February 15Th Quotes: Polyester Staple Price Or Temporary Stability
Recently, the trend of polyester feedstock end deviated from the trend of crude oil. PTA was running weak under its own storehouse pressure. In addition, in March, Hengli Dalian PX was put into operation, the raw material side was not well supported, and the purchasing enthusiasm of downstream was also weak. But considering the short staple fiber enterprise stock is not much, the price of polyester staple fiber is expected to be stabilized temporarily.
Varieties | Two month Fourteen Daily price | Ups and downs | Company | |
crude oil |
WTI |
Fifty-four point four one |
+0.51 | dollar / bucket |
Brent |
Sixty-four point five seven |
+0.96 | dollar / bucket | |
raw material |
PX |
One thousand one hundred and one point eight three |
+8.16 | dollar / ton |
PTA |
Six thousand four hundred and sixty |
-115 | element / ton | |
MEG |
Five thousand and twenty-five |
-30 | 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 seven hundred |
Zero | element / ton |
T40S/2 |
Eighteen thousand |
Zero | element / ton | |
Focus News |
One The chairman of the Federal Reserve: the downside risk is significantly improved, and the scale should end before the end of this year.
Two The retail data is gloomy. Trump will declare a state of emergency. The S & P and Dow are down.
Three The United States Twelve Retail sales in the month fell far short of expectations, the biggest decline in more than nine years.
Four Euro zone Gross domestic product Growth rate continued to hit a four year low, and Germany managed to shake off the recession.
Five China One Monthly exports rebounded sharply, imports grew faster, and soybean imports increased. 30% A record of natural gas imports and a narrowing of China's trade surplus with the US. | |||
prediction |
One China will be released from time to time. One Monthly finance, credit and money volume data
Two China will be announced in the morning. One month CPI , PPI
Three The United States will be announced in the evening. One Monthly industrial output, Two University of Michigan initial consumer confidence index | |||
Industry start up rate | ||||
industry |
Two month Thirteen day |
Two month Fourteen day | change | |
PTA |
84.18% |
86.91% |
+2.73% | |
polyester |
80.42% |
82.41% |
+1.99% | |
Psf |
70.76% |
73.48% |
+2.72% | |
Jiangsu and Zhejiang looms |
38% |
43% |
+5% | |
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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