根据喜娜AI异动分析，佛塑科技涨停原因可能如下，新能源业务+新材料项目+产能扩张： 1、公司正积 极推进战略转型，收购金力股份100%股权切入新能源领域，这将显著增强产业链协同和技术储备。同 时，公司推进聚酰胺 - 尼龙薄膜等新材料项目，符合国家产业政策方向，长期可能形成新的增长点。 2、从市场表现来看，2025年11月17日和19日佛塑科技均入选龙虎榜，11月17日总买入12.4亿，11月19 日总买入5.04亿，资金的大量流入显示出市场对其的关注。近期塑料板块有一定的热度，同板块部分个 股也有活跃表现，形成了板块联动效应。 3、公司在建工程增长308.29%，高精度电容膜、阻隔材料等 项目投入显示其产能扩张的决心。2025年三季度经营活动现金流增长43.58%，主要得益于票据结算优 化，现金流的改善也为公司的发展提供了一定支撑。虽然2025年三季度净利润同比下降，但公司积极的 业务布局和发展战略仍吸引了投资者。 2025年11月25日，佛塑科技（sz000973）触及涨停，涨停价13.22元，涨幅9.98%，总市值127.89亿元， 流通市值127.89亿元，截止发稿，总成交额10.24亿元。 声明：市场 ...

Group 1: Energy and Metals Crude Oil - Overnight international oil prices rebounded, with the Brent 01 contract rising 1.41%. The Russia-Ukraine geopolitical risk is entangled between sanctions and peace talks. Supply and demand face greater inventory accumulation expectations in Q4 and Q1 next year, and the downward drive for oil prices remains. Focus on the progress of the Russia-Ukraine peace plan negotiation and the Venezuelan geopolitical risk [1] Precious Metals - Overnight precious metals rose. As several Fed officials advocated a December rate cut, the implied rate cut probability in the interest rate market rose to 80%. The market is uncertain, and precious metals are oscillating at high levels waiting for a directional breakthrough [2] Copper - Overnight copper prices oscillated. LME copper rose with precious metals at the end of the session. The domestic spot market has a certain bullish sentiment, and the SMM social inventory decreased by 1.39 million tons to 18.06 million tons [3] Aluminum - Overnight SHFE aluminum fluctuated narrowly. The social inventory of aluminum ingots and bars decreased by 0.8 million tons on Monday. The aluminum price may continue to adjust, with support around 21,100 yuan [4] Alumina - Alumina's operating capacity is at a historical high, and the supply surplus pattern remains unchanged. It will operate weakly before large-scale production cuts [5] Cast Aluminum Alloy - The spot price of Baotai ADC12 remained at 20,700 yuan. The supply of scrap aluminum is tight, and it will continue to follow the aluminum price, with the possibility of a narrowing spread with AL [6] Zinc - Domestic and overseas mine TC continued to decline. SHFE zinc oscillated in the range of 22,200 - 23,000 yuan/ton. The external demand supports zinc consumption, but the domestic demand is expected to weaken [7] Lead - SHFE lead oscillated in the range of 17,000 - 17,500 yuan/ton. The export of lead-acid batteries is expected to remain under pressure [8] Nickel and Stainless Steel - SHFE nickel rebounded, and stainless steel inventory decreased. However, the short-term contradiction lies in the macro level, and it is advisable to short on rebounds [9] Tin - LME tin closed higher, and SHFE tin oscillated at high levels. It is still advisable to short, and at the same time, match with out-of-the-money call options to hedge risks [10] Lithium Carbonate - The futures price of lithium carbonate opened low and moved lower. The market is highly divergent, and risk control should be prioritized [11] Polysilicon - The fundamentals of polysilicon are weak. The futures price will maintain an oscillating pattern [12] Industrial Silicon - The industrial silicon futures closed slightly lower. It will maintain an oscillating pattern in the short term [13] Iron Ore - The iron ore futures oscillated strongly overnight. The fundamentals are marginally looser, and the price is expected to oscillate [15] Coke - The coke price oscillated. It may oscillate weakly [16] Coking Coal - The coking coal price oscillated weakly. It may oscillate weakly [17] Manganese Silicon - The manganese silicon price oscillated. The bottom support is expected to move down [18] Silicon Ferrosilicon - The silicon ferrosilicon price oscillated. The bottom support will be tested [19] Fuel Oil and Low-Sulfur Fuel Oil - Both high-sulfur and low-sulfur fuel oils face pressure from abundant supply and weak demand [21] Asphalt - The asphalt price is expected to oscillate weakly under pressure [22] Group 2: Chemicals Urea - Urea supply remains sufficient. The market may return to a stalemate [23] Methanol - The methanol futures rose sharply. It is advisable to try to go long on the 5 - 9 spread at low prices [24] Pure Benzene - It is advisable to continue the idea of shorting on rebounds and consider option allocation [25] Styrene - The supply and demand of styrene are in a tight balance, but the support from the cost and demand sides is questionable [26] Polypropylene, Plastic, and Propylene - The market lacks guidance. Polyethylene supply pressure increases, and polypropylene supply is expected to increase slightly [27] PVC and Caustic Soda - PVC may follow the cost. Caustic soda will operate weakly [28] PX and PTA - PX is still strong before new capacity is put into production. PTA is driven by cost [29] Ethylene Glycol - The ethylene glycol price has a short-term rebound expectation, but the rebound space is limited [30] Short Fiber and Bottle Chip - Short fiber prices fluctuate with raw materials. Bottle chip is cost-driven [31] Group 3: Agricultural Products Soybean and Soybean Meal - The soybean meal futures rebounded. Pay attention to the impact of La Niña on South American soybean production [35] Soybean Oil and Palm Oil - Soybean oil and palm oil will oscillate in the short term. Palm oil is weaker [36] Rapeseed Meal and Rapeseed Oil - The rapeseed market focuses on Australian seeds. It is advisable to wait and see in the short term [37] Domestic Soybeans - Domestic soybeans rebounded strongly. Pay attention to the spot market and policy guidance [38] Corn - The corn futures oscillated at a high level. Pay attention to the sales progress of new corn in the Northeast [39] Live Hogs - The far-month hog futures rose, and the near-month is weak. The price may form a double bottom [40] Eggs - The number of newly laid hens is expected to decrease in December. Pay attention to the spot price [41] Cotton - The cotton futures may oscillate in the short term. It is advisable to wait and see [42] Sugar - The international sugar supply is sufficient. Pay attention to the production in India, Thailand, and Guangxi [43] Apples - The apple futures oscillated at a high level. Pay attention to the inventory removal [44] Wood - The wood futures oscillated. It is advisable to wait and see [45] Pulp - The pulp futures fell slightly. It is advisable to wait and see [46] Group 4: Financial Futures Stock Index Futures - A-shares rose in a shrinking volume. The short-term macro liquidity is uncertain. It is advisable to wait and see [47] Treasury Bond Futures - The treasury bond futures oscillated upward. The yield curve may flatten slightly [48] Group 5: Shipping Container Freight Index (European Line) - The SCFIS European route index rose sharply. The 02 contract may maintain a discount [20]

交易咨询业务资格：证监许可【2012】1091号 PVC期货早报 2025年11月25日 大越期货投资咨询部 金泽彬 从业资格证号：F3048432 投资咨询证：Z0015557 联系方式：0575-85226759 1 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投资建议 。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 目 录 1 每日观点 2 基本面/持仓数据 供给端来看，据隆众统计，2025年10月PVC产量为212.812万吨，环比增加4.79%；本周样本企业产能利 用率为78.83%，环比增加0.00个百分点；电石法企业产量34.578万吨，环比增加0.65%,乙烯法企业产 量13.466万吨，环比减少0.18%；本周供给压力有所增加；下周预计检修有所减少，预计排产少量增加 需求端来看，下游整体开工率为49.19%，环比减少0.35个百分点，高于历史平均水平；下游型材开工率 为36.3%，环比减少0.66个百分点，低于历史平均水平；下游管材开工率为40.2%，环比减少0.39个百 分点，高于历史平均水平；下游薄膜开 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688203 | 海正生材 | 14.60 | 11.45% | 9.71万 | | 1.36亿 | | 000859 | 国风新材 | 9.55 | 10.02% | 202.04万 | | 18.87亿 | | 301216 | 万凯新材 | 17.01 | 7.18% | 17.01万 | | 2.82亿 | | 300221 | 银禧科技 | 9.53 | 6.84% | ﺎ 75.58万 | | 7.01亿 | | 920056 | 能之光 | 26.41 | 5.39% | 3.04万 | | 7892.68万 | | 688386 | 泛亚微透 | 69.70 | 4.65% | 1.83万 | | 1.26亿 | | 300920 | 润阳科技 | 39.07 | 4.38% | 1.76万 | | 6809.27万 | | 601208 | 东材科技 | 18.05 | 4.34% | 83.56万 | | 14. ...

摘要：【图】2025年8月山东省初级形态的塑料产量数据分析 图表：山东省初级形态的塑料产量分月（累计值）统计 2025年1-8月初级形态的塑料产量分析： 据国家统计局数据，在2025年的前8个月，山东省规模以上工业企业初级形态的塑料产量累计达到了 1120.7万吨，与2024年同期的数据相比，增长了46.1%，增速较2024年同期高43.1个百分点，继续保持 增长，增速较同期全国高34.5个百分点，约占同期全国规模以上企业初级形态的塑料产量9707.30625万 吨的比重为11.5%。 2025年8月初级形态的塑料产量分析： 单独看2025年8月份，山东省规模以上工业企业初级形态的塑料产量达到了154.6万吨，与2024年同期的 数据相比，8月份的产量增长了53.1%，增速较2024年同期高49.9个百分点，继续保持增长，增速较同期 全国高40.3个百分点，约占同期全国规模以上企业初级形态的塑料产量1265.70537万吨的比重为 12.2%。 图表：山东省初级形态的塑料产量分月（当月值）统计 注：初级形态的塑料2004年及以前名称为塑料树脂及共聚物，简称塑料。 从2011年起，我国规模以上工业企业起点标准由 ...

长江期货聚烯烃周报 长江期货股份有限公司交易咨询业务资格：鄂证监期货字【2014】1号 【产业服务总部能化产业服务中心】 研 究 员： 张 英 执业编号:F03105021 投资咨询号:Z0021335 2025-11-24 01 核心观点总结 聚烯烃：上行压力较大，预计区间震荡 01 资料来源：iFIND，隆众资讯，长江期货 1 市场变化：11月21日塑料主力合约收盘价6770元/吨，环比-1.21%。LDPE均价为9033.33元/吨，环比-0.91%，HDPE均价 为7457元/吨，环比-1.00%，华南地区LLDPE（7042）均价为7260.59元/吨，环比-0.44%。LLDPE华南基差收于490.59元/ 吨，环比+11.66%，1-5月差-62元/吨（+17）。聚丙烯主力合约收盘价6357元/吨，较上周末-117元/吨，环比-1.81%.生意 社聚丙烯现货价报收6406.67元/吨（-80）。PP基差收50元/吨（+37），1-5月差-117元/吨（-16）。 2 基本面变化：1、供应端：本周中国聚乙烯生产开工率82.71%，较上周-0.71个百分点，聚乙烯周度产量67.03万吨，环比- 0. ...

投资咨询业务资格：证监许可【2012】31号 国贸期货 能源化工研究中心 2025-11-24 叶海文 从业资格证号：F3071622 投资咨询证号：Z0014205 张国才 从业资格证号：F03133773 本报告非期货交易咨询业务项下服务，其中的观点和信息仅供参考，不构成任何投资建议；期市有风险，投资需谨慎 L L DPE:宏观情绪偏弱 ，盘面震荡偏弱 | 影响因素 | 驱动 | 主要逻辑 | | --- | --- | --- | | 供给 | 中性 | （1）本周，我国LLDPE产量总计在30.46吨，较上周下跌1.20%。（2）中国聚乙烯生产企业产能利用率82.71%，较上周期减少了0.43个百分点。本周期装 | | | | 置情况来看，内中天合创、中英石化、万华化学、吉林石化等装置存在检修情况，存量检修装置多于周后期重启，因此产能利用率环比下跌。 | | 需求 | 偏多 | （1）中国LLDPE/LDPE下游制品平均开工率较前期+0.2%。其中农膜整体开工率较前期-0.1%；PE包装膜开工率较前期+0.5%。（2）中国聚乙烯下游制品 平均开工率较前期+0.2%。其中农膜整体开工率较前期-0.1%； ...

每经AI快讯，奇德新材（SZ 300995，收盘价：35.3元）发布公告称，2025年11月21日下午15:00至 17:30，奇德新材接受中信证券等投资者调研，公司董事会秘书陈云峰、财务总监邓艳群、证券事务代 表赵美美参与接待，并回答了投资者提出的问题。 每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 （记者 王瀚黎） 2025年1至6月份，奇德新材的营业收入构成为：塑料行业占比87.76%，其他业务占比12.24%。 ...

Guotai Junan Futures all rights reserved, please do not reprint CONTENTS 观点综述 01 聚乙烯价差利润 02 聚乙烯供需 03 Special report on Guotai Junan Futures 2 国泰君安期货·能源化工 聚乙烯：进口部分延期，单体有所扰动 国泰君安期货研究所 周富强 投资咨询从业资格号：Z0023304 日期：2025年11月23日 观点综述 1 本周PE观点：跌价估值压缩不明显，存供增需减预期 供应 总有效产能增速16%，上半年利润尚可，国产量增速18%，进口有同比下滑，但宽松的供应压制价格。PE总开工82.7%/-0.4%。周中天合创、万华、中 英、吉林石化等装置检修，损失量增加，开工下滑,集中在LD。下周上海、茂名石化计划检修，前期装置复产，供应环比回升。Q4检修计划同比略低， 预计供应维持宽松状态，且年底有环比增加预期，此外上游乙烯裂解利润低位，有部分供应扰动出现，关注规模及对PE端衍生品影响。 进口中东、美国货源有因运力周转不畅而延期到港，伊朗货11月或增，总体进口增加或集中在26年初。美国清库压 ...

编制说明介绍，本期筛查和评估重点考虑持久性、生物累积性，以及水生慢性毒性1类、致癌性1或2 类、致突变1或2类、生殖毒性1或2类、特异性靶器官毒性-反复接触1类和内分泌干扰性等高危害化学物 新污染物治理涉及石化、塑料、橡胶等行业领域。摄影 / 章轲 初步研判对相关化学物质实施环境风险管控具备经济技术可行性。 又一批化学品有望列入优先控制名录，以落实《新污染物治理行动方案》，加强新污染物治理，切实保 障生态环境安全和人民健康。 第一财经记者从生态环境部了解到，生态环境部办公厅、国家疾控局综合司已就优先控制化学品名录 （第三批）开始征求有关方面意见。据11月21日公布的编制说明介绍，本批名录包括24种类化学物质。 这些化学物质的生产和使用主要涉及石化、塑料、橡胶、制药、纺织、染料、涂料、农药、皮革、电镀 等行业领域。 此前两批优先控制化学品名录合计列入40种类化学物质，涵盖短链氯化石蜡、甲醛、汞及汞化合物、六 价铬化合物、铅化合物，以及苯、邻甲苯胺等人类致癌物，全氟辛酸、二噁英等持久性有机污染物，以 及铊及铊化合物等重金属类物质，涉及化工、轻工、塑料、橡胶、制药等多个行业。 《新污染物治理行动方案》提出，到202 ...