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【图】2025年3月浙江省煤油产量数据
Chan Ye Diao Yan Wang· 2025-05-29 07:47
摘要:【图】2025年3月浙江省煤油产量数据 2025年3月煤油产量统计: 煤油产量:39.9 万吨 同比增长:-21.4% 增速较上一年同期变化:低91.0个百分点 据统计,2025年3月浙江省规模以上工业企业煤油产量与上年同期相比下降了21.4%,达39.9万吨,增速 较上一年同期低91.0个百分点,增速较同期全国低20.1个百分点,约占同期全国规模以上企业煤油产量 489.8万吨的比重为8.1%。 详见下图: 2025年1-3月煤油产量统计: 煤油产量:113.6 万吨 同比增长:-16.0% 增速较上一年同期变化:低58.2个百分点 据统计,2025年1-3月,浙江省规模以上工业企业煤油产量与上年同期相比下降了16.0%,达113.6万 吨,增速较上一年同期低58.2个百分点,增速较同期全国低14.7个百分点,约占同期全国规模以上企业 煤油产量1398.9万吨的比重为8.1%。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。 产业调研网为您提供更多 石油化工行业最新动态 石油市场调研与发展前景 化工发展现状及前景预测 日化市场调研及发 ...
广金期货策略早餐-20250529
Guang Jin Qi Huo· 2025-05-29 06:37
Group 1: Copper - Investment Rating: Not provided - Core View: Copper prices show strong resilience due to US tariff policies despite the domestic market entering the off - season. There are concerns about supply due to the shutdown of the Kamoa copper mine [1] - Summary: - Intraday View: Fluctuate between 77,500 - 79,000 [1] - Medium - term View: Fluctuate between 66,000 - 90,000 [1] - Reference Strategy: Adopt an oscillating operation approach [1] - Core Logic: Macro - Trump postponed EU tariffs, increasing market risk appetite; Supply - LME available inventory dropped to a one - year low, and the Kakula copper mine in Congo stopped production; Demand - US tariff policy boosted import demand, while domestic downstream demand declined; Inventory - LME and SHFE copper inventories decreased [1] Group 2: Protein Meal - Investment Rating: Not provided - Core View: The trend of soybean meal being stronger in the far - term than the near - term is weakening. Consider selling out - of - the - money put options on near - term soybean meal contracts and holding the "long soybean oil 2509 - short palm oil 2509" position [4][6] - Summary: - Intraday View: Soybean and rapeseed meal continue to fluctuate widely [2] - Medium - term View: The far - strong and near - weak trend of soybean meal weakens [4] - Reference Strategy: Sell the out - of - the - money put option of soybean meal 2509 - P - 2850 [4] - Core Logic: As of May 27, the basis of soybean meal spot - 09 was negative. There may be positive factors from US soybean shipments and weather speculation. Domestic soybean meal has the characteristic of "not following the rise of the external market". The US biodiesel policy and RVO obligations have uncertainties. South American soybean production is finalized, and the focus shifts to North America. Canadian rapeseed planting is faster than usual, while Ukrainian rapeseed production is expected to decline [4][5][6] Group 3: Petroleum Asphalt - Investment Rating: Not provided - Core View: In the short term, asphalt prices face upward pressure due to factors such as rainfall and funds. In the long term, with the increase in supply and weak demand, if oil prices decline, asphalt prices are expected to follow a weak trend [8][10] - Summary: - Intraday View: Operate under pressure [7] - Medium - term View: Oscillate weakly [7] - Reference Strategy: Sell at high prices [8] - Core Logic: Supply - Local refineries are in a loss - making state, and the domestic asphalt plant operating rate has declined. Production is expected to increase in May. Demand - Rainfall in some areas and poor project funds have led to weak demand. Inventory - Asphalt plant inventory has decreased, while social inventory has increased. Cost - Oil price fluctuations are large, and there is support from raw material costs [8][9]
【图】2025年3月山东省原油产量统计分析
Chan Ye Diao Yan Wang· 2025-05-29 05:12
Group 1 - In March 2025, Shandong Province's crude oil production reached 1.893 million tons, reflecting a year-on-year growth of 0.50% [1] - The growth rate in March 2025 decreased by 0.30 percentage points compared to the same month last year, indicating a slowdown [1] - Shandong's crude oil production accounted for 10.0% of the national output of 19.025 million tons during the same period [1] Group 2 - From January to March 2025, Shandong Province's cumulative crude oil production was 5.533 million tons, with a year-on-year growth of 0.10% [2] - The growth rate for the first quarter of 2025 was 2.00 percentage points lower than the same period last year, also indicating a slowdown [2] - Shandong's crude oil production during this period represented 10.2% of the national total of 54.088 million tons [2]
LPG早报-20250529
Yong An Qi Huo· 2025-05-29 03:37
Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The fundamentals of the LPG market are expected to be weak overall, with expected supply growth, increased chemical demand, and weak combustion demand [1] 3. Summary According to Relevant Catalogs 3.1 Price Changes - On Wednesday, for civil gas, prices in Shandong increased by 20 to 4490, in East China decreased by 9 to 4517, and in South China decreased by 20 to 4800; ether - post carbon four remained stable at 4740; the cheapest deliverable was Shandong civil gas at 4490 [1] - The CP import cost increased, PP remained flat, and PP production profit decreased. The PG futures market was strong, the basis of the 06 contract slightly strengthened to 413, the 06 - 07 monthly spread increased by 27 to 95, and the 07 - 09 monthly spread increased by 16 to 159 [1] - The price of civil gas decreased significantly, ether - post carbon four rebounded, and the cheapest deliverable was Shandong civil gas at 4480. The PG futures market declined due to weak spot prices. The basis of the 06 contract was 385 (+139), the 06 - 07 monthly spread was 54 (-27), and the 07 - 08 monthly spread was 61 (-15) [1] - In the external market, FEI and MB decreased, CP increased, and the oil - gas ratio fluctuated; the internal - external price difference decreased significantly, and FEI - MOPJ decreased slightly; the freight rates from the US Gulf to Japan and from the Middle East to the Far East decreased [1] 3.2 Supply and Demand - Supply: The arrival of goods decreased significantly, exports were sluggish, and overall port inventories decreased; factory inventories were basically flat. The commodity volume increased slightly and is expected to continue to increase, and the expected arrival of goods is also expected to increase [1] - Demand: The PDH operating rate rebounded to 61.15% (+3.17pct), production margins declined, and the PDH operating rate is expected to continue to rise next week; the alkylation operating rate and commodity volume remained flat, profitability declined significantly to - 40.5 (-308), and the operating rate is expected to increase slightly next week; the MTBE price generally decreased by 50 - 150 yuan/ton, MTBE production was basically flat, the profits of gas - fractionation etherification and isomerization etherification declined. The expected MTBE supply will fluctuate slightly, and gasoline demand is difficult to increase, so the price may not fluctuate much. With rising temperatures, combustion demand is expected to decline [1]
燃料油早报-20250529
Yong An Qi Huo· 2025-05-29 03:37
| 日期 | | 新加坡380cst M1新加坡180cst M1 | | | | --- | --- | --- | --- | --- | | | | | 新加坡 GO M1 1 | ent M1 O M1 | | 2025/05/22 | 428.49 | 434.99 | 482.50 78.60 | 3.69 -99.14 | | 2025/05/23 | 426.54 | 432.91 | 479.50 78.23 | 3.74 -99.40 | | 2025/05/26 | 424.98 | 431.23 | 484.07 79.00 | 2.50 -100.53 | | 2025/05/27 | 416.86 | 423.87 | 481.97 78.88 | 1.49 -101.74 | | 2025/05/28 | 422.80 | 429.80 | 478.48 78.68 | 2.96 -103.75 | | 变化 | 5.94 | 5.93 | -3.49 -0.20 | 1.47 -2.01 | 新 加 坡 燃 料 油 现 货 | 日期 | FOB 380cst | FOB VLS ...
大越期货沥青期货早报-20250529
Da Yue Qi Huo· 2025-05-29 03:16
1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - Supply - The planned domestic asphalt production in May 2025 is 2.318 million tons, a month - on - month increase of 1.3%. The sample capacity utilization rate this week is 31.6994%, a decrease of 3.30 percentage points. Sample enterprise output is 529,000 tons, a decrease of 9.41%. Refineries have reduced production this week, but supply pressure may increase next week [7]. - Demand - The current demand is lower than the historical average. The heavy - traffic asphalt开工率 is 30.8%, a decrease of 0.10 percentage points; the construction asphalt开工率 is 18.2%, unchanged; the modified asphalt开工率 is 12.332%, an increase of 1.07 percentage points; the road - modified asphalt开工率 is 31%, an increase of 4.00 percentage points; the waterproofing membrane开工率 is 36.8%, an increase of 2.50 percentage points [7]. - Cost - The daily asphalt processing profit is 0.05 yuan/ton, a week - on - week decrease of 7. The profit difference between asphalt and delayed coking has increased by 48.58%. Crude oil has weakened, and cost support is expected to weaken in the short term [7]. - Inventory - Social inventory is 1.346 million tons, a decrease of 2.53%; factory inventory is 826,000 tons, a decrease of 5.27%; port diluted asphalt inventory is 17,000 tons, an increase of 54.55%. Social and factory inventories are continuously decreasing [7]. - Market Outlook - The market is expected to fluctuate in the range of 3455 - 3507 in the short term. There are both positive and negative factors. The positive factor is that the relatively high price of crude oil provides some support, while the negative factors include insufficient demand for high - priced goods and a downward trend in overall demand [7][9][10]. 3. Summary According to the Directory 3.1 Daily Views - **Supply Analysis** - In May 2025, the planned asphalt production increased, but the capacity utilization rate decreased this week. Sample enterprise output decreased, and refineries reduced production to relieve supply pressure, with potential pressure increase next week [7]. - **Demand Analysis** - The current demand is lower than the historical average, with different trends in the开工率 of various types of asphalt [7]. - **Cost Analysis** - Crude oil weakened, and the cost support for asphalt is expected to weaken in the short term. The asphalt processing profit decreased, and the profit difference with delayed coking increased [7]. - **Inventory Analysis** - Social and factory inventories are continuously decreasing, while port diluted asphalt inventory is increasing [7]. - **Market Outlook** - The market is expected to have a narrow - range fluctuation in the short term, affected by positive factors such as relatively high crude oil prices and negative factors like weak demand [7][9][10]. 3.2 Fundamentals/Position Data - **Market Overview** - Presented data on various contracts' prices, inventory,开工率, etc. For example, the prices of different contracts showed different trends, and inventory and开工率 data also changed significantly [14]. - **Price and Spread Analysis** - Included the analysis of basis,主力合约价差, asphalt - crude oil price spread, and the ratio of asphalt, crude oil, and fuel oil. These data reflect the relative price relationships in the market [16][19][22][29]. - **Profit Analysis** - Analyzed asphalt profit and the profit spread between coking and asphalt, showing the profitability of asphalt production [36][39]. - **Supply - Side Analysis** - Covered aspects such as shipment volume, diluted asphalt port inventory, production volume,开工率, and maintenance loss on the supply side. These data reflect the production and supply capacity of asphalt [42][44][47]. - **Inventory Analysis** - Analyzed exchange warehouse receipts, social inventory, factory inventory, and factory inventory inventory ratio, reflecting the inventory status of asphalt [63][68][71]. - **Import and Export Analysis** - Presented the trends of asphalt export and import, as well as the import price spread of South Korean asphalt [74][77]. - **Demand - Side Analysis** - Analyzed aspects such as petroleum coke production, apparent consumption, downstream demand (including highway construction, downstream machinery demand, and asphalt开工率), reflecting the demand situation of asphalt [80][83][86]. - **Supply - Demand Balance** - Provided a monthly asphalt supply - demand balance sheet, including production, import, export, inventory, and downstream demand data [106].
液化石油气日报:供应充裕,需求改善有限-20250529
Hua Tai Qi Huo· 2025-05-29 02:55
液化石油气日报 | 2025-05-29 供应充裕,需求改善有限 市场分析 1、\t5月28日地区价格:山东市场,4470—4550;东北市场,4100—4160;华北市场,4500—4580;华东市场, 4400—4670;沿江市场,4700—4980;西北市场,4400—4550;华南市场,4748—4880。数据来源:卓创资讯 2、\t2025年6月下半月中国华东冷冻货到岸价格丙烷611美元/吨,涨2美元/吨,丁烷563美元/吨,涨2美元/吨,折合 人民币价格丙烷4835元/吨,涨16元/吨,丁烷4455元/吨,涨16元/吨。(数据来源:卓创资讯) 3、\t2025年6月下半月中国华南冷冻货到岸价格丙烷615美元/吨,涨3美元/吨,丁烷566美元/吨,涨2美元/吨,折合 人民币价格丙烷4866元/吨,涨23元/吨,丁烷4479元/吨,涨16元/吨。(数据来源:卓创资讯) 风险 宏观政策、关税政策、港口装船延迟、炼厂装置检修超预期等。 2025年期货市场研究报告 第1页 请仔细阅读本报告最后一页的免责声明 现货方面,山东、华北、沿江西北区域小涨,其余区域主流维稳,整体氛围温和,成交平平,卖方库存无忧。供 ...
中国石化氢能产业链创业投资基金正式设立
news flash· 2025-05-29 02:48
Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has officially established the largest hydrogen energy investment fund in China, with an initial scale of 5 billion yuan, aimed at developing the hydrogen energy industry chain [1] Group 1: Fund Establishment - The hydrogen industry chain venture capital fund initiated by Sinopec has completed its business registration and has been filed with the Asset Management Association of China [1] - The fund will focus on key materials, core equipment, and original technologies with significant development potential across the entire hydrogen energy industry chain [1] Group 2: Infrastructure Development - Sinopec has built 11 hydrogen fuel cell hydrogen supply centers and 144 hydrogen refueling stations [1] - The company has established seven "hydrogen corridors," including the Western Land-Sea New Corridor and major highways such as Jinghu, Jingtian, Chengdu-Chongqing, and Hanjing [1] - Sinopec is now the company with the most hydrogen refueling stations in operation globally [1]
中国石化(600028):构建“一基两翼三新”产业格局 石化航母行稳致远
Ge Long Hui· 2025-05-28 18:34
Group 1: Company Overview - Company is a global leader in the petrochemical industry, establishing a development pattern of "one base, two wings, and three new" [1] - The company is the largest oil and gas producer in China, with a stable increase in oil and gas production and significant reserve growth, projecting a total oil and gas equivalent production of 515 million barrels in 2024, a year-on-year increase of 2.2% [1] - As the world's largest refining company and the second-largest chemical company, the company has a refining capacity of approximately 303 million tons, accounting for 32.2% of the national refining capacity, with 14 refineries exceeding 10 million tons [1] Group 2: Industry Outlook - Supply growth is expected to be limited while demand continues to grow, leading to an outlook of mid-to-high oil prices through 2025 [2] - The company is focusing on hydrogen energy as a core business, aiming to become the leading hydrogen energy company in China by establishing a full hydrogen energy industry chain and forming deep collaborations with various domestic and international enterprises [2] Group 3: Financial Projections - The company is projected to achieve a net profit attributable to shareholders of 54.738 billion, 59.162 billion, and 63.423 billion yuan from 2025 to 2027, representing year-on-year growth of 8.80%, 8.08%, and 7.20% respectively, with corresponding PE ratios of 12.58X, 11.64X, and 10.86X [3]
中国石化: 中国石化公司章程
Zheng Quan Zhi Xing· 2025-05-28 11:31
General Provisions - The company is established to protect the legal rights of the company, shareholders, and creditors, and to regulate its organization and behavior according to relevant laws and regulations [1][3] - The articles of association and its attachments are legally binding documents that govern the rights and obligations between the company and its shareholders, as well as among shareholders [1][3] Company Structure - The company is a joint-stock company established in accordance with the Company Law and other relevant regulations, with its founding approved by the National Economic and Trade Commission [3] - The registered name of the company is China Petroleum & Chemical Corporation, abbreviated as Sinopec [5][3] - The company is a permanent entity, and its capital is divided into equal shares, with shareholders' rights and responsibilities limited to their subscribed shares [3][5] Business Objectives and Scope - The company's business objectives include developing the enterprise, returning profits to shareholders, contributing to society, and benefiting employees [6] - The business scope includes production, storage, transportation, and sales of petroleum and chemical products, as well as various energy-related services [7] Shares and Capital - The company issues ordinary shares, which include domestic and foreign shares, and can increase capital through various methods, including issuing new shares to existing shareholders [8][11] - The registered capital of the company is RMB 121,281,555,698 [24] Shareholder Rights and Obligations - Shareholders have the right to receive dividends, participate in shareholder meetings, supervise company operations, and request the company to buy back their shares under certain conditions [30][31] - Shareholders are obligated to comply with the articles of association and not to abuse their rights to harm the interests of the company or other shareholders [31][32] Shareholder Meetings - The shareholder meeting is the company's decision-making body, responsible for approving major company decisions, including business strategies, capital increases, and financial reports [57][60] - The company must establish rules for shareholder meetings, which include procedures for convening meetings, voting, and decision-making [33][36]