January 25Th Market Morning Post: Polyester Staple New Single Paction Limited Price Or Stable
Varieties | January 24th price | Ups and downs | Company | |
crude oil | WTI | Fifty-three point one three | +0.51 | USD / barrel |
Brent | Sixty-one point zero nine | -0.05 | USD / barrel | |
raw material | PX | One thousand and sixty-three point five | -11.5 | US dollar / ton |
PTA | Six thousand four hundred and sixty | -10 | Yuan / ton | |
MEG | Five thousand and forty | -20 | Yuan / ton | |
Psf | Jiangsu and Zhejiang market | Eight thousand eight hundred and twenty-five | -25 | Yuan / ton |
Fujian Market | Eight thousand nine hundred and fifty | Zero | Yuan / ton | |
Shandong and Hebei markets | Eight thousand nine hundred and sixty-five | Zero | Yuan / ton | |
downstream | T32S | Thirteen thousand and four hundred | Zero | Yuan / ton |
T40S/2 | Seventeen thousand nine hundred and fifty | Zero | Yuan / ton | |
Macro news | The US Senate has rejected two bills of expediency spending, and the US government has been closed. US stocks are mixed. S & P rose 0.13%, the Dow edged down, and the NASDAQ rose 0.68%. | |||
Forecast today | Entering the closing market, PTA futures market rose hardly to stimulate the polyester market. The stocking before the lower season is coming to an end. The polyester staple factory has been giving priority to the previous orders, and the new single paction is very limited, and the price is not adjusted. | |||
Industry start up rate | ||||
industry | January 23rd | January 24th | change | |
PTA | 80.62% | 80.62% | 0% | |
polyester | 79.39% | 78.37% | -1.02% | |
Psf | 78.70% | 77.61% | -1.09% | |
Jiangsu and Zhejiang looms | 50% | 50% | 0% |
Remarks: after data correction, the PTA effective capacity base is 49 million 290 thousand tons, the polyester production base is 55 million tons, and the polyester short fiber productivity base is 7 million 371 thousand tons.
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