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January 9Th Market Morning Post: Polyester Filament Price Upward Or Hindered Continuation Of Stalemate Situation

2019/1/9 10:34:00 39

QuotationPolyester Filament Price

Varieties

January 8th price

Ups and downs

Company

crude oil

WTI

Forty-nine point seven eight

+1.26

USD / barrel

Brent

Fifty-eight point seven five

+1.39

USD / barrel

raw material

PX

One thousand and four point six seven

+10

US dollar / ton

PTA

Six thousand one hundred and eighty

+5

Yuan / ton

MEG

Five thousand one hundred and fifty

-75

Yuan / ton

Polyester filament

POY15D/48F

Eight thousand and one hundred

Zero

Yuan / ton

FDY15D/96F

Nine thousand and one hundred

Zero

Yuan / ton

DTY15D/48F

Ten thousand and one hundred

Zero

Yuan / ton

Macro news

The world bank lowered its global economic growth rate to 2.9% in 2019 and 3% in June.

The European Union crude oil futures rose sixth consecutive trading days, thanks to OPEC's reduced output and stable stock market, and has risen more than 7% since last Monday.

Forecast today

Yesterday (January 8, 2019) closing two raw materials mixed each other, polyester cost side fluctuations are not great, polyester filament enterprises are expected to be cautious, and the recent production and marketing situation is not good, the price upward impeded, or continue stalemate.

Industry start up rate

industry

January 7th

January 8th

change

PTA

74.88%

74.88%

0%

polyester

83.44%

83.23%

-0.11%

Jiangsu and Zhejiang looms

65%

65%

0%

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January 9Th Market Morning Post: Polyester Staple Fiber Production And Sales Prices Continue Upward Resistance

Europe and the United States continued to rise in crude oil futures, but PTA futures market performance is generally, and yesterday, polyester staple fiber market production and sales have come down, prices continue to rise.