Cost Side Support Weakened &Nbsp; PTA Rebound Space Will Be Limited.
Zhengzhou PTA futures fell 25 days, the main contract 1201 closed at 9546 points, up 2 points. Chinese leaders are demanding not to relax macro - control and bring pressure.
Upper reaches
PX price
After a fall, the cost support for PTA may decline.
The PTA spot market has a rather low trading atmosphere. There is not much talk in fact.
The mainstream of polyester chips is stable, and the market supply is scarce.
Overnight crude oil and US cotton continue to fall, it is expected that the PTA rebound will be limited in the near future, and the shocks will intensify.
The New York Mercantile Exchange (NYMEX) crude oil futures closed down in July 25th, and the US leaders of the two parties have not yet reached an agreement on raising the debt ceiling.
New York time 13:30 on July 25th (Beijing time 2:30 July 26th), NYMEX September crude oil futures fell 67 cents or 0.7%, to 99.20 dollars per barrel, ICE Brent crude oil futures lower 73 cents or 0.6%, to 117.94 dollars per barrel.
US cotton futures fell on Monday, analysts said.
market
Lack of direction and the negative popularity of the US debt crisis prompted investors to circumvent the cotton market and sell contracts.
Asia PX fell 7 to 1512-1513 U.S. dollars / ton FOB Korea, Europe rose 55 to 1523-1527 U.S. dollars / ton FOB Rotterdam, the United States steady at 1415-1420 U.S. dollars / ton FOB Gulf of America.
The spot price, the PTA spot market is dull, the price of the holding company's offer is near 9350-9400 yuan / ton, and the inquiry price of the downstream manufacturers is near 9200-9250 yuan / ton, and the actual price is around 9300-9350 yuan / ton.
The external market is weakening, and the Taiwan goods quoted by the holding company is priced at US $1200-1210 / ton. The downstream enquiry price is about 1195 yuan / ton, and the actual price is about 1200-1205 dollars / ton.
The price of Korean goods is $1185 / ton, and the downstream price is 1170 yuan / ton.
Downstream market, mainstream factories in Jiangsu and Zhejiang provinces
Polyester filament
The level of production and sales is different, most of them are barely flat, a few are about 150% higher, and some factories are lower than 4-6.
Some of Zhejiang's polyester market stability has risen, slightly higher than the Jiangsu market. The mainstream is 50-100 yuan / ton, and the actual turnover is also different because of the varieties, of which POY production and marketing are better, FDY and DTY generally.
Jiangsu polyester recently eye-catching, the adjustment is relatively objective, most of the increase in 100-300 yuan / ton.
- Related reading
Market Analysis Of Various Textile Raw Materials In Major Textile Cities Of China
|- Finished shoes | Strengthening Construction Of Infrastructure In Bao Ye Shoe Industrial Park
- Shoe material excipients | Turkey Textile Industry Will Complete Export Target Of US $125 Billion
- Shoe material excipients | Pakistan Textile Is Expected To Win The EU'S Zero Tariff.
- Shoe material excipients | The US Government Will Provide Huge Assistance To Textile Companies.
- Hat | Luxury Consumption Is Shrinking. Chanel Wants To Lay Off 200 People.
- Hat | New Year'S Day, Footwear And Other General Merchandise Are On Fire.
- Finished shoes | Warm Shoe Leather Association Helps Shoe Companies Expand New Markets To Cope With The Crisis
- Hat | 09 Blocked Employment, Textile And Garment Industry Downturn
- Shoe material excipients | Panzhihua Steel And Other Three Companies Will Issue 3 Billion 600 Million Short Selling Securities.
- Shoe material excipients | In December 31St, Tangshan Issued 1 Medium Plate Prices.
- China'S Cotton Price Index In July 26Th And Province To Factory Price
- Chuang Ji Group Was Selected To The Top 100 Top 100 Enterprises In China'S Apparel Industry. 2010
- 從紀梵希到香奈兒的新寵 (圖)
- Market Analysis Of Various Textile Raw Materials In Major Textile Cities Of China
- 三千家服裝企業銷售額增長21.6%
- Brief Comment On The Market Of Changxin Textile City, Zhejiang
- Christian&Nbsp, Louboutin And YSL'S Red Shoes Controversy
- Shengze, Jiaxing Chemical Fiber Market Dynamic Bulletin
- Weak &Nbsp Is Hard To Change; Cotton Price Will Be Low.
- The Growth Rate Of Asia Pacific Exports Will Slow Down This Year.