沥青早报-20251016

Report Summary 1. Report Industry Investment Rating No information provided in the content. 2. Core View of the Report No clear core view is presented in the given content. The report mainly provides various data on asphalt, including contract prices, trading volumes, market prices, basis, and spreads. 3. Summary According to Related Catalogs Futures Contracts - The prices of most BU contracts decreased on October 15 compared to the previous day, with BU10 remaining unchanged. For example, BU11 decreased by 40 to 3250, and BU01 decreased by 13 to 3154 [4]. - The trading volume on October 15 was 262,129, an increase of 18,325 from the previous day and 32,331 from the previous week. The open interest was 346,507, a decrease of 402 from the previous day but an increase of 29,572 from the previous week [4]. Market Prices - Market prices in different regions generally showed a downward trend. For instance, the Shandong market price decreased by 10 to 3450, and the Northeast market price decreased by 30 to 3720 [4]. - The price differences between regions also changed. The Shandong - Northeast price difference increased by 20 to -270, and the East China - South China price difference remained at 70 [4]. Basis and Spread - Most basis values increased. For example, the Shandong basis (+80) increased by 50 to 240, and the South China basis increased by 30 to 80 [4]. - The spread between different contract months also changed significantly. For example, the 10 - 11 spread increased by 40 to 220, and the 10 - 12 spread increased by 27 to 286 [4]. Crack Spread and Profit - The asphalt Brent crack spread increased by 38 to 199, and the asphalt MRE profit increased by 35 to 113. The comprehensive profit of ordinary refineries increased by 21 to 527, and the comprehensive profit of MRE - type refineries increased by 26 to 915 [4]. - The import profit from South Korea to East China and from Singapore to South China remained unchanged at -268 and -994 respectively [4].