PTA: Weak Ideas Remain Unchanged.

Market review: on Friday, TA1505 opened up and closed with the previous trading day. On Friday, US crude oil fell 3.57% to 57.81 U.S. dollars, and Brent fell 2.87% to 61.85 dollars. The US dollar index fell 0.34% to 88.325.

Device side: yam Grand 3 million 750 thousand ton 2# plant is scheduled to restart at the end of last week, and 1#200 million tons of equipment will be turned off in turn. Hengli Petrochemical 12.1 days to stop the 2 million 200 thousand tons of equipment plans to restart on 15, then Hengli 2 production lines will continue to run. Xiang Lu 4 million 500 thousand tons plan to restart on 15.

Spot market: Friday PX Asian market rose 10.5 to 848-849 U.S. dollars / ton FOB Korea and 870-871 U.S. dollars / ton CFR China / Taiwan. PTA spot buying mentality is pessimistic, the spot price delivery tray maintains the previous day level, and talks about stalemate. In the afternoon, the PTA spot market quotation in East China maintained at 5000 yuan / ton, and the buyer's counter-offer level did not go up. The intention was still below 4950 yuan / ton, and no actual negotiations were heard.

　　 Dollar The purchase market is weak due to the lack of buying. Bargain price The market price of the US dollar cargo market weakened. At the close, the US dollar cargo was quoted at $670 / ton, and the delivery rate was $660 / ton. The actual negotiation was not heard, and the negotiation value was $660-665 / ton. Jiangsu and Zhejiang semi light chip market continues downward, the market mainstream quotation in 6900-7100 yuan / ton cash, negotiate price in 6800-6900 yuan / ton cash, local low or deposit.

Jiangsu and Zhejiang Polyester Market The market is weak and stable.POY150/48 mainstream reported 8100-8300 yuan / ton cash, FDY150/96 mainstream reported 7900-8300 yuan / ton cash, DTY150/48 mainstream newspaper 10100-10800 yuan / ton. Zhejiang direct spinning polyester short market weak small drop, half light 1.4D*38mm mainstream transaction in 7900-8000 yuan / ton cash, Jiangsu market half light 1.4D*38mm mainstream transaction in 7900-8100 yuan / ton cash.

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According to industry insiders, the number of textile enterprises coming to buy cotton has been greatly reduced recently. The reasons are: first, the scale of textile enterprises in Sichuan and Chongqing is generally not large, and most of them produce blended yarn and cloth, with less cotton and small quantities of cotton shopping is the norm. Two, the owners of spinning enterprises still think that it is more cost-effective to buy Cotton locally, so as long as they raise enough funds, they are willing to work hard to purchase in Xinjiang.

In December 12th, affected by the decline of domestic market, the price of polyester and short in Sichuan and Chongqing declined again. The mainstream quotation of the market was 8300-8400 yuan / ton (delivered to the door), which was 150-200 yuan / ton higher than that outside the province, which was 200 yuan / ton lower than that in December 5th, and the price of chemical fiber and polyester was 7100-7300 yuan / ton, and the price center of gravity dropped.

According to the introduction of the textile enterprises, under the influence of the new cotton market, the sales price of yarn and cloth is under pressure. At the end of the year, businesses need to withdraw funds. At present, the sale of some varieties is not a big problem, but the price is low, and the collection is even more difficult. Recently, the half line and the whole line of grey cloth are still selling well, and some individual customers queued for the delivery, but most of the textile enterprises do not have such varieties, and the relevant textile enterprises also restrict the production capacity due to the limited number of spindles. But it is understood that only this season line fabric is popular, it is difficult to find any kind of season when the season is over. Therefore, the relevant textile enterprises are very cautious in the production and marketing control, and other textile enterprises will not increase the investment in the ingot.