PBT Market Expected to Be Weak and Cautious Today
1. Focus points
1 On August 28, the instability of the Russia-Ukraine situation persists, coupled with the remaining benefits of the traditional fuel consumption peak season in the United States, leading to a rise in international oil prices. NYMEX crude oil futures for the October contract rose by $0.45 per barrel to $64.60, a month-on-month increase of 0.70%. ICE Brent crude futures for the October contract increased by $0.57 per barrel to $68.62, a month-on-month rise of 0.84%. China's INE crude oil futures for the 2510 contract fell by 5.3 to 481.1 yuan per barrel, while the night session increased by 5.5 to 486.6 yuan per barrel.
2 The PTA market continues to weaken. , BDO market is weak and stable, observing cautiously. 。
3、 The equipment is functioning normally in production.
Core Logic: Raw material support remains weak. The PBT market continues to operate in a wait-and-see manner, with the market focus fluctuating within a narrow range.
2. Price List Form
Product |
Region |
2025/08/27 |
2025/08/28 |
Change in value |
|
NYMEX |
64.15 |
64.6 |
0.45 |
ICE Brent Crude Oil Futures |
68.05 |
68.62 |
0.57 |
|
BDO |
|
7300-7500 |
7300-7500 |
0/ 0 |
PTA |
|
4837 |
4775 |
-62 |
PBT |
|
7700-7900 |
7700-7900 |
0/ 0 |
Note: 1 、 PTA Adopting the national standard premium grade cash-on-delivery self-pickup price. BDO Deliver the price for the drainage acceptance. PBT Choose medium to low viscosity pure resin chips with delivery acceptance price. |
3. Market Outlook
The PBT market is expected to remain weak and wait-and-see today.Material Surface PTA The overall sentiment of the product is sluggish, raw material prices are weakening, and downstream purchasing enthusiasm is poor. However, supply is contracting, the balance sheet continues to be digested, and terminal weaving load increases, stabilizing rigid demand. In the short term, the domestic PTA market has limited downside space. ;BDO The support from the supply side remains moderate, but the industry is suffering heavy losses. Suppliers are increasingly focused on stabilizing the market, which limits room for market operations. Holders have become more cautious in their approach, showing little willingness to offer discounts, resulting in a weak and stable market trading focus. The raw material market is expected to stabilize. The PBT market is expected to focus mainly on range-bound fluctuations, with supply and demand sentiment playing a key role in the game. Longzhong predicts that today the price of medium- and low-viscosity PBT resin in the East China market will be around 7,700-7,900 yuan/ton.
4. Data Calendar
Data |
Publication Date |
Previous Data |
The trend for this period is expected |
PBT Weekly output |
Thursday 5:00 PM |
22,600 Ton |
↗ |
PBT Weekly Profit |
Thursday 5:00 PM |
-467 Yuan/ton |
↘ |
PBT Weekly Start of Work |
Thursday 5:00 PM |
53.14 % |
↗ |
1 Treat "", "↓", and "↑" as significant fluctuations, highlighting data dimensions where the increase or decrease exceeds 3%. |
|||
2 "Considered as narrow fluctuations, highlighting data with an increase or decrease within 0-3%." |
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