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January 18Th Morning Market Report: Polyester Staple Fiber Price Fluctuation Space Is Limited Before Or Maintain Stable Trend

2019/1/18 10:07:00 26

Market PricesPET Staple Prices

Varieties

January 17th price

Ups and downs

Company

crude oil

WTI

Fifty-two point zero seven

-0.24

USD / barrel

Brent

Sixty-one point one eight

-0.14

USD / barrel

raw material

PX

One thousand and fifty-nine

-10.67

US dollar / ton

PTA

Six thousand three hundred and five

-15

Yuan / ton

MEG

Five thousand and eighty

-95

Yuan / ton

Psf

Jiangsu and Zhejiang market

Eight thousand six hundred and seventy-five

Zero

Yuan / ton

Fujian Market

Eight thousand and seven hundred

Zero

Yuan / ton

Shandong and Hebei markets

Eight thousand eight hundred and twenty-five

Zero

Yuan / ton

downstream

T32S

13200-13300

Zero

Yuan / ton

T40S/2

17800-17900

Zero

Yuan / ton

Macro news

The Central Bank of China released a net investment of 380 billion yuan in the open market. This week accumulated a total of over $1 trillion. The Ministry of Commerce first announced the Sino US trade figures for 2018: last year, the volume of trade between China and the United States exceeded US $630 billion, and two-way investment between the two countries exceeded US $240 billion.

The State Administration of Taxation: in 2018, the tax revenue grew by 9.5%, and the tax task and tax reduction target were successfully completed.

Forecast today

Polyester staple fiber enterprises currently have no stock at all, but due to the high cash flow and the gradual closure of the downstream stage, the intensity of replenishment before the festival is limited, and the fluctuation of polyester staple fiber prices is limited.

Industry start up rate

industry

January 16th

January 17th

change

PTA

77.22%

77.22%

0%

polyester

81.64%

81.64%

0%

Psf

80.49%

80.49%

0%

Jiangsu and Zhejiang looms

63%

55%

-8%

 

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