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The Peripheral Market Has Been Warmer &Nbsp, PTA Or Concussion.

2011/9/16 11:22:00 36

Zhengzhou PTA futures 15 shock finishing, the main 1201 contract closed 10106 yuan / ton, down 34 yuan.

Germany and France confirm that Greece will remain in the euro zone. Italy can alleviate pessimism to some extent through the austerity plan, but the debt crisis is difficult to stop.

PX and PTA are still strong in the upper reaches, making PTA decline in kinetic energy.

Technically, PTA has a strong pressure near 10200, and the underlying average system supports the price.

Overnight crude oil rose, European debt crisis worries eased, PTA or will be

Shock

Go up.

The New York Mercantile Exchange (NYMEX) crude oil futures closed higher on the 15 th, as the main central banks of the world acted to boost liquidity in the European banking sector, and the region's main leaders said they would support the trapped Greece, easing the market's worries about the euro zone debt problem and pushing the US dollar to weaken.

NYMEX October light crude oil futures clearing price rose 49 cents, to $89.40 a barrel, or 0.5%.

ICE October Brent crude oil futures contract settlement price rose 2.94 US dollars, to $115.34 a barrel, or 2.6%.

Asian PX rose 4 US dollars to 1714-1715 US dollars / ton FOB Korea, Europe was stationary at 1618-1622 US dollars / ton FOB Rotterdam, the United States stabilized at 1670-1675 US dollars / ton FOB Gulf of America.

Goods in stock

Price, East China PTA market prices stable, light trading, traders mainstream offer 10650 yuan / ton, the negotiations are still around 10600 yuan / ton.

Asia PTA Taiwan goods offer is still maintained at 1370 US dollars / ton, the purchase intention is 1355-1360 US dollars / ton, the negotiation value is 1360-1365 US dollars / ton CFRL/c90 days.

In the downstream market, the production and sale of polyester and cotton in mainstream factories in Jiangsu and Zhejiang provinces dropped moderately, most of them were 7-9.

Today, the price of direct spinning polyester and short staple manufacturers generally increased by 100 yuan / ton, and the downstream psychology was inconsistent. The intention of high price direct spinning polyester short disc was not strong. Today's direct spinning polyester and polyester short deal is not much, and the focus of the paction is small.

Due to the end of the power restriction policy in the Wang Jiang Jing area, 30 thousand local water jet looms have been driven one by one, and the overall average start-up rate in the downstream weaving area has risen to 73% level.

Overall, Asian PX prices have risen slightly.

PTA spot

Dynamic profit is maintained at around 600-900 yuan / ton, and 2 million tons of Yisheng plant has a high cost of unexpected parking and high PX costs, supporting PTA to maintain a high level, but worries about the European debt crisis have put pressure on the market.

PTA spot market offer remained high and market trading was relatively light.

Polyester chip market is strong, manufacturers and market quotation is stable, Jiangsu and Zhejiang polyester production and marketing to maintain, weaving factory cautious procurement, catch up with fatigue.