January 24Th Market Morning Post: Polyester Filament Prices Temporarily Stabilized Part Of The Beginning Of Sales Promotion
| Varieties | January 23rd price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point six two | -0.39 | USD / barrel |
| Brent | Sixty-one point one four | -0.36 | USD / barrel | |
| raw material | PX | One thousand and seventy-five | -11.67 | US dollar / ton |
| PTA | Six thousand four hundred and seventy | -120 | Yuan / ton | |
| MEG | Five thousand and sixty | -100 | Yuan / ton | |
| Polyester filament | POY15D/48F | Eight thousand four hundred and fifty | Zero | Yuan / ton |
| FDY15D/96F | Nine thousand five hundred and fifty | Zero | Yuan / ton | |
| DTY15D/48F | Ten thousand three hundred and fifty | Zero | Yuan / ton | |
| Macro news | The US stock closed up narrowed, IBM hit the biggest increase in ten years; the White House economic adviser: the government closed or the US GDP growth in the quarter dropped to zero; the media said the chief of staff sought to understand the impact of shutting down to 3 and April; the United Kingdom had no agreement to drop the risk of Europe, and the labour party wanted to support the delay of the euro bill, and the pound rose by two months. | |||
| Forecast today | Overnight crude oil continued to fall, double raw materials entered the storehouse stage, downside risks increased, polyester filament cost end support was insufficient, and manufacturers' mindset tended to be cautious. Recently, looms began to decline continuously, the demand for polyester decreased, production and sales declined, and the resistance of manufacturers increased. | |||
| Industry start up rate | ||||
| industry | January 22nd | January 23rd | change | |
| PTA | Eighty-one point seven one | 81.71% | 0% | |
| polyester | 79.92% | 79.39% | -0.53% | |
| Jiangsu and Zhejiang looms | 52% | 50% | -2% | |
Remarks: after correction, the PTA capacity base is 51 million 390 thousand tons, and the polyester production base is 55 million 100 thousand tons.
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January 24Th Morning Market Report: The Gradual Closure Of The Downstream Polyester Chip Market Continues To Stabilize The Market.
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