Analysis of today's market influencing factors:

1. Crude oil: 3/11: The market evaluates the impact of the situation in Russia and Ukraine and the sanctions of Western countries on the supply prospects, and the favorable geopolitical support is still in place, and the international oil price is rising. NYMEX crude oil futures 04 contract 109.33 up $3.31 / barrel, or 3.12%; ICE crude oil futures 05 contract 112.67 was up $3.34 a barrel, or 3.05 percent. China INE crude oil futures main contract 2204 fell 46.9 to 695.2 yuan/barrel, the night fell 3.7 to 691.5 yuan/barrel.

2.PTA: the terminal market replenishment sentiment is general, polyester production and sales are flat, and just need to purchase; PTA still has equipment maintenance expectations, supply and demand to store a small amount, PTA processing fees are still low, but overnight crude oil prices fell sharply, dominated by costs, PTA spot market prices are expected to weaken today.

3.BDO: Yesterday, the domestic BDO market was running strongly, and the spot negotiation atmosphere was light. At present, the pressure of factory inventory is under control, and the high offer is maintained to continue the market. The market is temporarily lacking clear news guidance, industry wait-and-see attitude. The trading intention of the trade market is not strong, the downstream demand side maintains a small order to follow up, and the focus of the negotiation is not volatile. Supply and demand sides to discuss the game, Longzhong information is expected, today's domestic BDO market high stalemate, pay attention to the supply and demand side changes and real single negotiation situation.

Today's PBT Market forecast:

Last week PBT market rose after wait and see. With the strong upward news of crude oil, the market was injected with a catalyst to push up. However, the terminal is gradually resisting high prices, the pace of trading is slow during the week, and the high cost is transmitted to the terminal, and the industry is still optimistic. Under the high price situation, the terminal will mainly digest the inventory, and it will take time to continue to replenish the stock. This week, watch for changes in supply and demand and guidance on raw material news.