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    January 15Th Market Morning Post: Market Bearish Mentality More Polyester Chip Price Or Narrow Finishing

    2019/1/15 10:45:00 27

    Polyester Chip 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

    PET chip

    Semi optical section

    Seven thousand six hundred and fifty

    Zero

    Yuan / ton

    Bright section

    Seven thousand and seven hundred

    Zero

    Yuan / ton

    Macro news

    US stocks fell, oil prices fell by about 2%, and us natural gas futures surged 15%.

    Forecast today

    Crude oil continues to explore, the cost of polyester noodles continue to support the lack of strength, the recent polyester chip manufacturers low inventory, and many manufacturers have already entered the production or parking expectations.

    At present, there is still a certain need for stock in the lower reaches, but the market is too empty and the demand is limited. The price of polyester chips is expected to be narrowed.

    Industry start up rate

    industry

    January 11th

    January 14th

    change

    PTA

    77.22%

    77.22%

    0%

    polyester

    81.77%

    81.77%

    0%

    Jiangsu and Zhejiang looms

    63%

    63%

    0%

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    January 15Th Market Morning Post: Domestic Prices Of All Kinds Of Light Textile Raw Materials

    In January 14th, PTA spot price adjustment; MEG price rise; polyester chip semi gloss, glossy price consolidation, CDP slice price adjustment, water bottle.

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