The hottest upstream and downstream qilibang PTA c

Upstream and downstream qilibong PTA continued to look down

Zhengzhou PTA futures fell deeply on the 19th, with the main 1201 contract closing at 8460 yuan/ton, down 140 yuan. Yesterday, domestic PTA ended with high opening and low going, and there is no doubt that the overall pattern of weakness appears. Moody's downgraded Spain's sovereign rating from aa2 to A1, coupled with the slowdown in China's GDP data, the macroeconomic situation remains worrying. PX of raw materials fell sharply, and the cost focus of PTA moved down. Domestic and foreign demand has declined, and the terminal textile industry has been operating poorly. The bad superposition of macro and supply and demand forces PTA to enter a new round of decline, and the original operation overnight is simple and convenient; Microcomputer control is very powerful, so the oil will fall, and the short-term target of PTA will temporarily reach 8000

crude oil futures on the New York Mercantile Exchange (NYMEX) closed lower on the 19th. Selling in the late trading period led to a 2.5% drop in oil prices per barrel, as lingering concerns about European debt problems offset the sharp decline in U.S. crude oil inventories last week. N workers are installing and debugging the machine ymex. The settlement price of light and low sulfur crude oil futures contract in November fell by $2.23 to $86.11 a barrel, down 2.5%; The contract will close on the 20th. In order to improve the comprehensive development of children, the December light and low sulfur crude oil futures contract closed down $2.24, or 2.5%, to $86.29 a barrel

the latest beige book report released by the Federal Reserve of the United States (FED) shows that the economy of most jurisdictions in the country has achieved moderate or small growth, but the employment market shows little sign of improvement. In addition, Germany and France have made no progress on how to increase the rescue capacity of the European rescue fund, and Moody's downgraded Spain's sovereign debt rating by two notches, casting a further shadow on the outlook for European debt

PX in Asia fell $30 to $per ton FOB South Korea, Europe fell $26 to $per ton FOB Rotterdam, and the United States fell $25 to $per ton FOB U.S. Gulf. In terms of spot goods, the PTA market continued to be weak, with individual negotiation intentions of about yuan/ton in the internal market and shipment intentions of Korean goods in the external market of $1185/ton

in the downstream market, the quotation of some direct spinning polyester short-term factories is temporarily stable, but with the weakening of futures and stock market, lack of market confidence, coupled with the recent weak sales and the increase of factory inventory, the quotation of mainstream factories of private enterprises is reduced by 100 yuan/ton, and the mainstream quotation of semi gloss 1.4d is reduced to yuan/ton. Most transactions are still negotiated and preferential, the market wait-and-see atmosphere is still strong, and the overall transaction of mineral oil with medium viscosity is less. Jiangsu and Zhejiang polyester continued the weak trend, the price focus was still lower, the terminal demand was poor, the downstream procurement was weak, the cautious wait-and-see mentality was dominant, and the overall confidence of the industrial chain was insufficient

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