Home >

Unstable Market Mentality; &Nbsp; PTA High And Low.

2010/11/20 14:32:00 80

Zhengzhou PTA futures

The concussion rose in November 19th.

The main contract 1105 opened 10226 yuan / ton, the highest 10256 yuan / ton, the lowest price 9756 yuan / ton, closing 9964 yuan / ton, up 40 yuan or 0.4%.

volume

905100 hands, 158120 positions, reduce 2542 positions.

From the market outlook, the Irish debt crisis eased, the US data rebounded well, and the panic on the periphery eased somewhat, boosting the popularity of the domestic futures market.

There is also a technical rebound demand for short-term PTA, but the state's determination to control inflation is strong and the downstream demand is sluggish. At the same time, the domestic interest rate sensitive window is expected, and the short-term PTA will remain volatile.

New York Mercantile Exchange (NYMEX) crude oil futures continued to rise in Asia on the 19 day, due to market pairs.

Irish debt crisis

As fears began to weaken, the hope of economic recovery increased, the US dollar slipped and the risk appetite of stocks and other commodities was lifted.

As of 15:00 Beijing time, NYMEX crude oil futures in December reported 81.87 U.S. dollars / barrel, up 0.02 U.S. dollars, or 0.02%.

The contract rose $1.41 to $81.85 a barrel, or 1.8%, on the 18 day.

Singapore IE announced that as of November 17, 2010, Singapore's light distillate oil inventories increased by 623 thousand barrels, with a stock of 9 million 733 thousand barrels, while Singapore's medium distillate oil inventories decreased by 721 thousand barrels and 14 million 626 thousand barrels of inventories.

Over the same period, heavy fuel oil (residual oil) inventories were reduced by 2 million 15 thousand barrels, with a stock of 18 million 955 thousand barrels.

The stock of light distillate oil in Singapore has increased to the highest level in 2 weeks. Due to the slow demand for light duty oil in winter, the estimated stock will continue to rise.

On the market side, on the 18 day of Shengze chemical fiber market, PTA prices rose, MEG prices fell, semifluid polyester chips, large gloss polyester chips 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.

Downstream, downstream water jet weaving starts more stable, warp knitting weaving rate has picked up, but polyester raw materials prices fluctuate, weaving factories, bomb companies cautious, reduce purchases. Shengze and Jiaxing market polyester market slump, low volume of market pactions.