January 25Th Market Morning Post: Pure Polyester Yarn, Cotton Yarn Gradually Withdraw From The Market

2019/1/25 11:51:00 11

Varieties		January 24th price	Ups and downs	Company
crude oil	WTI	Fifty-three point one three	+0.51	USD / barrel
crude oil	Brent	Sixty-one point zero nine	-0.05	USD / barrel
raw material	Psf	Eight thousand eight hundred and fifty	Zero	US dollar / ton
	Viscose staple fiber	Thirteen thousand and three hundred	Zero	Yuan / ton
	3128B lint	Fifteen thousand four hundred and eighty-eight	+9	Yuan / ton
yarn	Ring T32S	13300-13500	Zero	Yuan / ton
	Ring R40S	19700-20400	Zero	Yuan / ton
	T/C 65/35 32S	17800-18500	Zero	Yuan / ton
Macro news	The European Central Bank has refused to move on, reiterated its interest rate unchanged at least until the summer of 2019; Draghi, as scheduled, "pigeons", calling the risk of the economic outlook relatively low, and still needs large-scale stimulus to maintain inflation, and the euro plummeted. Trump's chief economic adviser predicted that the US non farm data in January would be amazing and the US dollar jumped. In January, the PMI value of manufacturing in the euro area reached a new low of four years. The initial value of PMI in German manufacturing industry fell for the first time in four years.
Forecast today	Pure polyester yarn: along with the gradual delisting of workers, the production of polyester yarn has been gradually reduced, and yarn enterprises have limited intention to sell new products. Some of the discussions also focus on full payment, and the price can not be obviously concession.
Forecast today	Human cotton yarn: traders of weaving and yarn have been gradually closed down, and the new single paction of the cotton yarn market has continued to slow down, and the yarn business has also concluded the repayment. The price adjustment is of limited significance.
Industry start up rate
industry	January 23rd	January 24th	Percentage change
Psf	78.7%	78.6%	-0.1%
Viscose staple fiber	84%	80%	-4%
loom	50%	50%	0%