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January 31St Morning Market Report: A Strong Holiday Mentality, Polyester Chips Continue To Be Stable.

2019/1/31 10:48:00 30

PET Chip

Varieties

One

month

Thirty

Daily price

Ups and downs

Company

crude oil

WTI

Fifty-four point two three

+0.92

dollar

/

bucket

Brent

Sixty-one point six five

+0.33

dollar

/

bucket

raw material

PX

One thousand and seventy-three

+13.33

dollar

/

ton

PTA

Six thousand and five hundred

+45

element

/

ton

MEG

Five thousand and thirty-five

+30

element

/

ton

PET chip

Semi optical section

Seven thousand and nine hundred

Zero

element

/

ton

Bright section

Seven thousand and nine hundred

Zero

element

/

ton

Macro news

Fed announced that doves, U.S. stocks rose, the NASDAQ rose

2.2%

Apple is approaching.

7%

,

AMD

rise

20%

The US dollar plunged and gold oil rose.

Forecast today

Overnight crude oil rose slightly, pushing the cost of polyester to a slight rise, but near the Spring Festival, downstream slicing and traders have completed the closing stage, polyester chip manufacturers sporadic shipments, the new single paction is limited, a strong holiday mentality.

It is expected that the polyester chip market will continue to be stable today.

Industry start up rate

industry

One

month

Twenty-nine

day

One

month

Thirty

day

change

PTA

84.18%

84.18%

0%

polyester

76.08%

76.08%

0%

Jiangsu and Zhejiang looms

29%

23%

-6%

Remarks: after data correction, the PTA capacity base is 49 million 290 thousand tons, and the polyester production base is 55 million tons.

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The situation in Venezuela is volatile, and crude oil continues to rise overnight. Recently, the production and sale of polyester industrial yarn market is two light, and the price continues stable trend. At present, the strength of ordinary polyester is 100.