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    January 10Th Market Morning Post: Polyester Filament Individual Factory Offer To Explore

    2019/1/10 11:02:00 41

    Polyester Filament Quotation

    Varieties

    January 9th price

    Ups and downs

    Company

    crude oil

    WTI

    Fifty-two point three six

    +2.58

    USD / barrel

    Brent

    Sixty-one point four four

    +2.72

    USD / barrel

    raw material

    PX

    One thousand and forty-one point one seven

    +36.5

    US dollar / ton

    PTA

    Six thousand two hundred and eighty

    +100

    Yuan / ton

    MEG

    Five thousand one hundred and eighty-five

    +35

    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

    Fed dodge minutes to boost the market, however, the United States government closed down the haze continued, Trump said negotiations with the Democratic Party to end the closure of the government is a waste of time, the U.S. stock market rose narrowed.

    S & P rose 0.4%, the Dow rose four times, and the NASDAQ rose 0.87%.

    Tesla rose nearly 1%, Amazon rose 0.2%, Apple Rose 1.7%.

    US oil rose 5% and entered the bull market.

    The US dollar fell sharply and the offshore renminbi broke 6.81.

    Forecast today

    Overnight crude oil continued to explore, polyester raw materials closed yesterday closed up, to enhance the mentality of polyester filament manufacturers, polymerization costs increased, polyester enterprises profit compression, there is a certain increase with expectations.

    However, considering the low start-up rate of the terminal manufacturing industry and the gradual shrinking of demand, fear of high price triggers downstream resistance and is therefore prudent in price adjustment.

    It is expected that today's individual factory quotations will rise and whether the market can follow up.

    Industry start up rate

    industry

    January 8th

    January 9th

    change

    PTA

    74.88%

    74.88%

    0%

    polyester

    83.23%

    Eighty-three point two three

    0%

    Jiangsu and Zhejiang looms

    65%

    65%

    0%

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