Group 1 - The PTA futures market is experiencing a downward trend, with the main contract fluctuating between 4770.00 yuan/ton and 4704.00 yuan/ton, reflecting a decline of approximately 1.79% [1] - Supply and demand for PTA remain tight, but price transmission within the industrial chain is hindered, leading to weak purchasing enthusiasm from downstream [1] - The domestic market has entered a low season, and the increase in terminal orders is primarily driven by exports, which may not meet market expectations for future sales [1] Group 2 - Supply recovery is expected this week with the resumption of production from Sichuan Energy Investment and Xinjiang Zhongtai, while polyester production remains high [2] - There is a slight increase in inquiries and orders from downstream weaving manufacturers, indicating a partial increase in domestic and foreign trade orders [2] - PTA industry inventory continues to decrease, with significant reductions in long filament inventory, suggesting a relatively favorable supply-demand situation [2]
下游采购积极性不佳 PTA短期仍有回调风险
Jin Tou Wang·2025-05-20 05:47