基础化工-行业周报：国常会研究提振消费及化解重点产业结构性矛盾继续关注化工核心资产及新材料成长

行业周报|基础化工证券研究报告行业评级行业评级推荐（维持）【兴证化工】化工行业周报———旺季将至有望带动化工品价格上行，继续关注化工核心资产及新材料成长（20250203-20250207）-2025.02.09【兴证化工】化工行业周报———中长期资金入市工作实施方案发布、空调排产数据强劲，继续关注化工核心资产及新材料成长（20250120-20250124）-2025.1.26【兴证化工】化工行业周报———出口压制预期缓和有望带动轮胎估值修复，继续关注化工核心资产及新材料成长（20250113-20250117）-2025.01.19S0190523070006liuzihan@S0190522030003jijin@S0190521100002zhangxun19@S0190524070001chenlei22@国常会研究提振消费及化解重点产业结构性矛盾，继续关注化工核心资产及新材料成长投资要点：l国务院常务会议研究提振消费以及化解重点产业结构性矛盾政策措施，金三银四传统涤纶长丝、有机硅、氨纶、维生素等子行业。利有望快速修复。建议关注：合盛硅业、东请阅读最后评级说明和重要声明行业周报|基础化工请阅读最后评级说明和重要声明2025年行业或仍维持相对较低新增产能增速、需求稳中向好，行业中期维度供需修复2024年全年国内涤纶长丝实际消费量增速达约9.6%，绝对增量超300万吨；表观消l山东地炼开工率下行压缩石油焦供给，产品价格大幅上行，关注地炼开工率低位对炼比下跌0.58pcts，同比下跌1l本周国际油价先涨后跌，后续仍需跟踪地缘政治局势变化、特朗普能源政策价下行，当下需求端美国宏观经济数据边际变化或为影响油价短期走势的主要因素之在当前扩产周期中保持市场份额增长。重点推荐：万华化学、华鲁恒请阅读最后评级说明和重要声明字当头”，随后财政部等多部门协同发力、助力经济企稳回升。政策持续发产市场止跌回稳预期升温，当前相关化工品多数已处普亏阶段，若地产类油气生产企业业绩与油价相关联，当前油价震荡背景下有望助力其保持请阅读最后评级说明和重要声明4/22l供需偏紧，氯化钾价格上行。据百川盈孚，本周国内氯化钾市场拉涨，报价不断追高，市场询单积极。具体来看，供应端，国产钾供应偏紧，本周国内氯化钾产量77680吨，环比持平；开工率39.4%，环比持平。进口钾货源集中，市场流通货源有限，贸易商惜售观望。需求端，节后市场启动中，下游刚需采买跟进。截至2025年2月14日，氯化钾（62%粉俄白,青岛港）价格为2900元/吨，环比上涨8.2%。l厂家报价回升，VA价格有所上涨。据百川盈孚，2月7日有维生素A厂家恢复出厂报价至160元/公斤、170元/公斤；另据市场消息反馈，2月12日有二线厂家维生素A110元/公斤有对外接单。上半周，受厂家恢复报价提振，经销商市场行情偏强运行，主流成交价上涨至115元/公斤附近。截至2025l供给趋紧预期带动油价上行但后续俄乌冲突存缓和预期，国际油价先涨后跌。供给端，据塔斯社上周五报道，俄罗斯联邦反垄断局可能对大型生产商实施为期一个月的汽油出口禁令，以在作物播种季前稳定批发价。供给趋紧预期一定程度拉涨油价。但后续，当地时间2月12日，美国总统特朗普表示，他当天与俄罗斯总统普京进行了一次长时间且非常富有成效的电话交流，特朗普表示，双方希望结束俄乌冲突并同意紧密合作，普京同意特朗普有关通过谈判实现长期解决乌克兰问题的观点。这一事件或显著带动市场对于俄乌冲突缓和预期，国际油价有所回落。截至2025年2月14日，WTI期货结算价较上周上涨0.2.%至70.74美元/桶；Brent期货结算价较上周上涨0.6%至74.74美元/桶。l上下游同步提负，乙二醇价差基本持平。供给端，据隆众资讯数据，当周国内乙二醇产量41.94万吨，环比上周增加2.42%；需求端来看，下游聚酯产量138.26万吨，环比上升1.83%。库存端，当周国内华东主港乙二醇库存69.27万吨，环比上周上升12.14%。截至2025年2月14日，乙二醇(华东)价格为4738元/吨，环比上涨0.4%，乙二醇-乙烯价差455元/吨，环比收窄1.0%。l供需两方面因素共同带动，丙酮价格上涨。供给端，据百川资讯，本周国内丙酮产量61063吨，环比下降5.72%。此外，多家酚酮工厂或将进行计划外检修、部分工厂合约减量，总体市场对后续供给存缩减预期。需求方面，下游MMA及MIBK开工率均有所提升。综合来看，供需两方面因素共同带动请阅读最后评级说明和重要声明丙酮价格上行。截至2025年2月14日，丙酮(华东)价格为6550元/吨，环比上涨9.2%，苯酚+丙酮-原料价格1689元/吨，环比扩大61.2%。l上下游负荷同步回暖，涤纶长丝价差总体持平。供给端，据隆众资讯数据，当周涤纶长丝行业开工率约为87.21%，较上期上调6.54pcts。需求端，本周涤纶长丝下游开工继续回升：据隆众资讯数据，当周江浙地区织造样本企业开机率34.43%，较上期回升15.81pcts，江浙印染样本企业开机率42.39%，较上期提升22.76pcts；下游终端订单方面，据隆众资讯数据，国内织造样本企业订单天数7.48天，较上期增加0.63天；备货节奏方面，当周下游纺织企业原料库存天数9.99天，较上期下降0.20天；库存方面，当周POY、FDY、DTY库存分别为15.3天、20.9天、25.7天，较上期分别上升16%、上升7%、上升5%。截至2025年2月14日，涤纶长丝POY、DTY、FDY价格分别为7325元/吨、8500元/吨、7900元/吨，环比分别上涨0.3%、持平、持平；与原材料价差分别为1371元/吨、2546元/吨、1796元/吨，环比分别收窄0.9%、收窄1.4%、收窄0.7%。行业周报|基础化工表1、重点跟踪化工产品价格与价差指数中国化工品价格指数CCPI-0.3%0.6%-0.4%0.7%人民币对美元汇率(中间价)-0.0%0.0%-0.3%-0.2%人民币对欧元汇率(中间价)-0.7%0.3%美元指数--0.6%-1.3%-2.1%-1.7%S&P500-2.0%2.9%黄金现货价美元/盎司3.7%7.4%CRB商品价格指数-2.3%2.9%货代运价指数CFFI:中国-欧洲-0.0%0.0%0.0%-0.2%货代运价指数CFFI:中国-北美 0.0%0.0%0.0%0.0%原油WTI期货(主连合约)美元/桶0.2%-2.5%-9.2%-4.4%Brent期货(主连合约)美元/桶0.6%-2.6%-7.5%-2.3%WTI期货(次月合约)美元/桶-1.4%-8.6%-1.9%Brent期货(次月合约)美元/桶-1.6%-6.6%-1.0%WTI期货(第12月合约)美元/桶0.4%-3.2%-1.6%Brent期货(第12月合约)美元/桶-0.8%-4.4%-1.0%WTI现货美元/桶-2.0%-9.4%-2.5%Brent现货美元/桶0.3%-3.2%-8.5%-1.6%Dubai现货美元/桶-0.8%-1.5%-12.3%-1.9%Cinta现货美元/桶-1.1%-2.8%-10.6%-1.5%美国原油钻井数口0.2%0.0%-0.6%美国商业原油库存千桶3.7%2.9%Brent-WTI期货主连合约价差美元/桶48.7%-5.4%37.5%56.9%WTI主连合约-次月合约美元/桶-0.4-266.7%-214.3%-1433.3%-127.4%Brent主连合约-次月合约美元/桶-82.2%-90.8%-90.9%-92.5%WTI主连合约-第12月合约美元/桶-17.3%-39.4%-60.6%-40.2%Brent主连合约-第12月合约美元/桶-24.2%-45.3%-61.6%-38.6%三地原油简单10天平移均价美元/桶-2.5%-5.9%-4.4%炼油中国92#汽油(镇海炼化)0.0%0.0%0.0%4.0%中国0#柴油(镇海炼化)0.0%0.0%0.0%4.3%美国海湾汽油FOB美分/加仑-0.1%3.4%-1.2%4.4%美国柴油(纽约)美分/加仑3.7%0.4%-5.3%欧洲ARA柴油(CIF)美元/吨2.6%-4.5%亚洲柴油(新加坡)美元/桶2.8%-0.9%-7.0%0.0%92#汽油新加坡FOB美元/桶-0.4%-2.5%2.0%含硫0.05%柴油新加坡FOB美元/桶-1.7%-8.3%-0.9%航空煤油新加坡FOB美元/桶0.5%-1.2%-6.0%2.7%请阅读最后评级说明和重要声明行业周报|基础化工新加坡石脑油FOB美元/桶2.3%-1.0%-0.2%日本石脑油CFR美元/吨0.4%0.0%-3.0%0.5%美国LPG美分/加仑0.8%3.6%-4.7%8.5%液化气(华东)0.0%2.4%-2.1%-1.3%丙烷(华东冷冻CFR)美元/吨-1.3%-2.2%-4.0%-2.2%丁烷(华东冷冻CFR)美元/吨-1.3%-2.2%-4.1%-2.2%正丁烷(山东)-0.9%0.5%-1.1%-0.6%基础油(150SN,东北)0.0%-1.0%-0.2%4.6%120#溶剂油(华东)0.0%0.0%0.0%0.0%混调高硫180CST(华东)2.8%2.8%2.8%4.8%58#半炼石蜡(华南)0.0%0.0%0.0%0.0%重交沥青(华南)0.0%改性沥青(华南)0.0%国内主营汽油出厂价-原油价差美元/吨-1.3%6.0%21.6%27.4%国内主营柴油出厂价-原油价差美元/吨-1.9%9.4%36.8%43.2%国内主营成品油价-原油价差美元/吨-1.3%6.2%22.4%28.4%国际汽油市场价-原油价差美元/吨-2.8%34.2%31.9%40.3%国际柴油市场价-原油价差美元/吨2.0%52.4%国际成品油市场价-WTI原油价差美元/吨39.4%国际成品油市场价-Brent原油价差美元/吨5.7%9.2%37.2%新加坡FOB汽油价-Brent原油价差美元/吨6.8%29.2%27.4%新加坡FOB柴油价-Brent原油价差美元/吨3.4%4.4%-13.2%9.8%新加坡FOB航空煤油价-Brent原油价美元/吨-0.1%5.5%0.8%30.6%差美湾WTI321价差美元/桶8.7%29.9%24.4%美湾Brent321价差美元/桶22.4%54.6%29.4%亚洲Minas321价差美元/桶56.7%28.2%中东Dubai321价差美元/桶-0.5%34.2%中国沥青开工率%-0.6%0.8%-17.0%6.0%美国炼厂开工率%0.6%-7.3%-8.3%天然气美国HenryHub期货(主连合约)美元/MMBtu6.5%-14.8%-0.9%英国NBP现货(远期合约)便士/Therm-5.4%-1.9%3.5%美国HenryHub现货美元/MMBtu33.8%42.0%2.8%20.0%美国N.Y.Hub现货美元/MMBtu49.7%75.0%36.5%英国NBP现货美元/MMBtu-4.4%-1.5%4.6%德国GPL现货美元/MMBtu-3.0%-3.5%-1.4%-0.7%TTF现货欧元/兆瓦时-3.7%0.2%5.2%TTF期货(次月合约)欧元/兆瓦时-7.3%-2.2%3.9%日本LNG现货美元/MMBtu-1.4%4.6%2.8%中国LNG现货(华北)4.2%2.8%-0.7%-0.9%美国天然气库存十亿立方英尺-4.2%-10.7%-26.3%-32.7%煤无烟煤(Q6500,晋城)0.0%0.0%0.0%0.0%请阅读最后评级说明和重要声明行业周报|基础化工烟煤(Q5500,山西优混)-1.3%-2.6%-2.6%-2.6%动力煤(Q5500,环渤海指数)0.0%-0.3%-0.4%-0.7%焦精煤(太原)0.0%-2.9%-2.9%-2.9%煤焦油(华东)5.4%6.0%9.9%工业萘(华东)0.0%兰炭-8.5%-9.1%-9.1%-9.1%焦炭(河北)-6.8%-7.5%-9.9%-12.8%冶金焦（一级，华北）-3.5%9.2%-6.6%-9.6%气化焦（山西）-3.8%-14.4%-17.8%-8.8%CTO价差(聚烯烃均价-烟煤）0.7%焦炭-焦精煤价差-650-550--610--560--510-C1乙二醇(华东)0.4%0.0%-1.9%-1.6%0.0%0.0%-3.0%-2.3%液氨(山东)3.8%-1.6%-6.0%尿素(山东)3.7%5.0%三聚氰胺(四川)0.9%0.9%-1.8%硝酸(华东)-2.6%-4.4%-7.7%-4.4%硝酸铵(陕西)0.0%0.0%0.0%0.0%硝酸钠(华东)0.0%0.0%-3.8%-6.1%甲醇(华东)-1.8%-1.2%-3.3%-4.5%一甲胺(华鲁）8.2%5.0%二甲胺(华鲁）0.0%三甲胺(华鲁）0.0%8.3%8.3%8.3%DMF(华东)6.2%醋酸(华东)0.0%0.7%3.5%醋酐(华鲁)0.8%-0.2%0.4%4.5%醋酸乙烯(华东)3.8%4.3%4.3%8.9%PVA(1799,四川维尼纶)0.0%0.0%0.0%0.0%醋酸乙酯(华东)3.2%醋酸丁酯(华东)3.5%3.5%3.5%甲醛(河北)0.0%0.0%0.0%0.0%甲酸(国内)0.0%0.0%0.0%0.0%二甲醚(河南)0.0%0.0%0.0%0.0%乙二醇-乙烯价差-1.0%-9.5%-22.5%-20.5%乙二醇-烟煤价差2.8%3.7%-1.1%-0.3%煤制草酸价差-0.5%-3.2%-3.2%淀粉制草酸价差0.3%0.2%-5.1%-4.2%液氨-烟煤价差9.5%6.6%-0.5%-9.2%尿素-液氨价差-1.4%46.8%76.0%请阅读最后评级说明和重要声明行业周报|基础化工三聚氰胺-尿素价差元/吨硝酸铵-液氨价差元/吨甲醇-烟煤价差元/吨MTO价差(乙烯/丙烯-甲醇)元/吨MTO价差(PP/PE-甲醇)元/吨一甲胺-甲醇-液氨价差元/吨二甲胺-甲醇-液氨价差元/吨DMF-甲醇-液氨价差元/吨醋酸-甲醇价差元/吨醋酐-醋酸价差元/吨乙烯法醋酸乙烯价差元/吨电石法醋酸乙烯价差元/吨PVA-电石价差元/吨二甲醚-甲醇价差元/吨-18.8%-18.8%-3.0%-2.2% 30.4%30.4%30.4%23.6%43.0%2.9%22.6%0.6%29.0%-1.8%-1.5%-20.0%-20.0%-3.9% 25.2%25.2%38.6%51.0%-2.9%30.0%2.3%72.7%-30.9%-30.9%5.6%-5.8% -7.2%-7.2%63.8%47.5% 7.2%41.6%72.0%3.2%-0.2% -727-913-908-1060-116120.6%46.2%22.5%42.4%2.6%-2.4%37.3%-210乙烷(乙烷(MB)美元/加仑乙烯(东北亚CFR)美元/吨环氧乙烷(华东)元/吨环氧乙烷(华东)元/吨0.6%0.0%-2.5%-2.5%0.0%-6.-6.1%0.0%-6.4%-6.4%-1.4%纯萘减水剂(华东)元/吨0.0%0.0%0.0%0.7%美元/吨美元/吨聚羧酸减水剂单体美元/吨美元/吨聚羧酸减水剂单体TPEG（华东）元/吨乙烯-石脑油价差乙烯-石脑油价差乙烯-乙烷价差环氧乙烷-乙烯价差0.0%0.0%0.0%-1.3%-1.1%-2.1%4.8%2.7%-4.0%4.3%-3.1%3.3%4.5%-9.2%丙烷(山东)丙烷(山东)元/吨丙烯(韩国FOB)美元/吨丙烯(华东)环氧丙烷(华东)碳酸二甲酯DMC(华东)丙二醇(华东)丙烯酸(华东)3.0%3.0%-2.9%-1.8%2.5%0.0%-2.9%-2.9%-2.9%0.0%-0.8%-0.8%0.0%-2.9%-2.9%0.0%0.6%-2.9%-2.4%-1.7%-3.0%-3.9%0.0%0.0%-2.9%-4.3%0.6%-0.6%SAP(日系,华南)元/吨0.0%0.0%0.0%0.0%丙烯酸甲酯(华东)丙烯酸丁酯(华东)正丁醇(华东)异辛醇(华东)环氧氯丙烷(华东)丙烯腈(长三角)NPG(华东)丙烯酰胺(华东)丙烯-丙烷价差美元/吨2.7%-1.0%4.5%0.9%3.8%-2.1%2.3%5.0%-15.8%9.2%4.5%9.2%4.5%3.5%6.7%22.6%2.8%36.2%4.5%0.9%7.9%5.0%2.3%9.0%8.2%-0.4%2.3%8.0%-9.1%请阅读最后评级说明和重要声明行业周报|基础化工丙烯-石脑油价差美元/吨-14.7%-13.5%-2.8%环氧丙烷-丙烯价差-2.7%0.4%-6.4%碳酸二甲酯/丙二醇联产价差-12.3%-5.0%-0.3%3.8%丙烯酸-丙烯价差6.9%3.5%6.2%3.6%丙烯酸甲酯-原材料价差6.8%31.3%34.3%50.5%丙烯酸丁酯-原材料价差-59.8%-39.9%-35.1%SAP-丙烯酸价差-1.4%-1.4%-0.7%0.7%异辛醇-丙烯价差7.2%8.8%20.4%丙烯腈-丙烯-合成氨价差-4.6%-2.1%28.7%NPG-丙烯价差4.2%3.4%4.5%5.5%碳四原料气(齐鲁石化)0.9%8.7%3.7%4.6%醚后C4(燕山石化)0.9%8.0%4.9%5.9%丁二烯(韩国FOB)美元/吨0.0%0.0%9.8%20.7%丁二烯(华东)-0.4%-1.2%0.0%丁酮(华东)-0.3%-0.6%-3.0%0.0%烷基化汽油(华东)0.0%2.4%2.4%6.3%顺酐(华东)-6.1%-3.1%-12.1%0.8%MTBE(石大胜华)-2.5%-3.3%-1.7%叔丁醇0.0%0.0%0.0%0.0%季戊四醇(98%,湖北宜化)0.0%0.0%0.0%0.0%异丁烯(华东)-3.8%-4.7%-4.7%-3.8%异丁醛(华鲁)-1.2%-1.2%-3.6%9.6%MAA(华东)0.7%3.4%3.4%9.2%MMA(华东)-2.0%2.5%7.0%丁二烯-醚后C4价差-2.0%-10.5%-5.3%丁酮-醚后C4价差-2.9%-15.0%-16.4%-10.5%烷基化汽油-碳四原料气价差-1.7%-8.1%0.0%9.6%顺酐-碳四原料气价差-178-164.0%-133.8%-119.9%-442.3%MTBE气分醚化法价差-29.4%-62.3%-3.2%90.2%C3法MMA价差-8.1%-1.1%-2.3%6.4%C4法MMA价差3.6%33.8%28.9%68.4%裂解C5(华东)3.7%5.7%5.7%异戊二烯(华北)3.7%双环戊二烯(山东)0.0%芳烃混合芳烃(山东)-4.2%4.2%纯苯(华东)0.7%2.0%5.8%环己酮(华东)2.7%3.3%3.9%己二酸(华东)-0.6%0.0%0.0%5.0%苯乙烯(华东)-0.7%-1.3%0.3%请阅读最后评级说明和重要声明行业周报|基础化工丙酮(华东)元/吨9.2%3.6%-1.6%0.4%0.7%-4.6%-20.3%61.2%-41.4%4.4%6.5%9.6%2.9%-1.6%0.7%4.4%-1.8%-31.9%51.7%-39.7%-3.3%-7.9%9.6%3.2%-1.6%3.9%苯酚(华东)元/吨双酚A(华东)元/吨-1.1%8.3%21.3%-34.6%-41.0%65.3%-20.4%甲苯(华东)元/吨二甲苯(华东)元/吨0.7%苯酐(华东)元/吨纯苯-石脑油价差元/吨己二酸-纯苯-硝酸价差元/吨苯乙烯-纯苯-乙烯价差元/吨苯酚+丙酮-原料价格元/吨双酚A-苯酚-丙酮价差元/吨苯酐-二甲苯价差元/吨苯酐-工业萘价差元/吨-1.6%-20.3%45.5%-40.7%8.2%-4.0%化纤PX(华东)元/吨0.0%0.0%5.2%5.2%-2.8%-2.1%-1.7%-1.1%-1.2%-1.6%5.2%5.2%3.7%3.6%2.4%2.5%2.5%3.6%PX(进口CFR)美元/吨-0.8%0.7%-1.4%0.7%PTA(华东)聚酯切片(瓶级)聚酯切片(半光切片)聚酯切片(有光切片)聚酯切片(纤维级,华东)涤纶短纤(1.4D,38毫米,华东)0.3%-0.5%-0.5%0.2%0.2%-0.7%0.6%-1.0%0.4%再生短纤(1.5D,仿大化）元/吨0.0%0.0%0.0%0.0%涤纶长丝(POY)再生POY长丝(150D/96F)涤纶长丝(DTY-150D)涤纶长丝(FDY68D)涤纶长丝(FDY150D)涤纶工业丝(湖州尤夫）棉短绒高密短丝级浆粕(华东)进口阔叶浆美元/吨粘胶短纤(1.5D,38毫米)粘胶长丝(120D无光)己内酰胺(华东)尼龙6(高速纺半光)0.3%0.0%0.0%0.0%0.3%0.3%0.0%0.0%0.0%0.3%0.3%0.0%0.0%0.0%0.0%3.5%-3.5%2.4%2.6%3.0%3.5%8.0%-2.5%2.3%3.6%-1.3%2.3%3.6%-1.3%2.3%-2.5%0.0%0.0%0.0%0.0%0.0%2.6%-6.5%4.2%2.5%2.6%-6.5%5.4%2.9%-6.5%7.2%-6.5%锦纶6POY(86D/24F，江浙)元/吨0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.9%0.0%0.0%0.0%-0.7%0.0%-0.6%锦纶6DTY(70D/24F，江浙)元/吨锦纶6FDY(70D/24F，江浙)己二胺(国内)尼龙66(EPR27)腈纶短纤(1.5D,38毫米)4.3%4.3%0.0%0.0%0.0%0.7%2.8%行业周报|基础化工0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%BDO(华东)-1.8%-0.4%0.0%1.1%BDO(华东)-1.8%-0.4%0.0%1.1%PTMEG(1800)PTMEG(1800)40.5%-2.3%-52.7%5.2%40.5%-2.3%-52.7%5.2%-1.3%-4.3%-27.4%-6.8%-6.5%0.8%-0.9%-1.4%-0.7%PX(华东)-石脑油价差-0.1%22.6%-15.7%8.5%9.4%8.8%-3.1%6.0%2.2%-10.4%85.8%22.0%-31.9%-10.3%-4.6%-9.8%-2.5%-8.7%-29.0%3.0%-11.5%2.7%32.2%-11.8%-20.6%-19.7%-3.7%-2.8%-2.5%-2.2%-8.9%31.0%-11.5%-14.6%-6.7%-9.8%5.2%7.6%7.7%-9.0%47.8%-16.3%-10.3%-4.6%-11.3%0.2%-8.7%7.6%6.6%-4.2%-7.9%-3.5%-5.2%0.2%0.0%0.0%-10.1%-11.6%5.5%0.8%6.3%2.0%38.4%-10.1%5.4%0.0%0.0%0.0%0.5%-7.9%9.1%2.7%32.2%-11.8%-20.6%-19.7%-3.7%-2.8%-2.5%-2.2%-8.9%31.0%-11.5%-14.6%-6.7%-9.8%5.2%7.6%7.7%-9.0%47.8%-16.3%-10.3%-4.6%-11.3%0.2%-8.7%7.6%6.6%-4.2%-7.9%-3.5%-5.2%0.2%0.0%0.0%-10.1%-11.6%5.5%0.8%6.3%2.0%38.4%-10.1%5.4%0.0%0.0%0.0%0.5%-7.9%9.1%2.8%-15.4%7.7%-7.9%55.8%23.2%51.0%-8.3%0.9%-5.4%72.7%41.3%41.3%-31.3%7-7.9%96.9%71.4%36.3%70.6%-21.4%21.7%6PX(进口CFR)-石脑油价差PTA-PX(华东)价差PTA-PX(进口CFR)价差PET瓶级-PTA-MEG价差PET半光-PTA-MEG价差PET有光-PTA-MEG价差涤纶短纤-PTA-乙二醇价差POY-PTA-MEG价差DTY-PTA-MEG价差FDY-PTA-MEG价差粘胶短纤-进口溶解浆-烧碱价差粘胶长丝-棉短绒-烧碱价差己内酰胺氨肟化法价差己内酰胺HPO法价差尼龙6-己内酰胺价差锦纶6POY-尼龙6价差锦纶6DTY-尼龙6价差锦纶6FDY-尼龙6价差尼龙66-己二酸价差尼龙66-己二酸-己二胺价差腈纶短纤-丙烯腈价差BDO电石法价差BDO顺酐法价差PTMEG-BDO价差氨纶-纯MDI-PTMEG价差PTA流通环节库存MEG库存涤纶POY库存涤纶FDY库存涤纶DTY库存涤纶短纤库存CPL库存锦纶切片库存锦纶长丝库存美元/吨天千吨天天天天万吨天天请阅读最后评级说明和重要声明行业周报|基础化工粘胶短纤库存天990.0%580.0%580.0%580.0%AN库存天320.0%20.0%20.0%30.0%腈纶库存天3.0%3.0%6.3%3.0%氨纶库存天444.3%聚酯聚合开工率%3.7%7.3%-6.1%江浙地区织机开工率%84.9%-18.9%-37.9%氯碱原盐(山东)0.0%0.0%0.0%电石(西北)-1.0%-4.8%-3.6%-5.0%烧碱(32%离子膜,华北)-1.0%3.0%8.4%27.2%液氯(山东)-550-350 -500 -500 -466.7%PVC(乙烯法,长三角)0.0%0.0%0.0%PVC(电石法,长三角)-0.3%0.4%-0.6%PVC糊树脂(M31,沈阳化工)-3.7%-3.7%-3.7%-2.5%纯碱(轻质,华东)-2.2%-2.9%-2.9%-7.0%纯碱(重质,华东)0.0%0.0%0.0%-3.4%华北玻璃（5mm，大板）元/平方米0.0%0.0%0.0%0.0%小苏打(国内市场价）-0.1%-0.2%-0.2%-0.3%电石-兰炭价差-3.4%-1.8%-3.7%烧碱+液氯-原盐价差-8.8%9.9%PVC乙烯法价差4.7%-0.5%-0.1%26.5%PVC电石法价差3.0%40.0%58.9%氨碱法价差3.2%3.2%-13.1%联碱法价差2.8%5.8%5.8%-15.1%天然碱法价差0.5%-3.8%纯碱库存万吨31.4%31.3%29.7%PVC社会库存万吨4.0%8.4%化肥尿素(山东)3.70%5.0%尿素(大颗粒,美国海湾)美元/吨0.0%6.2%5.0%碳铵(山西)0.0%0.0%0.0%-4.8%氯化铵(农湿,江苏华昌)0.0%0.0%0.0%-8.3%硫酸铵(山东临沂)8.7%8.7%8.7%硫磺(镇江港)0.3%4.4%4.8%5.8%磷酸一铵(55%粉,江苏)0.0%0.00%0.0%-1.6%磷酸一铵(摩洛哥FOB)美元/吨0.0%0.8%磷酸二铵(64%,长三角)0.0%-5.1%-5.1%-5.7%磷酸二铵(美国海湾)美元/吨0.0%0.8%氯化钾(60%粉,青海)0.0%0.0%0.0%0.0%氯化钾(62%粉俄白,青岛港)8.2%9.4%氯化钾(温哥华)美元/吨0.0%-0.4%3.0%3.0%请阅读最后评级说明和重要声明行业周报|基础化工硫酸(98%,长三角)0.0%0.0%0.0%0.0%硫酸钾(50%,山东)5.4%7.9%9.6%9.6%复合肥(45%CL,湖北)0.0%0.0%0.0%-2.5%尿素-烟煤价差4.5%尿素-无烟煤价差9.0%2.8%7.4%尿素-LNG价差-180-165 -149 -272 -247 一铵-磷矿石-液氨-硫磺价差-4.3%-11.1%-9.0%-19.5%二铵-磷矿石-液氨-硫磺价差-4.1%-32.4%-31.0%-31.6%复合肥价差-5.9%-2.0%-7.7%-24.6%磷化工磷矿石(30%,贵州)0.0%0.0%0.0%0.0%磷矿石(68%-70%,印度CFR)美元/吨0.0%0.0%0.0%0.0%黄磷(贵州)0.0%0.6%0.6%2.2%磷酸(华东)0.0%0.0%0.0%三聚磷酸钠(工业级,华中)0.0%0.0%0.0%0.0%工业磷酸一铵(73%)磷酸氢钙(17%，云南)3.8%5.0%5.0%2.6%磷酸二氢钙(贵州)-2.4%-2.4%-2.4%-2.4%二甲基亚砜(湖北兴发)-9.7%-9.7%-9.7%-12.5%三聚磷酸钠-黄磷-纯碱价差-3.9%-3.9%-21.3%农药甘氨酸(重庆)-1.9%-4.5%-6.7%-9.5%二乙醇胺(茂名实华)0.0%8.3%8.3%亚氨基二乙腈(华东)0.0%0.0%0.0%0.0%双氧水(27.5%，山东)-8.9%-10.5%0.0%双甘膦(98%,华东)0.0%0.0%0.0%0.0%草甘膦(华东)0.0%0.0%-0.8%-0.8%2,4D(96%,华东)0.0%0.0%0.0%0.0%阿特拉津(97%,华东)0.0%0.0%0.0%0.0%百草枯(华东)0.0%0.0%0.0%-1.7%敌草隆0.0%0.0%0.0%0.0%二甲戊灵0.0%0.0%0.0%0.0%吡啶(华东)0.0%0.0%0.0%草铵膦0.0%0.0%0.0%-2.3%氟磺胺草醚0.0%0.0%0.0%0.0%烯草酮0.0%0.0%-1.4%-2.7%硝磺草酮0.0%0.0%0.0%0.0%麦草畏(95%,华东)0.0%0.0%0.0%0.0%氯氰菊酯(江苏扬农)0.0%0.0%0.0%0.0%高效氯氟氰菊酯0.0%0.0%0.0%0.0%贲亭酸甲酯0.0%0.0%-2.5%-2.5%请阅读最后评级说明和重要声明行业周报|基础化工联苯菊酯(99%,华东)0.0%0.0%0.0%0.0%阿维菌素精粉3.2%3.2%吡虫啉(95%,华东)0.0%0.0%0.0%-0.7%啶虫脒0.0%0.0%0.0%-1.4%CCMP0.0%0.0%-3.3%-3.3%噻虫嗪0.0%0.0%0.0%0.0%毒死蜱(96%,华东)0.7%0.7%2.0%2.0%三环唑0.0%0.0%0.0%0.0%代森锰锌0.0%0.0%0.0%0.0%甲基硫菌0.0%0.0%0.0%0.0%多菌灵(98%,华东)0.0%0.0%0.0%0.0%百菌清0.0%0.0%0.0%0.0%吡唑醚菌酯-1.3%-1.3%-1.3%-1.3%苯醚甲环唑-0.5%-0.5%-0.5%-0.5%氯乙酸(河北)0.0%0.0%0.0%0.0%三氯化磷(99%,江苏)-2.6%-2.6%-4.3%-6.7%乙腈(吉林石化)0.0%0.0%-1.1%-1.1%对硝基氯化苯0.0%0.0%-0.8%-0.8%邻硝基氯化苯0.8%0.8%0.0%0.0%功夫酸0.0%0.0%0.0%0.0%草甘膦甘氨酸法价差5.6%5.0%5.4%草甘膦IDA法价差2.4%-5.0%-8.4%-8.4%聚氨酯苯胺(华东)0.0%2.2%-2.1%纯MDI(华东)-1.5%2.4%3.5%4.6%纯MDI(进口外盘)美元/吨0.0%2.4%2.4%2.4%聚合MDI(华东)0.0%2.2%2.7%3.3%聚合MDI(进口外盘)美元/吨0.0%0.0%0.0%0.0%MDI综合价格(华东)-0.5%2.2%3.0%3.7%MDI-50(华东)0.0%0.0%0.0%0.0%液化MDI(华东)0.0%3.6%4.7%TDI(华东)7.3%7.3%TDI(T80,外盘)美元/吨0.0%0.0%0.0%0.0%HDI(三聚体,华东)0.0%0.0%0.0%0.0%IPDI(华东)硬泡聚醚(华东)-3.1%-3.1%-3.1%-4.3%软泡聚醚(华东)-0.6%0.0%0.0%-4.3%高回弹聚醚(330N,华东)-2.2%-2.2%-2.2%-3.3%CASE聚醚(220/210,华东)0.0%0.0%0.0%0.0%F141B发泡剂(华北)3.7%请阅读最后评级说明和重要声明行业周报|基础化工鞋底原液(鞋中底,华东)0.0%0.0%0.0%0.0%浆料(干法,华东)0.0%0.0%0.0%0.0%聚酯多元醇（AA/BG/EG,华东)0.0%0.0%0.0%-2.2%TPU(鞋材,华东)0.0%0.0%0.0%-1.4%苯胺-纯苯-硝酸价差-1.0%4.8%-25.3%华东纯MDI-苯胺-甲醛价差-2.4%3.2%4.4%9.0%华东纯MDI-纯苯-甲醛价差-2.3%2.8%4.3%华东聚合MDI-苯胺-甲醛价差0.0%2.9%3.2%7.0%华东聚合MDI-纯苯-甲醛价差-0.3%2.6%2.5%华东MDI综合价差(至纯苯)-0.9%2.6%3.3%3.0%TDI-甲苯-硝酸-烧碱价差2.2%HDI-己二胺价差0.0%-5.7%-5.7%0.0%硬泡聚醚-环氧丙烷价差-14.2%-8.3%-6.3%-5.0%TPU价差-1.6%-2.2%-5.1%橡胶天然橡胶(国产5号标胶)0.3%0.0%-0.2%丁苯橡胶(1502,齐鲁石化)-0.8%-1.0%-1.6%3.7%顺丁橡胶(BR9000,高桥石化)0.0%0.0%丁腈橡胶(N41E,华北)0.0%3.9%丁基橡胶(1751,燕山石化)0.0%0.0%0.0%6.3%氯丁橡胶(A-90,华东)0.0%0.0%0.0%0.0%SBS(815,华东)0.0%0.0%0.0%3.6%三元乙丙橡胶(J-4045,华东)0.0%0.0%0.4%0.4%防老剂RD(华北)5.3%7.7%7.7%7.3%防老剂4020(华北)8.7%促进剂M(华北)0.0%0.0%0.0%0.0%促进剂CZ(华北)0.0%0.0%0.0%-1.3%促进剂NS(华北)0.0%0.0%0.0%0.0%炭黑(N330，山东)3.0%7.8%锦纶6帘子布(山东,1260-1680D)0.0%0.0%0.0%-2.5%炭黑-煤焦油价差-10.9%6.5%-4.7%-31.9%全钢胎工厂库存天-1.0%-3.2%-3.1%2.8%半钢胎工厂库存天-0.7%44-4.1%-1.6%-0.3%塑料聚碳酸酯PC(科思创2805,华东)0.6%0.6%0.6%2.3%PMMA(CM-207,镇江奇美)-0.5%-1.6%-2.6%-2.6%LDPE(2426H,华东)3.0%2.0%-5.1%LLDPE(7042,华东)0.0%-0.6%-1.8%-6.3%HDPE(2480,华东)0.0%0.0%0.0%0.0%PP粒(1100,均聚注塑)0.7%0.6%-0.6%-1.6%PS(PG-33,华东)0.0%0.0%0.9%0.0%请阅读最后评级说明和重要声明行业周报|基础化工BOPP(18U,华东)0.0%0.0%0.0%0.0%BOPET(12U,华东)0.0%0.0%0.0%0.0%POM(M90,华东)3.6%3.6%3.6%ABS(PA-757K,华东)0.0%0.0%0.8%0.8%PBT(华东)-0.6%-0.6%-0.6%5.7%环氧树脂(E51,华东)0.4%0.4%不饱和树脂(191#,华东)0.0%0.0%0.0%DOP(华东)PBAT(康辉石化）0.0%0.0%0.0%0.0%PLA（安徽丰原）0.0%0.0%0.0%0.0%PBS（蓝山屯河）0.0%0.0%0.0%0.0%聚碳酸酯PC-双酚A价差3.4%3.4%3.4%6.6%PMMA-MMA价差-8.3%-9.7%-16.5%POM-甲醇价差2.5%5.2%6.0%6.4%PBAT-PTA-BDO-AA价差0.3%-1.6%2.4%-8.3%氟化工萤石粉(湿粉,华东)0.0%0.0%0.0%0.0%无水氢氟酸(华东)0.0%0.0%0.9%0.9%二氯甲烷(华东)4.7%4.7%-6.9%三氯甲烷(华东)0.0%0.0%4.8%4.8%三氯乙烯(华东)0.0%3.2%3.2%9.2%四氯乙烯(华东)0.0%0.0%0.0%R22(浙江)R32(浙江)0.0%0.0%0.0%2.4%R125(浙江)0.0%0.0%0.0%2.4%R134a(浙江)3.3%R410a(浙江)3.5%R143a(浙江永和)0.0%0.0%2.3%2.3%R152a(山东华安)0.0%0.0%6.5%28.9%R142b(山东华安)0.0%0.0%0.0%0.0%聚四氟乙烯（浙江巨化）0.0%0.0%0.0%0.0%六氟丙烯（鲁西化工）0.0%0.0%0.0%-2.3%PVDF（粉料，东岳集团）0.0%0.0%0.0%0.0%无水氢氟酸-萤石粉价差0.0%0.0%3.6%3.6%R22+31%盐酸-无水氢氟酸-三氯甲烷2.0%0.8%0.7%价差R32+31%盐酸-无水氢氟酸-二氯甲烷-0.8%-1.0%-0.8%4.2%价差R125+31%盐酸-无水氢氟酸-四氯乙0.0%-0.2%-0.6%0.9%烯价差R134a+31%盐酸-无水氢氟酸-三氯乙0.9%2.9%请阅读最后评级说明和重要声明行业周报|基础化工烯价差烯价差 R410a-R125-R32价差元/吨000 0其他材料元/吨0.0%0.0%-10.4%-10.4%0.0%-13.2%-13.2%-1.2%-17.6%-17.6%0.0%元/吨元/吨0.0%0.0%0.0%0.0%元/吨5.5%-0.9%5.5%-0.9%4.2%4.7%-3.1%3.8%-5.3%脂肪醇(C12-14,华东)元/吨元/吨-0.9%-1.6%4.2%4.2%元/吨0.0%0.0%元/公斤0.0%0.0%0.0%元/公斤0.0%0.0%0.0%0.0%DMC-金属硅-甲醇价差脂肪醇-棕榈仁油价差元/吨22.4%57.6%-0.8%-0.7%-1.3%21.8%57.6%21.4%-28.1%-2.0%-2.6%25.3%-41.5%元/吨吨0.2%0.7%0.0%新能源材料元/吨-2.0%-2.6%元/吨元/吨0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-0.6%-0.7%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-0.6%-0.7%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-1.5%-1.1%元/吨元/吨元/吨元/吨-0.6%-0.7%-5.0%万元/吨万元/吨-1.4%0.0%-0.9%0.0%0.5%0.4%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%万元/吨0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%万元/吨元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨万元/吨-4.0%万元/吨0.0%万元/吨0.0%0.0%0.0%0.0%5.6%2.0%5.6%2.0%5.6%4.0%7.9%7.2%-7.7%6.2%元/吨元/吨元/平方米0.0%0.0%0.0%0.0%0.0%-1.2%干法基膜(14μm)元/平方米请阅读最后评级说明和重要声明行业周报|基础化工元/平方米0.0%0.0%0.0%0.0%铜箔(电池级,8μm)万元/吨0.0%0.5%0.5%0.5%铜箔(电池级,6μm)万元/吨0.0%0.5%0.5%0.5%万元/吨0.0%0.0%0.0%0.0%万元/吨0.0%0.0%0.0%5.6%元/吨0.0%0.0%0.0%0.0%美元/吨0.0%2.5%2.5%2.5%美元/吨0.0%0.0%0.0%0.0%元/吨2.9%3.4%5.4%元/吨2.8%2.8%3.8%元/吨2.5%2.5%2.5%元/吨0.0%0.0%0.0%0.0%元/吨-6.7%-6.7%-6.7%-6.7%元/吨0.0%0.0%-0.4%-2.9%元/吨0.0%0.0%0.0%2.4%元/平方米0.0%0.0%0.0%0.0%元/吨0.0%0.0%0.0%0.0%元/吨0.0%0.0%0.0%0.0%元/吨0.0%0.0%0.0%0.0%元/吨0.0%0.0%0.0%0.0%元/吨-1996-1907--2059--2149--2296-DMC-EO法价差元/吨-232-267 -256 -297 -370 DMC-煤制乙二醇联产价差元/吨0.7%0