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    January 15Th Morning Post Market Morning: The Price Of Polyester Staple Fiber Has No Risk Of Decline After The Lower Season.

    2019/1/15 10:45:00 26

    Polyester Staple Price

    Varieties

    January 14th price

    Ups and downs

    Company

    crude oil

    WTI

    Fifty point five one

    -1.08

    USD / barrel

    Brent

    Fifty-eight point nine nine

    -1.49

    USD / barrel

    raw material

    PX

    One thousand and seventy-one

    +2

    US dollar / ton

    PTA

    Six thousand two hundred and sixty-five

    -5

    Yuan / ton

    MEG

    Five thousand one hundred and forty

    +20

    Yuan / ton

    Psf

    Jiangsu and Zhejiang market

    Eight thousand six hundred and fifty

    Zero

    Yuan / ton

    Fujian Market

    Eight thousand and seven hundred

    Zero

    Yuan / ton

    Shandong and Hebei markets

    Eight thousand eight hundred and twenty-five

    Zero

    Yuan / ton

    downstream

    T32S

    13200-13300

    Zero

    Yuan / ton

    T40S/2

    17800-17900

    Zero

    Yuan / ton

    Macro news

    According to the data released by the General Administration of Customs of China, China's imports in December were up to -7.6% compared with the US dollar, which was expected to be 4.5%, the former value was 3%, and the export was -4.4% compared with that of the previous year, with a forecast value of 2% and a pre value of 5.4%.

    Forecast today

    Overnight crude oil futures down again dragged down the market atmosphere, but polyester staple fiber factory stock is generally low, and near the end of the year, some enterprises have cut down production plan, supply side has no pressure, there is still some rigid stocking demand before the lower reaches of the festival, short staple price has no risk of slipped.

    Industry start up rate

    industry

    January 11th

    January 14th

    change

    PTA

    77.22%

    77.22%

    0%

    polyester

    81.77%

    81.77%

    0%

    Psf

    80.49%

    80.49%

    0%

    Jiangsu and Zhejiang looms

    63%

    63%

    0%

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    Yesterday (January 14, 2019) PTA futures market high volatility, spot prices big stability small move yesterday, the market negotiated price in 6260-6

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