| 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 00386 | 中国石油化工股 | 4.590 | 3.38% | | 00857 | 中国石油股份 | 9.070 2.60% | | | 00883 | 甲国海洋石温 | 22.320 2.39% | | 华泰证券发布石油化工2026年度展望：原油供需面阶段性承压，大宗周期品迎复苏拐点，新材料和新技 术亮点纷呈。2026年内需改善叠加出口支撑，且"反内卷"等助力供给优化，新一轮复苏有望到来，具备 全球竞争优势的优质化工资产或将迎来价值重估。 港股三桶油持续表现活跃，其中，中国石油化工涨3.38%领衔，且创今年8月以来新高，中国石油股份 涨2.6%，中国海洋石油涨2.36%。 消息上，近期港股市场上的"三桶油"（中海油、中石油、中石化）受到地缘政治、OPEC+政策以及国 内基本面的多重利好推动，股价表现强势。OPEC+本月初决定暂停2026年第一季度的原油增产计划， 以支撑油价。 ...

石油沥青日报 | 2025-11-19 寒潮影响需求，市场氛围平淡 市场分析 1、11月18日沥青期货下午盘收盘行情：主力BU2601合约下午收盘价3032元/吨，较昨日结算价下降11元/吨，跌幅 0.36%；持仓191962手，环比下跌2515手，成交157143手，环比上涨1104手。 2、卓创资讯重交沥青现货结算价：东北，3156—3700元/吨；山东，3020—3520元/吨；华南，3100—3210元/吨； 华东，3200—3400元/吨。 沥青盘面维持低位震荡态势，原油成本端表现偏弱，自身基本面缺乏利好刺激，虽有一定底部信号但反弹动力不 足。现货方面，昨日西北以及东北地区沥青现货价格相对稳定，其余地区沥青现货价格均出现不同幅度下跌。随 着国内寒潮来临，沥青刚性需求整体表现欠佳，市场交投氛围平淡，多数区域主营炼厂下调沥青结算价格。目前 来看，沥青市场驱动依然偏弱。 策略 单边：中性，等待市场底部夯实 跨期：无 跨品种：无 期现：无 期权：无 风险 原油价格大幅波动、宏观风险、海外原料供应风险、沥青终端需求变动、装置开工负荷变动等 2025年期货市场研究报告 第1页 请仔细阅读本报告最后一页的免责声明 ...

Group 1 - In the first half of 2025, Anhui Province's industrial enterprises produced a total of 409,000 tons of kerosene, marking a 40.8% increase compared to the same period in 2024, which is 40.8 percentage points higher than the growth rate in 2024 and 41.3 percentage points higher than the national average [1] - In June 2025, the kerosene production in Anhui Province reached 75,000 tons, representing a 36.5% increase year-on-year, with the growth rate being 30.7 percentage points higher than in June 2024 and 25.2 percentage points higher than the national average [2] - The kerosene production in Anhui accounted for 1.5% of the national total production of 5,094,000 tons in June 2025 [2] Group 2 - The data pertains to large-scale industrial enterprises, defined as those with an annual main business income of 20 million yuan or more [6]

Core Viewpoint - Huatai Securities forecasts that the oil and chemical industry will face short-term pressure on supply and demand, but a recovery point for bulk commodities is expected, with new materials and technologies emerging as highlights [1] Oil Market Outlook - Since Q4 2025, OPEC+ production increases may lead to a relaxed supply situation, but medium to long-term oil prices are expected to have bottom support [1] - Leading companies are focusing on cost reduction and volume increase strategies [1] Chemical Industry Insights - Capital expenditure growth in the chemical raw materials and products sector has shown signs of a turning point since H2 2025 [1] - Improvement in domestic demand combined with export support is anticipated in 2026, with supply optimization aided by trends like "anti-involution" [1] - High-quality chemical assets with global competitive advantages may see a revaluation [1] Specialty Chemicals and Fine Chemicals - Improvement in downstream demand and recovery of profit margins are occurring simultaneously, driven by exports and international expansion [1] Emerging Technologies and Materials - Under the guidance of policies and industry trends, innovation in new materials related to AI, new energy, and robotics is expected to accelerate [1] - Emerging technologies such as biomanufacturing are likely to develop more rapidly [1]

中国石油化工股份(00386)发布公告，于2025年11月18日，该公司斥资2453.55万港元回购553.2万股H股 股份，每股回购价4.42-4.48港元；斥资1090.47万元人民币回购188.61万股A股股份，每股回购价5.76- 5.81元人民币。 ...

Group 1: Report Information - Report Name: MEG Daily Report [1] - Date: November 18, 2025 [2] - Research Team: Energy and Chemical Research Team [4] Group 2: Market Review and Operation Suggestions - Futures Market Quotes: EG2601 closed at 3938 yuan/ton, up 14 yuan, with a position of 333,212 lots, down 5,448 lots; EG2605 closed at 4023 yuan/ton, up 9 yuan, with a position of 43,117 lots, down 785 lots [7] - Market Situation: On the 17th, the main contract of ethylene glycol futures opened at 3920, reached a high of 3961, a low of 3912, settled at 3932, and closed at 3938, up 14 yuan from the previous trading day's settlement price. The total volume was 181,817 lots, and the position was 333,212 lots [7] - Operation Suggestion: Recently, the supply reduction caused by the shutdown and load reduction of multiple ethylene glycol plants has offset the pressure brought by the accumulation of inventory at ports, and the price of crude oil at the cost end has shown a strong trend. It is expected that ethylene glycol may maintain a strong shock in the short term [7] Group 3: Industry News - International Oil Price: Due to concerns about supply caused by a Ukrainian drone attack on an oil depot in an energy center of a European country, international oil prices continued to rise. WTI exceeded $60 per barrel again. On Friday (November 14), the settlement price of WTI crude oil futures for December 2025 on the New York Mercantile Exchange was $60.09 per barrel, up $1.40 or 2.39% from the previous trading day, with a trading range of $58.71 - $60.65; the settlement price of Brent crude oil futures for January 2026 on the London Intercontinental Exchange was $64.39 per barrel, up $1.38 or 2.19% from the previous trading day, with a trading range of $63.36 - $64.87 [8] - Ethylene Glycol Spot Price: In the Zhangjiagang ethylene glycol market, the spot negotiation this week was 3974 - 3975 yuan/ton, down 5.5 yuan/ton from the previous working day; the negotiation for November was 3974 - 3975 yuan/ton, and for December was 3974 - 3976 yuan/ton. The spot basis was at a premium of 36 - 37 yuan/ton compared to EG2601, the basis for November was at a premium of 36 - 37 yuan/ton, and for December was at a premium of 36 - 38 yuan/ton. The ethylene glycol futures showed a strong shock, the spot price in Zhangjiagang decreased slightly, and the basis negotiation continued to weaken. The mainstream transaction price in the Zhangjiagang market was 3960 - 3990 yuan/ton, down 5 yuan/ton from the previous trading day; the negotiation range in the Fujian market was 4030 - 4050 yuan/ton, down 10 yuan/ton from the previous trading day [8] Group 4: Data Overview - Data Charts: Include charts such as PTA - MEG price difference, MEG price, MEG futures price, spot - futures price difference, international crude oil futures main contract closing price, raw material price index (ethylene), MEG downstream product price, and MEG downstream product inventory [10][15][16] - Data Source: Wind, Research and Development Department of CCB Futures [11][12][13]

Core Viewpoint - Hengli Petrochemical announced significant shareholding and pledge details of its major shareholders, indicating a strong control over the company while also highlighting the financial commitments through share pledges [1] Group 1: Shareholding Structure - The controlling shareholder, Hengli Group, and its concerted parties hold approximately 5.311 billion shares, representing 75.45% of the company [1] - Hengli Group has pledged around 1.703 billion shares, which accounts for 32.07% of their holdings and 24.2% of the total share capital [1] - Hengneng Investment holds about 1.498 billion shares, equating to a 21.29% stake, with 0.535 billion shares pledged, representing 35.72% of their holdings and 7.6% of the total share capital [1] Group 2: Financial Performance - For the first half of 2025, Hengli Petrochemical's revenue composition is as follows: 96.22% from the petrochemical industry, 3.73% from other sources, and 0.05% from other businesses [1] - The current market capitalization of Hengli Petrochemical is 138 billion yuan [1]

Core Viewpoint - The event "Red Heritage, Quality Commitment, Green Future - Exploring Smart Energy" organized by Sinopec Shandong Petroleum aims to showcase the company's contributions to national energy strategy, local economic development, and social responsibility during the 14th Five-Year Plan period [1][2]. Group 1: Company Overview - Sinopec Shandong Petroleum is a key player in China's energy sector, particularly in oil and gas exploration, refining upgrades, and technological innovation [2]. - The company is the largest refined oil storage and sales enterprise in Shandong Province and a leading provider of vehicle charging services [2]. Group 2: Strategic Initiatives - The company emphasizes its commitment to becoming a comprehensive energy service provider, focusing on oil, gas, hydrogen, electricity, and service integration [2][6]. - The event serves as a platform for direct communication with the public, highlighting the company's quality control, public service, and responsibilities as a major state-owned enterprise [2][6]. Group 3: Event Highlights - Attendees visited various facilities, including the Shandong Petroleum Party School and the 6907 Red Education Base, to understand the company's efforts in quality assurance and green energy transition [4]. - The event featured immersive experiences that illustrated Sinopec's transformation from a traditional energy supplier to a comprehensive service provider, showcasing innovations in clean energy technology and industry chain development [6].

智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年11月18日，该公司斥资2453.55万港元 回购553.2万股H股股份，每股回购价4.42-4.48港元；斥资1090.47万元人民币回购188.61万股A股股份， 每股回购价5.76-5.81元人民币。 ...

Core Points - The Ministry of Industry and Information Technology (MIIT) has announced the establishment of a Green Low-Carbon Standardization Technical Committee to address industry development and management needs [2][3] - The committee's member list has been publicly disclosed for feedback from the public, with a feedback period from November 15, 2025, to December 14, 2025 [3] Member List Summary - The committee is chaired by Xie Yuansheng, who is a member of the MIIT Party Group and Vice Minister [4] - The vice chairs include Ren Peng, Chen Daji, Wang Zhaohua, Wang Zhiqin, and Qin Hailin, representing various institutions such as MIIT, China Electronics Standardization Institute, and Beijing Institute of Technology [4][5] - The committee comprises members from diverse organizations, including the China Steel Industry Association, China Petroleum and Chemical Industry Federation, and several universities and research institutes [4][5][6][7][8][9]