Polyester Market Steady, Production And Sales Rebounded.
International crude oil prices are rising and falling, and Asian PX prices are rising.
Domestic PTA operating rate remained at around 65%.
PTA spot price rose slightly.
Polyester market is stable, production and sales have picked up, and downstream weaving and bomb businesses are cautious in purchasing raw materials.
Technically, the PTA1509 contract was down sharply, and the price dropped 4800 after the first half of the price.
Short-term
Tend to broad shock trend, operation, the 4500-4700 interval pactions.
News: 1, 10 days in Asia
PX
The price rose 5 US dollars to 866.5 U.S. dollars / ton FOB Korea and 887.5 US dollars / ton CFR Taiwan / China.
2, Xiang Lu petrochemical PTA7 month listing price of 5200 yuan.
Zhangzhou's 4 million 500 thousand ton PTA plant has been shut down. At present, it is reported that the device is scheduled to restart near the end of July, but the exact restart time has not been answered by the authorities.
Spot price: the East China PTA market offers a price of 4550 yuan and up to 4500 yuan, the negotiation is maintained at 4500-4550 yuan, with a single paction at 4540 yuan.
American gold plate
Price
A narrow range of fluctuations, the daily offer of $710, the delivery of $680, the shipping price is slightly lower, the negotiations are expected to be around $690-700, the paction is limited.
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In 2015, the world's cotton will also be a bumper harvest year. Until 9 and October, new cotton will be on the market, and the contest of air power will start again.
Judging from the past six months, the cotton market is very calm. Almost 13500 of the eggs are steamed around. This price has been temporarily balanced since it basically meets all expectations. But since it is a "temporary balance", it will surely have a balance to be broken, and the final balance breaking force can only come from the market, and supply and demand is the power to decide the long-term trend.
At the beginning of the year, there were "BRICs" sounding words of "cotton lows will appear in 3 and April", and words are still in their ears. I do not want to think that the low price of cotton in June 2015 has hit a new low since November 2014.
Originally, a friend who had hoped for a decent rebound in the hope market ended in disappointment in the first half of 2015.
The downstream cotton spinning industry is also undergoing the pain of pformation. In addition to the increasingly high demand for cotton quality grade and most of the reserve cotton quality can not meet the requirements, the substitution of cotton fiber alternatives (such as chemical fiber, recycled fiber) to cotton fiber has formed a climate. Most of the orders that I contacted in the second half of 2015 in the South were mainly blended fabrics.
Even some orders for pure cotton fabrics, merchants still choose imported cotton yarn, for everyone knows, we don't talk about cliches.
6.30, the management made clear the news of storing the cotton wheel storage and gave the market a "reassurance". The upstream cotton enterprises can calculate the selling price accordingly, and the downstream cotton mills can calculate the purchase price accordingly. The market is not worried about the price level, and the "uncertainty" is concerned. The price of the cotton will fluctuate around the price center set by the policy, which will have a positive effect on cotton planting and processing and cotton mills purchasing cotton.
In the second half of 2015, what will happen in the cotton market? I have no idea.
A market share we share with you is that Vietnam's spinning mills are starting to run very well, most of which are orders from China. Their cost of cotton is about 1100. Several of my friends are purchasing managers of some well-known brands in China. In the second half of the year, they will go to Southeast Asian countries such as menagara and Kampuchea to inspect the production base of fabrics and garments.
Entrepreneurs used to vote by order, and entrepreneurs are voting with feet.
In 2015, the time was more than half.
In the second half of the year, for the cotton and cotton yarn market, profits and profits are interwoven, and there is no lack of hype. As an investor entrepreneur, we must insist on sticking to the principle of "cleaning up the ear root" and visiting the first tier production enterprises instead of looking at the "research and development reports" that are full of figures and charts.
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