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the PTA spot market gradually transitioned from tight to loose in December
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the PTA spot market gradually transitioned from tight to loose in December

Views: 3     Author: Site Editor     Publish Time: 2020-01-14      Origin: Site

Inventory
Due to high profits, PTA supply has increased significantly and the inventory continued to rise (expected to be around 700,000 tons), a historical median level. However, due to the increase in polyester demand, from the perspective of inventory consumption ratio, inventory of 12-13 days is still in a neutral low level. From the perspective of market performance, the PTA spot market gradually transitioned from tight to loose in December.


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