沥青早报-20251126
Yong An Qi Huo·2025-11-26 02:08

Group 1: Report Overview - This is an asphalt morning report released by Jia'an Futures' research center's energy and chemical team on November 26, 2025 [2][5] Group 2: Investment Rating - No investment rating information is provided in the report Group 3: Core View - No clear core view is presented in the provided content Group 4: Data Summary Basis and Spread - The Shandong basis (+80) (Hongrun) decreased from 121 on October 24 to -8 on November 25, with a daily change of -18 on November 25 [3] - The East China basis (Zhenjiang Warehouse) decreased from 101 on October 24 to 22 on November 25, with a daily change of -18 on November 25 [3] - The South China basis (Foshan Warehouse) decreased from 61 on October 24 to -18 on November 25, with a daily change of -38 on November 25 [3] - The 12 - 01 spread was -4 on November 25, with a daily change of 6 [3] - The 12 - 03 spread was -19 on November 25, with a daily change of 13 [3] - The 01 - 02 spread was 8 on November 25, with a daily change of 10 [3] Futures Contract - The BU main contract (01) was 3068 on November 25, with a daily change of 8 [3] - The trading volume was 242,577 on November 25, a decrease of 106,170 from the previous day [3] - The open interest was 343,749 on November 25, an increase of 4,014 from the previous day [3] - The combined order F remained at 4,690 from November 19 to November 25 [3] Spot Market - Brent crude oil price was $63.4 on November 25, with a daily change of $0.8 [3] - Jingbo's asphalt price decreased from 3,350 on October 24 to 3,000 on November 25, with a daily change of -20 on November 25 [3] - Hongrun's asphalt price decreased from 3,340 on October 24 to 2,980 on November 25, with a daily change of -10 on November 25 [3] - Zhenjiang Warehouse's asphalt price decreased from 3,400 on October 24 to 3,090 on November 25, with a daily change of -10 on November 25 [3] - Foshan Warehouse's asphalt price decreased from 3,360 on October 24 to 3,050 on November 25, with a daily change of -30 on November 25 [3] Profit - The asphalt - Ma Rui profit decreased from 264 on October 24 to 171 on November 25, with a daily change of -46 on November 25 [3] - The comprehensive profit of Ma Rui - type refineries decreased from 749 on October 24 to 758 on November 25, with a daily change of -34 on November 25 [3]