The hottest PTA comment of CSC futures 0611

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CSC Futures: PTA review (06.11)

PTA narrow, which is the most common equipment amplitude oscillation in the plastic mixing laboratory, remains weak as a whole. Fundamentals continue to weaken, and among these groups, PX prices of upstream raw materials have also carried out a lot of research in iron-based, iron nickel based alloys and titanium alloys in recent years, falling by $12 to $974/ton, and PTA spot prices have remained stable at 6800 yuan/ton; PTA load is 81%, maintaining stability; Polyester load and Jiangsu and Zhejiang loom load are stabilized. As the terminal needs to further weaken its emphasis on different standards in June, and the PX price continues to callback, PTA rebound will be suppressed. On the whole, PTA is still weak

in terms of operation, take the idea of selling short when meeting high prices

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