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【PET Morning Tips】With the approach of the Qingming holiday, the PET bottle chip market may struggle to maintain its upward momentum.

Longzhong Apr 02 00:14

I. Focus Points

1、 The U.S. has stated that it does not rule out the option of taking military action against Iran, raising market concerns over potential supply risks and causing international oil prices to rise.

PTA operating load is 80.48%.

Core logic: Increased supply, downstream recovery.

Two, Price List

 [PET]:瓶级PET市场早间提示(20250402)

Three Market Outlook

OPEC+ insists on increasing production, industry insiders. Hold a skeptical attitude towards the continued rise in oil prices.   Due to the upcoming Qingming holiday, the cautious sentiment is strong, and the polyester chip market may struggle to rise, operating within a narrow range of fluctuations.

IV. Data Calendar

Data

Release date

Last period data

Expected trend for this period

Polyester bottle chip capacity utilization rate

Weekday 16:30

72.78 %

 

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