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沥青早报-20250801
Yong An Qi Huo·2025-08-01 06:16

Report Information - Report Title: Asphalt Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: August 1, 2025 [3] 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Report's Core View - No clear core view is presented in the provided content. 3. Summary by Relevant Catalogs Futures Contracts - Prices: On July 31, BU06 was at 3447 (up 9 from the previous day, 56 for the week), BU09 at 3659, BU12 at 3530 (up 5, 70 for the week), BU03 at 3469 (unchanged, up 63 for the week) [4]. - Volume and Open Interest: Volume on July 31 was 268,665, a drop of 81,465 from the previous day and 31,821 for the week Open interest was 499,556, up 19,000 from the previous day and 40,145 for the week [4]. Spot Market - Low - end Prices: On July 31, Shandong was at 3600 (unchanged, down 20 for the week), East China at 3670 (unchanged), South China at 3580 (up 30, 30 for the week), North China at 3730 (up 10, 10 for the week), Northeast at 3850 (unchanged, down 50 for the week) [4]. Basis and Calendar Spreads - Basis: Shandong basis was - 59 (down 9, down 85 for the week), East China basis was 11 (down 9), South China basis was - 79 (up 21, down 35 for the week) [4]. - Calendar Spreads: 03 - 06 was 22 (down 9, up 7 for the week), 06 - 09 was - 212 (unchanged, down 9 for the week), 09 - 12 was 129 (up 4, down 5 for the week), 12 - 03 was 61 (up 5, up 7 for the week) [4]. Crack Spreads and Profits - Crack Spreads: Asphalt Brent crack spread was - 237 (down 29, down 237 for the week) [4]. - Profits: Asphalt MRE profit was - 283 (down 26, down 213 for the week), ordinary refinery comprehensive profit was 270 (down 36, down 151 for the week), MRE - type refinery comprehensive profit was - 130 (down 31, down 175 for the week) [4]. Related Prices - Brent Crude: On July 31, it was at 73.2, up 0.7 from the previous day and 4.1 for the week [4]. - Shandong Gasoline and Diesel: Gasoline price was 7854 (up 3), diesel price was 6720 (down 11) [4]. - Shandong Residue: Price was 3675 (unchanged, up 25 for the week) [4].