Crude oil: USD39.75/barrel
PTA: USD 425/ton
The overnight crude oil rising, which makes polyester raw material range-bound fluctuated. On product side, end demand remains weak and recent production and sales keeps light volume, while short-term polyester inventory pressure is not high. So polyester market is expected be range-bound. It is suggested that you can purchase as per your firm demand in order to avoid any market risk. Focus on macro economy, crude oil and the trend of polyester raw materials.