January 16Th Market Morning Post: Polyester Chip Price Or Small Rise But Limited Space
| Varieties | January 15th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point one one | +1.6 | USD / barrel |
| Brent | Sixty point six four | +1.65 | USD / barrel | |
| raw material | PX | One thousand and seventy-four | +3 | US dollar / ton |
| PTA | Six thousand and three hundred | +35 | Yuan / ton | |
| MEG | Five thousand one hundred and sixty-five | +25 | Yuan / ton | |
| PET chip | Semi optical section | Seven thousand six hundred and fifty | Zero | Yuan / ton |
| Bright section | Seven thousand and seven hundred | Zero | Yuan / ton | |
| Macro news | Technology stocks led the US stock market, the S & P and Nasdaq rose by over 1%, while the US oil rose by over 3%. | |||
| Forecast today | Europe and the United States crude oil rebound, polyester raw material terminal support is advantageous, at present polyester chip manufacturers inventory is low, production and marketing is still available, downstream sliced spinning stocking situation appears, but do what it takes. The downstream terminals of Jiangsu and Zhejiang provinces have been stopped for maintenance. Short term bullish strength remains, and polyester chip prices are expected to rise slightly today. But the floating space is limited. | |||
| Industry start up rate | ||||
| industry | January 14th | January 15th | change | |
| PTA | 77.22% | 77.22% | 0% | |
| polyester | 81.77% | 81.63% | -0.14% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
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