Changyi Cotton Mill Actively Promotes More Credit Sales.
Cotton price Remain unchanged, cotton mill is active Promote The main purpose is to withdraw funds, some credit sales are more, efforts to recover arrears, low-priced yarn constantly flooded the market, there are still scattered downstream. Bulk demand The sales volume of cloth mill is reduced, and there is stock pressure.
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First, the crude oil price of the crude oil market is down again, the crude oil price in New York will be 2.05% to 53.61 US dollars, and the Brent crude oil price will be 2.64% to 57.88 US dollars. Oil prices are dropping again, because the market is still worried about supply, and the US index has reached a new high, and the price of oil has been forced down sharply, and the new low point since the reorganization has been expected to push oil prices down to 50 US dollars.
Two, the PMI value of the domestic macro economy may continue to decline in December. According to some forecasters' analysis, the official purchasing managers' index PMI in December may be reduced to 50.1, a low of 18 months. This analysis is made by some banks. If so, it shows that the domestic economy is still at a low growth rate.
Three, industry dynamics PX market bottoms up PX market up 20 yuan to 836 U.S. dollars / ton FOB Korea, the market turnover is ordinary. The PX market continues to fall with the crude oil exploration. If crude oil can turn stronger, the PX market will rebound rapidly. PTA spot market stability, PTA spot price is flat at 4525 yuan / ton; the output of the external platform is flat at 630 US dollars / ton, the turnover is ordinary. At present, the operating rate of PTA is 76% and stable. Polyester market stability is the main market, the downstream polyester market atmosphere is ordinary, the market is flat, semi gloss polyester chip market is 8850 yuan / ton, the market is stable, the bottle grade polyester chip market is 8750 yuan / ton, the market is stable.
Polyester filament market atmosphere is ordinary, market is flat, DTY150D market turnover area in 10200-10500 yuan / ton, the market is stable. POY150D market transaction area in 10600-10700 yuan / ton, the market is flat yuan / ton; FDY150D market turnover area in 11700-11800 yuan / ton, the market is stable; filament market atmosphere is ordinary, most factories produce and sell 6-7, and the higher is 100%. Short silk market transaction area in 8900-9000 yuan / ton, the market is flat, common deal.
Four, the period price performance from the performance of the period price, the main contract closed at 4834 yuan / ton, up 36 yuan / ton, the increase was 0.75%, volume enlarged, position increased 57 thousand hand.
Five, a comprehensive review of the PTA price once again hit bottom rebound, the amount can be magnified. The spot market performance is ordinary, the PX quotation is small, the PTA market has hit bottom rebound, but the intensity is limited, the PTA production plant still maintains at the higher starting level, will bring certain pressure to the downstream plate. Polyester sales have improved, but the market is still in a weak trend. The uplink of the cotton market is conducive to the increase in polyester demand. Judging from the disk, the price hit bottom again, the four consecutive days of a positive line, strong resistance, the prospect is likely to stabilize.
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