I. Key Focus Points
Core Logic: Frequent geopolitical changes have had a weakening impact on the market, while expectations of loose supply in the long term remain.
II. Price Table
| Category | Sub-category | 2026/9/30 | 2026/10/8 | Change | % Change | Unit |
|---|---|---|---|---|---|---|
| Crude Oil | ICE Brent | 103.53 | 104.28 | 0.75 | 0.72% | USD/barrel |
| NYMEX WTI | 90.42 | 91.49 | 1.07 | 1.17% | USD/barrel | |
| China INE | 696.10 | 737.40 | 41.30 | 5.60% | CNY/barrel | |
| Methanol (MX) | CFR China | 1179 | 1268 | 89.00 | 7.02% | USD/ton |
| Paraxylene (PX) | CFR China | 1249.33 | 1350.00 | 100.67 | 7.46% | USD/ton |
| MEG Spot | MEG USD | 735 | 775 | 40.00 | 5.16% | USD/ton |
| MEG RMB | 6195 | 6320 | 125.00 | 1.98% | CNY/ton | |
| PTA Price | PTA USD | 961 | 1028 | 67.00 | 6.52% | USD/ton |
| PTA Spot | 7170 | 7688 | 518.00 | 6.74% | CNY/ton | |
| PTA Processing Spread | 818 | 822 | 4.50 | 0.55% | CNY/ton | |
| Polyester | Semi-dull Chip | 8675 | 8880 | 205.00 | 2.31% | CNY/ton |
| Bottle Grade PET | 8745 | 9050 | 305.00 | 3.37% | CNY/ton | |
| Direct-spun Semi-dull POY 150D/48F | 9350 | 9500 | 150.00 | 1.58% | CNY/ton | |
| Direct-spun Semi-dull FDY 150D/96F | 9450 | 9600 | 150.00 | 1.56% | CNY/ton | |
| DTY 150D/48F Low Elongation | 10400 | 10450 | 50.00 | 0.48% | CNY/ton | |
| 1.4 Denier Direct-spun Staple Fiber | 8710 | 9100 | 390.00 | 4.29% | CNY/ton | |
| Capacity Utilization Rate | PX | 83.05% | 81.36% | -1.69% | -2.08% | -- |
| PTA | 75.67% | 75.67% | 0.00% | 0.00% | -- | |
| MEG | 63.70% | 64.51% | 0.81% | 1.26% | -- | |
| Polyester | 71.98% | 72.75% | 0.77% | 1.06% | -- | |
| Weaving | 50.58% | 50.85% | 0.27% | 0.53% | -- |
Note: Weaving operating rate data is updated every Thursday.
III. Data Table (Units: Tons, Ten Thousand Tons)
| Data Type | Oct 8 | Sep 30 | Change Rate | Weekly Trend |
|---|---|---|---|---|
| MEG Shipments | 4,725 | 5,200 | -9.13% | ↑ |
| MEG Operating Rate | 64.51% | 63.70% | +0.81% | ↘ |
| MEG Port Inventory | 10.1 | 8.6 | +17.44% | ↓ |
| Polyester Operating Rate | 72.75% | 71.98% | +0.77% | ↘ |
| Polyester Filament Sales Ratio | 289.80% | 24.60% | +265.20% | ↘ |
Note: Shipment data reflects figures from the previous business day.
IV. Market Outlook
Frequent geopolitical changes have had a diminishing impact on the market. Expectations for loose domestic supply of ethylene glycol are strengthening. Short-term upward momentum is insufficient, and the market is expected to trend downward today. The reference price for spot self-pickup in East China is estimated at 6,100–6,200 CNY/ton.
V. Data Calendar (Unit: Ten Thousand Tons)
| Data Type | Release Time | Previous Period Data | Expected Current Trend |
|---|---|---|---|
| MEG Port Inventory | Mon & Thu 11:00 AM | 10.1 | ↗ |
| MEG Production Volume | Thu 4:00 PM | 41.52 | ↗ |
| Polyester Production Volume | Thu 4:00 PM | 133.7 | ↗ |
| Jiangsu/Zhejiang Weaving Operating Rate | Thu 4:00 PM | 50.85% | ↘ |
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