High Crude Oil Prices vs. Weak Macroeconomic Outlook: PTA Market Trends Downward
PTA faces a tug-of-war between strong cost support from geopolitical tensions and weak demand due to poor macroeconomic conditions. While maintenance has...
PTA faces a tug-of-war between strong cost support from geopolitical tensions and weak demand due to poor macroeconomic conditions. While maintenance has...
The caprolactam market faces pressure from rising pure benzene costs and sluggish downstream demand. While high raw material prices support cost floors,...
Geopolitical tensions and PX/PTA maintenance drove cost-side support, narrowing PTA inventory accumulation. However, weak downstream demand and deep polyester...
MEG prices fell due to lower crude oil and weak demand, though spot markets rebounded slightly. East China port inventories dropped by 13,000 tons to 86,000...
In September, caprolactam prices rose significantly due to high benzene costs and tight supply, before declining as supply loosened. Average East China prices...
Caprolactam prices hit YTD highs due to rising crude and benzene costs, but weak downstream textile demand limits gains. Recent declines in upstream raw...
US-Iran escalation and Strait shipping risks lifted crude’s geopolitical premium, pressuring the polyester chain through higher naphtha, PX and PTA costs....
Summary: US-Iran tensions revived crude geopolitical premiums, boosting costs but capping gains amid ample supply and weak demand. Polyester demand remained...
Jilin Chemical Fiber Furunde Textile Co., Ltd. announces procurement bidding for Acrylonitrile (No. 20260827). Base price: RMB 10,500/ton, delivered to Yingkou...
In July, caprolactam prices fluctuated with cost swings: falling first, then rising, then easing. Tight supply from low operating rates and plant shutdowns...
