Group 1: Soybean Market Analysis - CBOT soybean futures declined due to a lack of new sales to China, with January futures closing at $11.28 per bushel after reaching a high of $11.42-1/4 earlier in the day [1] - The Dalian soybean meal futures market rebounded, with the main contract closing at 3045 yuan per ton, up 6 yuan, indicating a strong trading sentiment despite reduced volume [1] - Domestic soybean meal prices showed a slight increase, with a local rise of 10 yuan per ton, while U.S. soybean export inspections to China were reported at 0 tons for the week [1] Group 2: Corn Market Analysis - Dalian corn futures saw a slight increase, with the main contract closing at 2243 yuan per ton, reflecting a cautious market sentiment amid reduced trading volume [2] - CBOT corn futures fell due to technical selling and weakness in the soybean market, with March futures closing at $4.45 per bushel after failing to break through a key resistance level [3] - Domestic corn prices experienced fluctuations, with Northeast prices remaining strong as various entities increased procurement, leading to a bullish sentiment among farmers [4][5]

Group 1 - Domestic futures main contracts showed mixed performance, with synthetic rubber rising over 4%, and silver, pulp, coke, and European shipping rising over 2% [2] - In contrast, polysilicon, asphalt, palladium, platinum, and industrial silicon fell over 2% [2] Group 2 - The natural rubber market saw an increase, with Shanghai's SCRWF 2024 intended transaction price at 14,850-15,000 CNY/ton, up 150 CNY/ton from the previous trading day [2] - Vietnam's 3L mixed rubber intended transaction price was 15,200-15,300 CNY/ton, an increase of 75 CNY/ton from the previous trading day [2] - The futures market rebounded, and the spot market prices followed the futures upward trend, with downstream product demand being moderate [2]

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoint - Due to continuous production cuts in the southwest region during the dry season on both the supply and demand sides, and a significant decline in inventory due to the centralized cancellation of warehouse receipts, with limited actual consumption, the market may fluctuate in the short term [3]. 3. Summary by Relevant Catalog Futures Market - SI2512 closed at 9155 with a 0.38% increase and a position of 1674 [2]. - SI2601 closed at 9145 with a 0.16% decrease and a position of 203274 [2]. - SI2602 closed at 9140 with no change and a position of 52565 [2]. - SI2603 closed at 9145 with a 0.16% decrease and a position of 26444 [2]. - SI2604 closed at 9135 with a 0.11% decrease and a position of 12994 [2]. Spot Market - In the East region, 553 (non - oxygen - passing) was priced at 9350 with no change, 553 (hydrogen - passing) at 9550 with no change, 421 at 9800 with no change, 441 at 9750, and 3303 at 10450 [2]. - At Huangpu Port, 553 (hydrogen - passing) was priced at 9600 with no change, and 421 at 10050 [2]. - At Tianjin Port, 553 (flux - passing) was priced at 9400, and 421 at 9800 with no change [2]. - In Kunming, 553 (hydrogen - passing) was priced at 9600, and 421 at 10000 with no change [2]. - Sichuan DMC price for 421 was 9800, 107 - glue was 13850, polycrystalline silicon (dense material, per kg) was 51 with no change, and the average price of aluminum alloy ADC12 was 21500 with a 150 increase [2]. Price Difference - The price difference between si2512 and si2601 was 10 - 45 [2]. - The price difference between si2601 and si2602 was 5 - 15 [2]. - The price difference between 421 spot and 553 oxygen - passing spot was 250 [2]. - The basis (East 553 spot - main contract) was 405 with a 15 decrease [2]. Warehouse Information - The total capacity of all warehouses was 7.5 tons, and the total number of warehouse receipts remained unchanged at 3680 [2]. Industry Dynamics - On November 14, the online approval and supervision platform for investment projects in Jiangxi Province announced the filing information for an annual production of 137,500 tons of organic silicon new material project by Jiangxi Xinfang High - Tech Yongxiu [2].

Report Summary 1. Industry Investment Rating No industry investment rating is provided in the report. 2. Core Viewpoint The report provides a comprehensive analysis and forecast of the futures market on December 2, 2025, based on the previous day's market performance and technical analysis. It predicts the likely trends, resistance, and support levels for various futures contracts, including stock index futures, bond futures, precious metal futures, base metal futures, and commodity futures [1][2][3]. 3. Summary by Category Stock Index Futures - On December 1, IF2512, IH2512, IC2512, and IM2512 all showed a trend of rising after opening, and are expected to oscillate and consolidate on December 2. The resistance and support levels are as follows: IF2512 (resistance: 4575 and 4600 points, support: 4535 and 4511 points); IH2512 (resistance: 2990 and 3000 points, support: 2976 and 2963 points); IC2512 (resistance: 7054 and 7112 points, support: 6974 and 6925 points); IM2512 (resistance: 7322 and 7365 points, support: 7260 and 7211 points) [14][15][19]. Bond Futures - Ten - year Treasury bond futures (T2603) are expected to have a wide - range oscillation on December 2, with resistance at 108.10 and 108.20 yuan and support at 107.92 and 107.85 yuan. Thirty - year Treasury bond futures (TL2603) are also expected to have a wide - range oscillation on December 2, with resistance at 114.6 and 114.8 yuan and support at 114.2 and 114.0 yuan [38][41]. Precious Metal Futures - Gold futures (AU2602) are expected to oscillate and consolidate on December 2, with resistance at 970.6 and 984.0 yuan/gram and support at 960.0 and 956.1 yuan/gram. Silver futures (AG2602) are expected to be strong and may reach new highs on December 2, with resistance at 13800 and 14000 yuan/kg and support at 13278 and 13259 yuan/kg. Platinum futures (PT2606) and palladium futures (PD2606) are expected to have a weak wide - range oscillation on December 2 [42][51][56]. Base Metal Futures - Copper futures (CU2601) are expected to be strong and may reach new highs on December 2, with resistance at 90000 and 91000 yuan/ton and support at 89000 and 88500 yuan/ton. Aluminum futures (AL2601) are expected to be strong on December 2, with resistance at 22000 and 22160 yuan/ton and support at 21800 and 21730 yuan/ton. Alumina futures (AO2601) are expected to be strong on December 2, with resistance at 2700 and 2710 yuan/ton and support at 2677 and 2668 yuan/ton. Tin futures (SN2601) are expected to have a wide - range oscillation and accumulate strength to attack resistance on December 2, with resistance at 308900 and 313700 yuan/ton and support at 304100 and 302200 yuan/ton [61][67][75]. Commodity Futures - Polysilicon futures (PS2601) are expected to have a weak wide - range oscillation on December 2, with resistance at 58500 and 59200 yuan/ton and support at 56400 and 55500 yuan/ton. Lithium carbonate futures (LC2605) are expected to have a wide - range oscillation on December 2, with resistance at 98900 and 101200 yuan/ton and support at 95000 and 93500 yuan/ton. Rebar futures (RB2601) are expected to oscillate and consolidate on December 2, with resistance at 3143 and 3165 yuan/ton and support at 3117 and 3105 yuan/ton. Hot - rolled coil futures (HC2601) are expected to oscillate and consolidate on December 2, with resistance at 3340 and 3353 yuan/ton and support at 3315 and 3306 yuan/ton. Iron ore futures (I2601) are expected to have a wide - range oscillation on December 2, with resistance at 805 and 811 yuan/ton and support at 795 and 790 yuan/ton. Coking coal futures (JM2601) are expected to have a wide - range oscillation on December 2, with resistance at 1106 and 1124 yuan/ton and support at 1084 and 1066 yuan/ton. Glass futures (FG601) are expected to oscillate and consolidate on December 2, with resistance at 1058 and 1070 yuan/ton and support at 1031 and 1016 yuan/ton. Soda ash futures (SA601) are expected to have a wide - range oscillation on December 2, with resistance at 1195 and 1208 yuan/ton and support at 1175 and 1155 yuan/ton. PTA futures (TA601) are expected to oscillate and consolidate on December 2, with resistance at 4778 and 4826 yuan/ton and support at 4720 and 4700 yuan/ton. PVC futures (V2601) are expected to oscillate and consolidate on December 2, with resistance at 4569 and 4593 yuan/ton and support at 4535 and 4526 yuan/ton. Methanol futures (MA601) are expected to be strong on December 2, with resistance at 2168 and 2188 yuan/ton and support at 2134 and 2125 yuan/ton. Natural rubber futures (RU2601) are expected to be strong on December 2, with resistance at 15440 and 15550 yuan/ton and support at 15190 and 15090 yuan/ton [79][84][87].

Group 1: Report Industry Investment Ratings - Not provided in the content Group 2: Core Views of the Report - Gold: Expectations of interest rate cuts have rebounded [2][5] - Silver: Accelerating the upward trend and reaching a new high [2][5] - Copper: Tight supply expectations lead to price increases [2][10] - Zinc: Supply cuts result in a volatile and bullish trend [2][13] - Lead: Reduced inventory supports prices [2][16] - Tin: Supply is disrupted again [2][20] - Aluminum: Strong performance [2][24] - Alumina: Consolidating at the bottom [2][24] - Cast aluminum alloy: Following the trend of electrolytic aluminum [2][24] - Platinum: Volatile upward trend [2][27] - Palladium: Sideways consolidation [2][28] - Nickel: Fundamental factors limit the upside potential, with low - level volatility [2][31] - Stainless steel: High inventory, weak supply and demand, and cost limits the downside [2][31] - Lithium carbonate: Ore prices are rising steadily, with range - bound fluctuations [2][36] - Industrial silicon: Volatile and bearish [2][39] - Polysilicon: The exchange restricts new positions, sentiment cools, and the market may face a significant decline [2][39] - Iron ore: Limited downstream demand and over - valued [2][42] - Rebar: Strong commodity sentiment leads to a bullish and volatile trend [2][46] - Hot - rolled coil: Strong commodity sentiment leads to a bullish and volatile trend [2][47] - Ferrosilicon: Sector sentiment drives a volatile and bullish trend [2][51] - Silicomanganese: Sector sentiment drives a volatile and bullish trend [2][51] - Coke: Wide - range volatility [2][55] - Coking coal: Wide - range volatility [2][56] - Logs: Low - level volatility [2][58] Group 3: Summaries by Related Catalogs Gold and Silver - Gold: The closing price of SHFE gold 2512 was 959.64, up 1.05%; the night - session closing price was 964.72, up 0.66%. The trend strength is 1. Expectations of interest rate cuts have rebounded [5] - Silver: The closing price of SHFE silver 2512 was 13282, up 4.46%; the night - session closing price was 13766.00, up 5.08%. The trend strength is 1. It is accelerating the upward trend and reaching a new high [5] Copper - The closing price of SHFE copper main contract was 89,280, up 2.12%; the night - session closing price was 89380, up 0.11%. The trend strength is 1. The global copper market is expected to face a supply shortage of 150,000 tons in 2026 [10][12] Zinc - The closing price of SHFE zinc main contract was 22590, up 0.74%. The trend strength is 1. Supply cuts lead to a volatile and bullish trend [13] Lead - The closing price of SHFE lead main contract was 17075, down 0.09%. The trend strength is 0. Reduced inventory supports prices [16] Tin - The closing price of SHFE tin main contract was 306,580, up 0.50%; the night - session closing price was 306,890, down 0.27%. The trend strength is 0. Supply is disrupted again [20] Aluminum, Alumina, and Cast Aluminum Alloy - Aluminum: The closing price of SHFE aluminum main contract was 21865. The trend strength is 1. Strong performance [24] - Alumina: The closing price of SHFE alumina main contract was 2677. The trend strength is 0. Consolidating at the bottom [24] - Cast aluminum alloy: The closing price of the main contract was 21055. The trend strength is 1. Following the trend of electrolytic aluminum [24] Platinum and Palladium - Platinum: The trend strength is 1. Volatile upward trend [27][29] - Palladium: The trend strength is 0. Sideways consolidation [28][29] Nickel and Stainless Steel - Nickel: The closing price of SHFE nickel main contract was 117,850. The trend strength is 0. Fundamental factors limit the upside potential, with low - level volatility [31] - Stainless steel: The closing price of the main contract was 12,445. The trend strength is 0. High inventory, weak supply and demand, and cost limits the downside [31] Lithium Carbonate - The closing price of the 2601 contract was 95,120. The trend strength is 0. Ore prices are rising steadily, with range - bound fluctuations [36] Industrial Silicon and Polysilicon - Industrial silicon: The closing price of Si2601 was 9,145. The trend strength is - 1. Volatile and bearish [39] - Polysilicon: The closing price of PS2601 was 57,705. The trend strength is - 2. The exchange restricts new positions, sentiment cools, and the market may face a significant decline [39] Iron Ore - The closing price of the 12601 contract was 801.0, up 0.88%. The trend strength is 0. Limited downstream demand and over - valued [43] Rebar and Hot - Rolled Coil - Rebar: The closing price of RB2601 was 3,134, up 1.16%. The trend strength is 0. Strong commodity sentiment leads to a bullish and volatile trend [47] - Hot - rolled coil: The closing price of HC2601 was 3,327, up 1.03%. The trend strength is 0. Strong commodity sentiment leads to a bullish and volatile trend [47] Ferrosilicon and Silicomanganese - Ferrosilicon: The closing price of the 2603 contract was 5466. The trend strength is 0. Sector sentiment drives a volatile and bullish trend [51] - Silicomanganese: The closing price of the 2601 contract was 5724. The trend strength is 0. Sector sentiment drives a volatile and bullish trend [51] Coke and Coking Coal - Coke: The closing price of J2601 was 1619.5, up 2.9%. The trend strength is 0. Wide - range volatility [56] - Coking coal: The closing price of JM2601 was 1093, up 2.4%. The trend strength is 0. Wide - range volatility [56] Logs - Logs: Low - level volatility [58]

化工日报 | 2025-12-02 成本端反弹，PTA价格上涨 市场要闻与数据 无 市场分析 成本端，Brent油价维持60~65美元/桶运行，欧佩克+同意明年全集团保持产量稳定，八个主要产油国重申明年Q1 暂停增产，部分缓解油价压力，油价有所反弹。整体基本面对油价的驱动偏空。但制裁导致的市场分化依然存在， 需要考虑地缘与宏观事件对情绪面的扰动。 PX方面，上上个交易日PXN264美元/吨(环比变动+4.00美元/吨）。依靠目前宽松的MX供应环境，即使部分工厂重 整开工波动，PX负荷依旧能得到有效维持在高位，海外PX中高位持稳。聚酯开工支撑下PXN有支撑，但PX负荷高 位以及个别装置扩能下PXN反弹空间也受限，关注调油情况。 TA方面，TA主力合约现货基差 -33元/吨 元/吨(环比变动+5元/吨），PTA现货加工费175元/吨（环比变动+5元/吨）， 主力合约盘面加工费263元/吨（环比变动+10元/吨），近期PTA检修集中，且印度BIS取消提振PTA出口需求，聚酯 负荷支撑下，PTA供需好转，基差反弹。中长期集中投放周期结束，PTA加工费预计将逐步改善。 需求方面，聚酯开工率91.5%（环比+0.2%）， ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints - For industrial silicon, the recent supply - demand pattern may improve, and the current valuation is low. If there are relevant policies, the disk may have room to rise. For short - term trading, it is recommended to operate within a range, and go long on dry - season contracts when the price is low [3]. - For polysilicon, the supply and demand on both ends are weakening, with large inventory pressure and general consumer - end performance. The fundamentals are weak. The disk is affected by anti - involution policies and weak reality, and with stricter supervision, the disk is expected to gradually fall back to the fundamentals. Short - term trading should be cautiously bearish, and the main contract is expected to fluctuate in the range of 50,000 - 57,000 yuan/ton [7]. Summary by Related Catalogs Industrial Silicon Market Analysis - On December 1, 2025, the industrial silicon futures price fluctuated. The main contract 2601 opened at 9,120 yuan/ton and closed at 9,145 yuan/ton, a change of - 15 yuan/ton (- 0.16%) from the previous settlement. The position of the 2511 main contract was 203,274 lots at the close, and the total number of warehouse receipts on December 1 was 6,596 lots, unchanged from the previous day [1]. - The spot price of industrial silicon remained stable. The price of East China oxygen - passing 553 silicon was 9,500 - 9,600 yuan/ton, 421 silicon was 9,700 - 9,900 yuan/ton, Xinjiang oxygen - passing 553 silicon was 8,800 - 9,000 yuan/ton, and 99 silicon was 8,800 - 9,000 yuan/ton. In November 2025, the domestic industrial silicon output was 401,700 tons, a month - on - month decrease of 11.2% and a year - on - year decrease of 0.7%. From January to November 2025, the cumulative output of industrial silicon was 3.8716 million tons, a year - on - year decrease of 15.2% [1]. Consumption End - The quoted price of organic silicon DMC was 13,100 - 13,300 yuan/ton. In November, the domestic organic silicon DMC output increased by 3.82% month - on - month and decreased by 1.33% year - on - year. In December, due to the joint emission - reduction plan in November, the industry's overall operating rate is expected to decline month - on - month, and the domestic organic silicon DMC output is expected to decrease by about 3.08% month - on - month compared with November [2]. Strategy - The spot price is stable, and the recent supply - demand pattern may improve. After the old warehouse receipts were cancelled in November, the number of new warehouse receipts registered decreased significantly. The industrial silicon disk is mainly affected by the overall commodity sentiment and policy news. If there are policies to promote, the disk may have room to rise. Short - term trading should operate within a range, and go long on dry - season contracts when the price is low [3]. Polysilicon Market Analysis - On December 1, 2025, the main contract of polysilicon futures 2601 rose, opening at 57,000 yuan/ton and closing at 57,705 yuan/ton, a 3.26% change from the previous trading day. The position of the main contract was 142,133 lots (144,759 lots the previous day), and the trading volume was 338,696 lots [4]. - The spot price of polysilicon remained stable. The price of N - type material was 49.70 - 55.00 yuan/kg, and n - type granular silicon was 50.00 - 51.00 yuan/kg. The inventory of polysilicon manufacturers and silicon wafers increased. The latest polysilicon inventory was 28.10, a 3.69% month - on - month change, and the silicon wafer inventory was 19.50GW, a 4.17% month - on - month change. The weekly polysilicon output was 24,000 tons, a - 11.40% month - on - month change, and the silicon wafer output was 12.02GW, a - 5.95% month - on - month change [4][5]. - In October, the polysilicon output was expected to be about 133,500 tons, an increase from September, exceeding market expectations. In November, the output in the southwest region was expected to decline significantly [5]. - The prices of battery cells and silicon wafers remained stable. In November, the output of component enterprises decreased by 2.43% month - on - month compared with October. It is expected that the output in December will continue to decline significantly, and the terminal demand will return to the off - season, with the expected month - on - month decline in the operating rate compared with October being 14.77% [5][6]. - From December 3, 2025, the speculative trading margin standard for the polysilicon futures PS2601 contract will be adjusted to 13%, and the hedging trading margin standard will be adjusted to 12%. From December 3, 2025, the single - day opening volume of non - futures company members or customers in the polysilicon futures PS2601 contract shall not exceed 500 lots [6]. Strategy - The supply and demand of polysilicon have both weakened, with large inventory pressure and general consumer - end performance. The fundamentals are weak. After the old warehouse receipts were cancelled in November and few new ones were registered, there was more delivery game in the near - month contracts. The disk is affected by anti - involution policies and weak reality, and the policy is still being promoted, with large disk fluctuations. Short - term trading should be cautiously bearish, and the main contract is expected to fluctuate in the range of 50,000 - 57,000 yuan/ton [7].

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Due to high inventory and oversupply, nickel prices are expected to remain in a low - level oscillation. For nickel trading, the recommended strategy is mainly range - based operations [1][3]. - Given low demand and high inventory, stainless steel is also expected to maintain a low - level oscillation. The recommended strategy for stainless steel trading is neutral [3][4]. Summary by Related Catalogs Nickel Variety Market Analysis - **Futures**: On December 1, 2025, the main nickel contract 2601 opened at 117,080 yuan/ton and closed at 117,850 yuan/ton, a 0.59% change from the previous trading day. The trading volume was 145,829 (+59,900) lots, and the open interest was 122,891 (-4,444) lots. It showed an oscillating upward trend, staying in the 116,000 - 118,000 yuan/ton range. The 20 - day moving average was downward, indicating a bearish medium - term trend. The significant increase in trading volume showed increased divergence between bulls and bears without a clear breakthrough. The enhanced market expectation of the Fed's policy shift and the weakening US dollar index provided support for nickel prices [1]. - **Nickel Ore**: The nickel ore market was dominated by a wait - and - see sentiment, with prices remaining stable. An Indonesian mine won the bid for 1.4% nickel ore in the Philippines at 50.5 dollars/ton, unchanged from the previous period. Philippine mines mainly fulfilled previous orders, with good shipping efficiency. Weak nickel - iron prices and受挫 iron - mill profits led to cautious nickel - ore procurement, and some iron mills considered production cuts. In Indonesia, the December (first phase) domestic trade benchmark price dropped by 0.52 - 0.91 dollars/wet ton, and the domestic trade premium was mainly at +26, with a range of +25 - 26. Overall, domestic trade nickel - ore prices decreased, and the premium also had downward potential [1]. - **Spot**: Jinchuan Group's Shanghai market sales price was 122,400 yuan/ton, up 800 yuan/ton from the previous day. The trading of refined nickel was okay, and the spot premiums of various refined - nickel brands were stable with a slight decline. Jinchuan nickel's premium changed by 50 yuan/ton to 4,800 yuan/ton, imported nickel's premium remained unchanged at 400 yuan/ton, and nickel - bean premium was 2,450 yuan/ton. The previous trading day's Shanghai nickel warehouse receipts were 32,722 (-587) tons, and LME nickel inventory was 254,760 (-690) tons [2]. Strategy - The recommended strategy is mainly range - based operations for single - side trading, and no operations are recommended for inter - period, cross - variety, spot - futures, and options trading [3]. Stainless Steel Variety Market Analysis - **Futures**: On December 1, 2025, the main stainless - steel contract 2601 opened at 12,375 yuan/ton and closed at 12,445 yuan/ton. The trading volume was 163,599 (+40,379) lots, and the open interest was 108,469 (-4,171) lots. It rebounded slightly driven by nickel prices but failed to break through the recent oscillation range. The significant increase in trading volume showed intensified multi - empty game without a clear trend breakthrough, and the decrease in open interest indicated that some funds took profits, with strong market wait - and - see sentiment [3]. - **Spot**: Low prices attracted some downstream rigid - demand purchases, which were mainly for replenishment. The stainless - steel prices in Wuxi and Foshan markets were both 12,650 (+0) yuan/ton, and the 304/2B premium was 350 - 550 yuan/ton. The ex - factory tax - included average price of high - nickel pig iron decreased by 1.00 yuan/nickel point to 881.5 yuan/nickel point [3][4]. Strategy - The recommended strategy for single - side trading is neutral, and no operations are recommended for inter - period, cross - variety, spot - futures, and options trading [4].

氯碱日报 | 2025-12-02 烧碱下游下调接货价 市场要闻与重要数据 PVC: 期货价格及基差：PVC主力收盘价4553元/吨（+4）；华东基差-63元/吨（-4）;华南基差-53元/吨（-24）。 现货价格：华东电石法报价4490元/吨（+0）；华南电石法报价4500元/吨（-20）。 上游生产利润：兰炭价格800元/吨（+0）；电石价格2880元/吨（+50）；电石利润-50元/吨（+50）；PVC电石法生产 毛利-881元/吨（-33）；PVC乙烯法生产毛利-465元/吨（+51）；PVC出口利润-9.2美元/吨（-4.3）。 PVC库存与开工：PVC厂内库存32.3万吨（+0.7）；PVC社会库存52.8万吨（+0.1）；PVC电石法开工率82.21%（+2.06%）； PVC乙烯法开工率71.12%（-0.19%）；PVC开工率78.85%（+1.37%）。 下游订单情况：生产企业预售量67.0万吨（-0.7）。 烧碱： 期货价格及基差：SH主力收盘价2212元/吨（-12）；山东32%液碱基差69元/吨（-51）。 现货价格：山东32%液碱报价730元/吨（-20）；山东50%液碱报价120 ...

丙烯日报 | 2025-12-02 成本端支撑增强，盘面偏强震荡 市场要闻与重要数据 丙烯方面：丙烯主力合约收盘价5965元/吨（+25），丙烯华东现货价6000元/吨（+0），丙烯华北现货价6020元/吨（-5）， 丙烯华东基差35元/吨（-25），丙烯华北基差37元/吨（+9）。丙烯开工率74%（+1%），中国丙烯CFR-日本石脑油CFR174 美元/吨（-6），丙烯CFR-1.2丙烷CFR50美元/吨（-8），进口利润-304元/吨（+11），厂内库存48970吨（+3930）。 丙烯下游方面：PP粉开工率42%（-4.20%），生产利润-280元/吨（+5）；环氧丙烷开工率75%（+0%），生产利润136 元/吨（+91）；正丁醇开工率82%（+1%），生产利润-248元/吨（+0）；辛醇开工率81%（+4%），生产利润240元/吨 （+50）；丙烯酸开工率77%（+4%），生产利润440元/吨（-4）；丙烯腈开工率81%（+1%），生产利润-480元/吨（-55）； 酚酮开工率81%（+2%），生产利润-602元/吨（-162）。 市场分析 供应端，镇海炼化裂解装置重启，中化泉州、上海石化装置检修， ...