<p>亚洲的汽油炼油利润率在周二从近六个月的低点回升，因北亚出现了新的需求，交易员表示。</p>
<p>裂解价上涨至每桶 7.54 美元，较前一天的 6.88 美元有所上升。</p>
<p>市场参与者表示，台湾中油听闻已寻求在 1 月底和 2 月初交付的高辛烷值 95 号汽油 250,000 桶。</p>
<p>在石脑油市场，炼油利润率在周二保持在每公吨 77.68 美元，较布伦特原油的价格变化不大。</p>
<p>新闻</p>
<ul>
<li>2025 年中国的燃料油进口在 2024 年创下历史新高后下降，因较低的进口税退税影响了独立炼油厂的需求。</li>
</ul>
<ul>
<li>来自俄罗斯普里莫尔斯克港的超低硫柴油装船量可能在 1 月份比 12 月份增加约三分之一，超过 220 万吨，受到更高燃料产量和季节性较弱的国内需求的支持，交易员和 LSEG 及路透社的计算数据显示。</li>
</ul>
<p>新加坡现金交易</p>
<p>没有交易。</p>
<p>价格</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>现金</td>
<td>亚洲收盘</td>
<td>变动</td>
<td>前收盘</td>
<td>RIC</td>
</tr>
<tr>
<td>OSN 石脑油 CFR 日本 M1（$/mt）</td>
<td>553.25</td>
<td>1.00</td>
<td>552.25</td>
<td>(NAF-1H-TYO)</td>
</tr>
<tr>
<td>OSN 石脑油 CFR 日本 M2（$/mt）</td>
<td>548.75</td>
<td>1.00</td>
<td>547.75</td>
<td>(NAF-2H-TYO)</td>
</tr>
<tr>
<td>OSN 石脑油差价（$/mt）</td>
<td>4.50</td>
<td>0.00</td>
<td>4.50</td>
<td>(NAF-TYO-DIF)</td>
</tr>
<tr>
<td>石脑油净回报 FOB 新加坡（$/bbl）</td>
<td>59.47</td>
<td>0.11</td>
<td>59.36</td>
<td>(NAF-SIN)</td>
</tr>
<tr>
<td>石脑油 - 布伦特裂解（$/mt）</td>
<td>77.68</td>
<td>2.43</td>
<td>75.25</td>
<td>(NAF-SIN-CRK)</td>
</tr>
<tr>
<td>97 号汽油（$/bbl）</td>
<td>72.77</td>
<td>0.47</td>
<td>72.30</td>
<td>(GL97-SIN)</td>
</tr>
<tr>
<td>95 号汽油（$/bbl）</td>
<td>71.85</td>
<td>0.47</td>
<td>71.38</td>
<td>(GL95-SIN)</td>
</tr>
<tr>
<td>92 号汽油（$/bbl）</td>
<td>70.95</td>
<td>0.47</td>
<td>70.48</td>
<td>(GL92-SIN)</td>
</tr>
<tr>
<td>汽油裂解（$/bbl）</td>
<td>7.54</td>
<td>0.66</td>
<td>6.88</td>
<td>(GL92-SIN-CRK)</td>
</tr>
<tr>
<td>有关衍生品价格的列表，包括利润，请双击下面的 RIC。</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>布伦特 M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M1</td>
<td>(NACFRJPSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M1/M2</td>
<td>(NACFRJPSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M2</td>
<td>(NACFRJPSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油日本 - 新加坡净回报 M1</td>
<td>(NAPTC4SPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油日本 - 新加坡净回报 M2</td>
<td>(NAPTC4SPDMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M1</td>
<td>(NAFOBSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M1/M2</td>
<td>(NAFOBSGSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M2</td>
<td>(NAFOBSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油裂解 M1</td>
<td>(NACFRJPCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方石脑油 M1</td>
<td>(NAPJPEWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方石脑油 M2</td>
<td>(NAPJPEWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M1</td>
<td>(NAPCNWEAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M1/M2</td>
<td>(NAPCNWEASMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M2</td>
<td>(NAPCNWEAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 - 布伦特裂解 M1</td>
<td>(NAPCNWEACMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 - 布伦特裂解 M2</td>
<td>(NAPCNWEACMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>* 新加坡指的是新加坡</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>

中油燃气

中海油田服务

PP台湾50

<p>亚洲的汽油炼油利润率已从近六个月的低点反弹，因北亚需求增加，现已升至每桶 7.54 美元高于布伦特原油。台湾中油正在寻求在 1 月底至 2 月初交付的 25 万桶高辛烷值 95 号汽油。同时，石脑油炼油利润率保持稳定，现为每公吨 77.68 美元高于布伦特。此外，俄罗斯普里莫尔斯克港的超低硫柴油装船量预计将在 1 月份增加，主要受益于更高的燃料产量和较低的国内需求</p>

<p>Asia's gasoline refining profit margin recovered from near six-month lows on Tuesday amid fresh demand emerging from North Asia, traders said.</p>
<div class="lb-trans"><p>亚洲的汽油炼油利润率在周二从近六个月的低点回升，因北亚出现了新的需求，交易员表示。</p>
</div><p>The crack rose to $7.54 per barrel over Brent crude from $6.88 a day earlier.</p>
<div class="lb-trans"><p>裂解价上涨至每桶 7.54 美元，较前一天的 6.88 美元有所上升。</p>
</div><p>In purchases, Taiwan's CPC was heard to have sought 250,000 barrels for the higher 95-octane grade of gasoline for end-January and early-February delivery, market participants said.</p>
<div class="lb-trans"><p>市场参与者表示，台湾中油听闻已寻求在 1 月底和 2 月初交付的高辛烷值 95 号汽油 250,000 桶。</p>
</div><p>In the naphtha market, the refining profit margin was little changed at $77.68 per metric ton over Brent crude on Tuesday.</p>
<div class="lb-trans"><p>在石脑油市场，炼油利润率在周二保持在每公吨 77.68 美元，较布伦特原油的价格变化不大。</p>
</div><p>NEWS</p>
<div class="lb-trans"><p>新闻</p>
</div><p>- China's total fuel oil imports fell in 2025 after hitting a record high in 2024, as lower import tax rebates weighed on demand from independent refineries.</p>
<div class="lb-trans"><ul>
<li>2025 年中国的燃料油进口在 2024 年创下历史新高后下降，因较低的进口税退税影响了独立炼油厂的需求。</li>
</ul>
</div><p>- Ultra-low-sulphur diesel loadings from the Russian port of Primorsk may rise in January by about one-third from December and exceed 2.2 million metric tons, supported by higher fuel output and seasonally weaker domestic demand, data from traders and LSEG and Reuters calculations showed.</p>
<div class="lb-trans"><ul>
<li>来自俄罗斯普里莫尔斯克港的超低硫柴油装船量可能在 1 月份比 12 月份增加约三分之一，超过 220 万吨，受到更高燃料产量和季节性较弱的国内需求的支持，交易员和 LSEG 及路透社的计算数据显示。</li>
</ul>
</div><p>SINGAPORE CASH DEALS</p>
<div class="lb-trans"><p>新加坡现金交易</p>
</div><p>No trades.</p>
<div class="lb-trans"><p>没有交易。</p>
</div><p>PRICES</p>
<div class="lb-trans"><p>价格</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>CASH</td>
<td>ASIA CLOSE</td>
<td>Change</td>
<td>Prev Close</td>
<td>RIC</td>
</tr>
<tr>
<td>OSN Naphtha CFR Japan M1 ($/mt)</td>
<td>553.25</td>
<td>1.00</td>
<td>552.25</td>
<td>(NAF-1H-TYO)</td>
</tr>
<tr>
<td>OSN Naphtha CFR Japan M2 ($/mt)</td>
<td>548.75</td>
<td>1.00</td>
<td>547.75</td>
<td>(NAF-2H-TYO)</td>
</tr>
<tr>
<td>OSN Naphtha Diff ($/mt)</td>
<td>4.50</td>
<td>0.00</td>
<td>4.50</td>
<td>(NAF-TYO-DIF)</td>
</tr>
<tr>
<td>Naphtha Netback FOB Sing ($/bbl)</td>
<td>59.47</td>
<td>0.11</td>
<td>59.36</td>
<td>(NAF-SIN)</td>
</tr>
<tr>
<td>Naphtha-Brent Crack ($/mt)</td>
<td>77.68</td>
<td>2.43</td>
<td>75.25</td>
<td>(NAF-SIN-CRK)</td>
</tr>
<tr>
<td>Gasoline 97 ($/bbl)</td>
<td>72.77</td>
<td>0.47</td>
<td>72.30</td>
<td>(GL97-SIN)</td>
</tr>
<tr>
<td>Gasoline 95 ($/bbl)</td>
<td>71.85</td>
<td>0.47</td>
<td>71.38</td>
<td>(GL95-SIN)</td>
</tr>
<tr>
<td>Gasoline 92 ($/bbl)</td>
<td>70.95</td>
<td>0.47</td>
<td>70.48</td>
<td>(GL92-SIN)</td>
</tr>
<tr>
<td>Gasoline crack ($/bbl)</td>
<td>7.54</td>
<td>0.66</td>
<td>6.88</td>
<td>(GL92-SIN-CRK)</td>
</tr>
<tr>
<td>For a list of derivatives prices, including margins, please double click the RICs below.</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Brent M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha CFR Japan M1</td>
<td>(NACFRJPSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha CFR Japan M1/M2</td>
<td>(NACFRJPSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha CFR Japan M2</td>
<td>(NACFRJPSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha Japan-Sing Netback M1</td>
<td>(NAPTC4SPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha Japan-Sing Netback M2</td>
<td>(NAPTC4SPDMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha FOB Sing M1</td>
<td>(NAFOBSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha FOB Sing M1/M2</td>
<td>(NAFOBSGSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha FOB Sing M2</td>
<td>(NAFOBSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Naphtha Cracks M1</td>
<td>(NACFRJPCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>East-West Naphtha M1</td>
<td>(NAPJPEWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>East-West Naphtha M2</td>
<td>(NAPJPEWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE Naphtha M1</td>
<td>(NAPCNWEAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE Naphtha M1/M2</td>
<td>(NAPCNWEASMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE Naphtha M2</td>
<td>(NAPCNWEAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Crack NWE Naphtha-Brent M1</td>
<td>(NAPCNWEACMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Crack NWE Naphtha-Brent M2</td>
<td>(NAPCNWEACMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>*Sing refers to Singapore</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td>现金</td>
<td>亚洲收盘</td>
<td>变动</td>
<td>前收盘</td>
<td>RIC</td>
</tr>
<tr>
<td>OSN 石脑油 CFR 日本 M1（$/mt）</td>
<td>553.25</td>
<td>1.00</td>
<td>552.25</td>
<td>(NAF-1H-TYO)</td>
</tr>
<tr>
<td>OSN 石脑油 CFR 日本 M2（$/mt）</td>
<td>548.75</td>
<td>1.00</td>
<td>547.75</td>
<td>(NAF-2H-TYO)</td>
</tr>
<tr>
<td>OSN 石脑油差价（$/mt）</td>
<td>4.50</td>
<td>0.00</td>
<td>4.50</td>
<td>(NAF-TYO-DIF)</td>
</tr>
<tr>
<td>石脑油净回报 FOB 新加坡（$/bbl）</td>
<td>59.47</td>
<td>0.11</td>
<td>59.36</td>
<td>(NAF-SIN)</td>
</tr>
<tr>
<td>石脑油 - 布伦特裂解（$/mt）</td>
<td>77.68</td>
<td>2.43</td>
<td>75.25</td>
<td>(NAF-SIN-CRK)</td>
</tr>
<tr>
<td>97 号汽油（$/bbl）</td>
<td>72.77</td>
<td>0.47</td>
<td>72.30</td>
<td>(GL97-SIN)</td>
</tr>
<tr>
<td>95 号汽油（$/bbl）</td>
<td>71.85</td>
<td>0.47</td>
<td>71.38</td>
<td>(GL95-SIN)</td>
</tr>
<tr>
<td>92 号汽油（$/bbl）</td>
<td>70.95</td>
<td>0.47</td>
<td>70.48</td>
<td>(GL92-SIN)</td>
</tr>
<tr>
<td>汽油裂解（$/bbl）</td>
<td>7.54</td>
<td>0.66</td>
<td>6.88</td>
<td>(GL92-SIN-CRK)</td>
</tr>
<tr>
<td>有关衍生品价格的列表，包括利润，请双击下面的 RIC。</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>布伦特 M1</td>
<td>(BRENTSGMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M1</td>
<td>(NACFRJPSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M1/M2</td>
<td>(NACFRJPSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 CFR 日本 M2</td>
<td>(NACFRJPSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油日本 - 新加坡净回报 M1</td>
<td>(NAPTC4SPDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油日本 - 新加坡净回报 M2</td>
<td>(NAPTC4SPDMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M1</td>
<td>(NAFOBSGSWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M1/M2</td>
<td>(NAFOBSGSDMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油 FOB 新加坡 M2</td>
<td>(NAFOBSGSWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>石脑油裂解 M1</td>
<td>(NACFRJPCKMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方石脑油 M1</td>
<td>(NAPJPEWMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>东西方石脑油 M2</td>
<td>(NAPJPEWMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M1</td>
<td>(NAPCNWEAMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M1/M2</td>
<td>(NAPCNWEASMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 M2</td>
<td>(NAPCNWEAMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 - 布伦特裂解 M1</td>
<td>(NAPCNWEACMc1)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NWE 石脑油 - 布伦特裂解 M2</td>
<td>(NAPCNWEACMc2)</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>* 新加坡指的是新加坡</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
</div>

汽油价格从接近六个月的低点回升