受地缘影响，原油周内计价风险溢价 | 投研报告

Group 1 - The core view is that the supply and demand for PX and PTA are expected to marginally improve this year, with the PX-naphtha price spread starting to decline, recorded at 326.08 USD/ton on the 15th [2][3] - The oil and petrochemical index performed generally this week, with a decrease of 0.27% compared to last week, while the oilfield services sector showed the best performance within the petrochemical industry, increasing by 1.63% [2] - The crude oil prices have risen, with an increase in US crude oil inventories and a decrease in gasoline inventories [2] Group 2 - In the polyester sector, the price of polyester filament remains stable, with varying inventory days for different varieties in Jiangsu and Zhejiang, and a decline in the operating rate of weaving machines [2] - In the olefins market, the sample PE spot prices have increased, while the petrochemical inventory of polyolefins has decreased [2] - The focus is on the progress of PTA's anti-involution and PX profit recovery, which, if successful, would benefit polyester filament [3]