Guo Yuan Hai Qin: Crude Oil Rises Hardly Boost &Nbsp; PTA Is Still Weak.

PTA futures

The main contract 1105 contract opened at 9366 in early trading, the highest 9378, the lowest 9088, closing 9246, compared with the 29 day settlement price fell 94 yuan, the turnover is 773372 hands, the holding capacity is 165096 hands, the day increases the warehouse -2194 hand.

Upper reaches

Side: the increase in US consumers' holiday shopping on Thanksgiving Day means increased confidence in the economy. On Monday, international oil prices rose strongly, and New York light crude oil futures exceeded 85 US dollars in recent months.

On Monday (November 29th), the New York commodity futures exchange West Texas light oil futures settlement price in January 2011 was $85.73 per barrel, up 1.97 dollars from the previous trading day, and the trading range was 83.59-85.9 dollars; the London intercontinental Brent crude oil futures price clearing price in January 2011 was $87.34 per barrel, up 1.76 US dollars from the previous trading day, and the trading range was 85.5-87.51 US dollars.

On the 26 day, the closing price of Asian PX was 1266.50-1267.50 U.S. dollars / ton (FOB Korea); 1281.50-1282.50 US dollars / ton (CFR Taiwan), the price fell by 6 US dollars / ton compared with the previous day.

Goods in stock

Aspects: today's East China PTA line brand quotation is 9100 yuan / ton, and domestic buyers' enquiry is not higher than 9000 yuan / ton, and the negotiation value is 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 pactions were around 1130 US dollars / ton, and the price was large.

Execution contract

Mainly, the spot semi light section quality quotation is 12000 yuan / ton, the individual lower reported 11600 yuan / ton, the discussion 11600-11800 yuan / ton, wait-and-see atmosphere is thick, the market rarely has the paction.

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.

In November, the contract price for polyester chips in East China was 12800 yuan / ton, and the contract price in December was 13000 yuan / ton, while in Southern China it was 1285013000 yuan / ton.

Today, polyester staple fiber continues to slide 500 yuan / ton, polyester POY has 200 yuan / ton decline, polyester DTY is flat, FDY has 200 yuan / ton decline.