I. Key Focus Points
Core Logic: Frequent geopolitical shifts are having diminishing impact; long-term expectations point toward a loosening supply environment.
II. Price Table
| Product | Date (2026/10/13) | Date (2026/10/14) | Change | % Change | Unit |
|---|---|---|---|---|---|
| Crude Oil | ICE Brent | 106.69 | 106.06 | -0.63 | -0.59% |
| NYMEX WTI | 94.14 | 95.09 | 0.95 | 1.00% | |
| China INE | 732.00 | 746.50 | 14.50 | 1.94% | |
| Methanol (MX) | CFR China | 1252 | 1254 | 2.00 | 0.16% |
| Paraxylene (PX) | CFR China | 1321.00 | 1327.00 | 6.00 | 0.45% |
| MEG Spot | MEG USD | 670 | 700 | 30.00 | 4.29% |
| MEG RMB | 5520 | 5722 | 202.00 | 3.53% | |
| PTA Price | PTA USD | 974 | 970 | -4.00 | -0.41% |
| PTA RMB | 7260 | 7230 | -30.00 | -0.41% | |
| PTA Processing Margin | 548 | 493 | -55.58 | -11.28% | |
| Polyester | Semi-dull Chips | 8730 | 8690 | -40.00 | -0.46% |
| Bottle Grade Chips | 8900 | 8880 | -20.00 | -0.23% | |
| Direct-spun Semi-dull POY 150D/48F | 9775 | 9700 | -75.00 | -0.77% | |
| Direct-spun Semi-dull FDY 150D/96F | 9850 | 9800 | -50.00 | -0.51% | |
| DTY 150D/48F Low Elasticity | 10600 | 10600 | 0.00 | 0.00% | |
| 1.4D Direct-spun Staple Fiber | 9030 | 9030 | 0.00 | 0.00% | |
| Operating Rate | PX | 81.36% | 81.36% | 0.00% | 0.00% |
| PTA | 70.85% | 67.63% | -3.22% | -4.76% | |
| MEG | 64.08% | 63.87% | -0.21% | -0.33% | |
| Polyester | 72.17% | 72.17% | 0.00% | 0.00% | |
| Weaving | 50.85% | 50.85% | 0.00% | 0.00% |
Note: Weaving operating rate data is updated every Thursday.
III. Data Table (Units: Tons, Ten Thousand Tons)
| Data Type | Oct 14 | Oct 13 | Change Rate | Weekly Trend |
|---|---|---|---|---|
| MEG Shipments | 4100 | 5900 | -30.51% | ↑ |
| MEG Operating Rate | 63.87% | 64.08% | -0.21% | ↘ |
| MEG Port Inventory | 8.6 | 10.1 | -14.85% | ↓ |
| Polyester Operating Rate | 72.17% | 72.17% | 0.00% | ↘ |
| PET Filament Sales Ratio | 40.00% | 22.40% | +17.60% | ↘ |
Note: Shipment data refers to the figures from the previous business day.
IV. Market Outlook
Geopolitical uncertainties remain unresolved, keeping crude oil trading strongly. Supply-demand dynamics for ethylene glycol continue to weaken. Following yesterday's rebound from the bottom, momentum has been insufficient. Today, the market is expected to primarily consolidate sideways. The reference range for the East China market is 5650–5750 CNY/ton.
V. Data Calendar (Units: Ten Thousand Tons)
| Data Type | Release Time | Previous Period Data | Expected Current Period Trend |
|---|---|---|---|
| MEG Port Inventory | Mon & Thu 11:00 AM | 8.6 | ↗ |
| MEG Production Volume | Thu 16:00 PM | 41.79 | ↗ |
| Polyester Production Volume | Thu 16:00 PM | 133.7 | ↗ |
| Jiangsu/Zhejiang Weaving Operating Rate | Thu 16:00 AM | 50.85% | ↘ |
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