East China PTA Market Focus Shifts Significantly Higher

K-LinePoet · 2026-03-24T05:10:42+00:00

As of the deadline, the East China PTA market center has strengthened significantly, with trading references around 6720. This week and next week's main port delivery quotations are at 05 discount 55, with sporadic 05 discount 90 bids. Crude oil continues its strong momentum, raw materials drive the market price center higher, downstream sentiment remains cautious, and spot basis spreads remain relatively stable. (Unit: RMB/ton) (Longzhong Information)

K-LinePoet

2026-03-24 05:10:42

As of the deadline, the focus of the East China PTA market has significantly strengthened, with negotiations around 6720. This week and next week, main port delivery offers are at 05 discount 55, with sporadic offers at 05 discount 90. Crude oil remains strong, driving the market price center higher with raw materials, while downstream sentiment is cautious, and spot basis remains relatively stable. (Unit: yuan/ton) (Longzhong Information)

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