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    February 1St Market Morning Post: Pure Polyester Yarn Price After The Festival Confidence

    2019/2/1 10:37:00 222

    Pure Polyester Yarn

    Source: lung Chung

    Varieties

    One

    Price 31 / month

    Ups and downs

    Company

    crude oil

    WTI

    Fifty-three point seven nine

    -0.44

    USD / barrel

    Brent

    Sixty-one point eight nine

    Zero point two four

    USD / barrel

    raw material

    Viscose staple fiber

    Thirteen thousand and three hundred

    Zero

    Yuan / ton

    3128B

    lint

    Fifteen thousand four hundred and ninety-eight

    Zero

    Yuan / ton

    Psf

    Eight thousand eight hundred and fifty

    Zero

    Yuan / ton

    yarn

    Ring R40S

    19700-20400

    Zero

    Yuan / ton

    Ring T32S

    13300-13500

    Zero

    Yuan / ton

    T/C 65/35 32S

    17800-18500

    Zero

    Yuan / ton

    Macro news

    The US stock market hit the best in 1987. In January, the index rose nearly 1.4% on a single day. The stock price rose collectively, Facebook rose more than 10%, General Electric increased 11%, and the offshore renminbi reached a new high in July last year.

    Amazon's year-end shopping season hit a record, but its profit growth engine slowed down, performance guidelines grew at a low level, and its share price fell more than 5% after a concussion.

    In November last year, China reduced its US debt for six consecutive months, and Japan increased its holdings for the first time in four months.

    The GDP growth rate in the euro area has reached a four year low and Italy is in a technical recession.

    Forecast today

    Futures commodities will maintain a good trend before the Spring Festival.

    PTA

    The rise is particularly obvious, leading to the increase in the number of Dacron staple enterprises. Although there is a lack of demand support, it can moderate the market mentality.

    Rayon yarn holders are holding certain viscose staple stocks for later production, and continue to focus on the progress of China and the United States.

    Industry start up rate

    industry

    One

    30 June

    One

    31 June

    Percentage change

    Viscose staple fiber

    81%

    81%

    0.5%

    Psf

    77.6%

    76.3%

    -1.3%

    loom

    23%

    18%

    -5%

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    Read the next article

    February 1St Market Morning Post: Cautious Attitude Towards Viscose Staple After Market

    Viscose staple fiber industry losses did not cause a sharp decline in the industry's start-up, so most of the industry is still cautious about the post holiday market.

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