Downstream Vulnerable, PTA Shock Adjustment
Today's PTA1201 contract intraday ups and downs, early opening slightly opened at 8702 points, opened sharply after a sharp jump, the diving range of 170 points, to today's lowest 8616 points, once again rebounded to high, early morning showed a sharp shock, closed at 8726 points, today's morning positions increased 18264 to 343544 hands, yesterday's volume fell slightly to 1 million 800 thousand hands.
On Wednesday, New York crude futures fell 2.97 U.S. dollars in December, closing at 90.20 US dollars / barrel; Brent December.
futures
It dropped $2.01 to close at $108.91 / barrel.
OPEC recently released a basket of oil prices in October 24th for 109.11 U.S. dollars / barrel.
In October 26th, PX in Asia basically stabilized at $1530 / ton FOB Korea, and European PX basically stabilized at $1462 / tonne FOB in Rotterdam. In the spot market, PTA in the internal market fell 50 yuan to 8950 yuan / ton, and the external market PTA fell 5 US dollars to 1160 US dollars / ton.
The market of PTA and MEG shows the trend of adjustment, and the price is slightly downward, and buyers' intentions are not good.
On the whole, the US Department of energy's Energy Information Administration (EIA) released crude oil as of October 21st.
Stock
Presentation.
The report shows that US crude oil inventories increased by 4 million 700 thousand barrels this week, exceeding analysts' expectations.
Crude oil reversed the previous three trading day's continuous rally.
The price of polyester in the downstream still has a slight decline, but the amplitude is easing compared with the previous few days. The total quantity of textile terminal orders is soft, and buyers' shrinkage, wait-and-see, and price reduction operations are increasing.
Technically, the PTA1201 price deviates from the KD line.
PTA
After the strong rebound, it will oscillate above the 8520 point of the previous support line. The recent intraday wave amplitude is relatively large, and the trend is not obvious.
- Related reading
Guangxi Cocoon Silk: Ups And Downs &Nbsp; Cocoon Silk Market Is Still Stuck.
|- I want to break the news. | Smile, Confidence, Smile And Charm.
- I want to break the news. | Summer Dress
- I want to break the news. | Endorsement Activities Wear Sexy White Etiquette Skirt.
- Entrepreneurial path | How To Dress And Speak?
- Bullshit | MV New Songs And Tidbits
- Bullshit | Avatar Hua Xianzi Romantic Photo Portrait
- Bullshit | Wear A Sailor's Costume, Cute Double Horsetail Hair Style Hazy Portrait Photo.
- Bullshit | Seashore Fairy White Skirt Sweet Picture
- Bullshit | Summer Street Takes Pictures. The Harbor Is Full Of Wind.
- Bullshit | Pink Sling For Sweet Self Timer Photos
- "Wulong Yao Shi" Boosted The Soaring Of The Brand Of The Children Of The Brand.
- Guangxi Cocoon Silk: Ups And Downs &Nbsp; Cocoon Silk Market Is Still Stuck.
- Cotton Is Low And High &Nbsp; Restricted 20 Day Moving Average.
- 7 Provinces And Cities Pilot Trade Foreign Exchange Reform
- PLAYACH Landed In China And Started Her Fashionable And Luxurious Trip To China.
- A Slight Improvement In Market Climate; &Nbsp; PTA Concussion.
- The First Exhibition Of Southern China Baby Pregnancy Industry November 17Th Highlights
- ICE Cotton Closed 26 Days "Four Consecutive Ups"
- Fast Fashion Brands H&M And UNIQLO Are Determined To Enter Foshan At The End Of The Year.
- Seize The New Market Opportunity In The Integration Of Garment Industry