Business community: the fundamentals have improved, and PTA may remain upward
According to the price monitoring of the business agency, the domestic PTA market remained volatile and upward in May. As of May 19, the domestic market was 6788 yuan / ton, up 5.62% from the beginning of the month and 46.07% year-on-year. Business analysts believe that the current PTA cost is well supported, superimposed on their own supply contraction expectations, PTA may remain upward. However, it is difficult for terminal demand to recover significantly in the short term and orders to grow comprehensively. Therefore, the slow recovery of demand will drag down the upward space of PTA.
This text is a result of machine translation.
Related companies：
In-depth
Jan 30, 2024 07:59 PM
Dec 11, 2023 08:49 PM
Jan 05, 2023 07:33 PM
Nov 10, 2022 02:39 PM
Briefing Feb 26, 2022 10:08 AM
· Healthcare
Hualan biology: it is actively applying to relevant departments for the construction of a new plasma collection station
Briefing Feb 20, 2022 03:49 PM
· Healthcare
A fire broke out in a mechanical and electrical plant in Huaiyuan, Anhui Province, and local fire and public security departments are rescuing
Technology · Analysis
How Can Solar Companies Seize Opportunities in the Post-Subsidy Era?
China is the world's largest producer and consumer of photovoltaic (PV) products and has made significant strides in the past two decades. Over this time, China's solar industry has experienced ups and downs, influenced by the country's deeper integration into the global supply chain and the ongoing U.S.-China trade tensions.
Yesterday 05:23 PM
Insight
Briefing Jan 31, 2022 10:29 AM
· Healthcare
Hong Kong Pharmaceutical stocks generally rose, with Cinda biology up nearly 6%
Healthcare
CNMPA Approved World's First Inhaled COVID-19 Vaccine Mist
The liquid form of the vaccine is changed into an aerosol using a nebulizer. It can then be inhaled through the mouth using the nebulizer machine. According to CanSino, the vaccine can effectively induce comprehensive immune protection in response to SARS-CoV-2 after just one breath.
Sep 06, 2022 11:48 AM
Briefing Jan 14, 2022 02:18 PM
· Healthcare
Hong Kong stocks continued to rise in the anti epidemic sector, and Junshi biology rose nearly 17%
See more
Read next
Insight
In-depth
Technology · Analysis
How Can Solar Companies Seize Opportunities in the Post-Subsidy Era?
Yesterday 05:23 PM
Insight
In-depth
Insight
In-depth
Consumer Staples · Analysis
Mexicans Who Can’t Afford Tacos Flock to Chinese Restaurants
Oct 08, 2024 11:11 AM