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