8月29日，中国石化驻鄂企业在武汉首次举办高质量发展成果发布会，集中展示"十四五"以来在能源安全、产业升级、绿色转型等领域的实践成果。数据显示，"十四五"以来，中国石化驻鄂企业 ↑"中国石化在湖北"高质量发展成果发布会现场。（资料照片） 湖北省是中国石化所属企业最密集、产业链最齐全、发展潜力最大的省份之一。中国石化在湖北拥有江汉油田、中韩石化、荆门石化、湖北石油、销售华中、化销华中、石化机械、江汉石油工程 "十四五"期间，江汉油田新增探明石油储量3628万吨，原油产量达580万吨，天然气累计产量365亿立方米，中韩石化、荆门石化炼油能力共计提升至1500万吨，稳居华中最大炼化一体化企业 "十四五"期间，中国石化驻鄂企业承担国家级、省部级科研项目200多项，荣获省部级科技进步奖120多项，申请国家专利1300余件，其中发明430多件。面对页岩气开发世界级难题，在涪陵建 发布会当天，中国石化16家驻鄂企业共同启动"清净守护长江"社会责任行动第二阶段工作，联合开展污染防治攻坚行动、资源利用降耗行动、绿色转型提速行动、生物多样守护行动、区域协同 ...

同比增长：-5.0% 增速较上一年同期变化：低10.2个百分点 摘要：【图】2025年1-4月天津市原油加工量数据分析 2025年4月原油加工量统计： 原油加工量：132.5 万吨 图2：天津市原油加工量分月（累计值）统计图 图1：天津市原油加工量分月（当月值）统计图 据统计，2025年4月天津市规模以上工业企业原油加工量与上年同期相比下降了5.0%，达132.5万吨，增 速较上一年同期低10.2个百分点，增速较同期全国低3.6个百分点，约占同期全国规模以上企业原油加工 量5803.4万吨的比重为2.3%。 详见下图： 2025年1-4月原油加工量统计： 原油加工量：576.6 万吨 同比增长：7.7% 增速较上一年同期变化：高9.3个百分点 据统计，2025年1－4月，天津市规模以上工业企业原油加工量与上年同期相比增长了7.7%，达576.6万 吨，增速较上一年同期高9.3个百分点，增速较同期全国高6.9个百分点，约占同期全国规模以上企业原 油加工量24026.8万吨的比重为2.4%。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。 产业调 ...

摘要：【图】2025年4月江苏省柴油产量数据分析 2025年1-4月柴油产量分析： 据国家统计局数据，在2025年的前4个月，江苏省规模以上工业企业柴油产量累计达到了336.7万吨，与 2024年同期的数据相比，增长了4.2%，增速较2024年同期高1.4个百分点，继续保持增长，增速较同期 全国高11.2个百分点，约占同期全国规模以上企业柴油产量6333.6万吨的比重为5.3%。 图表：江苏省柴油产量分月（累计值）统计 单独看2025年4月份，江苏省规模以上工业企业柴油产量达到了88.4万吨，与2024年同期的数据相比，4 月份的产量增长了1.1%，增速较2024年同期低0.4个百分点，增速放缓，增速较同期全国高10.3个百分 点，约占同期全国规模以上企业柴油产量1559.6万吨的比重为5.7%。 图表：江苏省柴油产量分月（当月值）统计 2025年4月柴油产量分析： 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 石油发展现状及前景预测 化工市场调研及发展趋势 日化行业监测及发展趋势 润滑油未来发展趋势预测 ...

图表：海南省汽油产量分月（累计值）统计 2025年5月汽油产量分析： 单独看2025年5月份，海南省规模以上工业企业汽油产量达到了26.5万吨，与2024年同期的数据相比，5 月份的产量增长了8.9%，增速较2024年同期低4.7个百分点，增速放缓，增速较同期全国高18.4个百分 点，约占同期全国规模以上企业汽油产量1242.7万吨的比重为2.1%。 图表：海南省汽油产量分月（当月值）统计 摘要：【图】2025年5月海南省汽油产量数据 2025年1-5月汽油产量分析： 据国家统计局数据，在2025年的前5个月，海南省规模以上工业企业汽油产量累计达到了119.0万吨，与 2024年同期的数据相比，增长了8.7%，增速较2024年同期高10.2个百分点，增速较同期全国高15.4个百 分点，约占同期全国规模以上企业汽油产量6360.7万吨的比重为1.9%。 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 石油行业现状与发展趋势 化工市场现状及前景分析 日化市场调研与发展前景润滑油发展现状及前景预测汽油市场调研及发 ...

| | | | | 燃料油早报 | | 研究中心能化团队 2025/09/01 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 燃 料 油 | | | | | | | | | 日期 | 鹿特丹3.5% HSF | 鹿特丹0.5% VLS | 鹿特丹HSFO-Br | 鹿特丹10ppm G | 鹿特丹VLSFO-G | LGO-Brent M1 | 鹿特丹VLSFO-H | | | O掉期 M1 | FO掉期 M1 | ent M1 | asoil掉期 M1 | O M1 | | SFO M1 | | 2025/08/25 | 394.08 | 461.01 | -6.05 | 667.32 | -206.31 | 23.15 | 66.93 | | 2025/08/26 | 383.86 | 452.63 | -6.45 | 651.89 | -199.26 | 22.75 | 68.77 | | 2025/08/27 | 381.95 | 454.66 | -6.75 | 652.68 | -198.02 | 22.05 | 72.71 | | ...

1. Report Industry Investment Rating No information provided in the report regarding the industry investment rating. 2. Core View of the Report The fundamentals of LPG have improved, and the combustion demand has recovered. Both the domestic and overseas PG markets are running stably. The CP price remains stable, the demand for propane and butane in the Far East has been repaired periodically, and the high - level warehouse receipts are driving the PG reverse spread operation. In the short term, the PG futures price is affected by delivery and is expected to decline, but the overseas price is stable, and there is an expectation of subsequent repair [4]. 3. Summary by Related Catalogs 3.1 Energy and Chemical Product Price Monitoring - Different energy and chemical products have different price trends. For example, the current price of LPG is 4,411 yuan/ton, with a daily increase of 0.05%, a weekly increase of 0.55%, a monthly increase of 14.42%, and an annual decrease of 12.34% [3]. 3.2 LPG Fundamental Analysis - **Supply**: Last week, the total LPG commodity volume was about 650,000 tons (a decrease of 0.17%). The civil LPG commodity volume was 215,400 tons (a decrease of 1.03%), the industrial LPG was 206,200 tons (a decrease of 2.95%), and the ether - after C4 was 174,700 tons (a decrease of 3.03%). The LPG arrival volume last week was at a relatively low level, and the import resource supplement was limited. Some enterprises in Shandong resumed production, and the commodity volume increased month - on - month [4]. - **Demand**: The combustion demand has recovered, supporting the firm price of civil LPG. In the C4 deep - processing aspect, the domestic crude oil processing volume increased month - on - month, but the MTBE profit was inverted, and the alkylated gasoline profit turned from profit to loss. In the C3 deep - processing aspect, the PDH maintenance was concentrated and restarted, and the operating rate increased, which supported the demand, but the performance of propylene and terminal PP was average [4]. - **Inventory**: Last week, the LPG inventory in domestic factories was 171,700 tons (a decrease of 1.96%), and the port inventory was 3,075,200 tons (a decrease of 2.98%). The LPG inventory in various regions of the country showed a downward trend, and the fundamentals in various regions were gradually improving. The port arrival volume decreased significantly, but the unloading volume was more than the arrival volume, and the overall import resources showed a downward trend [4]. - **Basis and Position**: The weekly average basis in East China was 112 yuan/ton, in South China was 171 yuan/ton, and in Shandong was 132 yuan/ton. The total number of LPG warehouse receipts was 13,207 lots, an increase of 320 lots, and the lowest deliverable area was East China [4]. - **Chemical Downstream**: The operating rates of PDH, MTBE, and alkylation were 73.02%, 54.43%, and 48.29% respectively. The profits of PDH to propylene, MTBE isomerization, and alkylation in Shandong were 117 yuan/ton, - 531 yuan/ton, and - 328 yuan/ton respectively [4]. - **Valuation**: The PG - SC ratio was 2.29%, and the PG continuous first - continuous second monthly spread was 87 yuan/ton. The continuous increase in crude oil production dragged down the cost section, and the PG - SC cracking spread continued to strengthen [4]. - **Others**: OPEC+ continued to increase production, and EIA and IEA relaxed the supply - demand balance sheet, so crude oil was regarded as bearish in the long term. The newly added RMB loans of financial institutions in July showed negative growth, and the M2 - M1 scissors gap narrowed to 3.2%. The government launched consumer loan interest subsidies, and the domestic economy still faced pressure. The country phased out backward petrochemical production capacity below 2 million tons and upgraded technological facilities, and South Korea reduced the naphtha cracking capacity by 2.7 million tons [4]. 3.3 LPG Market Review - The main contract of LPG futures fluctuated higher, with a fluctuation range of 4,270 - 4,400 yuan/ton. The main contract this week was PG2510, which is a traditional peak - season contract. Although the crude oil price fell, the domestic spot market rebounded from the bottom, and the peak - season demand was expected to be strong. Coupled with the increase in import costs, the sellers pushed up the price, and the futures price followed the spot price higher. The domestic transaction price increased, but the increase was small, and the basis weakened this week. The lowest deliverable product was priced in East China. As of Thursday this week, the total number of LPG warehouse receipts on the Dalian Commodity Exchange was 13,283 lots, an increase of 335 lots compared with last Thursday [5]. 3.4 LPG Futures Price, Monthly Spread, and Cross - Month Spread Overview - **Futures Price**: The prices of different LPG futures contracts showed different trends. For example, the current price of PG01 was 4,202 yuan/ton, with a month - on - month decrease of 1.89% [10]. - **Monthly Spread**: The monthly spreads of different contracts also showed different trends. For example, the current PG01 - PG02 monthly spread was 60 yuan/ton, with a month - on - month decrease of 34.07% [10]. - **Cross - Month Spread**: The cross - month spreads of different contracts also had different changes. For example, the current PG01 - PG03 cross - month spread was 147 yuan/ton, with a month - on - month decrease of 14.53% [10]. 3.5 Refinery and Device Maintenance Plan - **Main Refineries**: Many main refineries in China had maintenance plans in 2025, including Sinopec, PetroChina, and CNOOC refineries. For example, Beihai Refining and Chemical had a full - plant maintenance from March 25 to June 6, 2025, with a processing capacity of 6.4 million tons [12]. - **Local Refineries**: Some local refineries also had maintenance plans, mainly in Shandong, Northeast, Central China, and North China. For example, Zhonghaiwai Energy in Rizhao had a normal - pressure distillation unit maintenance starting from May 25, 2025 [12]. - **LPG Factories**: Many LPG factories in China had device maintenance in 2025. For example, Shengli Heavy Oil Plant in Shandong had a full - plant maintenance from June 16 to mid - August 2025, with a normal production volume of 400 tons/day [14]. - **PDH Devices**: Some PDH devices in China had maintenance or shutdown situations. For example, Wanhua Chemical (Penglai) in Shandong planned to have a two - week maintenance starting from August 22, 2025 [15]. 3.6 Market Price and Spread Charts - The report also provided a series of market price and spread charts, including domestic and overseas LPG prices, basis, monthly spreads, cross - month spreads, and cross - variety spreads, to show the historical trends and changes of these indicators [19][21][27]

l永加安期货 沥青早报 研究中心能化团队 2025/9/1 | | 指标 | 7/31 | 8/21 | 8/27 | 8/28 | 8/29 | 日度变化 | 間度変化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | BU主力合约 | 3659 | 3465 | 3471 | 3517 | 3507 | -10 | 42 | | | BU06 | 3447 | 3342 | 3353 | 3373 | 3399 | 26 | 57 | | | BU09 | 3659 | 3496 | 3495 | 3559 | 3519 | -10 | 23 | | | BU12 | 3530 | 3373 | 3399 | 3427 | 3433 | 6 | 60 | | 居南 | BU03 | 3469 | 3340 | 3372 | 3394 | 3408 | 14 | 68 | | | 成交量 | 268665 | 194917 | 300106 | 289008 | 300820 | 11812 | 105903 | | | 持仓量 | ...

本次向特定对象发行的种类为境内上市人民币普通股(A股)，每股面值为人民币1.00元。在限售期届满 后，本次发行的股票拟在深圳证券交易所主板上市交易。本次向特定对象发行的股票数量上限为 155,962,606股，本次发行数量不超过本次发行前公司总股本的30%。 中国经济网北京9月1日讯茂化实华（000637）(000637.SZ)昨晚披露公司2025年度向特定对象发行A股股 票预案，本次向特定对象发行股票的发行对象为公司控股股东茂名港，发行对象以人民币现金方式认购 公司本次发行的股票。本次发行构成关联交易。 本次向特定对象发行股票募集资金总额不超过53,183.24万元(含本数)，扣除发行费用后的净额拟全部用 于补充流动资金。 本次向特定对象发行的发行价格为3.41元/股，不低于定价基准日前20个交易日公司股票均价的80%。 公司2024年4月10日披露关于公司控股股东已完成股票过户的公告，2024年4月9日，公司收到中国证券 登记结算有限责任公司出具的证券过户登记确认书，公司151,538,145股股票(首发限售股)已由北京泰跃 过户至茂名港集团名下。公司控股股东已完成股票过户登记手续，过户日期为2024年4 ...

中化新网讯 8月28日，全国工商联在辽宁沈阳发布"2025中国民营企业500强"。结果显示，京东集团、 阿里巴巴(中国)有限公司、恒力集团有限公司位居前三，营业收入均超过8700亿元。 报告显示，我国民营企业在战略性新兴产业布局积极。实际填报的309家企业已投资627个项目，涉及新 材料、新能源、新一代信息技术、高端装备制造、新能源汽车、节能环保等战略性新兴产业的主要细分 领域。 我国民营企业的创新活力也在持续增强。民营企业500强中实际填报企业的研发费用总额为1.13万亿 元，研发人员总数115.17万人，平均研发经费投入强度2.77%。研发费用超过10亿元的企业有171家，超 过30亿元的企业有64家，超过50亿元的企业有37家，超过100亿元的企业有19家。 今年全国工商联组织开展第27次上规模民营企业调研，共有6379家2024年营业收入10亿元以上的企业参 加，其中营业收入前500位的企业成为"2025中国民营企业500强"。 2025中国民营企业500强中，石油和化工企业数量占比超过10%，有70余家企业上榜，18家化企进入百 强。其中，2024年营业收入超过1000亿元的石化企业有18家，比上年 ...

示频度期货 基差&月差 山东标品基差(+80) 500 300 100 -300 -500 华东标品基层 500 300 1 00 -100 -300 -500 华南标品奉 500 300 1 OC -1 00 -300 -500 沥青厚报 研究中心能化团队 2025/9/1 | | 指标 | 7/31 | 8/21 | 8/27 | 8/28 | 8/29 | 日度变化 | 周度変化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | BU主力合约 | 3659 | 3465 | 3471 | 3517 | 3507 | -10 | 42 | | | BU06 | 3447 | 3342 | 3353 | 3373 | 3399 | 26 | 57 | | | BU09 | 3620 | 3496 | 3495 | 3559 | 3219 | -10 | 23 | | | BU12 | 3530 | 3373 | 3399 | 3427 | 3433 | 6 | 60 | | 播 | BU03 | 3469 | 3340 | 3372 ...