建信期货MEG日报-20250929

Group 1: Report Information - Report Date: September 29, 2025 [2] - Report Type: MEG Daily Report [1] - Research Team: Energy and Chemical Research Team [4] Group 2: Market Review and Operational Suggestions - Futures Market: EG2601 closed at 4,213 yuan/ton, down 36 yuan; EG2605 closed at 4,276 yuan/ton, down 33 yuan. The trading volume of the main contract was 105,146 lots, and the open interest was 326,040 lots [7] - Market Outlook: The current supply - demand structure of ethylene glycol is slightly weak, but due to factors such as intensified geopolitical conflicts, prices may fluctuate widely in the short term [7] Group 3: Industry News - Crude Oil Market: European and American crude oil futures stabilized after hitting a seven - week high. WTI November 2025 futures settled at $64.98 per barrel, down $0.01 (0.02%); Brent November 2025 futures settled at $69.42 per barrel, up $0.11 (0.16%) [8] - Ethylene Glycol Market: In Zhangjiagang, the negotiation price for ethylene glycol before October 17 and in late October was 4,281 - 4,283 yuan/ton, with a basis premium of 68 - 70 yuan/ton over EG2601 [8] - Industry Operation: The operations of PX, PTA, ethylene glycol, and polyester were stable [8] Group 4: Data Overview - Graphs: Include graphs of MEG futures prices, spot - futures price differences, international crude oil futures prices, raw material price indices, PTA - MEG price differences, MEG prices, MEG downstream product prices, and MEG downstream product inventories [10][15][16][18] - Data Source: Wind, Research and Development Department of CCB Futures [7][8][11]