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January 21St Morning Market Report: Saturday, Some PET Filament Enterprises Offer Increased By 100 Yuan.

2019/1/21 11:26:00 13

Polyester Filament Business Offer

Varieties

January 18th price

Ups and downs

Company

crude oil

WTI

Fifty-three point eight

+1.73

USD / barrel

Brent

Sixty-two point seven

+1.52

USD / barrel

raw material

PX

One thousand and seventy

+11

US dollar / ton

PTA

Six thousand three hundred and twenty-five

+20

Yuan / ton

MEG

Four thousand nine hundred and ninety-five

-85

Yuan / ton

Polyester filament

POY15D/48F

Eight thousand one hundred and fifty

Zero

Yuan / ton

FDY15D/96F

Nine thousand and two hundred

Zero

Yuan / ton

DTY15D/48F

Ten thousand one hundred and fifty

Zero

Yuan / ton

Macro news

Last Friday, US stocks rose, the US dollar rose, the offshore renminbi dropped 330 points, and the gold fell. Trump proposed to relax some immigration laws in exchange for the 5 billion 700 million dollar border wall payment and end the closure of the government. The Republican Senate leader will vote in a week. The speaker of the house of representatives said the Democrats did not accept it; Merkel warned the European Union: if necessary, compromise was needed, and Britain could not get rid of Europe. You have the responsibility. Merkel successor and the German business community wrote to Britain: it is time to give up the euro.

Forecast today

Raw materials PTA rose to enhance the market atmosphere of polyester filament, cost support and the recent decline in enterprise inventories. On Saturday, some pet companies increased their offer by 100 yuan.

However, in the middle of the month, the looms began to decline significantly, and polyester enterprises also entered the stage of centralized parking and production reduction. The supply and demand of the market were two, and it was difficult for them to continue to grow.

Industry start up rate

industry

January 11th

January 18th

change

PTA

77.22%

77.22%

0%

polyester

81.77%

81.59%

-0.18%

Jiangsu and Zhejiang looms

63%

55%

-8%

 

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