The Peripheral Market Is Down &Nbsp; PTA Is Less Likely To Go Down.

Zhengzhou PTA futures fell slightly on the 23 th. The main 1109 contract closed at 9536 yuan / ton, down 40 yuan / ton. The stock market fell sharply yesterday, suggesting that the economic outlook is weakening, which is unfavorable for the textile industry.

Under the inflationary pressure, the market is worried about the economic slowdown and the short atmosphere is strong. PTA The upstream and downstream performance is weak, and the trend of PTA is difficult to be improved. The main 1109 contracts were late in the long term, and the price of the long jump was dived. The overnight market is generally down, and it is expected that PTA will be lower in the near future.

The New York Mercantile Exchange (NYMEX) crude oil futures closed down 23 US dollars per barrel on the 100 day, dragging down the euro against the US dollar due to debt worries in the euro area, and the slowdown in China's manufacturing industry also affected oil prices. NYMEX July light crude oil futures contract settlement price fell $2.40 to $97.70 a barrel, or 2.4%. The price of Beihai Brent oil futures in Beihai, which was delivered in July, fell by $2.29, to $110.10 a barrel, a 2% drop.

Intercontinental Exchange (ICE) cotton fell 1% on 23 days. commodity market The fall has been depressed and demand has been weak since last week (May 21st week). Asia PX fell 6 to 1496-1497 U.S. dollars / ton FOB Korea, Europe fell 6 to 1546-1550 U.S. dollars / ton FOB Rotterdam, the United States fell 30 U.S. dollars to 1570-1575 U.S. dollars / ton FOB Gulf of America.

On the spot, internal market PTA spot The market is stable and weak, and the transaction price is basically maintained near 9650 yuan / ton. The mainstream quotation is near 9750 yuan / ton, and some buyers are closing at 9600 yuan / ton. On the outside side, Taiwan's spot trading price is near $1210 / ton, and the spot price of Korean products is close to $1200 / ton.

In the downstream market, the mainstream factories in Jiangsu and Zhejiang provinces have stable quotations, and polyester production and sales are better. Most of them can barely make a flat or slightly super, with 150% higher and 7-8 lower. Fujian market for the relatively unsalable goods, there are many concessions actually deal. Direct spinning polyester and short production picked up slightly in the second half of last week, and the factory quotations on weekends were generally stable. Today's factory quotes continue to stabilize. After last week's sales, part of the stock pressure dropped slightly.