Demand continues to grow, and PTA factory inventories have slightly decreased

This week, PTA factory inventory stands at 5.85 days, down -0.07 days from last week and up +0.83 days from the same period last year. Overall, with the restart of domestic early maintenance units, the supply side is showing an increase, while the demand side continues to grow, and overall shipments are acceptable. This week, PTA factory inventory has slightly decreased; polyester factory PTA raw material inventory is at 8.16 days, down -0.58 days from last week and down -2.04 days from the same period last year. Overall, although polyester production has increased, the market continues to strengthen, with strong resistance from downstream. The production and sales of polyester factories are sluggish, and purchasing enthusiasm is hindered, leading to a decrease in raw material inventory this week. (Longzhong Information)

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