Pbt daily report: Raw Material Prices Rise, Low-Level Prices Rally

1 Today’s Summary

① Today PBT Factory quotations remain mainstream and stable.

② The Zhejiang Changhong facility has delayed its start of operations.

③ Previous issue PBT Output 2.01 10,000 tons, an increase from last week 2.79% 。

2 Spot Market Overview

Table 1 Domestic PBT Price Summary (Unit: RMB/ton)

Based on the East China region, the mainstream price of medium and low viscosity PBT resin today is 10,100-11,000 yuan/ton, an increase from the previous working day. Geopolitical conflicts have sparked supply concerns and a mismatch between industrial supply and demand, leading to continued price increases for the raw material PTA today. BDO supply is tight, with raw material price hikes increasing cost pressures, and the supply side also offers some support, with suppliers maintaining a firm market stance. PBT costs remain high, with low prices not being offered; today, prices at the lower end have risen, while those at the higher end remain firm.

3 Production Dynamics

Last week, the 120,000-ton facility of Yizheng Chemical Fiber resumed production. Domestic PBT supply increased compared to last week. The PBT production last week was 20,100 tons. Growth of 2.79%, with a capacity utilization rate of 45.29%.

4 , Price Prediction

The recent escalation of the Middle East’s geopolitical situation—particularly the involvement of the Iran-backed Houthi militants from Yemen in the Middle East conflict, along with the potential U.S. military “decisive strike”—has been the primary driver behind the sharp rise in oil prices. Amid elevated raw material costs, procurement in the PBT market has turned cautious, downstream restocking sentiment remains weak, and market activity is muted. According to Longzhong Information, the price range for medium-to-low viscosity PBT resin in the East China market is expected to be RMB 10,200–11,500 per ton.

5 Related product information                                       

PTA Market : Today PTA Spot price +100 to 6830 Main port delivery this week and next week 05 Discount 50-62 Close the deal 4 Delivery at the main port before the end of the month 05 Bid discount 50 Negotiations nearby. Supply concerns triggered by geopolitical conflicts and inventory accumulation mismatches between industrial supply and demand, followed by U.S. President Trump stating that Iran has agreed to a ceasefire. “15 Plan Point ” in the above content “ Most of the content ” The sentiment of the commodity weakened overall, the absolute price opened higher on the day but then declined, the spot basis was slightly stronger, but the buying enthusiasm was not high, and the overall trading was light. (Unit: yuan) / tons

BDO Market As of the time of this report, the BDO bulk market in East China and South China remained slightly volatile, with mainstream prices ranging from 8,100 to 8,600 yuan/ton. Affected by the tense situation in the Middle East, the price of raw material methanol continued to rise, increasing cost pressure. Supply-side also provided some support, with suppliers maintaining a strong market sentiment. Sellers quoted prices according to the market, and downstream contract orders were being followed up. Spot small orders were slightly higher in transaction, with the market fluctuating within a certain range. Attention is being paid to the auction situation in the afternoon.

6 Data Calendar

Table 2 Domestic PBT Data Overview (Unit: ton, yuan/ton)