Group 1: Report Information - Report Name: Asphalt Morning Report [2][10] - Research Team: Research Center Energy and Chemicals Team [3][11] - Report Date: November 20, 2025 [3][11] Group 2: Market Data Summary Basis and Spread - Shandong Basis (+80) (Hongrun): On November 19, it was 15, with a daily change of 17 and a weekly change of 24 [4][12] - East China Basis (Zhenjiang Warehouse): On November 19, it was 105, with a daily change of -13 and a weekly change of -16 [4][12] - South China Basis (Foshan Warehouse): On November 19, it was 35, with a daily change of -13 and a weekly change of -66 [4][12] - 12 - 01 Spread: On November 19, it was 4, with a daily change and a weekly change of 5 [4][12] - 12 - 03 Spread: On November 19, it was -46, with a daily change of 2 and a weekly change of -2 [4][12] - 01 - 02 Spread: On November 19, it was -23, with a daily change of -3 and a weekly change of -7 [4][12] Futures Contract - BU Main Contract (01): On November 19, the price was 3045, with a daily change of 13 and a weekly change of 16 [4][12] - Trading Volume: On November 19, it was 242605, with a daily change of 23474 and a weekly change of -101039 [4][12] - Open Interest: On November 19, it was 338791, with a daily change of -10853 and a weekly change of -5664 [4][12] - Delivery Quantity: It remained at 4690 from November 13 - 19 [4][12] Spot Market - Brent Crude Oil: On November 19, the price was 64.9, with a daily change of 0.7 and a weekly change of 2.2 [4][12] - Jingbo: On November 19, the price was 3030, with a daily change of 0 and a weekly change of 20 [4][12] - Hongrun: On November 19, the price was 2980, with a daily change of 30 and a weekly change of 40 [4][12] - Zhenjiang Warehouse: The price remained at 3150 from November 13 - 19 [4][12] - Foshan Warehouse: On November 19, the price was 3080, with a daily change of 0 and a weekly change of -50 [4][12] Profit - Asphalt - Marrow Profit: On November 19, it was 59, with a daily change of -32 and a weekly change of -89 [4][12] - Marrow - type Refinery Comprehensive Profit: On November 19, it was 654, with a daily change of -93 [5][13]
永安期货沥青早报-20251120
Yong An Qi Huo·2025-11-20 02:16