成本端短期支撑有限 对二甲苯谨慎对待上方空间

Group 1 - The core viewpoint of the article indicates that the domestic futures market for paraxylene (PX) is experiencing a strong upward trend, with the main contract showing significant price fluctuations [1][2] - As of the latest trading session, the main contract for paraxylene opened at 6856.0 yuan/ton, reaching a high of 7044.0 yuan and a low of 6852.0 yuan, resulting in a price increase of 2.82% [1] - Various institutions have provided insights on the future market trends for paraxylene, highlighting that the price is expected to follow fluctuations in international crude oil prices [2] Group 2 - According to Ruida Futures, the recent increase in international crude oil prices, influenced by geopolitical events, is affecting the polyester market [2] - The current PX production stands at 748,200 tons, remaining stable compared to the previous week, with a domestic PX capacity utilization rate of 89.21% [2] - The PTA production is reported at 1,411,100 tons, also stable week-on-week, with a PTA capacity utilization rate of 73.81% [2] Group 3 - Guotou Anxin Futures anticipates that new PX production capacity will be planned for the second half of next year, while maintenance in the first half is expected to lead to a supply decline, suggesting a bullish medium-term outlook for PX [2] - Southwest Futures notes that the PX-Naphtha price spread has seen some recovery, with short-process profits improving slightly, although PX operating rates have decreased marginally [2] - The short-term outlook for PX is expected to be volatile, with caution advised regarding potential price movements and macroeconomic policy changes [2]