据统计，2025年5月河南省规模以上工业企业石脑油产量与上年同期相比下降了6.2%，达4.7万吨，增速 较上一年同期低25.6个百分点，增速较同期全国低6.7个百分点，约占同期全国规模以上企业石脑油产量 630.9万吨的比重为0.7%。 详见下图： 摘要：【图】2025年1-5月河南省石脑油产量数据分析 2025年5月石脑油产量统计： 石脑油产量：4.7 万吨 同比增长：-6.2% 增速较上一年同期变化：低25.6个百分点 图1：河南省石脑油产量分月（当月值）统计图 2025年1-5月石脑油产量统计： 石脑油产量：23.5 万吨 同比增长：8.5% 增速较上一年同期变化：低1.4个百分点 注：主要能源产品产量月度统计范围为规模以上工业法人单位，即年主营业务收入2000万元及以上的工 业企业。 产业调研网为您提供更多 石油化工行业最新动态 石油现状及发展前景 化工发展前景趋势分析 日化的现状和发展趋势 润滑油行业现状与发展趋势汽油市场现状及前景分析 柴油市场调研与发展前景 橡胶发展现状及前景预测 塑料市场调研及发展趋势 化妆品行业监测及发展趋势清洁护肤未来发展趋势预测 据统计，2025年1－5月，河南省规模以上 ...

Group 1 - In the first four months of 2025, Shandong Province's petroleum coke production reached 3.128 million tons, a decrease of 19.1% compared to the same period in 2024, with a growth rate 24.0 percentage points lower than in 2024 and 13.5 percentage points lower than the national average [1] - The total petroleum coke production in the same period for the entire country was 10.499 million tons, with Shandong accounting for 29.8% of this total [1] Group 2 - In April 2025, Shandong's petroleum coke production was 690,000 tons, down 26.7% year-on-year, with a growth rate 36.1 percentage points lower than in 2024 and 17.8 percentage points lower than the national average [2] - The national petroleum coke production for April 2025 was 2.435 million tons, with Shandong's share being 28.3% [2]

供应端小幅增长，关注需求改善情况 市场分析 1、7月3日沥青期货下午盘收盘行情：主力BU2509合约下午收盘价3588元/吨，较昨日结算价上涨0.25%；持仓222124 手，环比减少5171手，成交141409手，环比下降10969手。 2、卓创资讯重交沥青现货结算价：东北，3900—4086元/吨；山东，3640—4070元/吨；华南，3620—3750元/吨； 华东，3650—3800元/吨。 石油沥青日报 | 2025-07-04 昨日华北、山东以及华南市场沥青现货价格窄幅上涨，其余地区沥青现货价格大体企稳。原油价格有所上涨，对 沥青现货市场心态存在提振，BU盘面则呈现震荡偏强走势，波动率相比之前明显降低。就沥青自身基本面而言， 整体供需两弱格局延续，库存维持低位。原油价格大幅回落后，炼厂生产成本有所修复，炼厂生产积极性增强， 另外部分企业消费税抵扣比例上调有利于提高开工负荷，但整体增量不多，当前供应压力相对有限。与此同时， 天气与资金因素制约下，沥青刚性需求表现一般，情绪仍较为谨慎，市场驱动不足。但随着南方地区梅雨季节结 束，终端消费存在一定改善预期，值得保持关注。 策略 单边：震荡 跨期：无 跨品 ...

Group 1 - In April 2025, Gansu Province's crude oil production reached 1.061 million tons, representing a year-on-year growth of 6.8%, which is 4.0 percentage points higher than the same period last year [1] - The growth rate of Gansu's crude oil production in April 2025 is 5.3 percentage points higher than the national average, contributing to 6.0% of the national crude oil production of 17.724 million tons [1] Group 2 - From January to April 2025, Gansu Province's crude oil production totaled 4.338 million tons, with a year-on-year increase of 6.7%, which is 0.2 percentage points higher than the previous year [2] - The growth rate for the first four months of 2025 is 5.5 percentage points higher than the national average, also accounting for 6.0% of the national crude oil production of 71.811 million tons [2]

一、该不法人员散布的上述虚假信息，其行为已严重侵害公司商誉并扰乱市场秩序，请各合作伙伴在进行商业交易前务必提高 警惕、加强防范，切勿轻信不明来源的信息，谨防上当受骗。一旦发现自身合法权益受到损害，建议立即向公安机关报案，通 过法律途径维护自身权益。 二、公司把诚信视为生命，始终坚持以"量价挂钩、质量优先"为采购准则，打造公开透明的采购体系，所有采购项目均由战略 采购中心通过标准化采购流程（Ariba系统）进行，从未授权任何"特殊渠道"，杜绝一切暗箱操作。 齐鲁晚报·齐鲁壹点 李牧青 齐鲁晚报·齐鲁壹点记者于东明石化官网获悉，7月3日晚间，其发布严正声明称，公司接到多起相关反映，有不法人员长期冒 用与公司具有关联关系的名义散布不实信息，包括但不限于：虚假宣称"掌控某项目采购权"，谎称已向公司采购人员行贿以获 取业务；诱导供应商支付"居间费"，承诺"未中标退款"，实则利用信息差实施诈骗。 东明石化表示，为维护市场秩序，保障广大合作伙伴和公众的合法权益，同时捍卫公司良好声誉，现郑重声明如下： 据了解，东明石化现有员工8000人，总资产650亿元，原油一次加工能力1050万吨/年（其中东明区域750万吨/年，新海区域 ...

Report Overview - Report Title: Crude Oil Daily Report - Report Date: July 4, 2025 - Research Team: Energy and Chemical Research Team of Jianxin Futures 1. Investment Rating - No investment rating provided in the report 2. Core View - Due to the possible resumption of Israeli attacks on Iran, oil prices rose again. EIA data showed that as of the week ending on the 27th, US crude oil and gasoline inventories both increased more than expected, while diesel inventories continued to decline. In the supply side, most of the 8 OPEC member countries achieved the planned production increase in the first month of the expanded production increase. Considering Trump's concerns about high oil prices, there is a possibility that OPEC+ will further increase production. In the demand side, the expectation of crude oil demand has improved due to the suspension of the Sino-US tariff conflict, but the adjustment of the balance sheet is limited because of the expected supply growth in countries like Brazil and Guyana. The market will maintain a pattern of inventory accumulation in the second half of the year. Oil prices are gradually returning to fundamental-driven, and are expected to fluctuate in the short term. It is recommended to wait and see [6][7]. 3. Summary by Directory 3.1 Market Review and Operation Suggestions - **Market Data**: WTI crude oil futures rose 3.18% to close at $67.45 per barrel, with a trading volume of 24.54 million lots; Brent crude oil futures rose 3.04% to close at $69.15 per barrel, with a trading volume of 38.45 million lots; SC crude oil futures rose 1.56% to close at 506.3 yuan per barrel, with a trading volume of 17.94 million lots [6]. - **Supply and Demand Analysis**: OPEC member countries basically completed the planned production increase in the first month of the expanded production increase. Trump's concerns about high oil prices may lead to a further increase in OPEC+ production. The expectation of crude oil demand has improved due to the suspension of the Sino-US tariff conflict, but the market will still maintain a pattern of inventory accumulation in the second half of the year because of the expected supply growth in other countries [7]. - **Operation Suggestions**: Oil prices are expected to fluctuate in the short term. It is recommended to wait and see [7]. 3.2 Industry News - Indonesia plans to increase its daily crude oil production to 1 million barrels. - Last week, US imports of crude oil from Nigeria reached the highest level since August 2019. - In June, the production of 12 OPEC member countries increased by 360,000 barrels per day to an average of 28 million barrels per day, with about two-thirds of the increase contributed by Saudi Arabia [8]. 3.3 Data Overview - The report provides data on global high-frequency crude oil inventories, WTI and Brent fund positions, and spot prices, with data sources including CFTC, Wind, and Bloomberg [10][11][18]

Report Industry Investment Rating - Not provided in the content Core Viewpoints - International crude oil prices have fluctuated significantly, affecting the PX trend. The risk premium has been fully reversed, and the PX price has fallen back to the level before the rally. The fundamentals of PX are better than those of PTA, with effective support from rigid demand. Whether the PX profit can continue to rise in the future depends on whether there are more unexpected factors [2]. - PTA is expected to follow the cost side and fluctuate weakly in the short term. Its own fundamentals have weakened month - on - month, but there is no inventory accumulation. If the polyester production cut increases in the future, PTA will be relatively weaker [2]. - The supply of polyester bottle - chips may decrease, and the market liquidity is expected to tighten. The downstream terminal has rigid demand, and the restocking sentiment may improve [2]. - The polyester industry chain's demand is not optimistic currently, and it generally fluctuates with the cost. It is expected that PX, PTA, and PR will all operate in a volatile manner [2]. Summary by Related Catalogs Price Information - **Crude Oil**: On July 3, 2025, the futures settlement price of WTI crude oil was $67.00 per barrel, down 0.67% from the previous value; the futures settlement price of Brent crude oil was $68.80 per barrel, down 0.45% [1]. - **Naphtha and Xylene**: The spot price of naphtha (CFR Japan) was $577.38 per ton on July 3, 2025, up 0.90%; the spot price of xylene (isomeric grade, FOB Korea) was $728.50 per ton, down 1.49% [1]. - **PX**: The spot price of PX (CFR China Main Port) was $849.00 per ton on July 3, 2025, down 0.59%; the closing price of CZCE PX main contract was 6740 yuan per ton, down 0.74% [1]. - **PTA**: The closing price of CZCE TA main contract was 4746 yuan per ton on July 3, 2025, down 1.00%; the domestic spot price of PTA was 4881 yuan per ton, down 0.87% [1]. - **PR and Polyester Bottle - chips**: The closing price of CZCE PR main contract was 5894 yuan per ton on July 3, 2025, down 0.77%; the market price of polyester bottle - chips in the East China market was 6000 yuan per ton, down 0.08% [1]. - **Downstream Products**: The CCFEI price index of polyester DTY was 8875 yuan per ton on July 3, 2025, down 0.84%; the CCFEI price index of polyester short - fiber was 6760 yuan per ton, down 0.07% [2]. Operating Conditions - The operating rates of PX, PTA factories, polyester factories, and bottle - chip factories remained unchanged on July 3, 2025, at 78.98%, 76.84%, 88.52%, and 75.15% respectively. The operating rate of Jiangsu and Zhejiang looms decreased by 3.73 percentage points to 61.22% [1]. - The sales - to - production ratios of polyester filament, polyester staple fiber, and polyester chips were 33.00%, 46.00%, and 51.00% respectively on July 3, 2025. The sales - to - production ratio of polyester filament decreased by 7.00 percentage points, and that of polyester staple fiber decreased by 14.00 percentage points, while that of polyester chips increased by 20.00 percentage points [1]. Device Information - Dongying United's 2.5 million - ton PTA device was under maintenance from June 28 for 40 - 45 days. Yisheng New Materials' 3.3 million - ton PTA device reduced its load by about 50% around June 15 and has now returned to normal. Yisheng Hainan's 2 million - ton PTA device is expected to undergo technical transformation for 3 months starting from August 1 [2]. Important News - The US - Vietnam trade agreement and Trump's tariff statement have boosted market sentiment. The recent sharp fluctuations in crude oil prices have affected the PX trend, and the PX price has fallen back. The PX inventory is at a historical low, and the bottom support is relatively stable [2]. - The PTA spot market atmosphere is not good, the spot basis continues to weaken, and the PTA inventory is in a downward channel in absolute terms but at a near - five - year high in relative terms. The polyester production cut plan is limited, and the PTA is expected to follow the cost side and fluctuate weakly in the short term [2]. - The polyester bottle - chip market price has declined. The supply side of bottle - chips may reduce production, and the downstream terminal has rigid demand [2]. Trading Strategy - PTA is in a weak consolidation. The TA2509 contract closed at 4746 yuan per ton (-0.67%) with a daily trading volume of 1.06 million lots. PX is affected by maintenance news, and the PX2509 contract closed at 6740 yuan per ton (-0.30%) with a daily trading volume of 222,900 lots. PR follows the cost, and the 2509 contract closed at 5894 yuan per ton (-0.47%) with a daily trading volume of 47,000 lots. It is expected that PX, PTA, and PR will all operate in a volatile manner [2].

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Group 1 - The company emphasizes the importance of implementing the spirit of the Central Eight Regulations as a key task for this year's party building work, aiming to guide party members and cadres to demonstrate new actions with a new style [1] - The company integrates the learning education with the theme education activities of China Petroleum, focusing on enhancing organizational strength and promoting leapfrog development in the chemical sector [1] - A total of 18 specific tasks have been arranged to promote the normalization and long-term effectiveness of style construction, with a focus on in-depth learning, problem identification, concentrated rectification, and open education [1] Group 2 - The company employs various learning methods, including "first agenda" discussions, theoretical study groups, and themed party days, to deeply understand the importance of style construction and the Central Eight Regulations [2] - The company has conducted 21 sessions of theoretical study, 7 discussions, and 129 sessions of "three meetings and one class" theoretical learning across party branches [2] - A total of 13 supervisory checks on "Four Winds" issues have been conducted, with 33 problems identified and rectified by leadership members [2] Group 3 - The company aims to reflect the results of style construction in high-quality development, targeting the establishment of a green oil-chemical production base and achieving profitability, industrial transformation, and sustainable development [3] - The company is adjusting its industrial structure and implementing projects such as biomass resource utilization and the production of green methanol, which meets international standards [3] - The company's net profit from production and operations has maintained growth in the first half of the year, indicating steady progress in high-quality development [3]

s 疯皮期货 华东标品基差 500 - 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 · 2024 2025 - 2025 - 2023 2024 - 2025 BU09-12 BU06-09 BU03-06 500 - 500 - 500 300 - 300 300 100 100 100 ...