The hottest PTA morning comment on the multi air i

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PTA morning review on the 21st: PTA is expected to fluctuate at a high level in the mixed situation of long and short prices

Zhengzhou PTA futures jumped high on the 18th and ended up sharply. The main 1105 contract closed at 11734 yuan. Otherwise, due to the dispersion of fillers, it rose by 318 yuan/ton. Japan's nuclear pollution concerns eased, and the soaring crude oil and the US cotton limit continued to boost PTA's long-term confidence on Friday. The recent maintenance of PTA device continues, which may aggravate the tight spot supply situation and improve the negotiation atmosphere in the spot market. However, last Friday, the crude oil closed low, the US cotton continued to rise and the Chinese plastic extruder market also made great progress and breakthrough. The domestic deposit reserve was raised again, and the situation of long and short space was intertwined. The short-term PTA is expected to carry out design and development and airworthiness certification in accordance with the airworthiness standards in line with international standards, holding a high shock

crude oil futures on the New York Mercantile Exchange (NYMEX) closed lower on the 18th. Affected by the announcement of the ceasefire by the Libyan army, reports of the resumption of ground war and the mobilization of Western troops made people question whether the conflict could end soon. The settlement price of April light sweet crude oil futures on the New York Mercantile Exchange fell 35 cents, or 0.4%, to $101.07 a barrel. After the UN passed the resolution of establishing a no fly zone in Libya on the 17th, the oil price soared by more than 2%, but the market trend reversed after the Libyan foreign minister announced a ceasefire. Despite calls for a ceasefire, market participants hardly believe that the Libyan conflict will end soon

Intercontinental Exchange Futures cotton closed at the limit for the second consecutive day on the 18th. The broker said that the market was worried that the situation in North Africa and the disaster in Japan might further deteriorate this weekend, so investors took protective short covering. Asia PX fell $7 to USD/ton FOB Korea

the people's Bank of China has decided to increase the RMB deposit reserve ratio of deposit financial institutions by 0.5 percentage points from March 25, 2011. The central bank last raised the reserve ratio on february18,2011. Just one month later, the central bank announced its third increase this year. After this adjustment, the deposit reserve ratio of large commercial banks reached 20%, reaching a new high

spot price: the PTA market atmosphere in East China continued to rise, and the spot offer rose to about 11700 yuan/ton. The buyers' inquiry was positive. It is expected that the mainstream negotiation will start around yuan/ton, and the market trading atmosphere is good. In the downstream market, polyester production and sales in Jiangsu and Zhejiang regions picked up moderately, most of them, some of them were better than others by 200%, some factories were slightly lower than others, and the downstream weaving made tentative preparations

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