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    January 18Th Morning Market Report: Polyester Staple Fiber Price Fluctuation Space Is Limited Before Or Maintain Stable Trend

    2019/1/18 10:07:00 26

    Market PricesPET Staple Prices

    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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    January 18Th Market Morning Post: In The Short Term, PTA Prices Fell.

    Yesterday (January 17, 2019), the PTA futures market was sorted and sorted out, and spot prices dropped slightly, and the price was negotiated at 6290-6310 yuan.

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