129773932960781250_172PTA spot last week, National PTA price after the first anti-Yang, warmer atmosphere of the market, but trading volume is still poor. At present
tera gold, the market quotation of East China 8700-8750 Yuan/ton, mainstream price $ 1155/tons of Taiwan, near the quote in US $ 1150/tons of Korean. Message on the surface last week, Yi sheng petrochemical March contract settlement price of 9200 Yuan/ton, Sinopec, Xiang Lu
tera power leveling, far East March contract settlement price of 9,150 dollars/ton.
Published March settlement price, has tempered the market's bearish mood. Crude oil in United States Department of energy (EIA) latest data showed that as of March 16, 2012 the week United States commercial inventories of crude oil declined by 1.16 million barrels, to 346.29 million barrels; steamOil inventories dropped 1.21 million barrels, to 226.91 million barrels; save fractions of oil, including diesel and heating oil increase 1.76 million barrels, 136.58 million barrels; United States crude oil futures delivery warehouse of Cushing's inventory reduced 176,000, 38.52 million barrels, declining for the first time in four weeks, and United States refinery processing reduces the amount of 130,000 barrels to 14.46 million barrels/Today. PX in the upper reaches last week as lower prices stabilising, PX bottom of rebound, but modest. At present, the PX (CFR Taiwan) price $ 1585/ton for the calculation of costs, PTA production losses from the previous week to enlarge domestic enterprises to about 370 Yuan/ton. Short term, the PX spot prices in certain near 1550 USD/tonSupport, also taking into account this week into the publication of the monthly contract price point, PX narrow oscillation probability of larger this week is expected. Polyester in the lower last week, Jiangsu and Zhejiang polyester filament market stabilised, but more serious structural differentiation of products, warmer POY products relatively obvious, FDY DTY the performance in General. At present, the mainstream products POY150D/48F quotes 1$ 1175/ton, DTY150D/48F price $ 12,550 per ton, FDY150D/96F price $ 11,600 per ton. Due to the weaving of the lower industry shipments, and factory inventory has not been substantially improved
tera power leveling, POY now in stock in about 18 days, FDY inventory at around 23 days, DTY inventory in 35 days leftRight.
On the current situation, downward trend has not yet ended for polyester products. Last week, MEG, MEG market dominated by stability. Port stocks remain high, current level of overall inventory of East China port was still 900,000 tons, pressed on the market significantly. At present, the East China market quotation of 7,500 Yuan/ton, the outer disc price $ 995/ton. The short term, because of theWeak travel demand, MEG and PTA compared to the lack of fundamental support, so MEG Outlook hard optimism. Operational advice although the PTA after consecutive losses in the market, money appears to cover, but the rebound strength remains weak. Recommends that investors pay close attention to demand change in the lower this week, cannot occur if demand continued to improve, PTA Outlook is possibleContinue to release short kinetic energy. (Certificate in futures Du Jianjian) online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.
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