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February 20Th Morning Market Report: Polyester Filament With Enterprise Inventory Increase Or Fall Hard To Rise

2019/2/20 11:40:00 44

Polyester Filament Market

In short term, raw material PTA is expected to have a weaker shock, while ethylene glycol has a certain rebound after bottoming.

At present, the terminal weaving start up slowly, the demand for polyester filament is difficult to follow up, and the production and marketing pressure is increasing.


Varieties

Two

Price 19 / month

Ups and downs

Company

crude oil

WTI

Fifty-six point zero nine

+0.5

USD / barrel

Brent

Sixty-six point four five

+0.05

USD / barrel

raw material

PX

One thousand one hundred and nine point nine two

-3.5

US dollar / ton

PTA

Six thousand four hundred and forty-one

-35

Yuan / ton

MEG

Four thousand nine hundred and fifteen

-40

Yuan / ton

Polyester filament

POY15D/48F

Eight thousand and four hundred

Zero

Yuan / ton

FDY15D/96F

Nine thousand and five hundred

Zero

Yuan / ton

DTY15D/48F

Ten thousand three hundred and fifty

Zero

Yuan / ton

Macro news

One

U.S. stocks rose slightly after opening low, gold prices rose to a 10 month high, the dollar fell, bitcoin rose 4000 U.S. dollars, block chain stocks soaring.

Two

The Fed's three figure is satisfied with the current interest rate level, needs new prospects to raise interest rates, and when bank reserves fall to $1 trillion, it stops shrinking.

Three

Opinions of the CPC Central Committee and the State Council on "three rural issues": implementation of soybean revitalization plan and revitalization of dairy industry

Four

Liu He, vice premier of the State Council, was invited to hold the seventh round of Sino US economic and trade consultations in the United States.

Five

Sun Guofeng, director of the central bank's Monetary Policy Division, will soon conduct its first CBS operation.

production and marketing

As of 16:10 yesterday, the average production and sales of Zhejiang area 36%

Industry start up rate

industry

Two

18 June

Two

19 June

change

PTA

86.91%

86.91%

0%

polyester

83.47%

83.62%

+0.15%

Direct spinning filament

88.61%

89.18%

+0.57%

Jiangsu and Zhejiang looms

47%

51%

+4%


Remarks: the PTA utilization rate is calculated with effective capacity of 49 million 290 thousand tons, and the production capacity of polyester is adjusted to 55 million 350 thousand tons.

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