Core Logic: Frequent geopolitical shifts have had diminishing impacts on the market, leading to expectations of loose supply in the long term.
| Category | Date | Oct 14, 2026 | Oct 15, 2026 | Change | % Change | Unit |
|---|---|---|---|---|---|---|
| Crude Oil | ICE Brent | 106.06 | 105.92 | -0.14 | -0.13% | USD/barrel |
| NYMEX WTI | 95.09 | 97.97 | +2.88 | +2.94% | USD/barrel | |
| China INE | 746.50 | 725.20 | -21.30 | -2.94% | CNY/barrel | |
| MX | CFR China | 1254 | 1236 | -18.00 | -1.46% | USD/ton |
| PX | CFR China | 1327.00 | 1310.00 | -17.00 | -1.30% | USD/ton |
| MEG Spot | MEG USD | 700 | 685 | -15.00 | -2.19% | USD/ton |
| MEG RMB | 5722 | 5685 | -37.00 | -0.65% | CNY/ton | |
| PTA Price | PTA USD | 970 | 970 | 0.00 | 0.00% | USD/ton |
| PTA Spot | 7230 | 7060 | -170.00 | -2.41% | CNY/ton | |
| PTA Processing Spread | 493 | 409 | -84.08 | -20.57% | CNY/ton | |
| Polyester | Semi-dull Chip | 8690 | 8590 | -100.00 | -1.16% | CNY/ton |
| Bottle Grade PET | 8880 | 8800 | -80.00 | -0.91% | CNY/ton | |
| Direct Spun Semi-dull POY 150D/48F | 9700 | 9700 | 0.00 | 0.00% | CNY/ton | |
| Direct Spun Semi-dull FDY 150D/96F | 9800 | 9800 | 0.00 | 0.00% | CNY/ton | |
| DTY 150D/48F Low Elasticity | 10600 | 10600 | 0.00 | 0.00% | CNY/ton | |
| 1.4 Denier Direct Spun Staple Fiber | 9030 | 8975 | -55.00 | -0.61% | CNY/ton | |
| Capacity Utilization | PX | 81.36% | 81.36% | 0.00% | 0.00% | -- |
| PTA | 67.63% | 67.63% | 0.00% | 0.00% | -- | |
| MEG | 63.87% | 63.50% | -0.37% | -0.58% | -- | |
| Polyester | 72.17% | 72.17% | 0.00% | 0.00% | -- | |
| Weaving | 50.85% | 51.67% | +0.82% | +1.59% | -- |
Note: Weaving operating rates are updated every Thursday.
| Data Type | Oct 15 | Oct 14 | Rate of Change | Weekly Trend |
|---|---|---|---|---|
| MEG Shipments | 5,900 | 4,100 | +43.90% | ↑ |
| MEG Operating Rate | 63.50% | 63.87% | -0.37% | ↘ |
| MEG Port Inventory | 11.5 | 8.6 | +33.72% | ↓ |
| Polyester Operating Rate | 72.17% | 72.17% | 0.00% | ↘ |
| Filament Sales Ratio | 29.30% | 40.00% | -10.70% | ↘ |
Note: Shipment data refers to figures from the previous working day.
Recent frequent geopolitical changes have had a diminishing impact on the market. Expectations of weakening supply-demand dynamics for ethylene glycol are driving market sentiment, suggesting that the short-term downward trend will likely continue. The operational reference range for the East China market is estimated at 5,600–5,700 CNY/ton.
| Data Type | Release Time | Previous Period Data | Expected Trend This Period |
|---|---|---|---|
| MEG Port Inventory | Mon & Thu, 11:00 AM | 11.5 | ↗ |
| MEG Production | Thu, 4:00 PM | 41.55 | ↗ |
| Polyester Production | Thu, 4:00 PM | 134.08 | ↗ |
| Jiangsu/Zhejiang Weaving Operating Rate | Thu, 4:00 PM | 51.67% | ↘ |
Comments
0