[PET Morning Briefing] Polyester Bottle Chip Market Expected to Fluctuate with Polyester Costs and Decline Slightly Today

I. Points of Focus

1 、 The market continues to focus on the meeting between the US and Russian leaders, with hopes for further easing of geopolitical tensions, leading to a decline in international oil prices.

The operating rate of PTA is 73.64%.

Core logic: supply and demand stalemate, cost-driven

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Crude oil decline drags down polyester cost support, downstream polyester bottle chip purchases tend to be rigid, buying on dips. It is expected that today's polyester bottle chip market will fluctuate narrowly downward along with polyester cost movements.  

FourData Calendar

Data source: Longzhong Information