PTA:HOLD LONG POSITION

TA: The price is expected to continue the upward trend. On the supply side, Hengli Petrochemical was scheduled for half a month. Yisheng Petrochemical’s 6 million tons plant was shut down for 3 days due to boiler problems, and supply continued to be restricted. However, after the price hike, the purchasing willingness of polyester factories declined, and the transaction was average. The terminal cloth factories have gradually accepted the fact that upstream prices have increased, and have increased the prices of finished products one after another. The orders are currently acceptable, and the loom texturing in Jiangsu and Zhejiang is expected to resume work in the future. TA will continue to rise due to rising costs and rising terminal prices. Hold long position. At the same time, pay attention to the large fluctuations caused by the risk of oil price correction.


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