PET Morning Update: Expected To Continue Downward
I. Points of Interest
1 The market is focused on OPEC+ continuing its production increase plan, coupled with still weak demand prospects, leading to a decline in international oil prices.
PTA operating load is 78.38%.
Core logic: Supply-demand standoff, cost-driven.
Sure! Please provide the content you would like to have translated into English. Price List Form
。
Three Market Outlook
Oil prices have pulled back, and there is insufficient support from raw materials. Additionally, there are no signs of improvement in supply and demand, indicating a clear downward space in the polyester bottle chip market. Pay attention to macroeconomic news.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
List Released! Mexico Announces 50% Tariff On 1,371 China Product Categories
-
Nissan Cuts Production of New Leaf EV in Half Due to Battery Shortage
-
New Breakthrough in Domestic Adiponitrile! Observing the Rise of China's Nylon Industry Chain from Tianchen Qixiang's Production
-
Dow, Wanhua, Huntsman Intensively Raise Prices! Who Controls the Global MDI Prices?
-
Mexico officially imposes tariffs on 1,400 chinese products, with rates up to 50%
