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    October 16Th Market Morning Post: Polyester Chips Continue To Continue Weak Shocks

    2019/10/16 15:43:00 0

    Polyester Chip Trend

    One Today's concern

    (1) Polyester chip manufacturers late production cuts and other device changes

    2. Pay attention to the influence of raw material weakness on slice Market.

    3. Concern PTA Effect of device shutdown on polyester

    Two Basic data of polyester chips


      Three List of closing prices

    Varieties

    Previous price

    Current price

    Ups and downs

    Ups and downs

    Company

    crude oil

    WTI

    Fifty-three point five nine

    Fifty-two point eight one

    -0.78

    -1.46%

    USD / barrel

    Brent

    Fifty-nine point three five

    Fifty-eight point seven

    -0.65

    -1.10%

    USD / barrel

    raw material

    PX

    Eight hundred and four point eight three

    Eight hundred point three three

    -4.5

    -0.56%

    US dollar / ton

    PTA

    Five thousand one hundred and thirty

    Five thousand and eighty

    -50

    -0.97%

    Yuan / ton

    MEG

    Four thousand eight hundred and forty-five

    Four thousand seven hundred and seventy-five

    -70

    -1.44%

    Yuan / ton

    PET chip

    Half light

    Six thousand five hundred and fifty

    Six thousand five hundred and twenty-five

    -25

    -0.38%

    Yuan / ton

    Bright

    Six thousand six hundred and seventy-five

    Six thousand six hundred and fifty

    -25

    -0.37%

    Yuan / ton

    Four Suggestions for trading

    In recent days, the two materials continued downward, and polyester raw material surface support was insufficient. After that, the new production capacity of PX and PTA of the city was expected to start soon, and the market anxiety was strong. Polyester downstream winter orders have basically completed, the demand for raw materials has become increasingly light, it is expected that today's polyester chips continue to continue weak shocks.

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