20251110-永安期货-沥青早报_2页_1mb

Asphalt Early Report Summary (2025/11/10):

• Key Indicators: Current basis differences include 山東基差 at 178, with recent negative daily changes (-16 on some dates), signaling potential downward pressure. 華東基差 increased to around 181 in certain periods, while 華南基差 showed improvement with a +1 point on November 7.
• BU主力合约: Trading at 3048 as of November 7, 2025, with higher volume and increased holding volume, indicating active market participation. Daily changes noted, such as a -61 drop recently, suggesting volatility.
• Crude Oil: Brent原油 is trading at ~63.4, reflecting lower prices and impacting asphalt derivatives.
• Related Markets: Products like 京博 and 弘潤 show declines (e.g., 弘潤 down -60), while 豊江庫 and 佛山庫 also experienced negative daily changes. 马瑞利润 decreased significantly from 305 to 143, indicating tighter margins.
• Overall Trends: Recent data suggests downward trends in prices and profits, influenced by seasonal factors and crude oil shifts. Charts referenced show volatility across 2019-2025, with 2025 showing continued pressure.
• Disclaimer: Based on public sources and analyses, not guaranteed accuracy; trades carry risks.