PTA1509 Contract Continued Volatility Downward Trend In Early Trading
On Monday, the PTA1509 contract continued to decline in early trading. After the afternoon session, the closing price of the 4814 was closed, and the night market continued to decline, closing at 4758.
Domestic PTA spot
market price
The index fell 135 points to 4720 points.
The Exchange announced 142081 PTA warehouse receipts, 1701 decrease, 3464 effective forecasts, 2300 sets of bulls and 2300 sets of empty bins.
Operation suggestion:
PTA
1509 the price of the contract period has been greatly reduced by the continuous callback of the crude oil outside the market, and the short-term price will continue to decline.
We are concerned about the impact of crude oil price changes on PTA.
Operation
Short-term trading
Mainly, PTA1509 contract resistance area 4800, support area 4700.
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Southern China has great potential for textile suppliers at home and abroad.
Shenzhen has many women's clothing production plants, and is located in the central location of Southern China.
Looking around Shenzhen, Hongkong has many procurement offices, while Zhongshan is the focus of casual wear, while Huizhou is the production center for men's wear.
From past exhibitions, we have seen more and more international fashion brand buyers go to the meeting, such as Brooks Brothers, Diesel, Esprit, Givenchy, vertical and horizontal two thousand, etc.
This year's exhibition will be attended by the Korean Pavilion, the Chinese Taiwan Pavilion and the Shengze Pavilion.
The Korean Pavilion has been participating in the Shenzhen fabric exhibition for the 6 time in a row. It is jointly organized by the Korean Fashion Textile Association and the Daegu Textile Industry Association. It will display functional textile fabrics, imitation linen fabrics made from rayon, rayon blended yarn, fabrics, washable gauze and leno fabric, copper and ammonia fabric shirts, etc.
The Chinese Taiwan pavilion was again organized by Taiwan spinning and weaving Association. Most of the exhibitors focused on high quality knitted fabrics, functional fabrics, denim fabrics, and women's lace and embroidery fabrics.
The Shengze Pavilion is made up of enterprises from the Eastern Silk Market of Wujiang, Jiangsu, mainly based on silk, chemical fiber fabrics, women's wear fabrics and functional fabrics.
Miss Fung, the organizer of the Taiwan Exhibition Group in Taiwan, saw the advantages of Shenzhen noodles accessories exhibition. She said: "now Shenzhen exhibition is a gathering stage for professional textile companies in Southern China, covering the industry, the middle and lower reaches, and is an exhibition with unlimited business opportunities and commercial exchanges.
In addition, Shenzhen and Hongkong are adjacent to the international brand buyers who set up offices in Hongkong. They will go to the exhibition to find out the latest fashion trends and search for new fabrics.
This year, the Taiwan Pavilion will showcase a wide variety of options, from raw materials to fabrics, including high grade flower fabrics, lace, printed and knitted fabrics, computerized embroidery, popular knitted fabrics, high-grade Tencel cotton, Tencel flax blended, pure linen, knitted, denim fabrics and so on.
Some exhibitors will also bring Taiwan's proud functional textiles.
At the fair, we will see a number of excellent enterprises at home and abroad exhibiting. Asahi Asahi textile trade (Shanghai) Co., Ltd. will show the latest application of fabrics.
Airport knitting will bring knitted fabrics and embroidered fabrics for high-end women's and wedding dresses.
In addition, there is also a leader in the accessories industry, the blue beauty Shenzhen limited, the Xun Xing zipper, one of the ten zipper brands in China, specializing in the printing and dyeing of Zhejiang red, green and blue textile printing and dyeing Co., Ltd. and Shaoxing Ding Ji printing and dyeing Co., Ltd.; the knitting denim has been gaining momentum in recent years, among which the representative enterprise Jiangsu Zhong Heng dyeing and finishing Co., Ltd. and Jiangyin Hengliang Textile Co., Ltd. also arrived at the exhibition site. Silk fabric has been a strong product of Shenzhen exhibition.
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