沥青早报-20260326

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - No information provided 3. Summary by Relevant Catalog 3.1 Basis and Spread - The Shandong basis (+80) (non-Jingbo) changed from 22 on 2/25 to -130 on 3/25, with a daily change of -159 [3]. - The East China basis (Zhenjiang warehouse) changed from -28 on 2/25 to -180 on 3/25, with a daily change of -229 [3]. - The South China basis (Foshan warehouse) changed from -128 on 2/25 to -210 on 3/25, with a daily change of -259 [3]. - The 04 - 05 spread changed from -15 to 13, with a daily change of 10 [3]. - The 04 - 06 spread changed from -22 to 15, with a daily change of 7 [3]. - The 06 - 09 spread changed from 36 to 253, with a daily change of 8 [3]. 3.2 Futures Contracts - The BU main contract price changed from 3358 on 2/25 to 4410 on 3/25 [3]. - The trading volume changed from 189,401 on 2/25 to 1,073,847 on 3/25, with a daily change of -202,717 (-30) [3]. - The open interest changed from 327,972 on 2/25 to 350,606 on 3/25, with a daily change of 1,740 (-5) [3]. 3.3 Spot Prices - The Brent crude oil price changed from N/A to 100.8 on 3/25, with a daily change of -0.4 [3]. - The Jingbo spot price changed from 3320 on 2/25 to 4250 on 3/25, with a daily change of -100 [3]. - The Shandong (non-Jingbo) spot price changed from 3300 on 2/25 to 4200 on 3/25, with a daily change of -150 [3]. - The Zhenjiang warehouse spot price changed from 3330 on 2/25 to 4230 on 3/25, with a daily change of -220 [3]. - The Foshan warehouse spot price changed from 3230 on 2/25 to 4200 on 3/25, with a daily change of -250 [3]. 3.4 Profits - The asphalt Ma Rui profit changed from N/A to -204 on 3/25, with a daily change of -60 [3].