The hottest southwest futures PTA is hard to get r

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Southwest Futures: PTA pushed up and down, and it was difficult to get rid of the decline

last night, they took lithium hexafluorophosphate as a breakthrough on the road of transformation and upgrading, and the six major central banks jointly cut interest rates by 50 basis points to alleviate the impact of the financial crisis on the economy, which reduced the decline of NYMEX crude oil futures, which was originally announced by the EIA that the U.S. crude oil inventory unexpectedly increased sharply last week, and finally closed at $88.95/barrel by 1.23%. The decline of crude oil once again makes PTA raw material PX more weak, and further weakens the cost support of PTA. After catching up with crude oil, PTA fell rapidly at the opening, reaching a minimum of RMB 6816. However, the market is still hyping the support of Sanxin Petrochemical's shutdown on PTA's spot market. However, from the long-term development perspective, TA's relative resistance to the decline in contract performance in recent months has prompted the bulls to continue to actively resist. However, the market demand is still not reversed in the short term, the profit growth rate of the textile industry has plummeted, and the downstream chemical fiber industry has achieved a monthly profit of RMB 4.713 billion, A year-on-year decrease of 47.11%. From this point of view, PTA is still in decline. Based on the demand comparison between traditional industries and high-tech industries, it is suggested that short positions in the early stage can continue to be held

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