Home >

PTA Rebounded Sharply, And Spot Prices Rose Sharply.

2011/3/2 16:38:00 82

PTA Market Hongyuan Futures

Main points:


1, upstream raw material price: WTI crude oil spot price is 95.61 US dollars / barrel (+0), CFR Japan naphtha price is 987 USD / ton (+0), FOB Korea MX price is 1085 USD / ton (+0).

FOB Korea PX price is $1656 / ton (+0), import PX is equivalent to PTA (11932,48.00,0.40%), production cost is about 9896 yuan / ton, PTA spot price is 1653 yuan / ton from PX converted PTA production cost.

The production cost of PTA calculated by imported naphtha is 7971 yuan / ton, and the spot price of PTA is 3578 yuan / ton from naphtha converted to PTA production cost.


2, PTA

Goods in stock

Price: PTA internal average spot price 11550 yuan / ton (+200), the external spot price is 1483 U.S. dollars / ton (+18), the import cost price is 12150 yuan / ton, the difference between the internal and imported PTA is -600 yuan / ton.


3, market structure: PTA current price difference is 278 yuan / ton.


4, MEG price: domestic MEG price is 9830 yuan / ton (+110), import MEG price is 1250 US dollars / ton (+15)


5, polyester gross profit: Polyester gross profit is 449 yuan.


6, total volume of Textile City: China

Textile City

Total turnover rose to 2 million 980 thousand meters, and volume increased.


7, device dynamics: 3-4 months from South Korea and Taiwan to the mainland, there are still a number of PTA devices that are scheduled for maintenance in turn, so that the balance of PTA in partial time will tilt towards the supplier side.


8, crude oil price: closing time New York

Commodity trading

The light crude oil futures in April were 96.97 US dollars per barrel, down 0.91 US dollars from the previous trading day, and the Brent futures for London Intercontinental Exchange fell 111.8 US dollars in April, down 0.34 US dollars.


Summary:


Yesterday, PTA rebounded sharply, and spot prices rose sharply.

Upstream PX rose slightly, polyester chips increased slightly downstream, polyester prices fell slightly.

Crude oil is running at a high level, the price of PX in the upper reaches is strong, the downstream is gradually resuming production, and the rate of starting up has been picking up. The centralized maintenance of some PTA devices in 3-4 months will result in tight supply. The demand for textile in the downstream is approaching, the cost uplifting demand is pulling, and the seasonal rise of PTA can be expected.

  • Related reading

Zheng Cotton Trend Is The Most Powerful, Strong Trading Late

Industry stock market
|
2011/3/1 16:54:00
72

Commodity Futures Will Continue To Maintain A Strong &Nbsp, And The Trend Of Cotton Growth Will Not Change.

Industry stock market
|
2011/3/1 16:28:00
41

Zheng Cotton Continues To Rush To Accumulate Commodity Risk.

Industry stock market
|
2011/3/1 15:36:00
28

The Futures Market Dropped &Nbsp In Early Trading, And Cotton Remained Strong.

Industry stock market
|
2011/3/1 15:23:00
37

Cotton Futures Volume And Price Rise In Zhengzhou Mercantile Exchange

Industry stock market
|
2011/3/1 15:19:00
52
Read the next article

Seven Weapons To Let You Work In The Workplace.

If you do not move forward, who will push you away? Therefore, a positive attitude is the principle of achieving personal vision. We often say, "I will not..." Because of heredity... " "I'm late because..." "My plan has not been completed, because..." We are always making excuses or complaining.