From the spot market, domestic trade prices are mixed, and the spot basis is strong. At present, the spot price is 250 yuan/ton near 05 liters of water and 240 yuan/ton near 05 liters of water. Negotiate 5510-5,520 yuan/ton and several orders 5485-55 10 yuan/ton.
According to the inventory data, the superior inventory of major ports in East China continued to decline as scheduled, and the port inventory was about 628,000 tons, a decrease of 6.5438+0.4 million tons compared with the previous period. From the domestic supply point of view, the existing device has not changed much, the load of the device has basically reached a high level, and the room for further improvement is limited. The market pays close attention to the news that new equipment is put into production. It is said that the new devices of Satellite Petrochemical and Zhejiang Petrochemical are planned to be put into production in April and May, and there may be a trial run in the near future. From the downstream, the loom operating rate in Jiangsu and Zhejiang provinces increased to 83. 17%, and the polyester operating rate increased to 9 1.09%. Although the recent high inventory of terminal polyester raw materials led to the backlog of polyester factory inventory, with the digestion of raw material inventory, it is expected that the terminal will enter the market again at the end of March or early April, driving polyester storage.
To sum up, in March, due to the low import volume, it needs to be recovered quickly, and the port manifest inventory still has room for decline. However, in April and May, due to the pressure of new production capacity, it is expected that the recent recovery space of contract 05 is limited, and the operating range is 5 150-5560. The contract maintains the idea of empty allocation, and rebounds to intervene in the medium and long-term empty orders. 5/9 anti-set strategy to take profit and leave.