Macroeconomics 1. [PPI] National Bureau of Statistics: In August 2026, the national producer price index (PPI) for manufactured goods rose by 3.8% year-on-year and 0.4% month-on-month.

In September, geopolitical tensions escalated sharply, driving international oil prices to surge and pushing up the cost of polyester raw materials; consequently, polyester market prices

According to the SunSirs commodity market analysis system, the PTA market trended upward overall in August; prices in East China rose by 6.02%, moving from

The European purified terephthalic acid (PTA) market is expected to stabilize in the second half of 2026. With downstream demand remaining sluggish, the price of

Macroeconomics 1. [Electric Power] Data from the National Energy Administration shows that, as of the end of July this year, the country's cumulative installed power generation

According to the SunSirs commodity market analysis system, the domestic PTA market in August saw prices initially fluctuate before surging. At the beginning of the

Macroeconomics 1. [Reverse Repo] The People's Bank of China (PBOC) announced that it will conduct a 500-billion-RMB Medium-term Lending Facility (MLF) operation on August 25. The

Since August, the domestic PTA market has followed a trend of initial consolidation and fluctuation followed by a strong rally, with overall prices reflecting a

Recently, bullish factors have gained momentum in the PTA market; plant operating rates have dropped to historic lows, driving rapid inventory depletion and a sharp

In early August, the global purified terephthalic acid (PTA) market exhibited a rare pattern of divergence. Despite a sharp decline in international crude oil prices,

Macroeconomics 1. [Reverse Repo] To maintain ample liquidity in the banking system, the People's Bank of China will conduct a 500-billion-RMB outright reverse repo operation on

Macroeconomics 1. [Fed Interest Rates] The Federal Reserve announced that the Federal Open Market Committee (FOMC) has agreed to maintain the target range for the federal

In early July, PTA prices trended upward amidst volatility, driven by a modest rebound in crude oil and the early commencement of maintenance cycles at

Macroeconomics 1. [Energy Sector Land Use Tax] The Ministry of Finance and the State Taxation Administration have adjusted the urban land use tax policy for enterprises

A renewed escalation of geopolitical tensions in the Middle East has driven a rebound in international crude oil prices, while rising upstream PX prices have

Macroeconomics 1. [MLF] The People's Bank of China will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on July 24. Wind data shows

In June 2026, China's PTA exports totaled 358,000 tonnes, up 9.78% month-on-month and 40.29% year-on-year, with an average export price of $886.03 per tonne. Cumulative

Price trends According to SunSirs commodity market analysis system, the domestic PTA market has exhibited a fluctuating upward trend since the beginning of July; the average

After experiencing a sharp decline in June, PTA prices began a recovery in July—driven by concentrated maintenance shutdowns—and generally exhibited a pattern of fluctuating within