Cost Support To Promote PTA Rebound

At present, the downstream has not yet fully started, most of the polymerization device is still in a state of production reduction. On the eve of the Spring Festival, the downstream buyers are stocking properly, the stock level of the polyester factory slicing is low, the manufacturers offer stronger, and there is a certain demand for replenishment, but after the Spring Festival, the production and sales will be down as the downstream stocking is coming to an end.

At present, the load rate of polyester chain at downstream is maintained at low level, the load rate of polyester chip manufacturer is 40%, the load rate of polyester filament factory is 68%, the load rate of PET staple factory is 49%, and the load rate of terminal weaving factory is only 35%.

It is expected that the seasonal demand for terminal demand will not rebound significantly, which will restrict the growth of demand for polyester links.

In the long run, OPEC has no clear cut in production, crude oil supply and

Are at historically high levels.

The rise in costs is only temporary.

PTA new capacity release pressure is greater.

It is also difficult to reach, and downstream demand is in a long-term downturn.

As the price of PTA futures contracts rose, as of March 6th, the number of hedging warehouse receipts has increased to 45597. The oversupply has led to a sharp rise in inventory pressure. 1505.

It is estimated that the 1505 contract will easily fall and rise, and the long term operation will be kept short. In the range of 5000 yuan / ton to 5100 yuan / ton, we will gradually establish an empty list and stop the loss near 5300 yuan / ton. The target will be around 4400 yuan / ton.

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　　據(jù)調(diào)查,春節(jié)后山東、河南、江蘇、河北等新疆手采棉報(bào)價(jià)普漲100-200元/噸,但由于很大一部分中小棉紡織企業(yè)正月十五以后才陸續(xù)招工生產(chǎn);春節(jié)前夕 89.4萬噸1%關(guān)稅內(nèi)棉花進(jìn)口配額下發(fā)以及3月中旬前紡企、貿(mào)易商大多資金緊張,因此買賣雙方仍處于試探階段,成交比較稀少,兵團(tuán)皮棉及南疆庫爾勒、阿 克蘇等地手采棉因報(bào)價(jià)較高,詢價(jià)未現(xiàn)較大幅度回暖,倒是北疆奎屯、塔城以及昌吉等地手采、機(jī)采棉相對(duì)活躍,一方面是北疆鐵路和汽運(yùn)出疆比較方便,同樣 3128北疆報(bào)價(jià)低于南疆200-300元/噸,而地方機(jī)采棉報(bào)價(jià)低于兵團(tuán)600-800元/噸,雖然雜質(zhì)、“三絲”含量高于兵團(tuán);加工質(zhì)量也略低,但總 體性價(jià)比較高;另一方面北疆皮棉馬克隆值以A、B為主,一致性較好,而南疆中期花皮棉馬值C2的比例較大。

In the late February, more than 95% of the fine cotton processing enterprises in southern Xinjiang stopped collecting and receiving a sharp contrast. After the Spring Festival, the 30%-40% long staple cotton processing enterprises such as Sha Ya and so on, still started to scale and harvest the cotton seed cotton with long staple cotton. The purchase price was stable at 8.0-8.4 yuan / kg (lint 32-33), and the price of the high content seed cotton reached 8.80-9 yuan / kg.

First, because cotton enterprises and cotton textile enterprises all believe that domestic long staple cotton is in short supply, rising market is a big probability event. To seize the long staple cotton resources is the top priority. Therefore, after the Spring Festival, AVA mentioned that the rush buying and buying of seed cotton in the surrounding long staple cotton planting area is like fire raging; two, some 2014 /15 credit companies with relatively large credit lines have a "total stumble" due to the acquisition of "thin cotton wool", and the total number is relatively small. In order not to affect the 2015/16 loan amount and expand the purchase amount of lint, the long staple cotton mill will continue to buy seed cotton.

It is understood that after the Spring Festival, domestic and foreign domestic long staple cotton quotations rose 200-300 yuan / ton, Akesu real estate 137 offer 27000 yuan / ton.