[PBT Weekly Preview] PBT Market Expected to Remain on Sidelines Today

I. Focus Points

1 On October 10, the ongoing easing of the Israeli-Palestinian situation, combined with the potential risks from U.S. tariff issues, led to a drop in international oil prices. NYMEX crude oil futures for the November contract fell by $2.61 to $58.90 per barrel, a decrease of 4.24% compared to the previous period. ICE Brent crude futures for the December contract fell by $2.49 to $62.73 per barrel, a decrease of 3.82% compared to the previous period. China's INE crude oil futures for the November 2025 contract fell by 2.5 to 466.2 yuan per barrel, and in the night session, they fell by 21.2 to 445 yuan per barrel.

2 PTA marketContinuation of weakness.BDO MarketWait-and-see operation 。

3、 The equipment is operating normally for production.

Core logic: The support for raw materials is generally weak. The market sentiment among operators is bearish, and the PBT market is in a weak and wait-and-see state.

Price List

Market Outlook

The PBT market is expected to operate cautiously today.Material Surface PTA This week, there are still many enterprises undergoing maintenance, leading to a reduction in supply. Meanwhile, the demand side is performing well during the traditional peak season. However, there are many unstable factors in the external environment, causing the market to lack sustained momentum. Overall, the sentiment in the commodity market is pessimistic, and the PTA market is expected to continue its weak pattern in the short term. ；BDO The suppliers are mainly focused on stabilizing the market, but the actual demand from the downstream end-users is generally weak. They are either digesting previous inventory or making small purchases driven by essential needs. The mindset of holders is average, primarily focusing on fulfilling contract orders, while spot prices are reported based on the market. Overall, the market is weak and stable. The macro environment is relatively weak. Insufficient market support for PBT. The industry's sentiment is bearish. The market focus may be weak and wait-and-see. Longzhong expects the price of low to medium viscosity PBT resin in the East China market to be 7,500-7,800 yuan/ton today.

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