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January 25Th Morning Market Report: Polyester Filament Market Is Deserted.
| Varieties | January 24th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-three point one three | +0.53 | 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 | |
| Polyester filament | POY15D/48F | Eight thousand four hundred and fifty | Zero | Yuan / ton |
| FDY15D/96F | Nine thousand five hundred and fifty | Zero | Yuan / ton | |
| DTY15D/48F | Ten thousand three hundred and fifty | Zero | Yuan / ton | |
| Macro news | The European central bank refused to take action, reiterated its interest rate unchanged at least until the summer of 2019; draci's "Pigeon" as scheduled, saying that the economic outlook risk was downside, and still needed massive stimulus to maintain inflation and the euro plummeted. Trump's chief economic adviser predicted that the US non farm data in January would be stunning, and the US dollar jumped. | |||
| Forecast today | Small and medium-sized weaving enterprises have mostly stopped to leave, large weaving orders are the main ones, purchasing intention is not strong, and the polyester filament market is deserted. Polyester plant equipment is also gradually entering the maintenance period. The market supply and demand is two, or the pattern of stalemate is maintained. The space for negotiation is limited. | |||
| 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% | |
Note: after the revision of the data, the effective capacity base of PTA is 49 million 290 thousand tons, and the polyester capacity base is 55 million tons.
- Related reading
January 25Th Morning Market Report: Polyester Production And Marketing Is Very Cold, And Ethylene Glycol Is Weak.
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2019/1/25 11:52:00
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