January 29Th Market Morning Post: The Polyester Staple Market Has Entered A Full Ending Stage.
Varieties | One month Twenty-eight Daily price | Ups and downs | Company | |
crude oil |
WTI |
Fifty-one point nine nine |
-1.70 | dollar / bucket |
Brent |
Fifty-nine point nine three |
-1.71 | dollar / bucket | |
raw material |
PX |
One thousand and fifty-eight |
-17.67 | dollar / ton |
PTA |
Six thousand four hundred and sixty-five |
-65 | element / ton | |
MEG |
Five thousand and fifty |
-20 | element / ton | |
Psf | Jiangsu and Zhejiang market |
Eight thousand and eight hundred |
-25 | element / ton |
Fujian Market |
Eight thousand nine hundred and fifty |
Zero | element / ton | |
Shandong and Hebei markets |
Eight thousand nine hundred and fifty |
-15 | element / ton | |
downstream |
T32S |
Thirteen thousand and four hundred |
Zero | element / ton |
T40S/2 |
Seventeen thousand nine hundred and fifty |
Zero | element / ton | |
Macro news | Saudi Arabia's energy minister said Russia's commitment to speed up production cuts and international oil prices still hit a two week low. After the US announced sanctions against Venezuela's oil companies, oil prices narrowed. 3% Within. | |||
Forecast today | The operating rate of the spinning industry has dropped to 45% Near the end of this week, the construction of the polyester staple fiber market is coming to a full ending stage. The market is short of new single paction, and the price is stable. / Restart process and post holiday inventory. | |||
Industry start up rate | ||||
industry |
One month Twenty-five day |
One month Twenty-eight day | change | |
PTA |
80.62% |
84.18% |
+3.56% | |
polyester |
77.29% |
76.32% |
-3.62% | |
Psf |
77.61% |
77.61% |
0% | |
Jiangsu and Zhejiang looms |
42% |
33% |
-9% | |
Remarks: PTA effective capacity base is 49 million 290 thousand tons, polyester production base is 55 million tons, and polyester staple fiber production base is 7 million 371 thousand tons.
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