Pbt morning alert: Expect Scattered Transactions from End-Users Before Labor Day Holiday, Insufficient Transactions
I. Focus Points
1 、 4/28: The prospects for negotiations between the US and Iran remain unclear, and the passage through the Strait of Hormuz continues to be obstructed, leading to a rise in international oil prices. NYMEX Crude Oil Futures 06 Contract 99.93 Rise 3.56 USD / Bucket, month-over-month +3.69% ; ICE Brent crude futures 06 Contract 111.26 Rise 3.03 Dollar / Bucket, month-over-month +2.80% China INE Crude Oil Futures 2606 Contract price rises 12.2 to 659.6 Yuan / Barrel, night session up 8.8 To 668.4 Yuan / Bucket.
2 Yesterday PTA Price Increase , BDO CityScene Stabilize prices Main 。
Core logic: Translate the above content into English, directly output the translation result without any explanation. The Strait of Hormuz shipping channel remains continuously blocked, raw material prices fluctuate at high levels, and the PBT market is expected to remain high.
II. Price List
|
Product |
Region |
2026/04/27 |
2026/04/28 |
Change in Value |
|
Crude Oil |
NYMEX |
96.37 |
99.93 |
3.56 |
|
ICE Brent crude futures |
108.23 |
111.26 |
3.03 |
|
|
BDO |
East China |
8300-8600 |
8300-8600 |
0/0 |
|
PTA |
East China |
6705 |
6825 |
120 |
|
PBT |
East China |
10100-11000 |
10200-11000 |
100 /0 |
|
Note: 1. PTA prices are based on the current cash ex-works price for Grade A products per Chinese national standards; BDO prices are for bulk liquid delivery inclusive of acceptance bills; PBT prices refer to low-to-medium viscosity pure resin chips delivered, inclusive of acceptance bills. |
||||
III. Market Outlook
The Israel-Lebanon conflict has escalated again, Iran announced control over the Strait of Hormuz and imposed fees, raw material prices remain at high levels with ongoing risks. Demand for stockpiling before the May Day holiday is not high, as costs remain elevated, leaving little room for negotiations. It is expected that only sporadic transactions will occur before the May Day holiday due to essential demand. Transactions remain insufficient. The future still requires attention to the risk of raw material fluctuations. According to Londa Information, the medium to low viscosity market in the East China region will... PBT Resin price range is 101000-11000 Yuan / Ton.
IV. Data Calendar
|
Data |
Release Date |
Previous period data |
This period's trend is expected to |
|
PBT Weekly output |
Thursday 5:00 PM |
1.76 Ten thousand tons |
↗ |
|
PBT Weekly profit |
Thursday 5:00 PM |
543 Yuan/ton |
↘ |
|
PBT Start of the week |
Thursday, 5:00 PM |
39.10% |
↗ |
|
1 “↓↑” indicates significant fluctuations, highlighting data dimensions with price changes exceeding 3%. |
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|
2 |
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