宏源期货日刊-20251112

Group 1: Commodity Prices and Changes - Crude oil price (CFR) on November 12, 2025, was $82.28 per ton, up 0.09% from November 10, 2025 [1] - North Asia ethylene price was $741 per ton on November 10, 2025, with no change [1] - East China ethylene oxide factory - ex price was $6000 per ton on November 11, 2025, with no change [1] - Methanol spot price was $2060 per ton on November 11, 2025, with no change [1] - Inner Mongolia brown coal (tax - included, Q3000) price was $290 per ton on November 11, 2025, with no change [1] -主力合约收盘价 on November 11, 2025, was $3875 per ton, up 1.9% [1] -主力合约结算价 on November 11, 2025, was $3921 per ton, down 0.38% [1] - Near - month contract收盘价 on November 11, 2025, was $3848 per ton, with no change [1] - Near - month contract结算价 on November 11, 2025, was $3848 per ton, with no change [1] - East China market ethylene glycol intermediate price was $4000 per ton on November 11, 2025, with no change [1] - Inner - market ethylene glycol price index was $3945 per ton on November 11, 2025, up 1.8% [1] - Near - far month price difference was $3.00 on November 11, 2025, down from $88 [1] - Basis difference was $5715 per ton on November 11, 2025 [1] -综合乙二醇 price on November 11, 2025, was $6000 per ton, with no change [1] Group 2: Industry Operating Rates - Ethylene glycol production operating rate (oil - based) was 66.16% on November 11, 2025, with no change [1] - Ethylene glycol production operating rate (coal - based) was 60.48% on November 11, 2025, up 0.91% [1] - PTA factory operating rate was 89.70% on November 11, 2025, with no change [1] - Zhejiang textile machine industry PTA chain operating rate was 2.28% on November 11, 2025, with no change [1] Group 3: External Market and Gross Margin - External market crude - oil - made ethylene glycol price was $151.62 per ton on November 10, 2025, down from $146.36 [1] - External market ethylene - made ethylene glycol price was $109.65 per ton on November 10, 2025, with no change [1] - Tax - after gross margin of coal - based equipment was $1401 per ton on November 11, 2025, down from $1423.94 [1] Group 4: Price Index of Chemical Fibers - Polyester price index was $8000 per ton on November 11, 2025, up 0.29% [1] - Polyester short - fiber price index was $6330 per ton on November 11, 2025, up 0.08% [1] - Bottle - grade chip price index was $6000 per ton on November 11, 2025, with no change [1] Group 5: Equipment Operation Information - A certain 800,000 - ton equipment in East China is expected to operate at a load from May - June 2024 to now [1]