Oil prices remain under pressure as supply fears in the Middle East diminish. Tankers are now departing from the Strait of Hormuz after the initial agreement to end the US-Iran war. This has helped ease concerns of a large supply shock. Traders now are factoring in a quicker restoration of Middle Eastern oil flows. This is why Brent oil and WTI oil are dropping towards pre-war levels. The short term structure is also indicating lower prices. August Brent is below September Brent, indicating sufficient near- ...

【烯烃-聚烯烃】 丙烯期货主力合约合约继续下行收跌。受国际油价下行影响,市场整体观望情绪升温。生产企业出货表现平 平,下游维持谨慎刚需买盘,拖累报盘不同幅度让利。高低端交投相对清淡,实单成交重心中位集中。 塑料和聚丙烯期货主力合约日内继续下行收跌。聚乙烯方面,国产供应相对充足,进口货源仍旧偏少,但社会 库存消化速度缓慢,供应压力仍存。下游处需求淡季,集中性需求较少,加之PE价格连续下跌,下游多谨慎观 望,随用随采为主。聚丙烯方面,目前部分检修装置陆续重启,行业开工负荷提升,供应持续缓慢增加,来自 供应端的支撑逐渐减弱。下游谈季特征明显,行业开工负荷持续维持低位,叠加对未来原料价格持想观预期, 采购意愿不足,进一步拖累市场价格。 【聚酯】 油价持续下跌,PX和PTA跌幅超2%。PX当前国内外供应低位,PTA负荷低位有所回升,后市依旧有装置检修预 期,聚酯原料现实偏强;中期PX供应增量主要来自国内外装置复产,PTA行业提负空间大,加工差或承压，关注 上下游博弈。供应很难在短期内快速恢复及下半年有需求向好预期,PX和PTA供需下行驱动减弱,油价拖累为 主。 己二醇周度产量下滑，乙烯法和合成气法均有降负；周度到港量低 ...