Market Confidence Is Less Than &Nbsp; PTA Or Weak.

　　 Zhengzhou PTA futures High and low in November 30th. The main 1105 contract closed at 9246 yuan / ton, down 94 yuan. Crude oil fell nearly $84 overnight, and the market continued to worry about more debt problems in Europe and domestic policy expectations. In addition, Goods in stock And the downstream market continues to slide, and the market's bullish confidence is still undervalued. It is expected that PTA will continue to remain vulnerable.

　　 The New York Mercantile Exchange (NYMEX) crude oil futures closed down on the 30 day and the settlement price fell nearly $84 a barrel, as concerns about the European sovereign debt crisis returned on the eve of the key US oil inventory data release. The New York Mercantile Exchange's crude oil futures contract settlement price fell $1.62 to $84.11 a barrel, or 1.9%. ICE Brent crude futures fell $1.42 to $85.92 a barrel. In December, the RBOB gasoline futures settlement price fell 1.94 cents to 2.2652 dollars per gallon. In December, the settlement price of heating oil futures fell 4.12 cents to 2.3169 dollars per gallon. Two the contract has expired at the time of settlement.

On the 30 day, earlier this week, Europe reached an Irish rescue plan of 67 billion 500 million euros, but this did not ease the market's worries that other countries might need the same assistance in the future. In view of the current tightening measures and the difficult credit environment, the euro zone crisis has led investors to worry about the future demand for crude oil in the region. In addition, the euro fell against the US $30 against the US $1.30 mark, and the strengthening of the US dollar also brought some pressure to the price of crude oil.

　　 Goods in stock Yesterday, the East China PTA line brand quoted 9100 yuan / ton, and the domestic buyers' enquiry was not higher than 9000 yuan / ton, and the negotiation value was 9000-9050 yuan / ton cash. Asian Taiwan produced a PTA offer of 1140 US dollars / ton, and the buyer's intention was raised to US $1130 / ton. The discussion was valued at US $1135 / ton CFRL/C90 days. In the morning, some mainstream transactions were around 1130 US dollars / ton, and the price was large.

　　 Downstream, the polyester chip market in Jiangsu and Zhejiang is still cold, the main factory execution contract is mainly, the spot semi light chip quality quotation is 12000 yuan / ton, the individual lower reported 11600 yuan / ton, the discussion 11600-11800 yuan / ton, the wait and see atmosphere is thick, the market rarely has the transaction. A new set of 300 thousand tons of new polyester in Tongxiang has been put into operation recently. The device will produce half light section in the near future, and its output will be about 500-600 tons per day, most of which will be produced by oneself.