Here's the translation for the provided information: **【Morning Update on Regruded PET】 With a consolidation mindset in the market, today's regenerated PET flake market is expected to run relatively flat.**

I. Points of Focus

1. Trump's tariffs will hit Venezuela's oil exports, crude oil rises for four consecutive days, up over 1% to a new high for the month.

2. The "Golden March" has arrived, but the demand recovery is rather limited.

Core Logic：Focus on weather and terminal load changes.

2. Price List

There is no content provided to translate.Market Outlook

Crude oil prices are showing a warm trend, but textile enterprises remain cautious about the market outlook. Regenerated chemical fiber factories are focusing on sales and maintaining a cost-control mindset, thus not changing their attitude of pressing down the price when purchasing raw materials. Under the expectation of poor future prospects, packing stations and washing factories mostly operate on a produce-and-sell basis. It is expected that the recycled PET bottle chip market will remain weakly stable today with limited adjustments.

Outbound mindset today, expect the unwinding of the yarn length will continue to maintain a stable state.