(11.12) Analysis Of Today's PTA/MEG Market
today
PTA market dull wait and see, futures opening limit, the spot market small offer to 10000 yuan / ton down, some buyers pass 9500 yuan / ton, the market wait-and-see atmosphere is strong, the actual talks are scarce.
In the morning, the PTA market in Asia has a strong wait-and-see atmosphere. The buyers and sellers are in a stalemate, and the offer is scarce.
Zhengzhou
PTA futures and cotton futures are down. The buyers in the MEG market are mostly wait-and-see, and the offer is also in a mess. Today, ethylene glycol in Asia is quoted for $1080 / ton in November. There is a lack of delivery in the mall, and the price is estimated at US $1060 / ton CFRL/C90 days.
Ethylene glycol in East China
market
Sporadic shipment of 8700-8800 yuan / ton, the specific deal to be concerned.
Opening of the Asian Games, a day off in Guangzhou, the morning market of ethylene glycol in Southern China was very quiet. There was no offer at all. It was estimated that about 9000 yuan / ton was raised.
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