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    Zhengzhou PTA19 Rose Slightly &Nbsp, Downstream Demand Downturn

    2010/11/19 17:30:00 62

    Zhengzhou PTA

      

    Zhengzhou PTA1105 contract 19 days

    Closing quotation

    Up 0.40%, at 9964 yuan per ton.

    Ireland

    Support for debt crisis mitigation and oil rise


    On the 18 day, the New York commercial Futures Exchange (NYMEX) crude oil contract in December rose 1.41 dollars or 1.75%, at $81.85 a barrel.

    The US Labor Department announced that the number of unemployed Jin people rose to 439 thousand at the beginning of November 13th, but it was close to market expectations. The data released by the Federal Reserve Bank of Philadelphia showed that the manufacturing activity index in the middle coast of the Atlantic in November was the highest in a year. The president of the Central Bank of Alan said it expected that the country would get tens of billions of euros in loans to help support the bank and stabilize the economy.

    Worries about the outlook for Europe and the United States have thus declined.

    In addition, China's pressure to tighten liquidity has declined slightly.

    crude oil

    Pick up.

    The rise of crude oil will increase the cost of chemical industry and benefit future prices.


    PTA, on the 18 th, Shengze chemical fiber market, PTA prices rose, MEG prices fell, semifluid polyester chips, large gloss polyester chip prices were stable, CDP slice price trend changed little, polyester bottle price stable.

    On the market, half light section cash mainstream 12800 yuan / ton, glossy slice cash mainstream generally in 12700 yuan / ton, CDP slice Market spot paction price in 14000 yuan / ton about six months acceptance, PET bottle market generally sent to the paction price in 13000 yuan / ton.


    The downstream water jet weaving is more stable, and the warp knitting weaving rate is still rising. However, the price of polyester raw materials is fluctuating. The weaving factories and bomb companies are cautious and the purchase is reduced. The market of polyester and silk in Shengze and Jiaxing is sluggish and the market volume is low.

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