[PET Weekly Outlook] Polyester Bottle Chips Expected to Oscillate and Warm Up with Costs Today
I. Focus Points
1 、On September 26, the intensity of the Russia-Ukraine conflict has recently increased, raising market concerns over potential supply risks, leading to a rise in international oil prices.
The PTA operating rate is 77.49%.
Core logic: Stalemate between supply and demand, driven by costs.
Translation: 2. Price List
3. Market Outlook
The trend of costs is supported by international oil prices. The supply-side benefits are gradually weakening, and the demand-side expectations are becoming weaker. It is expected that the polyester bottle chips may fluctuate with a slightly warming trend along with costs today.
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