The hottest PTA morning review on the 21st saw a b

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PTA morning review on the 21st: the disk briefly warmed up, and the post PTA market pressure remained

Zhengzhou PTA futures opened slightly higher on July 20, then maintained a wide range of shocks, and the market ended up higher. The main 1009 contract closed at 7106 yuan/ton, up 88 or 1.25%. PTA futures rebounded higher today, driven by higher crude oil in the electronic disk. A shares rose, boosting the popularity of the financial market, and the commodity market generally rose. PTA is still in the "three high" position of high profit, high opening rate and high inventory, and the market continues to be worried about policy tightening and foreign trade situation. PTA will still be dominated by weak market. Technically, although ta1009 closed at 7000, it was still subject to 2. The good humanized design made the experimental operation easier. The 0-day moving average hit a new low again, and it was difficult to be optimistic in the future

upstream, as the Caribbean storm is intensifying, fuelling expectations of tighter U.S. oil supply, the settlement price of crude oil futures on the New York Mercantile Exchange (NYMEX) hit a three week high on the 20th. The settlement price of August light sweet crude oil futures on the New York Mercantile Exchange rose 90 cents, or 1.2%, to $77.44 a barrel. The contract expires at the time of settlement, and the trading volume is very low. The settlement price of the most actively traded September contract rose 68 cents, or 0.9%, to $77.58 a barrel. The settlement price of Brent crude oil on the ICE Futures Exchange rose 52 cents, or 0.7%, to $76.14 a barrel

in terms of spot goods, the atmosphere of PTA spot market in Asia is strong. The offer of Taiwan products in the market is $855/ton, and the holders are reluctant to sell at a low price. The focus of the negotiation is around $per ton, and the negotiation of Korean products is $per ton. The trading atmosphere is good. The PTA Market in East China is strong. The spot offer has risen to around 7100 yuan/ton. The market buyer's inquiry is 6950 yuan/ton, and the mainstream negotiation is yuan/ton. Generally, the fatigue strength of the firm offer is measured indirectly by the fatigue test of the lifting method, which is rare

the export market of polyester chips fell, and the wait-and-see atmosphere in the polyester polyester short market was strong. The export market of domestic water bottle tablets declined. The factory quotation was at the main port of China in USD/T FOB, and the negotiation was in USD/T FOB China. Some buyers waited and saw for the time being, and the trading atmosphere was light. Due to the rising trend of futures, the market atmosphere of PTA and MEG improved slightly, and the seller's quotation increased slightly, but the buyer followed up slowly; Fiber polyester continues to differentiate. Against the above background, the East China water bottle film market was consolidated in a narrow range, and the factory quotation was still hovering at yuan/ton, while the mainstream negotiation was at yuan/ton. Due to the poor sales of some drinks, the factory procurement was general. Jiangsu and Zhejiang staple fiber market consolidation. The factory needs to use a large number of reaction kettles that can be opened in production. The mainstream quotation of the factory remains around yuan/ton, and the negotiation is about yuan/ton, and the low-cost supply can still be found. There was a strong wait-and-see atmosphere in the market and the transaction was flat. On the 19th, polyester production and sales in Jiangsu and Zhejiang were average, with most factories having success, some of which were slightly high-energy, barely flat or slightly higher, and some of which were on the high side, and some of which were on the low side

the rise in the spot market was blocked and basically remained stable. The offer intention of the seller in East China domestic material market is around 7000 yuan/ton, and the mainstream negotiation is 6950 yuan/ton. In the external market, Taiwan offered 850 US dollars per ton, with a firm offer intention of 845 US dollars per ton, and transactions are still relatively rare. The downstream polyester surface remained stable, and the prices of polyester and polyester products remained firm. However, the closing price of raw material p-xylene fell on Monday, with FOB South Korea closing down $4.75/ton to $1/ton; CFR Taiwan closed down $5.25/ton to 844 5 dollars/ton. Moreover, PTA manufacturers maintain a high start-up rate and sufficient market supply. Therefore, negative factors in PTA market still exist in the short term, and the rebound is not expected to be smooth

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