July 1, 2010 PTA Spot Market Daily

　　 PTA spot The main price of cash in the main market is 7000 yuan / ton.

The horizontal price of cash on board cash plate: $855 / ton.

The price level of the spot cash plate is 830-835 USD / ton.

CCF PTA index: 1.5

Business news July 2nd PTA futures The impact of the sharp decline, PTA insider spot lack of popularity, the market once again tested the integer gateway support. On the inside side, the general quotation fell to 7050-7100 yuan / ton, the transaction closed to 7000 yuan / ton, Jiangsu market single source of goods reached 7000 yuan / ton price, reached the polyester factory. Of course, traders generally do not sell too much at low prices. As for the external market, because the current supply of goods is not enough, the spot atmosphere is still stable. The seller's quotation for the spot stock is still around 860-865 US dollars / ton, and the buyer's bid is 850-855 dollars / ton, and the mainstream transaction is near 855 US dollars / ton. In the afternoon, the two single spot in Zhejiang market was traded at the price of US $855 / ton, and the factory was ready for the market. Close to closing time, some individuals for special reasons in the vicinity of 850 U.S. dollars / ton also heard talks. The Korean mainstream spot transaction started today near $835 / ton, and the buyer's offer was acceptable. Of course, in the short term, the trend of stock index is weak, PTA futures are broken down, and the downstream polyester polyester round up period is over. Sale Falling prices also began to loosen. In the short term, the PTA spot market was not popular enough, and the market began to fall into a weaker pattern at the beginning of the month.

In terms of raw materials, the PX settlement price came to $900 / ton CFR Asia in July, and fell by 40 US dollars / ton from last month.

Downstream, Jiangsu and Zhejiang polyester production and sales in general, local slightly down, most factories are 5-7, 8-9 of the individual higher, some factories lower 3-4, local price slightly loose.