January 17Th Market Morning Post: Polyester Filament Market Or Steady Warmer
| Varieties | January 16th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point three one | +0.2 | USD / barrel |
| Brent | Sixty-one point three two | +0.68 | USD / barrel | |
| raw material | PX | One thousand and sixty-nine point six seven | -4.75 | US dollar / ton |
| PTA | Six thousand three hundred and twenty | +20 | Yuan / ton | |
| MEG | Five thousand one hundred and seventy-five | +10 | Yuan / ton | |
| Polyester filament | POY15D/48F | Eight thousand one hundred and fifty | Zero | Yuan / ton |
| FDY15D/96F | Nine thousand and two hundred | Zero | Yuan / ton | |
| DTY15D/48F | Ten thousand one hundred and fifty | Zero | Yuan / ton | |
| Macro news | US stocks rose, Goldman Sachs rose nearly 10%, the biggest one-day gain in 10 years, the US bank rose 7%, and palladium futures reached a new high; Goldman Sachs quarterly forecast exceeded the full year profit; the US bank's fourth quarter net profit was high; Russian officials said it expected to achieve the goal of OPEC+ production reduction by April, and the international oil price jumped; after that, oil prices fell due to the record high oil output in the US. | |||
| Forecast today | Yesterday (January 16, 2019), both raw materials were closed up, the cost of polymerization increased, polyester filament enterprises profit compression. However, after the partial exploration of polyester enterprises did not stimulate the downstream purchasing enthusiasm, the weaving industry was expected to be cautious in the future, and the stock preparation before the holiday was relatively slow. After the mid month polyester enterprises continue to stop and repair, the market supply is reduced, and the market atmosphere is boosted. | |||
| Industry start up rate | ||||
| industry | January 15th | January 16th | change | |
| PTA | 72.93% | 72.93% | 0% | |
| polyester | 81.64% | 81.64% | 0% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
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