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    Zhengzhou PTA Plunged, Worried About Textile Tax Rebate Rate

    2011/3/29 10:06:00 29

    Zhengzhou PTA Market

    Zhengzhou PTA1109 contract 28 days

    Closing quotation

    Down 3.62%, at 11132 yuan per ton, Japan

    nuclear radiation

    The problem is difficult to control and

    market

    Worry

    Spin

    The tax rebate rate is down, bringing pressure.


    25, New York commercial futures

    paction

    The (NYMEX) crude oil contract settlement price in May was 105.40 US dollars, down 0.20 US dollars or 0.19%.

    The situation in the Middle East is tense, but there is no shortage of real supplies.

    A number of Fed officials said the Fed could not expand its $600 billion bond buying program because of the more stable US economy.

    The enthusiasm of the crude oil market declined slightly. The fourth quarter GDP of the US increased by 3.1% over the annualized rate, slightly better than the forecast, but the news failed to drive up the price.

    Stable crude oil will not increase the cost of chemical industry, and will not create pressure on futures prices.


    27, on the Shengze chemical fiber market, PTA spot price adjustment, MEG price consolidation, semi gloss polyester chip, large gloss polyester chip price consolidation, CDP slice price stable, polyester bottle price consolidation.

    On the market, half light section cash mainstream is in the 13550 yuan / ton, the mainstream chips are in the 13500 yuan / ton, the CDP slice Market spot paction price in 14400 yuan / ton six months acceptance, the PET bottle piece market generally delivers the paction price at 14200 yuan / ton.


    The whole polyester market is in a wait-and-see mood. The downstream weaving enterprises are in the cautious operation of quantitative production, and the production and sales rate of spinning factories is not large.

    However, due to the high cost pressure of the polymerized raw material, some coarse denier polyester is on the loss surface.

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