永安期货沥青早报-20250723

Report Information - Report Title: Asphalt Morning Report [2][19] - Research Team: Research Center Energy and Chemicals Team [3][20] - Report Date: July 23, 2025 [3][20] Key Data Summary Futures Contracts - BU主力合约 price on July 22 was 3609, with a daily change of -48 and a weekly change of -37 [4][21] - Trading volume on July 22 was 345,260, with a daily increase of 135,231 and a weekly increase of 137,952 [4][21] - Open interest on July 22 was 460,563, with a daily decrease of 19,090 and a weekly decrease of 15,053 [4][21] Spot Prices - Shandong market low - end price on July 22 was 3620, with a daily change of -20 and a weekly change of 70 [4][21] - East China market low - end price on July 22 was 3670, with no daily change and no weekly change [4][21] - South China market low - end price on July 22 was 3550, with a daily change of -10 and a weekly change of -50 [4][21] - North China market low - end price on July 22 was 3730, with a daily change of -10 and a weekly change of -20 [4][21] - Northeast market low - end price on July 22 was 3900, with no daily change and a weekly change of 50 [4][21] Basis and Month - to - Month Spreads - Shandong basis on July 22 was 11, with a daily change of 28 and a weekly change of 107 [4][21] - East China basis on July 22 was 61, with a daily change of 48 and a weekly change of 37 [4][21] - South China basis on July 22 was -59, with a daily change of 38 and a weekly change of -13 [4][21] - 03 - 06 spread on July 22 was 5, with a daily change of -17 and a weekly change of -21 [4][21] - 06 - 09 spread on July 22 was -224, with a daily change of 27 and a weekly change of 40 [4][21] - 09 - 12 spread on July 22 was 156, with a daily change of -16 and a weekly change of -25 [4][21] - 12 - 03 spread on July 22 was 63, with a daily change of 6 and a weekly change of 6 [4][21] Crack Spreads and Profits - Asphalt Brent crack spread on July 22 was -6, with a daily change of -16 and a weekly change of 40 [4][21] - Asphalt Ma Rui profit on July 22 was -74, with a daily change of -14 and a weekly change of 35 [4][21] - Ordinary refinery comprehensive profit on July 22 was 415, with a daily change of -14 and a weekly change of -66 [4][21] - Import profit (South Korea - East China) on July 22 was -153, with no daily change and a weekly change of -4 [4][21] - Import profit (Singapore - South China) on July 22 was -1005, with a daily change of -9 and a weekly change of -49 [4][21] Related Prices - Brent crude price on July 22 was 69.2, with a daily change of -0.1 and a weekly change of 0.5 [4][21] - Shandong gasoline market price on July 22 was 7830, with a daily change of -8 and a weekly change of -14 [4][21] - Shandong diesel market price on July 22 was 6673, with a daily change of -15 and a weekly change of -76 [4][21] - Shandong residue market price on July 22 was 3650, with no daily change and no weekly change [4][21]