene price remained at 760; the East China PP price decreased from 6955 to 6920, a decrease of 35; the North China PP price decreased from 7003 to 6983, a decrease of 20; the Shandong powder price remained at 6830; the East China copolymer PP price decreased from 7202 to 7190, a decrease of 12; the PP US dollar price remained at 865; the PP US Gulf price remained at 980; the export profit remained at - 20; the main - contract futures price decreased from 7038 to 7020, a decrease of 18; the basis remained at - 90; the two - oil inventory remained at 73; the warehouse receipts remained at 14055 [5]. PVC - **Price Data**: From August 22 to August 28, 2025, the Northwest calcium carbide price remained at 2350; the Shandong caustic soda price remained at 887; the calcium - carbide - based East China price decreased from 4840 to 4780, a decrease of 60; the ethylene - based East China price remained at 5500; the calcium - carbide - based South China price remained at 5450; the calcium - carbide - based Northwest price remained at 4500; the imported US dollar price (CFR China) remained at 710; the export profit remained at 525; the Northwest comprehensive profit remained at 356; the North China comprehensive profit remained at - 244; the basis (high - end delivery product) remained at - 160 [5].
有色早报-20250829
Yong An Qi Huo· 2025-08-29 02:54
Report Industry Investment Rating No relevant content provided. Core Viewpoints - The market risk preference remains high despite the poor domestic economic and financial data. In August, there may be a small accumulation of inventory under the full - supply pattern, but the market may focus more on the tight - balance pattern after the off - season [1]. - For aluminum, supply increases slightly, demand is in the seasonal off - season in August with a possible slight improvement in the middle and late stages. There is an expected small inventory accumulation in August. Attention should be paid to demand in the short - term and potential arbitrage opportunities in the low - inventory situation [2]. - Zinc prices fluctuate widely. Supply increases, demand is seasonally weak but has some resilience. Domestic social inventory rises, and overseas LME inventory decreases rapidly. Short - term prices may rebound, and a wait - and - see approach is recommended, while a short - position configuration is suggested in the medium - to - long - term. Positive arbitrage opportunities can be considered [5]. - For nickel, supply remains at a high level, demand is weak, and inventory remains stable. Opportunities for narrowing the nickel - stainless steel price ratio can be continuously monitored [6]. - Stainless steel has a weak fundamental situation. Some steel mills cut production passively, demand is mainly for rigid needs, costs remain stable, and inventory decreases slightly. Attention should be paid to policy trends [6]. - Lead prices fluctuate. Supply has issues such as low scrap battery supply and low profit - driven low production. Demand shows a "not - prosperous peak season" situation. Inventory is expected to remain at a high level, and prices are expected to remain in a low - level oscillation next week [8]. - Tin prices fluctuate widely. Supply is affected by factors such as low processing fees and potential production resumptions. Demand has a peak - season expectation in the terminal electronics sector but a strong expectation of a decline in photovoltaic growth. A wait - and - see approach is recommended in the short - term, and long - position holding near the cost line is suggested in the medium - to - long - term [11]. - The production of industrial silicon resumes at a slow pace. The current supply - demand balance shows a small inventory reduction. In the short - term, the supply - demand situation may remain tight, while in the medium - to - long - term, prices are expected to oscillate at the cycle bottom [14]. - Carbonate lithium prices fluctuate on the futures market due to supply - side disturbances. Spot trading is active during the peak season. The core contradiction lies in the long - term over - supply situation and short - term supply - side compliance disturbances. The price has large upward and downward elasticities [16]. Summary by Metal Copper - **Price and Inventory Changes**: From August 22 to 28, the spot price of Shanghai copper increased by 50, the warehouse receipt decreased by 55, and the inventory of the Shanghai Futures Exchange increased by 1850 [1]. - **Fundamentals**: The market risk preference continues to rise. The downstream orders are supported at around 7.8. The copper rod production rate shows resilience at the end of the off - season, and the substitution effect between refined and scrap copper is obvious. The scrap copper market is disturbed by policies, and there may be a small inventory accumulation in August [1]. Aluminum - **Price and Inventory Changes**: From August 22 to 28, the Shanghai aluminum ingot price decreased by 110, the domestic alumina price decreased by 7, and the import alumina price decreased by 50. The inventory remained unchanged [1]. - **Supply and Demand**: Supply increases slightly, demand is in the seasonal off - season in August with a possible slight improvement in the middle and late stages. The export of aluminum products improves, but photovoltaic demand and overseas demand decline. There is an expected small inventory accumulation in August [2]. Zinc - **Price and Inventory Changes**: From August 22 to 28, the Shanghai zinc ingot price decreased by 140, the domestic social inventory remained unchanged, and the overseas LME inventory decreased by 2025 [5]. - **Supply and Demand**: Supply increases as the smelting increment is further realized in August and the zinc ore import in July reaches a three - year high. Demand is seasonally weak but has some resilience. Domestic social inventory rises, and overseas LME inventory decreases rapidly [5]. - **Strategy**: Short - term prices may rebound, and a wait - and - see approach is recommended. A short - position configuration is suggested in the medium - to - long - term. Positive arbitrage opportunities can be considered [5]. Nickel - **Price and Inventory Changes**: From August 22 to 28, the Shanghai nickel spot price decreased by 1450, and the inventory of LME increased by 456 [6]. - **Supply and Demand**: Supply remains at a high level, demand is weak, and inventory remains stable [6]. - **Strategy**: Opportunities for narrowing the nickel - stainless steel price ratio can be continuously monitored [6]. Stainless Steel - **Price and Inventory Changes**: From August 22 to 28, the prices of 304 cold - rolled coils and other products remained mostly unchanged, and the inventory in Xifu decreased slightly [6]. - **Supply and Demand**: Some steel mills cut production passively, demand is mainly for rigid needs, costs remain stable, and inventory decreases slightly [6]. - **Strategy**: Attention should be paid to policy trends [6]. Lead - **Price and Inventory Changes**: From August 22 to 28, the spot premium increased by 10, the domestic social inventory remained unchanged, and the overseas LME inventory decreased by 4975 [8]. - **Supply and Demand**: Supply has issues such as low scrap battery supply and low profit - driven low production. Demand shows a "not - prosperous peak season" situation. Inventory is expected to remain at a high level [8]. - **Strategy**: Lead prices are expected to remain in a low - level oscillation next week [8]. Tin - **Price and Inventory Changes**: From August 22 to 28, the spot import profit decreased by 1094.76, and the inventory of LME decreased by 30 [11]. - **Supply and Demand**: Supply is affected by factors such as low processing fees and potential production resumptions. Demand has a peak - season expectation in the terminal electronics sector but a strong expectation of a decline in photovoltaic growth [11]. - **Strategy**: A wait - and - see approach is recommended in the short - term, and long - position holding near the cost line is suggested in the medium - to - long - term [11]. Industrial Silicon - **Price and Inventory Changes**: From August 22 to 28, the 421 Yunnan basis decreased by 45, and the warehouse receipt decreased by 53 [14]. - **Supply and Demand**: The production resumes at a slow pace. The current supply - demand balance shows a small inventory reduction. The supply - demand situation may remain tight in the short - term, while prices are expected to oscillate at the cycle bottom in the medium - to - long - term [14]. Carbonate Lithium - **Price and Inventory Changes**: From August 22 to 28, the SMM electric carbonate price decreased by 1600, and the warehouse receipt increased by 1480 [16]. - **Supply and Demand**: The futures market fluctuates due to supply - side disturbances. Spot trading is active during the peak season. The core contradiction lies in the long - term over - supply situation and short - term supply - side compliance disturbances [16].
废钢早报-20250829
Yong An Qi Huo· 2025-08-29 02:30
Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core Viewpoints - Not provided in the given content 3) Summary by Related Catalog Price Data - The report presents daily scrap steel prices in different regions (East China, Central China, Northeast China, South China, and Southwest China) from August 22 to August 28, 2025. For example, on August 22, the price in East China was 2241, while on August 28, it was 2249 with a环比 of -1. [1] - It also shows the historical prices of Zhenjiang Hongtai shear scrap (tax - excluded) and Shagang heavy three scrap (tax - included) from 2022 to 2025. [1] Consumption Data - Displays the daily consumption of scrap steel in short - process and long - process steelmaking from 2022 to 2025. [1] Inventory Data - Illustrates the steel mill scrap steel inventory from 2022 to 2025. [3] - Presents the social scrap steel inventory and the scrap steel arrival at Zhangjiagang from 2022 to 2025. [4] - Shows the scrap steel arrival at 147 steel mills from 2022 to 2025. [7] Profit - Related Data - Compares the screw - scrap price difference in East China and the profit of Jiangsu electric furnace thread from 2022 to 2025. [5]
油脂油料早报-20250829
Yong An Qi Huo· 2025-08-29 02:30
Report Summary 1) Report Industry Investment Rating No information provided. 2) Core Viewpoints - The US soybean meal export sales and shipments showed mixed performance in the week ending August 21, 2025, with current - year sales increasing and shipments decreasing [1]. - The estimated soybean crushing volume in the US in July 2025 is expected to reach a record high for the same period, driven by increased demand for vegetable oil from bio - fuel producers and higher profits [1]. - The soybean planting area in Brazil's Paraná state is expected to expand by 1% in the 2025/26 season, and the yield may increase by 4% [1]. - Canada's rapeseed production is expected to increase by 3.6% in 2025 due to a 5.7% increase in yield, offsetting the 2.0% reduction in the harvesting area [1]. 3) Summary by Related Catalogs Overnight Market Information - US soybean meal export sales: In the week ending August 21, 2025, current - year export sales net increased by 4.73 million tons (up 3% from the previous week and down 34% from the four - week average), and next - year sales net increased by 21.48 million tons. Market expectations were 2.5 - 15 million tons for current - year and 10 - 30 million tons for next - year sales. Export shipments were 19.81 million tons, down 25% from the previous week and 35% from the four - week average [1]. - US soybean crushing volume in July 2025: Expected to be 207.2 million bushels (6.218 million short tons), up 5.1% from June and 7.2% from July 2024, a record high for the same period. The estimated range is 204.8 - 212.0 million bushels, with a median of 207.1 million bushels. The increase is due to increased demand from bio - fuel producers and higher profits [1]. - US soybean oil inventory as of July 31, 2025: Expected to be 1.903 billion pounds, up 0.5% from the end of June and down 5.2% from July 2024. The estimated range is 1.875 - 1.960 billion pounds, with a median of 1.9 billion pounds [1]. - Brazil's Paraná state: The 2025/26 soybean planting area is expected to be about 5.8 million hectares, up 1% from the previous year, and the yield may reach about 22 million tons, up 4% [1]. - Canada's rapeseed: The 2025 production is expected to increase by 3.6% to 19.9 million tons, with a 5.7% increase in yield to 41.0 bushels per acre, offsetting a 2.0% reduction in the harvesting area to 21.4 million acres [1]. Spot Prices | Date | Soybean Meal (Jiangsu) | Rapeseed Meal (Guangdong) | Soybean Oil (Jiangsu) | Palm Oil (Guangzhou) | Rapeseed Oil (Jiangsu) | | --- | --- | --- | --- | --- | --- | | 2025/08/22 | 2980 | 2540 | 8620 | 9530 | 10010 | | 2025/08/25 | 3010 | 2570 | 8700 | 9520 | 10010 | | 2025/08/26 | 2990 | 2560 | 8670 | 9440 | 10030 | | 2025/08/27 | 2970 | 2550 | 8610 | 9440 | 9970 | | 2025/08/28 | 2960 | 2520 | 8580 | 9350 | 9880 | [2]
集运早报-20250829
Yong An Qi Huo· 2025-08-29 02:29
Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - Currently, downstream customers are booking shipping space for the end of August and early September (week35 - 36). Week35's final average price is $2550 (1800 points), and week36's current average quoted price is $2300 (1600 points). Most shipping companies face cargo - receiving pressure at the end of the month, and the shipping capacity in September is generally reduced. The overall situation in September is loose, and the subsequent driving force remains weak. However, the valuation in October is approaching the annual low (1250 - 1300), with limited downside space. Attention can be paid to the long - allocation opportunity of the 12 - contract [2] Group 3: Summary by Related Catalogs EC Futures Contract Information - For EC2510, the closing price is 1285.0, with a decline of 2.36%, the base bond is 705.2, the trading volume is 25330, the open interest is 54248, and the open interest change is 523. Similar data is provided for other contracts such as EC2512, EC2602, etc [2] - The month - spread of EC2510 - 2512 is - 286.0, with a daily increase of 18.5 and a weekly increase of 66.2. The month - spread of EC2512 - 2602 is 171.0, with a daily decrease of 8.7 and a weekly decrease of 25.2 [2] Spot Rate Index Information - The SCFIS (European line) index on August 25, 2025, is 1990.2, with a decline of 8.35% compared to the previous period. The CCFI on August 22, 2025, is 1757.74, with a decline of 1.83% compared to the previous period. The NCFI on August 22, 2025, is 1083.74, with a decline of 8.83% compared to the previous period [2] Recent European Line Quotation Information - For week36, the latest quoted price of shipping companies ranges from $2120 to $2420, with an average of $2250 (1550 points). For week37, the latest average quoted price is $2200 (1500 points) [3] Shipping Capacity Information - The weekly average shipping capacity in September and October 2025 is 300,000 and 320,000 TEU respectively. After considering all TBN as suspended sailings, it is 290,000 and 290,000 TEU respectively. On August 26, the suspension of the FE4 route of the PA Alliance in week38 of September was filled by HMM AOUAMARINE, increasing the weekly average shipping capacity in September to 305,000 TEU [2] Related News - On August 29, the Israeli military stated that it was preparing to expand military operations against Hamas in Gaza City. The Houthi armed leader accused Israel of carrying out large - scale massacres against Palestine [4]
LPG早报-20250829
Yong An Qi Huo· 2025-08-29 02:25
Report Summary 1) Report Industry Investment Rating - No investment rating information is provided in the report. 2) Core Viewpoints - The PG futures price fluctuated and strengthened, mainly due to the rebound of spot prices and the increase in import costs [1]. - The fundamentals show that port supply and demand both decreased, inventory remained basically flat, refinery product volume increased by 1.94%, and plant inventories decreased due to the recovery of demand in many places [1]. - The combustion off - season is gradually coming to an end as the temperature begins to drop. The supply of refineries in East China is expected to be limited, and the arrival of ships is expected to decrease. The demand is expected to improve, and the overall situation is expected to be stable [1]. 3) Summary by Related Content Price Data - From August 22 - 28, 2025, the prices of South China LPG, Shandong LPG, Shandong ether - after carbon four, and other products showed certain fluctuations. For example, South China LPG rose from 4490 on August 22 to 4620 on August 28 [1]. - The 09 - 10 month spread was - 600 (- 63), and the 10 - 11 month spread was 77 (- 16) on Thursday. Previously, the 9 - 10 month spread was - 509 (- 38), and the 10 - 11 month spread was 80 (+ 0) [1]. - The basis weakened to 520 (- 19), and the warehouse receipt registration volume was 12887 (- 1) [1]. Market Conditions - The cheapest deliverable was East China civil gas. The supply of refineries in East China was limited, driving prices to be firm, and port prices rose steadily [1]. - FEI and CP fluctuated, PP prices fell, the production profit of FEI and CP for PP weakened, and the CP production cost was lower than that of FEI [1]. - The US - to - Far - East arbitrage window was closed [1]. - The outer - market prices strengthened slightly, the internal - external price difference fluctuated, and the FEI - CP increased to 17 (+ 5.25) [1]. - Freight rates such as US Gulf - Japan and Middle East - Far East decreased [1]. Industry Operation - The PDH operating rate was 75.66% (- 0.67pct), with no shutdown plan next week, but it is expected that the load of multiple units will increase [1]. - The alkylation operating rate was 51.42% (- 0.67pct), and the operating rate is expected to increase next week [1]. - The MTBE operating rate was 63.54% (+ 0.15pct) [1].
焦炭日报-20250829
Yong An Qi Huo· 2025-08-29 01:43
焦炭日报 研究中心黑色团队 2025/8/29 | | 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 | 1535.94 | 0.00 | 54.61 | 163.84 | -5.96% 高炉开工率 | 90.25 | | 0.03 | -0.56 | 5.04% | | 河北准一湿熄 | 1780.00 | 0.00 | 55.00 | 185.00 | -4.30% 铁水日均产量 | 240.13 | | -0.62 | -0.58 | 8.71% | | 山东准一干熄 | 1715.00 | 0.00 | 55.00 | 165.00 | -9.74% 盘面05 | 1743 | -25.00 | -11.50 | -51.50 | -12.15% | | 江苏准一干熄 | 1755.00 | 0.00 | 55.00 | 165.00 | -9.54% 盘面09 | 1584.5 | ...