Domestic PTA Operating Rate Remained At Around 58%.
Thanks to China's central bank's cut in interest rates, the buying and shorting of the bargain took place, and international crude oil rebounded and Asian PX prices fell.
Domestic PTA operating rate remained at around 58%.
PTA spot prices fell.
Polyester market is declining, polyester factory is mainly stocking with polyester, and downstream weaving, adding bombs and other enterprises are cautious in purchasing.
On the 25 day, Asian PX prices fell by US $9, at 723 US dollars / ton FOB Korea and 744 US dollars / ton CFR China.
2, Japan's Tokyo General Motors is located in Wakayama's 280 thousand ton PX plant. It plans to stop for a 6 week overhaul in early October.
PTA
The market offer is within 4150 yuan, and the delivery is maintained at 4100-4130 yuan from the vicinity. The negotiation is maintained at around 4120-4130 yuan, and the negotiation and paction are limited.
American gold plate
Price
Continue downward.
Bonded
The offer is $590, and the shipping price is $570. The delivery is limited.
Technically, the PTA futures contract of 1601 has gained some support in the 4200 line, and the 5 day line pressure on the top is short, and the short term rebound trend is weak, and the operation is short and 4250-4450 interval trading.
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Cotton vice market in August China's new manufacturing PMI initial value of 47.1, the lowest in March 2009.
Highlights the weak basic demand, the oil market is still in the corresponding sales slack season, the performance is not optimistic, buyers and sellers conservative operation.
With the expected harvest of soybeans and the increase of soybean planting area in South America, CBOT soybean futures prices still have room to fall, or continue to suppress the market price of domestic oils and fats.
According to the information staff, palm oil has fallen in the oil market today, with a drop of 150 yuan / ton, and over 200 yuan / ton in some areas. The soybean oil market is also hard to escape in the pattern of high yield, low demand and high inventory and low sales.
Cottonseed oil as a small oil species, in the near drying up of raw materials, the cottonseed oil plant is in the processing stage. Low social inventory supports strong market price operation. The main production area of Shandong Xiajin area three grade cotton oil mainstream report 5100-5150 yuan / ton, and soybean oil price difference is only 400 yuan / ton, far less than rational substitution, market trading only to maintain the rigid demand.
In southern Xinjiang and eastern Xinjiang cotton area, some cotton field on cotton market in field cotton field, field yard field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field field the business is basically stagnant.
According to the feedback from the information staff, as the new cotton market is approaching, the cotton lint preserved by the small and medium-sized cotton enterprises in Anqing cotton growing area of Anhui province has bottomed out.
It is understood that only a handful of cotton enterprises in Anqing have cotton lint and a small quantity.
Although there are still 200 tons of good quality lint in the large factory warehouse in Wangjiang County, and the "three silk" lower quality lint is not out of the warehouse, it has been booked by a textile factory in the province for 13000 yuan / ton net weight pick up price half a month ago. The remaining more than 100 tons of lint in a large factory in Susong county have been booked by a textile factory in the city.
In recent days, textile mills and cotton traders are looking for spot lint.
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