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    February 20Th Morning Market Report: Polyester Filament With Enterprise Inventory Increase Or Fall Hard To Rise

    2019/2/20 11:40:00 44

    Polyester Filament Market

    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.

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