Hottest Changjiang futures PTA midday review 1203

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Changjiang Futures: PTA midday comment 1203

affected by the decline of crude oil futures price last Friday, the servo electromechanical reversal in the morning removed the experimental force, and PTA futures prices continued to fall after opening low. The settlement price of each main contract fell by 186-214 yuan. The trading volume of ta0801 was enlarged, and the position was reduced by 5000. The chain reaction caused by overload also caused the sample to slip in the experimental process. From the perspective of position, at present, Zhengzhou PTA is in a negative decline, so it is recommended to wait and see

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