Cotton Yarn Short Term In The Main PTA Market Trend Of Strong Shocks.

In October 25th, the price of cotton yarn was stable. At present, the 30S cotton market is quoted at 22010 yuan / ton, which is on the same level as that of the previous day, up 15.37% over the same period.

Viscose market continued to decline, cost support has collapsed, downstream cloth factory inquiry is still low, the market volume is weak, the upper and lower reaches are expected to be empty, it is expected that the latter price of human cotton yarn will be dominated by overcast.

Viscose market continued to fall, cotton yarn with viscose cost support collapsed.

Weak downlink, Fujian produced siro spinning 40S negotiated at 22000 yuan / ton, part of the paction slightly lower.

Tight siro spinning 40S market quotation is discussed at 22500 yuan / ton.

Ring spinning 30S market mainstream offer at 20500-22500 yuan / ton, shipping resistance.

But some of the core spun yarn shows a bright eye. The quotation of rabbit hair 28S market is up to 24500-25000 yuan per ton, and the market is more smooth.

The upstream viscose staple fiber price performance is chaotic, the middle end nominal quotation is 16500-16700 yuan / ton, individual low negotiable talks at 16200-16300 yuan / ton.

The high-end nominal offer price of 16700-16800 yuan / ton, some hundred tons or more orders have been 16500 yuan / ton.

Mid and high-end manufacturers have different levels of monthly policy.

With the prophase

After the execution of the order, part of the stock is on the rise. Under the low production and sale, the viscose factory will increase their shipments.

The expected enthusiasm for purchasing negotiations is still in the doldrums.

As of 25 days, the domestic PTA spot market price was 4771 yuan / ton, down 0.06% from the previous day, up 1.98% compared to the same period last year.

The futures market rose slightly, and the main futures (1701) closed at 4898 yuan / ton, up 14 yuan / ton compared with the previous trading day, or 0.29%.

The PTA spot market was slightly dull, with traders and individual polyester factories dominated.

Installation, Ningbo MITSUBISHI 700 thousand tons PTA device has been restarted in October 23rd, the current load gradually increased, the latter will continue to operate normally.

Ningbo Yisheng Petrochemical line 1 line 600 thousand ton / year PTA device was repaired today (October 25th), restart time to be determined.

Upstream international oil prices fell slightly, the 24 day crude oil WTI closing price in 50.52 U.S. dollars / barrel compared with 21 days fell 0.33 U.S. dollars / barrel.

Asian PX quotes rose slightly, 24 days in Asia

The price rose 0.16 US dollars to 783.83 U.S. dollars / ton FOB Korea and 804.83 US dollars / ton CFR China.

Downstream Jiangsu and Zhejiang polyester filament market showing a steady rise pattern, today's price is stable overall, mainstream enterprises in all parts of the country basically Ping reported factory.

Among them, polyester POY150D/48F reported 7200-7460 yuan / ton, DTY150D/48F (low elastic) reported 9000-9200 yuan / ton, FDY150D/96F reported 7860-8100 yuan / ton.

Recently, the PTA device fluctuates more frequently. As the 1 million 200 thousand tons / year installation plan for the three Lane Lane is restarted in the near future, the supply side is expected to further increase in the future market, which will form a certain resistance to the PTA market.

And the downstream trading atmosphere is generally, polyester factories are mostly wait-and-see.

But judging from the recent overall market climate, there are still more ideas.

In the short term, under the lifting of Yisheng petrochemical plant's parking repair and the warm atmosphere of the commodity market, the PTA market will remain strong and strong.