According to the price monitoring of business agencies, the domestic spot market price of PTA fell slightly on September 14, with an average price of 3496 yuan / ton on the spot market of that day, down 0.06% compared with the previous trading day and 32.58% lower than that of the previous trading day. PTA main futures (2101) closed higher and closed at 3630, up 2% or 0.06% from the previous trading day.
In terms of PTA plant, Luoyang Petrochemical Company shut down 325000 tons at the end of July for maintenance, and started to restart on September 14. Ningbo Yisheng plans to restart on September 16. At present, the overall operating load of the industry has risen to more than 87%, the spot supply is loose, and the market mentality is cautious. The price of downstream polyester market is stable and weak, some factories have preferential promotion, but there is no obvious large-scale production and sales, PTA sales atmosphere is flat, inventory contradiction is still prominent.
Xia Ting, an analyst at the business agency, believes that PTA prices continue to fluctuate downward in the short term.
| Thiourea |