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永安期货:焦炭关注基差修复的交易性机会
Qi Huo Ri Bao· 2025-06-18 00:35
年初以来,山西准一级焦炭出厂价格已经从1650元/吨下降至1200元/吨附近,跌幅接近30%。相关数据 显示,国内全口径焦炭产量较年初并未发生较大变化,钢厂和独立焦企焦炭产量维持在116~121万吨/ 天,其走势和今年焦化行业的利润水平趋于一致。焦化产业利润整体表现依旧疲软,目前焦化厂吨焦平 均利润为-28.6元。 此外,上游焦煤成本持续下行,很多矿井通过"越亏越产"的模式摊薄吨煤成本,以维持煤矿的正常运 行,导致焦煤现货价格持续创新低,而焦炭价格只能被动跟跌。 从需求端看,钢铁行业的悲观预期成为压制焦价的核心因素。数据显示,2025年1—5月铁水产量同比增 加1337万吨,若执行市场传言的"5000万吨粗钢压减目标",则铁水产量需要同比下降0.5%,即年底铁水 日产量需降至210万吨左右,相当于每周需要线性削减铁水产量8.4万吨。即便铁水和粗钢产量实施平控 政策,后续铁水的减产压力依旧不小。 根据减产预期进行推演:按照目前的焦炭产量计算,在铁水产量实施平控政策的前提下,要实现焦炭供 需再平衡,下半年焦炭产量需同比削减1330万吨,焦炭综合日均产量需要下滑至115万吨以下,这意味 着焦化行业利润面临更加严峻的 ...
美国、中东与中国:油价、黄金走势
Sou Hu Cai Jing· 2025-06-17 23:19
6月中旬的伊以冲突,再一次影响了地缘经济与地缘政治。 其实这场冲突早有端倪,5月特朗普特别来了次中东之行,而后美国就开始提醒在伊朗的美国人撤离。 整个中东行,从战略高度来讲,是美国主动升高和中国和欧洲之间的对抗,加强美国的影响力。 首先来讲地缘经济效应。 川普1.0时,纽约、德州原油的行情大部分时候在40到50美元这个区间,到了拜登时期,上升到75到85 美元。 照理说油价走高之后,中东的石油输出国家组织会增产,油价于是会跌回来。 中东国家也看到了这个趋势,所以改弦更张,开始扩产,代表就是伊朗组织联盟,准备大开发。 今年年初,油价在78美元上下,5月初已经跌破60美元,看到55美元。 第一,是油价。 但事实是,没有发生这个现象,因为中东国家对于开采的投资缩手了。 原因是各国掀起了绿色能源的推广,尤其是美国。 所以中东产油国对未来10年的石油需求预期有了疑惑,开始想着减产,维持油价。 而特朗普到沙阿拉伯国家访问,关起门来后,谈的就是石油增产的问题。 特朗普一上任,就退出巴黎气候协定,取消对绿色能源的补助,鼓励对页岩油、页岩气的开采。 他想要就业,想要燃油经济,当美国的能源供应增加时,油价当然有下跌的趋势。 这也 ...
【省统计局】前5月陕西经济运行平稳向好
Shan Xi Ri Bao· 2025-06-17 22:55
6月17日,省统计局发布前5月陕西经济运行情况:全省工业生产保持较快增长,固定资产投资稳步 扩大,消费市场持续回暖,经济运行延续平稳向好的发展态势。 工业保持较快增长,装备制造业表现良好。前5月,全省规模以上工业增加值同比增长9.3%,今年 以来保持9%以上较快增长。采矿业增加值同比增长10.4%,制造业增加值同比增长9.3%。能源工业稳定 增长,增加值同比增长8.2%。非能工业较快增长,增加值同比增长11.2%。装备制造业保持快速增长, 增加值同比增长14.8%,其中,电气机械和器材制造业增加值同比增长47.0%,汽车制造业增加值同比 增长30.8%。代表新质生产力的工业产品保持较快增长,太阳能电池产量同比增长39.4%,新能源汽车 产量同比增长36.6%。 固定资产投资稳步扩大,重点领域增长较好。前5月,全省固定资产投资同比增长5.6%。工业投资 持续快速增长,同比增长18.2%。其中,石油、煤炭及其他燃料加工业投资同比增长49.2%,汽车制造 业投资同比增长33.2%。投资活力不断增强,民间投资同比增长16.2%,占全部投资的比重为44.3%,占 比较上年同期提高2.7个百分点。 消费市场持续回暖,促消 ...
技术路径持续突围上市影企呼吁自我革新
Zhong Guo Zheng Quan Bao· 2025-06-17 21:14
从1905年京剧大师谭鑫培配合着锣鼓点甩髯提刀,被一部木壳手摇摄影机定格下中国电影的第一帧,到 2025年"哪吒"在IMAX银幕上掀起滔天巨浪,光影流转间,中国电影已走过整整120年。在2025年这个 具有里程碑意义的年份,第27届上海国际电影节(简称"上影节")于6月13日正式拉开帷幕。 中国证券报记者在上影节现场走访看到,"光影之城"氛围拉满,"科技+电影""AI+电影"仍然是上影节行 业论坛的重要议题。面对当前电影市场现状,在上影节活动现场,光线传媒、万达电影、大麦娱乐等上 市影企的高管纷纷呼吁,电影行业要用更大的勇气和更大的变革能力实现自我革新。 共赴光影之约 作为全球电影行业交流的重要窗口,今年上影节网罗来自全球的优秀影片助力文化交流和行业发展,在 全城点燃了一场全民参与的观影狂欢。 记者了解到,今年来自71个国家和地区的400多部影片齐聚上影节,总计约1500场电影在上海各大影院 放映。此外,还有超百场映后见面会,让电影人与观众零距离交流。 "开票10分钟,热门场次就全红了!""今年抢票感觉比春运还激烈!"——这是记者在上影节不少热门影 片开票后,从社交平台和影迷社群中听到的最普遍的声音。大麦、淘 ...
FutureFuel Idles Biodiesel Production Amidst Regulatory Uncertainty, Shifts Full Focus to Specialty Chemicals Growth
Globenewswire· 2025-06-17 21:00
CLAYTON, Mo., June 17, 2025 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, today announced its decision to temporarily idle biodiesel production upon completion of its remaining contractual obligations, anticipated to occur by the end of June. This decision comes despite welcome news last week from the U.S. Environmental Protection Agency (the “EPA”) proposing to increase biomass-based diesel mandates for 2026 ...
Talos Energy Announces Enhanced Corporate Strategy
Prnewswire· 2025-06-17 20:15
HOUSTON, June 17, 2025 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.Mr. Paul Goodfellow, the Company's President and Chief Executive Officer, will provide additional details about the Company's strategy during a conference call scheduled today, Tuesday, June 17, 2025 at 5:30 PM Eastern Time (4:30 PM Central Time). Further details are ...
The Ministry for Digital Transformation and Public Administration of the Government of Spain has announced an investment of €19.6M in Quantix to Establish a Cybersecurity and Microelectronics Center in the Region of Murcia
Globenewswire· 2025-06-17 17:30
Core Insights - The Spanish Government has announced a €19.6 million investment in Quantix to establish a Cybersecurity and Microelectronics Center in the Region of Murcia, with participation from various companies including SEALSQ, WISeKey, OdinS, and TProtege [1][3][4] - Quantix is a public-private joint venture with a total investment of €40 million aimed at developing advanced capabilities in cybersecurity, post-quantum technology, AI, and RISC-V systems [3][5] - The project is expected to create 250 jobs by the eighth year, fostering high-quality employment and attracting talent to the Region of Murcia [6] Investment and Economic Impact - The investment will be managed through the Spanish Society for Technological Transformation (SETT), which supports strategic projects for Spain's technological advancement [4] - The initiative aligns with the European Union's digital transformation plans and aims to address cybersecurity challenges in an increasingly connected world [5] - The project is projected to create 40 jobs in the first two years, 70 in the third year, and 152 by the fifth year [6] Technological Development - Quantix will centralize the microchip design and manufacturing value chain in the Region of Murcia, reducing reliance on non-European suppliers [7] - The focus will be on developing post-quantum-resistant products essential for government applications and sensitive private-sector needs by 2030 [7] - SEALSQ and WISeKey bring expertise in cybersecurity and post-quantum semiconductor projects, developing solutions for sectors like defense, healthcare, IoT, and aerospace [13] Strategic Collaborations - The project has received support from key government officials and aligns with the Strategic Project for Economic Recovery and Transformation in Microelectronics and Semiconductors (PERTE Chip) [8] - Collaborations with research centers and universities, particularly the University of Murcia, will enhance the scientific capacity of the ecosystem [12] - OdinS, WISeKey, and SEALSQ are involved in international initiatives to establish regulations for digital identity and IoT security [14] Future Outlook - The initiative aims to position the Region of Murcia as a hub for innovation and technological sovereignty in microelectronics [9] - The project is expected to have a significant positive impact on job creation, talent attraction, and the development of cutting-edge technology [11] - The combined expertise of the participating companies will enhance technological and commercial synergies in the fields of IoT and cybersecurity [15]
ALLE Gains on Strength in Allegion Americas Segment Amid Cost Woes
ZACKS· 2025-06-17 16:45
Core Insights - Allegion plc (ALLE) is experiencing stable demand across various end markets, including education, healthcare, government, hospitality, and retail, supported by recent acquisitions [1] - The company anticipates a revenue increase of 1-3% year over year in 2025, with organic sales expected to rise by 1.5-3.5% [1][6] Acquisitions and Expansion - In June 2025, Allegion completed the acquisition of ELATEC to enhance its global electronics portfolio in non-residential markets [2] - The acquisition of Novas in June 2025 is aimed at augmenting Allegion's door hardware portfolio [2] - Allegion acquired Trimco Hardware in April 2025, which strengthens its door and frame offerings in the Americas [2] - The acquisition of Lemaar Pty Ltd in March 2025 boosted Allegion's security and accessibility portfolio in Australia [3] Financial Performance and Shareholder Returns - Allegion paid dividends totaling $43.6 million in Q1 2025, marking a 3.6% year-over-year increase, and repurchased shares worth $40 million [4] - The company announced a 6% increase in its quarterly dividend rate, now at 51 cents per share [4] Cost Pressures and Profitability - Allegion faced a 3.4% year-over-year increase in the cost of sales in Q1 2025 due to high raw material costs [8] - Selling and administrative expenses rose by 3.1% year over year, attributed to investments in new products and growth initiatives [8] - The company is exposed to risks from adverse currency fluctuations, with a 0.8% negative impact from forex issues in Q1 [9]
青海:科技贷款获批企业数量和科技贷款余额均创新高
Zhong Guo Xin Wen Wang· 2025-06-17 15:05
中国人民银行青海省分行联合科技、发改、工信等部门创新建立"白名单+主办行+动态监测"机制,将 人民银行科技创新和设备改造再贷款政策与青海特色产业链深度绑定,形成"一企一策"金融解决方案。 目前,青海省金融机构已投放符合科技创新和技术改造再贷款要求的贷款18.2亿元。(完) (文章来源:中国新闻网) 中国人民银行青海省分行党委书记、行长翟向祎表示,科技金融工作涉及部门多、政策措施多、协调难 度大,"科技部门重在提规划、促需求;金融部门重在多供给、强支持。" "各金融机构应不断完善政金企线上线下常态化对接机制,畅通交流对接渠道,帮助更多科技型企业获 得融资支持。"翟向祎说,希望科技领域的企业家聚焦主业,不断加大研发投入,加强核心技术攻关, 持续增强核心技术竞争力,有效管控风险,借力金融资源将科技成果及早转化为新质生产力和经济价 值。 为健全科技金融工作体系,青海省科技厅联合中国人民银行青海省分行建立了科技金融议事协调工作机 制,鼓励保险公司围绕技术研发、成果转化及其应用推广等领域开展信用担保业务,为企业提供多元化 的融资担保服务。 中新网西宁6月17日电(祁增蓓)"近年来,青海省科技型企业融资便利性持续提高,科技 ...
Kaiser (KALU) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-06-17 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...