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PTA Falls as WTI Drops Below $70 for First Time Since March; Brent Hits New Low Today

2026-06-25 04:37:17

According to Jin10 Futures, PTA futures fell sharply today (June 25) as crude oil prices declined amid increased petroleum exports from the Persian Gulf. WTI crude broke below $70 for the first time since March 2, while Brent crude oil hit its lowest level since the U.S.-Iran conflict erupted on February 28. The decline in raw material costs intensified bearish sentiment in the PTA market, with downstream polyester plants operating at 12 percentage points below year-earlier levels.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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