January 16Th Market Morning Post: Polyester Filament Or Continuation Of The Stalemate Pattern Stable Offer
| Varieties | January 15th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point one one | +1.6 | USD / barrel |
| Brent | Sixty point six four | +1.65 | USD / barrel | |
| raw material | PX | One thousand and seventy-four point four two | +3.42 | US dollar / ton |
| PTA | Six thousand and three hundred | +35 | Yuan / ton | |
| MEG | Five thousand one hundred and sixty-five | +25 | 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 | The US PPI fell 0.2% in December, less than expected, the largest decline in more than two years. Technology stocks led the US stock market, the S & P and the NASDAQ rose by over 1%, and the US oil rose by over 3%. After the pound fell, all the losses were recovered. China's new RMB loans in December, the financial sector and the financial sector both exceeded expectations, and the growth rate of the social and financial stocks continued to rise. | |||
| Forecast today | Yesterday (January 15, 2019) close polyester raw materials are rising, the cost of polymerization increases, but the current polyester filament market production and marketing fall, the downstream weaving enterprises just need to buy, resulting in the slow process of polyester enterprises to inventory, the future market is cautious. If there are no other news guidelines today, polyester will continue to be in a stalemate. The offer will be stable and the negotiations will be loose. | |||
| Industry start up rate | ||||
| industry | January 14th | January 15th | change | |
| PTA | 77.22% | 72.93% | -4.29% | |
| polyester | 81.77% | 81.64% | -0.13% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
- Related reading
January 16Th Market Morning Paper: Polyester Staple Prices Are Expected To Be Stable.
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January 16Th Market Morning Post: PX Late Supply Has A Downward Trend, Prices Continue To Narrow Or Pull Up.
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