20230714-冠通期货-PTA_成本端仍在勉力支撑_期价高位运行_3页_274kb

This is a summary of the report content provided: the PTA market analysis from June 14, 2023, authored by Guang Tong Research. Key points include:

• PTA future prices saw a daily rise, supported by rising crude oil costs, despite some late-session weakness.
• Current spot prices indicate high support from PX and low processing fees.
• Supply and demand dynamics show short-term contraction due to lower operating rates, but medium-term risks from increased capacity and weaker demand exist.
• Overall, the market has short-term support but cautions against overconfidence due to potential supply increases and demand slowdowns.