Asia Polyester Chain Forecast In May 2011
In May 2011, Asian crude oil
Price
It is expected to increase by $2 / pail over April, as a result.
dollar
Weakness and instability in Africa may persist.
However, demand in the US and China is expected to decline, thanks to the emergence of oil inventories in the US and China.
increase
。
Japan's earthquake disaster has limited the growth of demand to some extent.
In the lower reaches, the prices of naphtha and polyester raw materials will increase steadily.
Because of the decline in the xylene market in April, the prices of these materials may increase at a slower rate than in April.
According to the strength of para xylene and ethylene market, the price of PTA and MEG is expected to recover from the sharp decline in April, but it is only partially recovered.
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