摘要：【图】2025年1-8月广东省初级形态的塑料产量数据分析 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，广东省规模以上工业企业初级形态的塑料产量累计达到了 847.4万吨，与2024年同期的数据相比，增长了25.2%，增速较2024年同期低6.0个百分点，增速放缓， 增速较同期全国高13.6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8.7%。 单独看2025年8月份，广东省规模以上工业企业初级形态的塑料产量达到了117.4万吨，与2024年同期的 数据相比，8月份的产量增长了32.7%，增速较2024年同期高11.0个百分点，继续保持快速增长，增速较 同期全国高19.9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 9.3%。 图表：广东省初级形态的塑料产量分月（当月值）统计 图表：广东省初级形态的塑料产量分月（累计值）统计 2025年8月初级形态的塑料产量分析： 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原来 ...

摘要：【图】2025年1-9月陕西省初级形态的塑料产量统计分析 2025年1-9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9个月，陕西省规模以上工业企业初级形态的塑料产量累计达到了 629.1万吨，与2024年同期的数据相比，增长了6.7%，增速较2024年同期高5.2个百分点，继续保持增 长，增速较同期全国低4.9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10970.31113万吨 的比重为5.7%。 图表：陕西省初级形态的塑料产量分月（累计值）统计 2025年9月初级形态的塑料产量分析： 单独看2025年9月份，陕西省规模以上工业企业初级形态的塑料产量达到了72.7万吨，与2024年同期的 数据相比，9月份的产量增长了7.0%，增速较2024年同期低3.0个百分点，增速放缓，增速较同期全国低 3.4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1266.54696万吨的比重为5.7%。 图表：陕西省初级形态的塑料产量分月（当月值）统计 产业调研网为您提供更多 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 ...

后市预测 生意社01月01日讯 价格走势 据生意社大宗榜数据显示，12月底国内PC市场行情偏弱运行，大部分牌号现货价格低位。截止12月31 日，生意社PC混合基准价在13233.33元/吨左右，价格水平同比涨跌幅-5.15%。 原因分析 供应方面：12月底国内PC聚合企业负荷总体大稳小涨。前期浙江石化多条产线轮替检修计划实施，当 前二期提前进入停机，不过一期装置恢复运行。同时四川天华产线回归，总体平均行业开工率恢复至接 近78%，周均产量6.5万吨以上。虽然聚合厂联袂挺价，但由于基础牌号料供应基数大，场内产销压力 重新累积。综合来看，PC供应端对PC支撑力度一般。 原材料方面：从上图可以看出，12月国内双酚A市场一改前期持续低迷的态势，开启止跌上行通道。在 供应收缩、需求边际改善及成本支撑强化的多重利好叠加下，市场价格从月初低位稳步攀升，贸易商挺 价情绪浓厚，市场交投氛围显著回暖。对PC成本面的支撑力度改善。 需求方面：受终端企业盈利情况走软影响，PC下游工厂负荷位置仍然不尽理想，备货保持逢低买入。 节前订单总量缩减，买家跟进态度谨慎，建仓操作少而随用随买多。成品产品电商与海外市场反响一 般，PC终端企业排产 ...

【大河财立方 见习记者 金怡杉】2025年12月31日，A股正式收官。这一年，近八成个股（4230只股票）实现全年上涨；沪指累计上涨18.41%，2921只 个股跑赢大盘；540只个股股价翻倍；10只大牛股涨幅超500%，成为投资者眼中的"造富机器"。 | | | | 2025年A股涨幅Top10 | | | | --- | --- | --- | --- | --- | --- | | 序号 | 证券简称 | 年内涨跌幅 年内涨停板 | | 所属行业 | 上市板 | | | | (%) | 个数 | | | | T | 上纬新材 | 1820.29 | 16 | 朝お | 科创板 | | 2 | 天普股份 | 1645.35 | 33 | 汽车零部件 | 主板 | | 3 | *ST宇顺 | 719.38 | 70 | 光学光电子 | 主板 | | 4 | *ST业振 | 636.70 7 | 6hxUl' | 家居用品 | 主板 | | 5 | 胜宏科技 | 586.02 02 0216 1 | | 元件 | 创业板 | | 6 | 飞沃科技 | 581.66 | 3 | 风电设备 | 创业板 | | 7 ...

1. Report's Investment Rating for the Industry - No information provided regarding the industry's investment rating. 2. Core Views of the Report - Bullish on the equity market during the "Spring Rally". With the expected strengthening of underlying stocks and seasonal effects, there is a slight room for convertible bond valuations to increase. When selecting bonds, focus on the performance elasticity of the underlying stocks. For near - maturity convertible bonds, consider participating in the underlying stocks [27]. - In the stock market, in December 2025, the risk appetite was high. Looking ahead, the RMB appreciation expectation is strengthening, and with the end of the year - end ranking assessment of financial institutions, the "Spring Rally" is expected to gradually kick off. In January, if the market adjusts during the intensive performance forecast period, investors can buy on dips and focus on resources, AI computing power, batteries, polyester industry chain, AI edge devices, and securities [27]. - In the convertible bond market, in December 2025, the CSI Convertible Bond Index reached a new high since July 2015. Although the share of convertible bond ETFs continued to decline, the market premium rate increased. In the future, due to seasonal effects, some institutional investors may gradually increase their positions in January, and convertible bond valuations have a slight room for improvement [27]. 3. Summary of Each Section 3.1 2025 December Convertible Bond Market Review - **Stock and Bond Market Review**: In December, the equity market fluctuated upwards, and the bond market generally fluctuated. The Shanghai Composite Index rose for nearly 10 consecutive trading days in the middle and late - December, closing at 3963.68 on December 26, with a monthly increase of 1.27%. The 10 - year Treasury bond yield closed at 1.838% on December 26, up 0.10bp from the beginning of the month, and the 30 - year Treasury bond yield closed at 2.223%, up 3.32bp from the beginning of the month [4][8]. - **Convertible Bond Market Review**: The convertible bond market generally rose following the equity market. The premium rates of convertible bonds in all parity ranges increased, but convertible bond ETFs continued to face outflow pressure. Five convertible bonds announced downward revisions, one more than the previous month, and 10 convertible bonds announced forced redemptions, two less than the previous month. The CSI Convertible Bond Index closed at 493.2 on December 26, up 2.31% [5][8]. - **Industry Performance**: In the Shenwan industry classification, sectors such as national defense and military industry (+12.25%), communication (+10.55%), and non - bank finance (+8.27%) performed well, while sectors such as media (-4.77%), banks (-3.68%), and coal (-3.62%) declined [8]. 3.2 2026 January Convertible Bond Allocation Strategy - **Stock Market Outlook**: The RMB appreciation expectation is strengthening, and the "Spring Rally" is expected to start. In January, if the market adjusts during the performance forecast period, investors can buy on dips. Focus on resources, AI computing power, batteries, polyester industry chain, AI edge devices, and securities [27]. - **Convertible Bond Outlook**: Due to seasonal effects, some institutions may increase their positions in January. Convertible bond valuations have a slight room for improvement. When selecting bonds, relative - return funds should focus on high - probability sectors with a high - beta underlying stocks, and absolute - return funds should focus on high - odds sectors [27][28]. - **Bond Selection Suggestions**: For relative - return funds, focus on sectors such as lithium - battery materials, semiconductor equipment and materials, power semiconductors, high - quality auto parts, anti - involution industries, and securities. For absolute - return funds, focus on industry leaders with low valuations, sectors such as pig farming, power, and water supply, and convertible bond debt - to - equity conversion [28]. 3.3 2026 January "Top Ten Convertible Bonds" Portfolio | Convertible Bond Code | Convertible Bond Name | Underlying Stock Name | Industry | Balance (Billion Yuan) | Convertible Bond Price (Yuan) | Convertible Bond Parity (Yuan) | Conversion Premium Rate (%) | Rating | Recommendation Reason | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 113043.SH | Caitong Convertible Bond | Caitong Securities | Securities II | 37.99 | 133.52 | 109.71 | 21.70 | AAA | The securities sector will see a double - hit of valuation and profit in a bull market [30]. | | 123254.SZ | EVE Convertible Bond | EVE Energy | Battery | 49.98 | 167.64 | 134.65 | 24.51 | AA+ | The demand for energy storage is strong, and the shipment volume in the third quarter increased significantly year - on - year and quarter - on - quarter [30]. | | 113695.SH | Huachen Convertible Bond | Jiangsu Huachen | Power Grid Equipment | 4.60 | 160.16 | 122.10 | 31.17 | A+ | The company's new production capacity is put into operation just as the demand for energy storage is growing rapidly [30]. | | 113634.SH | Proya Convertible Bond | Proya | Cosmetics | 7.51 | 125.13 | 70.36 | 77.83 | AA | As a domestic beauty leader, its brand and product strength are outstanding, and its valuation at a historical low is expected to be restored [30]. | | 113616.SH | Will Semiconductor Convertible Bond | Will Semiconductor | Semiconductor | 24.32 | 124.07 | 78.35 | 58.36 | AA+ | The company is accelerating its introduction into intelligent driving and emerging markets and has launched new mobile phone products with strong competitiveness [30]. | | 118040.SH | Hongwei Convertible Bond | Hongwei Technology | Semiconductor | 4.30 | 149.72 | 116.17 | 28.88 | A | Power semiconductors benefit from the growth of power supply and energy storage demand [30]. | | 113674.SH | Huashe Convertible Bond | Huashe Group | Engineering Consulting Service II | 4.00 | 129.29 | 89.47 | 44.51 | AA | As a leader in infrastructure design, its main business is stabilizing, and intelligent design and low - altitude economy provide growth points [30]. | | 123222.SZ | Bojun Convertible Bond | Bojun Technology | Auto Parts | 2.44 | 224.63 | 194.72 | 15.36 | A+ | The growth of customer sales and the increase in ASP per vehicle drive up revenue and profit [30]. | | 113666.SH | Aima Convertible Bond | Aima Technology | Motorcycle and Others | 19.99 | 125.11 | 79.63 | 57.12 | AA | The new national standard may promote the market share of the two - wheeled vehicle leader [30]. | | 123247.SZ | Wankai Convertible Bond | Wankai New Materials | Plastics | 19.64 | 172.30 | 150.18 | 14.73 | AA | Under the "anti - involution" of bottle chips, the processing fee is expected to stabilize, and the company is entering the rPET blue - ocean market [30]. |

图表：江苏省初级形态的塑料产量分月（累计值）统计 2025年9月初级形态的塑料产量分析： 摘要：【图】2025年9月江苏省初级形态的塑料产量数据 2025年1-9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9个月，江苏省规模以上工业企业初级形态的塑料产量累计达到了 977.6万吨，与2024年同期的数据相比，增长了7.4%，增速较2024年同期低0.3个百分点，增速放缓，增 速较同期全国低4.2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10970.31113万吨的比重 为8.9%。 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原来的年主营业务收入500万元提高到年主营业务收入 2000万元。 产业调研网为您提供更多 单独看2025年9月份，江苏省规模以上工业企业初级形态的塑料产量达到了110.8万吨，与2024年同期的 数据相比，9月份的产量增长了6.4%，增速较2024年同期低0.5个百分点，增速放缓，增速较同期全国低 4.0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1266.54696万吨的比重为 ...

12月31日，华信新材涨1%，截至发稿，报19.15元/股，成交2464.67万元，换手率1.28%，总市值19.68亿 元。 资料显示，江苏华信新材料股份有限公司位于江苏省新沂市珠江路18号，成立日期2000年6月6日，上市 日期2017年11月6日，公司主营业务涉及专业从事功能性塑料膜片材料的研发、生产和销售。主营业务 收入构成为：智能卡基材99.07%，其他(补充)0.93%。 从华信新材十大流通股东角度 数据显示，中信保诚基金旗下1只基金位居华信新材十大流通股东。中信保诚多策略混合(LOF)A （165531）三季度新进十大流通股东，持有股数43.74万股，占流通股的比例为0.43%。根据测算，今日 浮盈赚取约8.31万元。 中信保诚多策略混合(LOF)A（165531）成立日期2017年6月16日，最新规模11.33亿。今年以来收益 44.87%，同类排名1595/8085；近一年收益42.61%，同类排名1567/8085；成立以来收益145.32%。 中信保诚多策略混合(LOF)A（165531）基金经理为王颖。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（ ...

泰国公私合营企业PPP塑料正与泰国工业联合会(FTI)及其他机构合作，通过两大支柱减少海洋垃圾，即 减少目标塑料的使用以及收集和回收这些塑料。在石化领域，一个由28家公司组成的行业协会正在积极 推动将废塑料转化为高附加值材料，但由于统计数据不足，难以掌握实际情况。尽管如此，泰国政府已 将"生物循环绿色"(BCG)模式定位为国家战略，加速发展循环经济。以甘蔗乙醇为原料制成的树脂也是 一种生物基材料。 中化新网讯 近日，泰国政府启动了"塑料垃圾管理路线图"计划。该路线图的目标是到2027年实现目标 塑料垃圾100%回收利用，并加快对瓶子、瓶盖、塑料袋和单层薄膜包装等一次性塑料制品的收集和分 类。 在出口方面，欧盟的碳边境调整机制(CBAM)要求企业在2023年至2025年期间提交排放报告，并于2026 年开始全面实施。目前的适用对象是钢铁、铝、水泥、化肥、电力和氢气等，但未来是否扩大适用范围 及向下游产品扩展也在讨论中。PPP塑料正与地方政府、社区及零售商合作，推进废弃袋和薄膜的回收 点建设等工作，循环模式设想的处理能力约为每年70万吨。CBAM的过渡期仅要求报告义务，无需购买 证书，但制度核心是排放量的计算和认 ...

Group 1: Investment Rating - No investment rating provided in the report Group 2: Core Viewpoints - On December 30, new maintenance devices such as Zhanjiang BASF's full - density were added, and the plastic operating rate dropped to about 86.5%. The overall supply and demand pattern of plastics remains unchanged, and the upward space for plastics in the near future is expected to be limited. Due to new plastic production capacity coming on - stream recently and the gradual end of the peak season for agricultural films, the L - PP spread is expected to decline [1] Group 3: Summary by Relevant Catalogs 1. Market Analysis - On December 30, new maintenance devices led to a decline in the plastic operating rate to a neutral level. As of the week of December 26, the PE downstream operating rate was at a relatively low level in recent years. The overall supply of plastics increased with new production capacity coming on - stream, and downstream demand decreased as the agricultural film season ended and terminal construction slowed. The cost - end crude oil price rebounded limitedly, and the overall supply - demand pattern of plastics remained unchanged, with limited upward space [1] 2. Futures and Spot Market Conditions - **Futures**: The plastic 2605 contract increased positions and fluctuated. The lowest price was 6436 yuan/ton, the highest was 6486 yuan/ton, and it closed at 6461 yuan/ton, down 0.09% below the 60 - day moving average. The position increased by 3545 lots to 512784 lots [2] - **Spot**: The PE spot market showed mixed trends, with price changes ranging from - 100 to + 100 yuan/ton. LLDPE was reported at 6200 - 6370 yuan/ton, LDPE at 7700 - 8530 yuan/ton, and HDPE at 6550 - 7850 yuan/ton [3] 3. Fundamental Tracking - **Supply**: On December 30, new maintenance devices were added, and the plastic operating rate dropped to about 86.5%, at a neutral level [4] - **Demand**: As of the week of December 26, the PE downstream operating rate decreased by 0.62 percentage points to 41.83% week - on - week. The agricultural film was gradually exiting the peak season, with orders and raw material inventory decreasing. The packaging film orders also slightly decreased, and the overall PE downstream operating rate was at a relatively low level in recent years [4] - **Inventory**: The petrochemical early - morning inventory on Tuesday increased by 20,000 tons to 600,000 tons week - on - week, 50,000 tons higher than the same period last year, at a relatively high level in recent years [4] - **Raw Materials**: The Brent crude oil 03 contract fluctuated around 62 US dollars/barrel. The Northeast Asian ethylene price remained flat at 725 US dollars/ton week - on - week, and the Southeast Asian ethylene price remained flat at 745 US dollars/ton week - on - week [4]

从资金流向上来看，当日塑料板块主力资金净流出16.33亿元，游资资金净流入2.08亿元，散户资金净流 入14.24亿元。塑料板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600143 | 金发科技 | 2.13 Z | 5.52% | -1481.24万 | -0.38% | -1.98 Z | -5.14% | | 300539 横河精密 | | 1.11 Z | 12.68% | -1391.79万 | -1.59% | -9727.38万 | -11.10% | | 605488 福莱新材 | | 6235.81万 | 10.99% | -1219.45万 | -2.15% | -5016.36万 | -8.84% | | 002522 浙江众成 | | 5019.55万 | 15.06% | -462.73万 | -1.39% | -4556.82万 | -13.67% | | ...