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the backing of the oil under the old club, PTA may be considered after a recent long-dormant hibernation period, price and volume are like Zhimakaihua. The cold for a long time to let the market varieties become the new darling of investors. P>

PTA sales growth in the second half of last year

rapid rise of crude oil, PTA reflects the slow point no problem, but it is beginning a trial of strength in the bottom, and even low in the spot price, really confusing. The reason is not difficult to see in 2006,jordan high heels, 2007, to give the market a substantial expansion has left psychological shadow. Gone up instead of shrinking market demand, PTA production capacity has been rising. From the downstream market supply and demand situation,jordan heels, a decrease in demand, a supply increases, price volatility in the direction that the most simple economic theory is not difficult to imagine we all had. But from the perspective of cost constraints, crude oil prices rose nearly 50% of the time, PTA, but stays on, its easy to misunderstand how much profit margins. P>

In actual fact, the entire production system in the petrochemical industry,jordan 11 high heels, PTA only a number of downstream products, manufacturers of many ways to profit Moreover, the downstream market downturn is temporary and does not affect long-term the production plan. In order to avoid losses and product backlog, companies can shift production operation in the direction of easy to sell higher margin products. PTA downstream businesses in low-cost raw materials when the hoarding, of course,cheap asics, the production company is expected to cost more in the case of the first high volume production,asics online store, until they were ready for sale. PTA is easy to see in the market to play a dual role, to contain the effects start at any time, if only a single chain of a recognition of the role, it will miss the market opportunity. P>

listed at the beginning,dunk heels, most investors did not because the market is not familiar with this species, only know that PTA is the downstream oil products, on the arbitrary in that future crude oil prices to a certain time, PTA is also no doubt will rise, then struggling to do more, in the first month of PTA listed on the index hit a 9098 high point of the market, far more than the market can bear immediately high. However,jordan high heels, in the spots pressure dropped rapidly to near the spot market price was poured cold water on the PTA transactions have taken advantage of darkened, both price and volume lower. P>

the international market,nike shoes women, crude oil prices in early 2007 from a low of $ 52 to the present surging near the highest $ 140, or 170%, but the end of 2007 PTA in 6907 hit a low of only after the rally,nike air max womens, the current rose as high as 43%, both relative spread rate also recently restraint. And we can see that in the May 21 to June 4, crude oil during deep callback rate, domestic prices of PTA and not unmoved. This is mainly because of rising raw material all the way through,ascis tiger shoes, the needs of companies have begun to actively Xihuo to prevent further increases, resulting in the gradual recent shortage of PTA on the market, it needs to support PTA prices plunge in the case of raw material prices are still strong . We can see, and demand is driving the cost of support as a twin-engine blew up while this hot market, not a single guide and support costs. P>

integer with breaking million mark approaching, the pressure beginning to show not only technical, but also the uncertainty of future market demand for increasingly pervasive. Same period last year, PTA southern part of the downstream market in May half-light polyester polyester chip companies end price 11,500 yuan / ton, the highest level of the first half of June, the contract price was initiated to report 11,700 yuan / ton, but helpless industrial off-season, such a high price the downstream market is not buying it, then make adjustments mid-June, down 600 yuan / ton to 11,100 yuan / ton, with the support of half the price of crude oil was light polyester chips settlement price since June after a long period of time has been stable at 11,000 yuan / ton level. This year we can see that the downstream market, the downstream market demand has not been any improvement, usually beginning in June PTA terminal market demand into traditional off-season, the level of return in the textile mills of multiple factors have squeezed the poor performance, so loom operation rate may continue to decline, the demand for polyester will be a corresponding drop slightly. In addition, the peak repayment will face six months, the financial pressure generally polyester plant will be larger, speed up production of the wishes of a strong, will not go to a lot of raw material procurement production. The PTA is currently high demand market potential risks. P>

So for the crude oil price increases profit opportunities, investors should grasp the rhythm of the market supply and demand,jordan 5 heels, to history as a mirror,jordan shoes for women, do not forget standing above the crowd. P>