20251112-永安期货-沥青早报_2页_1mb

Summary of NSC HAT Report (Yongan Futures)

Key Findings

• Basis Differences: 山東基差 improved by +80 but subsequently decreased (-16 to -6 to -29). 华东基差 and 华南基差 showed fluctuations, with 华东基差 increasing from 72 to 142 and then stabilizing, while 华南基差 climbed and then held steady.
• Volume and持仓: BU主力合约 volume decreased by 8556 units, and持仓 decreased by 11390 units initially, with some recovery later. Other commodities like 沥青 profit indicators showed declines.
• Prices: Brent原油 prices ranged between 62.7 and 64.4, with a slight increase.现货 prices for products like 京博 and 弘润 decreased over time.
• Profit Changes: 马瑞综合利润 dropped from 910 to 694, indicating reduced profitability. Overall, commodity prices and basis differences fluctuate with seasonal trends, reflecting market declines.
• Data Trends: The reports highlight decreasing basis improvements and volume contractions, impacting overall financial performance in 2021-2025 periods.

Conclusion

The data indicates a general downward trend in commodity prices and profits, with basis differences varying by region and commodity. Futures trading shows volume instability, and specific price drops suggest market volatility. Summary is based on provided indicators and dates, showing declines in key metrics.