According to the price monitoring of business agencies, the price of domestic PTA spot market rose slightly on August 31, with an average price of 3579 yuan / ton on the spot market of that day, up 0.16% compared with the previous trading day and a year-on-year decrease of 31%. PTA main futures (2101) closed higher and closed at 3748, up 26% or 0.21% from the previous trading day.
Domestic chemical futures rose, driving PTA main futures up. The atmosphere of buying and selling in the spot market is general, the terminal demand has not improved substantially, the polyester factory has staged promotion to transfer inventory, and the operating load has increased to more than 88%. In addition, the PX raw material market will be weak.
Xia Ting, an analyst at the business agency, believes that at the end of August, PTA plants were restarted more, the supply side was loose, and the raw material market was weakening and adjustment. It was expected that the short-term PTA price fluctuation would be weak and the operation would be dominated.
| Thiourea |