Crude oil: USD 52.05/barrel
PX: USD 723/ton
PTA: USD 560/ton
The slight increase of crude oil led to fluctuation of polyester raw Materials, but polyester trading market still keep close due to delayed recovery of downstream production and constrained logistics transportation. With the prediction of polyester market mainly being subject to interval shocks, please focus on recovery of downstream production, maintain situation of yarn factories and trend of raw material prices.
This week, factories and logistics transportation will gradually get on track, and Chinese market consumption is recovering on the way. It is suggested that you can purchase as per your firm demand in order to avoid any market risk.