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    PTA Market Prices Continue To Be High And Volatile, But The Overall Buying Is Insufficient.

    2017/2/7 13:13:00 27

    PTAPriceMarket Quotation

    Last month, the PX market in Asia was strong and the price center continued to grow.

    At the beginning of the month, the atmosphere of the PX market was general, the international crude oil came down, and the atmosphere of the aromatic market was weak. Although the operation rate of the downstream PTA changed little, the purchase intention of the terminal polyester Spring Festival was weakened, production and marketing declined gradually, the atmosphere of the PX market was empty, and the negotiation was slow down.

    The market began to improve in the middle of the year. The decrease in the supply of naphtha to Asia due to a fire in the Ruwais refinery in the United Arab Emirates led to a strong price of naphtha in Asia, which led to the PX market atmosphere.

    The 2 PX production enterprises continue to play a role in boosting the market, as well as 3-5 months.

    PX device

    Centralized maintenance, long-term PX shipments inquiries intent higher, market sentiment is more positive, Sinopec January PX settlement at 7110 yuan / ton, the settlement increased 240 yuan / ton from last month.

    On the eve of new year's Eve, due to the increase in the number of oil drilling wells in the United States, the market's worries about the recovery of shale oil output in the United States continued to rise, and the oil price market dropped slightly. The domestic PTA market was weak and volatile, and the overall turnover was generally in general. After the festival, the crude oil market was narrowed down, and some of the commodity atmosphere was emptied, to a certain extent, to suppress the PTA market. The current demand side was weak, and the PTA market was mainly small callbacks. The East China PTA spot trading discussed 5190-5200 yuan / ton self mentioning; after entering the middle of the year, the domestic PTA spot was limited by crude oil fluctuations.

    As far as the paction is concerned, the market is more likely to sell goods on a high level, but the purchase is mostly the arbitrage market. The downstream polyester factories are in high demand. In the end, the domestic PTA market is weak and the general trading atmosphere is generally low. As a result, the main oil producing countries' signs of production reduction have eased investors' concerns, the oil price market has been rising, and the price of PX has been maintained at a high price, the cost side has been firmly supported, and the price of the PTA market has continued to be high and volatile. However, as part of the Spring Festival, some polyester factories have introduced the Spring Festival overhaul plan, and the terminal demand has a strong holiday mentality, and the overall buying is not enough, and the turnover situation is difficult to deal with in the week. The East China spot market talks about 5300-5310 yuan / ton.

    In January, the market of polyester chip dropped, and in January, it dropped by 150 yuan / ton.

    In January, raw material PTA was running weak and cost support was insufficient.

    Terminal weaving enterprise

    The operating rate dropped significantly, the downstream sliced spinning enterprises shipped slower accordingly, resulting in increased pressure on polyester chip factories and increased industry inventories, so some polyester chip factories lowered their factory quotations near 100 yuan / ton, but the downstream maintained just needed procurement, and the market for polyester chips cut slightly.

    In the middle of this month, the raw material PTA was running concussion and the cost support was steady. However, the downstream sliced spinning enterprises still did not concentrate on stocking before the festival. Polyester chip factories continued to cut prices and it was difficult to change sales. Therefore, some polyester chip factories were shut down and overhauled to reduce sales pressure. At the same time, most polyester chip factory quotations remained stable, and the market of polyester chip market was slack, and the focus of business was gradually stabilized.

    In January, the market of polyester filament was down, and in January, it dropped by 200-500 yuan / ton.

    On the return of new year's day, the raw material market of PTA is weak, and the cost side is bad.

    Stock

    Constantly increasing, its price mentality gradually loosened. At the beginning of the month, some factories began to reduce sales promotions, among which POY products were more stable, and FDY products were the most obvious downtrend.

    Subsequently, the raw material PTA is running in a narrow range, and the cost is strong. The polyester filament factory has finally arrived.

    Because the downstream stocking and purchasing are the main products, polyester filament factories continue to reduce their shipments, among which the biggest decline is still the FDY products with high pre price, the total decline is 400-500 yuan / ton, and the POY and DTY products are down by 200 yuan / ton.

    Near the lunar new year, weaving start up rate dropped to 2-3, polyester filament market production and marketing more slack, factory prices and more stable wait and see, but some factories stop selling before the holiday sale promotion, before the holiday polyester filament market stability and small movements.

    In January, the domestic polyester staple market was weak and stable, and the overall fluctuation was not large.

    At the beginning of the month, polyester raw material PTA was mainly weak and shock, the cost surface support was weak, and the terminal weaving enterprises had low enthusiasm for enquiry, and the demand for multi-dimensional goods was relatively weak, and the demand side was relatively weak.

    Entering the middle of the month, polyester raw materials PTA first rose and then fell, the overall still showing a shock pattern, cost side support is limited, the recent downstream terminal weaving enterprises began to load gradually decline, the demand side continued weak trend, affected by this, polyester staple factory for two consecutive days preferential shipping, the market is running weak.

    In late June, polyester raw material PTA showed a weak pattern of shock. The other raw material MEG first rose and then fell, and cost surface support was weak. By the end of the year, the downstream terminal weaving enterprises had a moderate replenishment, and the market production and marketing situation improved slightly.

    For more information, please pay attention to the world clothing shoes and hats net report.


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