February 20Th Morning Market Report: Polyester Filament With Enterprise Inventory Increase Or Fall Hard To Rise
In short term, raw material PTA is expected to have a weaker shock, while ethylene glycol has a certain rebound after bottoming.
At present, the terminal weaving start up slowly, the demand for polyester filament is difficult to follow up, and the production and marketing pressure is increasing.
Varieties | Two Price 19 / month | Ups and downs | Company | |
crude oil | WTI | Fifty-six point zero nine | +0.5 | USD / barrel |
Brent | Sixty-six point four five | +0.05 | USD / barrel | |
raw material | PX | One thousand one hundred and nine point nine two | -3.5 | US dollar / ton |
PTA | Six thousand four hundred and forty-one | -35 | Yuan / ton | |
MEG | Four thousand nine hundred and fifteen | -40 | Yuan / ton | |
Polyester filament | POY15D/48F | Eight thousand and four hundred | Zero | Yuan / ton |
FDY15D/96F | Nine thousand and five hundred | Zero | Yuan / ton | |
DTY15D/48F | Ten thousand three hundred and fifty | Zero | Yuan / ton | |
Macro news | One U.S. stocks rose slightly after opening low, gold prices rose to a 10 month high, the dollar fell, bitcoin rose 4000 U.S. dollars, block chain stocks soaring. Two The Fed's three figure is satisfied with the current interest rate level, needs new prospects to raise interest rates, and when bank reserves fall to $1 trillion, it stops shrinking. Three Opinions of the CPC Central Committee and the State Council on "three rural issues": implementation of soybean revitalization plan and revitalization of dairy industry Four Liu He, vice premier of the State Council, was invited to hold the seventh round of Sino US economic and trade consultations in the United States. Five Sun Guofeng, director of the central bank's Monetary Policy Division, will soon conduct its first CBS operation. | |||
production and marketing | As of 16:10 yesterday, the average production and sales of Zhejiang area 36% | |||
Industry start up rate | ||||
industry | Two 18 June | Two 19 June | change | |
PTA | 86.91% | 86.91% | 0% | |
polyester | 83.47% | 83.62% | +0.15% | |
Direct spinning filament | 88.61% | 89.18% | +0.57% | |
Jiangsu and Zhejiang looms | 47% | 51% | +4% |
Remarks: the PTA utilization rate is calculated with effective capacity of 49 million 290 thousand tons, and the production capacity of polyester is adjusted to 55 million 350 thousand tons.
- Related reading
February 19Th Morning Market Report: Acrylonitrile Price High Ranking Wait-And-See Manufacturers Quotation Trend
|February 19Th Morning Market Report: Ethylene Glycol Will Continue The Weak Situation.
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