Mid Beijing: PTA Volume Increase Position &Nbsp; Continuation Of Weak Downward (7.01)

PTA

Low open and low walk, continue the weak downward.

The main contract TA1009 paction volume 127 thousand hands, to 311042 hands, increased 8490 positions, to 172544 hands; the contract opened at the morning of 7234 yuan / ton, compared with the previous day settlement price 22 yuan / ton lower, the beginning of the period, the price quickly rushed 7252 yuan / ton the highest throughout the day, followed by a decline.

Today, the lowest price is 7136 yuan / ton, and the final settlement price fell 112 yuan / ton compared with the previous trading day, and it was reported at 7144 yuan / ton.

Spot market

On the other hand, the PTA spot market in East China is weak, the offer intention is roughly 7050 yuan / ton, the factory delivery intention is 7000 yuan / ton, the firm offer is roughly 7000-7050 yuan / ton, and the exchange is scarce.

The PTA external cargo market has fallen slightly, with an odd offer of $865 / ton, and some enquiries for us $850 / ton, with a firm offer of roughly US $850-855 / ton, with cautious buyers and scarce trading.

In addition, Zhangjiagang ethylene glycol market mainstream quotation is still 5850 yuan / ton, buyer interest 5800 yuan / ton, buyers and sellers stalemate wait and see, the morning business situation is general.

Goods in stock

There are few buyers selling the real price, and the downstream is stable for a short time. Under the weaker influence of the peripheral market, some of the higher quoted prices begin to become loose and the atmosphere is strong.

With the advent of the traditional textile off-season, the short term PTA is weak or prolonged.