???? 據(jù)ICIS網(wǎng)站2月16日新加坡報(bào)道 由于產(chǎn)品價(jià)格上漲，泰石油全球化工公司（PTTGC）第四季度凈利潤(rùn)較去年同期激增至64.1億泰銖，銷售額同比增長(zhǎng)3%。

????然而，該公司2020年全年業(yè)績(jī)反映出冠狀病毒大流行導(dǎo)致的需求普遍疲軟，銷售額下降20%幾乎使其利潤(rùn)付諸東流。

????該公司的息稅折舊攤銷前利潤(rùn)率從2019年同期的5%上升至2020年第四季度的12%，這得益于烯烴和衍生品業(yè)務(wù)的強(qiáng)勁利潤(rùn)率。

????在此期間，其烯烴和衍生品業(yè)務(wù)的調(diào)整后息稅折舊攤銷前利潤(rùn)率為23%，是去年同期10%的兩倍多。

????PTTGC在2020年最后三個(gè)月的聚乙烯（PE）平均價(jià)格同比上漲22%，為1074美元/噸。

????對(duì)二甲苯（PX）與凝析油的價(jià)差同比下降25%，至191美元/噸，而苯與凝析油的價(jià)差則上升28%，至161美元/噸。

????2020年全年，PTTGC的凈利潤(rùn)縮減至2億英鎊，原因是冠狀病毒大流行期間需求不佳，導(dǎo)致平均產(chǎn)品價(jià)格下跌。

????對(duì)二甲苯市場(chǎng)受到下游精對(duì)苯二甲酸（PTA）和聚酯市場(chǎng)需求減弱的壓力。

????下游的聚對(duì)苯二甲酸乙二醇酯（PET）提供了一些需求支持，主要用于食品包裝和一次性瓶子。

????2020年全年，PTTGC的對(duì)二甲苯至凝析油的價(jià)差同比下降35%，為229美元/噸。

????王磊 摘譯自 ICIS

????原文如下：

????Thailand's PTTGC Q4 net profit surges on strong margins as prices spike

????PTT Global Chemical's (PTTGC) fourth-quarter net profit surged to Thai baht (Bt) 6.41bn from the same period last year on the back of higher product prices, with sales up 3% year on year.

????Its full-year 2020 results, however, reflected a general weakness in demand caused by the coronavirus pandemic, with a 20% decline in sales nearly wiping out its profit.

????The company's EBITDA margin rose to 12% in the fourth quarter of 2020 from 5% in the same period of 2019, supported by strong margins at the olefins and derivatives business.

????Its olefins and derivatives business for the period posted an adjusted EBITDA margin of 23%, more than double 10% registered in the same period a year earlier.

????PTTGC's average polyethylene (PE) prices in the last three months of 2020 were up 22% year on year at $1,074/tonne.

????Its paraxylene (PX) to condensate spread fell by 25% year on year to $191/tonne while its benzene to condensate spread increased by 28% at $161/tonne.

????For the full year of 2020, PTTGC's net profit shrank to Bt200m as average product prices slumped due to poor demand amid the coronavirus pandemic.

????The PX market was under pressure from weaker demand from downstream purified terephthalic acid (PTA) and polyester markets, it said.

????Some demand support was provided by downstream polyethylene terephthalate (PET), mainly for food packaging and single-use bottles.

????For the full-year 2020, PTTGC's PX to condensate spread was down by 35% year on year at $229/tonne.