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    January 15Th Market Morning Post: The Market Of Polyester Filament Is Short And Loose.

    2019/1/16 0:29:00 12

    MarketPolyester Filament Market

    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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    Read the next article

    January 15Th Market Morning Post: Polyester Market Demand Slowdown PX Prices Or High Stability

    Yesterday (January 14, 2019) Asian PX prices rose 2 US dollars / ton to 1071 U.S. dollars / ton CFR Taiwan / China and 1051 U.S.

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