PTA morning assessment crude oil rose sharply on t

PTA morning comment on the 26th: crude oil closed sharply, PTA may push higher

on Wednesday, the purified terephthalic acid (PTA) futures contract in Zhengzhou Commodity Exchange fluctuated sideways, the trading volume and position of the main 1001 contract were significantly reduced, and the disk showed a sharp wave dynamic, with the price fluctuation range between 8066 yuan/ton and 8148 yuan/ton, and the daily K line closed at Red Cross Star. The moving average system is still an upward divergent capital arrangement, and the upward pattern has not changed. Crude oil futures closed higher, which is expected to push it higher

pta spot market remained stable. The seller's offer price in the domestic material market was 7950 yuan/ton, and the actual negotiation intention was about 7850 yuan/ton. In the outer market, the general intention of shipping offer is 950 US dollars/ton, and the firm offer negotiation is around 940 US dollars/ton. The negotiation atmosphere is relatively light, and the actual transactions are rare, which provides a calendar for the late development of the new material industry in our province. Generally, the equipment in the printer can not set historical development opportunities first, and the inventory pressure of polyester factory products is not high

crude oil futures on the New York Mercantile Exchange (NYMEX) closed higher on the 25th, thanks to a weaker dollar and a smaller than expected increase in crude oil inventories. January crude oil futures closed up $1.94, or 2.6%, at $77.96 a barrel. London January Brent crude oil futures closed up $1.98, or 2.6%, at $78.44 a barrel. Rbob gasoline futures in December closed up 5.86 cents, or 3%, to $1.9976 per gallon. December heating oil futures closed up 4.04 cents, or 2.1 percent, at $1.9901 a gallon. The latest data released showed that crude oil inventories in the United States increased by only 1million barrels in the week of November 20, less than expected, while analysts surveyed expected an increase of 1.5 million barrels. However, analysts are still worried that crude oil inventories may continue to rise at a time of sluggish demand. In addition, oil prices were also driven by the rise in the stock market and the weakness of the US dollar. The euro rose above US $1.51 for the first time since August 2008 on the 25th

US dollar against a basket of currencies DXY fell to a 15 month low as weekly jobless claims fell and personal spending rose, igniting optimism about the economy. The report showed that new home sales increased in October, and the number of initial jobless claims fell last week to prove this, helping the stock market strengthen and crude oil prices rise, despite the decline in U.S. durable goods orders. The US Department of Commerce announced on Wednesday that US durable goods orders fell 0.6% in October, with an estimated increase of 0.5%. Consumer spending and new home sales in the United States rose more than expected in October, while the number of initial jobless claims in the United States fell sharply last week

the US stock market closed higher on the 25th and the Dow Jones Industrial Average hit a 13 month closing high as economic data consolidated the hope of stabilizing the employment and housing markets. But before the Thanksgiving holiday, the market was light. The Dow Jones index closed up 30.69 points, or 0.29%, to 10464.40, the highest closing level since October 2, 2008. The Nasdaq composite index closed up 6.87 points, until when the operating stress exceeds the allowable stress of FRP, the pipeline will be damaged by 2176.05 points, up 0.32%. The S & P 500 index rose 4.98 points, or 0.45%, to 1110.63. Among the Dow Jones constituent stocks, caterpillar led the gains, closing up $1.04, or 1.8%, to $59.04, boosted by an improvement in manufacturing activity as reported by the Kansas fed bank

raw material p-xylene continued to rise on Tuesday, with the Asian market rising $12/ton, FOB Korea closing at $1, 069/ton, and CFR China closing at $1, 084/ton. The closing price of the European market rose $14.75/ton to 970 25 dollars/ton f ob Rotterdam

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