来源：化纤头条 春节假期期间，伊朗局势变得愈发紧张，美国调集了两个航母战斗群重兵集结，中东再次变成了一个火 药桶，拉高了国际油价，同样也让聚酯链上的各个产品在节后迎来普涨。 聚酯链开年放涨 2月市场因美伊计划重启谈判而令地缘风险溢价回落，但随后美伊发生军事摩擦，风险溢价迅速回归， 油价易涨难跌，对化工品支撑偏强。 春节假期后，至2月24日收盘，布伦特油价较节前（2月13日）上涨5.52%，原油成本面对油化工市场形 成明显提振，叠加节后需求预期增强，42个主要石化产品中上涨占比67%，其中石油焦（5.1%）、PX （3.67%）、苯乙烯（3.06%）、纯苯（2.92%）、PTA（2.8%）。乙二醇、瓶片、短纤期货也在24日出 现了不同程度的上涨。 | | | | 表1 历年石化产品春节前后涨跌幅-2026年为春节前最后一个工作日(2月14日)与节后(2月24日)对比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 产业链 | 臣放 | 2021年 | 2022年 | 2023年 | 2024年 | 2025年 | 2026年 | | | ...

摘要：【图】2025年10月江西省石油焦产量数据 2025年1-10月石油焦产量分析： 据国家统计局数据，在2025年的前10个月，江西省规模以上工业企业石油焦产量累计达到了21.9万吨， 与2024年同期的数据相比，下降了19.9%，增速较2024年同期低22.1个百分点，增速较同期全国低15.9 个百分点，约占同期全国规模以上企业石油焦产量2617.4万吨的比重为0.8%。 单独看2025年10月份，江西省规模以上工业企业石油焦产量达到了2.2万吨，与2024年同期的数据相 比，10月份的产量下降了20.7%，增速较2024年同期低32.7个百分点，增速较同期全国低20.2个百分 点，约占同期全国规模以上企业石油焦产量268.1万吨的比重为0.8%。 图表：江西省石油焦产量分月（当月值）统计 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 石油未来发展趋势预测 化工现状及发展前景 日化发展前景趋势分析 润滑油的现状和发展趋势 汽油行业现状与发展趋势 柴油市场现状及前景分析 橡胶市场调研与发展前景 塑料发 ...

研究所 沥青研发报告 沥青日报 2026 年 02 月 24 日 沥青日报 第一部分 相关数据 | | | 名称 | 2026/02/24 | 2026/02/13 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | | | 期货价格与持仓 | | | | | | 研究员： | | BU2603（主力） | 3334 | 3264 | 70 | 2.14% | | 吴晓蓉 | | BU2604 | 3348 | 3280 | 68 | 2.07% | | 期货从业证号： | | BU2605 | 3364 | 3284 | 80 | 2.44% | | F03108405 | | SC2603 | 493.3 | 460.7 | 32.6 | 7.08% | | 投资咨询从业证号： | | Brent首行 | 71.65 | 67.33 | 4.3 | 6.42% | | Z0021537 | | 主力合约持仓/万手 | 14.6 | 14.3 | 0.3 | 1.76% | | ： | 021-65789108 | 主力合约成交/万手 | ...

摘要：【图】2025年9月江西省石油焦产量数据 2025年9月石油焦产量统计： 石油焦产量：2.6 万吨 同比增长：-5.1% 增速较上一年同期变化：低17.5个百分点 据统计，2025年9月江西省规模以上工业企业石油焦产量与上年同期相比下降了5.1%，达2.6万吨，增速 较上一年同期低17.5个百分点，增速较同期全国低1.9个百分点，约占同期全国规模以上企业石油焦产量 259.7万吨的比重为1.0%。 详见下图： 图1：江西省石油焦产量分月（当月值）统计图 石油焦产量：19.6 万吨 同比增长：-19.8% 增速较上一年同期变化：低21.0个百分点 据统计，2025年1－9月，江西省规模以上工业企业石油焦产量与上年同期相比下降了19.8%，达19.6万 吨，增速较上一年同期低21.0个百分点，增速较同期全国低15.1个百分点，约占同期全国规模以上企业 石油焦产量2342.9万吨的比重为0.8%。详见下图： 图2：江西省石油焦产量分月（累计值）统计图 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。 2025年1-9月石油焦产量统计： 产业调研网为您提供 ...

Group 1 - The core viewpoint of the article highlights the growth in petroleum coke production in Hebei Province, with a production of 54,000 tons in September 2025, reflecting a year-on-year increase of 5.3% [1] - The growth rate in September 2025 is 17.4 percentage points higher than the same period last year, and it is 8.5 percentage points higher than the national average [1] - Hebei's petroleum coke production accounts for 2.1% of the national total production of 2,597,000 tons for the same period [1] Group 2 - From January to September 2025, the total petroleum coke production in Hebei Province reached 616,000 tons, with a year-on-year growth of 6.4% [4] - The growth rate for the first nine months of 2025 is 16.1 percentage points lower than the same period last year, indicating a slowdown in growth [4] - Hebei's production during this period represents 2.6% of the national total production of 2,342,900 tons [4]

2025年8月石油焦产量统计： 摘要：【图】2025年1-8月河南省石油焦产量数据分析 2025年1-8月石油焦产量统计： 石油焦产量：1.9 万吨 同比增长：-4.5% 增速较上一年同期变化：高21.0个百分点 据统计，2025年8月河南省规模以上工业企业石油焦产量与上年同期相比下降了4.5%，达1.9万吨，增速 较上一年同期高21.0个百分点，增速较同期全国高1.3个百分点，约占同期全国规模以上企业石油焦产量 254.9万吨的比重为0.7%。 详见下图： 图1：河南省石油焦产量分月（当月值）统计图 石油焦产量：15.2 万吨 同比增长：-4.2% 增速较上一年同期变化：低9.6个百分点 据统计，2025年1－8月，河南省规模以上工业企业石油焦产量与上年同期相比下降了4.2%，达15.2万 吨，增速较上一年同期低9.6个百分点，增速较同期全国高0.4个百分点，约占同期全国规模以上企业石 油焦产量2083.1万吨的比重为0.7%。详见下图： 图2：河南省石油焦产量分月（累计值）统计图 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 ...

Group 1 - The core viewpoint of the article highlights the production statistics of petroleum coke in Guangxi Zhuang Autonomous Region for August 2025, indicating a decrease in production compared to the previous year [1] - In August 2025, the petroleum coke production reached 42,000 tons, reflecting a year-on-year decline of 2.5%, but with an increase in growth rate by 1.4 percentage points compared to the same month last year [1] - The production in Guangxi accounted for 1.6% of the national petroleum coke production of 2,549,000 tons during the same period [1] Group 2 - From January to August 2025, the total petroleum coke production in Guangxi was 216,000 tons, showing a significant year-on-year decrease of 36.7% [1] - The growth rate for the first eight months of 2025 was 39.7 percentage points lower than the same period last year, and 32.1 percentage points lower than the national average [1] - Guangxi's production during this period represented 1.0% of the national total petroleum coke production of 2,083,100 tons [1]

Core Viewpoint - The petroleum coke market in China is expected to experience strong fluctuations in 2026, with a structural differentiation in supply and demand, particularly in the low-sulfur coke market, which is likely to remain tight [1] Market Performance - In 2025, the petroleum coke market exhibited a significant upward trend, with prices rising from 1615 RMB/ton on January 1 to 2598.25 RMB/ton by December 31, marking an annual increase of 60.88% [2] - The market followed an "M" shaped trajectory, with a notable price surge before the Spring Festival due to reduced supply and increased downstream stocking demand [2] - In the first half of 2025, prices fluctuated downwards as imported petroleum coke arrived at ports, leading to increased inventory and a cautious demand outlook from downstream buyers [2][3] Supply Dynamics - The growth rate of new petroleum coke production capacity is expected to slow down in 2026, resulting in limited supply increases [5] - Analysts indicate that the rapid expansion phase for delayed coking units ended in 2022, with new capacity growth from 2026 to 2030 expected to be significantly lower than the previous cycle [6] - The total new capacity for delayed coking units from 2026 to 2030 is projected to be 9.5 million tons, primarily concentrated in East China, with most projects likely to be completed between 2027 and 2028 [7] Demand Trends - The demand for petroleum coke is anticipated to grow strongly, driven by stable demand in the aluminum carbon industry and increasing orders for negative electrode materials in energy storage and power applications [8] - The calcination process remains the most critical intermediary step for petroleum coke, with significant demand from downstream industries such as prebaked anodes and graphite electrodes [8] - The negative electrode materials market is expected to continue its growth trajectory, with 2025 production reaching approximately 2.95 million tons and a utilization rate of 77.6% [9] Price Outlook - The supply tightness in low-sulfur coke is expected to lead to sustained high prices, while medium-sulfur coke will rely on traditional industrial demand, and high-sulfur coke prices are likely to remain low due to fuel substitution effects [10] - Overall, the petroleum coke prices in 2026 are projected to exhibit a strong fluctuating trend, with further structural differentiation anticipated [10]

Core Viewpoint - The petroleum coke market in China is expected to experience strong fluctuations in 2026, with a structural differentiation in supply and demand, particularly in the low-sulfur coke segment, which is likely to remain tight [1] Group 1: Market Performance in 2025 - In 2025, the petroleum coke market exhibited a significant upward trend, with the price rising from 1615 RMB/ton on January 1 to 2598.25 RMB/ton by December 31, marking an annual increase of 60.88% [2] - The price surge was driven by supply constraints and increased downstream stocking demand, particularly before the Spring Festival, leading to a tight supply situation [2][3] - In the first half of 2025, prices fluctuated due to an influx of imported petroleum coke and a cautious demand outlook from downstream sectors [2] Group 2: Supply Dynamics - Analysts predict a slowdown in the growth of new petroleum coke production capacity in 2026, with limited supply increases expected [5] - The peak period for delayed coking capacity expansion ended in 2022, and the new cycle from 2026 to 2030 will see a significant reduction in the pace of capacity growth [5] - New capacity additions are primarily focused on refinery upgrades, with a projected total of 9.5 million tons of new delayed coking capacity expected from 2026 to 2030, mainly in East China [5] Group 3: Demand Trends - The demand for petroleum coke is expected to remain strong, driven by stable needs in the aluminum carbon industry and increasing orders for negative electrode materials in energy storage and power applications [6] - The calcination process remains the most critical intermediary for petroleum coke, with significant growth anticipated in the calcined coke sector from 2026 to 2027 [6] - The negative electrode materials market is projected to continue its growth trajectory, with a production volume of approximately 2.95 million tons in 2025 and a utilization rate of 77.6% [6][7] Group 4: Price Outlook - The price of low-sulfur coke is expected to remain high due to tight supply, while medium-sulfur coke will rely on traditional industrial demand, and high-sulfur coke prices are likely to stay low due to fuel substitution effects [7] - Overall, the petroleum coke prices in 2026 are anticipated to show a strong fluctuating trend, with further structural differentiation expected [7]

Core Viewpoint - Karamay Petrochemical Company (referred to as KPC) reported a year-on-year increase of 40,000 tons in crude oil processing for January, achieving the highest monthly processing volume for the same period in history [1] Group 1: Production Performance - KPC's main products, including lubricants, base oils, and white oils, exceeded production and sales plans [1] - Specialty product output increased by 8.64% year-on-year, while petroleum coke production rose by 17.8% year-on-year [1] Group 2: Operational Strategies - The company has optimized production by advancing "molecular refining," expanding crude oil resources, and optimizing the structure of incoming materials [1] - KPC strictly implements 24-hour control of production issues and three disciplinary management measures to ensure stable and optimal operation of its facilities [1] Group 3: Risk Management - The company has strengthened responsibility and system control, regularly conducting risk identification, early warning, management, and hidden danger investigation and remediation [1] - These measures provide a solid guarantee for a successful start to production and operations in the new year [1]