Home >

PTA Multiple Difficulties, Weak And Difficult To Change

2011/6/28 16:32:00 55

PTA Raw Material WTI

Main points:


1, upstream

Raw material

Price and PTA production profit: WTI crude oil spot price is 90.53 (-1) US dollars / barrel, CFR Japan naphtha price is 861 (-73) US dollars / ton, FOB Korea MX price is 1175 (+0) US dollar / ton.

FOB Korea PX price is 1425 (-0) yuan / ton, import PX is equivalent to PTA production cost is about 8559 yuan / ton, PTA production profit is about 491 yuan / ton.


2, PTA spot price: PTA spot average spot price 9050 (-170) yuan / ton, the external spot price is 1152 (-13.5) dollars / ton, the import cost price is 9295 yuan / ton, the price difference between the internal and import PTA is -244 yuan / ton.


3, price structure: PTA current price difference is -288 yuan / ton.


4, MEG price: domestic MEG 9380 (-50) yuan / ton, import MEG 1240 (-5) US dollar / ton


5, downstream polyester products prices and polyester gross margin: Great

Polyester cutting

11600 (-100) yuan / ton, semi gloss polyester chip 11800 (-50) yuan / ton, 1.4D direct spinning

Polyester and short

12950 (-50) yuan / ton, polyester DTY 150D is 16000 (-0) yuan / ton, polyester POY 150D is 14100 (-100) yuan / ton, polyester FDY 150D is 13700 (-200) yuan / ton.

Polyester gross profit is 2320 yuan / ton.


Summary:


PTA many factors are in trouble, the upstream cost support is weak, the downstream production and marketing situation is weakening, and the new supply capacity is expected to increase. The SMEs are facing the dilemma of the capital chain, and PTA is still weak.


Last weekend, PTA was added to the bad situation. Since July 1, 2011, China will sharply reduce import duties on petrol, diesel, aviation kerosene and fuel oil.

PTA's industrial chain is also affected.

It is advisable to keep the idea of high flying short.

  • Related reading

Recently, Polyester Full Dull FDY Has Been Tightened.

Industry stock market
|
2011/6/22 15:09:00
52

Peripheral Trend Improves &Nbsp; PTA Will Maintain Concussion.

Industry stock market
|
2011/6/22 15:07:00
37

Market Lacks Hype Theme &Nbsp; Period Cotton Market Narrow Shocks.

Industry stock market
|
2011/6/22 15:01:00
38

Guangxi Cocoon Silk: Multi Space Factors Interwoven With &Nbsp; The Market Is In Short Order.

Industry stock market
|
2011/6/22 14:51:00
57

Cotton Basic Weakness &Nbsp; Continued Weak Shocks After Market

Industry stock market
|
2011/6/21 16:17:00
40
Read the next article

Cotton Slump Leads &Nbsp, Third Round Or Official Opening

On the 27 day, the overall weakness of commodities was shocked and the whole industry was green. The day before yesterday, the majority of varieties of agricultural futures were down by more than 1%. Cotton ranks 1201 in the main contract, the biggest drop in commodities, with a unilateral drop of 1080 points, or 4.62%, at 22305 points.