• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The PTA Market Still Needs To Be Treated Cautiously.

    2020/5/11 15:12:00 0

    PTA Rise

    Before the May 1 holiday, the European Union and China continued to report the resumption of production and resumption of production. In addition, the market looked forward to the resumption of joint production and reburning of OPEC+, which is about to begin in May. The international oil prices have picked up, boosting confidence in the market and stocking up the downstream polyester factories. During the period of the Ningbo Leo accident, the local spot market has been boosted up in the short term, which has led to more active market transactions in Ningbo. The spot base is 10-20 yuan higher than the market. PTA is now continuing to repair the trend. However, as the oil rebound is blocked, PTA spot and 09 contracts are in a state of stagnation. The enthusiasm of pet plate is once again dissipated. It is expected that if the crude oil does not improve in May, the desire to continue to accept the downstream polyester will not be much. A brief summary of the operation of the later disk is as follows.

    High inventory. Profit driven, PTA load remained high, but the impact of events, downstream polyester start up continuously poor, PTA social inventories continued to climb to a record high, until the deadline, the domestic social inventory reached 3 million 551 thousand and 600 tons, and supply and demand scissors still maintained at more than 10000 tonnes, expected 5-6 months, social inventories will be a new high. Although many of them are locked in the futures market, sooner or later, they will return to the spot market. It is difficult to see the warehouse in the short term unless the processing fee is compressed to the cost or even to the deficit.

    High profit. In April, crude oil prices constantly refreshed the low price record in recent years, and even produced an unprecedented negative price. With OPEC+ In May, the formal reduction in production and the decline in shale oil output in the United States and the gradual relaxation of control measures in the US and Europe, and the sharp supply and demand scissors gap in the early stage of crude oil were rapidly shrinking, and the resumption of production and production in Europe and the United States gradually opened up. The surplus situation will be improved. Under this expectation, crude oil rebounded sharply during the labor holiday. After several times, the rebound market is temporarily in a state of stagnation. If the crude oil could not rebound effectively in July and August, the processing fee of the later contract disk would be relatively good. Under the high profit situation, the supply side could not play a good supporting role in the price, but it was bad.

    The surface of the dish rises. In the futures market, the natural futures are suitable for multi spot futures.

    Nine Cancellation month. In the event of the impact of demand, there may be a large number of warehouse receipts due, lost financial attributes, and eventually enter the spot market, so September may face the pressure of delivery.

    To sum up, Crude oil has generally maintained a good level in the absence of a big rebound, with a good profit margin of 09, the contract has gone up; the supply of good profits has been ensured; the demand period is hard to recover; the problem of high inventory is also difficult to resolve; the futures market is upgraded to the spot, which is suitable for many spot air futures; in September, the warehouse receipt was forced to write off and the delivery pressure was large. From these points of view, although the absolute price is low, it is also a new historical low. However, the real rise of the TA09 contract has not yet seen the driving force of good. Despite the better circulation, the upward shift of the price center will still be a tortuous process, and the current market price will be cautiously treated.


    • Related reading

    Competition Between Supply And Demand Is Still Fierce.

    Expert commentary
    |
    2020/5/11 10:30:00
    172

    Terminal Textile Needs Follow Up Slowly, Spandex Market Steady View

    Expert commentary
    |
    2020/5/11 10:14:00
    2

    The Cocoon Silk Trading Atmosphere Has Been Slightly Increased.

    Expert commentary
    |
    2020/5/11 10:14:00
    2

    China Light Textile City: After The Festival, Creative Cotton Brocade Fashion Fabric Turnover Shock Small Rise

    Expert commentary
    |
    2020/5/9 10:34:00
    2

    China'S Cotton Market Is Active, Southeast Asian Procurement Stagnation

    Expert commentary
    |
    2020/5/8 11:35:00
    0
    Read the next article

    Consumption Slightly Recovered, Cotton Prices Rebounded Lower

    Last week (4-8 May), due to the fall of the "May 1" labor day, the domestic cotton prices were sharply lower, triggering a large number of spot price transactions. stay

    主站蜘蛛池模板: 99精品视频在线观看免费| 免费看国产一级特黄aa大片| 久热re这里只有精品视频| 竹菊影视国产精品| 欧美性猛交xxxx乱大交极品| 国产观看精品一区二区三区| 亚洲精品美女久久久久99| 99精品视频在线观看| 狠狠人妻久久久久久综合蜜桃 | 最近中文字幕免费mv在线视频| 国产精品igao视频网| 亚洲aⅴ在线无码播放毛片一线天| 老色鬼久久综合第一| 最猛91大神ben与女教师| 国产国产人免费人成免费视频| 久久午夜福利电影| 老师粗又长好猛好爽视频| 思思91精品国产综合在线| 免费人成网站7777视频| 99国产欧美久久久精品| 欧美成人性色生活片| 国产欧美日本亚洲精品一4区| 久久精品99香蕉国产| 自拍偷自拍亚洲精品播放| 巨胸喷奶水视频www网快速| 伊人亚洲综合青草青草久热| 91久国产在线观看| 最新免费jlzzjlzz在线播放| 国产乱码一二三区精品| 一级黄色片大全| 永久免费看mv网站入口| 国产私拍福利精品视频网站 | 欧美性色欧美a在线播放| 国产福利电影在线观看| 久久久亚洲精品视频| 精品久久综合一区二区| 大ji巴想cao死你高h男男| 亚洲人成人一区二区三区| 青青青伊人色综合久久| 嫩草视频在线观看| 亚洲日韩国产二区无码|