推薦產(chǎn)品
3-(4-chlorophenyl)-4-phenyl-4,5-dihydro-1H-pyrazole 2-(chloromethyl)-3-methylpyridinehydrochloride 1-(2-bromo-4-methylphenyl)ethanone 3-chloroisoquinoline-4-carbonitrile 5,8-dichloropyrido[3,2-d]pyridazine 2-bromomalononitrile 2-(4-(bromomethyl)phenyl)benzo[d]thiazole 1-(bromomethyl)-3-methoxy-2-nitrobenzene 6-bromo-1H-[1,2,3]triazolo[4,5-b]pyridine 4-iodo-2-((trimethylsilyloxy)methyl)thiazole 6-iodoimidazo[1,2-a]pyridine-3-carbonitrile 2-(4-chlorophenyl)-2-morpholinoacetonitrile 4-chloro-7H-pyrrolo[2,3-d]pyrimidine 4-chloroisothiazole 5-bromo-6-chloro-1H-indole 7-chloro-3H-imidazo[4,5-b]pyridine ethyl3-(4-formylphenyl)propanoate 2,3-dibromobenzaldehyde 1-(5H-chromeno[2,3-b]pyridin-7-yl)ethanone 5H-chromeno[2,3-b]pyridin-5-one 3-chloroisoquinoline-4-carbaldehyde (E)-2-(3-oxoprop-1-enyl)benzaldehyde methyl4-formyl-3-nitrobenzoate 5,6-dimethoxy-2,2-dimethyl-2,3-dihydro-1H-inden-1-one 1-methylbicyclo[4.1.0]heptan-3-one 3-nitro-4-(trifluoromethoxy)benzaldehyde 2-hydroxyquinoline-6-carbaldehyde 2-nitro-3-(trifluoromethyl)benzaldehyde 1-(2-fluoro-4-methoxyphenyl)propan-2-one tert-butyl3-fluoro-4-oxopiperidine-1-carboxylate tert-butyl3-oxopropylcarbamate 2,2-dimethylcyclohexanone 9H-carbazole-3-carbaldehyde N,N-dimethyl-2-oxoacetamide 2-methylpent-4-yn-2-ol 3-tert-butyl-4-hydroxybenzonitrile 4-bromo-2-tert-butylphenol 1,3-dibutoxypropan-2-ol methyl4-hydroxyquinoline-6-carboxylate methyl3-cyano-4-hydroxybenzoate 4-chloro-6-methoxyquinolin-7-ol 3,4-dihydro-2H-benzo[b][1,4]oxazin-7-ol 2-(2-aminothiazol-5-yl)ethanolhydrochloride (R)-ethyl2-chloropropanoate (S)-4-amino-5-(4,4-dimethylcyclohexylamino)-5-oxopentanoicacid (1s,4s)-4-hydroxycyclohexanecarboxylicacid (S)-2-(tetrahydrofuran-3-yloxy)aceticacid (1S,4R)-1-methyl-4-(prop-1-en-2-yl)cyclohex-2-enol (R)-4-(hydroxymethyl)oxazolidin-2-one (S)-4-(hydroxymethyl)oxazolidin-2-one 化工資訊 核心提要
原油端缺乏有效指引，終端需求持續(xù)旺季不旺，本周聚酯產(chǎn)業(yè)鏈整體承壓回落。
PTA
目前PTA處在檢修期，可以說(shuō)是基本面最好的時(shí)候，庫(kù)存邊際去化。不過(guò)當(dāng)盤(pán)面加工費(fèi)反彈至600以上時(shí)，PTA壓力仍然較大。集中檢修期結(jié)束后，TA面臨較強(qiáng)累庫(kù)預(yù)期，由供給階段性改善帶來(lái)的價(jià)格反彈缺乏持續(xù)性?？傮w來(lái)看，在檢修還未恢復(fù)之前，PTA加工費(fèi)在低位有支撐。
乙二醇
MEG近端庫(kù)存偏低格局未改，但缺乏有效驅(qū)動(dòng)。終端需求旺季不旺，補(bǔ)庫(kù)缺乏持續(xù)性，原料端亦無(wú)指引。而供給端新產(chǎn)能投產(chǎn)利空在4-5月有集中釋放預(yù)期，市場(chǎng)情緒重新轉(zhuǎn)向悲觀。
總體而言，我們認(rèn)為低庫(kù)存和低估值下的EG有支撐，但上漲需要看到驅(qū)動(dòng)，驅(qū)動(dòng)來(lái)自原料指引或終端紡織的持續(xù)主動(dòng)補(bǔ)庫(kù)。
短纖
終端需求旺季不旺，補(bǔ)庫(kù)缺乏持續(xù)性，原料端弱勢(shì)，短纖跟隨弱勢(shì)。短纖自身供需結(jié)構(gòu)健康，即便終端脈沖式剛需補(bǔ)庫(kù)，短纖亦不存在庫(kù)存壓力，整體以逢低做多加工費(fèi)為主。
操作建議：逢低做多PF09利潤(rùn)
