January 31St Morning Market Report: A Strong Holiday Mentality, Polyester Chips Continue To Be Stable.
Varieties | One month Thirty Daily price | Ups and downs | Company | |
crude oil |
WTI |
Fifty-four point two three |
+0.92 | dollar / bucket |
Brent |
Sixty-one point six five |
+0.33 | dollar / bucket | |
raw material |
PX |
One thousand and seventy-three |
+13.33 | dollar / ton |
PTA |
Six thousand and five hundred |
+45 | element / ton | |
MEG |
Five thousand and thirty-five |
+30 | element / ton | |
PET chip | Semi optical section |
Seven thousand and nine hundred |
Zero | element / ton |
Bright section |
Seven thousand and nine hundred |
Zero | element / ton | |
Macro news | Fed announced that doves, U.S. stocks rose, the NASDAQ rose 2.2% Apple is approaching. 7% , AMD rise 20% The US dollar plunged and gold oil rose. | |||
Forecast today | Overnight crude oil rose slightly, pushing the cost of polyester to a slight rise, but near the Spring Festival, downstream slicing and traders have completed the closing stage, polyester chip manufacturers sporadic shipments, the new single paction is limited, a strong holiday mentality. It is expected that the polyester chip market will continue to be stable today. | |||
Industry start up rate | ||||
industry | One month Twenty-nine day | One month Thirty day | change | |
PTA |
84.18% |
84.18% |
0% | |
polyester |
76.08% |
76.08% |
0% | |
Jiangsu and Zhejiang looms |
29% |
23% |
-6% | |
Remarks: after data correction, the PTA capacity base is 49 million 290 thousand tons, and the polyester production base is 55 million tons.
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