[PBT Weekly Review] Increased Support from Raw Materials Boosts PBT Market Sentiment

1. Market Review of the Week

In detail, the PBT market in East China narrowly adjusted this period, with mainstream prices for low to medium viscosity PBT resin closing at 7,400-7,700 yuan/ton. On the supply side, there were few changes in PBT facilities, and supply volume remained stable compared to the previous period. On the raw material side, this week...BDO MarketInterval fluctuationPTA marketThe continuous strengthening. This week, the raw material PTA has been showing a strong trend under the guidance of crude oil and macro policies, boosting the sentiment in the PBT market, with some manufacturers issuing price increase notices and market quotations being strong. However, the impact of the off-season on demand is evident, leading to narrow fluctuations in actual negotiations and a strong atmosphere of cautiousness in the market.

2. Analysis of Market Influencing Factors

The PBT equipment has not changed much.Supply remains stable. 。

The impact of the off-peak season on the demand side is significant, and downstream and end-user purchasing intentions are postponed.

The cost trend has strengthened, boosting market sentiment for PBT, and some manufacturers have issued price increase notices.

3. Market Forecast for Next Week

The PBT market is expected to experience weak fluctuations in the next period, with demand significantly affected by the off-season. The fundamentals lack substantial support, posing a risk of a downward shift in the focus of the PBT market. Key focus: 1. Supply side. The Yizheng Chemical Fiber PBT unit is expected to undergo maintenance, leading to a slight decrease in supply. 2. Demand side. The demand side is significantly affected by the off-season, and downstream and end-user purchasing intentions may be delayed. PTA Market is consolidating strongly; both supply and demand of BDO are shrinking, with negotiations ongoing. The trading focus in the market fluctuates within a limited range, providing overall support for PBT market prices. Acceptable.