Procurement of raw PET bottles needs to be cautious, PTA rebound weak

The May crude oil contract of the New York Mercantile Exchange (NYMEX) settled at $108.83 on the 6th, up 0.49 or 0.45%. According to data released by the U.S. Energy Data Association, US crude oil inventories increased by 195 million barrels last week, higher than expected. China again raised interest rates this week and for the first time in nearly three weeks, a crude oil tanker sailed away from the eastern ports of Libya and brought pressure. . However, the civil war continues to seriously damage the country’s oil supply capacity, which is good for the crude oil market. The rise in crude oil will increase chemical costs and will be beneficial to futures prices. Zhengzhou PTA Futures closed in a narrow range on April 7. The main 1109 contract opened at 10,650 yuan / ton, closing at 10,660 yuan / ton, up 24 yuan / ton, trading volume of 1,546,100 hands, holdings of 248,078 hands. Overnight crude oil and US cotton climbed sharply towards the trend of PTA, but PTA factory centralized maintenance and some PX production facilities in Japan resumed work. PX continued to decline, power cuts in some regions of Jiangsu and Zhejiang, polyester consumption continued to be suppressed, and fundamentals dissipated. Adjustment pressure is not reduced. Short-term PTA will maintain shock consolidation.

In terms of fundamentals, due to the impact of electricity restriction in Jiangsu and Zhejiang, the high inventory of downstream manufacturers was unfavorable to production and sales. Some downstream manufacturers sold PTA sources and caused market conditions to fall. Coupled with upstream PX prices, the situation was negative and multiple bad news followed, resulting in more market development. confused.

In the market, Shengze chemical fiber market, PTA spot prices continue to decline, MEG prices fell, semi-bright polyester chips, large light polyester chip prices fell, CDP chip prices down, the price of PET bottles fell. On the market, the mainstream of the current half-sliced ​​cash is 13,350 yuan/ton, the current mainstream of light chips is 13,300 yuan/ton, and the spot transaction price on the CDP slicing market is accepted at 14200 yuan/ton in six months. The PET bottle market is generally sent to the market. The price is 13,900 yuan/ton.

On the downstream side, the decline in the upstream polyester raw materials continued, the purchase of downstream companies remained cautious, the production and sales of spinning plants were uneven, and the pressure on polyester filaments kept increasing. The transaction volume in the market is at a low level, and Xiaoshan District's polyester yarns sold in Shengze and Jiaxing have generally fallen.

Name melamine faced particleboard
Size Standard size is 1220x2440mm,1380x2440mm,can cut into any samll sizes as customer's require
Thickness 9mm,12mm,15mm,16mm,17mm,18mm,22mm,25mm
F&B Raw,melamine face,veneer face,paper face,PVC face and paint
Finish Gloss,matt,textured,shinning,magic
Materials Mainly is mixed poplar and pine
Glue E1,E2,E0,HMR,CARB,FSC,ISO,SGS
Density 550~800kgs/cbm
Usage  Ideal furniture making materials
Packing

1.Inner packing is 0.2mm plastic bag,outer is pallet with carton and strpped with steel tape

2.Loosing load

Delivery  Within 15days after confirm the order
Load Qty

 1>Packing:20GP--8Pallets---22.5cbm

 2>loosing:25.72cbm

Payment  T/T or L/C at sight

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