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    January 21St Morning Market Report: Saturday, Some PET Filament Enterprises Offer Increased By 100 Yuan.

    2019/1/21 11:26:00 13

    Polyester Filament Business Offer

    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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