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In April 14Th, Zhengzhou PTA Fell By &Nbsp; Policy Risk Increased.

2011/4/15 11:57:00 91

Zhengzhou PTA Falls

   Zhengzhou PTA1109 contract 14 days Fall 0.36%, 10606 yuan per ton, China economic data Will be released soon. Policy risk Rise and downstream market Wait and see.


13, New York business Futures Exchange (NYMEX) May crude oil contract settlement price of 107.11 U.S. dollars, or 0.86 or 0.81%. The US energy data association said that crude oil inventories increased by 1 million 600 thousand barrels, but gasoline inventories sharply decreased by 7 million barrels last week, as the refinery operating rate dropped by 3%. The rise in gasoline has led to a rebound in crude oil. Affected by bad weather, Kuwait suspended oil exports and provided support. However, in March, retail sales in the US recorded the largest monthly decline in nine months, cutting the rally. The rise of crude oil will increase the cost of chemical industry and benefit future prices.


13, on the Shengze chemical fiber market, PTA spot prices continued to fall, MEG prices were lowered, semifluid polyester chips, large gloss polyester chips prices were stable, CDP slice prices were stable, polyester bottle price consolidation. On the market, half light section cash mainstream 13350 yuan / ton, glossy slice cash mainstream 13300 yuan / ton, CDP slice Market spot spanaction price in 14000 yuan / ton six months acceptance to deliver, polyester bottle piece market generally delivers price 13700 yuan / ton.


Polyester has been reduced for several days, but the weaving factory has been cautious about the purchase of polyester. Most polyester spinning factories try to maintain the production and marketing situation without price adjustment plan. The overall market price is stable, but the price of individual plants in Shengze is down by 100 yuan / ton, and the high shrinkage is 200 yuan / ton.

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