January 21St Market Morning Post: Weekend PET Staple Price Increase Of 50 Yuan, But Rising Or Difficult To Continue.
| Varieties | January 18th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-three point eight zero | +1.73 | USD / barrel |
| Brent | Sixty-two point seven zero | +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 | |
| 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 State Administration of Taxation issued a notice on January 1st, which came into effect on January 1st, explicitly exempt from the value-added tax of small-scale taxpayers under 100 thousand of the monthly sales tax. The small scale taxpayers of value-added tax can reduce the resource tax within the 50% tax range. | |||
| Forecast today | Boosted by the rise in oil and PTA futures, the weekend's PET staple business quotes increased by more than 50 yuan, but many downstream stocks have been stocked, and the market has gradually entered the finishing stage near the end of the year. This rising market is difficult to sustain. This week, the market or tendency to stabilize the trend. | |||
| Industry start up rate | ||||
| industry | January 11th | January 18th | change | |
| PTA | 77.22% | 77.22% | 0% | |
| polyester | 81.77% | 81.59% | -0.18% | |
| Psf | 80.49% | 80.49% | 0% | |
| Jiangsu and Zhejiang looms | 63% | 55% | -8% | |
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