Core Viewpoint - The PX futures market is experiencing a slight decline, with the main contract closing at 7260.0 yuan, down 0.74% from the previous session [1] Group 1: Market Analysis - The PX market is expected to undergo short-term adjustments due to a disconnection between strong expectations driving prices up and declining downstream demand [2] - Supply increases from the restart of production facilities and a drop in downstream demand are expected to weigh on PX prices in the short term [2] - The current PX operating rate is around 88.2%, with a restart of a 1.4 million ton facility and planned maintenance at another facility expected to reduce output by about 10% [3] Group 2: Price Trends - The short-term PX price is anticipated to follow fluctuations in raw material prices, with a current production volume of 745,300 tons, reflecting a 0.39% decrease week-on-week [4] - The main contract's resistance level is noted at around 7675 yuan, while support is seen at approximately 7150 yuan [4] - The overall market sentiment remains cautious, with attention on external factors such as oil price volatility during the holiday period and macroeconomic policy changes [3]
下游需求回落拖累下 对二甲苯期货短期有调整预期
Jin Tou Wang·2026-01-04 08:01