Summary of the hottest PTA spot market in a week 5

A week's market review of PTA spot market (5.24--28)

a week's Market Review

PTA spot showed a narrow range fluctuation trend this week

date

day

sixth, day

24th

first

25th

second

26th

third

27th

Fourth

28th

fifth

price (10000 yuan/ton)

0.735

0.735

0.72

0.705

0.725

0.73

domestic trade in East China:

on May 24, PTA East China domestic trade market atmosphere was light: overnight crude oil plummeted, leading to market panic, PTA East China domestic trade market atmosphere is light, the market sporadic offer price is about 7300 yuan/ton, the buyer's offer fell to about 7200 yuan/ton, the actual negotiation price fell to about yuan/ton, the market trading atmosphere is very cold

on May 25, PTA East China domestic trade market rose slightly: PTA East China domestic trade market rose slightly. Driven by the rise of futures and stock market, the market quotation price rose slightly to yuan/ton. Downstream polyester factories were cautious in purchasing, and the actual negotiated price was yuan/ton. The market trading atmosphere is general

on May 26, PTA East China domestic trade market continued to decline: PTA East China domestic trade market continued to decline, PTA futures fell sharply, and the downstream market continued to decline. Buyers and sellers were mostly on the sidelines. The price of a small number of offers from the holder fell to around 7300 yuan/ton, the downstream offer fell to around 7200 yuan/ton, and the actual negotiated price was about 7250 yuan/ton. I haven't heard of it yet

on May 27, PTA East China domestic trade market continued to decline: PTA East China domestic trade market continued to decline, the offer price of the owner was around 7250 yuan/ton, the offer price of downstream manufacturers fell to around 7150 yuan/ton, and the market negotiation price weakened to around 7200 yuan/ton. Traders operate cautiously and the market trading atmosphere is light

on May 28, PTA East China domestic trade market atmosphere picked up: PTA East China domestic trade market atmosphere picked up, driven by the rise of crude oil and stock market, the offer price of the owner rose to about 7300 yuan/ton, and the performance of the downstream polyester factory was on the sidelines. The offer price was still 7200 yuan/ton, and the actual negotiated price was 7260 yuan/ton. The overall transaction is relatively light

import spot: on May 24, the trading atmosphere of PTA import spot market was deadlocked: affected by the overnight crude oil slump, the trading atmosphere of PTA import spot market was deadlocked, and the market atmosphere decreased significantly. Although the Taiwan seller insisted on offering in US dollars/ton, the downstream offer continued to decline to around 860 US dollars/ton, and the market negotiation price was around us dollars/ton. The Korean offer is around 860 US dollars/ton, and the mainstream negotiation price is US dollars/ton. The buyer's intention is cautious, and it is heard that a small number of actual orders have been reached

on May 25, the PTA import spot market price rose slightly: the PTA import spot market price rose slightly, the Taiwan offer price was in US dollars/ton, the bonded offer price was in US dollars/ton, the downstream offer price was in US dollars/ton, the actual negotiation price was about 885 US dollars/ton, the Korean offer price was in US dollars/ton, and the downstream offer price was near us dollars/ton, so the market trading atmosphere improved slightly

on May 26, the PTA import spot market weakened: the PTA import spot market weakened, and the market quotation fell sharply. The Taiwan offer price fell to US dollars/ton, the downstream offer price was US dollars/ton, and the actual negotiated price was US $870/ton. The Korean offer price insisted on the structure and operation method of the concrete pressure testing machine. Do you really understand that the downstream offer price fell to US dollars/ton near 855 dollars/ton, The actual negotiation price is around 850 US dollars/ton. Polyurethane material in the city is the least affected by market fluctuations among non-metallic materials for automobiles. The trading atmosphere is very light, and the actual negotiation is rare

on May 27, the PTA import spot market price fell: the PTA import spot market price fell, the Taiwan offer price fell to $per ton, the downstream offer price was $850 per ton, and the actual negotiated price was $per ton. The quotation price of Korean goods is around 850850 US dollars/ton, and there are few downstream inquiries. The negotiated price in the market is 840 US dollars/ton. The market atmosphere is poor, and there is no actual negotiation heard for the time being

on May 28, the atmosphere of PTA import spot market improved slightly: the atmosphere of PTA import spot market improved slightly, driven by the rise of stock market and crude oil, the market quotation rose slightly. The offer price of Taiwan goods is US $per ton, the downstream offer price is around us $860 per ton, the actual negotiation is about US $865 per ton, the South Korean offer is US $850 per ton, and the downstream inquiry is around us $840 per ton. The seller is reluctant to sell at a low price, and the downstream purchase is still cautious

contract goods:

at the weekend, the monthly settlement prices of major domestic PTA suppliers were successively introduced. Among them, the settlement price of Yisheng petrochemical in May was 7800 yuan/ton, and the settlement price of other enterprises in May was mostly around 7800 yuan/ton. The quotation in June has not been released yet. Paraxylene (PX) closed at $913.25/t FOB Korea and $931.25/t CFR Taiwan/China as of Thursday, down $21/T from the previous week

device:

1 Jialong Petrochemical's new PTA device with a capacity of 600000 tons/year in Shishi, Fujian Province, was shut down on May 11. At present, the device has been restarted and started. The internal crystal structure of the sample material has been adjusted again due to plastic deformation. The processing load of the device is gradually increasing, and the planned weekend operating rate will reach about 80%, and it will gradually reach full load operation in the short term

2 the PTA unit with a capacity of 1.5 million tons/year of Yisheng Dalian Petrochemical was successfully restarted at the weekend after a week of maintenance. Another PTA plant with a capacity of 1.3 million tons/year in Ningbo of Yisheng company. In addition, the company plans to invest in the construction of the third and fourth PTA plants in Ningbo and Hainan, which will be completed and put into operation in 2011 and the end of 2012 as planned

3 India integrity company is located in Hazra, with a capacity of 1.5 million tons/pta device, and is scheduled to conduct a day-long shutdown and maintenance at the beginning of this week. The overhaul was originally planned to be carried out in April, but it has been postponed until now due to insufficient preparations for the shutdown of the unit

4 Mitsubishi Chemical India, located in Haldia, has a capacity of 280000 tons of PTA plant, which was shut down for maintenance as planned at the end of last week. The maintenance will last about two weeks

5 Taiwan FCFC's PTA plant with a capacity of 650000 tons/year in Mailiao has been shut down for two weeks and restarted at the end of last week. At present, the plant has reached full load operation. The output loss during the maintenance period is about 27000 tons

6 Far East Petrochemical PTA plant is currently operating stably, and the plant maintains full load operation. The company plans to carry out two-week routine maintenance on two PTA production lines in the second half of June, when another QTA production line of the company will operate normally

7 China Jialong Petrochemical's new PTA unit with a capacity of 600000 tons/year in Shishi, Fujian Province, has been repaired and eliminated in the early stage. At present, the operating load of the unit has reached about 80%. According to the plan, it can be operated at full load recently after short-term commissioning and operation. At present, the unit has produced qualified products, and the company plans to start selling in the form of contract accounts from June

8 indorama company of Thailand plans to conduct a two-week routine shutdown and overhaul of its PTA unit with a capacity of 700000 tons/year in map TA phut in mid June

9 TPT petrochemical of Thailand plans to shut down its PTA unit with a capacity of 520000 tons/year in October for a week of routine maintenance. The manufacturer said that the maintenance plan in October is tentative, and will be adjusted according to market demand and inventory in the later stage

outlook

at present, the PX price of domestic PTA upstream raw material has weakened, and supply exceeds demand; PTA downstream polyester and silk market focus continued to move down, inventory increased; In addition, the low season of the downstream weaving Market is coming, and the demand for polyester is about to weaken. He Yuexiang, an analyst at PTA InfoLink (), believes that PTA will continue to maintain weak consolidation in the aftermarket

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