PTA: INTERVAL FLUCTUATION

PTA: within the week, the South China Fuhua industrial and trade plant announced the overhaul, the market was worried about the tight supply, PTA prices rose and fell, and the overall center of gravity changed little. Spot basis strengthened to near Pingshui, 9-1 spread also slightly higher. On the whole, under the expectation of polyester start-up season, the enthusiasm of polyester factory stock preparation has improved, PTA price has not followed the oil price decline, and processing fee is stable. In the subsequent validation period of peak season, it is expected to usher in a new trend of price in the process of gradual de stocking of TA.

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