宏源期货日刊-20250818

Report Industry Investment Rating - No relevant information provided. 2. Core Viewpoints - No relevant information provided. 3. Summaries Based on Related Catalogs Commodity Prices - The price of crude oil on August 15, 2025, was $572.50 per ton, up 0.26% from the previous value [1]. - The price of ethylene in Northeast Asia on August 15, 2025, was $826.00 per ton, with no change from the previous value [1]. - The ex - factory price of ethylene oxide in East China on August 18, 2025, was 6300 yuan per ton, with no change from the previous value [1]. - The price of methanol in East China on August 15, 2025, was 2347.50 yuan per ton, with no change from the previous value [1]. - The含税 price of lignite in Inner Mongolia on August 15, 2025, was 290 yuan per ton, with no change from the previous value [1]. - The settlement price of the main contract of CG on August 15, 2025, was 4374 yuan per ton, down 0.30% from the previous value [1]. - The settlement price of the nearby contract on August 15, 2025, was 4400 yuan per ton, with no change from the previous value [1]. - The price of ethylene glycol in the East China market on August 15, 2025, was 4460 yuan per ton, with no change from the previous value [1]. Price Differences - The price difference between the near - month and far - month contracts on August 15, 2025, was 33 yuan per ton, up from 20 yuan per ton previously [1]. - The basis difference on August 15, 2025, was 86 yuan per ton, up from 83 yuan per ton previously [1]. Operating Conditions - The operating rate of oil - based ethylene glycol on August 15, 2025, was 52.46%, and that of coal - based ethylene glycol was 9.22% [1]. - The operating rate of the PTA industry chain on August 15, 2025, was 86.88%, and that of the textile machinery industry in the Yangtze River Delta was 57.80% [1]. Financial Conditions - The after - tax gross profit of coal - based synthesis gas method on August 15, 2025, was 1512.98 yuan per ton, compared with 1536.66 yuan per ton previously [1]. Price Indexes - The price index of polyester on August 15, 2025, was 8650 yuan per ton, with no change from the previous value [1]. - The price index of polyester chips on August 15, 2025, was 7125 yuan per ton, with no change from the previous value [1]. - The price index of polyester staple fiber on August 18, 2025, was 6400 yuan per ton, up 0.8% from the previous value [1]. - The price index of bottle - grade chips on August 15, 2025, was 5900 yuan per ton, up 0.1% from the previous value [1].