Cathay Pacific Haitong released a research report saying that supply was restored and pricing was sufficient. After oil prices fell rapidly, it was easy to rise and not fall when the Q3 depot was maintained. The rebound was driven by: the market's expectations for the resumption of flights are sufficient; if supply recovery falls short of expectations, it is easy to drive a rebound; it takes time for shipowners' capacity allocation and upstream oil fields to resume production; traditional peak demand season has arrived, refined oil inventories are low in many places; early buffer measures may have changed, including the release of IEA inventories nearing its end and the increase in China's crude oil imports returning to normal volume. Leaders in the polyester industry and refining and chemical leaders are expected to improve as oil prices fall, recommendation costs and demand-side pressure ease.

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