Night Plate Polyester Raw Materials Weakened Local Orders Though Improved

The narrow range of crude oil has been affected by the macro-economy, and the market is still worried about the global economy. Night plate polyester raw material weakness, demand side, polyester manufacturers inventory is relatively low, the operating rate has picked up, there is a certain support for the raw material end. In particular, the recent port inventory of ethylene glycol has continued to decrease, and the short-term fundamentals have improved. With the coming of the traditional peak season, there are some signs of partial improvement in the downstream orders. Yesterday, production and marketing were close to the level. It is expected that the price of silk will remain stable in the near future. Focus on macroeconomic situation, PTA trend and terminal orders.

10:25 [slice quote] Sheng Hong slice Quotation stability 。 Half bright report 6860, big extinction 6960.

10:25 [slice quote] Rongsheng section Quotation stability 。 Half a report of 7100100 tons or more was reported at 7000. There were more than 7150100 tonnes reported for 7050.

10:20 [DTY quote] Another factory in Taicang DTY The quotation is raised by 50 yuan. 。 Half light DTY150D/144F reported 9410, full dull 75D/72F reported 10760.

10:20 [POY quote] Another factory in Taicang POY Quotation stability 。 Half light 75D/72F reports 8310, 75D/144F reports 8210, flat 8260; full extinction 75D/72F reports 8710.

09:45 [DTY quote] A big factory in Xiaoshan offer Part raised 50 yuan. 。 Half light 75/72 light network 10600, 75/144 light network 10550100/144 light network 10100300/96 low elastic 8650.

09:40 [PTA offer] Hengli petrochemical PTA external selling price To maintain US $700 / ton.

09:40 [FDY quote] A mainstream factory in Xiaoshan Quotation stability 。 Half light FDY150D/96F report 8000; gloss FDY75D/36F triangulation 9500.

09:40 [POY quote] A mainstream factory in Tongxiang Quotation stability 。 Semi gloss POY75D/72F reported 7950 8350150D/144F.

09:40 [POY quote] Another POY factory in Tongxiang Quotation stability 。 Half light POY75D/72F newspaper 8500150D/288F 8200, flat 8300.

09:35 [DTY quote] A mainstream factory in Shengze Part raised 50 yuan. 。 Half light POY150D/288F report 7950; half light DTY75D/72F report 10800150D/288F 9900; half light FDY50D/24F 9150.

09:31 [TA2001 early offer] PTA2001 opened at 5242 this morning, the current offer is 5158, compared with the settlement price of the previous trading day. Down 76 yuan (-1.45%).

08:30 [offshore renminbi] Offshore renminbi (CNH) against the US dollar Beijing time 08:34 reported 7.0605 yuan, intraday trading in the 7.0537-7.0715 yuan range.

07:55 [melt cost] In August 20th, the average price of PTA days was 5260 yuan / ton, the average daily price of MEG was 4518 yuan / ton, and the melt cost was 6011 yuan / ton, compared with yesterday. Down 12 yuan / ton.

07:30 [electronic disk quote] Huaxi Village commodity exchange ethylene glycol 1910 night fell 40 yuan (-0.88%), closed at 4492 yuan / ton.

07:00 [futures market] Cotton fell 95 yuan (-0.74%) for 2001 nights, closing at 12770 yuan / ton.

07:00 [futures market] PTA futures fell 68 yuan (-1.30%) for 2001 nights, closing at 5166 yuan / ton.

07:00 [crude oil closed] Us WTI crude futures rose 0.13 US dollars (+0.23%) in September, at 56.34 US dollars / barrel. Brent crude futures rose 0.29 U.S. dollars in October (+0.49%), at 60.03 U.S. dollars / barrel.

07:00 [important news review]

Li Keqiang, premier of the State Council, inspecting Heilongjiang, stressed that greater efforts should be made to promote reform and opening up and promote the comprehensive revitalization of Northeast China.

Lin Zhengyuee, chief executive of the Hongkong Special Administrative Region, said that the Hongkong government will respond positively to the downside risks of the current Hongkong economy, further enhance its competitiveness, and implement effective measures to provide assistance and support to SMEs and the general public.

Liu Guojiang, deputy governor of the central bank, responded to "whether China is going to cut rates or cut interest rates". In the short term, we should focus on Reform (improve the lending market pricing rate (LPR) mechanism). After the reform, we can see that there is room for reducing interest rates and reducing interest rates.

Zhou Liang, vice chairman of the CIRC, the financial management department should take effective measures to prevent the individual banks from setting up the implicit lower limit of the loan interest rate. We must seriously investigate and punish those behaviors that impede reform and disrupt the market order, maintain the health of the financial market and maintain a good environment for financial ecology.

The three major U.S. stock indexes collectively fell, and the Dow fell more than 170 points. At the close, the Dow fell 0.66% to 25962.44 points, the S & P 500 index fell 0.79% to 2900.51 points, and the NASDAQ dropped 0.68% to 7948.56 points.

According to sources, Saudi Amy has formally solicited proposals for its IPO to major banks. Unless the market conditions deteriorate or major geopolitical events occur, further delays will be made. Saudi Amy IPO may raise $100 billion and is expected to become the largest IPO in the world.

President Trump: I hope to see the Fed cut interest rates sharply because it happened long ago.