January 9Th Market Morning Post: Polyester Staple Fiber Production And Sales Prices Continue Upward Resistance
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 | |
Psf | Jiangsu and Zhejiang market | 8500-8700 | Zero | Yuan / ton |
Fujian Market | 8650-8700 | Zero | Yuan / ton | |
Shandong and Hebei markets | 8700-8850 | Zero | Yuan / ton | |
downstream | T32S | 13200-13300 | Zero | Yuan / ton |
T40S/2 | 17800-17900 | Zero | Yuan / ton | |
Macro news | The world bank lowered its global economic growth rate to 2.9% in 2019 and 3% in June. | |||
Forecast today | Crude oil futures in Europe and the United States continue to rise, but PTA futures market performance is generally, and yesterday, the production and sale of polyester staple fiber has come down, and prices continue to go up against resistance, but taking into account the low inventory, short price or partial stabilization. | |||
Industry start up rate | ||||
industry | January 7th | January 8th | change | |
PTA | 74.88% | 74.88% | 0% | |
polyester | 83.34% | 83.23% | -0.11% | |
Psf | 83.75% | 83.75% | 0% | |
Jiangsu and Zhejiang looms | 65% | 65% | 0% |
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