PTA Market Continues To Show An Oscillatory Atmosphere.
This week
PTA
The market continues to oscillate and the market atmosphere is relatively dull. From the price point of view, the current domestic spot quotation and paction price are respectively 7100 yuan / ton and 6900-7000 yuan / ton, basically maintaining the level a week ago; the general offshore spot quotation and paction price are 855 dollars / ton and 840-850 us dollars / ton respectively, and basically remain at the level a week ago.
On the two day of the week, the PTA market launched a Jedi counterattack, despite the United States last weekend.
equity market
The plunge of 2.45% fell below the 10000 mark mark, but the patience and will of the small retail investors in China again fell.
The stock market rose nearly 5% in the two day, from 2400 points two days to 120 points on Tuesday, 2528 o'clock. The sudden rise of the money made the bears feel at a loss.
The PTA under the crash also began to pull up in the general stock market and fundamentals, thus enhancing market confidence.
This week, the PTA market is affected more obviously by oil prices. Because of the large number of factors that determine the trend of PTA, it seems that it is not easy to clarify the key factors that determine its direction. Quite a lot of market participants believe that PTA profits must be reduced by thousands of dollars and must be reduced to the bubble. On the contrary, the profit margins of PTA are as good as that of polyester, which is reasonable. Too much entanglement in PTA has to decline. It seems that some paranoia are rigid. Obviously, the reasons for continuing to short at present supply and demand or extremely empty PTA are not sufficient. Rather than frequent entry into the market, it is better to wait for the opportunity to do more and continue to wait and see.
Of course, the waiting time may exceed the imagination of the market. The best or the fastest time may have to wait until the fourth quarter or even more distant 2011.
Market outlook: upstream
raw material
The price of PX has dropped to a lower level, which can be said to be a relatively reasonable level for the downstream. This week, the decline of PX price has obviously decreased, showing a relatively stable situation. This will be a strong support for PTA; as the spot market is approaching, the downturn in the spot will limit the rebound space, and the latter will tend to be vulnerable.
- Related reading
The Raw Material Of Guangzhou Clothing Is Sky High &Nbsp, The Order Will Not Rise Or Not.
|- Learning Area | Shenzhen, The Third "Capital Of Design" In The World?
- Regional policy | Shandong Linyi Consumers Association: Consumers Buy Fake Logo Clothing Double Compensation
- Learning Area | 谈工业服装设计与吉利基因
- Learning Area | How Do Older Children Get Out Of The Embarrassment Of Design?
- Learning Area | What Kind Of Think Tanks Do Fashion Design Need?
- Fashion Bulletin | Broken Flowers And Leopard Print Holiday Beauty Skirt &Nbsp; Match Hate Tian Gao Xiu Beautiful Leg.
- Recommended topics | "Miss Hongkong 2011" Finals Ended At &Nbsp; Zhu Chen Li Became Champion.
- Learning Area | The Personality Charm That Fashion Designers Need To Possess (Four)
- Other | Slowdown In Textile Growth In Xiangyang, Hubei
- Learning Area | The Personality Charm That Fashion Designers Need To Possess (Three)
- Two Ways For Traditional Clothing Enterprises To "Touch The Net"
- Wearing High Heels Can Cause Muscle Atrophy.
- Cluster Cotton: General Trend Of Cotton Market Sinking Price Upside Down
- Identification Of Artificial Leather And Genuine Leather
- The Raw Material Of Guangzhou Clothing Is Sky High &Nbsp, The Order Will Not Rise Or Not.
- 鞋类检验小常识
- June 19Th -26, China Youth Association Delegation To Study And Exchange In Europe
- Yu Style Shoes And Clothing Can Not Walk The Old Road To Nest Is Not A Way.
- History Of Shoe Number Standard In China
- Zhejiang Silk "Night" Is Still Firmly Expected In The Wake Of The Japanese Relief Bureau.