EG: How long can rebound

: EG: How long can rebound , investors still cautious . Last week, the domestic market started strong shocks glycol , as the current spot price of 6880 yuan / ton , up 5.04% ; U.S. market simultaneously on the shift more apparent magnitude , cargo price $ 945 / ton, up 4.42 percent . Related Products driven by strong effects are obvious . Recent PTA 7 consecutive trading day higher , as the current spot price rose 300 yuan / ton, 4.95 percent , as market sentiment was boosted stock prices are still on the impulsive force . Driven by recent sales beautiful downstream polyester , staple fiber, filament better performance , sales are basically flat in doing more. Downstream polyester sales to good , to a certain extent on the price of its thrust to push play .Washi tape

Although the base stocks remain high , but the overall trend is downward . Last week, in the vicinity of the port inventory 1,128,300 tons , down 0.91% , although the group is still a huge number , but the overall decline in the channel , to a certain degree of confidence in the market . With peripheral news : Recent news about the Saudi system shut down for maintenance in scattered , aside authenticity of its message , a message appears with time market Sellotape

participants effective use of this message , no doubt boost the market 's rally. However, it is reported that no major impact on the domestic supply contracts . For the sustainability of the industry rebound mentality mixed. The latter still faces short-term upward view of above normal shock pattern .Masking tape


Recent sales improvement is not derived from the downstream end woven support , is more driven by the upstream to rise ; and ethylene glycol itself and downstream polyester products are facing a higher pressure on the stock market on its upward course destocking gift trends resistance ; another downstream from the plant level, the recent polyester plant material inventory levels are at a relatively high level , the recent enthusiasm of the general procurement of raw materials , inventory levels declined Taicang direction is evident . At this point the amount of their portfolios Kuaijinkuaichu Trader model -based, multi- bet heavily loaded still cautious .Wholesale masking tape