January 15Th Market Morning Post: The Market Of Polyester Filament Is Short And Loose.
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 | |
Polyester filament | POY15D/48F | Eight thousand one hundred and fifty | Zero | Yuan / ton |
FDY15D/96F | Nine thousand and two hundred | Zero | Yuan / ton | |
DTY15D/48F | Ten thousand one hundred and fifty | Zero | Yuan / ton | |
Macro news | Saudi Oil Minister: Russia's production reduction is slower than expected, and it will not rule out cooperation with Trump in the future. China's imports in December fell 7.6% year-on-year, the biggest drop in July 2016. Last year, the total foreign trade volume was high, the trade surplus was the lowest in 2013, and the trade surplus with the United States went up to a new high. In the past year, the record of imports of natural gas, iron ore imports fell for the first time in eight years, and soybean imports fell for the first time in seven years. | |||
Forecast today | Crude oil fell overnight, dragging the market atmosphere of polyester, after the middle of the month, the polyester filament device was stopped and overhauled, and the supply was reduced. At present, the market of polyester market is short and empty, and today we talk about or maintain a stalemate. | |||
Industry start up rate | ||||
industry | January 11th | January 14th | change | |
PTA | 77.22% | 77.22% | 0% | |
polyester | 81.77% | Eighty-one point seven seven | 0% | |
Jiangsu and Zhejiang looms | 63% | 63% | 0% |
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