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Main » 2012 » July » 17 » The PTA median bear trend presents
7:21 AM
The PTA median bear trend presents

April 11, after local PTA main 1209 contractses set the stage of 8520 dollars/tn of proptosis low, parts of PTA produces the business approval engine room recondition and go into municipality procure PTA spot of the action push to rise a spot price to the 8800 dollars/tn auxiliaries.Arouse here down, the PTA forward price touches a bed gravelled, the maximum  once touched the rebound high - order of 8750 dollars/tn.However, expecting price finally can not continue to inflate power amalgamation sunglasses for sale to thereupon and significantly drop.Along with macroscopic surface benefit for nothing news repeatedly the proptosis, PTA supply and demand paradox deepen and the technique surface walks weak, the trend of PTA median bear will present further.

  The macroscopic surface benefit gets empty news continuously

  On April 23, the PMI figure of china and mainly national release in Europe all constitutes the benefit for nothing impact on market.Though remit a plentiful made in china industry PMI beginning to be worth to have a gravelled a little bit in March in April, this is already the sixth month is lower than 50 ups and downs boundaries, mark that the home manufacture industry is still being placed in contraction course in a row.Moreover, two greatest economy-germans in Europe and French PMI figure also make investor greatly disappointed.France synthesizes PMI to cut to in April 46.8, touch October, the past year come of lowest bit, the indes in March for 48.7;April manufacturing business PMI in german is 46.3, is snapback hats more significantly low than the analyst estimates of 49.0, be also lower than at the same time 48.4 of March, set since July, 2009 atrophy velocity most quickly.In addition, hispanics and Italian national debt rate of return  soar to again focuse the global vision to debt crisis in Europe up, it repays vs the negative role of finance markets continuance.Therefore, arouse in the macroscopic surface benefit vacancy down, the bulk commodity rate is hard to come out single - sideband transmission of bull market. 

  The PTA supply and demand paradox will deepen

  In mid- April, the rise of local PTA rate in addition to standing of capacity business price outside, the polyester business production & sales rate is brief the gravelled is also another an important factor.However, terminate a stage in the business procurement program behind, PTA has the goods sentiment fundamental termination before the knot.More weighty BE, after, the May's inland spins and weaves a clothing demand to enter seasonal slack season, the operating rate of then big parts of polyester businesses will gradually decline, will also correspond reduction to the PTA demand.Become with demand thin variant BE, oakley polarized anaphase the supply press of local PTA will gradually present, a great deal of agglomeration of productivity throws in to turn worse current supply and demand paradox, make the profit of craft redistribute and urged PTA rate again next step.Therefore, under the sistuation that the supply and demand is out of balance situation aggravation, the bottom of the anaphase PTA rate goes risk to gradually enlarge.Reference:http://www.popularhat.com/Oakland-Raiders-hats-c579.html
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