January 18Th Morning Market Report: Polyester Staple Fiber Price Fluctuation Space Is Limited Before Or Maintain Stable Trend
Varieties | January 17th price | Ups and downs | Company | |
crude oil | WTI | Fifty-two point zero seven | -0.24 | USD / barrel |
Brent | Sixty-one point one eight | -0.14 | USD / barrel | |
raw material | PX | One thousand and fifty-nine | -10.67 | US dollar / ton |
PTA | Six thousand three hundred and five | -15 | Yuan / ton | |
MEG | Five thousand and eighty | -95 | 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 | The Central Bank of China released a net investment of 380 billion yuan in the open market. This week accumulated a total of over $1 trillion. The Ministry of Commerce first announced the Sino US trade figures for 2018: last year, the volume of trade between China and the United States exceeded US $630 billion, and two-way investment between the two countries exceeded US $240 billion. The State Administration of Taxation: in 2018, the tax revenue grew by 9.5%, and the tax task and tax reduction target were successfully completed. | |||
Forecast today | Polyester staple fiber enterprises currently have no stock at all, but due to the high cash flow and the gradual closure of the downstream stage, the intensity of replenishment before the festival is limited, and the fluctuation of polyester staple fiber prices is limited. | |||
Industry start up rate | ||||
industry | January 16th | January 17th | change | |
PTA | 77.22% | 77.22% | 0% | |
polyester | 81.64% | 81.64% | 0% | |
Psf | 80.49% | 80.49% | 0% | |
Jiangsu and Zhejiang looms | 63% | 55% | -8% |
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