Although cotton futures have been shaking recently, Shaoxing

Weak wait-and-see is the main business, the paction is still lighter, the mainstream price of 32S combs is 22700 yuan / ton.

Shipments continue to be flat, prices are weak, and the mainstream price of 30S weaving is 15900 yuan / ton, and the mainstream price of 30S knitting is 16350 yuan / ton.

Wait-and-see, flat, weak price finishing, 32S mainstream price of 12920 yuan / ton.

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No one would like to reveal his scar. As the futures Daily reporter visited in the Fujian PTA industry chain, few enterprises would like to mention and do not want to comment more about the sequelae left by the alliance. Perhaps some of their suffering is only known by themselves.

The performance of enterprises is not difficult to understand, after all, in this half year long limited production alliance game, there is no final victory or defeat, and some only bring pain to the industrial chain.

It is understood that this year the entire PTA industry chain has undergone substantial fluctuations. Among them, the game of PTA factory price alliance has once caused great waves in the whole market.

But driven by the fall in oil prices, which led to a sharp decline in costs, the PTA price alliance collapsed and the PTA plant's operating rate returned to high load.

Meanwhile, with the launch of new PX installations in South Korea, Singapore and India from 7 to August, the upstream raw material PX has been overcapacity, and production profits have declined steadily.

As of 17 days, PX's dynamic production profit was only about US $50 / ton, and its largest production profit in early 2011 was US $500 / ton.

The entire PTA industry chain and even the most profitable varieties of the chemical market now have to face depression.

As the weakest downstream polyester industry, the "encirclement and suppression" campaign at the initial stage of PTA manufacturers' price alliance ended in failure because of inconsistent actions, but it had to accept the cost pricing model of PTA plant.

With the promotion of pricing, the cost of polyester plant has risen to a certain extent, so that the rate of inventory decline has slowed down.

At present, nearly 44 million tons of PTA capacity corresponds to the effective market demand of 25 million tons. After the collapse of the alliance, the three giants will compete for this limited market share. Fierce competition is inevitable.