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January 25Th Market Morning Post: Polyester Staple New Single Paction Limited Price Or Stable

2019/1/25 11:52:00 27

Polyester Staple Price

Varieties

January 24th price

Ups and downs

Company

crude oil

WTI

Fifty-three point one three

+0.51

USD / barrel

Brent

Sixty-one point zero nine

-0.05

USD / barrel

raw material

PX

One thousand and sixty-three point five

-11.5

US dollar / ton

PTA

Six thousand four hundred and sixty

-10

Yuan / ton

MEG

Five thousand and forty

-20

Yuan / ton

Psf

Jiangsu and Zhejiang market

Eight thousand eight hundred and twenty-five

-25

Yuan / ton

Fujian Market

Eight thousand nine hundred and fifty

Zero

Yuan / ton

Shandong and Hebei markets

Eight thousand nine hundred and sixty-five

Zero

Yuan / ton

downstream

T32S

Thirteen thousand and four hundred

Zero

Yuan / ton

T40S/2

Seventeen thousand nine hundred and fifty

Zero

Yuan / ton

Macro news

The US Senate has rejected two bills of expediency spending, and the US government has been closed.

US stocks are mixed.

S & P rose 0.13%, the Dow edged down, and the NASDAQ rose 0.68%.

Forecast today

Entering the closing market, PTA futures market rose hardly to stimulate the polyester market. The stocking before the lower season is coming to an end. The polyester staple factory has been giving priority to the previous orders, and the new single paction is very limited, and the price is not adjusted.

Industry start up rate

industry

January 23rd

January 24th

change

PTA

80.62%

80.62%

0%

polyester

79.39%

78.37%

-1.02%

Psf

78.70%

77.61%

-1.09%

Jiangsu and Zhejiang looms

50%

50%

0%

Remarks: after data correction, the PTA effective capacity base is 49 million 290 thousand tons, the polyester production base is 55 million tons, and the polyester short fiber productivity base is 7 million 371 thousand tons.

 

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