化工周报：PTA装置逐步重启，关注成本支撑

请仔细阅读本报告最后一页的免责声明 2025年期货市场研究报告目录一、价格与价差.........................................................................................................................................4二、PX和PTA供应......................................................................................................................................8三、库存...................................................................................................................................................9四、需求.................................................................................................................................................10五、PF供需存..........................................................................................................................................12六、PR供需存.........................................................................................................................................14图表图1：TA主力合约&基差&跨期价差走势...............................................................................................................................4图2：PX主力合约走势&基差&跨期价差..............................................................................................................................4图3：PF主力合约走势&基差|单位：元/吨..............................................................................................................................4图4：PR主力合约走势&基差|单位：元/吨..............................................................................................................................5图5：PTA华东现货基差.............................................................................................................................................................5图6：短纤主力合约基差|单位：元/吨......................................................................................................................................5图7：PR主力合约基差|单位：元/吨.........................................................................................................................................5图8：PX主力合约基差|单位：元/吨.........................................................................................................................................5图9：PX加工费PXN: PX中国CFR-石脑油日本CFR..............................................................................................................6图10：PTA现货加工费...............................................................................................................................................................6图11：短纤利润|单位：元/吨....................................................................................................................................................6图12：瓶片加工费|单位：元/吨................................................................................................................................................6图13：瓶片次月月差|单位：元/吨............................................................................................................................................6图14：瓶片次次月月差|单位：元/吨........................................................................................................................................6图15：韩国二甲苯异构化利润..................................................................................................................................................7图16：韩国STDP选择性歧化利润............................................................................................................................................7图17：甲苯美亚价差：FOB美湾-FOB韩国.............................................................................................................................7图18：甲苯韩国FOB-日本石脑油CFR.....................................................................................................................................7图19：PTA出口利润...................................................................................................................................................................7图20：PTA负荷开工率|单位：%..............................................................................................................................................8图21：韩国PTA开工率|单位：%..............................................................................................................................................8图22：台湾PTA负荷...................................................................................................................................................................8图23：中国PX负荷.....................................................................................................................................................................9图24：亚洲PX负荷.....................................................................................................................................................................9图25：PTA周度社会库存...........................................................................................................................................................9图26：PX月度社会库存................................................................................