回望2025：PTA最值得关注的6个时刻

Group 1 - The article discusses significant events affecting PTA prices in 2025, highlighting the impact of the US-China trade war, geopolitical conflicts, and market dynamics on PTA pricing [1][2][4] - In April, PTA prices dropped to a four-year low of 4016 yuan/ton due to a 34% tariff imposed by the US, leading to a total tariff of 54% on Chinese goods and a significant decline in demand [1] - A rebound in PTA prices occurred in May after the US and China made progress in trade negotiations, resulting in the cancellation of 91% of tariffs and a price recovery of over 600 points [1] - The "Israel-Iran conflict" in June caused a spike in PTA prices due to rising crude oil costs, but prices corrected after a ceasefire was reached [1] - By September, the chemical sector faced a downturn as supply outstripped demand, leading to a collective price drop for chemical products, including PTA [2] - A meeting was held in October to address the issue of excessive competition in the PTA and bottle-grade polyester slice industries, aiming to stabilize the market and improve supply-demand dynamics [2] - In December, expectations for PTA improved as production slowed, leading to a significant rebound in prices and increased trading activity [4]