European Debt Relief Made Progress &Nbsp; PTA Struggled On Tuesday Afternoon.

Zhengzhou PTA futures rebounded in the afternoon on the 29 day, and the main 1205 contract received 8024 yuan / ton, up 96 yuan.

Euro zone leaders have made progress in resolving the European debt crisis. Euro zone finance ministers are expected to agree on the draft EFSF rules of operation, and the US retail industry has performed well in the early holidays, boosting market sentiment.

But raw material PX maintained.

New York commercial Futures Exchange (NYMEX) crude oil futures 29 day electronic disk lower, affected by the progress of the euro area and other external factors.

At present, the market is concerned about the euro zone finance ministers' meeting. The contents of this meeting may include: deciding Greece's sixth aid.

Light crude oil futures fell $0.14 in January to $98.07.

In November 28th, Asia's PX fell 2 US dollars to 1363 US dollars / ton FOB Korea, Europe PX fell 15 US dollars to 1240 US dollars FOB Rotterdam.

On the news side, several PTA manufacturers in November PTA settlement price, the price is mostly implemented at 8600 yuan / ton, compared with November listing price cut 400 yuan / ton.

Yisheng Petrochemical's PTA contract in December was tentatively scheduled for 8800 yuan / ton, and the contract price of other manufacturers in December has not yet been announced.

On the market side, PTA spot price adjustment, MEG price decline, semifluid polyester chips, large gloss polyester chip price stability, CDP slice price consolidation, polyester bottle price unchanged.

On the market, half light section cash mainstream is in 10050 yuan / ton, the mainstream of glossy slice cash is generally 9950 yuan / ton, the CDP slice Market spot paction price in 10900 yuan / ton three months acceptance, the PET bottle piece market generally delivers the paction price at 11000 yuan / ton.

Polyester chip enterprises replenishment, trading volume rose slightly on the market.

Downstream, the upstream polymerization raw materials price shocks, to the polyester market support power is insufficient, downstream textile and bomb business wait-and-see psychology is thick, polyester purchasing is difficult to be heavy, and spinning factory inventory is increasing, in order to strive for shipment preferential sales promotion price.

Individual factory quotations have been lowered, and Shengze has been spinning semi factory DTY with some specifications of 100-200 yuan / ton.