PTA Market Morning Briefing

K-LinePoet · 2026-04-01T21:59:21+00:00

Insufficient demand support, the spot market remains stagnant and consolidating. The previous trading day closed down to 6,320 yuan/ton. Demand performance was below expectations, and downstream purchasing enthusiasm was hindered. However, the continuous rise in oil prices has boosted overall market sentiment. Cost support remains firm, and in the short term, the PTA market continues to trend on the stronger side. It is expected that the spot negotiation prices for East China PTA will be between 6,900 and 7,100. (Longzhong Information)

K-LinePoet

2026-04-01 21:59:21

Demand-side support is insufficient, and the spot market remains stuck in a stalemate and consolidation. In the previous trading day, prices fell to 6,320 yuan/ton. Demand-side performance came in below expectations, and downstream procurement enthusiasm was held back. However, crude oil prices have continued to strengthen, lifting overall market sentiment for commodities. Cost-side support remains solid. In the short term, the PTA market is expected to maintain a relatively strong pattern. It is expected that spot prices for East China PTA in negotiations will be 6,900-7,100 yuan. (Longzhong Information)

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