永安期货沥青早报-20250820

Report Information - Report Title: Asphalt Morning Report [2][10][18] - Research Team: Energy and Chemicals Team of the Research Center [3][11][19] - Report Date: August 20, 2025 [3][11][19] - Data Sources: Mysteel, Wind [6][14][22] Key Points Futures Contracts - The price of the BU main contract on August 19 was 3453, with a daily change of -20 and a weekly change of -28 [4][12][20] - The prices of BU06, BU09, BU12, and BU03 on August 19 were 3314, 3490, 3357, and 3321 respectively, with corresponding daily changes of -11, -9, -20, and -21, and weekly changes of 3, -22, -28, and -5 [4][12][20] Trading Volume and Open Interest - The trading volume on August 19 was 217347, with a daily change of -43279 and a weekly change of -22030 [4][12][20] - The open interest on August 19 was 428359, with a daily change of -3534 and a weekly change of -21568 [4][12][20] Spot Market - The market prices of asphalt in Shandong, East China, South China, North China, and Northeast China on August 19 were 3550, 3720, 3510, 3680, and 3880 respectively, with corresponding daily changes of -30, -10, -10, 0, and 0, and weekly changes of -130, -10, -70, 20, and -20 [4][12][20] - The prices of Jingbo (Haiyun) and Luohai (Xin Bohai) on August 19 were both 3670 and 3680 respectively, with corresponding daily changes of 0 and 0, and weekly changes of -10 and 20 [4][12][20] Basis and Calendar Spread - The Shandong basis on August 19 was 97, with a daily change of -10 and a weekly change of -102 [4][12][20] - The East China basis on August 19 was 267, with a daily change of 10 and a weekly change of 18 [4][12][20] - The South China basis on August 19 was 57, with a daily change of 10 and a weekly change of -42 [4][12][20] - The 03 - 06, 06 - 09, 09 - 12, and 12 - 03 calendar spreads on August 19 were 7, -176, 133, and 36 respectively, with corresponding daily changes of -10, -2, 11, and -23, and weekly changes of -8, 22, 6, and -23 [4][12][20] Crack Spread and Profit - The asphalt Brent crack spread on August 18 was 70, and the asphalt Ma Rui profit was -4 [4][12][20] - The comprehensive profit of ordinary refineries on August 18 was 504, and the comprehensive profit of Ma Rui - type refineries was 765 [4][12][20] - The import profits from South Korea to East China and from Singapore to South China on August 19 were -134 and -1044 respectively, with corresponding daily changes of -12 and -12, and weekly changes of -6 and -59 [4][12][20] Related Contracts - The price of Brent crude oil on August 18 was 65.9 [4][12][20] - The market price of gasoline in Shandong on August 19 was 7679, with a daily change of -2 and a weekly change of -61 [4][12][20] - The market prices of diesel and residue oil in Shandong on August 19 were 6531 and 3660 respectively [4][12][20]