Crude Oil Continued Downward Trend PTA More See Less Action

< p > Zhengzhou < a href= "http:// www.sjfzxm.com/news/index_c.asp" > PTA < /a > futures 1 strong shocks, the main 1409 contracts closed 7396 yuan / ton, up 52 yuan / ton.

Raw material PX is down at a high level under the pressure of new capacity release and maintenance device restart. PTA is dragged down or will be callback, but the limited production price and spot premium still support the price, and the callback space is limited.

Operation recommendations, more see less movement.

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< p > us a href= "http:// www.sjfzxm.com/news/index_c.asp" > crude oil < /a > futures continued a trend of falling trend on Friday, following the decline of the stock market, and expected that the closure of the main refinery of the United States will suppress the demand for commercial crude oil.

NYMEX crude oil futures contract in September fell $0.29, or 0.3%, at $97.88 a barrel, ICE September BLT crude oil < a href= "http:// www.sjfzxm.com/news/index_c.asp" > futures < /a > Contract lower 1.18 dollars, or 1.1%, at 104.84 US dollars per barrel.

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< p > an American refinery closes, further pressing the oil market.

John Lipinski, chief executive of CVR Refining LP, said at a conference call that the refinery could shut down for at least four weeks after the fire broke out on gasoline related units on a refinery with a daily output of 115 thousand barrels in Kansas,.

The refinery is a major consumer of West Texas Intermediate oil.

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< p > spot: the PTA market is strong in the morning, the offer is 7550-7600 yuan / ton, the delivery rate is above the level of 7500 yuan / ton, the negotiation is at 7540-7550 yuan / ton level, the external market is also light, and the bonded goods are near $1000-1005 / ton, and the cargo is negotiated at the vicinity of 1000 US dollars / ton.

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< p > from the trend of the two cities in Jiaxing, Shengze, the 70D/24F nylon -6FDY is still the top spot in the market this week. For example, the domestic quotation is around 22400 yuan /T, and the actual paction price is between 22200-22300 yuan /T, which is basically the same as the price of the previous week. The products are used for the production of "NIS spun and cotton brocade" series by water jet looms.

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< p > in addition, 20D/12F, 24F and 30D/12F and 30D/34F are relatively smooth in two cities of Shengze and Jiaxing, and the main water spray production is ultra-thin and super fine denim fabric.

160D nylon air textured yarn market still has a certain volume of shipments. It mainly interacts with 70D/24F nylon -6FDY to produce the series of fabrics.

Polyamide filament FDY40D total matting products in Shengze and Jiaxing two cities in this week are more dynamic sales, mainly produces "Matt NIS spinning" series, this fabric through flocking, coating and so on, suitable for the production of leisure decoration series.

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< p > at present, the intention sale of this fabric has picked up. Therefore, the downstream jet weaving weaving machine production enterprises are increasing, prompting the demand for its nylon filament FDY full dull filament.

The market trend of semi bright nylon monofilament is "stable and stable"; the bright nylon garden Kong Si, nylon semi glossy filament, bright nylon three leaf profiled silk market is very few.

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