Polyester Raw Materials Narrow Vibration Polyester Chip Price Increase (3.5)

Summary of today's quotations

crude oil

WTI crude oil futures rose 1.42% in April to 56.59 U.S. dollars / barrel. Brent crude oil futures rose 0.92% in May to 65.67 U.S. dollars / barrel.

Macro overview

On Monday, driven by optimism in the global stock market, U.S. stocks opened higher in the morning, but then the group fell. The Dow fell 400 points, down about 200 points, and the S & P and Nasdaq fell 1% over the same period, down 0.38% and 0.23% respectively. Media said OPEC may decide to extend production cuts in June, and US oil rose nearly 1.5%. US dollar and US debt rose. Offshore renminbi (CNH) against the US dollar Beijing time 05:59 reported 6.7069 yuan, 71 points higher than last Friday's New York stock market, the intraday trading as a whole in 6.6867-6.7134. Tesla fell again, down 3.2%. Much more, 3.8% higher, and 38% higher in the year.

Summary of today's market

In early trading today, PTA's internal and external prices were stable, and MEG's center of gravity was strong, and the market was generally trading. Today's price is up.

Yesterday, a strong commodity market pushed up the chemical sector. PTA futures rose sharply, and the market for polyester related products was warmer. Yesterday, the average production and sales were near 130%, and downstream started one after another. Therefore, the slicing price is still strong and volatile today.

PTA industry started 82.77%, polyester start-up load 83.60%, Jiangsu and Zhejiang looms comprehensive start 75%.

Polyester chips today's price

About half of today's light is expected to be around 7850, with bright 7900.