The Overall Atmosphere Is More Than &Nbsp; PTA Adds Up.

Zhengzhou PTA futures rose 20 days earlier, the main 1201 contract opened at 9430 yuan / ton, to 9458 yuan / ton, up 138 yuan, 913400 hands trading volume, 350100 positions.

Overnight oil worries rose due to worries over Europe's debt crisis.

New York electronic exchange (NYMEX) crude oil futures rose on the 20 day, due to the euro zone sovereign debt crisis showed a better hope, thereby improving the market's outlook for the global economic outlook and crude oil demand.

In addition, the new housing starts data in the US are better than expected, and they also form a support for the crude oil futures market.

As of 11:30 Beijing time, NYMEX light crude oil futures rose 0.73 U.S. dollars in August, closing at $98.23 a barrel, or 0.75%.

According to the Ministry of commerce website, the demand for PTA will reach 24 million 200 thousand tons by 2015, and the capacity will reach 21 million 500 thousand tons.

According to statistics, China's PTA capacity reached 15 million 600 thousand tons in 2010, and its output was close to 14 million 100 thousand tons, and its demand was about 19 million 600 thousand tons, an increase of 1 million 400 thousand tons compared with the demand for 18 million 200 thousand tons in 2009.

2010, China

The spot market, the PTA spot market performance is more stalemate, the East China domestic market selling offer less, sporadic heard at 9150-9200 yuan / ton, the delivery is still maintained at 9100 yuan / ton, the paction is slightly deadlocked, low-priced selling is still reluctant to sell, the market negotiations basically maintained at 9100-9150 yuan / ton, the United States gold plate, at present, Taiwan's sporadic offer at 1185 U.S. dollars / ton, the delivery of 1170-1175 U.S. dollars / ton near, at present, the negotiations remain at 1175-1180 U.S. dollars / ton high-end.

Downstream, downstream