【PET Morning Briefing】Under the drag of costs, the polyester bottle chip market shows a weak downward trend.
I. Focus Points
1. Market concerns over the U.S. imposing additional tariffs, which may drag down the global economy and demand, and the uncertainty of whether OPEC+ will delay its production increase plan, have led to a decline in international oil prices.
2. PTA operating load is 75.88%.
Core logic: Supply reduction, slow recovery downstream
II. Price List
III. Market Outlook
The news of additional tariffs is bearish for the commodity market, with crude oil and raw materials experiencing a pullback. Under the pressure of cost, the polyester bottle chip market is showing a weak downward trend. Considering the low processing fees, it is expected to be relatively more resistant to falling compared to raw materials.
IV. Data Calendar
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