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popularplaytoearncryptogames| Naphtha valuation rebounds and PX-N prices fall: China's PTA processing range increased by 6.59% month-on-month

Society 2024年04月27日 13:01 3 editor

Newsletter summary

Naphtha valuation rebound led to energy-SC spread expansion, polyester industry chain profit compression. PX-N and PX-M prices fell month-on-month, China's PTA processing range improved month-on-month, output increased, capacity utilization increased.

popularplaytoearncryptogames| Naphtha valuation rebounds and PX-N prices fall: China's PTA processing range increased by 6.59% month-on-month

Text of news flash

[energy-SC spread expansion, polyester industry chain profit compression] the rebound in naphtha valuation leads to the expansion of energy-SC price spread. however, profits in all aspects of the polyester industry chain are still compressed.

[PX-N spread narrowed, PX average price decreased] PX-N spread narrowed in this cycle. Data on April 24th showed that the average price of PX-N fell to 350.Popularplaytoearncryptogames.54 US dollars per ton, down 1 from the previous monthPopularplaytoearncryptogames.05 US dollars per ton. At the same time, the average price of PX-M also showed a downward trend, to 57.07 US dollars / ton, down 11.70 US dollars / ton from the previous month. Naphtha market prices rebounded, superimposed PX device overhaul, but the spot supply is sufficient, resulting in the PX-N price gap narrowed this week.

[China's PTA processing range improved month-on-month, year-on-year decline] as of April 24, 2024, China's PTA processing range averaged 310.90 yuan / ton, an increase of 6.59% month-on-month and a decrease of 41.09% from the same period last year. In this cycle, the average price of PX decreased significantly, and the month-on-month ratio of PTA processing range increased.

[domestic PTA production increases, capacity utilization increases] domestic PTA production reached 1.3004 million tons this week, an increase of 68800 tons over last week and 112700 tons over the same period last year. The average weekly utilization rate of domestic PTA capacity rose to 75.75%, an increase of 3.98% from the previous month, and a decrease of 3.95% over the same period last year.

[PTA plant changes] in the past week, the operation of the PTA unit has changed, the load of the Yisheng Dahua plant has been increased, and the Hengli Huizhou plant has been restarted, but the shutdown has been reduced.PopularplaytoearncryptogamesThe device continues to be overhauled.

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