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    January 9Th Market Morning Post: Polyester Filament Price Upward Or Hindered Continuation Of Stalemate Situation

    2019/1/9 10:34:00 39

    QuotationPolyester Filament Price

    Varieties

    January 8th price

    Ups and downs

    Company

    crude oil

    WTI

    Forty-nine point seven eight

    +1.26

    USD / barrel

    Brent

    Fifty-eight point seven five

    +1.39

    USD / barrel

    raw material

    PX

    One thousand and four point six seven

    +10

    US dollar / ton

    PTA

    Six thousand one hundred and eighty

    +5

    Yuan / ton

    MEG

    Five thousand one hundred and fifty

    -75

    Yuan / ton

    Polyester filament

    POY15D/48F

    Eight thousand and one hundred

    Zero

    Yuan / ton

    FDY15D/96F

    Nine thousand and one hundred

    Zero

    Yuan / ton

    DTY15D/48F

    Ten thousand and one hundred

    Zero

    Yuan / ton

    Macro news

    The world bank lowered its global economic growth rate to 2.9% in 2019 and 3% in June.

    The European Union crude oil futures rose sixth consecutive trading days, thanks to OPEC's reduced output and stable stock market, and has risen more than 7% since last Monday.

    Forecast today

    Yesterday (January 8, 2019) closing two raw materials mixed each other, polyester cost side fluctuations are not great, polyester filament enterprises are expected to be cautious, and the recent production and marketing situation is not good, the price upward impeded, or continue stalemate.

    Industry start up rate

    industry

    January 7th

    January 8th

    change

    PTA

    74.88%

    74.88%

    0%

    polyester

    83.44%

    83.23%

    -0.11%

    Jiangsu and Zhejiang looms

    65%

    65%

    0%

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    January 9Th Market Morning Post: Polyester Staple Fiber Production And Sales Prices Continue Upward Resistance

    Europe and the United States continued to rise in crude oil futures, but PTA futures market performance is generally, and yesterday, polyester staple fiber market production and sales have come down, prices continue to rise.

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