山东标品基差(+80) 500 300 100 -300 -500 s 疯皮期货 沥青早报 研究中心能化团队 2025/6/18 | | 指标 | 5/19 | 6/9 | 6/13 | 6/16 | 6/17 | 日度变化 | 周度変化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | BU主力合约 | 3502 | 3488 | 3628 | 3667 | 3644 | -23 | 156 | | | BU06 | 3502 | 3516 | 3600 | 3650 | 3381 | -269 | -135 | | | BU09 | 3430 | 3488 | 3628 | 3667 | 3644 | -23 | 156 | | | BU12 | 3231 | 3320 | 3469 | 3499 | 3482 | -17 | 162 | | 据面 | BU03 | 3227 | 3267 | 3394 | 3423 | 3379 | -44 | 112 | | | 成交量 | 349940 | 463328 | 758434 | ...

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - On June 11, polysilicon showed a volatile and slightly stronger trend. The main contract 2507 closed at 34,255 yuan/ton, with an intraday increase of 0.72%. Industrial silicon also showed a volatile and slightly stronger trend, with the main contract 2507 closing at 7,560 yuan/ton and an intraday increase of 2.23% [2]. - With the full - scale reduction of hydropower prices in the southwest region and the continuous decline of silicon coal and electrodes, the cost center of industrial silicon has been continuously adjusted downwards. The operating level of silicon plants during the wet season has been reduced to the limit, and there are few variables on the demand side, so industrial silicon has stopped falling in the short term. Polysilicon has continued to reduce its load comprehensively, and there is still a possibility of expanding the production - restriction quota through industry self - discipline in the future. A new round of order signing has been completed, but the volume is limited, and from the perspective of spot trading, low - grade products are more resistant to price drops than high - grade products. Polysilicon remains weak [2]. 3. Summary by Directory 3.1 Research Viewpoints - Polysilicon: The main contract 2507 closed at 34,255 yuan/ton, up 0.72% intraday, with a position reduction of 2,509 lots to 60,199 lots. The SMM N - type polysilicon material price was 36,500 yuan/ton, and the price of the lowest - delivery N - type polysilicon material remained stable at 36,500 yuan/ton. The spot premium over the main contract narrowed to 2,245 yuan/ton [2]. - Industrial silicon: The main contract 2507 closed at 7,560 yuan/ton, up 2.23% intraday, with a position reduction of 8,591 lots to 147,000 lots. The reference price of industrial silicon spot from Baichuan was 8,750 yuan/ton, remaining stable compared with the previous trading day. The price of the lowest - delivery 553 grade dropped to 7,600 yuan/ton, and the spot premium narrowed to 125 yuan/ton [2]. 3.2 Daily Data Monitoring - **Industrial Silicon**: - Futures settlement price: The main contract increased from 7,395 yuan/ton on June 10 to 7,475 yuan/ton on June 11, up 80 yuan/ton. The near - month contract also increased by 80 yuan/ton. - Spot prices of various grades remained mostly stable. The spot premium narrowed from 205 yuan/ton to 125 yuan/ton. - Inventory: The industrial silicon warehouse receipt decreased by 578 tons, and the Guangzhou Futures Exchange inventory decreased by 13,400 tons. The total social inventory decreased by 7,900 tons [3]. - **Polysilicon**: - Futures settlement price: The main contract increased from 33,955 yuan/ton on June 10 to 34,255 yuan/ton on June 11, up 300 yuan/ton, while the near - month contract decreased by 135 yuan/ton. - Spot prices of various grades remained stable. The spot premium narrowed from 2,545 yuan/ton to 2,245 yuan/ton. - Inventory: The polysilicon warehouse receipt increased by 120 tons, the Guangzhou Futures Exchange inventory increased by 60,000 tons, and the total social inventory decreased by 100 tons [3]. - **Downstream**: The prices of silicon wafers and battery cells remained unchanged [3]. 3.3 Chart Analysis - **Industrial Silicon and Cost - side Prices**: Charts show the prices of various grades of industrial silicon, grade spreads, regional spreads, electricity prices, silica prices, and refined coal prices [4][5][7]. - **Downstream Finished Product Prices**: Charts display the prices of DMC, organic silicon finished products, polysilicon, silicon wafers, battery cells, and components [14][15][18]. - **Inventory**: Charts present the inventory of industrial silicon (including futures inventory, factory inventory, and total social inventory), DMC, and polysilicon [19][23][24]. - **Cost and Profit**: Charts show the average cost and profit levels of main production areas, the weekly cost - profit of industrial silicon, the profit of the aluminum alloy processing industry, and the cost - profit of DMC and polysilicon [25][26][28]. 4. Research Team Introduction - Zhan Dapeng, a master of science, is the director of non - ferrous research at Everbright Futures Research Institute, a senior precious metals researcher, and a medium - level gold investment analyst. He has over a decade of commodity research experience [34]. - Wang Heng, a master of finance from the University of Adelaide, Australia, is a non - ferrous researcher at Everbright Futures Research Institute, mainly focusing on aluminum and silicon [34]. - Zhu Xi, a master of science from the University of Warwick, UK, is a non - ferrous researcher at Everbright Futures Research Institute, mainly focusing on lithium and nickel [35].

1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - No explicit core view presented in the given content 3. Summary by Related Catalogs Futures Contracts - The closing price of the BU main contract on June 10 was 3483, a daily decrease of 5 [4] - The closing price of BU06 was 3522, a daily increase of 6 and a monthly increase of 43 [4] - The closing price of BU09 was 3483, a daily decrease of 5 and a monthly increase of 27 [4] - The closing price of BU12 was 3317, a daily decrease of 3 and a monthly increase of 26 [4] - The closing price of BU03 was 3255, a daily decrease of 12 and a monthly decrease of 5 [4] Trading Volume and Open Interest - The trading volume on June 10 was 365,488, a daily decrease of 97,840 and a monthly decrease of 40,691 [4] - The open interest was 480,437, a daily increase of 15,737 and a monthly increase of 57,312 [4] Spot Market Prices - The low - end price in the Shandong market was 3500, a daily increase of 30 and a monthly increase of 30 [4] - The low - end price in the East China market was 3580, a daily increase of 30 and a monthly increase of 30 [4] - The low - end price in the South China market was 3390, with no daily change and a monthly increase of 30 [4] - The low - end price in the North China market was 3740, with no daily change and a monthly increase of 100 [4] - The low - end price in the Northeast market was 3800, with no daily change and a monthly increase of 20 [4] Basis and Calendar Spreads - The Shandong basis was 17, a daily increase of 35 and a monthly increase of 29 [4] - The East China basis was 97, a daily increase of 35 and a monthly increase of 29 [4] - The South China basis was - 93, a daily increase of 5 and a monthly increase of 29 [4] - The 03 - 06 spread was - 267, a daily decrease of 18 and a monthly decrease of 48 [4] - The 06 - 09 spread was 39, a daily increase of 11 and a monthly increase of 16 [4] - The 09 - 12 spread was 166, a daily decrease of 2 and a monthly increase of 1 [4] - The 12 - 03 spread was 62, a daily increase of 9 and a monthly increase of 31 [4] Crack Spreads and Profits - The asphalt Brent crack spread was - 14, with no daily change and a monthly decrease of 35 [4] - The asphalt and Ma Rui profit was - 80, with no daily change and a monthly decrease of 32 [4] - The comprehensive profit of ordinary refineries was 397, a daily decrease of 24 and a monthly decrease of 92 [4] - The import profit from South Korea to East China was - 159, a daily increase of 27 and a monthly increase of 35 [4] - The import profit from Singapore to South China was - 994, with no daily change and a monthly increase of 37 [4] Related Prices - The price of Brent crude oil was 67.0, a daily increase of 0.6 and a monthly increase of 1.4 [4] - The market price of gasoline in Shandong was 7548, a daily decrease of 1 and a monthly decrease of 27 [4] - The market price of diesel in Shandong was 6613, a daily decrease of 1 and a monthly decrease of 51 [4] - The market price of residual oil in Shandong was 3605, with no daily change and a monthly decrease of 105 [4]

| | | | | | 玻璃纯碱早报 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 玻 璃 | | | 研究中心能化团队 | | | 2025/6/9 | | | 2025/5/30 | 2025/6/5 | | 2025/6/6 周度变化 日度变化 | | | 2025/5/30 | 2025/6/5 | | 2025/6/6 周度变化 日度变化 | | | 沙河安全 5mm大 板 | 1134.0 | 1121.0 | 1121.0 | -13.0 | 0.0 | FG09合约 | 982.0 | 963.0 | 997.0 | 15.0 | 34.0 | | 沙河长城 5mm大板 | 1113.0 | 1113.0 | 1126.0 | 13.0 | 13.0 | FG01合约 | 1043.0 | 1018.0 | 1054.0 | 11.0 | 36.0 | | 沙河5mm大 板低价 | 1113.0 | 1113.0 | 1121.0 | 8.0 ...

美国市场正处于一个罕见的"叠加时刻"：特朗普既像典型的共和党那样大力减税，又延续民主党级别的 超高支出，美股则重现80年代去监管与90年代科技牛市的合体盛宴。 近日，美银首席投资策略师Michael Hartnett在最新报告中犀利指出，美国政府正在以7万亿美元的支出 对抗5万亿美元的收入，2万亿美元的赤字缺口让美元在5%国债收益率下依然暴跌。市场欢乐的背后， 是美元崩跌、债务激增与AI驱动下的不确定性。 "减税+撒钱"下的危局，美元失色，债务无底 美银的数据显示，自大选以来，代表权贵科技与金融的"bro billionaire"股票篮子暴涨45%，而代表特 朗普票仓的小盘股罗素2000指数却下跌7%。关税、减税、制造业回流、去监管——所有利好政策一应 俱全，但小投资者却无人问津。 这种分化正在重塑市场格局。Z世代和千禧一代面对高不可攀的房价选择了退却，转而通过股票和加密 货币为未来储蓄并对冲AI风险。经纪交易商与房屋建筑商的比值已达16年高点，而20-24岁大学毕业生 的失业率在过去三个月飙升至6%，远高于2023年12月的4%。 特朗普"既要减税，也要豪掷"，7万亿美元的财政支出，配合每年5万亿美元的收入 ...

Report Information - Report Title: "Asphalt Morning Report" [2] - Research Team: Research Center Energy and Chemicals Team [3] - Report Date: June 4, 2025 [3] Key Data Summary Futures Contracts - BU主力合约: Price on 6/3 was 3482, with a weekly change of -44 [4] - BU06: Price on 6/3 was 3479, daily change 27, weekly change -60 [4] - BU09: Price on 6/3 was 3456, daily change 42, weekly change -22 [4] - BU12: Price on 6/3 was 3291, daily change 54, weekly change -6 [4] - BU03: Price on 6/3 was 3260, weekly change 2 [4] Trading Volume and Open Interest - Volume: 406179 on 6/3, daily change -173747, weekly change 13911 [4] - Open Interest: 423125 on 6/3, daily change 2661, weekly change 35582 [4] - Inventory: Remained 55160 from 4/30 to 6/3, no change [4] Spot Prices - Shandong Market Low-end Price: 3470 on 6/3, daily and weekly change 20 [4] - East China Market Low-end Price: 3550 on 6/3, daily change 30, weekly change 30 [4] - South China Market Low-end Price: 3360 on 6/3, daily change 80, weekly change -20 [4] - North China Market Low-end Price: 3640 on 6/3, weekly change 60 [4] - Northeast Market Low-end Price: 3780 on 6/3, weekly change 80 [4] Basis and Calendar Spreads - Shandong Basis: -12 on 6/3, daily change -5, weekly change 64 [4] - East China Basis: 68 on 6/3, daily change 5, weekly change 74 [4] - South China Basis: -122 on 6/3, weekly change 24 [4] - 03 - 06 Spread: -219 on 6/3, daily change 32, weekly change 62 [4] - 06 - 09 Spread: 23 on 6/3, daily change -15, weekly change -38 [4] - 09 - 12 Spread: 158 on 6/3, daily change -12, weekly change -16 [4] - 12 - 03 Spread: 31 on 6/3, daily change -5, weekly change -8 [4] - Consecutive Spread: 9 on 6/3, daily change -10, weekly change -10 [4] Crack Spreads and Profits - Asphalt Brent Crack Spread: 73 on 6/3, daily change -25, weekly change -22 [4] - Asphalt Ma Rui Profit: -23 on 6/3, weekly change -20 [4] - Ordinary Refinery Comprehensive Profit: 534 on 6/3 [4] - Ma Rui-type Refinery Comprehensive Profit: Data for 6/3 is N/A [4] - Import Profit (South Korea - East China): -194 on 6/3, daily change -93, weekly change -100 [4] - Import Profit (Singapore - South China): -1031 on 6/3, daily change 63, weekly change -34 [4] Related Prices - Brent Crude Oil: 64.6 on 6/3, daily change 0.7, weekly change 0.5 [4] - Shandong Gasoline Market Price: 7575 on 6/3, daily change 92, weekly change 146 [4] - Shandong Diesel Market Price: 6664 on 6/3, daily change 88, weekly change 132 [4] - Shandong Residue Oil Market Price: 3710 on 6/3, daily change -50, weekly change -82 [4]

Industry Investment Rating - No relevant content provided Core Viewpoints - No relevant content provided Summary by Related Catalogs Futures Prices - The closing prices of BU main contract, BU06, BU09, BU12, and BU03 on May 29 were 3514, 3507, 3483, 3308, and 3266 respectively, with daily changes of 33, 18, 40, 42, and 39, and weekly changes of -5, -30, 8, 18, and 17 [4]. Trading Volume and Open Interest - The trading volume on May 29 was 510,411, with a daily increase of 102,426 and a weekly increase of 170,744. The open interest was 419,343, with a daily increase of 12,843 and a weekly increase of 18,164 [4]. Spot Prices - The low - end prices in Shandong, East China, South China, North China, and Northeast markets on May 29 were 3480, 3520, 3280, 3640, and 3780 respectively. The daily changes were 0, 0, -100, 10, and 30, and the weekly changes were 30, 0, -100, 70, and 80 [4]. Basis and Calendar Spreads - The Shandong basis was -34, with a daily change of -33 and a weekly change of 35. The East China basis was 6, with a daily change of -33 and a weekly change of 5. The South China basis was -234, with a daily change of -133 and a weekly change of -95 [4]. - The 03 - 06 spread was -241, with a daily change of 21 and a weekly change of 47. The 06 - 09 spread was 24, with a daily change of -22 and a weekly change of -38. The 09 - 12 spread was 175, with a daily change of -2 and a weekly change of -10 [4]. Crack Spreads and Profits - The asphalt Brent crack spread was 69, with a daily change of -45 and a weekly change of 7. The ordinary refinery comprehensive profit was 475, with a daily change of -23 and a weekly change of 3. The Ma Rui - type refinery comprehensive profit was 106, with a daily change of -29 and a weekly change of 7 [4]. - The import profit from South Korea to East China was -107, with a daily change of -2 and a weekly change of 2. The import profit from Singapore to South China was -1101, with a daily change of -91 and a weekly change of -87 [4]. Related Prices - The price of Brent crude oil on May 29 was 64.9, with a daily change of 0.8 and a weekly change of 0.5. The gasoline market price in Shandong was 7482, with a daily change of 16 and a weekly change of 77. The diesel market price in Shandong was 6581, with a daily change of 44 and a weekly change of 62. The residue oil market price in Shandong was 3795, with no daily or weekly change [4].

Report Information - Report Title: Asphalt Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: May 29, 2025 [3] Core Data Summary Futures Contracts - **Prices**: The prices of BU06, BU09, BU12, and BU03 contracts showed varying degrees of change. For example, the BU06 contract decreased by 35 - 34 points on a daily basis and 60 - 52 points on a weekly basis [4]. - **Volume and Open Interest**: The trading volume was 407,985 on May 28, a daily decrease of 50,689 and a weekly increase of 87,988. The open interest was 406,500, a daily increase of 26,024 and a weekly increase of 1,891 [4]. Spot Market - **Low - end Prices**: The low - end prices in different regions had different trends. For instance, the low - end price in the Shandong market increased by 30 points both daily and weekly to 3,480, while the price in the East China market remained unchanged at 3,520 [4]. - **Specific Brands**: The price of Jingbo (Haiyun) increased by 20 points daily and 40 points weekly to 3,610 [4]. Basis and Calendar Spreads - **Basis**: The basis in different regions changed. For example, the Shandong basis increased by 90 points weekly to - 1, and the East China basis increased by 60 points weekly to 39 [4]. - **Calendar Spreads**: The spreads between different contracts also changed. For example, the 03 - 06 spread increased by 27 points daily and 47 points weekly to - 262 [4]. Crack Spreads and Profits - **Crack Spreads**: The asphalt Brent crack spread increased by 58 points daily and 83 points weekly to 112 [4]. - **Profits**: The asphalt Marrow profit increased by 52 points daily and 75 points weekly to 35. The ordinary refinery's comprehensive profit increased by 22 points daily and 89 points weekly to 497 [4].

Report Summary 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core View No clear core view is presented in the given content. The report mainly provides a comprehensive set of data on asphalt - related market indicators, including prices, volumes, spreads, and profits. 3. Summary by Categories Futures Contracts - BU主力合约 price on 5/22 was 3539, with a daily change of 20 and a weekly change of 18 [4]. - BU06 price on 5/22 was 3555, with a daily change of 15 and a weekly change of 31 [4]. - BU09 price on 5/22 was 3481, with a daily change of 6 and a weekly change of 34 [4]. - BU12 price on 5/22 was 3301, with a daily change of 11 and a weekly change of 34 [4]. - BU03 price on 5/22 was 3250, with a daily change of T and a weekly change of - 6 [4]. - Futures trading volume on 5/22 was 381836, with a daily change of 42169 and a weekly change of 93530 [4]. - Futures open interest on 5/22 was 419968, with a daily change of 18789 and a weekly change of 53795 [4]. Spot Market - Shandong market low - end price remained at 3450 on 5/22, with no daily or weekly change [4]. - East China market low - end price was 3520 on 5/22, with no daily change and a weekly change of 20 [4]. - South China market low - end price remained at 3380 on 5/22, with no daily or weekly change [4]. - North China market low - end price was 3570 on 5/22, with no daily change and a weekly change of 20 [4]. - Northeast market low - end price remained at 3700 on 5/22, with no daily or weekly change [4]. Basis and Calendar Spreads - Shandong basis on 5/22 was - 89, with a daily change of - 20 and a weekly change of - 18 [4]. - East China basis on 5/22 was - 19, with a daily change of - 20 and a weekly change of 2 [4]. - South China basis on 5/22 was - 159, with a daily change of - 20 and a weekly change of - 18 [4]. - 03 - 06 spread on 5/22 was - 302, with a daily change of - 14 and a weekly change of - 37 [4]. - 06 - 09 spread on 5/22 was 71, with a daily change of 9 and a weekly change of - 3 [4]. - 09 - 12 spread on 5/22 was 180, with a daily change of - 5 and no weekly change [4]. - 12 - 03 spread on 5/22 was 51, with a daily change of 10 and a weekly change of 40 [4]. Crack Spreads and Profits - Asphalt Brent crack spread on 5/22 was 37, with a daily change of ટર and a weekly change of - 20 [4]. - Ordinary refinery comprehensive profit on 5/22 was 457, with a daily change of 26 and a weekly change of - 2 [4]. - Ma Rui - type refinery comprehensive profit on 5/22 was 81, with a daily change of 24 and a weekly change of - 3 [4]. - Import profit (South Korea - East China) on 5/22 was - 108, with no daily change and a weekly change of 18 [4]. - Import profit (Singapore - South China) on 5/22 was - 1015, with no daily or weekly change [4]. Related Prices - Brent crude oil price on 5/22 was 64.9, with a daily change of - 0.5 and a weekly change of 0.4 [4]. - Gasoline Shandong market price on 5/22 was 7415, with a daily change of 10 and a weekly change of - 49 [4]. - Diesel Shandong market price on 5/22 was 6431, with a daily change of 12 and a weekly change of 8 [4]. - Residue oil Shandong market price on 5/22 was 3795, with no daily change and a weekly change of - 5 [4].

Report Industry Investment Rating No relevant information provided. Report's Core View PVC and Caustic Soda - In the short term, the supply pressure of caustic soda is limited during the concentrated maintenance period, and the demand from the alumina sector has improved. Supported by fundamental supply - demand and positive macro - drivers, the spot price of caustic soda tends to be strong. However, attention should be paid to the price acceptance of non - aluminum sectors and the valuation of caustic soda. It is recommended to wait and see in the short term [7]. - For PVC, in the short term, the supply - demand contradiction is limited due to concentrated maintenance and limited inventory pressure. There is an expectation of rush - exporting PVC products. But in the medium and long term, there is an obvious over - supply pressure. It is recommended to wait and see, with a short - term rebound and a medium - term short - selling approach [7]. Polyester Industry Chain - For PX, in the short term, the supply is tight and the demand is supported, but the upward pressure on crude oil and the possible production cut of downstream products may put pressure on PX. It is recommended to treat it as a high - level shock, exit the PX09 - 1 positive spread, and pay attention to the reverse spread opportunity [12]. - For PTA, the short - term supply - demand is tight, but there is an expectation of weakening. It is recommended to treat it as a high - level shock, exit the TA09 - 1 positive spread at a high level, and pay attention to the reverse spread opportunity [12]. - For ethylene glycol, it is expected to reduce inventory in May, and it is recommended to take profit on the short - put option EG2509 - P - 4250 seller and conduct a long spread on EG9 - 1 [12]. - For short - fiber, the short - term inventory pressure is not large, but the processing fee is compressed. It is recommended to take the same strategy as PTA for single - side trading and expand the processing fee at a low level [12]. - For bottle - chips, the short - term supply - demand contradiction is not prominent, and the price follows the raw materials. It is recommended to pay attention to the opportunity of expanding the processing fee at the lower edge of the 350 - 550 yuan/ton range [12]. Styrene The short - term rebound of styrene is supported by low inventory and improved demand expectations. However, the high - production and high - inventory problems of 3S products and the poor supply - demand of pure benzene may limit the rebound height. It is recommended to pay attention to the resistance above 7800 - 7900 in the near - month [18]. Methanol The inland valuation of methanol has a downward pressure, the port starts the inventory - accumulation period, and the 09 contract is under pressure. It is recommended to short - sell the MA09 contract at a high level [22]. Crude Oil The overnight oil price continued to decline due to the progress of the US - Iran nuclear agreement negotiation. The short - term market will be mainly in a wide - range shock. It is recommended to wait and see in the short term and capture volatility - amplification opportunities in the option market [26]. PE and PP The spot sentiment of PE and PP has weakened. The supply pressure will gradually decrease in May, but the cost - end rebound compresses the profit. Attention should be paid to the restocking and exporting of plastic products [29]. Urea The core logic of the rise in urea futures is the boost of the clear export policy. The short - term supply - demand is expected to be tight, but the actual increase depends on the policy implementation and export orders. The short - term disk will be in a wide - range consolidation [90]. Summary by Relevant Catalogs PVC and Caustic Soda Spot and Futures - On May 15, the prices of Shandong 32% liquid caustic soda and 50% liquid caustic soda were 2593.8 yuan/ton and 2760.0 yuan/ton respectively. The prices of East China calcium - carbide - based PVC and ethylene - based PVC were 4880.0 yuan/ton and 5100.0 yuan/ton respectively [2]. - The price differences and changes of SH and V series futures contracts were also provided [2]. Overseas Quotes and Export Profits - For caustic soda, the FOB price at East China ports on May 8 was 395.0 dollars/ton, with a decrease of 5.0 dollars/ton compared to May 1 [3]. - For PVC, the CFR prices in Southeast Asia and India remained unchanged from May 1 to May 8. The FOB price of calcium - carbide - based PVC at Tianjin Port decreased by 10.0 dollars/ton [4]. Supply - The caustic soda industry's operating rate on May 9 was 87.5%, and the PVC's total operating rate was 77.9%, both showing an increase [5]. Demand - The operating rates of the alumina, viscose staple fiber, and printing and dyeing industries were provided, with some showing an increase [6]. - The operating rates of PVC downstream products and the pre - sales volume were also provided, with some showing an increase and the pre - sales volume showing a decrease [7]. Inventory - The inventory data of liquid caustic soda and PVC were provided, with some showing an increase and some showing a decrease [7]. Polyester Industry Chain Downstream Polyester Product Prices and Cash Flows - The price and cash - flow data of various polyester products such as POY, FDY, DTY, etc., and their changes from May 14 to May 15 were provided [12]. PX - related Prices and Spreads - The price data of CFR China PX, PX spot, and futures, and the price differences such as PX - crude oil, PX - naphtha, etc., and their changes were provided [12]. PTA - related Prices and Spreads - The price data of PTA spot and futures, and the price - difference data such as PTA basis, PTA processing fee, etc., and their changes were provided [12]. MEG - related Prices and Spreads - The price data of MEG spot and futures, and the price - difference data such as MEG basis, MEG processing fee, etc., and their changes were provided [12]. Industry Chain Operating Rates - The operating rates of the Asian PX, Chinese PX, PTA, MEG, and polyester industries and their changes were provided [12]. Styrene Upstream - The price data of Brent crude oil, CFR Japan naphtha, CFR Northeast Asia ethylene, and other upstream products and their changes from May 14 to May 15 were provided [15]. Spot and Futures - The price data of styrene spot and futures and their changes from May 14 to May 15 were provided [16]. Overseas Quotes and Import Profits - The price data of styrene's overseas quotes and import profits and their changes from May 14 to May 15 were provided [17]. Industry Chain Operating Rates and Profits - The operating rates and profit data of domestic pure benzene, styrene, PS, EPS, ABS, etc., and their changes were provided [18]. Inventory - The inventory data of pure benzene, styrene, PS, EPS, ABS, etc., and their changes were provided [18]. Methanol Price and Spreads - The price data of methanol futures contracts, the price differences between contracts, the basis, and the regional price differences, and their changes from May 14 to May 15 were provided [22]. Inventory - The inventory data of methanol enterprises, ports, and the weekly arrival volume, and their changes were provided [22]. Up - and Down - stream Operating Rates - The operating rates of methanol upstream enterprises, downstream MTO devices, formaldehyde, acetic acid, MTBE, etc., and their changes were provided [22]. Crude Oil Crude Oil Prices and Spreads - The price data of Brent, WTI, SC crude oils, and the price differences such as Brent - WTI, SC - Brent, etc., and their changes on May 16 compared to May 15 were provided [26]. Refined Oil Prices and Spreads - The price data of NYM RBOB, NYM ULSD, ICE Gasoil, and the price differences between contracts, and their changes were provided [26]. Refined Oil Crack Spreads - The crack - spread data of various refined oils in different regions and their changes were provided [26]. PE and PP Price and Spreads - The price data of PE and PP futures contracts, the price differences between contracts, the basis, and the prices of various PE and PP products, and their changes from May 14 to May 15 were provided [29]. Up - and Down - stream Operating Rates - The operating rates of PE and PP devices, downstream weighted operating rates, and their changes were provided [29]. Inventory - The inventory data of PE and PP enterprises, social inventories, and their changes were provided [29]. Urea Futures - The price data of urea futures contracts, the price differences between contracts, the main - contract positions, and their changes from May 14 to May 15 were provided [82][83][84]. Upstream Raw Materials - The price data of upstream raw materials such as anthracite, steam coal, synthetic ammonia, etc., and their changes from May 14 to May 15 were provided [85]. Spot Market - The spot - market price data of urea in different regions, the cross - regional price differences, the basis, and their changes from May 14 to May 15 were provided [86][87]. Downstream Products - The price data of downstream products such as melamine, compound fertilizer, etc., and their changes from May 14 to May 15 were provided [88]. Fertilizer Market - The price data of various fertilizers such as ammonium sulfate, sulfur, potassium chloride, etc., and their changes from May 14 to May 15 were provided [89]. Supply and Demand - The daily and weekly production, inventory, and order - day data of urea, and their changes were provided [90].