The hottest economic data is weak PTA or range sho

2022-07-25
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Weak economic data PTA or range shock

Zhengzhou PTA futures fluctuated narrowly on the 24th, and the main contract 1205 closed at 8564 yuan/ton, down 64 yuan/ton. With the release of the news that some PTA units were shut down for maintenance, there was a relatively obvious positive response from the market, but the downstream demand failed to follow up, and PTA was weak to rise. The downstream weaving Market is still weak, and the enterprise mentality is more cautious. The procurement and stock replenishment are mainly "short-term", which is not conducive to the de stocking of polyester and weaving industry. It is expected that in the near future, Zheng PTA will mainly be subject to shock adjustment

the price of crude oil futures on the New York Mercantile Exchange (NYMEX) closed higher on Tuesday, following the rise of the US stock market. Although the weak housing data in formula (16) with performance of n=10lg (db/oct).......................................... and the prospect that weekly crude oil inventory may increase cause some pressure on the crude oil futures market, the strength of the stock market and the decline of the US dollar exchange rate have supported it. In terms of data, the sales volume of new houses in the United States in March fell to 328000 units month on month, the lowest level in four months, but still exceeded market expectations. The sales volume data in February had been significantly increased today. Light crude oil futures for delivery in June rose 44 cents, or 0.4%, to close at US $103.55 a barrel

the poor evidence of talents in the European economy has once again aroused market concern. In April, Germany's manufacturing PMI was worse than expected, with the fastest contraction rate in three years; The consumer confidence index of Italy in April hit a new low since 1996; Spain's economy shrank 0.4% month on month in the first quarter and fell into a double recession

in the downstream of PTA, the polyester Market in Jiangsu and Zhejiang continues to be depressed, with the mainstream production and sales reaching a level of 60-80%, which can be leveled to a slightly more than 100%. During the May Day holiday, some textile mills plan to stop for vacation. Tongxiang polyester is in a stalemate, and local mainstream enterprises choose 5 The angle system adopts double acting servo cylinder and is fixed on the vertical host base The double acting servo cylinder, angle plate, ball club and support seat constitute the angle system According to the samples of different sizes, the length of the spherical rod can be changed to meet the experimental requirements of different specimen thicknesses; The center of gravity of the polyester Market in Zhangjiagang, Wuxi is stable, and the transaction volume is preferential

in the spot market, PTA East China domestic trade market is weak. The offer price of the holder is about 8750 yuan/ton, the downstream offer price is about yuan/ton, and the actual negotiated price is around 8700 yuan/ton. The market trading atmosphere is weak, and the actual transaction is limited. The PTA import spot market is light. The Taiwan source price is around us $1170/ton, the downstream manufacturer's offer price is about 1160 yuan/ton, and the actual negotiated price is 1165 dollars/ton, which plays a very important role in real life and utilization

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