摘要：【图】2025年1-8月江西省石脑油产量统计分析 2025年8月石脑油产量统计： 石脑油产量：2.9 万吨 同比增长：-30.4% 增速较上一年同期变化：低74.5个百分点 据统计，2025年8月江西省规模以上工业企业石脑油产量与上年同期相比下降了30.4%，达2.9万吨，增 速较上一年同期低74.5个百分点，增速较同期全国低28.2个百分点，约占同期全国规模以上企业石脑油 产量661.5万吨的比重为0.4%。 详见下图： 图1：江西省石脑油产量分月（当月值）统计图 图2：江西省石脑油产量分月（累计值）统计图 2025年1-8月石脑油产量统计： 石脑油产量：19.6 万吨 同比增长：-28.6% 增速较上一年同期变化：低48.4个百分点 据统计，2025年1－8月，江西省规模以上工业企业石脑油产量与上年同期相比下降了28.6%，达19.6万 吨，增速较上一年同期低48.4个百分点，增速较同期全国低28.1个百分点，约占同期全国规模以上企业 石脑油产量5283.7万吨的比重为0.4%。详见下图： 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 ...

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index achieving a nine-day winning streak, closing up 0.04% at 3965.28 points [3][4] - The Shenzhen Component Index fell by 0.49% to 13537.10 points, while the ChiNext Index decreased by 0.66% to 3222.61 points [3][4] - Total trading volume in the Shanghai and Shenzhen markets was 213.93 billion, a slight decrease of 20.9 billion from the previous trading day [3] Index Performance - The Shanghai Composite Index's increase was supported by major sectors, with the banking sector contributing over 10 points and the "Big Three Oil" companies contributing over 5 points [5] - A total of 859 stocks rose while 1415 stocks fell in the Shanghai market, indicating significant divergence in stock performance [5] - The Shenzhen market had 1120 stocks rising and 1715 falling, with a net outflow of 419 billion [5] Trading Dynamics - The market saw a significant contribution from major stocks, with the top three sectors contributing a total of 18 points to the Shanghai Composite Index [5] - Despite the overall market decline in Shenzhen, the Shanghai index managed to stay in the green due to the support from key banking stocks [6] - Northbound capital saw a net inflow of approximately 225 billion, accounting for 10% of the day's trading volume, indicating healthy trading activity [6] Sector Performance - Positive sectors included commercial aerospace, which benefited from changes in listing rules for private rocket companies, and the robotics sector, which gained from government support [7] - Negative pressure was observed in sectors such as energy metals, lithium batteries, and new energy vehicles, with concerns over a projected 30% decline in new energy vehicle sales in Q1 2026 [7] - The Hong Kong market experienced a decline, with the Hang Seng Index down 0.71% and the Hang Seng Tech Index down 0.30%, reflecting a contrasting trend compared to the Shanghai Composite [7]

Market Overview - The Hong Kong stock market indices collectively declined on December 29, with the Hang Seng Index falling by 0.71%, the Hang Seng China Enterprises Index down by 0.26%, and the Hang Seng Tech Index decreasing by 0.3% after an initial rise of 2.2% [1][2]. Sector Performance - Technology stocks experienced a downturn, with Alibaba, Xiaomi, Kuaishou, and Tencent Holdings each dropping over 1%, while JD.com and Baidu saw slight declines. Conversely, Meituan rose nearly 1% and NetEase increased by 1.41% [4][5]. - Gaming stocks faced significant losses, particularly MGM China, which plummeted over 17%. Other gaming companies like Sands China and Wynn Macau also reported declines [6]. - The gold and precious metals sector saw a sharp decline, with companies like Zijin Mining and Shandong Gold dropping over 5% [7]. - The paper industry saw gains, with Nine Dragons Paper rising over 4%, as several large paper companies announced plans to reduce production or slow expansion, signaling a shift towards price stability [9][10]. - The automotive sector experienced a collective rise, with NIO, Xpeng, and BYD showing notable increases, supported by government initiatives to boost consumer spending [11][12]. - Airline stocks became active again, with China National Aviation rising by 2.5%, driven by expectations of increased travel during the upcoming New Year holiday [12][13]. - Oil stocks were also active, with major companies like Sinopec and CNOOC seeing gains, supported by a favorable long-term supply-demand outlook [14]. Individual Company Highlights - Jiangxi Copper saw a significant increase of over 6% to HKD 39.66, following news of a potential acquisition of SolGold for up to GBP 764 million, which would enhance its position in the copper and gold mining sector [15][19]. - The net selling of southbound funds reached HKD 3.414 billion, indicating a cautious sentiment among investors [19]. Market Outlook - The market is expected to remain relatively quiet due to holiday liquidity effects, with alternating activity between technology growth and cyclical resources. Despite short-term uncertainties from global macro fluctuations, the current valuation of Hong Kong stocks remains attractive, with structural opportunities still prominent [21].

【液化石油气（LPG）投资周报】 烯烃链条需求一般， PG走势震荡转弱 国贸期货 能源化工研究中心 2025-12-29 国贸期货研究院：叶海文 从业资格证号：F3071622 投资咨询证号：Z0014205 投资咨询业务资格：证监许可【2012】31号 国贸期货研究院：施宇龙 从业资格证号：F03137502 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 本周能化大宗产品收盘价格监控 | 品 种 | 单 位 | 值 现 | 日涨跌幅 | 周涨跌幅 | 月涨跌幅 | 年涨跌幅 | 周价格走势 | 品 种 | 单 位 | 值 现 | 日涨跌幅 | 周涨跌幅 | 月涨跌幅 | 年涨跌幅 周价格走势 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 美元兑人民币汇率 | 元 | 7 0358 . | -0 05% . | -0 27% . | -0 61% . | -2 13% . | | 天然橡胶 | 元/吨 | 1 ...

分区域来看，陕西、浙江、江西、山西汽油批发价格上涨，辽宁、新疆、安徽、福建、河北、湖北汽油 批发价格下跌；吉林柴油批发价格上涨，甘肃、新疆、山东、安徽、江苏、江西、福建、河北、河南、 湖北柴油批发价格下跌。山东地炼方面，汽油价格小幅下跌，柴油价格下跌。 中国汽、柴油批发价格由中国经济信息社-中国石油经济技术研究院"能源大数据实验室"联合上海石油 天然气交易中心发布，基于对全国范围内主要经营单位和社会经营单位（不含炼厂）的批发价格数据采 集并计算形成，是反映中国汽、柴油批发市场整体情况的权威产品。 （文章来源：新华财经） 新华财经北京12月29日电（薛尚文）中国汽、柴油批发价格显示，12月26日，中国汽、柴油批发价格均 下跌。全国92#汽油平均批发价格为7457元／吨，较前一日下跌9元／吨；柴油（含低凝点）平均批发价 格为6434元／吨，较前一日下跌7元／吨。 从市场整体情况来看，12月25日国际原油期货市场因假日休市，消息面较为缓和。国内终端需求表现一 般，大单采购谨慎，市场成交提升有限。 ...

来源：中国能源网 中银证券近日发布化工行业周报：本周（12.22-12.28）国际油价持平，WTI原油期货价格收于56.74美 元/桶，收盘价周涨幅0.14%布伦特原油期货价格收于60.64美元/桶，收盘价周涨幅0.28%。宏观方面，根 据新华网消息，乌克兰总统泽连斯基称当地时间22日深夜至23日凌晨乌遭俄大规模袭击，多地能源设施 受损。 以下为研究报告摘要： 投资建议 截至12月27日，SW基础化工市盈率（TTM剔除负值）为25.60倍，处在历史（2002年至今）76.58%分位 数；市净率为2.33倍，处在历史61.10%分位数。SW石油石化市盈率（TTM剔除负值）为13.17倍，处在 历史（2002年至今）37.56%分位数；市净率为1.28倍，处在历史36.98%分位数。今年以来，行业受关税 相关政策、原油价格大幅波动等因素影响较大，十二月份建议关注：1、低估值行业龙头公司；2、"反 内卷"对相关子行业供给端影响；3、自主可控日益关键背景下的电子材料公司与涨价背景下的部分新能 源材料公司。中长期推荐投资主线：1、政策加持下需求有望复苏，供给端持续优化，优秀龙头企业业 绩估值有望双提升。2、下游行业快速 ...

Group 1: Macro Insights - The US real estate market is currently in a "weak supply and demand" state, with expectations of a weak recovery by 2026 due to challenges in policy transmission and external risks [2] - Industrial profits in November continued to decline year-on-year, with only the midstream equipment sector showing stable growth, while upstream and downstream sectors weakened [3] - The A-share market has not shown clear signs of a bull market peak, indicating continued potential for market performance [4] Group 2: Market Strategies - The A-share market is expected to experience a spring rally supported by ongoing policy efforts and capital inflows, with a focus on growth and consumer sectors [5] - The REITs market has shown signs of price recovery after five weeks of decline, with notable returns compared to other asset classes [6] - Credit bond issuance increased by 15.42% week-on-week, indicating a positive trend in the credit market [7] Group 3: Industry Research - The green methanol sector is rapidly growing under the "carbon neutrality" initiative, with a focus on companies that have established a complete supply chain [10] - The engineering machinery industry is witnessing a recovery in domestic demand and accelerated overseas growth, with several key manufacturers recommended for investment [11] - Strategic metals are expected to see investment opportunities due to favorable supply-demand dynamics and resource nationalism [12] Group 4: Company Research - Sinopec Engineering's acquisition of the East China Pipeline Design Institute is expected to enhance its competitive edge in pipeline transportation [19] - China Oil Engineering has signed a $424 million EPC contract for a pipeline project in Kazakhstan, indicating its proactive expansion into overseas markets [20] - Jinhui Liquor is positioned to benefit from regional brand advantages and market expansion, with strong revenue and profit growth projections [21]

12月29日重点关注的财经要闻与资本市场大事： 1、中国贸促会将召开12月例行新闻发布会 12月29日下午2时30分，中国贸促会将召开12月例行新闻发布会，介绍第四届链博会筹备进展、组织中国企业家代表团访美成果、APEC"中国年"工商界相关 活动筹备情况、推动共建"一带一路"工作举措、全球知识产权保护指数报告等，并回答记者提问。 今日看点 12月29日，1家公司共发布1个股票回购相关进展。其中，1家公司回购方案已实施完毕。从已完成回购来看，安琪酵母已完成回购金额最高，回购118.88万 元。 4、5股今日股权登记 根据上市公司权益分配方案梳理统计，5只A股今日股权登记。其中，3股拟派息。分红派息方面，3只个股分红派息的股权登记日为12月29日。三元生物、 和顺石油、西南证券分红力度最大，每10股分别派息5.00元、1.00元、0.10元。 5、美国当周EIA原油库存、美国11月成屋签约销售指数等数据将公布。 （数据来源Wind，内容不构成任何投资建议） 经济观察网 编辑 王俊勇 整理 2、152.23亿元市值限售股今日解禁 12月29日，共有10家公司限售股解禁，合计解禁量为9.32亿股，按最新收盘价计算，合 ...

摘要：【图】2025年9月广西壮族自治区柴油产量数据 图表：广西壮族自治区柴油产量分月（累计值）统计 2025年9月柴油产量分析： 单独看2025年9月份，广西壮族自治区规模以上工业企业柴油产量达到了46.8万吨，与2024年同期的数 据相比，9月份的产量下降了4.3%，增速较2024年同期低8.3个百分点，增速较同期全国低7.4个百分 点，约占同期全国规模以上企业柴油产量1741.8万吨的比重为2.7%。 2025年1-9月柴油产量分析： 据国家统计局数据，在2025年的前9个月，广西壮族自治区规模以上工业企业柴油产量累计达到了327.1 万吨，与2024年同期的数据相比，下降了12.6%，增速较2024年同期高1.0个百分点，增速较同期全国低 10.1个百分点，约占同期全国规模以上企业柴油产量14691万吨的比重为2.2%。 图表：广西壮族自治区柴油产量分月（当月值）统计 石油化工行业最新动态 石油发展前景趋势分析 化工的现状和发展趋势 日化行业现状与发展趋势润滑油市场现状及前景分析汽油市场调研与发展前景 柴油发展现状及前景预测橡胶市场调研及发展趋势 塑料行业监测及发展趋势 化妆品未来发展趋势预测清洁护肤 ...

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