s 家家期货 沥青早报 研究中心能化团队 2025/5/9 | | 指标 | 4/8 | 4/30 | 5/6 | 5/7 | 5/8 | 日度变化 | 周度变化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | BU主力合约 | 3321 | 3408 | 3361 | 3432 | 3383 | -49 | -55 | | | BU06 | 3321 | 3408 | 3361 | 3432 | 3383 | -49 | -52 | | | BU09 | 3295 | 3351 | 3286 | 3352 | 3318 | -34 | -33 | | THET | BU12 | 3210 | 3215 | 3143 | 3195 | 3161 | -34 | -54 | | | BU03 | 3215 | 3246 | 3164 | 3211 | 3170 | -41 | -76 | | | 成交量 | 670359 | 280344 | 348243 | 385956 | 330465 | -55491 | 50121 | | | ...

交易咨询业务资格：证监许可【2012】1091号 沥青期货早报 2025年5月9日 大越期货投资咨询部 金泽彬 从业资格证号：F3048432 投资咨询证：Z0015557 联系方式：0575-85226759 1 重要提示：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作参考之用，不构成对任何人的投资建议 。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 1 每日观点 2 基本面/持仓数据 每日观点 供给端来看，根据隆众，2025年5月份国内沥青总计划排产量为231.8万吨，环比增幅1.3%。本 周国内石油沥青样本产能利用率为28.8231%，环比减少2.64个百分点，全国样本企业出货 29.11万吨，环比持平，样本企业产量为48.1万吨，环比减少8.38%,样本企业装置检修量预估 为75.9万吨，环比增加1.07%,本周炼厂有所减产，降低供应压力。下周供给压力或将持平。 需求端来看，重交沥青开工率为28.3%，环比减少0.08个百分点，低于历史平均水平；建筑沥青 开工率为18.2%，环比增加0.88个百分点，低于历史平均水平；改性沥青开工率为8.1453%，环 ...

金融界2025年5月8日消息，国家知识产权局信息显示，中国石油化工股份有限公司;中石化石油化工科 学研究院有限公司申请一项名为"固体酸酸强分布的调控方法以及固体酸和应用"的专利，公开号 CN119926480A，申请日期为2024年1月。 专利摘要显示，本发明涉固体酸的领域，公开了一种固体酸酸强分布的调控方法以及固体酸和应用。一 种固体酸酸强分布的调控方法，其中，该方法包括以下步骤：(1)在铵阳离子存在下，将固体酸进行铵 阳离子可逆吸附，然后进行第一脱附；(2)在金属阳离子存在下，将步骤(1)第一脱附后的产物进行金属 阳离子定向吸附，然后进行第二脱附。该方法将铵阳离子可逆吸附和金属阳离子定向吸附结合，能够在 保持固体酸酸量的同时便捷的调控酸强分布，以满足不同的应用环境。 天眼查资料显示，中国石油化工股份有限公司，成立于2000年，位于北京市，是一家以从事石油、煤炭 及其他燃料加工业为主的企业。企业注册资本12173968.9893万人民币。通过天眼查大数据分析，中国 石油化工股份有限公司共对外投资了256家企业，参与招投标项目5000次，财产线索方面有商标信息45 条，专利信息5000条，此外企业还拥有行政许 ...

Group 1 - The core viewpoint of the news is that Sinopec has applied for a patent related to isotropic petroleum coke and its preparation method, which could enhance the value of catalytic cracking oil slurry and is suitable for industrial promotion [1][3] Group 2 - Sinopec, established in 2000, is primarily engaged in the petroleum, coal, and other fuel processing industries, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has made investments in 256 companies and participated in 5,000 bidding projects, holding 45 trademark records and 5,000 patent records [2] - The Sinopec Petroleum Chemical Research Institute, founded in 2022, focuses on research and experimental development, with a registered capital of 300 million RMB [2] - The research institute has invested in 2 companies, participated in 1,013 bidding projects, and holds 1,231 patent records [2]

Investment Rating - The report maintains a "Positive" investment rating for the oil processing industry [1]. Core Insights - The report highlights a significant decline in oil prices, with Brent crude and WTI crude experiencing decreases of -18.34% and -18.56% respectively over the past month [7]. - Global oil supply forecasts for 2025 have been adjusted, with IEA, EIA, and OPEC predicting supply levels of 10,413.42, 10,409.94, and 10,377.79 million barrels per day respectively, reflecting a decrease from previous estimates [24]. - The report indicates a mixed outlook for global oil demand, with IEA, EIA, and OPEC projecting demand levels of 10,354.02, 10,364.66, and 10,500.00 million barrels per day for 2025, showing a downward revision from earlier predictions [19]. Summary by Sections Oil Price Overview - As of April 30, 2025, Brent crude, WTI crude, Russian ESPO, and Russian Urals prices were recorded at $61.06, $58.21, $58.38, and $65.49 per barrel respectively, with significant declines noted over the past month [7][10]. Global Oil Inventory - As of April 11, 2025, the total U.S. crude oil inventory stood at 83,986.9 million barrels, reflecting a month-on-month increase of 703.8 million barrels [13][15]. Global Oil Supply - The report details that IEA, EIA, and OPEC's forecasts for global oil supply in 2025 are 10,413.42, 10,409.94, and 10,377.79 million barrels per day, with respective increases from 2024 of 115.70, 134.85, and 147.79 million barrels per day [24][25]. Global Oil Demand - The demand forecasts for 2025 from IEA, EIA, and OPEC are 10,354.02, 10,364.66, and 10,500.00 million barrels per day, with increases from 2024 of 72.57, 90.33, and 130.00 million barrels per day [19][24]. Regional Supply Insights - The report indicates that the supply growth for 2025-2026 is expected to be concentrated in the U.S. and Canada, with reductions primarily from OPEC+ compensatory cuts [29].

Group 1 - The core viewpoint of the news is that Sinopec has applied for a patent related to a method for producing low-carbon aromatics using Y-type molecular sieve catalysts and shape-selective molecular sieve catalysts [1] - The patent application was filed on October 2023, and the public announcement number is CN119912310A [1] - The method involves a multi-step catalytic process that includes hydrogenation and hydrocracking reactions to achieve high yields of low-carbon aromatics [1] Group 2 - Sinopec, established in 2000, is primarily engaged in the petroleum, coal, and other fuel processing industries, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has invested in 257 companies and participated in 5,000 bidding projects, holding 45 trademark records and 5,000 patent records [2] - The Sinopec Petroleum and Chemical Research Institute, founded in 2022, focuses on research and experimental development, with a registered capital of 300 million RMB [2] - The research institute has invested in 2 companies, participated in 1,000 bidding projects, and holds 1,231 patent records [2]

天眼查资料显示，中国石油化工股份有限公司，成立于2000年，位于北京市，是一家以从事石油、煤炭 及其他燃料加工业为主的企业。企业注册资本12173968.9893万人民币。通过天眼查大数据分析，中国 石油化工股份有限公司共对外投资了257家企业，参与招投标项目5000次，财产线索方面有商标信息45 条，专利信息5000条，此外企业还拥有行政许可39个。 中石化石油工程技术研究院有限公司，成立于2022年，位于北京市，是一家以从事研究和试验发展为主 的企业。企业注册资本30000万人民币。通过天眼查大数据分析，中石化石油工程技术研究院有限公司 共对外投资了3家企业，参与招投标项目585次，财产线索方面有商标信息15条，专利信息698条，此外 企业还拥有行政许可18个。 来源：金融界 金融界2025年5月3日消息，国家知识产权局信息显示，中国石油化工股份有限公司;中石化石油工程技 术研究院有限公司申请一项名为"一种套管最大下入能力的预测方法及装置"的专利，公开号 CN119903688A，申请日期为2023年10月。 专利摘要显示，本申请提供的一种套管最大下入能力的预测方法及装置，方法包括：基于所获取的原始 特征 ...

Group 1 - The core viewpoint of the news is that Sinopec has applied for a patent related to a multi-energy coupling system control method, which aims to optimize the economic efficiency and stability of renewable energy systems [1][3] Group 2 - Sinopec, established in 2000, is primarily engaged in the petroleum, coal, and other fuel processing industries, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has invested in 257 companies and participated in 5,000 bidding projects, holding 45 trademarks and 5,000 patents [2] - Sinopec (Dalian) Petroleum and Chemical Research Institute, founded in 2022, focuses on research and experimental development, with a registered capital of approximately 338.46 million RMB [2] - The Dalian Research Institute has invested in 1 company, participated in 707 bidding projects, and holds 4,506 patents [2]

Group 1 - China Petroleum & Chemical Corporation (Sinopec) has applied for a patent for a "Sample Particle Dispersion System, Method, and Laser Particle Size Analyzer Equipment" with publication number CN119901561A, filed on October 2023 [1] - The patent aims to provide a system that includes a dispersion unit, recovery unit, and conveying unit, which allows for the recycling of dispersing agents, reducing consumption and waste treatment costs while ensuring the accuracy of laser particle size analysis [1] Group 2 - China Petroleum & Chemical Corporation was established in 2000, located in Beijing, primarily engaged in the petroleum, coal, and other fuel processing industries, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has invested in 257 companies, participated in 5,000 bidding projects, and holds 45 trademark records and 5,000 patent records [2] - Sinopec Catalyst Co., Ltd. was established in 2013, also located in Beijing, focusing on the manufacturing of chemical raw materials and products, with a registered capital of 150 million RMB [2] - Sinopec Catalyst has invested in 12 companies, participated in 2,112 bidding projects, and holds 818 patent records [2]

中石化（北京）化工研究院有限公司，成立于2021年，位于北京市，是一家以从事化学原料和化学制品 制造业为主的企业。企业注册资本10000万人民币。通过天眼查大数据分析，中石化（北京）化工研究 院有限公司共对外投资了4家企业，参与招投标项目876次，财产线索方面有商标信息9条，专利信息 1372条，此外企业还拥有行政许可937个。 来源：金融界 金融界2025年5月3日消息，国家知识产权局信息显示，中国石油化工股份有限公司;中石化（北京）化 工研究院有限公司申请一项名为"一种硼酸盐化合物的制备方法及应用"的专利，公开号 CN119899204A，申请日期为2023年10月。 专利摘要显示，本发明属于硼酸盐化合物的制备技术领域，公开了一种硼酸盐化合物的制备方法及应 用，该制备方法包括以下步骤：1)将苯的卤代衍生物和溶剂混合，在‑60℃至‑100℃、氮气保护下，滴加 正丁基锂溶液并反应2～24h，再加入三氯化硼溶液继续反应1～36h；2)将步骤1)得到的反应混合物升温 至常温，然后减压升温脱除溶剂，得到粗产物，将粗产物中加入二氯甲烷、以及胺类或胺的盐酸盐，搅 拌反应0.5～4h；3)将步骤2)得到的产物过滤，向滤液 ...