2025 年 6 月 17 日 商 品 研 究 沥青：跟随原油高位震荡 王涵西 投资咨询从业资格号：Z0019174 wanghanxi023726@gtjas.com 【基本面跟踪】 表 1：沥青基本面数据 | | 项 目 | 单 位 | 昨日收盘价 | 日涨跌 | 昨夜夜盘收盘价 | 夜盘涨跌 | | --- | --- | --- | --- | --- | --- | --- | | | BU2507 | 元/吨 | 3,659 | 2.95% | 3,657 | -0.05% | | | BU2508 | 元/吨 | 3,649 | 2.99% | 3,639 | -0.27% | | | | | 昨日成交 | 成交变动 | 昨日持仓 | 持仓变动 | | 期 货 | BU2507 | 手 | 93,031 | 40,364 | 53,840 | (6,572) | | | BU2508 | 手 | 27,945 | 15,303 | 27,352 | (1,705) | | | | | 昨日仓单 | 仓单变化 | | | | | 沥青全市场 | 手 | 94510 | 0 | | | | | | ...

行业 沥青日报 日期 2024 年 5 月 14 日 021-60635738 lijie@ccb.ccbfutures.com 期货从业资格号：F3031215 021-60635737 renjunchi@ccb.ccbfutures.com 期货从业资格号：F3037892 028-8663 0631 penghaozhou@ccb.ccbfutures.com 期货从业资格号：F3065843 021-60635740 pengjinglin@ccb.ccbfutures.com 期货从业资格号：F3075681 021-60635570 liuyouran@ccb.ccbfutures.com 期货从业资格号：F03094925 研究员：李金（甲醇） 021-60635730 lijin@ccb.ccbfutures.com 期货从业资格号：F3015157 021-60635727 fengzeren@ccb.ccbfutures.com 期货从业资格号：F03134307 能源化工研究团队 研究员：李捷,CFA（原油沥青） 研究员：任俊弛（PTA、MEG） 研究员：彭浩洲（碳市场工业硅） 研究员 ...

Report Summary 1. Report Information - Report Name: Asphalt Daily Report [1] - Date: April 18, 2024 [2] 2. Investment Rating - No investment rating provided in the report. 3. Core View - The fundamentals of asphalt continue to show a situation of weak supply and demand. With oil prices bottoming out, asphalt is expected to fluctuate. [7] 4. Summary by Directory 4.1 Market Review and Operation Suggestions - **Futures Market**: BU2506 opened at 3308 yuan/ton, closed at 3343 yuan/ton, with a maximum of 3370 yuan/ton, a minimum of 3301 yuan/ton, a rise of 1.55%, and a trading volume of 25.77 million lots. BU2507 opened at 3322 yuan/ton, closed at 3338 yuan/ton, with a maximum of 3364 yuan/ton, a minimum of 3297 yuan/ton, a rise of 1.61%, and a trading volume of 3.60 million lots. [6] - **Spot Market**: As of the noon of the day, asphalt spot prices in North China and Shandong increased slightly, those in South China decreased slightly, and prices in other regions remained generally stable. The rise in crude oil and asphalt futures boosted the sentiment of the asphalt spot market. [6] - **Supply**: Refineries in Southwest and Northwest China plan to produce asphalt stably in the short term. Some refineries in Shandong and Henan may resume asphalt production, and the average operating load rate of asphalt plants is expected to continue to rise. [7] - **Demand**: Rainfall in South China and cold air in the central and eastern regions will affect road construction projects, weakening the rigid demand. The international oil price fluctuates greatly, and the speculative demand for asphalt is released cautiously. [7] 4.2 Industry News - **Shandong Market**: The mainstream intended price of 70 A-grade asphalt is 3350 - 3500 yuan/ton, up 5 yuan/ton from the previous workday. The rise in international oil prices and asphalt futures boosted the market sentiment, and the rigid demand improved steadily, driving up the market price. [8] - **East China Market**: The mainstream transaction price of 70 A-grade asphalt is 3500 - 3570 yuan/ton, remaining stable from the previous workday. Although the shipment in Shandong has improved, the supply in East China is still abundant, and the price is difficult to rise. [8] 4.3 Data Overview - The report provides data on 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. [10][16][20]