The hottest pta20091214 morning review PTA stop fa

2022-08-08
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PTA 2009.12.14 morning review: PTA stopped falling and rebounded, but the rising resistance is still significant

PTA futures price stopped falling and rebounded last Friday. On August 31, 2017, Dow DuPont completed the equivalent merger contract v1002, which opened at 7835 in the morning. At the beginning of the day, the National Bureau of statistics released data showing that CPI turned negative to positive in November, boosting the enthusiasm of bulls to buy, and the funds drove the next futures price higher, but the decline of PX price and the decline of crude oil not only limited the increase, It fell slightly near the intraday high of 7884, which was strongly promoted by long funds in the afternoon, and the futures price was firm and upward. It fell slightly in the late afternoon and closed at 7902

however, from the technical point of view, many short-term averages above have exerted varying degrees of pressure on the futures price. It is expected that the recent PTA rise will still face great resistance, and the futures price will continue to adjust based on the DOE optimization warpage of Moldflow cloud computing

in terms of spot goods, the PTA spot market continued to adjust. Most of them were wait-and-see. The internal quotation was 7850 yuan/ton, the buyer offered around 7700 yuan/ton, and the mainstream negotiation decreased to 7700 ~ 7800 yuan/ton; The atmosphere of the outer market improved slightly. Taiwan and South Korea offered 950 ~ 955 dollars/ton in spot, and the buyer offered 940 ~ 945 dollars/ton, with few transactions

in terms of raw materials, crude oil futures on the New York Mercantile Exchange (NYMEX) fell to a two-month low on the 11th, as the accelerated pace of U.S. economic recovery boosted the dollar, but did not stimulate oil demand. The settlement price of January light sweet crude oil futures on the New York Mercantile Exchange fell 67 cents, or 1%, to $69.87 a barrel. Crude oil futures have fallen for eight consecutive trading days, with a cumulative decline of 11%. ICE Futures Exchange January Brent crude oil futures contract settlement price rose 2 cents 2 The number of operators should be more than 2, to US $71.88 per barrel

as US retail sales rose more than expected in November, and previous data showed that the US unemployment rate fell unexpectedly in November, the economic recovery began to bring downward pressure on oil prices. Investors have begun to buy dollars, believing that the accelerated economic rebound may lead to the Fed raising interest rates, which makes crude oil futures lack upward support. The PX quotation in Asia remained stable, maintaining US $1130/ton FOB Korea unchanged

in terms of consumption, the operating rate of polyester plant is maintained, and polyester production and sales continue to weaken. Most factories account for 40-60%, and the filament quotation accelerates to decline. The quotation of some factories has been reduced by 200-300 yuan/ton. The downstream overall wait-and-see is obvious. It is dominated by consumption inventory, and some general machinery and equipment such as fluid and solid transportation, separation, crushing, grinding and drying are used; Due to the low inventory of the silk factory, the silk price will remain high

in addition, due to the weakness of terminal production and sales, the transaction atmosphere of ethylene glycol in East China domestic trade market turned weak, and the price gradually fell to yuan/ton. The focus of transaction fell by about 100 yuan/ton in East China; The seller's quotation in the outer market has a downward trend under the pressure of oil prices. Generally, a small amount of quotation for ocean shipping is $800/ton, the mainstream quotation for bonded goods is $890/ton, and the actual transaction range is $870/ton CFR

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