石油沥青日报：市场氛围一般，盘面震荡偏弱运行-20250910

Group 1: Report Industry Investment Rating - The investment rating for the asphalt industry is "sideways to bearish" for the unilateral strategy, with no specific ratings for inter - period, inter - variety, spot - futures, or options strategies [2] Group 2: Core View of the Report - The asphalt market's fundamental situation is average. Although crude oil prices rebounded slightly on the previous day, the potential increase in OPEC production and the slight decline in diluted asphalt discounts weakened the cost - side support for asphalt. The peak demand season characteristics are not obvious, and the increase in asphalt supply in some areas has put pressure on spot prices. If oil prices lack upward momentum, the asphalt futures market may operate sideways to the downside [1] Group 3: Market Analysis Summary Futures Market - On September 9th, the closing price of the main asphalt futures contract BU2511 in the afternoon session was 3,420 yuan/ton, up 0.09% from the previous day's settlement price. The open interest was 241,910 lots, a decrease of 619 lots from the previous day, and the trading volume was 112,448 lots, a decrease of 77,019 lots [1] Spot Market - The spot settlement prices of heavy - traffic asphalt from Zhuochuang Information are as follows: 3,806 - 4,086 yuan/ton in Northeast China, 3,470 - 3,820 yuan/ton in Shandong, 3,490 - 3,540 yuan/ton in South China, and 3,560 - 3,700 yuan/ton in East China. On the previous day, asphalt spot prices fell in North China and Sichuan - Chongqing markets, rose slightly in the Shandong market, and remained generally stable in other regions [1] Group 4: Chart Information Summary Price Charts - There are charts showing the spot prices of heavy - traffic asphalt in Shandong, East China, South China, North China, Southwest China, and Northwest China, all with the unit of yuan/ton [3][5][7][10] Futures - related Charts - Charts display the closing prices of the petroleum asphalt futures index, the main contract, and the near - month contract, the near - month spread, and the trading volume and open interest of the unilateral and main contracts of petroleum asphalt futures, with units of yuan/ton and lots respectively [3][19][21][22] Production Charts - Charts present the weekly domestic asphalt production, independent refinery asphalt production, and asphalt production in Shandong, East China, South China, and North China, all with the unit of 10,000 tons [3][31][33][38] Consumption Charts - There are charts showing domestic asphalt consumption in road construction, waterproofing, coking, and ship - fuel sectors, with the unit of 10,000 tons [3][40][43] Inventory Charts - Charts show the asphalt refinery inventory and social inventory according to Longzhong's data, with the unit of 10,000 tons [3][49]