建信期货沥青日报-20250606

Group 1: General Information - Report Name: Asphalt Daily Report [1] - Date: June 6, 2024 [2] - Research Team: Energy and Chemical Research Team [4] Group 2: Market Review and Operational Suggestions - Futures Market: BU2507 opened at 3515 yuan/ton, closed at 3497 yuan/ton, with a high of 3519 yuan/ton, a low of 3479 yuan/ton, a decline of 0.4%, and a trading volume of 133,200 lots. BU2508 opened at 3481 yuan/ton, closed at 3484 yuan/ton, with a high of 3503 yuan/ton, a low of 3466 yuan/ton, a decline of 0.37%, and a trading volume of 12,000 lots [6] - Spot Market: The asphalt spot price in East China increased, while prices in other regions remained stable. The settlement price of some refineries increased, driving up the average domestic asphalt spot price. It is expected that the unilateral price of asphalt will fluctuate. Consider closing the long BU short SC position and re - enter when oil prices decline [6] Group 3: Industry News - Shandong Market: The mainstream transaction price of 70A asphalt was 3470 - 3870 yuan/ton, remaining stable. International oil prices and asphalt futures declined, market sentiment was cautious, and demand had no improvement, resulting in light trading [7] - East China Market: The mainstream intended price of 70A asphalt was 3580 - 3650 yuan/ton, up 40 yuan/ton. Sinopec's refineries in East China raised the settlement price, driving up the market price. Future rainfall will pressure the demand side [7] Group 4: Data Overview - Data includes asphalt daily operating rate, Shandong asphalt comprehensive profit, asphalt cracking, asphalt social inventory, Shandong asphalt spot price, Shandong asphalt basis, asphalt manufacturer inventory, and asphalt warehouse receipts, with data sources from Wind and the Research and Development Department of CCB Futures [9][10][13][20]