January 21St Morning Market Report: Saturday, Some PET Filament Enterprises Offer Increased By 100 Yuan.
Varieties | January 18th price | Ups and downs | Company | |
crude oil | WTI | Fifty-three point eight | +1.73 | USD / barrel |
Brent | Sixty-two point seven | +1.52 | USD / barrel | |
raw material | PX | One thousand and seventy | +11 | US dollar / ton |
PTA | Six thousand three hundred and twenty-five | +20 | Yuan / ton | |
MEG | Four thousand nine hundred and ninety-five | -85 | 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 | Last Friday, US stocks rose, the US dollar rose, the offshore renminbi dropped 330 points, and the gold fell. Trump proposed to relax some immigration laws in exchange for the 5 billion 700 million dollar border wall payment and end the closure of the government. The Republican Senate leader will vote in a week. The speaker of the house of representatives said the Democrats did not accept it; Merkel warned the European Union: if necessary, compromise was needed, and Britain could not get rid of Europe. You have the responsibility. Merkel successor and the German business community wrote to Britain: it is time to give up the euro. | |||
Forecast today | Raw materials PTA rose to enhance the market atmosphere of polyester filament, cost support and the recent decline in enterprise inventories. On Saturday, some pet companies increased their offer by 100 yuan. However, in the middle of the month, the looms began to decline significantly, and polyester enterprises also entered the stage of centralized parking and production reduction. The supply and demand of the market were two, and it was difficult for them to continue to grow. | |||
Industry start up rate | ||||
industry | January 11th | January 18th | change | |
PTA | 77.22% | 77.22% | 0% | |
polyester | 81.77% | 81.59% | -0.18% | |
Jiangsu and Zhejiang looms | 63% | 55% | -8% |
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