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State Yuan Hai Qin: The Central Bank Raised Interest Rates &Nbsp Again; PTA Fell After The Innovation.

2011/2/10 17:19:00 112

Today's PTA futures contract 1105 contract opened at 12908 in early trading, the highest 12100, the lowest 11902, closing 11944, compared with the 8 day settlement price rose 16 yuan, turnover 314632 hands, holding positions 221870 hand, day increase warehouse 10828 hand.

Upstream: NYMEX March crude oil futures contract settlement price fell $0.54 to $86.94 a barrel, or 0.6%.

The settlement price is lower than the ICE Brent crude oil futures contract by 12.98 US dollars.

ICE Brent crude futures rose 0.67 US dollars in March to 0.7% US $99.92 a barrel.

On the 8 day, the closing price of Asian PX was 1617.00-1618.00 USD / ton (FOB Korea); 1637.00-1638.00 USD / ton (CFR Taiwan), the price fell by US $5 compared with the previous day.

Spot: East China

PTA Market

Wait and see atmosphere is strong, most.

business

No return to the market, scarce offer, buyers wait and see more, a small number of negotiations in the vicinity of 11050 yuan / ton, the actual offer is light.

The PTA spot market in Asia looks dull. On the first day after the holiday, most businesses in the market take a cautious attitude and do not hear the actual offer.

Downstream: February 8th, semifluid polyester chips, great gloss.

polyester

The price of chips has gone up, and the half spot price is 13600 yuan / ton in March. The cash flow is generally 13500 yuan / ton.

The market of polyester staple fiber in Jiangsu and Zhejiang provinces is light. The mainstream market of polyester staple fiber is quoted at 14300-15500 yuan / ton, and the focus of discussion is 14200-14400 yuan / ton.

Shaoxing factory opened up 300 yuan polyester, FDY50/24, 75/36 reported 18600, 16900 yuan / ton.

Wuxi's mainstream factory FDY rose one hundred, another factory temporarily stable, 75/36, 100/48 mainstream offer at 16900-17100, 15500-15800 yuan / ton.

Overall: during the festival, crude oil fell sharply, PX small shock, the United States cotton futures high shock.

Today, PTA has opened up to a new high, and then has been sorted and sorted. The closing line is above the 5 day moving average, and the upward trend is maintained.

From the top 20 institutional positions and changes in the post market, the overall length of the two sides increased holdings, a bit more holdings.

Crude oil callback, domestic stock market rebound is weak, cotton prices are high after the fall, PTA will be high and shock consolidation, but the general idea can still hold a strong shock.

On the operation, we should hold more cautiously in the early stage, or buy in a high price, buy in a bargain, and operate in a rolling way. If there is no single callback, we should not buy too much.