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Shouchuang Futures: Equipment startup declines month-on-month, PTA futures continue to rebound
PTA load decreases month-on-month, and supply tightens further. Coupled with ongoing geopolitical uncertainties, crude oil prices remain high. It is expected that in the short term, PTA futures prices will stay in a relatively strong pattern, with attention to geopolitical developments, the passage conditions of the Strait of Hormuz, and the implementation of equipment maintenance. (First Capital Futures)