PTA Downstream Market Demand Is Weak.

An analyst at JOYOU information market, an Guang, said: "in the off-season, the market just needs to be weak or directly inhibit the PTA price rise."

On the spot side, although the price of polyester products has risen little this week, the buyers in the lower reaches have limited enthusiasm for the chase, and the sales people in polyester factories say that the trading atmosphere is flat. Some of the short fibers said that the sales in early June were not as good as those in the early part of the month.

Because Yisheng Hainan PTA device late parking and crude oil shocks upward, PTA market bullish atmosphere increased, but helpless downstream.

The sale of staple fibers is difficult to improve, and the demand for speculation is difficult to sustain in the off-season.

Downstream, downstream

The atmosphere has improved, but the price is stable, half light.

The price is 7000 yuan / ton, the price is flat; the bottle grade polyester chip price is 7000 yuan / ton, the price is flat.

Polyester filament market atmosphere is general, the price is low, DTY150D price clinch a deal interval in 9600-9700 yuan / ton, the price is flat.

The price range of POY150D is 7700-7800 yuan per ton / ton, the price is flat; the price range of FDY150D is 8000-8050 yuan / ton, the price is flat; the market atmosphere of filament is general, most factories produce and sell 60%, the higher is 90%.

The price range of short silk is 8000-8100 yuan / ton, and the price is stable.

For the post market, futures futures believe that in the past month, due to the low inventory in the spot market, demand providers' concerns about supply have increased, especially in successive accidents. For example, some problems occurred in some parts of Japan's deer island and Yi Sheng recently, which makes the sellers reluctant to sell, the price has an upward impulse, and the US dollar has come down, and the PTA price has taken the lead in the performance and has increased considerably.

However, due to the macro level and other factors, the price performance in June 3rd was not good. In June 2nd, after a high inflation in June 3rd, the market fell unilaterally during the day.

An Guang believes that at present, we can only wait for the results of the OPEC meeting in June 5th. Some oil producing countries are releasing their comments. However, in order to seize market share, the enthusiasm of countries to reduce production is limited, so the output of crude oil may not drop, and the driving force of oil prices may not be enough.

At present, PTA upstream cost support, factory production reduction and demand insipid confrontation, it is expected that the short-term price is expected to maintain a strong and narrow range of shocks, up and down the lack of motivation.