Group 1 - China Petroleum & Chemical Corporation (Sinopec) has applied for a patent related to resin compositions and their applications, indicating a focus on innovation in epoxy resin modification and preparation [1] - The patent application includes a resin composition that features components A and B, with specific chemical compositions aimed at enhancing flame resistance, heat resistance, and mechanical properties [1] - The resin composition contains phosphorus content of 0.3wt% to 0.7wt%, nitrogen content of 8wt% to 15wt%, and silicon content of 0.3wt% to 0.8wt%, showcasing a well-balanced formulation for performance [1] Group 2 - Sinopec was established in 2000 and is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has made investments in 263 companies and participated in 5000 bidding projects, indicating a strong market presence and operational scale [2] - Sinopec Shanghai Petrochemical Company, founded in 1993, focuses on oil, coal, and other fuel processing, with a registered capital of approximately 1.08 billion RMB and extensive administrative licenses [2]

| | | PX&PTA&PR | | | | | | --- | --- | --- | --- | --- | --- | --- | | 2025/7/8 | 品种 | 更新日期 | 单位 | 现值 | 前值 | 涨跌(幅) | | | 期货结算价(连续):WTI原油 | 2025/7/7 | 美元/桶 | 67.93 | 66.50 | 2.15% | | | 期货结算价(连续):布伦特原油 | 2025/7/7 | 美元/桶 | 69.58 | 68.30 | 1.87% | | 上 | 现货价(中间价):石脑油:CFR日本 | 2025/7/7 | 美元/吨 | 577.00 | 578.75 | -0.30% | | 游 | | | | | | | | | 现货价(中间价):二甲苯(异构级):FOB韩国 | 2025/7/7 | 美元/吨 | 715.00 | 716.50 | -0.21% | | | 现货价:对二甲苯PX:CFR中国主港 | 2025/7/7 | 美元/吨 | 842.00 | 839.67 | 0.28% | | | CZCE TA 主力合约 收盘价 | 2025/7/7 ...

Core Insights - The article highlights the recognition of Sinopec's innovative efforts in the energy and chemical industry, particularly in the context of ESG (Environmental, Social, and Governance) initiatives, at the "Second China-Europe Enterprise ESG Best Practices Conference" held in Stuttgart, Germany [1] Group 1: Technological Innovation - Sinopec's project titled "Breakthrough to 'Deep' and Climb to 'New' Empowering the Development Blueprint of the Energy and Chemical Industry with Technological Innovation" won the "Best Case of Technological Innovation" award [1] - The company has made significant advancements in clean energy and low-carbon production processes, leveraging its integrated industry chain innovation advantages [1] Group 2: Deep Exploration - Sinopec has successfully developed China's first shale gas field with a storage capacity of 100 billion cubic meters and production capacity of 10 billion cubic meters, making China the first country outside North America to achieve large-scale commercial development of shale gas [1] - The company has established China's first million-ton CCUS (Carbon Capture, Utilization, and Storage) project, along with the world's first 100-kilometer transportation pipeline, and initiated a 10-million-ton open CCUS project in collaboration with Shell, China Baowu, and BASF [1] Group 3: New Materials and Applications - Sinopec's carbon fiber is used in the world's longest land-based wind turbine blades, showcasing a breakthrough in traditional material performance limits [2] - The company has developed low-sulfur marine fuel oil with sulfur content significantly below international standards, contributing to the green transformation of global shipping [2] - The first commercial passenger flight using bio-aviation fuel made from agricultural and forestry waste was completed in China [2] Group 4: Digital Transformation - The world's first digital twin intelligent ethylene plant, developed by Sinopec, is set to be operational by December 2024 [2] - The company has introduced its first AI digital employee, which is currently deployed in over 40 comprehensive energy stations [2] - Sinopec is actively building an open innovation ecosystem, establishing research centers in Houston and the Middle East, and collaborating with Imperial College London on resource geophysics research [2]

连日来，我国多地出现持续高温天气，给石油和化工行业安全生产带来极大挑战。面对"烤"验，石化企 业一手抓安全生产，一手抓防暑降温，掀起一场战高温、斗酷暑、保安全、稳生产的攻坚战。 面对高温天气，中国石油渤海钻探第四钻井公司第一时间启动高温天气专项应急预案，通过实施钻井错 峰作业策略，科学调整员工作业班次，有效降低员工疲劳作业风险。同时，该公司构建"动态监测+灵 活调度"机制，精准优化钻井生产排程，在井场与营地多点位升级防暑降温设施，严格执行夏季安全生 产规章制度，增加对柴油机、泥浆泵等关键设备的巡检频次，重点监测冷却系统效能，严防因高温导致 设备过热、性能下降、润滑失效甚至火灾隐患。 太化集团积极落实防暑降温安全防范措施，增强作业人员、上岗人员的安全防范意识，防患于未然；落 实安全责任制，强化每日安全检查和安检记录，加强对重点部位的巡查，及时消除隐患；严格按照规程 作业，防止设备超温超压，及时采取降温措施，加强对锅炉、压力容器等安全设施的检查，强化对安全 阀、压力表等设备的维护，保持完好且100%能及时投用。 针对近来东北地区出现的罕见高温天气，昆仑大连分公司生产运行部要求总包项目部"要合理安排作息 时间，避免 ...

Group 1: Market Data - The prices of South China LPG, East China LPG, and Shandong LPG on July 7, 2025, were 4660, 4529, and 4590 respectively [1] - The propane CFR South China was 580, propane CIF Japan was 539, and MB propane spot was 74 on July 7, 2025 [1] - The CP forecast contract price was 560 on July 7, 2025, and the paper import profit was -122, with a daily change of -46 [1] - The main contract basis was 440 on July 7, 2025, with a daily change of -9 [1] Group 2: Market Trends - The PG futures slightly strengthened, and the monthly spread widened. The 08 - 09 spread was 111 [1] - The US - Far East arbitrage window was closed [1] - The cheapest deliverable was East China civil LPG at 4529 [1] - The PP price declined, FEI and CP prices dropped, while the CP discount increased, and the production profit of PP made from FEI and CP rose [1] - The overall futures market was in a weak and volatile state, with a small change in the basis (349) and a slight increase in the August - September spread (97) [1] - The import cost decreased significantly, the FEI offshore discount declined, and the CP propane - butane arrival discount strengthened [1] - The outer - market monthly spread weakened significantly, and the oil - gas ratio increased [1] - The domestic - foreign price difference strengthened, with PG - CP reaching 22.5 (+26.5) and FEI - CP reaching -22.75 (+35) [1] Group 3: Fundamental Analysis - Domestically, port inventory, factory inventory, and external sales volume remained basically flat [1] - PDH operating rate decreased to 65.49% (-5.05pct), with improved profit, and it was expected to increase slightly in the future [1] - The alkylation operating rate remained unchanged, and it was expected to increase due to the planned restart of some devices [1] - Shandong civil LPG price first decreased and then increased (4610), with low domestic gas supply, sufficient arrivals, weak combustion demand, and chemical demand support [1] - East China civil LPG price declined (4529), with a general trading atmosphere, and it was expected to remain weak due to more arrivals and off - season demand [1] - South China civil LPG price fluctuated downward (4660) due to high import cost and weak terminal demand [1]

行业 MEG 日报 日期 2025 年 07 月 08 日 料油） 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 业硅）028-8663 0631 penghaozhou@ccb.ccbfutures.c om期货从业资格号：F3065843 021-60635740 pengjinglin@ccb.ccbfutures.c om期货从业资格号：F3075681 021-60635570 liuyouran@ccb.ccbfutures.com 期货从业资格号：F03094925 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（原油燃 研究员：任俊弛（PTA、MEG） 研究员：彭浩洲（尿素、工 研究员：彭婧霖（聚 ...

期 货 研 究 对二甲苯：PTA 新装置投产在即，PX 供需仍 偏紧 PTA：多 PX 空 PTA 止盈，月差反套 MEG：单边震荡市，月差逢低正套 贺晓勤 投资咨询从业资格号：Z0017709 hexiaoqin@gtht.com PX PTA MEG 基本面数据 来源：CCF，同花顺 iFinD，S&P Global，国泰君安期货研究 【市场概览】 PX：尾盘石脑油价格反弹，8 月 MOPJ 目前估价在 574 美元/吨。今天 PX 价格小幅反弹，一单 8 月亚 洲现货在 851 成交，一单 9 月亚洲现货在 837 成交。尾盘实货 8 月在 849/851 商谈，9 月在 836 有买盘。今 日 PX 估价在 842 美元/吨，较上周五上涨 2 美元。 由于参与者预期三房巷新的 320 万吨/年 PTA 装置将投产，该装置计划于第三季度初投产，市场情绪受 到提振。 "这是目标时间表，但最终取决于试运营是否顺利进行，"一位公司消息人士指出。 | 期货 | PX 主力 | PTA 主力 | MEG 主力 | PF 主力 | SC 主力 | | --- | --- | --- | --- | --- | -- ...

s 疯皮期货 华东标品基差 500 r 300 100 -10QV -300 -500 500 300 100 -100 -300 -500 2019 - 2022 - 2020 2019 -- 2022 - 2019 -- 2022 2021 - 2020 -- 2021 - 2020 -- 2021 2023 2024 2025 2023 - 2024 - 2025 - 2023 · 2024 · 2025 华东非标基差 山东非标基差(+80) 华南非标基差 500 700 - 700 г 300 500 500 100 300 300 100 -1007 100 -300 -100~ -100% -500 -300 -300 2019 2020 2021 2022 2019 - 2022 · 2020 - 2021 - 2021 - 2022 = 2019 · 2020 · 2023 2024 2023 2025 · 2024 - 2025 - 2023 2024 - 2025 BU09-12 BU06-09 BU03-06 500 - 500 - 500 300 - 300 300 100 100 1 ...

行业 沥青日报 日期 2025 年 7 月 8 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： ...

证监许可【2011】1292号 张晓珍Z0003135 2025年7月7日 星期一 摘要：据大商所公告，根据《大连商品交易所交易规则》等有关规定，现将纯苯期货合约挂盘基准价通知如下： BZ2603合约5900元/吨， BZ2604合约5900元/吨，BZ2605合约5900元/吨，BZ2606合约5900元/吨。本文将分别从纯苯成本端、供应情况及下游苯乙烯情况特点来分析纯 苯期货上市首日可能的走势及交易策略。 1.单边：鉴于纯苯供需面压力较大，且原油中期有重心下移预期，远月03合约5900略升水现货，单边偏空对待； 2.跨期套利：纯苯近端矛盾突出，预计呈Contango结构，反套参与； 3.跨品种套利：苯乙烯利润自身供需边际转弱后利润难维持，EB2603-BZ2603在1170附近而现货价差超过1800，预计03上价差进一步收敛空间 相对有限。 1．下半年原油重心或下移，关注增产落地情况 2．国内复产+持续进口，纯苯库存高位价格承压 国内供应看，2025年纯苯新增产能初步统计超过240万吨，其中下半年待投有镇海炼化、古雷石化、裕龙二期等。从国内供应看，上半年纯苯 利润尚可下国内开工正常波动，二季度因检修集中开 ...