January 14Th Market Morning Post: Cost Demand Double Bad, This Week PX Prices Narrowed Down Mainly
1. yesterday's market situation
On Friday, Asian PX prices rose 11.5 US dollars / ton to US $1069 / ton CFR Taiwan / China and 1049 US dollars / ton FOB Korea, the weekly gain of 98.33 US dollars / ton, and the increase of upstream crude oil and naphtha price.
Recently, the global oil storage pressure is too large, and the international oil price falls down.
Due to the cost pressure of downstream polyester enterprises, the spot price of PTA narrowed down, and the price was negotiated at 6250-6270 yuan / ton on Friday.
Upstream market
(1) 1/11 closed: after many days of continuous gains, traders made a profit and the global oil storage pressure was too large. In addition, the US dollar rose and international oil prices both fell.
WTI51.59 fell 1; Brent 60.48 fell 1.20 dollars / barrel.
China's SC main force rose 1903 to 1.40 yuan to 423.7 yuan / barrel.
(2) naphtha: in January 11th, the current price of naphtha in Japan was 503.25 US dollars / ton, which was 15.25 US dollars / ton higher than the previous paction price. The price of naphtha in Singapore area is 53.55 US dollars / barrel, which is 1.77 US dollars higher than the previous trading day.
2. short term forecast
It is expected that the cost demand will be double negative and the PX price will be narrowed down this week.
- Related reading
January 14Th Market Morning Post: This Week'S Maintenance Situation Increased Polyester Chip Price Or Slightly Higher.
|
"New Interest Rate Increase" Will Boost The Financing Cost Of The Real Economy.
|
- Fashion blog | China'S Children'S Clothing Industry Upgrading Needs To Avoid Homogenization Competition.
- Expo News | The Dalian Clothing Fair Staged The Theme Of "Approaching Japan"
- Expo News | Dalian Expo Italy "Impression Markey" Pavilion Unveiled
- Celebrity endorsement | Chanel Rebecca OMEGA Armani Luxury Brand Celebrity Endorsement Story
- Dress culture | Walk Into England And Enter The Fashion Of England
- Market topics | Cotton Spinning Industry: Difficulties Can Not Be Avoided And Space Exists.
- Dress culture | Dress Culture Spanning 70 Years
- Market topics | China'S Textile Production Grew Rapidly In July 2012, But The Domestic Market Price Dropped.
- Market topics | 300多閩企抱團謀發展 集體“觸電”
- Equipment matching | Expand Sales Volume And Expand Sewing Machine Market
- January 14Th Market Morning Post: This Week'S Maintenance Situation Increased Polyester Chip Price Or Slightly Higher.
- January 14Th Market Morning Post: Caprolactam Spot Supply Increase Or Steady And Weak Finishing
- "Weaving Rendezvous" Was Awarded The "Top Ten Excellent Exhibition In 2018" In China.
- January 14Th Market Morning Post: Short-Term PTA Prices Were Affected By Polyester Production Reduction Slightly Down.
- UNIQLO Parent Company'S Revenue Reached 39 Billion 400 Million In The First Quarter, And Net Profit Of Nearly 4 Billion 500 Million Was Achieved By "Cost-Effective".
- Work Clothes OEM / Work Clothes Custom-Made Factory
- Inventory "Hidden Evil" Fast Fashion Giant Burned 60 Tons Of Clothing
- 2019 The Latest Trend Of Popular Trend Prediction Keywords: Retro, Logo, Street Breeze
- The 20 Most Promising New Intelligent Textile Materials In 2019
- Myagric: Spinning Enterprises Are Weighed Forward And Feasible In March.