Report Summary 1. Report Industry Investment Rating - Unavailable 2. Core Viewpoints - The rigid demand for asphalt is weak, and the market trading is relatively light [1] - The cost - side support for asphalt has weakened due to the continuous decline in crude oil prices, and the price trend will marginally weaken if oil prices continue to fall. The overall supply - demand situation of asphalt remains weak, with low inventory and limited short - term excess pressure, but there is limited upward drive from the fundamentals [2] 3. Summary by Relevant Catalogs Market Analysis - On August 5th, the closing price of the main asphalt futures contract BU2510 in the afternoon session was 3,520 yuan/ton, down 60 yuan/ton or 1.68% from the previous settlement price. The open interest was 208,129 lots, a decrease of 3,838 lots compared to the previous day, and the trading volume was 128,452 lots, a decrease of 11,859 lots [2] - The spot settlement prices of heavy - traffic asphalt from Zhuochuang Information are as follows: Northeast 3,880 - 4,086 yuan/ton; Shandong 3,570 - 3,970 yuan/ton; South China 3,560 - 3,630 yuan/ton; East China 3,650 - 3,800 yuan/ton. The spot prices of asphalt in North China, Shandong, East China, and South China decreased, while other regions remained stable [2] Strategy - Unilateral: Oscillation; no strategies for inter - delivery, cross - variety, spot - futures, or options are provided [3] Figures - The report includes figures on asphalt spot prices in different regions (Shandong, East China, South China, North China, Southwest, Northwest), asphalt futures prices (index, main contract, near - month contract, near - month spread), trading volume and open interest of asphalt futures (unilateral, main contract), domestic asphalt weekly production, asphalt production of independent refineries and in different regions (Shandong, East China, South China, North China), domestic asphalt consumption in different fields (road, waterproofing, coking, ship fuel), and asphalt inventories (refinery and social) [4]
石油沥青日报:刚性需求偏弱,市场成交较为清淡-20250806
Hua Tai Qi Huo·2025-08-06 05:23