January 17Th Market Morning Post: Polyester Staple Continues To Maintain Stability Trend
| Varieties | January 16th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point three one | +0.20 | USD / barrel |
| Brent | Sixty-one point three two | +0.68 | USD / barrel | |
| raw material | PX | One thousand and seventy | -4 | US dollar / ton |
| PTA | Six thousand three hundred and twenty | +20 | Yuan / ton | |
| MEG | Five thousand one hundred and seventy-five | +10 | Yuan / ton | |
| Psf | Jiangsu and Zhejiang market | Eight thousand six hundred and seventy-five | 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 | Russian officials said they expected to achieve the goal of OPEC+ reduction by April, and international oil prices jumped, after oil prices fell due to a record high oil output in the US. | |||
| Forecast today | European and American crude oil boosted market confidence, double raw material shock rose slightly, polyester cost stabilized temporarily, but near the end of the year, the downstream cotton mill has a strong mentality of parking and holiday, and the polyester staple fiber manufacturers offer multi-dimensional and stable operation, taking into account the demand side acceptance. | |||
| Industry start up rate | ||||
| industry | January 15th | January 16th | change | |
| PTA | 72.93% | 72.93% | 0% | |
| polyester | 81.64% | 81.64% | 0% | |
| Psf | 80.49% | 80.49% | 0% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
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