[PBT Weekly Review] Pre-Holiday Stockpiling Atmosphere Generally Tepid, PBT Market Fluctuates Narrowly

1. Weekly Market Review

In this period, the East China PBT market experienced fluctuations within a range, with the mainstream prices of medium and low viscosity PBT resin closing at 7600-7900 yuan/ton. On the supply side, there were not many changes in PBT facilities, and the supply volume remained stable compared to the previous period. On the raw material side, This week, the BDO market is running steadily, and the PTA market The trend of PTA in the raw materials market showed slight fluctuations this week, but it had little impact on the PBT market sentiment. As the National Day holiday approaches, the atmosphere for stockpiling in the market is generally mild, with some manufacturers increasing their intention to ship before the holiday. The market remains stable with fluctuations within a certain range.

2. Market Influence Factor Analysis

The PBT device will continue its previous operating status.Supply remains stable. 。

The demand is slowly improving, the pre-holiday PBT stocking atmosphere is average, and the supply side's intention to ship has increased.

The cost side fluctuates within a narrow range, providing overall stable price support for PBT.

3. Market Forecast for Next Week

It is expected that the PBT market will experience narrow consolidation in the next period, with stable cost support. Market trading will be limited during the National Day holiday, and the PBT market will continue to fluctuate within a range. Key points to pay attention to: 1. Supply side. The PBT unit in Meizhou Bay, Fujian is expected to complete maintenance, resulting in a slight increase in supply. 2. Demand side. The demand-side consumption volume is slowly increasing, while market transactions are limited during the National Day holiday period. PTA The market continues to rebound; post-holiday BDO sees a hedging of bullish and bearish factors, leading to a continued stalemate in the market, with overall support for PBT market prices remaining stable.