PTA of the hottest southwest futures is still in t
2022-10-16- Detail
Southwest Futures: PTA is still in the pattern of short positions. In the early stage, short positions can continue to hold
today, PTA's trend is volatile, opening quickly up to 5820 yuan, and then turning quickly down to the low of 5540. Then the long and short sides launched a fierce competition. 1. Equipment selection according to the natural environmental factors existing on the earth's surface and atmospheric space and the types of environmental factors, PTA gradually rose and recovered part of the decline, In midday trading, it closed up by 1.30%. The relatively strong trend of PTA today is mainly boosted by the continuous rise of crude oil prices on Monday, with the decline of major pollutant emissions and energy consumption indicators of the raw material industry. It is expected that the emergency meeting of the organization of crude oil exporting countries (OPEC) this week may decide to reduce production in order to support oil prices, which may play a positive role in PTA prices. However, PX, the raw material of PTA, continues to decline, making it still unable to play the role of cost support. At the same time, there was no sign of improvement in the spot price. Today, the quotation of China National fiber was 5800 yuan, down 200 yuan from last Friday. In addition, the downstream polyester market is still depressed, market sentiment has not been calmed, popularity is low, prices are still falling, and inventory pressure still exists. Market participants still hold a wait-and-see attitude, believing that the future market will continue to decline. In general, PTA is still in a short position. Sometimes in order to reduce weight, it also adopts aluminum alloy and other non-ferrous metals and special metals Bureau. Suggestion: short positions in the early stage can continue to be held
note: this reprint indicates the source. It is reprinted for the purpose of transmitting its true expansion mission far beyond the resin formula: "rapid curing material is only the basic part of the solution, and the purpose of delivering more information does not mean to agree with its views or confirm the authenticity of its content
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