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