建信期货沥青日报-20260317

Group 1: Report Information - Report title: Asphalt Daily Report [1] - Date: March 17, 2026 [2] Group 2: Investment Rating - Not provided Group 3: Core View - The asphalt futures rose significantly, boosting the sentiment of the asphalt spot market. With the continuous blockade of the Strait of Hormuz and the expanding production cuts by Middle - Eastern oil - producing countries, oil prices are on an upward trend, providing strong support for the cost of asphalt. It is expected that asphalt will mainly operate strongly [6]. Group 4: Market Conditions and Operation Suggestions - Market conditions: For BU2606, the opening price was 4053 yuan/ton, the closing price was 4464 yuan/ton, the highest was 4504 yuan/ton, the lowest was 3982 yuan/ton, the increase was 10.63%, and the trading volume was 112.76 million lots. For BU2609, the opening price was 3874 yuan/ton, the closing price was 4160 yuan/ton, the highest was 4190 yuan/ton, the lowest was 3810 yuan/ton, the increase was 7.24%, and the trading volume was 6.62 million lots. The spot prices of asphalt in North China and East China were generally stable, while those in other regions increased to varying degrees [6]. Group 5: Industry News - Shandong market: The mainstream intended price of 70A - grade asphalt was 3930 - 4150 yuan/ton, up 75 yuan/ton from the previous working day. The continuous rise of international oil prices and the new high of asphalt futures in the session were beneficial to the asphalt price from the cost and market sentiment. The price increases by refineries and traders drove up the low - end price in the Shandong market [7]. - South China market: The mainstream intended price of 70A - grade asphalt was 4200 - 4400 yuan/ton, up 225 yuan/ton from the previous working day. The prices of asphalt from major refineries were generally raised above 4000 yuan/ton, and the limited supply from major refineries boosted market sentiment. The approaching of the asphalt futures to the daily limit in the session made traders more wait - and - see, and the intended selling prices generally increased, driving up the price in the South China market [7]. Group 6: Data Overview - The report presents multiple data charts, including the spot price of South China asphalt, Shandong asphalt basis, asphalt daily operating rate, Shandong asphalt comprehensive profit, asphalt cracking, asphalt social inventory, asphalt manufacturer inventory, and asphalt warehouse receipts, with data sources from wind and the Research and Development Department of CCB Futures [9][13][14][19]