沥青早报-20250718

Report Overview - Report Title: Asphalt Morning Report [2] - Research Team: Research Center's Energy and Chemicals Team [3] - Report Date: July 18, 2025 [3] 1. Report Industry Investment Rating - No industry investment rating information is provided in the report. 2. Core Viewpoint - No clear core viewpoint is presented in the provided content. 3. Summary by Relevant Catalogs Futures Contracts - BU主力合约 price on July 17 was 3628, with a daily increase of 5 and an interval increase of 5 [4]. - BU06 price was 3384, down 4 daily and up 30 interval [4]. - BU09 price was 3628, up 5 daily and 5 interval [4]. - BU12 price was 3450, unchanged daily and up 10 interval [4]. - BU03 price was 3409, up 4 daily and 26 interval [4]. Trading Volume and Open Interest - Trading volume on July 17 was 255138, an increase of 104119 from the previous day and 31904 interval [4]. - Open interest was 474048, an increase of 5640 daily and 5027 interval [4]. Spot Market - Shandong market low - end price on July 17 was 3570, up 10 daily and down 30 interval [4]. - East China market low - end price was 3670, unchanged daily and interval [4]. - South China market low - end price was 3580, unchanged daily and down 20 interval [4]. - North China market low - end price was 3750, unchanged daily and interval [4]. - Northeast market low - end price was 3900, unchanged daily and up 50 interval [4]. Basis and Monthly Spread - Shandong basis was - 58, up 5 daily and down 35 interval [4]. - East China basis was 42, down 5 daily and 5 interval [4]. - South China basis was - 48, down 5 daily and 25 interval [4]. - 03 - 06 spread was 25, up 8 daily and down 4 interval [4]. - 06 - 09 spread was - 244, down 9 daily [4]. - 09 - 12 spread was 178, up 5 daily and down 5 interval [4]. - 12 - 03 spread was 41, down 4 daily and 16 interval [4]. Crack Spread and Profit - Asphalt Brent crack spread was - 21, up 17 daily and down 23 interval [4]. - Asphalt Ma Rui profit was - 87, up 15 daily and down 20 interval [4]. - Ordinary refinery comprehensive profit was 452, up 6 daily and down 44 interval [4]. - Import profit (South Korea - East China) was - 154, down 3 daily [4]. - Import profit (Singapore - South China) was - 980, down 3 daily and 17 interval [4]. Related Prices - Brent crude oil price on July 17 was 68.5, down 0.2 daily and 0.1 interval [4]. - Shandong gasoline market price was 7805, down 5 daily and 26 interval [4]. - Shandong diesel market price was 6696, up 4 daily and down 115 interval [4]. - Shandong residue oil market price was 3700, unchanged daily and up 85 interval [4].