SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: PTA Prices Rose Driven by Cost

October 11 2022 09:44:42     SunSirs (John)

Price trend

On October 10, domestic commodity futures rose in a large area. The main contracts of low sulfur fuel oil and crude oil rose by more than 11%, fuel oil rose by more than 8%, and PTA rose by more than 6%. PTA spot market followed the rise According to the price monitoring of SunSirs, the average market price in East China on the 10th was 6,516 RMB/ton, 0.81% higher than the previous trading day, and 20% year on year.

Analysis review

During the National Day, the production reduction agreement was reached at the OPEC+ conference, which boosted the continuous rise of international oil prices, and PTA showed an increase driven by costs. PTA's own industry started stably at around 80%, and the overall demand order of the terminal factory improved partially, but the efficiency was still poor, and the overall supply and demand continued to be weak.

Market outlook

SunSirs’ analysts believe that in the short term, the PTA price will fluctuate to be strong with the cost.

If you have any questions, please fee l free to contact SunSirs with support@sunsirs.com

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products