The hottest spot has poor performance, PTA may con

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Spot performance is poor, PTA may continue to fluctuate

Zhengzhou PTA futures ended up in shock on the 29th, and the main contract 1205 closed at 9070 yuan/ton, up 22 yuan/ton. Dragged down by profit taking and demand concerns, PX was under pressure, PTA cost support weakened, but it was still higher than the spot price. The macro market focus turned to the second round of long-term refinancing operation (ltro) of the European Central Bank (ECB). In the expectation of releasing liquidity, the trend of global stock markets and commodities is stronger. PTA industry is still in the contradiction between strong cost support and weak demand. Crude oil closed higher overnight, and Zheng PTA is expected to continue to maintain a volatile pattern

crude oil futures prices on the New York Mercantile Exchange (NYMEX) closed higher on Wednesday, reversing the previous decline. The reason for the previous decline in crude oil prices was that a government report showed that the growth of crude oil inventories in the United States last week exceeded analysts' previous expectations, and the comments made by Ben Bernanke, chairman of the Federal Reserve, weakened the market's expectations for the upcoming launch of a new round of "quantitative easing" policy measures. The price of light crude oil futures for delivery in April rose 52 cents to close at 107.0 per barrel. If a car can buy one such equipment, its speed and steering performance significantly increased by $7, or 0.5%

in the domestic market, the polyester market is still flat, and the transaction is also very general. The price on the market remains stable, but the shipment of varieties is uneven. At present, downstream enterprises are still very cautious in purchasing, lack of purchasing power support, and the polyester market is not optimistic. The current production and sales situation of spinning mills is uneven. In addition, the upstream raw materials are subject to shock adjustment, and the polyester inventory of spinning manufacturers is high. In order to strive to seize market share, the price concession and promotion market will be slow. In the future, the machine is applicable to quality supervision, teaching and scientific research, aerospace, iron and steel metallurgy, automobile, rubber and plastic The polyester Market in various experimental fields such as woven materials will continue to be weak, and it is not ruled out that there will be a slight decline in silk prices

in the downstream, the performance of polyester production and sales in Jiangsu and Zhejiang varies, and the production and sales of mainstream enterprises remain around 60-80%. However, due to the different specifications and prices of enterprises, the production and sales of low-cost enterprises can be leveled. Xiaoshao polyester market fell at a high level, and a few enterprises with high quotations lowered; The quotation of mainstream polyester enterprises in Wuxi is fixed, and the transaction negotiation discount is 100 yuan/ton

in the spot market, the market situation of PTA in North China is temporarily stable, the market offer price is about yuan/ton, the offer price of downstream manufacturers is about 8950 yuan/ton, and the actual negotiated price is around 9050 yuan/ton. The owner is reluctant to sell at a low price, the market trading atmosphere is flat, and the actual negotiation is general. PTA China in ordinary state, known as strength testing machine, tensile testing machine and universal testing machine, the East domestic trade market is flat. The offer price of the owner is about yuan/ton, the downstream offer price is about 8950 yuan/ton, and the actual negotiated price is around yuan/ton. The market trading atmosphere was flat, and there were few actual negotiations

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