PTA: Short Term Showing Disadvantaged Collation Trend

Sanctions against Iran crude oil exports will not be immediately removed, and international crude oil shocks will rebound and Asian PX prices will fall slightly.

Domestic PTA operating rate remained at around 64%.

PTA spot price is weak.

Polyester market consolidation, polyester stocks remain high, continue to give priority to shipment, downstream weaving, bomb business to raw material cautious procurement.

News: 1, 14 days in Asia

The price fell by 4 US dollars at 846.5 US dollars / ton FOB Korea and 867.5 US dollars / ton CFR Taiwan / China.

2, the PX-MX price difference is too small, the Korean modern 2#PX device is currently parking, restart time to be determined.

3, India MITSUBISHI has closed its Hall Dia.

Device, restart time to be determined.

Spot price:

The PTA market offer is near $4500, and the delivery rate is 4450 yuan and above. At present, the negotiation is at 4470-4500 yuan, and there is a real single deal.

The price of the US gold disk is stable. The daily offer is $705, the delivery rate is $675, the delivery rate is slightly lower, the market negotiation is close to $660, and the paction is limited.

Technically, the PTA1509 contract has been reduced, and the price test has been tested by 4400 front-line support. The upper 5 day line is facing pressure, and the short term shows the trend of disadvantaged consolidation, and the 4400-4650 interval pactions.

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In the recent market, the traditional market of polyester fabric has both thick and thin, and the overall turnover trend is showing a trend of upward trend.

In the autumn fabric part of the shop, the new and old customers were continuously buying and selling the bulk of the new and old customers, but in the summer the fabric turnover was partially inadequate.

There are still lots of pactions in the jet weaving category. There are still lots of small and medium-sized subscriptions in scale, but printing and dyeing fabrics still grow. However, some small and medium-sized businesses are not doing enough.

The varieties of autumn Dacron polyester fabric and polyester composite fabric have increased, and spot trading has been dispersed.

The color and variety of spring Asian textile composite fabric increased significantly.

The turnover of Dacron garments on autumn clothing increased incrementally, and the number of pactions in batches was small and medium to large. Some scale business outlets also increased in spot trading and order delivery, and the overall volume of autumn heavy medium polyester fabrics increased.

In the autumn, polyester wool was partially expanded, and polyester imitation wool and polyester like elastic fabrics were mainly made in autumn suits, trousers and jackets.

In the autumn, polyester and linen fabrics were printed and dyed with different colors, and the amount of flower and fabric was increased.

The autumn simulation silk fabrics made of polyester FDY and polyester FDY gloss, FDY semi gloss and triangular profiled silk were traded partially. The autumn polyester simulated silk fabrics were partially smooth after dyeing, printing, jacquard, embroidery and many other varieties. The local fabric of the creative pattern fabric showed a prominent advantage, while the simulated silk composite layout increased slightly, but the summer silk fabrics were not enough.

In summer clothing for middle-aged and elderly women, polyester FDY118D knitted printing two faced domestic sales varieties and young and middle-aged women's clothing with polyester FDY118D four sided domestic demand foreign trade fell slightly after the paction, but the overall market growth is relatively slow, the overall market turnover is still insufficient.