PTA Trend Near Delivery

< p > yesterday, < a href= "//www.sjfzxm.com/news/index_c.asp" > PTA < /a > the period price maintained a consolidation pattern. The main contract was closed at 1501 points at 6926 points, down 2 points. In September, 7300 contracts could be considered in the vicinity of contract 7300, and there was support near 6900 in January.

The stop loss reference is moved down 100 points.

In terms of price differentials, close to spot delivery, the alliance's willingness to hold prices has not slackened, but in January it had too much discount.

The meaning of operation is not obvious.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > spot market < /a > overnight PX price stability is mainly, quote 1365 dollars / ton.

5, the production capacity of copper Kunming 1 million 600 thousand tons was discontinued, and Yisheng production capacity continued to load down.

PTA futures performance is weak, the spot market focus is stable, but buying is against high prices, and the overall negotiation is slightly deadlocked.

At present, the spot offer is delivered at 7550-7600 yuan / ton, the delivery rate is 7500 yuan / ton, and the reference is near 7530-7550 yuan / ton.

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< p > a single delivery to 7530 yuan / ton.

Under the influence of < a href= "//www.sjfzxm.com/news/index_c.asp" > PX < /a > outer market decline, the PTA dollar market gravity center is slightly deadlocked, but due to the August PTA Factory Limited production parking mostly, under the tight supply of goods, the center of gravity remained stable.

At present, the shipping quote is $1020-1025 / ton, and the reference is near $1010-1015 / ton.

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< p > the current PTA futures price is in the stage of industrial game, and the upstream PX price is affected by the reduction of PTA factory production, the price is slightly weaker, the current downstream polyester has the intention to replenish the stock, and the price of the PTA industry is obvious.

At present, PTA futures still maintain a large discount, and the early price fall is constrained by PX's weakness. The stabilization of PX led to a rebound in PTA prices.

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< p > PX fell 30 to 1340 US dollars / ton, the conversion cost of PTA was 7290 yuan, and most of the devices were profitable at the current spot level.

Downstream polyester polyester production and marketing is not good, because weaving began to decline due to environmental factors, inventories rose significantly, polyester enterprises overhaul efforts increased, load fell to a few months low.

Yisheng recently lifted the heavy responsibility of reducing production, slowed down PTA's surplus speed, maintained its short-term stock market, and expected the PTA price to be high and volatile.

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