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    February 14Th Morning Market Report: Polyester Staple Fiber Market Returns Slow Recovery

    2019/2/14 9:59:00 55

    MarketPolyester Staple Fiber

    Overnight oil prices have risen, but PTA has seen a big decline in its own backlog, the polyester market has been dragged down, and downstream businesses have not yet fully recovered, and the market for polyester staple fiber has been slow to recover, and there is a certain market expectation.

    However, the short-term inventory of enterprises is relatively low, and a small number of enterprises are still in the parking. Therefore, prices are expected to remain stable.

    Varieties

    Two

    month

    Thirteen

    Daily price

    Ups and downs

    Company

    crude oil

    WTI

    Fifty-three point nine zero

    +0.80

    dollar

    /

    bucket

    Brent

    Sixty-three point six one

    +1.19

    dollar

    /

    bucket

    raw material

    PX

    One thousand and ninety-three point six seven

    -15.33

    dollar

    /

    ton

    PTA

    Six thousand five hundred and seventy-five

    -125

    element

    /

    ton

    MEG

    Five thousand and fifty-five

    -50

    element

    /

    ton

    Psf

    Jiangsu and Zhejiang market

    Eight thousand eight hundred and fifty

    Zero

    element

    /

    ton

    Fujian Market

    Nine thousand

    Zero

    element

    /

    ton

    Shandong and Hebei markets

    Nine thousand

    Zero

    element

    /

    ton

    downstream

    T32S

    Thirteen thousand and four hundred

    Zero

    element

    /

    ton

    T40S/2

    Seventeen thousand nine hundred and fifty

    Zero

    element

    /

    ton

    Focus News

    One

    US stocks rose again, the US dollar rose and oil prices rose.

    2%

    Funny headlines

    10%

    Two

    The United States

    One

    month

    CPI

    Year-on-year growth

    1.6%

    Speed up

    Nineteen

    New month low; but core.

    CPI

    Year-on-year growth

    2.2%

    Three

    A senior Federal Reserve official said that the next few meetings will determine the end of the scale reduction plan; several senior officials said that the interest rate should be increased at least once this year.

    Four

    British inflation has fallen below the central bank's target for the first time in two years.

    2%

    Five

    The Central Bank of China once again issued a central bank vote in Hongkong.

    prediction

    One

    China may be released within the next day

    One

    Monthly finance, credit and money volume data

    Two

    China will be announced in the morning.

    One

    Monthly trade account, import and export data

    Three

    The United States will be announced in the evening.

    Twelve

    Monthly retail sales,

    One

    month

    PPI

    Industry start up rate

    industry

    Two

    month

    Twelve

    day

    Two

    month

    Thirteen

    day

    change

    PTA

    82.86%

    84.18%

    +1.32%

    polyester

    79.69%

    80.42%

    +0.73%

    Psf

    70.76%

    70.76%

    0%

    Jiangsu and Zhejiang looms

    36%

    38%

    +2%

    Remarks: the PTA utilization rate is calculated with effective capacity of 49 million 290 thousand tons, the base capacity of polyester production is 55 million 250 thousand tons, and the productivity of polyester staple is 7 million 371 thousand tons.

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