January 18Th Market Morning Post: Price Stabilization Of Polyester Chips
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 | -11 | US dollar / ton |
PTA | Six thousand three hundred and five | -15 | Yuan / ton | |
MEG | Five thousand and eighty | -95 | Yuan / ton | |
PET chip | Semi optical section | Seven thousand six hundred and fifty | Zero | Yuan / ton |
Bright section | Seven thousand and seven hundred | Zero | Yuan / ton | |
Macro news | U.S. stocks closed lower after opening up, the Dow index rose more than 200 points, oil prices fell more than 2%, but the closing decline narrowed sharply, the pound rose by 0.7%. | |||
Forecast today | Crude oil shock trend, cost side support temporarily stable, polyester chip manufacturers stable shipment, some manufacturers mainly contract goods. Expect. Polyester chip manufacturers recently limited efforts to upgrade, and take into account the downstream stock mentality, prudent operation. The price of polyester chips is expected to be stabilized today. | |||
Industry start up rate | ||||
industry | January 16th | January 17th | change | |
PTA | 77.22% | 77.22% | 0% | |
polyester | 81.63% | 81.63% | 0% | |
Jiangsu and Zhejiang looms | 63% | 63% | 0% |
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