石油沥青日报：需求维持弱势，市场情绪承压-20250820

Group 1: Report Industry Investment Rating - There is no information provided about the report industry investment rating in the given content. Group 2: Report's Core View - The demand in the asphalt market remains weak, and market sentiment is under pressure. The current supply - demand pattern is generally weak, with limited improvement in rigid demand due to weather and capital factors, and speculative demand is also weak. The social inventory depletion is weaker than the seasonal level. If oil prices continue to fall, the asphalt market price will further decline, and in the short term, the impact of the Russia - Ukraine peace talks on the oil market sentiment needs attention [1]. - The strategy for asphalt trading is as follows: the outlook for single - side trading is oscillatory, while there are no strategies for inter - period, inter - variety, spot - futures, and options trading [2]. Group 3: Market Analysis Summary - On August 19th, the closing price of the main asphalt futures contract BU2510 in the afternoon session was 3453 yuan/ton, a decrease of 21 yuan/ton or 0.6% compared to the previous day's settlement price. The open interest was 219,752 lots, a decrease of 5,528 lots compared to the previous day, and the trading volume was 141,976 lots, a decrease of 33,511 lots compared to the previous day [1]. - The spot settlement prices of heavy - traffic asphalt according to Zhuochuang Information are: 3,856 - 4,086 yuan/ton in the Northeast, 3,450 - 3,870 yuan/ton in Shandong, 3,490 - 3,530 yuan/ton in South China, and 3,580 - 3,750 yuan/ton in East China. The price in North China increased slightly yesterday, while the spot prices in Shandong and East China decreased, and the prices in other regions remained stable for the time being [1]. Group 4: Strategy Summary - Single - side trading: The outlook is oscillatory [2]. - Inter - period trading: No strategy [2]. - Inter - variety trading: No strategy [2]. - Spot - futures trading: No strategy [2]. - Options trading: No strategy [2]. Group 5: Chart Information Summary - There are multiple charts showing various data related to asphalt, including spot prices in different regions (Shandong, East China, South China, North China, Southwest, Northwest), futures index and contract closing prices, trading volume and open interest of futures, domestic weekly asphalt production, production in different regions (Shandong, East China, South China, North China), domestic asphalt consumption in different fields (road, waterproofing, coking, ship fuel), and asphalt inventory in refineries and social inventories [3] [10] [17] [20] [22] [27] [29] [35] [36] [37] [38].