Tighten The Bad Atmosphere &Nbsp; PTA Tested 10000 Points Support

　　 Zhengzhou PTA futures will be reduced 4 days later. The main 1109 contract closed at 10144 yuan / ton, down 122 yuan / ton. Yesterday, PTA was down and down with the domestic monetary tightening and bad atmosphere.

At present, the upper and lower reaches are not strong support, and the domestic bad atmosphere is thicker. Technically, PTA At present, the 10 day average line is suppressed. Overnight crude oil and US cotton are all down. Overall, PTA will continue weak consolidation in the short term, or will again test the support of 10000 points.

New York Mercantile Exchange (NYMEX) crude oil futures closed down 4 U.S. dollars per barrel, 110 U.S. dollars, as data show that the United States in April 29th week commercial crude oil inventories increased more than expected. NYMEX June light crude oil futures settlement price fell $1.81, to $109.24 a barrel, or 1.6%. ICE Beihai crude oil futures for June delivery closed down 1.26 U.S. dollars, at 121.19 U.S. dollars / barrel, or 1.03%. In addition, the US economic data are disappointing and pressure the crude oil market.

Intercontinental Exchange (ICE) Stage cotton The 4 day closing dropped sharply, which was related to the selling of investment funds. Analysts said that the commodity market was going down and the downtrend may continue in the next few days. Asian PX rose 3 to 1571-1572 U.S. dollars / ton FOB Korea, Europe rose 30 to 1638-1642 U.S. dollars / ton FOB Rotterdam, the United States fell 5 U.S. dollars to 1620-1625 U.S. dollars / ton FOB Gulf of America.

On the spot side, the PTA spot market in the internal market has a general trading atmosphere, and the focus of the transaction has shifted down. The mainstream quotation in Jiangsu and Zhejiang markets is near 10550 yuan / ton, and the transaction price is near 10500 yuan / ton, and some buyers are offering a counter-offer of 10450 yuan / ton. On the outside side, the spot sale price of general Taiwan products is around $1330-1335 / ton, and the spot sale price of general Korean products is around 1325-1330 US dollars / ton.

Downstream market, Zhejiang Polyester filament The market as a whole has steadily declined, and the number of hot selling varieties has increased by 50-100 yuan / ton. The recent rigid demand supports the overall production and sale of polyester and silk products in Jiangsu and Zhejiang provinces. Most of them are 8-10, some are slightly higher than the others, and a few are slightly lower than 6-7. Under the pressure of some factories and factories, the discount rate of the factories is increasing, but the atmosphere of market turnover is still weak.