East China PTA market remains relatively firm and is consolidating

K-LinePoet · 2026-02-24T01:14:33+00:00

February 12 News, as of the deadline, the East China PTA market is generally strong with steady consolidation, with actual transaction negotiations around 5210. In late February, main port delivery offers are at 05 discount 55-60, with few offers submitted. Mid-March main port delivery offers are at 05 discount 35, with offers at 05 discount 40. Raw material prices are strengthening, supporting the cost side firmly. The spot market price center of gravity is rising, with little change in basis spread. Overall market sentiment is淡 (calm/neutral). (Longzhong Information)

K-LinePoet

2026-02-24 01:14:33

February 12th News: As of the deadline, the East China PTA market is generally strong, with actual transaction negotiations around 5210. In late February, main port delivery offers are at a discount of 55-60, with few offers submitted. In mid-March, main port delivery offers are at a discount of 35, with submitted offers at a discount of 40. Raw material prices are firm, providing solid support at the cost end. The spot market price center of gravity is rising, with little change in basis spread, and overall market sentiment remains subdued. (Longzhong Information)

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