Zhengzhou PTA Futures Traders Are Still Watching.

　 Zhengzhou PTA futures closed lower in December 8th. The main 1105 contract closed at 9440 yuan / ton, down 38 yuan. The international crude oil fell again overnight, and the trend of the PTA downstream market is still weak. At present, the domestic market lacks confidence, and most of them are still on the sidelines.

In addition, this week before and after the interest rate sensitive window to usher in the market panic in the short term, it is difficult to disperse. The expected price will continue to shake.

New York Mercantile Exchange (NYMEX) crude oil futures 8 days closing low, because the US government released data show that last week, the United States fuel inventory level rose more than expected. The New York Mercantile Exchange's crude oil futures contract settlement price fell $0.41, or 0.5%, to $88.28 in January. The Department of Energy said gasoline stocks increased by 3 million 800 thousand barrels in the week to December 3rd, including 2 million 200 thousand barrels of distilled oil, including heating oil and diesel. After the energy department's report was released, crude oil prices initially dropped to $87.33, and some of the lost land was recovered later. Falling crude oil will cut chemical costs and adverse future prices.

7 days in Asia PX The closing price is 1307.00-1308.00 U.S. dollars / ton FOB Korea, 1322.00-1323.00 dollar / ton CFR Taiwan, the price is up 43.5 US dollars compared with the previous day.

On the spot side, the Asian PTA spot market atmosphere is light, the Taiwan product offer is near 1170 US dollars / ton, the negotiation area is near 1160 US dollars / ton, and Korean spot trading is near 1140-1145 US dollars, and the overall turnover is scarce. The PTA market in East China is getting warmer. The seller's offer in the market is over 9300 yuan / ton, and some enquiries are in the range of 9230-9240 yuan / ton. The market mainstream talks about 9250-9280 yuan / ton, and the atmosphere is better.

Downstream areas, Jiangsu and Zhejiang provinces Spun The market is weak and collated. The main quotation is 12800-14000 yuan / ton, and the focus of negotiations is maintained at 12800-13300 yuan / ton. The wait-and-see atmosphere is strong and the purchasing enthusiasm is poor. Zhejiang Xiaoshao area polyester filament mainstream manufacturers reported stable and stable, individual structural adjustment, mixed with each other, but the overall market turnover atmosphere is weaker than yesterday. Polyester factories are mainly due to inventory pressure, and some of the actual transaction process has preferential treatment, production and marketing remain at 100-150%, individual factories 200% partial, slightly lower in 6-7, downstream and traders wait-and-see sentiment is still strong.