Upstream Raw Materials Rebounded But Short And Short Turnover Is Still Weak.

　　 Raw material Market The PTA market is stable in the afternoon, and the offer is 7500 yuan / ton to the nearby market. The counter offer is close to 7400 yuan / ton. The current single transaction has been sent to 7450 yuan / ton nearby; Bonded The offer was close to $990-995 / tonne, and there was no actual deal heard around the $985 / ton estimate.

In the afternoon, the center of gravity of MEG was slightly callback, the spot price was 7450 yuan / ton, and the turnover was near 7400-7450 yuan / ton; in September, the next shipment was discussed at 7550-7600 yuan / ton; the external market atmosphere was slightly weaker earlier, and the recent shipping commodity reported 995 dollars / ton near 990 dollars / ton or slightly higher; the forward report was 1005 US dollars / ton or slightly above the level.

　　 Market description Today, polyester and short market horizontal plate finishing is the main force. The price quoted by the manufacturers is basically stable. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is reported to be 9800-9900 yuan / ton, and the downstream is holding a wait-and-see mentality.

　 Fujian The main reason is that the market is short and stable. The 1.4D direct spinning polyester short mainstream newspaper is delivered to 9850-9900 yuan / ton, and the turnover is mostly around 9850 yuan / ton, and the downstream mentality is cautious.

Shandong, Hebei market short and smooth finishing, 1.4D direct spinning polyester short mainstream newspaper 9900 yuan / ton nearby, arrived at 9800-9900 yuan / ton, early purchase is not much, wait-and-see is the main.

　　 Industry dynamics Futures PTA main contract 1409 rose 90 points, closed 7280, tied 7286, traded 1356392 hands, holding 30980 hands to 597532 hands.

Today, PX's spot focus has risen by more than 50 US dollars / ton. At present, the August shipment is quoted at 1530 US dollars / ton CFR Taiwan, which is 1470 yuan / ton CFR Taiwan, and 1417 dollars / ton heard in September.

　 Relevant market Jiangsu and Zhejiang semi light chip market is generally traded. Some of the turnover yesterday could be reduced, but the focus is now on 9100-9200 yuan / ton cash, mostly for small and medium-sized ones.

Shengze market yarn market consolidation. Pure polyester yarn is still weak, stable prices, 32S mainstream 13600 yuan / ton up and down, 45S mainstream 14600 yuan / ton near.

　 China Textile review: Upstream raw materials have rebounded, the overall atmosphere of pet market has improved slightly, but the short and short turnover is still weak in the near future. It is expected that polyester and short staple market will stabilize in the short term. If the downstream market is centralized, replenishment will not be ruled out.