Supply Side - Increased maintenance of facilities has led to a contraction in supply, with a 900,000-ton facility planned for shutdown by Satellite Petrochemical for approximately 2 months[2] - The operating rate of ethylene glycol was 61.6% as of April 11, down 1.64% week-on-week[2] Demand Side - The polyester operating rate was 90.55% on April 12, unchanged from the previous trading day[2] - Polyester filament sales increased by 10.60% to 51.60% compared to the previous trading day[2] - A new 300,000-ton polyester facility in Shaoxing has commenced production, focusing on light-cut slices and thin films[2] Inventory and Port Dynamics - As of April 11, the main port inventory in East China was 863,400 tons, an increase of 50,600 tons from April 7[2] - The expected arrival volume at the main port in East China from April 12 to April 18 is 105,400 tons[2] Market Logic - General port shipments are average, with slight inventory accumulation pressuring prices, but concentrated maintenance supports prices due to continued supply contraction[2] Trading Strategy - The market is expected to experience short-term fluctuations, suggesting a wait-and-see approach[2]
全球宏观经济与大宗商品市场周报：美国通胀反弹 欧洲央行维持三大利率不变
Fang Zheng Zhong Qi Qi Huo·2024-04-14 16:00