Workflow
油价基本面驱动不足,石化继续调整
Sou Hu Cai Jing·2025-09-22 02:17

Group 1 - The petrochemical industry continues to adjust, with the oil and petrochemical index showing a decline of 1.99% compared to last week [1] - Oil product sales and storage performed the best within the petrochemical sector, with a decline of only 0.46% [1] - The report emphasizes the importance of monitoring the progress of phasing out old facilities and upgrading within the petrochemical industry [1] Group 2 - Crude oil prices have decreased, with an increase in US crude oil inventories and a decrease in gasoline inventories [2] - Polyester filament prices and price spreads have declined, while the inventory days for polyester filament in Jiangsu and Zhejiang have increased, leading to a decrease in weaving machine operating rates [2] - The prices of sample polyolefin spot markets remain stable, indicating inventory depletion [2] Group 3 - If demand improves and there is progress in eliminating outdated production capacity, it would be beneficial for the midstream refining sector [3] - The report highlights potential benefits for upstream assets if geopolitical factors lead to a premium on crude oil prices [2]