果酱视频

Key Takeaways:

• OPEC+ is set to maintain its production increase in October, which raises the risk of PTA oversupply.
• On the demand side, polyester plants saw minimal changes, polyester filament prices declined, leading to lower offtakes in PTA.
• PTA prices are expected to increase on improved demand from increasing polyester operating rates, ahead of the Chinese National Day holiday at the end of the month.聽

According to 果酱视频, looking ahead, PTA margins are expected to remain stable during this maintenance period, along with seasonal demand that typically ramps up as we approach October. On a positive note, improved demand from rising polyester production rates, especially with the Chinese National Day holiday coming up at the end of the month, should lead to some modest destocking. Additionally, scheduled maintenance at several domestic producers is likely to tighten the fundamentals for PTA. However, we might see the PTA supply-demand...