Crude oil plummeted, the market mentality was frustrated, PTA fundamentals no good boost, the price may hit a new low.

Recently, the collapse of external crude oil has suppressed the sentiment of the chemical plate. As far as PTA is concerned, its fundamentals have no positive boost, the demand side, although the downstream polyester operating rate remains high, but the current terminal weaving orders have been weakened, the terminal demand is poor, and the polyester operating rate is limited. PTA spot supply is currently loose and follow-up new production capacity will continue to be put in, PTA late supply is more expected, polyester end inventory pressure is larger, and filament losses are serious, operating rate is difficult to further improve, demand lags behind the supply "pace", is expected to increase PTA inventory pressure in October. At present, the PTA market has a high probability of continuing the depressed atmosphere, and the overall trend of the price is expected to be weak.

Changzhou Yuefeng Plastic Products Co., Ltd. specializes in the production of hot water bottle, PVC hot water bottle, hand warm hot water bottle, cold water sack, insert hot water bottle,,cervical spine hot water bag, plush hot water bottle.