[Regenerated PET Morning Brief] With limited overall market benefits, it is expected that the short-term regenerated PET market may experience a weak fluctuation.
I. Key Points
1. OPEC+ is reported to increase production as planned starting from April, with crude oil prices falling nearly 3% during the session;
2. The terminal weaving industry is gradually warming up, but the recovery in demand remains relatively limited.
Core logic: Pay attention to weather changes and variations in terminal load.
II. Price List
III. Market Outlook
Crude oil prices fell overnight, dragging down market sentiment. Additionally, there are not many new orders in the terminal market. Chemical fiber factories maintain just-in-time purchases of recycled PET, showing a price-cutting mentality. Overall, the benefits for the recycled PET market are limited, and it is expected that the short-term recycled PET market may experience a weak fluctuation.
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