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    January 25Th Market Morning Post: Polyester Staple New Single Paction Limited Price Or Stable

    2019/1/25 11:52:00 27

    Polyester Staple Price

    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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