January 25Th Market Morning Post: Polyester Chip Market Trend Stability
| 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 | |
| PET chip | Semi optical section | Seven thousand and nine hundred | +50 | Yuan / ton |
| Bright section | Seven thousand and nine hundred | +50 | 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. | |||
| Forecast today | PTA night market rose slightly, polyester cost end still has certain support to the market, but recently downstream sliced spinning and traders entered the finishing stage, polyester chip manufacturers mostly contract goods, and the stock is low. The trading atmosphere in the field is a bit light. It is expected that today's polyester chip market will not fluctuate too much or maintain stability. | |||
| Industry start up rate | ||||
| industry | January 23rd | January 24th | change | |
| PTA | 80.62% | 80.62% | 0% | |
| polyester | 79.39% | 78.37% | -1.02% | |
| Jiangsu and Zhejiang looms | 50% | 50% | 0% | |
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