PTA: OPEN UPWARD SPACE

PTA: Crude oil prices are firm and Zhejiang Petrochemical’s PX plant may be delayed, leading to a high PX-naphtha processing fee of US$270/ton. The operating rate of PTA units dropped to 79% during the week. The polyester plant operating rate increased to 93.8%. PTA rose under the support of rising PX prices on the cost side. The current processing fee for the 09 contract is around 600 yuan/ton, which is moderately high. The peak season for terminal demand has advanced, the production and sales of polyester yarns have begun to increase in volume, inventory has been depleted, looms have continued to rise, and weaving factories have been operating with low inventory in the early stage, and currently there are phased replenishment activities. The terminal price transmission situation has changed, and the PTA room has opened up. It is recommended to hold long positions.


关注我们
滑动查看二维码
看见大宗
分享大宗商品的一切
金衍君
衍生品市场观察者
官方微信
品牌公众号
秒懂期货
用通俗语言解读期货
小程序
滑动查看二维码
网点向导
方便找到我们
在线客服