SunSirs: Supply and Demand Side is Weak, PTA Price Deposits the Risk of Falling
Last week (December 20-24), the domestic PTA market first fell and then rose. As of December 24, the average market price in East China was 4768 yuan/ton, a weekly increase of 4.56% and a year-on-year increase of 31.35%. Last week, PTA devices restarted more and the supply gradually increased. Among them, the 6 million tons of…