January 10Th Market Morning Post: Polyester Filament Individual Factory Offer To Explore
| Varieties | January 9th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point three six | +2.58 | USD / barrel |
| Brent | Sixty-one point four four | +2.72 | USD / barrel | |
| raw material | PX | One thousand and forty-one point one seven | +36.5 | US dollar / ton |
| PTA | Six thousand two hundred and eighty | +100 | Yuan / ton | |
| MEG | Five thousand one hundred and eighty-five | +35 | Yuan / ton | |
| Polyester filament | POY15D/48F | Eight thousand and one hundred | Zero | Yuan / ton |
| FDY15D/96F | Nine thousand and one hundred | Zero | Yuan / ton | |
| DTY15D/48F | Ten thousand and one hundred | Zero | Yuan / ton | |
| Macro news | Fed dodge minutes to boost the market, however, the United States government closed down the haze continued, Trump said negotiations with the Democratic Party to end the closure of the government is a waste of time, the U.S. stock market rose narrowed. S & P rose 0.4%, the Dow rose four times, and the NASDAQ rose 0.87%. Tesla rose nearly 1%, Amazon rose 0.2%, Apple Rose 1.7%. US oil rose 5% and entered the bull market. The US dollar fell sharply and the offshore renminbi broke 6.81. | |||
| Forecast today | Overnight crude oil continued to explore, polyester raw materials closed yesterday closed up, to enhance the mentality of polyester filament manufacturers, polymerization costs increased, polyester enterprises profit compression, there is a certain increase with expectations. However, considering the low start-up rate of the terminal manufacturing industry and the gradual shrinking of demand, fear of high price triggers downstream resistance and is therefore prudent in price adjustment. It is expected that today's individual factory quotations will rise and whether the market can follow up. | |||
| Industry start up rate | ||||
| industry | January 8th | January 9th | change | |
| PTA | 74.88% | 74.88% | 0% | |
| polyester | 83.23% | Eighty-three point two three | 0% | |
| Jiangsu and Zhejiang looms | 65% | 65% | 0% | |
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