PTA Middle Line Still Can Walk High Polyester Price Stability

Last night, crude oil futures prices fell, New York crude oil futures fell 2.39% to 49 U.S. dollars / barrel, Brent crude oil price rose 2.08% to 49.89 U.S. dollars / barrel.

Released data showed that crude oil production in the United States dropped 39 thousand barrels to 8 million 700 thousand barrels; the US crude oil inventories fell 910 thousand barrels, weaker than expected; the market expressed disappointment that oil prices fell again, judging from the disk, oil prices near 50 U. S. dollars are more resistance, and will soon be in turmoil.

According to official data released by the US, the annual retail sales of the US Red Book Rose 0.9% last week, up 0.7% from the previous week.

PX prices rose 4 US dollars to 804 U.S. dollars / ton FOB Korea, the market generally traded, short-term price center will fall, mainly affected by the crude oil market.

PTA spot price fell by 40 yuan to 4630 yuan / ton, and the output of external market was flat at 625 US dollars / ton.

At present, the operating rate of PTA is 74%, rising.

downstream

The price is stable, the price of semi gloss PET chips is 6175 yuan / ton, the price is flat, the price of bottle grade polyester chips is 6230 yuan / ton, and the price is flat.

Polyester filament market atmosphere is better, prices are stable, DTY150D price interval of 8150-8350 yuan / ton, the price is flat.

The price range of POY150D is 6500-6700 yuan / ton, the price is flat; the price range of FDY150D is 6900-7150 yuan / ton, the price is flat; the market atmosphere of filament is general, most factories produce and sell 80%, the higher is 100%.

The price range of short silk is 6750-6800 yuan / ton, and the price is stable.

Judging from the price performance, contract 1609 closed at 4758 yuan / ton, the price rose 40 yuan, or 0.85%, the volume was shrinking, and the position was reduced by 13 thousand.

The price will fall and the volume will shrink.

Downstream polyester sales are general.

Stability is the main factor. Although the crude oil price is short term, the price of PTA has not been greatly affected. Today's intraday concussion is relatively large, but the bull market still takes the initiative. Therefore, the rise in the market is expected. However, due to the uncertainty of capital operation, investors should not be too large in positions.