1.31 (Wed).
Today's PTA-25, MEG+27, polymerization cost 67215。
1.International oil prices
The International Monetary Organization raised its global economic growth forecast for this year, and concerns about the demand outlook have eased.
As of January 30, the nymex***03 contract was at 77$82 barrel, up 135%；
ICE Oil **03 contract reported 82$87 barrel, up 057%。
China's ine*** fell 21 to 589 yuan barrels, down 05 to 588$5 barrel.
2.PTA trend
Today's PTA spot price fell 25 to 5975 yuan.
Overnight*** and PX narrow**, PTA cost support performance is average. As the Spring Festival approaches, spot buying gas also tends to be light, **from a high level**. At the same time, some PTA devices are also overhauled, so the first range is relatively limited.
In summary,The current PTA market is either short term or high. The actual trend still needs to pay attention to the **, px trend and the unplanned reduction of processing fee compression.
3.PET trend
The cost support is average, and today's PET market is **narrow**.
Raw materials are mixed, and PET cost support is average. At present, the local supply is still tight, and the processing cost of the superimposed industry is low, and the probability of low-price shipment by the factory is not large. However, as the Spring Festival approaches, the terminal demand is becoming more and more light.
Overall,Under the impasse between supply and demand, the PET market will remain stable in the short term. The actual trend also depends on the **, PTA trend and downstream demand performance.
1.The IMF raised its 2024 global economic growth**
The International Monetary Fund (IMF) has released its latest World Economic Outlook reportThe global economic growth forecast for 2024 was raised to 31%, 0. higher than the value in October last year2 percentage points.
IMF**, the US Federal Reserve, the European Central Bank and the Bank of England will gradually cut their policy rates in the second half of the year. As soon as the news came out, the two oils stopped falling and rebounded.
2.U.S. sanctions on some of Venezuela's energy ** will be reinstated
According to CCTV News, on January 30, local time, the United States issued a statement saying that it had decided not to renew the No. 44 General License for Venezuela.
The LicenseThe temporary authorization for U.S. transactions related to Venezuela's oil or gas industry expires on April 18, 2024.
3.The U.S. Department of Energy announced the purchase of another 3 million barrels**
The U.S. Department of Energy's documents released on Tuesday showedThe U.S. seeks to purchase about 3 million barrels of U.S.-produced sulfur** to replenish the Strategic Petroleum Reserve (SPR).The batch** will be delivered in June.
In 2022**1After 8 billion barrels of oil, Biden is slowly replenishing the Strategic Petroleum Reserve. So far, more than 20 million barrels of oil have been repurchased and the Congressional mandate for about 1 by 2027 has been stopped4 billion barrels sold.
As of January 31,The PET processing fee is 4785 yuan ton.
Data**:p ET matching platform.
Note: The processing fee is less than 600 yuan, and the polyester factory produces at a loss, suggesting that the current PET** is too low. The processing fee is in the range of 600-1000 yuan, the polyester factory is meager and profitable, and the current PET** is at a normal level. The processing fee is higher than the 1,000 yuan range, the profit of the polyester factory is better, and the current PET** is slightly higher. ）