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This week's PTA market continues its strong upward trend
This week, supply-side changes are minimal, while demand remains optimistic. Inventory buildup on the balance sheet has narrowed. The Middle East geopolitical conflicts continue to escalate, leading to a sharp rise in oil prices. Driven by cost factors, market sentiment for commodities remains high. This week, the PTA market continued its strong trend, with the expected spot negotiation prices in East China ranging from 6,200 to 7,000.