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

2019/1/9 10:35:00 41

Market PricesPET Staple Prices

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

Psf

Jiangsu and Zhejiang market

8500-8700

Zero

Yuan / ton

Fujian Market

8650-8700

Zero

Yuan / ton

Shandong and Hebei markets

8700-8850

Zero

Yuan / ton

downstream

T32S

13200-13300

Zero

Yuan / ton

T40S/2

17800-17900

Zero

Yuan / ton

Macro news

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

Forecast today

Crude oil futures in Europe and the United States continue to rise, but PTA futures market performance is generally, and yesterday, the production and sale of polyester staple fiber has come down, and prices continue to go up against resistance, but taking into account the low inventory, short price or partial stabilization.

Industry start up rate

industry

January 7th

January 8th

change

PTA

74.88%

74.88%

0%

polyester

83.34%

83.23%

-0.11%

Psf

83.75%

83.75%

0%

Jiangsu and Zhejiang looms

65%

65%

0%

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